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Drone Analytics Market Report

RA08535

Drone Analytics Market by Type (On-Premises and On-Demand), Application (Inspection, Mapping, Surveying and Others), End Use Defense, Commercial and Consumer), and Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2021-2028

RA08535

Pages: 215

Jan 2022

COVID-19

pandemic has shown to have an enormous impact on most
industries.

Click Here to access our comprehensive analysis of the

Impact of covid-19 on Drone Analytics Market

Global Drone Analytics Market Analysis

The drone analytics market size is estimated to be $7,381.9 million in the 2021-2028 timeframe, growing from $2,112.0million in 2020, at a healthy CAGR of 17.1%

Market Synopsis

The increase in the defense expenditure by major countries is expected to be the major driving factor for growth of the drone analytics market demand.

However, the high initial investment required in the drone analytics industry is predicted to restrict the market growth.

According to the regional analysis of the market, the Asia-Pacific drone analytics market share is anticipated to grow at a CAGR of 17.6% by generating a revenue of $1,736.2million during the drone analytics market forecast period.

Drone analytics Market Overview

Defense drones identify security & terrorism-related challenges and vulnerable areas that are prone to a variety of national security risks. Drones are a multiplier of modern forces that can contain terrorism and improve the capabilities of security forces to address new defense and homeland security challenges. They work to detect threats, UAV defense, UAV defense system identify high-risk areas at remote locations, perform border guards, and perform reconnaissance missions.

COVID-19 Impact on Drone Analytics Market

There has been a moderate impact of COVID-19 pandemic on the drone analytics market in the forecast period. During the pandemic period, governments across the world turned their focus from counter terrorism and surveillance operations to addressing the public health crisis. In addition to this, the shortage of critical components/materials required in the manufacturing and assembling of equipment used in the defense drones such as C4ISR type, radar, electro-optical/infrared (EO/IR), acoustic sensors, embedded navigation, positioning sensors, and others is expected to negatively impact the drone analytics market.

During this pandemic period, the legally mandated social distancing caused an increase in demand and applicability of all sorts of automated services, including for example, drone deliveries of medical goods, food and e-commerce in commercial utilization of drone services and has aided   the drone analytics market in the forecast period.

The Surge in the Defense Expenditure is Anticipated to be a Major Driving Factor of this Market

The drone analytics market is anticipated to witness notable growth in the forecast period because of increasing defense expenditure around the world for procurement and upgradation of unmanned surveillance and attack type. As per the Stockholm International Peace Research Institute (SIPRI), an independent international organization to research into conflict, armaments, and disarmament, the global defense expenditure increased to $1981 billion in the year 2020. The surge in defense expenditure for the research & development of military aviation navigation type    and surveillance type    required in defense aviation is expected to imprecise the implementation of defense drone related software’s and is expected to positively impact drone analytics market in the forecast period

To know more about global drone analytics market research and drivers, get in touch with our analysts here.

The Capital-Intensive Nature of Drone analytics Technology to Restrain the Market Growth.

Unmanned aircrafts are very sophisticated and require high cost for manufacturing and operations which make them heavily priced. Along with this, they require high maintenance costs. As the hardware and software required in military and commercial avionics for navigation, surveillance and others are sophisticated and expensive, this can hamper the demand for global drone analytics market.

The Increasing Adoption of Artificial Intelligence is Expected to Create Opportunities for Drone analytics Market

The growing adoption of artificial intelligence technologies in drone industry is expected to open new scope of opportunities in the drone analytics industry globally. Numerous drones are integrated with the latest sensors, LiDAR, high-tech cameras, GNSS, infrared, and thermal imaging type. State-of-the-art unmanned aerial vehicles are equipped with multi-sensor type    such as the global mobile communication system (GSM), communication reconnaissance sensors, and air-to-air missiles. The state-of-the-art UAVs can carry a variety of payloads mounted on internal weapon bays and large sensors. Artificial intelligence is currently used commercially in high altitude military UAV autonomous flight type. These are the positive drone analytics market trends that are expected to act as facilitators in the growth of the drone analytics market the forecast period.

To know more about global drone analytics market trends, get in touch with our analysts here.

Drone Analytics Market
By Type

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Based on type, the market has been divided into On-Premises and on-demand. Among these, the On-Premises sub-segment is anticipated to generate the maximum revenue and the on-demand sub-segment is expected to show the fastest growth. Download PDF Sample Report

Source: Research Dive Analysis

The on-premises sub-segment is predicted to have a dominating share in the global market and register a revenue of $4,199.1   million in 2028, growing from $1,271.1 million in 2020 during the forecast period. The sectors such as military, space research, medical facilities and government organizations where the confidentiality of information is of prime importance the on-premise data storage and analysis is more beneficial due to features such as security, visibility of data, ease of an accessibility and others these factors are expected to grow the on-premises subsegment in the forecast period. 

The on-demand sub segment is anticipated to have the fastest market growth and generate a revenue of $3,182.8 million by 2028, growing from $840.8 million in 2020, at a healthy CAGR of 18.3% in the forecast period. In on-demand deployment of drone analytics software services, all hardware, software, and other supporting infrastructure are owned and managed by the service provider. The advantages of on-demand deployment are lower costs, no need to purchase hardware or software, and the users pay only for the service they use, no maintenance—the service provider provides the maintenance. These factors are expected to aid the growth of this subsegment in the forecast period.

Drone Analytics Market
By Application

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Based on application, the market has been divided into Inspection, mapping, surveying and others. The Inspection sub-segment is expected to be the most dominating and mapping is the fastest growing sub-segment.

Source: Research Dive Analysis

The inspection sub-segment is estimated to have a dominating market share in the global market and register a revenue of $ 2,624.6 in year 2028, with a healthy CAGR of 16.6% during the forecast period. 
The increasing utilization of commercial drones in the sectors such as oil & gas exploration, mining, power generation and manufacturing units generates large amount of data and is aiding the utilization of drone analytics software. These factors are expected to aid the growth of this sub-segment.

The mapping sub-segment is estimated to have the fastest growth in the global market and register a revenue of $2,217.9 in year 2028, with a healthy CAGR of 17.9% during the forecast period. 
The utilization of drones in the construction industry has also benefited significantly from drone mapping. Maps allow companies in the construction industry, to be informed of project progress on a regular basis, analyze raw material stores such as soil and gravel, and create 3D models of construction sites. These factors are expected to aid the growth of this sub-segment 

Drone Analytics Market
By End User

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Based on end use, the market has been sub-segmented in to Defense, commercial and consumer sub-segment. The Defense subsegment is estimated to show a dominant share, whereas the commercial sub-segment is projected to garner the fastest growth.

Source: Research Dive Analysis

The defense sub-segment is anticipated to have a dominating share in the global market and surpass $5,042.9 million by 2028, with an increase from $1,464.4 million in 2020. The increasing utilization of defense drones for intelligence gathering of potential threats for the military to provide video surveillance and threat monitoring is expected to aid the growth of this sub-segment in the forecast period

The commercial sub-segment of the global drone analytics market is projected to have the fastest growth and register a revenue of $1,330.6 million in 2028 during the analysis timeframe, growing at a healthy CAGR of 17.8%. Commercial drones are currently having a major impact on applications that take advantage of the ability to collect localized visual information quickly and inexpensively. Some of these areas are agriculture, construction, infrastructure, and inventory management. With the help of drone analysis, farmers can benefit from real-time information about vast lands. Drones help track almost everything, including water usage, plant health, heat signs, soil analysis, and more.

Drone Analytics Market
By Region

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The drone analytics market was investigated across North America, Europe, Asia-Pacific, and LAMEA.

Source: Research Dive Analysis

The Market for Drone Analytics in North America to be the Most Dominating

The North America drone analytics market generated $757.6 million in 2020 and is projected to register a revenue of $2,588.8 million by 2028. The North America region is expected to dominate the global drone analytics market in the forecast period due to its well-established infrastructure in the military aviation along with strong emphasis on the research and development of drone analytics in the civil aviation and military type. These factors are expected to aid the growth of drone analytics market in the North America region during the forecast period.

The Market for Drone analytics in Asia-Pacific to be the Fastest Growing

The Asia Pacific drone analytics market generated $480.9 million in 2020 and is projected to register a revenue of $1,736.2 million by 2028. The growing military expenditure by the major countries in the region for defense drones in the armed forces is expected to aid the growth of drone analytics market in the Asia-Pacific region. As per the "Stockholm International Peace Research Institute (SIPRI)" an independent international organization for research into conflict, armaments, and disarmament, countries such as China ($252 billion), India ($72.9 billion), Japan ($49.1 billion), South Korea ($45.7 billion), and Australia ($27.5 billion) increased their military expenditure in 2020. These factors are expected to aid the growth of drone analytics market in the Asia-Pacific region.

