“Drone Analytics market to demonstrate promising growth over the forecast period”, says Visiongain

23 October 2019
Aviation

Visiongain has launched a new Aerospace report Drone Analytics Market Report 2019-2029 Forecasts by Industry (Agriculture & Forestry, Construction, Insurance, Mining & Quarrying, Utility, Telecommunication, Oil & Gas, Transportation, and Scientific Research), Application (Thermal Detection, Geolocation Tagging, Aerial Monitoring, Ground Exploration, Volumetric Calculations, 3D Modeling,

and Others), Type (On-Premise, On-Demand) PLUS Profiles of Leading Companies and Regional and Leading National Market Analysis. 

 

Drones also are known as unmanned aerial vehicles are primarily used for aerial surveillance and inspection applications. They are readily finding use across industry verticals including agriculture, food & beverage, healthcare, financial, military & defence and public service among others. Drone analytics covers software, applications, platform and hardware systems used for gathering information to drive critical decision making. For instance, agriculture application of drone includes analysis of land, planting and fields. Financial companies use drone to gather critical information, collect damage inspection and infrastructure inspection which helps companies to determine responsibly cause and liability of the case.

 

Further, advancements in technology, there has been an increase in the number of applications using drone analytics software. Walmart is using computer vision-enabled drone monitoring warehouse inventory to arrange warehouse aisle and using specialized software technology to recognize low stock or misplaced items.  

The construction sector is accounted for the largest market share in the use of drone analytics technology followed by agriculture and therefore presents significant revenue opportunity in the global drone analytics market.

 

Some of the players operating in the market include Airware, Agribotix, Aerovironment, Dronedeploy, Delta Drone, ESRI, Precisionhawk, Viatechnik, Pix4d

Kespry. Optelos,  Huvrdata, and Sentera. These major companies are increasingly focusing on research and development activities so as to gain competitive advantage. The players are also taking various strategic initiatives such as mergers, acquisitions, and partnerships so as to increase their presence in the global market.

 

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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