Global Drone Data Services Market 2024-2031

Global Drone Data Services Market 2024-2031

Global Drone Data Services Market Size, Share & Trends Analysis Report by Service Type (Mapping & Surveying, Photogrammetry and 3D Modeling & Digital Elevation Model (DEM)), by Platform (Cloud-Based and Operator Software), and by Application (Inspection & Monitoring, Mapping & Surveying , Spraying & Seeding, Filming & Photographyand Others), Forecast Period (2024-2031)

The global drone data services market is anticipated to grow at a CAGR of 11.7% during the forecast period (2024-2031). The growing adoption of 3D models, digital elevation models (DEMs), and orthomosaic maps with increasing application for civil engineering, construction, and mapping & surveying is the key factor supporting the growth of the market globally. Drone mapping software as cloud-based programs that assist both novice and expert users in the analysis of drone images. The market players are also focusing on introducing image quality and optimal productivity drone data services solutions that further bolster the market growth. For instance, in September 2023, Phase One and Boston partnered for a strong Drone Imaging collaboration in the Nordics. The strategic alliance seeks to enhance the Nordic market’s access to drone payload solutions, empowering customers with unparalleled image quality, optimal productivity, and seamless data acquisition without any compromises.

Segmental Outlook

The global drone data services market is segmented on the service type, platform, and application. Based on the service type, the market is sub-segmented into mapping & surveying, photogrammetry and 3D modeling & digital elevation model (DEM). Based on the platform, the market is sub-segmented into cloud-based and operator software. Further, on the basis of application, the market is sub-segmented into inspection & monitoring, mapping & surveying, spraying & seeding, filming & photography and others (transport & delivery,security, search & rescue). Among the service type, the mapping & surveying sub-segment is anticipated to hold a considerable share of the market owing to the rise in demand for accurate site measurements at every stage of a project, including pre-bid and project takeoff.

The Operator Software Sub-Segment is Anticipated to Hold a Considerable Share of the Global Drone Data Services Market

Among the platforms, the operator software sub-segment is expected to hold a considerable share of the global drone data services market. The segmental growth is attributed to the increasing adoption of operator software for efficiently collect, organize, and analyze the vast amounts of data captured by drones, allowing them to derive actionable insights and make informed decisions. Next-generation flight control system featuring advanced software, sensors, powerful processing upgrades, hardware, and innovative control algorithms for getting a massive boost and progressing capacity of drones. For instance, in January 2024, UAVOS Inc. introduced its new AI Software for advanced multi-object gathering and processing data, and its ongoing developments in drone-based services. High-end technology has been used by UAVOS to collect and analyze data autonomously, enabling processing on big data platforms.

Regional Outlook

The global drone data services market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America. Among these, Asia-Pacific is anticipated to hold a prominent share of the market across the globe, owing to the growing drone-data-based analytical services in agriculture, construction, mining, oil and gas and fuels.

The Asia-Pacific Region is Expected to Grow at a Significant CAGR in the Global Drone Data Services Market

Among all regions, the North America regions is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to increasing adoption of drone data services in civil aerospace and the growing need for commercial drone use. The demand for real-time, high-quality data is rising in the economic sectors, especially in the US. The increasing government initiative accelerates the growth of the advanced aerial mobility sector. For instance, in October 2023, Michigan Central and the Michigan Department of Transportation (MDOT) launched Detroit’s Advanced Aerial Innovation Region, an initiative that position the state in next-generation aerial mobility and drone technology by attracting startups, catalyzing new data and service high-skill jobs, advancing policy, and driving commercialization and adoption of drone technology.

Market Players Outlook

The major companies serving the drone data services market include Guangzhou EHang Intelligent Technology Co. Ltd., ideaForge Technology Ltd., Parrot Drone SAS, PrecisionHawk, Inc., Terra Drone Corp., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in November 2022, Strayos partnered with Delta Drone to Expand Reach Into Australia and Africa. In Australia and Africa, Delta Drone offers drone data and site digitization services. Drone data and AI integration improve digitalization services, workflows, and solutions. It also speeds up the availability of insights, enabling mining engineers and supervisors to make more accurate decisions.

The Report Covers

Market value data analysis of 2023 and forecast to 2031.

Annualized market revenues ($ million) for each market segment.

Country-wise analysis of major geographical regions.

Key companies operating in the global drone data services market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.

Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.

Analysis of market-entry and market expansion strategies.

Competitive strategies by identifying ‘who-stands-where’ in the market.