Competitive Scenario in the Global Drone analytics Market

Agreement and acquisitions are common strategies followed by major market players.

Competitive Scenario in the Global Drone analytics Market

Source: Research Dive Analysis

Some of the leading drone analytics market players are BAE Systems, Delta Drone, AeroVironment, Inc., DroneDeploy, Esri, PrecisionHawk, Inc., VIATechnik LLC, Pix4D SA, Kespry Inc. and Optelos LLC.

Porter’s Five Forces Analysis for the Global Drone analytics Market:

  • Bargaining Power of Suppliers: The suppliers in the drone analytics market are moderate in number. Several companies are working on new methodologies such as AI based defense drones to gain the major market share. Thus, there is moderate threat from the suppliers. 
    Thus, the bargaining power of suppliers is moderate.
  • Bargaining Power of Buyers: Buyers have moderate bargaining power; they demand services at a cost-effective manner. This increases the pressure on the drone analytics providers to offer the best service in a cost-effective way. Thus, buyers can have alternatives and choose the convenient service that best fits their preference. 
    Thus, the bargaining power of buyers is moderate.
  • Threat of New Entrants: Companies entering the drone analytics market face high competition since all new players strive to adopt technological innovations such as unmanned combat aerial vehicle, unmanned warfare, defense uav, anti uav defense system to customize products for attracting clients. The initial investment in the drone analytics is high and technology is complex. 
    Thus, the threat of the new entrants is low.
  • Threat of Substitutes: There is no alternative product for drone analytics solutions. 
    Thus, the threat of substitutes is low.
  • Competitive Rivalry in the Market: The competitive rivalry among industry leaders is rather intense, especially between the global players including AeroVironment, Inc., DroneDeploy. Companies in the drone analytics do acquisitions to gain major market share. 
    Therefore, competitive rivalry in the market is high.

Aspect

Particulars

  Historical Market Estimations

  2019-2020

  Base Year for Market Estimation

  2020

  Forecast Timeline for Market Projection

  2021-2028

  Geographical Scope

  North America, Europe, Asia-Pacific, LAMEA

  Segmentation by Type  

  • On-Premises
  • On-Demand

  Segmentation by Application

  • Inspection
  • Mapping
  • Surveying
  • Others

  Segmentation by End Use

  • Defense
  • Commercial
  • Consumer

  Key Companies Profiled

 

  • BAE Systems
  • Delta Drone
  • AeroVironment, Inc.
  • DroneDeploy
  • Esri
  • PrecisionHawk, Inc.
  •  VIATechnik LLC
  • Pix4D SA
  • Kespry Inc.
  • Optelos LLC.

Frequently Asked Questions
 

A. The drone analytics is the analysis of the data generated from drones.

A. The drones can be stopped by implementing anti UAV defense system

A. The size of the drone analytics market is expected to be around $ 7,381.9 million in the forecast period.

A. The defense drones carry laser guided bombs and missiles.

1.Research Methodology

1.1.Desk Research
1.2.Real time insights and validation
1.3.Forecast model
1.4.Assumptions and forecast parameters

1.4.1.Assumptions
1.4.2.Forecast parameters

1.5.Data sources

1.5.1.Primary
1.5.2.Secondary

2.Executive Summary

2.1.360° summary
2.2.Type trends
2.3.Application trends
2.4. End Use trends

3.Market overview

3.1.Market segmentation & definitions
3.2.Key takeaways

3.2.1.Top investment pockets
3.2.2.Top winning strategies

3.3.Porter’s five forces analysis

3.3.1.Bargaining power of consumers
3.3.2.Bargaining power of suppliers
3.3.3.Threat of new entrants
3.3.4.Threat of substitutes
3.3.5.Competitive rivalry in the market

3.4.Market dynamics

3.4.1.Drivers
3.4.2.Restraints
3.4.3.Opportunities

3.5.Application landscape
3.6.Regulatory landscape
3.7.Patent landscape
3.8.Pricing overview

3.8.1.By Type
3.8.2.By Application
3.8.3.By End Use
3.8.4.By Region

3.9.Market value chain analysis

3.9.1.Stress point analysis
3.9.2.Raw material analysis
3.9.3.Manufacturing process
3.9.4. End Use analysis
3.9.5.Operating vendors

