Asian Surveying & Mapping
Breaking News
South Korea partially suspends inter-Korean agreement over North’s spy satellite
SEOUL, South Korea -- South Korea said North Korea fired...
Chinese software firm inks deal with Kenya to boost geospatial technology cooperation
Chinese technology firm, Supermap International, signed an agreement with...
Survey of India, Genesys International Sign MoU to Develop ‘Digital Twins’ Of Indian Cities
Genesys International, India’s home-grown geospatial mapping company and Survey...
UAE Space Agency leads first Space Pavilion participation at COP28
DUBAI - The UAE Space Agency is leading the...
ISRO, NASA likely to launch remote sensing satellite in 1st half of ’24
NEW DELHI: If everything goes as per plan, India...
IBM Advances Geospatial AI to Address Climate Challenges
YORKTOWN HEIGHTS, N.Y.- IBM (NYSE: IBM) today announced new...
Australia Greenlights Game-Changing Era: Commercial Drones with ParaZero Safety Systems to Fly
ParaZero is thrilled to be at the forefront of...
Asia’s top satellite operator aims to launch solar energy forecast system in Europe
Japan’s satellite titan SKY Perfect JSAT aims to expand...
Japan to set up $6.7bn JAXA fund to develop space industry
TOKYO -- Japan's cabinet on Monday approved a bill...
China launches a satellite to compete with Elon Musk’s Starlink
This was stated by Business Insider, citing a report...

April 16th, 2019
The drone services market size is expected to grow from USD 4.4 billion in 2018 to USD 63.6 billion by 2025, at a CAGR of 55.9%

The drone services market size is expected to grow from USD 4.4 billion in 2018 to USD 63.6 billion by 2025, at a CAGR of 55.9% during the forecast period. The market for drone services is driven by numerous factors, such as the increasing use of drone services for industry-specific solutions, improvised regulatory framework, and increased requirement for qualitative data in various industries. Safety concerns and lack of skilled and trained operators are limiting the overall growth of the market.

The enterprise segment is estimated to lead the drone services market in 2019.
Based on solution, the enterprise segment is estimated to account for the largest share of the drone services market in 2019.Enterprise solutions cater demand from different end-use industries.

These solutions provide end-to-end services for different applications. Increasing demand for analytical services and software solutions in the drone services market is driving the enterprise solution segment.

The aerial photography and remote sensing segment is estimated to account for the largest share of the drone services market in 2019.
Based on application, the aerial photography and remote sensing segment is estimated to account for the largest share of the drone services market in 2019.There has been an increase in the demand for aerial photography from the infrastructure, architecture, civil engineering, and oil & gas industries around the world.

Digitalization in the construction and infrastructure industries will require drone services to collect digital data for assets management. Increasing aerial photography applications coupled with increasing demand for data collection of different projects are likely to drive the demand for drone services.

North America is estimated to account for the largest share of the drone services market in 2019.
North America is estimated to account for the largest share of the drone services market in 2019.In recent years, the rules regarding flying drones in the US have been liberal, paving the way for thousands of businesses or drone services to fly legally in the country’s airspace.

This has increased the demand for drone services in the region.

Break-up of profiles of primary participants in the drone services market
• By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation: C-Level Executives – 35%, Directors – 25%, and Others – 40%
• By Region: North America – 45%, Europe – 20%, Asia Pacific – 30%, Rest of the World 5%

Key players in the drone services market are Aerobo (US), Airware (US), Cyberhawk (UK), Deveron UAS (Canada), DroneDeploy (US), Identified Technologies (US), Measure (US), Phoenix Drone Services (US), Prioria Robotics (US), SenseFly (Switzerland), Sharper Shape (US), Sky-Futures (UK), Terra Drone (Japan), The Sky Guys (Canada), and Unmanned Experts (US), among others. These companies provide drone services solutions in various countries across North America, Europe, Asia Pacific, the Middle East, and Rest of the World.

Research Coverage:
The market study covers the drone services market across segments.It aims at estimating the market size and the growth potential of this market across different segments, such as industry, application, solution, type, and region.

The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Reasons to buy this report:
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall drone services market and its subsegments.This report covers the entire ecosystem of the drone services technology and land survey industry.

This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

Read the full report: https://www.reportlinker.com/p04603864/?utm_source=PRN

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need – instantly, in one place.