The global drone analytics market is expected to grow from USD 2.62 billion in 2019 to USD 19.24 billion by 2027, at a CAGR of 28.25% during the forecast period 2020-2027.
Drone analytics is a method where high-tech drones are used to monitor, track, and control. The drones capture data through its aerial videography and photography, and later the footage is analyzed by the drone analytics software’s, which is further used to make essential decisions. They are usually used in the commercial sector. The drone analytics is widely used in applications like volumetric calculations, geo-location tagging, ground exploration, 3D modelling etc. Nowadays a lot of money is poured in for the development of the drone software’s, which is fuelling the growth of this market.
This study delivers a comprehensive analysis of types, applications, industry and regions. The type segment includes Seismic, Acoustic, Magnetic, and Infrared. Segment-wise drone analytics is used most in the agricultural sector, for monitoring because of its ability of 3d modelling, ground exploration, and geo-location tagging. However, its use is increasing in the construction industry, and it is expected to be the highest growth rate sector for the drone analytics market. Due to its thermal detection feature, its demand is surging in industries like oil & gas, mining and quarrying sector. Other than these drone analytics also has application for the use in sectors such as insurance, utilities (energy), safety & security, public administration (by the government), and by the administration of environmental programs.
The market has been divided into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. With the rapid change in technology, huge amounts of investment is made by the manufacturers in R&D. To provide drones packed with more features at a better price than the competitors is another reason for the growth in this market. North America holds the highest share, followed by Europe and then Asia-Pacific. It is anticipated that Asia-Pacific region has the highest growth potential in the future, due to the growth opportunities in the region for drone analytics operations in nations such as China, India and Japan owing to the rapid expansion of the commercial sector.
The leading players in the global drone analytics market are DJI, AgEagle Aerial Systems, Inc., Airware, AeroVironment, Inc., DroneDeploy, Delta Drone, Esri, PrecisionHawk, Inc., VIATechnik LLC, Kespry, Optelos, HUVRdata, 3D Robotics, Pix4D SA and Sentera, Inc. All the drone manufacturing companies are focusing on manufacturing drones light in weight, with high-quality cameras, bigger battery life, long-range, and fast manoeuvring speed. The drone manufacturing industry is now slowly shifting towards customized drones based on the client's needs.
DroneDeploy a startup developing a holistic cloud-based drone analytics and mapping platform received $35 million investment in series D round by Bessemer Venture Partners. Raising DroneDeploy's total funding to $90 million. PrecisionHawk another drone analytics startup based in North Carolina, received a $32 million investment from venture investors. Bringing the total funding over $130 million.
This study predicts revenue growth at global, national, and country levels from 2020 to 2027. The segmentation of the drone analytics market is done based on the following segments.
