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Drone Analytics Market by Industry, Application, Type, Solution And Region - Global Forecast to 2022

Drone Analytics Market: Global Forecast until 2022

  • March 2018
  • 151 pages
  • ID: 5365434
In this report:
The on-demand type segment of the drone analytics market is projected to grow from USD ##,##.## million in 2017 to USD ##,##.## million by 2022, at a CAGR of ##.##% during the forecast period.
Phase ## is expected to consider drones up to ## kilograms, phase ## up to ## kilograms and Beyond Line of Sight (BLOS), phase ## up to ## kilograms, and phase ## beyond ## kilograms.

Summary

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The drone analytics market is estimated to rise at a compound annual growth rate of ~28.1 percent during the forecast period.

The drone analytics market is forecasted to grow from ~$1.6B in 2017 to ~$5.4B by 2022, at a compound annual growth rate of ~28.1 percent between 2017 and 2022. Drone analytics can be defined as the process of analyzing data received from distinct types of drones to find meaningful patterns, which can guide business decisions.

The growing demand for sophisticated industry-specific analytical solutions that can help obtain actionable insights from the information captured by drones is anticipated to fuel the drone analytics market. Nevertheless, the affordability of drone data collection and cybersecurity concerns may act as a challenge for the market increase.

Established on application, the thermal detection segment is estimated to result the drone analytics market in 2017.

Established on application, the thermal detection segment is estimated to result the drone analytics market in 2017. This can be accredited to the growing demand for analytical solutions for thermal detection from sectors, including oil & gas, construction, agriculture, mining & quarrying.

Established on market, the agriculture & forestry segment is anticipated to lead the drone analytics market in 2017.

Established on sector, the agriculture & forestry segment is estimated to result the drone analytics market in 2017. This can be connected to the increasing need for analytical solutions in the agriculture market for different applications.

Established on category, the on-demand segment is estimated to result the drone analytics market in 2017.

Established on category, the on-demand segment is estimated to result the drone analytics market in 2017. The growing demand from different industries, including agriculture, construction, and mining for cloud-based drone analytics solutions is driving the on-demand segment.

North America continent is anticipated to lead the drone analytics market in 2017.

The North America area is estimated to result the drone analytics market in 2017.Regions in this area contain the USA and Canada (CA).

The industry demand for analytical solutions by different industries and rising funding in drone analytics firms are anticipated to fuel the rise of the drone analytics market.

• By Company category: Tier 1 - 35.0 percent, Tier 2 - 45.0 percent, Tier 3 - 20.0 percent

• By Description: C-suite - 35.0 percent, D-level - 25.0 percent, Others - 40.0 percent

• By Area: North America (NA) - 40.0 percent, Europe (EU) - 20.0 percent, APAC - 10.0 percent, RoW - 30.0 percent

Top players in the drone analytics market contain BAE Systels (BAESF), Harris, Raytheon, Northrop Grumman, Lockheed Martin Corporation (NYSE:LMT), and Boeing.

Segment Research

The study segments the drone analytics market established on application (thermal detection, geolocation tagging, aerial monitoring, ground exploration, volumetric calculations, 3d modelling, and others), market (agriculture & forestry, construction, insurance, mining & quarrying, utility, telecommunication, oil & gas, transportation, scientific research, others), category (on-premises and on-demand), and solution (end to end solutions and point solutions), and maps these segments and sub-segments across main regions, that is, North America continent, EU, Asia-Pac, the Middle East area, and Rest of the globe. The analysis offers detailed market intelligence about the market opportunities and top factors that influence the increase of the drone analytics market (drivers, alternatives, and market-specific challenges), together with an study of micromarkets with respect to individual developments trends, prospects, and their contribution to the drone analytics market.

Why acquiring this study can help you:

From an insight prospect, the drone analytics market report highlights on several levels of analyses - industry study, market share research of top players, and company descriptions, which together comprise and examine basic views on the competitive landscape, high-growth areas, and territories, and their specific regulatory policies, drivers, market restraints, and possibilities.

The drone analytics market report offers business insights on these pointers:

• business entry: Exhaustive information concerning the competitive landscape in the drone analytics market

• Market Sizing: Market value in the financial year 2015-2016 and projection of the market size between 2017 and 2022

• Product Development/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the drone analytics market

• Market Overview: Market forces and subsequent analyses of associated trends, drivers, and alternatives prevailing in the drone analytics market

• Market Development: Highlighted information about lucrative industries by analyzing sectors for drone analytics solutions across several areas

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the drone analytics market

• Regional Review: Factors influencing market shares of North America, Europe (EU), Asia Pacific (APAC), the Middle East (ME), and Rest of the globe

• opposing assessment: Detailed assessment of strategies, products, and manufacturing capabilities of leading market actors

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