Report ID: UCMIG45C2067
Report ID:
UCMIG45C2067 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The global market for drone data services was valued at USD 152.1 million in 2016, and its growth was driven by the increasing demand for drone data analysis in various industries worldwide. This demand arises from the need to remotely perform various critical tasks, including automated mapping, cadastral surveying, corridor surveying, volumetric calculations, and LiDAR mapping. Providers of Unmanned Aerial Vehicle (UAV) imagery services have been introducing innovative opportunities for businesses in the construction and agriculture industries, expanding their potential applications to enable predictive and actuation capabilities. These capabilities offer significant advantages, including improvements in quality, risk mitigation, and cost reduction, providing a competitive edge to adopters.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Data Processing & Outsourced Services by segment aggregation, the contribution of the Data Processing & Outsourced Services in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
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Report ID: UCMIG45C2067