Segmentation of Global Drone Analytics Market
1. Introduction
1.1. Objectives of the Study
1.2. Market Definition
1.3. Research Scope
1.4. Currency
1.5. Key Target Audience
2. Research Methodology and Assumptions
3. Executive Summary
4. Premium Insights
4.1. Porter’s Five Forces Analysis
4.2. Value Chain Analysis
4.3. Top Investment Pockets
4.3.1. Market Attractiveness Analysis By Application
4.3.2. Market Attractiveness Analysis By Industry
4.3.3. Market Attractiveness Analysis By Type
4.3.4. Market Attractiveness Analysis By Region
4.4. Industry Trends
5. Market Dynamics
5.1. Market Evaluation
5.2. Drivers
5.3. Restraints
5.4. Opportunities
5.5. Challenges
6. Global Drone Analytics Market Analysis and Forecast, By Application
6.1. Segment Overview
6.2. Thermal Detection
6.3. Geo-Location Tagging
6.4. Ground Exploration
6.5. Aerial Monitoring
6.6. 3D Modelling
6.7. Volumetric Calculations
6.8. Others
7. Global Drone Analytics Market Analysis and Forecast, By Industry
7.1. Segment Overview
7.2. Agriculture & Forestry
7.3. Construction
7.4. Insurance
7.5. Oil & Gas
7.6. Mining & Quarrying
7.7. Transportation
7.8. Utility
7.9. Telecommunication
7.10. Scientific Research
7.11. Others
8. Global Drone Analytics Market Analysis and Forecast, By Type
8.1. Segment Overview
8.2. On-Premises
8.3. On-Demand
9. Global Drone Analytics Market Analysis and Forecast, By Regional Analysis
9.1. Segment Overview
9.2. North America
9.2.1. U.S.
9.2.2. Canada
9.2.3. Mexico
9.3. Europe
9.3.1. Germany
9.3.2. France
9.3.3. U.K.
9.3.4. Italy
9.3.5. Spain
9.4. Asia-Pacific
9.4.1. Japan
9.4.2. China
9.4.3. India
9.5. South America
9.5.1. Brazil
9.6. Middle East and Africa
9.6.1. UAE
9.6.2. South Africa
10. Global Drone Analytics Market-Competitive Landscape
10.1. Overview
10.2. Market Share of Key Players in Global Drone Analytics Market
10.2.1. Global Company Market Share
10.2.2. North America Company Market Share
10.2.3. Europe Company Market Share
10.2.4. APAC Company Market Share
10.3. Competitive Situations and Trends
10.3.1. Product Launches and Developments
10.3.2. Partnerships, Collaborations, and Agreements
10.3.3. Mergers & Acquisitions
10.3.4. Expansions
11. Company Profiles
11.1. DJI
11.1.1. Business Overview
11.1.2. Company Snapshot
11.1.3. Company Market Share Analysis
11.1.4. Company Product Portfolio
11.1.5. Recent Developments
11.1.6. SWOT Analysis
11.2. AgEagle Aerial Systems, Inc.
11.2.1. Business Overview
11.2.2. Company Snapshot
11.2.3. Company Market Share Analysis
11.2.4. Company Product Portfolio
11.2.5. Recent Developments
11.2.6. SWOT Analysis
11.3. Airware
11.3.1. Business Overview
11.3.2. Company Snapshot
11.3.3. Company Market Share Analysis
11.3.4. Company Product Portfolio
11.3.5. Recent Developments
11.3.6. SWOT Analysis
11.4. AeroVironment, Inc.
11.4.1. Business Overview
11.4.2. Company Snapshot
11.4.3. Company Market Share Analysis
11.4.4. Company Product Portfolio
11.4.5. Recent Developments
11.4.6. SWOT Analysis
11.5. DroneDeploy
11.5.1. Business Overview
11.5.2. Company Snapshot
11.5.3. Company Market Share Analysis
11.5.4. Company Product Portfolio
11.5.5. Recent Developments
11.5.6. SWOT Analysis
11.6. Delta Drone
11.6.1. Business Overview
11.6.2. Company Snapshot
11.6.3. Company Market Share Analysis
11.6.4. Company Product Portfolio
11.6.5. Recent Developments
11.6.6. SWOT Analysis
11.7. Esri
11.7.1. Business Overview
11.7.2. Company Snapshot
11.7.3. Company Market Share Analysis
11.7.4. Company Product Portfolio
11.7.5. Recent Developments
11.7.6. SWOT Analysis
11.8. PrecisionHawk, Inc.
11.8.1. Business Overview
11.8.2. Company Snapshot
11.8.3. Company Market Share Analysis
11.8.4. Company Product Portfolio
11.8.5. Recent Developments
11.8.6. SWOT Analysis
11.9. VIATechnik LLC
11.9.1. Business Overview
11.9.2. Company Snapshot
11.9.3. Company Market Share Analysis
11.9.4. Company Product Portfolio
11.9.5. Recent Developments
11.9.6. SWOT Analysis
11.10. Kespry
11.10.1. Business Overview
11.10.2. Company Snapshot
11.10.3. Company Market Share Analysis
11.10.4. Company Product Portfolio
