The North America Drone Analytics Market would witness market growth of 20.7% CAGR during the forecast period (2021-2027).
In the last couple of years, the demand for complete drone packages has significantly fueled. With sophisticated resolution cameras for image mapping, equipment tracking, and video capturing, the amount of data created from drones has substantially increased. On the other hand, drones mainly create unstructured data. Due to this, drone analytics is playing a major role in turning unstructured data into structured data for analysis.
Complete drone analytics are the apt solutions for gathering the data and processing it. The massive rise in the amount of business data created across various industries has fueled the demand for sophisticated analytics solutions as industries are highly adopting data-driven decisions. Moreover, the growth of the drone analytics market is constantly boosted by the capability of these solutions to track and examine the data for extracting advanced insights with a low amount of intervention.
North America is home to some of the leading manufacturers of the drone and the companies that deploy drone analytics solutions. These two factors are providing capacity for the growth of the regional drone analytics market. North America has always been at the forefront of adopting the latest and advanced technology.
In addition, the rising number of construction activities is also paving the way for the extensive adoption of drone analytics as these solutions help the property owners to visualize and examine the development of the construction phases so as to maintain the timeline of the projects. Drone tech saves the time of construction projects by automatically creating precise engineering data and processing analytics for hands-on project management. Moreover, the ideal drone technology will facilitate the integration of the ongoing construction project process and applications. Therefore, these factors are anticipated to create new growth opportunities for the regional market.
The US market dominated the North America Drone Analytics Cloud Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $3,125.5 million by 2027. The Canada market is experiencing a CAGR of 25.6% during (2021 - 2027). Additionally, The Mexico market would witness a CAGR of 24.6% 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 U.S., Mexico, Canada, and Rest of North America.
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.
Free Valuable Insights: The Global Drone Analytics Market is Estimated to Reach USD 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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