Global Drone-Powered Business Solutions Market Trends, Applications, Analysis, Growth, and Forecast to 2027

MarketResearch.biz, in its upcoming report titled, “Global Drone-Powered Business Solutions Market Trends, Applications, Analysis, Growth, and Forecast to 2027”, offers in-depth insights, revenue details, and other vital information regarding the global drone-powered business solutions market and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report also offers insightful and detailed information regarding the various key players operating in the global drone-powered business solutions market, and their financials, apart from strategies, acquisitions & mergers, and market footprint. The global market report has been segmented on the basis of solution type, drone type, application, and region. The global drone-powered business solutions market was valued at US$ XX.X billion in 2016, and is expected to reach US$ XX.X billion over the forecast period at a high double-digit CAGR of XX.X%.

Drones are unmanned aerial vehicles (UAV) that are used for aerial surveys and inspection by collecting high quality digital data combined with power of robotics. Drones can fly independently with help of software controlled flight planes that are embedded in their system or can be remotely controlled. Drones are normally used in military and defense, surveillance, 3D modelling, media and entertainment etc.

Drone-powered business solutions are going to be next big thing and is expected to witness an exponential growth during the forecast period. Mining sector is opting for drone powered solutions into their operations as it provides easy and safe access of high quality data as compared to humans. Also, several businesses across the globe are creating new operating models for drone based services owing to rapid developments in drone technology. In addition, the agriculture sector is being benefited by use of photogrammetry data for understanding topography and vegetation development is further driving demand for drone-powered business solution market globally. Furthermore, integration drone application in day-to-day business for traffic surveillance, infrastructure maintenance, inspection and tracking, security etc. are also to boost demand for the global drone-powered business solutions market.

A major factor hampering growth of the global drone-powered business solution market is its high cost involved in maintenance and complexities in drone repairing. Moreover, lack of qualified personnel’s and short battery life of drone is limiting the use and further slowing down the market growth. Home delivery via drone will open opportunities for this market over the forecast period.

North America is expected to account for largest share in terms of revenue owing to early adoption of this technology a presence of major vendors in this region. The market in Europe is expected to witness significant growth in terms of revenue generation during the forecast period. The market in Asia Pacific is expected to register a CAGR of XX.X% during the forecast period.

Market Segmentation:

Global drone-powered business solution market segmentation by solution type:

• Services
• Software

Global drone-powered business solution market segmentation by drone type:

• Multi-rotor
• Fixed-wing

Global drone-powered business solution market segmentation by application:

• Filming & photography
• Mapping & surveying
• Data acquisition & analytics
• Surveillance and monitoring
• 3D modeling
• Delivery service

Global drone-powered business solution market segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa