Growing Adoption of Drone Analytics to Drive Global Market

Published: Apr 2024

The global drone analytics market is anticipated to grow at a CAGR of 28.7% during the forecast period (2024-2031).Drone Analytics improves risk management through better data collection, analysis, and actionable insights. It helps in lowering operational costs through improved efficiency and effectiveness to improve customer experience. A number of governments have authorized BVLOS operations for drones in the commercial sector. They have granted permission to drone analytics businesses authorization to engage in certain commercial operations. Drones is being adopted by a wide range of businesses and institutions, including the military, the government, the commercial sector, and leisure users. Nowadays, commercial drones are having a significant impact on applications that utilize their capacity to quickly and affordably collect localized visual data. Infrastructure, building, inventory management, and agriculture are a few of these sectors. Farmers may get real-time information on vast areas of land by using drone analytics. Drones for agriculture and the software required to evaluate the raw data are being extensively invested in by a number of recent start-ups and established companies in the field.

Browse the full report description of “Drone Analytics Market Size, Share & Trends Analysis Report by Application (Thermal Detection, Geolocation Tagging, Aerial Monitoring, Ground exploration, Volumetric Calculation and 3D modeling) and by End-User Industry (Construction, Agriculture, Energy, Law Enforcement, Other Industries) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/drone-analytics-market

In January 2022, Percepto, announced that the FAA approved Beyond Visual Line of Sight (BVLOS) operations for Delek US Holdings refineries in Tyler, Texas and El Dorado, Arkansas. Percepto drones inspect its facilities and provide visual data management and analysis. Delek refineries is the first to receive such an approval, and one of the first among US energy companies as well. The BVLOS approval enabled Delek to operate its drones without a pilot to maintain line of sight. An operator located in the control room can easily monitor and manage pre-scheduled fully autonomous drone missions.

In September 2022, some cities in Japan are using PIX4Dfields drones to assist in field leveling to improve crop yields. They use DJI Phantom 4 Multispectral to gather data of the field. The sensors detect details about a plant and analyze the crop's overall health.

Market Coverage

The market number available for – 2023-2031

Base year- 2023

Forecast period- 2024-2031

Segment Covered- 

o By Application

o By End-User Industry

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- The major companies in the global Drone Analytics market include AeroVironment Inc., Kespry Inc., DroneDeploy Inc., PrecisionHawk Inc. and Pix4D SA among others.

Key questions addressed by the report.

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Drone Analytics Market Report Segment

By Application

  • Thermal Detection
  • Geolocation Tagging
  • Aerial Monitoring
  • Ground exploration
  • Volumetric Calculation
  • 3D modeling

By End-User Industry

  • Construction
  • Agriculture
  • Energy
  • Law Enforcement
  • Other Industries (Telecommunication, Urban Planning)

Global Drone Analytics Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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