Drone Analytics Market Worth 5.41 Billion USD by 2022
The report "Drone Analytics Market by Industry (Agriculture & Forestry, Construction, Insurance, Mining & Quarrying, Utility, Telecommunication, Oil & Gas, Transportation, Scientific Research), Application, Type, Solution, and Region - Global Forecast to 2022", published by MarketsandMarkets™, the market is estimated to be USD 1.57 Billion in 2017 and is projected to reach USD 5.41 Billion by 2022, at a CAGR of 28.11% from 2017 to 2022. The increasing demand for drone analytics for use in the commercial application to derive data-driven actionable insights is expected to drive the market for drone analytics. The rising use of drone analytics in industries, such as agriculture, mining & quarrying, construction and insurance is further expected to drive the drone analytics market.
(Logo: http://photos.prnewswire.com/prnh/20160303/792302 )
Browse 82 market data Tables and 35 Figures spread through 149 Pages and in-depth TOC on "Drone Analytics Market - Global Forecast to 2022"
https://www.marketsandmarkets.com/Market-Reports/drone-analytics-market-237350517.html
Early buyers will receive 10% customization on this report
The construction industry segment is projected to grow at the highest CAGR during the forecast period.
Based on industry, the construction segment of the drone analytics market is projected to grow at the highest CAGR from 2017 to 2022. The rising use of drone analytics to track the progress of construction activities is expected to fuel the growth of the drone analytics market. The construction industry uses drones to carry out inspection, aerial monitoring, etc., and provide actionable insights.
The 3D modelling segment is projected to grow at the highest CAGR during the forecast period.
Based on application, the 3D modelling segment of the drone analytics market is projected to witness the highest growth during the forecast period. 3D modeling used in the construction and mining & quarrying industries can help companies operating in these industries to optimize their workflow using drone analytics.
Ask for PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=237350517
Asia Pacific is projected to be the fastest-growing market for drone analytics during the forecast period.
The drone analytics market in the Asia Pacific region is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the high demand for drone analytics solutions from countries such as China, India, and Japan. The commercial sector in these countries is growing at a high rate. Drones are being used for inspection, monitoring, and surveying applications in the region.
Major players operating in the drone analytics market include Airware (US), DroneDeploy (US), Delta Drone (France), Pix4D (Switzerland), PrecisionHawk (US), AeroVironment (US), VIATechnik (US), Esri (US), and Kespy (US).
Know more about the Drone Analytics Market:
https://www.marketsandmarkets.com/Market-Reports/drone-analytics-market-237350517.html
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Salgarkar
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Visit Our Blog@ http://mnmblog.org/market-research/aerospace-defence
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets
Share this article