Global Drone-powered Business Solutions Marketwas valued at USD xx Mn in 2019 and is expected to reach at USD xx Mn by 2027 at a CAGR of xx% over the forecast period 2020-2027.
 
 
Global Drone-powered Business Solutions Market
 
The report covers an in-depth analysis of COVID-19 pandemic impact on Global Drone-powered Business Solutions Market by region and on the key players revenue affected till July 2020 and expected short term and long-term impact on the market.
 
Global Drone-powered Business Solutions Market Dynamics:
 
The growing need for business solutions driven by Unmanned Aerial Vehicles (UAV) across specific verticals that require high-quality data coupled with mobility. UAV-enabled commercial solutions are capable of solving a long history of problems faced by different industries that control assets distributed across broad areas, such as rail, utilities, highways, and infrastructure. The proliferation of drone technology, which is expected to generate promising opportunities in several emerging nations and give rise to several new applications in the commercial sector, can be attributed to high market growth. In the forecast period, this is expected to encourage the growth of the global market for drone-powered business solutions. Another significant factor likely to drive the growth of the market in the near future is the rising demand for unmanned aerial vehicles from various industries around the globe. On the flip side, the rising need to fix many issues has led to a growing awareness among customers of the effect of this technology on various large-scale industries.
 
The proliferation of drone technology makes new markets possible and gives rise to new commercial applications. One of the most significant factors driving the demand for drone-powered business solutions is the growing need for quality data. Industries such as electricity, oil & gas and construction are increasingly embracing drone use as they provide high-quality photos that help businesses conduct quality inspection, tracking and infrastructure maintenance.
 
Global Drone-powered Business Solutions Market is segmented by Offering, by Type, industry vertical, and Application and by region. By Offering, Software is anticipated to account for a major share during the forecast period in 2019 and is expected to keep its dominance over the forecast period owing to the revision of drone service providers from companies offering a vertically integrated solution to companies supplying service providers with generic software solutions. By Type, multi-rotor held the highest market share in 2019 owing to the broadening demand across various broad varieties of non-military uses, including environmental inspection; sports coverage, aerial photography, and agriculture are being increasingly used. By industry vertical, media & entertainment segment held the highest market share in 2019 and is expected to keep its dominance over the forecast period. This is because of rising usage of high technology across movies, sports events to provide premium customer experience. By Application, filming & photography segment held the largest market share due to the use of a high definition camera is aerial filmmaking & photography. The emergence of Vertical Take-Off and Landing (VTOL) UAVs, which combine the features of both fixed-wing and multi-rotor drones, has led to major developments in UAV technology and aerodynamics.
 
By geography, global Drone-powered Business Solutions market is segmented into North America, APAC, Europe, ME & Africa, and South America. Among these, North America held the highest market share of xx% in 2019 and is expected to keep its dominance over the forecast period owing to the presence of major players such as Amina, Nakymatone, Sonance, and Stealth Acoustics in this region. The service in the market in APAC is forecasted to expand at a significant pace on account of the growing digitization across the enterprises and rapid adoption of IoT, cloud computing, artificial intelligence.
 
Report covers in-depth analysis of key development, marketing strategies, supply-side and demand side indicators and company profiles of market leaders, potential players, and new entrants. Key players operating in this market are adopting various organic and inorganic growth strategies such as merger & acquisitions, joint ventures, collaborations, expansion, new product launches and patents to increase their regional presence and business operations.
 
The objective of the report is to present a comprehensive analysis of the Global Drone-powered Business Solutions Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Drone-powered Business Solutions Market dynamics, structure by analyzing the market segments and project Global Drone-powered Business Solutions Market Clear representation of competitive analysis of key players by price, financial position, Product portfolio, growth strategies, and regional presence in the Global Drone-powered Business Solutions Market the report investor’s guide.
 
 
Scope of Global Drone-powered Business Solutions Market
 
Global Drone-powered Business Solutions Market Segmentation by Offering
 
• Software
• Services
Global Drone-powered Business Solutions Market Segmentation by Type
 
• Multi-Rotor
• Fixed-Wing
Global Drone-powered Business Solutions Market Segmentation by Industry Vertical
 
• Construction
• Agriculture
• Media & Entertainment
• Travel & Hospitality
• Manufacturing
• Gaming
• Real Estate
• Transportation
• Government & Defence
• Others
Global Drone-powered Business Solutions Market Segmentation by Application
 
• Filming & Photography
• Mapping & Surveying
• Data Acquisition & Analytics
• Surveillance & SAR
• 3D Modeling
• Delivery Service
• Others
Global Drone-powered Business Solutions Market Segmentation by Region
 
• North America
• APAC
• Europe
• ME & Africa
• South Africa
Global Drone-powered Business Solutions Market Major Players
 
• Sky-Futures Ltd.
• Sharper Shape Inc.
• senseFly Ltd. (Parrot SA)
• PrecisionHawk
• Pix4D
• Phoenix Drone Services LLC
• Lyft Aerial
• FlyWorx
• PwC
• Eagle-Eye Drone Service
• DroneDeploy (Infatics, Inc.)
• Drone Services Company
• Cyberhawk Innovations Ltd.
• Airware, Inc.
• Aerobo
• 3D Robotics, Inc. (3DR)
 
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