The Latin America, Middle East and Africa Drone Analytics Market would witness market growth of 27% CAGR during the forecast period (2021-2027).
Drone analytics refers to a technique that is utilized to monitor, keep track of and regulate the data which is important to make informed decisions. They are mainly utilized in the commercial sector in order to manage aerial data as well as business acumens. These data analytics is extensively utilized in applications like ground exploration, volumetric calculations, geolocation tagging, 3D modeling, and among others.
The world is witnessing the increasing adoption of drone systems. The players existing in the drone analytics market are the prime beneficiaries of this scenario. Monitoring with the help of drones is extensively used in the oil & gas industry, agriculture, insurance, and construction industry. To process analysis done by drone system, companies require drone analytics software that assists them to examine and consume these data gathered by drones.
As the region is home to the huge oil & gas industry, drones are changing the way scrutiny and maintenance of assets like well sites, storage tanks, pipelines, and offshore platforms. The drone technology is helpful at each phase of petroleum production – from quick and precise surveys to examine hard-to-reach areas, hence saving a major amount of time and costs.
The oil & gas industry of the region is extensively deploying drones around oil rings, flare stacks, and along miles of pipeline in order to track the leaks or gas emissions, detecting spills, corrosion, and heat spot and enhance security by removing the requirement for intervention from the human. Drone analytics save a significant amount of money for the oil & gas industry by enhancing on-site safety and decreasing maintenance costs.
The On-Premise market dominated the South Africa Drone Analytics Market by Deployment Type 2020, thereby, achieving a market value of $185.9 million by 2027. The Cloud market is showcasing a CAGR of 30.4% during (2021 - 2027).
Based on Application, the market is segmented into Thermal Detection, Aerial Monitoring, Ground Exploration, 3D Modeling and Others. Based on Deployment Type, the market is segmented into On-Premise and Cloud. Based on End User, the market is segmented into Power & Utility, Construction & Infrastructure, Oil & Gas, Agriculture, Transportation & Logistics, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Drone Analytics Market is Predict to reach $31.2 Billion by 2027, at a CAGR of 22.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Delta Drone SA, AgEagle Aerial Systems, Inc., HUVRdata, Inc., Sentera, Inc., Optelos LLC, Kespry, Inc., Pix4D SA, DroneDeploy, Inc., VIATechnik, LLC and Esri, Inc.
By Application
By Deployment Type
By End User
By Country
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