3.9.5.1.Raw material suppliers
3.9.5.2.Product manufacturers
3.9.5.3.Product distributors

3.10.Strategic overview

4.Drone Analytics Market, by Type

4.1.On-Premises

4.1.1.Market size and forecast, by region, 2021-2028
4.1.2.Comparative market share analysis, 2021-2028

4.2.On-Demand

4.2.1.Market size and forecast, by region, 2021-2028
4.2.2.Comparative market share analysis, 2021-2028

5.Drone Analytics Market, by Application

5.1.Inspection

5.1.1.Market size and forecast, by region, 2021-2028
5.1.2.Comparative market share analysis, 2021-2028

5.2.Mapping

5.2.1.Market size and forecast, by region, 2021-2028
5.2.2.Comparative market share analysis, 2021-2028

5.3.Surveying

5.3.1.Market size and forecast, by region, 2021-2028
5.3.2.Comparative market share analysis, 2021-2028

5.4.Others
5.4.1.Market size and forecast, by region, 2021-2028
5.4.2.Comparative market share analysis, 2021-2028

6.Drone Analytics Market, by Application End Use

6.1.Defense

6.1.1.Market size and forecast, by region, 2021-2028
6.1.2.Comparative market share analysis, 2021-2028

6.2. Commercial

6.2.1.Market size and forecast, by region, 2021-2028
6.2.2.Comparative market share analysis, 2021-2028

6.3.Consumer

6.3.1.Market size and forecast, by region, 2021-2028
6.3.2.Comparative market share analysis, 2021-2028

7.Drone Analytics Market, by End Use 

7.1.Defense     

7.1.1.Market size and forecast, by region, 2021-2028
7.1.2.Comparative market share analysis, 2021-2028

7.2.Commercial                             

7.2.1.Market size and forecast, by region, 2021-2028
7.2.2.Comparative market share analysis, 2021-2028

7.3.Consumer    

7.3.1.Market size and forecast, by region, 2021-2028
7.3.2.Comparative market share analysis, 2021-2028

8.Drone Analytics Market, by region

8.1.North Region

8.1.1.Market size and forecast, by Type, 2021-2028
8.1.2.Market size and forecast, by Application, 2021-2028
8.1.3.Market size and forecast, by End Use, 2021-2028
8.1.4.Market size and forecast, by country, 2021-2028
8.1.5.Comparative market share analysis, 2021-2028

8.1.6.U.S

8.1.6.1.Market size and forecast, by Type, 2021-2028
8.1.6.2.Market size and forecast, by Application, 2021-2028
8.1.6.3.Market size and forecast, by End Use, 2021-2028

8.1.7.Canada

8.1.7.1.Market size and forecast, by Type, 2021-2028
8.1.7.2.Market size and forecast, by Application, 2021-2028
8.1.7.3.Market size and forecast, by End Use, 2021-2028 

8.1.8.Mexico

8.1.8.1.Market size and forecast, by Type, 2021-2028
8.1.8.2.Market size and forecast, by Application, 2021-2028
8.1.8.3.Market size and forecast, by End Use, 2021-2028

8.2.Europe

8.2.1.Market size and forecast, by Type, 2021-2028
8.2.2.Market size and forecast, by Application, 2021-2028
8.2.3.Market size and forecast, by End Use, 2021-2028
8.2.4.Market size and forecast, by country, 2021-2028
8.2.5.Comparative market share analysis, 2021-2028

8.2.6.UK

8.2.6.1.Market size and forecast, by Type, 2021-2028
8.2.6.2.Market size and forecast, by Application, 2021-2028
8.2.6.3.Market size and forecast, by End Use, 2021-2028

8.2.7.Germany

8.2.7.1.Market size and forecast, by Type, 2021-2028
8.2.7.2.Market size and forecast, by Application, 2021-2028
8.2.7.3.Market size and forecast, by End Use, 2021-2028

8.2.8.France

8.2.8.1.Market size and forecast, by Type, 2021-2028
8.2.8.2.Market size and forecast, by Application, 2021-2028
8.2.8.3.Market size and forecast, by End Use, 2021-2028

8.2.9.Spain

8.2.9.1.Market size and forecast, by Type, 2021-2028
8.2.9.2.Market size and forecast, by Application, 2021-2028
8.2.9.3.Market size and forecast, by End Use, 2021-2028

8.2.10.Italy

8.2.10.1.Market size and forecast, by Type, 2021-2028
8.2.10.2.Market size and forecast, by Application, 2021-2028
8.2.10.3.Market size and forecast, by End Use, 2021-2028

8.2.11.Rest of Europe

8.2.11.1.Market size and forecast, by Type, 2021-2028
8.2.11.2.Market size and forecast, by Application, 2021-2028
8.2.11.3.Market size and forecast, by End Use, 2021-2028

8.3.Asia-Pacific

8.3.1.Market size and forecast, by Type, 2021-2028
8.3.2.Market size and forecast, by Application, 2021-2028
8.3.3.Market size and forecast, by End Use, 2021-2028
8.3.4.Market size and forecast, by Country, 2021-2028
8.3.5.Comparative market share analysis, 2021-2028

8.3.6.China

8.3.6.1.Market size and forecast, by Type, 2021-2028
8.3.6.2.Market size and forecast, by Application, 2021-2028
8.3.6.3.Market size and forecast, by End Use, 2021-2028

8.3.7.India

8.3.7.1.Market size and forecast, by Type, 2021-2028
8.3.7.2.Market size and forecast, by Application, 2021-2028
8.3.7.3.Market size and forecast, by End Use, 2021-2028

8.3.8.Japan

8.3.8.1.Market size and forecast, by Type, 2021-2028
8.3.8.2.Market size and forecast, by Application, 2021-2028
8.3.8.3.Market size and forecast, by End Use, 2021-2028

8.3.9.South Korea

8.3.9.1.Market size and forecast, by Type, 2021-2028
8.3.9.2.Market size and forecast, by Application, 2021-2028
8.3.9.3.Market size and forecast, by End Use, 2021-2028

8.3.10.Australia

8.3.10.1.Market size and forecast, by Type, 2021-2028
8.3.10.2.Market size and forecast, by Application, 2021-2028
8.3.10.3.Market size and forecast, by End Use, 2021-2028

8.3.11.Rest of Asia-Pacific

8.3.11.1.Market size and forecast, by Type, 2021-2028
8.3.11.2.Market size and forecast, by Application, 2021-2028
8.3.11.3.Market size and forecast, by End Use, 2021-2028

8.4.LAMEA

8.4.1.Market size and forecast, by Type, 2021-2028
8.4.2.Market size and forecast, by Application, 2021-2028
8.4.3.Market size and forecast, by End Use, 2021-2028
8.4.4.Market size and forecast, by Country, 2021-2028
8.4.5.Comparative market share analysis, 2021-2028

8.4.6.Latin America

8.4.6.1.Market size and forecast, by Type, 2021-2028
8.4.6.2.Market size and forecast, by Application, 2021-2028
8.4.6.3.Market size and forecast, by End Use, 2021-2028

8.4.7.Middle East

8.4.7.1.Market size and forecast, by Type, 2021-2028
8.4.7.2.Market size and forecast, by Application, 2021-2028
8.4.7.3.Market size and forecast, by End Use, 2021-2028

8.4.8.Africa

8.4.8.1.Market size and forecast, by Type, 2021-2028
8.4.8.2.Market size and forecast, by Application, 2021-2028
8.4.8.3.Market size and forecast, by End Use, 2021-2028

9.Company profiles

9.1.BAE Systems
9.1.1.Business overview
9.1.2.Financial performance
9.1.3.Operating Segments
9.1.4.Recent strategic moves & developments
9.1.5.SWOT analysis

9.2.Delta Drone

9.2.1.Business overview
9.2.2.Financial performance
9.2.3.Operating Segments
9.2.4.Recent strategic moves & developments
9.2.5.SWOT analysis

9.3.AeroVironment, Inc.

9.3.1.Business overview
9.3.2.Financial performance
9.3.3.Operating Segments
9.3.4.Recent strategic moves & developments
9.3.5.SWOT analysis

9.4.DroneDeploy

9.4.1.Business overview
9.4.2.Financial performance
9.4.3.Operating Segments
9.4.4.Recent strategic moves & developments
9.4.5.SWOT analysis

9.5.Esri

9.5.1.Business overview
9.5.2.Financial performance
9.5.3.Operating Segments
9.5.4.Recent strategic moves & developments
9.5.5.SWOT analysis

9.6.PrecisionHawk, Inc.

