Drone-powered Business Solutions Market Size, Share & Trends Analysis Report By Type (Fixed Wing, Rotary Blade, Hybrid), By Application, By Region, And Segment Forecasts, 2024 - 2030

Drone-powered Business Solutions Market Size, Share & Trends Analysis Report By Type (Fixed Wing, Rotary Blade, Hybrid), By Application, By Region, And Segment Forecasts, 2024 - 2030

Drone-powered Business Solutions Market Growth & Trends

The global drone-powered business solutions market size is expected to reach USD 41.68 billion by 2030, registering a CAGR of 17.0% from 2024 to 2030, according to a new report by Grand View Research, Inc. Drones have now moved past the hobby realm and are increasingly being used for a wide range of applications. Businesses across the world are exploring new applications of drones in their day-to-day operations.

Real-world applications for Unmanned Aerial Vehicles (UAVs) are expanding faster than ever across a broad range of industries, mainly due to the relaxation of some stringent regulations governing their use and robust investments. Responding to the rapidly evolving drone technology, various companies across the world are now creating new business and operating models for drone-based services.

The integration of drones into day-to-day business is presumed to significantly benefit agriculture, mapping and surveying, infrastructure maintenance, inspection, security & surveillance, and large-scale capital projects. Mining and insurance are expected to leverage the potential expansion of integrating drones into their operations to drive process improvement by gaining easy accessibility to high-quality data.

Businesses across the world are seeking to purchase data and information services rather than investing directly in the equipment. Innovative companies are rapidly exploring the usage of drones in aerial firefighting and emergency situations as well as to aid in the design of infrastructure and residential/commercial complexes.

Drone-powered Business Solutions Market Report Highlights

• Rotary blade drones segment dominated the market and accounted for a share of 60.6% in 2023. These drones have rotary blades that rotate around the drone's central mast, pushing air downwards.
• The filming & photography segment accounted for the largest revenue share in 2023. Drones have completely changed the dynamic of cinematography in the film and television industry.
• North America drone-powered business solutions market dominated the global industry with a revenue share of 40.1% 2023. This is attributed to multiple aspects such as the growing use of drones and unmanned aerial vehicle (UAV) by numerous industries such as military & defence, mapping and survey, 3D modelling, and surveillance.

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