Contrive Datum Insights forecasts the drone-powered business solutions market to reach $12,087.4 million by 2030, at a CAGR of 42.4% during the forecast period of 2022-2030.

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Contrive Datum Insights Pvt Ltd

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According to a market research study published by Contrive Datum Insights, North America is expected to be the most popular region at the conclusion of the forecast period.

FARMINGTON, Jan. 31, 2023 (GLOBE NEWSWIRE) — The international Drone-powered business solutions market By 2022, the amount will reach $1,453.3 million. The market is expected to reach USD 12,087.4 million by 2030, exhibiting a CAGR of 42.4% during 2023-2030.. The experience of employing drones in various organizations to carry out a wide range of tasks is expanding. As a result, there is a growing demand for business solutions using drone technology worldwide. According to the findings of the research study, the global market will show high growth during the forecast period.

Request a copy of the report template.Drone Business Solutions Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Impact of Covid-19, SWOT Analysis, Competition and Forecasts 2022 to 2030”, published by Contrive Datum Insights.

This is the case since demand is expected to increase. In addition, the research report provides a complete analysis of the global market to provide the readers and industry participants with an in-depth investigation of the subject.

Drone-powered business solutions market Recent developments

  • On March 22, 2022Pix4D announced that it has received a competitive bid from Deutsche Bahn to use drone imagery analysis and visualization to provide solutions and services for upcoming rail infrastructure projects.

  • March 2015: Drone maker 3D Robotics launches open source development platform to boost public app innovation.

Drone-powered business solutions market Breakdown Analysis:

Much of the research has focused on services and software, the most relevant types of solutions to investigate. In 2015, services held the largest market share across all categories. During the forecast period, the compound annual growth rate (CAGR) for the software solution category is expected to exceed 70% annually. This market segment has expanded due to the transformation of drone service providers into organizations selling comprehensive software solutions to other service providers. In the past, drone service providers were businesses that sold complete systems from top to bottom.

Multi-rotor unmanned aerial vehicles (UAVs) dominated the market in 2015, and this trend is expected to continue throughout the forecast period. Non-military applications of multirotor aircraft include environmental surveillance, sports coverage, aerial photography, and agriculture.

The film and photography sectors accounted for the largest share of the market in 2015. One of the most widespread and widely used high definition cameras is aerial filmmaking and photography. A novel flight control system uses drones equipped with three-axis gyros, barometer sensors and GPS to provide an extremely stable platform for cinematography. Drones equipped with cameras mounted on gimbals can pan, tilt and roll the camera’s view, resulting in more fluid views.

This study examines a variety of end-use industries, including real estate and construction, media and entertainment, energy, agriculture, security and law enforcement, logistics and transportation, and others. Oil and gas, utilities and power, and renewable energy are the three types of energy that are broken down and reviewed in more detail. It is estimated that energy will move quickly in the planned time frame.

Regional view:

North America is expected to be the most popular region at the conclusion of the forecast period. The increase is due in part to an increase in drones and data from local enterprises, particularly in the United States. In recent years, this demand is extremely high.
Europe is expected to see major expansion over the next nine years as the European Commission directs efforts to standardize the law governing the use of drones.

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Scope of Report:

Report features

Details

growth rate

42.4% From 2023 to 2030

Market size in 2022

USD 1,453.3 million

Income forecast in 2030

12,087.4 million dollars

In solution

Services, software

In kind

Multi-rotor, fixed-wing, others

in applications

Imaging & Photography, Mapping & Surveying, Data Acquisition & Analysis, Surveillance & SAR, 3D Modeling, Delivery Services, Others

by the end user

Real Estate & Construction, Media & Entertainment, Energy, Oil & Gas, Utilities & Power, Renewable Energy, Agriculture, Security & Law Enforcement, Logistics & Transportation, Others

by companies

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.

Foundation year

2022

Historical year

From 2017 to 2021

Forecast year

From 2023 to 2030

Market Drivers and Restraints:

The global market for drone-powered business solutions is expected to expand gradually over the next few years. The rapid expansion of the market can be attributed to the advancement of drone technology, which is expected to create exciting opportunities in several new countries and lead to various new business applications. This is expected to contribute to the expansion of drone-based business solutions in the global market within the above-mentioned timeframe.

In the near future, increasing demand for unmanned air transport from various sectors across the globe is said to contribute to the expansion of the market. On the other hand, customers are becoming more aware of how new technologies can affect a wide range of enterprises, as the need to handle a variety of issues increases. As a result, the global market may expand slowly in the next few years.

Key Segments of the Drone Business 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

In kind

  • Multi-Rotor

  • Fixed-wing

  • Others

by application

In the end use

  • Real estate and construction

  • Media and entertainment

  • Energy

  • Oil and gas

  • utility and power

  • Renewable energy

  • Agriculture

  • Security and law enforcement

  • Logistics and transportation

  • Others

Regions and countries covered

  • North America: (USA, Canada, Mexico, Rest of North America)

  • Europe: (Germany, France, Italy, Spain, UK, Nordic countries, Benelux Union, Rest of Europe)

  • Asia-Pacific: (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific)

  • Middle East and Africa: (Saudi Arabia, United Arab Emirates, Egypt, South Africa, Rest of Middle East and Africa)

  • Latin America: (Brazil, Argentina, Rest of Latin America)

  • The rest of the world

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Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to executives in various sectors such as investment, information technology, telecommunications, consumer technology and manufacturing markets. CDI helps investment communities, business executives and IT professionals make statistically sound decisions on technology purchases and drive strong growth strategies to maintain market competitiveness. With a team size of over 100 analysts and over 200 years of market experience, Contrive Datum Insights is guaranteed to deliver industry expertise combined with global and country-level expertise.

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