11.10.5. Recent Developments
11.10.6. SWOT Analysis
11.11. Optelos
11.11.1. Business Overview
11.11.2. Company Snapshot
11.11.3. Company Market Share Analysis
11.11.4. Company Product Portfolio
11.11.5. Recent Developments
11.11.6. SWOT Analysis
11.12. HUVRdata
11.12.1. Business Overview
11.12.2. Company Snapshot
11.12.3. Company Market Share Analysis
11.12.4. Company Product Portfolio
11.12.5. Recent Developments
11.12.6. SWOT Analysis
11.13. 3D Robotics
11.13.1. Business Overview
11.13.2. Company Snapshot
11.13.3. Company Market Share Analysis
11.13.4. Company Product Portfolio
11.13.5. Recent Developments
11.13.6. SWOT Analysis
11.14. Pix4D SA
11.14.1. Business Overview
11.14.2. Company Snapshot
11.14.3. Company Market Share Analysis
11.14.4. Company Product Portfolio
11.14.5. Recent Developments
11.14.6. SWOT Analysis
11.15. Sentera, Inc
11.15.1. Business Overview
11.15.2. Company Snapshot
11.15.3. Company Market Share Analysis
11.15.4. Company Product Portfolio
11.15.5. Recent Developments
11.15.6. SWOT Analysis
List of Table
1. Global Drone Analytics Market, By Application, 2017–2027(USD Billion)
2. Global Thermal Detection In Drone Analytics Market, By Region, 2017–2027(USD Billion)
3. Global Geo-Location Tagging In Drone Analytics Market, By Region, 2017–2027(USD Billion)
4. Global Ground Exploration In Drone Analytics Market, By Region, 2017–2027(USD Billion)
5. Global Aerial Monitoring In Drone Analytics Market, By Region, 2017–2027(USD Billion)
6. Global 3D Modelling In Drone Analytics Market, By Region, 2017–2027(USD Billion)
7. Global Volumetric Calculations In Drone Analytics Market, By Region, 2017–2027(USD Billion)
8. Global Others In Drone Analytics Market, By Region, 2017–2027(USD Billion)
9. Global Drone Analytics Market, By Industry, 2017–2027(USD Billion)
10. Global Agriculture & Forestry, Drone Analytics Market, By Region, 2017–2027(USD Billion)
11. Global Construction, Drone Analytics Market, By Region, 2017–2027(USD Billion)
12. Global Insurance, Drone Analytics Market, By Region, 2017–2027(USD Billion)
13. Global Oil & Gas, Drone Analytics Market, By Region, 2017–2027(USD Billion)
14. Global Mining & Quarrying, Drone Analytics Market, By Region, 2017–2027(USD Billion)
15. Global Transportation, Drone Analytics Market, By Region, 2017–2027(USD Billion)
16. Global Utility, Drone Analytics Market, By Region, 2017–2027(USD Billion)
17. Global Telecommunication, Drone Analytics Market, By Region, 2017–2027(USD Billion)
18. Global Scientific Research, Drone Analytics Market, By Region, 2017–2027(USD Billion)
19. Global Others, Drone Analytics Market, By Region, 2017–2027(USD Billion)
20. Global Drone Analytics Market, By Type, 2017–2027(USD Billion)
21. Global On-Premises, Drone Analytics Market, By Region, 2017–2027(USD Billion)
22. Global On-Demand, Drone Analytics Market, By Region, 2017–2027 (USD Billion)
23. Global Drone Analytics Market, By Region, 2017–2027(USD Billion)
24. Global Drone Analytics Market, By North America, 2017–2027(USD Billion)
25. North America Drone Analytics Market, By Application, 2017–2027(USD Billion)
26. North America Drone Analytics Market, By Industry, 2017–2027(USD Billion)
27. North America Drone Analytics Market, By Type, 2017–2027(USD Billion)
28. U.S. Drone Analytics Market, By Application, 2017–2027(USD Billion)
29. U.S. Drone Analytics Market, By Industry, 2017–2027(USD Billion)
30. U.S. Drone Analytics Market, By Type, 2017–2027(USD Billion)
31. Canada Drone Analytics Market, By Application, 2017–2027(USD Billion)
32. Canada Drone Analytics Market, By Industry, 2017–2027(USD Billion)
33. Canada Drone Analytics Market, By Type, 2017–2027(USD Billion)
34. Mexico Drone Analytics Market, By Application, 2017–2027(USD Billion)
35. Mexico Drone Analytics Market, By Industry, 2017–2027(USD Billion)
36. Mexico Drone Analytics Market, By Type, 2017–2027(USD Billion)
37. Europe Drone Analytics Market, By Application, 2017–2027(USD Billion)
38. Europe Drone Analytics Market, By Industry, 2017–2027(USD Billion)
