Drone Service Market Size, Share Trends and Future Growth 2019-2027 Key Players: Cyberhawk Innovations Limited, Aerodyne Group, Sky Futures

Global drone service market is expected to grow from US$ 629.2 Mn in 2018 to US$ 24,882.2 Mn by 2027 at a CAGR of 51.1% between 2019 and 2027.

Drone Service market is experiencing a high growth throughout the globe, driven by growth in real estate/infrastructure, agriculture, media & entertainment, industrial, law enforcement, and other industries. Moreover, increasing adoption of drone-based solutions in the agriculture sector and media industry is constantly driving the market. In addition to this, the e-commerce industry has matured immensely over the years in the developed economies as well as the developing nations. The primary driver for the e-commerce industry is that the customers can purchase from and receive the goods at the most convenient location. Owing to this the entire e-commerce market is gaining a great deal of attraction. These factors are anticipated to drive the Drone Service Market during the forecast period.

The report focuses on an in-depth segmentation of the Drone Service Market based on drone type, service, and industry. The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries. By service segment, surveying, mapping & inspection is accounted for the largest share in the Drone Service Market in 2017 and also projected to grow with CAGR of 49.6% during the forecast period.

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Company Profiles:

Cyberhawk Innovations Limited, Aerodyne Group, Sky Futures, Terra Drone Corporation, Measure, SkySpecs, Airinov, Zipline, Drone Volt, and Flirtey

The report assists in determining and analyzing the Key market players’ portfolios with information such as company profiles, components and services offered, financial information of last 3 years, key developments in past five years and helps in constructing strategies to gain competitive advantage. The market payers from Drone Service Market are anticipated to lucrative growth opportunities in the future with the rising demand for Drone Service in the global market. Below mentioned is the list of few companies engaged in the Drone Service market.

North America is one of the prominent regions in the Drone Service Market which is contributing highest revenue globally due to the increase in the population. The US is a developed country in terms of advanced technology, the standard of living, and infrastructure among others. Across North America, the technological advancements have led to highly competitive markets. The adoption of drones in the region is wholly dependent on specific rules and regulations set by the Federal Aviation Administration (FAA). The service providers have to adhere to the legislation set by FAA to fly drones in industries, agricultural, real estate, and media & entertainment industries.

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Also, key Drone Service market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

Answers that the report acknowledges:

  • Market size and growth rate during forecast period.
  • Key factors driving the Drone Service Market.
  • Key market trends cracking up the growth of the Drone Service Market
  • Challenges to market growth.
  • Key vendors of Drone Service Market.
  • Detailed SWOT analysis.
  • Opportunities and threats faces by the existing vendors in Global Drone Service Market.
  • Trending factors influencing the market in the geographical regions.
  • Strategic initiatives focusing the leading vendors.
  • PEST analysis of the market in the five major regions.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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Posted by on Friday September 13 2019, 9:15 AM EST. All trademarks acknowledged. Filed under Business & Financial Services, Business Services, Software & Services, Technology Hardware & Equipment, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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