Feb 21, 2020 SOURCE: BusinessWire

Global Drone Analytics Market Analysis, Trends, and Forecasts 2020-2025 - ResearchAndMarkets.com

The "Drone Analytics - Market Analysis, Trends, and Forecasts" report has been added to ResearchAndMarkets.com's offering.

Drone Analytics market worldwide is projected to grow by US$8.6 Billion, driven by a compounded growth of 27.1%.

On-Demand, one of the segments analyzed and sized in this study, displays the potential to grow at over 29.3%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$4.3 Billion by the year 2025, On-Demand will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 30.3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$268 Million to the region's size and clout in the next 5 to 6 years. Over US$401.5 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, On-Demand will reach a market size of US$344.3 Million by the close of the analysis period. As the world's second largest economy and the new game changer in global markets, China exhibits the potential to grow at 25.8% over the next couple of years and add approximately US$1.4 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others,

AeroVironment, Inc.
Agribotix LLC
Airware
Delta Drone
DroneDeploy, Inc.
Esri
Huvrdata LLC
Kespry Inc.
Optelos
Pix4D S.A
Precisionhawk Inc.
Sentera, Inc.
Viatechnik, LLC.

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

An Introduction to Drones
Drone Analytics: A Prelude
Robust Growth Projected for Drone Analytics Market
US and Europe: Primary Revenue Contributors
Number of Drones (in 000s) in the US for the Years 2019 and 2025
Global Competitor Market Shares
Drone Analytics Competitor Market Share Scenario Worldwide (in %): 2019 & 2025

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Versatile and Multifaceted Functionality of Drones Creates Strong Business Case for Drone Analytics Market
Fast Evolving Role and Image of Drones in Commercial Applications Underpins Revenue Growth
Drone Analytics Comes to Fore to Optimize Operations in Mining and Quarrying Facilities
High Growth Opportunities for Drone Analytics in Agriculture Sector
Construction Industry Emerges as Niche Area for Drone Analytics
Drone Analytics Steps In to Resolve Critical Data Requirements of Oil & Gas Industry
Safety and Security Issues Associated with Drone Technology Curtail Wider Adoption of Drone Analytics

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES