According to a market research report published by Contrive Datum Insights, North America is expected to be the most prominent region by the end of the reporting period
Farmington, Jan. 31, 2023 (Global News Agency) — Worldwide Drone-Driven Business Solutions Market In 2022, the scale will reach 1.4533 billion US dollars. The market is projected to reach USD 12,087.4 million by 2030, with a CAGR of 42.4% during 2023-2030. The use of drones to complete a range of fixed tasks is becoming more common in organizations of all kinds. As a direct result, there is an increasing global demand for business solutions enabled by the use of drone technology. Based on the study findings, the global market is expected to exhibit a high growth rate during the forecast period.
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This is because demand is expected to increase. Moreover, the research report provides a complete analysis of the global market in order to provide readers and industry players with a comprehensive review of the topic.
Drone-Driven Business Solutions Market Recent developments:
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March 22, 2022Pix4D has announced that it has won a tender from Deutsche Bahn to provide solutions and services for upcoming railway infrastructure projects using the analysis and visualization of drone imagery.
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March 2015: Drone maker 3D Robotics launches open-source development platform to drive innovation for public applications
Drone-Driven Business Solutions Market Segment analysis:
Most of the research is devoted to services and software, which are the most relevant solutions to investigate. In 2015, services held the largest market share among all categories. The software solution type is expected to grow at a compound annual growth rate (CAGR) of over 70% during the projected period. This segment has grown due to the transformation of drone service providers into companies that sell general software solutions to other service providers. Previously, drone service providers were businesses selling complete systems from top to bottom.
Multi-rotor Unmanned Aerial Vehicles (UAV) dominated the market in 2015 and this trend is expected to continue throughout the forecast period. Nonmilitary applications for multirotor aircraft include environmental inspections, sports coverage, aerial photography, and agriculture.
The film and photography segment accounted for the highest market share in 2015. One of the most common and widespread uses of HD cameras is aerial filmmaking and photography. A novel flight control system uses a drone with a three-axis gyroscope, barometer sensor and GPS to provide an extremely stable platform for cinematography. A drone equipped with a camera mounted on a gimbal can pan, tilt and roll the camera view, resulting in a smoother perspective.
This study examines various end-use industries, including real estate and construction, media and entertainment, energy, agriculture, security and law enforcement, logistics and transportation, and others. Oil & Gas, Utilities & Electricity, and Renewables are the three energy types that are dissected and evaluated in further detail. Energy is expected to develop rapidly during the projected time period.
Regional Outlook:
North America is expected to be the most prominent region by the end of the reporting period. The growth is partly attributable to the increasing demand for data generated by drones and unmanned aerial vehicles (UAVs) in the region, especially in the United States. In recent years, this demand has been exceptionally strong.
Europe is expected to experience major expansion over the next nine years, a direct result of the European Commission (EC) attempting to standardize legislation governing the use of unmanned aircraft systems (UAS).
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Report scope:
report properties |
detail |
growth rate |
42.4% From 2023 to 2030 |
Market size in 2022 |
Dollar 1.4533 billion |
Revenue Forecast to 2030 |
$12.0874 billion |
in solution |
service, software |
by type |
Multi-rotor, fixed wing, others |
in the application |
Shooting and Photography, Surveying and Surveying, Data Acquisition and Analysis, Surveillance and SAR, 3D Modeling, Delivery Services, Others |
by end user |
Real Estate & Construction, Media & Entertainment, Energy, Oil & Gas, Utilities & Power, Renewable Energy, Agriculture, Security & Law Enforcement, Logistics & Transportation, Other |
In the company |
Pix4D, Cyberhawk Innovations Ltd., Airware Inc., Phoenix Drone Services LLC, Eagle-Eye Drone Service, SenseFly Ltd., FlyWorx, 3D Robotics, DroneDeploy, PrecisionHawk, Aerobo, Skylark drones, etc. |
base year |
2022 |
historical year |
2017 – 2021 |
forecast year |
2023 to 2030 |
Market Drivers and Restraints:
The global market for drone-powered commercial solutions is expected to gradually expand over the next few years. The rapid expansion of the market may be attributed to advancements in drone technology, which is expected to create exciting opportunities in many emerging countries and bring various new business applications. This is expected to help expand the global market for drone-based commercial solutions over the aforementioned time frame.
Increased demand for drones across various industries across the globe is also expected to contribute to the expansion of the market in the near future. On the other hand, customers are becoming more aware of the impact that new technologies can have on a large number of businesses as the need to deal with various issues increases. Therefore, the expansion rate of the global market is likely to slow down in the coming years.
Major Segments of the Drone-Driven Commercial Solutions Market Covered:
Top Market Players:
Pix4D, Cyberhawk Innovations Ltd., Airware Inc., Phoenix Drone Services LLC, Eagle-Eye Drone Service, SenseFly Ltd., FlyWorx, 3D Robotics, DroneDeploy, PrecisionHawk, Aerobo, Skylark drones and more.
in solution
by type
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multi-rotor
-
fixed wing
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other
by application
in the end use
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Real Estate and Construction
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Media and Entertainment
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vitality
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Petroleum and natural gas
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Utilities & Power
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renewable energy
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agriculture
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Security and Law Enforcement
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Logistics
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other
Regions and countries covered
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North America: (US, Canada, Mexico, Rest of North America)
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Europe: (Germany, France, Italy, Spain, UK, Nordic countries, Benelux, Rest of Europe)
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Asia-Pacific: (Japan, China, India, Australia, Korea, Southeast Asia, Rest of Asia Pacific)
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Middle East and Africa: (Saudi Arabia, UAE, Egypt, South Africa, Middle East and Rest of Africa)
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Latin America: (Brazil, Argentina, Rest of Latin America)
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rest of the world
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