Drone-Powered Business Solutions Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Drone-Powered Business Solutions Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

The global drone-powered business solutions market size reached US$ 1,453.3 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 12,087.4 Million by 2027, exhibiting a growth rate (CAGR) of 42.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Drones are aircraft without crew, human pilots, or passengers. They fly remotely in set routes according to commands transmitted by onboard computers or the user. They are widely used in business settings that require both high-quality data and mobility, ranging from broad capital projects to infrastructure maintenance. They also support strategic advisory for start-up companies and government authorities and image data processing and analytics delivering technical products and reports. Nowadays, numerous companies are developing apps that integrate, manage, and provide data collected by drone-powered business solutions in a convenient, easy-to-use web browser interface. This data assists in measuring and analyzing geospatial data.

Drone-Powered Business Solutions Market Trends:
Drone-powered business solutions can address issues faced by different organizations in managing their assets dispersed over large areas. This represents one of the significant factors stimulating the market growth. Besides this, they are employed in the agriculture sector to compile plant count and calculate fair crop loss percentage. They are also used for crop supervision and maintenance during precision farming. Additionally, as governing authorities of several countries are focusing on enabling Beyond Visual Line of Sight (BVLOS) and automated flights, the sales of drone-powered business solutions are increasing worldwide. They also aid in three-dimensional (3D) video mapping, land audit, and town planning. Apart from this, travel restrictions due to the coronavirus disease (COVID-19) outbreak are propelling the need for these business solutions to support transactions with remote asset insights. The incorporation of cloud computing, data analytics, and artificial intelligence (AI) is also offering lucrative opportunities for key market players. These players are currently focusing on innovating these solutions to expand their utilization in delivering medical supplies.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global drone-powered business solutions market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, solution, application and end use.

Breakup by Type:

Multi-Rotor
Fixed-Wing
Others

Breakup by Solution:

Services
Software

Breakup by Application:

Filming and Photography
Mapping and Surveying
Data Acquisition and Analytics
Surveillance and SAR
3D Modeling
Delivery Service
Others

Breakup by End Use:

Real Estate and Construction
Media and Entertainment
Energy
Agriculture
Security and Law Enforcement
Logistics and Transportation
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3D Robotics Inc., Cyberhawk Innovations Ltd., Delair, DroneDeploy, Eagle Eye Drone Service LLC, FlyWorx LLC, Phoenix Drone Services LLC, Pix4D SA (Parrot SA), PrecisionHawk and Skylark Drones.

Key Questions Answered in This Report:
How has the global drone-powered business solutions market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global drone-powered business solutions market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the solution?
What is the breakup of the market based on the application?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global drone-powered business solutions market and who are the key players?
What is the degree of competition in the industry?