According to a new report, published by KBV research, The Global Drone Data Services Market size is expected to reach $13.3 billion by 2030, rising at a market growth of 38.9% CAGR during the forecast period.
The Photogrammetry segment is showcasing a CAGR of 39.2% during (2023 - 2030). Photogrammetry is a key technology within the drone data services market, and it has a wide range of applications across various industries. Photogrammetry is the science of making measurements from photographs or imagery, and when combined with drones, it allows for accurate 3D modeling, mapping, and measurement. Drones equipped with photogrammetry technology can create highly detailed topographic maps, providing essential land development and planning data.
The Real Estate & Construction segment is generating the highest revenue in the Global Drone Data Services Market, by End-use in 2022; thereby, achieving a market value of $3.8 billion by 2030. Drones can survey and assess potential real estate development sites, providing insights into topography, nearby amenities, and accessibility. Drones monitor construction progress in real time, allowing project managers to track work completed, assess safety compliance, and identify potential issues. Drones are also used for property inspections, especially for large estates or commercial properties. They can capture images and videos of roofs, exteriors, and other hard-to-reach areas.
The Cloud-Based segment is experiencing a CAGR of 39.6% during (2023 - 2030). Cloud platforms offer scalable and on-demand computing resources. This is crucial for processing large volumes of data collected by drones, enabling businesses to handle projects of varying sizes without significant upfront infrastructure investments. Cloud-based platforms provide secure and cost-effective data storage solutions. Drone data can be effectively stored, organized, and accessed from anywhere, crucial for remote and distributed teams. Cloud platforms allow for real-time data processing, making it possible to receive and analyze drone data as it is collected.
The North America region dominated the Global Drone Data Services Market, by Region in 2022; and would continue to be a dominant market till 2030, thereby, achieving a market value of $5.1 billion by 2030. The Europe region is exhibiting a CAGR of 38.6% during (2023 - 2030). Additionally, The Asia Pacific region would register a CAGR of 39.9% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/drone-data-services-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 4DMapper, Dronecloud, DroneDeploy, Inc., Pix4D SA, PrecisionHawk, Inc. (Field Group AS), Sentera, Inc., Skycatch, Inc., Terra Drone Corporation (Terra Motors Corporation), Cyberhawk Innovations Ltd., Australian UAV Pty Ltd
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