Drone Data Service Market Expected To Reflect A Significant CAGR Of 57.3% From 2017 To 2025: Grand View Research Inc.

Drone Data Service Market Expected To Reflect A Significant CAGR Of 57.3% From 2017 To 2025: Grand View Research Inc.

“Grand View Research, Inc. – Market Research And Consulting.”
According to report published by Grand View Research, Drone Data Service Market growth can be attributed to the growing usage of information acquired by drones in operational and big data analytics. The increasing need for UAV imagery analysis is presumed to impact the global drone imagery processing software industry positively and add a new horizon in imagery storage technologies.

According to a report,“Drone Data Services Market Analysis By Service Type (Mapping & Surveying, Photogrammetry, 3D Modeling), By Platform (Cloud-Based, Operator Software), By End-use, And Segment Forecasts, 2018 – 2025”, published by Grand View Research, Inc., the global drone data service market is expected to reach USD 8.15 billion by 2025. The growth can be attributed to the growing usage of information acquired by drones in operational and big data analytics. The increasing need for UAV imagery analysis is presumed to impact the global drone imagery processing software industry positively and add a new horizon in imagery storage technologies.

Key Takeaways from the report:

  • The industry requires significant improvements in various processes, such as increased fusion of data, compression, encryption, and on-board processing, as the software to perform analytics directly from imagery is still in the research phase

  • Big data generated by drones is of vital importance in various sectors, including monitoring construction activities, ortho-rectification, and creation of Digital Surface Models (DSMs) and Digital Terrain Models (DTMs).

  • North America is presumed to emerge as the dominant region while Asia Pacific is expected to witness unprecedented growth over the forecast period.

  • Over the next three years, agricultural firms and construction companies are expected to harness the capabilities of aerial surveillance through drones on a large scale as these industries have not yet explored the benefits of imagery optimally

  • Drone imagery service providers across the globe are expected to transform themselves from being straight up services companies to holistic data analytics companies.

Germany drone data services market, by type, 2014 – 2025 (USD Million)

Germany drone data services market, by type, 2014 - 2025 (USD Million)

Browse More Reports in Next Generation Technologies Industry:

  • Smart Retail MarketGrowing incorporation of technologies such as augmented reality, virtual reality, artificial intelligence, and IoT to improve store operations, facilitate accurate inventory management, and enhance consumer’s shopping experience is one of the key trends escalating market growth.
  • Supply Chain Analytics MarketGrowing awareness of various benefits, such as forecasting accuracy and meaningful synthesis of business data, offered by supply chain analytics solutions are augmenting the Supply Chain Analytics market.

Global drone data services market, by platform, 2016 (%)

Global drone data services market, by platform, 2016 (%)

The increasing adoption of drones in commercial sectors is leading to a revolution in big data cloud services. Launching a drone to capture images is the preliminary step in the drone information acquisition process. The captured images then require correction, calibration, processing, storage, and efficient evaluation.

The increasing need to evaluate imagery is a key factor driving the adoption of drone imagery software and cloud-based applications, which possess the ability to upload, share, store, and process aerial images. Moreover, there has been a steep increase in the use of cloud-based in-memory computing platform amongst businesses as it accelerates analytics, processes, and predictive capabilities.

By gathering information on a larger scale, service providers can now process unprecedented levels of detailed information and turn it into actionable information. UAV companies, such as PrecisionHawk, are transforming their business processes to enhance their focus on drone data processing rather than UAV manufacturing.

Grand View Research has segmented the global drone data service market on the basis of service type, platform, end-use, and region:

Service Type Outlook (Revenue, USD Million; 2014-2025)

  • Mapping & Surveying

  • Photogrammetry

  • 3D Modeling & Digital Elevation Model (DEM)

  • Others

Platform Outlook (Revenue, USD Million; 2014-2025)

  • Cloud-Based

  • Operator Software

End-use Outlook (Revenue, USD Million; 2014-2025)

  • Real Estate & Construction

  • Agriculture

  • Mining

  • Others

Regional Outlook (Revenue, USD Million; 2014-2025)

  • North America

    • U.S.

    • Canada

  • Europe

    • Germany

    • UK

  • Asia Pacific

    • China

    • Japan

  • Latin America

  • Middle East & Africa 

Explore the BI enabled intuitive market research database, Navigate with Grand View Compass, by Grand View Research, Inc.

About Grand View Research

Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.

For more information: www.grandviewresearch.com

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1-415-349-0058, Toll Free: 1-888-202-9519
Address:201, Spear Street, 1100
City: San Francisco
State: California
Country: Switzerland
Website: www.grandviewresearch.com/industry-analysis/drone-data-services-market