39. Europe Drone Analytics Market, By Type, 2017–2027(USD Billion)
40. Germany Drone Analytics Market, By Application, 2017–2027(USD Billion)
41. Germany Drone Analytics Market, By Industry, 2017–2027(USD Billion)
42. Germany Drone Analytics Market, By Type, 2017–2027(USD Billion)
43. France Drone Analytics Market, By Application, 2017–2027(USD Billion)
44. France Drone Analytics Market, By Industry, 2017–2027(USD Billion)
45. France Drone Analytics Market, By Type, 2017–2027(USD Billion)
46. U.K. Drone Analytics Market, By Application, 2017–2027(USD Billion)
47. U.K. Drone Analytics Market, By Industry, 2017–2027(USD Billion)
48. U.K. Drone Analytics Market, By Type, 2017–2027(USD Billion)
49. Italy Drone Analytics Market, By Application, 2017–2027(USD Billion)
50. Italy Drone Analytics Market, By Industry, 2017–2027(USD Billion)
51. Italy Drone Analytics Market, By Type, 2017–2027(USD Billion)
52. Spain Drone Analytics Market, By Application, 2017–2027(USD Billion)
53. Spain Drone Analytics Market, By Industry, 2017–2027(USD Billion)
54. Spain Drone Analytics Market, By Type, 2017–2027(USD Billion)
55. Asia Pacific Drone Analytics Market, By Application, 2017–2027(USD Billion)
56. Asia Pacific Drone Analytics Market, By Industry, 2017–2027(USD Billion)
57. Asia Pacific Drone Analytics Market, By Type, 2017–2027(USD Billion)
58. Japan Drone Analytics Market, By Application, 2017–2027(USD Billion)
59. Japan Drone Analytics Market, By Industry, 2017–2027(USD Billion)
60. Japan Drone Analytics Market, By Type, 2017–2027(USD Billion)
61. China Drone Analytics Market, By Application, 2017–2027(USD Billion)
62. China Drone Analytics Market, By Industry, 2017–2027(USD Billion)
63. China Drone Analytics Market, By Type, 2017–2027(USD Billion)
64. India Drone Analytics Market, By Application, 2017–2027(USD Billion)
65. India Drone Analytics Market, By Industry, 2017–2027(USD Billion)
66. India Drone Analytics Market, By Type, 2017–2027(USD Billion)
67. South America Drone Analytics Market, By Application, 2017–2027(USD Billion)
68. South America Drone Analytics Market, By Industry, 2017–2027(USD Billion)
69. South America Drone Analytics Market, By Type, 2017–2027(USD Billion)
70. Brazil Drone Analytics Market, By Application, 2017–2027(USD Billion)
71. Brazil Drone Analytics Market, By Industry, 2017–2027(USD Billion)
72. Brazil Drone Analytics Market, By Type, 2017–2027(USD Billion)
73. Middle East and Africa Drone Analytics Market, By Application, 2017–2027(USD Billion)
74. Middle East and Africa Drone Analytics Market, By Industry, 2017–2027(USD Billion)
75. Middle East Drone Analytics Market, By Type, 2017–2027(USD Billion)
76. UAE Drone Analytics Market, By Application, 2017–2027(USD Billion)
77. UAE Drone Analytics Market, By Industry, 2017–2027(USD Billion)
78. UAE Drone Analytics Market, By Type, 2017–2027(USD Billion)
79. South Africa Drone Analytics Market, By Application, 2017–2027(USD Billion)
80. South Africa Drone Analytics Market, By Industry, 2017–2027(USD Billion)
81. South Africa Drone Analytics Market, By Type, 2017–2027(USD Billion)
List of Figures
1. Global Drone Analytics Market Segmentation
2. Drone Analytics Market: Research Methodology
3. Market Size Estimation Methodology: Bottom-Up Approach
4. Market Size Estimation Methodology: Top-Down Approach
5. Data Triangulation
6. Porter’s Five Forces Analysis
7. Value Chain Analysis
8. Global Drone Analytics Market Attractiveness Analysis By Application
9. Global Drone Analytics Market Attractiveness Analysis By Industry
10. Global Drone Analytics Market Attractiveness Analysis By Type
11. Global Drone Analytics Market Attractiveness Analysis By Region
12. Global Drone Analytics Market: Dynamics
13. Global Drone Analytics Market Share By Application(2019 & 2027)
14. Global Drone Analytics Market Share By Industry(2019 & 2027)
15. Global Drone Analytics Market Share By Type(2019 & 2027)
16. Global Drone Analytics Market Share by Regions (2019 & 2027)
17. Global Drone Analytics Market Share by Company (2019)
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