9.6.1.Business overview
9.6.2.Financial performance
9.6.3.Operating Segments
9.6.4.Recent strategic moves & developments
9.6.5.SWOT analysis

9.7.VIATechnik LLC

9.7.1.Business overview
9.7.2.Financial performance
9.7.3.Operating Segments
9.7.4.Recent strategic moves & developments
9.7.5.SWOT analysis

9.8.Pix4D SA

9.8.1.Business overview
9.8.2.Financial performance
9.8.3.Operating Segments
9.8.4.Recent strategic moves & developments
9.8.5.SWOT analysis

9.9.Kespry Inc.

9.9.1.Business overview
9.9.2.Financial performance
9.9.3.Operating Segments
9.9.4.Recent strategic moves & developments
9.9.5.SWOT analysis

9.10.Optelos LLC.

9.10.1.Business overview
9.10.2.Financial performance
9.10.3.Operating Segments
9.10.4.Recent strategic moves & developments
9.10.5.SWOT analysis

Nowadays drone analytics software is used across various sectors in surveying and monitoring various operational behaviors such as archeological site surveys, forest management, 3D modeling for buildings, digital urban planning, precision farming, wildlife monitoring, and various other commercial purposes. This particular software analyzes the unstructured information captured by the drones into structured ones and helps organizations in providing accurate and meaningful data and in taking needful decisions for its growth and development.

Forecast Analysis of the Global Drone Analytics Market

With the increasing importance of drones in global defense spending on unmanned surveillance and to detect attack-type procurement, the market is expected to witness significant growth during the analysis timeframe. Besides, the rising importance of drones for analysis and research of data captured for the deployment in armed forces is further expected to bolster the growth of the market over the forecast period. Moreover, the increasing adoption of artificial intelligence technologies in the drone industry is expected to create huge growth opportunities for the drone analytics market over the estimated period. However, the high production and operating costs of drones may hamper the growth of the market during the forecast period.

According to the report published by Research Dive, the global drone analytics market is envisioned to generate a revenue of $7,381.9 million and grow at a CAGR of 17.1% over the analysis timeframe from 2021-2028. Regionally, the North America region is expected to generate a revenue of $2,588.8 million owing to the increasing expenditure in military aviation together with the rising emphasis on the research in drone data analytics in the commercial and defense sectors in this region.

The major players of the drone analytics market include PrecisionHawk, Inc., DroneDeploy, Pix4D SA, VIATechnik LLC, Esri, Kespry Inc., BAE Systems, Optelos LLC, Delta Drone, AeroVironment, Inc., and many more.

Key Developments

The key companies operating in the industry are adopting various growth strategies & business tactics such as partnerships, collaborations, mergers & acquisitions, and launches to maintain a robust position in the overall market, which is subsequently helping the global drone analytics market to grow exponentially.

For instance, in August 2021, Delta Drone, a leading international player in the field of civilian drones for professional use, has announced its acquisition with Arvista, a renowned provider of aerial surveying services to the mining industry utilizing unmanned aerial vehicles. With this acquisition, Delta is willing to expand its base across Australia, by providing aerial survey operators to gather important survey data and serve the customer base of mining.

In November 2020, Pix4D, a leading Swiss-based company providing a unique suite of photogrammetry software for drone mapping, launched is a new product named “Pix4Dcatch”, which is mainly designed for ground image acquisition. This particular product helps public safety industries and professionals to minimize time and money and to swift the business growth by creating precise 3D ground models.

In February 2021, AgEagle Aerial Systems, a leading commercial drone technology, services, and solutions provider, has announced its collaboration with Valqari, a leading Chicago-based drone delivery solution. With this collaboration, the companies are aiming to fully automate, on-demand drone delivery systems for order and delivery of food and beverages, especially for the golfers.

Covid-19 Impact on the Market

With the rise of the Covid-19 pandemic, the drone analytics market has experienced a moderate impact. Initially, due to the stringent lockdowns imposed by the governments of many countries, the shortage in the availability of critical components for the manufacturing and assembling of defense drones has paused. This led to cause the downfall of the market during the period of crisis. However, the increase in demand for all sorts of automatic services, starting from delivering medicines to serving food packets to the needful to maintain social distancing, has enhanced the growth of the drone analytics market during the period of pandemic.

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