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Drone Data Services Market Growth, Analysis 2025 | Industry Report

Drone Data Services Market Analysis Report By Service Type, By Platform, By End-Use, By Region And Segment Forecasts From 2017 To 2025

Report ID: MN17619896  |  Published: July 2020  |  No of Pages: 126
Format: Electronic (PDF)  |  Industry: Computing & Technology  |  Publisher: Grand View Research

Industry Insights

The global drone data services market size was worth USD 152.1 million in the year 2016. The growth is imputed to the rising demand for drone information analysis by businesses across the globe to carry out different critical tasks like cadastral surveying, automated mapping, corridor surveying, LiDAR mapping and volumetric calculations.

Unmanned Aerial Vehicle (UAV) imagery service providers offer new opportunities for agriculture & construction industries and expanding their growth potential and enable actuation and predictive capabilities. Such capabilities provide benefits relating to risk mitigation, cost reduction, and quality improvements, thus, offering a competitive edge to the users.

Germany drone data services market

Drones and sensors offer a considerable amount of data to businesses, thus, adding to their capabilities and applications. The analysis of the provided information improves operational intelligence and preventive/predictive maintenance. Businesses now prefer using data management platforms to analyze and process information for identifying and classifying important events and preparing reports.

Drone data service providers are predicted to gain momentum by authorizing companies worldwide to access UAV’s imagery easily. This can be accomplished by converting the imagery into actionable information in simpler 3D models, orthomosaic maps, and Digital Elevation Models (DEMs). Numerous companies are gaining access to the UAV software and developing software to offer mapping solutions and aerial imagery analysis for the consumers.

Companies like 3D Robotics and Parrot SA have transformed their businesses from manufacturing to developing UAV software. Additionally, 3D Robotics has turned up as a company majorly focused on UAV software development and offers imagery services for construction, mapping & surveying applications, and civil engineering.

Service Type Insights

Mapping & Surveying held the largest share in the drone data service market in 2016 and is expected to continue its dominance until 2025. Drones are extensively used by mapping service providers and land surveyors to enhance their resources of instrument measurements, thereby, creating huge information that needs analysis. The digital images obtained by the drones give accurate data with a resolution of 1.5 cm each pixel.

Companies are now increasingly adopting drones for businesses. Farmers are using maps generated with the software to spot areas for crop variation and damages and help in verifying the causes for damages like equipment malfunctioning, prescribe solutions, pests, and irrigation problems.

End-use Insights

Real estate & construction is expected to emerge as the leading industry by 2025. Drones have various applications in construction sites to complete the task in a cheaper and faster way.

The analysis of construction activities that use images generated via drones is anticipated to turn out to be a lucrative opportunity for drones. Real estate industry is now able to develop construction plans in the UAV provided information. This is performed by strict building plans that are developed through planning and architectural software and projecting them on the ortho-mosaic of the entire site.

Agriculture has observed considerable growth in the past years. Farmers are adopting UAV generated images to attain timely information and analyze the results relating to crop yields, plant health and little other information. Drones offer higher precision, early warning signals and cheaper imaging owing to timely index-reporting and total-field scouting as against their counterparts.

Platform Insights

Cloud-based UAV data services are anticipated to observe the fastest growth in the coming eight years. The segment broadens the power of aerial images by deploying a suite of third-party uses on mobiles and desktop devices thus, providing ease to businesses to analyze, share information among the organization.

Global drone data services market

The deployment of cloud computing technology is one of the major achievements in the industry. The advantages relating to the utilization of cloud-based UAV imagery services like optimized operations are providing businesses to move towards cloud technology.

Regional Insights

North America held the largest market share in 2016. The growth is attributed to its rising use in civil aerospace and the demand for drones among businesses. The commercial sectors in the U.S. are witnessing a fueling demand for real-time and high-quality data coupled with positive changes in the laws relating to the use of these devices for business activities.

The regional market of Europe was valued above USD 40 million in 2016. It is projected to observe significant growth in the near future. The UAV market is controlled by the confusing and inconsistent patchwork of state regulations. The uncertainty has led to a higher demand for drone-data enabled analytical services within organizations in the region.

Asia Pacific is expected to register a CAGR of above 60% from 2017 to 2025. The growth is credited to the development of the commercial sector and policy framework relating to the adoption of drones in the commercial sector.

Drone Data Service Market Share Insights

The key players include DroneDeploy, PrecisionHawk, DroneCloud,  Sentera, LLC, Pix4D, 4DMapper, Skycatch, Inc., Agribotix LLC,  Dronifi, and Airware. The industry is expected to potentially grow with expected rise in new entrants in the market in the upcoming years. Service providers and manufacturers are shifting from traditional business processes towards the deployment of imagery data-enabled intelligent software.

Report Scope

Attribute

Details

Base year for estimation

2016

Actual estimates/Historical data

2014 - 2015

Forecast period

2017 - 2025

Market representation

Revenue in USD Million & CAGR from 2017 to 2025

Regional scope

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Country Scope           

U.S., Canada, U.K., Germany, Japan, China

Report coverage

Revenue forecast, company share, competitive landscape, and growth factors and trends

15% free customization scope (equivalent to 5 analyst working days)

If you need specific information, which is not currently within the scope of the report, we will provide it to you as a part of customization


Segments Covered in the Report

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Million Insights has segmented the global drone data services market on the basis of type, platform, end-use, and region:

• Service Type Outlook (USD Million, 2014 - 2025)
    • Mapping & Surveying
    • Photogrammetry
    • 3D Modeling & Digital Elevation Model (DEM)
    • Others

• Platform Outlook (USD Million, 2014 - 2025)
    • Cloud-Based
    • Operator Software

• End-Use Outlook (USD Million, 2014 - 2025)
    • Real Estate & Construction
    • Agriculture
    • Mining
    • Others

• Regional Outlook (Revenue, USD Million, 2014 - 2025)
    • North America
        • U.S.
        • Canada
    • Europe
        • Germany
        • U.K.
    • Asia Pacific
        • China
        • Japan
    • Middle East & Africa
    • Latin America

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