DUBLIN--(BUSINESS WIRE)--The "Drone Analytics Market by Industry (Agriculture & Forestry, Construction, Insurance, Mining & Quarrying, Utility, Telecommunication, Oil & Gas, Transportation, Scientific Research), Application, Type, Solution, and Region - Global Forecast to 2022" report has been added to ResearchAndMarkets.com's offering.
The drone analytics market is projected to grow from USD 1.57 billion in 2017 to USD 5.41 billion by 2022, at a CAGR of 28.11% from 2017 to 2022.
Drone analytics can be defined as the process of analyzing data received from different types of drones to find meaningful patterns, which can guide business decisions. The increasing demand for sophisticated industry-specific analytical solutions that can help obtain actionable insights from the data captured by drones is expected to fuel the drone analytics market. However, the affordability of drone data collection and cybersecurity concerns may act as a challenge for the market growth.
Based on application, the thermal detection segment is estimated to lead the drone analytics market in 2017. This can be attributed to the increasing demand for analytical solutions for thermal detection from industries, such as oil & gas, construction, agriculture, mining & quarrying.
Based on industry, the agriculture & forestry segment is estimated to lead the drone analytics market in 2017. This can be attributed to the growing need for analytical solutions in the agriculture sector for various applications.
Based on type, the on-demand segment is estimated to lead the drone analytics market in 2017. The increasing demand from various industries, such as agriculture, construction, and mining for cloud-based drone analytics solutions is driving the on-demand segment.
The North America region is estimated to lead the drone analytics market in 2017. Countries in this region include the US and Canada. The demand for analytical solutions by various industries and increasing funding in drone analytics companies are expected to fuel the growth of the drone analytics market.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Drone Analytics Market, By Industry
8 Drone Analytics Market, By Application
9 Drone Analytics Market, By Type
10 Drone Analytics Market, By Solution
11 Regional Analysis
12 Competitive Landscape
13 Company Profiles
- Delta Drone
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