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Drone Services Market Worth $63.6 Billion by 2025 - Exclusive Report by MarketsandMarkets™

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MarketsandMarkets

09 Apr, 2019, 15:30 GMT

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CHICAGO, April 9, 2019 /PRNewswire/ -- According to the new market research report "Drone Service Market Application (Aerial Photography, Data Acquisition and Analytics), Industry (Infrastructure, Media & Entertainment, Agriculture), Type (Drone Platform Service, Drone MRO, Drone Training, Solution, and Region - Global Forecast to 2025", published by MarketsandMarkets™, the Drone Services Market is estimated at USD 4.4 billion in 2019 and is projected to reach USD 63.6 billion by 2025, at a CAGR of 55.9% from 2019 to 2025. Factors such as the increasing demand for drone surveys across the globe and the growing use of drone in infrastructure, Oil & Gas industry in Asia Pacific and the Middle East are expected to fuel the growth of the drone services market.

Ask for PDF Brochure:

https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=80726041

The infrastructure industry segment projected to grow at a higher CAGR in the drone services market during the forecast period

Based on industry, the infrastructure industry segment is expected to lead the drone services market during the forecast period. This segment includes drone services provided operators to different end-use industries such as oil & gas, mining, infrastructure, logistics, media and entertainment, agriculture and utility & power among others. In the infrastructure industry, increase in the demand for aerial mapping for data collection and aerial photography is driving the growth of infrastructure industry.

The training & education type segment of the drone services market is expected to grow at the highest CAGR during the forecast period

Based on type, the training & education segment of the drone services market is expected to grow at the highest CAGR during the forecast period. The increase in demand from drone training institutes and rise in the number of drone pilots has led to an increase in the demand for the training & education segment.  Requirement of the skilled pilots in the drone industry is lucrative opportunity for the trainee pilots, which is supporting the growth of this market.

Browse in-depth TOC on "Drone Services Market"

76 – Tables

31 – Figures

173 – Pages

Request Sample pages of the Report:

https://www.marketsandmarkets.com/requestsampleNew.asp?id=80726041

Asia Pacific is expected to be fastest-growing market for drone services

Asia Pacific is estimated to lead the drone services market during the forecast period. The growth of this market is supported by new infrastructure projects in the region, thereby providing various opportunities for drone services.  The rise in the capital investment for the development of new infrastructure projects in China and India is expected to drive the demand for drone services market. Also, rise in the drone deliveries in the region is another factor supporting the growth of the market.

Major players in the drone services market Aerobo (US), Airware (US), Cyberhawk (UK), Deveron UAS (Canada), DroneDeploy (US), Identified Technologies (US), Measure (US), Phoenix Drone Services (US), Prioria Robotics (US), SenseFly (Switzerland), Sharper Shape (US), Sky-Futures (UK), Terra Drone (Japan), The Sky Guys (Canada),  and Unmanned Experts (US) among others.

Please Explore Relevant Reports:

Drone Software Market by Architecture (Open Source, Closed Source), Offering (App-Based Software, Desktop Software), Application (Control & Data Capture, Image Processing, Analytics), Platform, and Region - Global Forecast to 2022 

Drone Analytics Market by Industry (Agriculture & Forestry, Construction, Insurance, Mining & Quarrying, Utility, Telecommunication, Oil & Gas, Transportation, Scientific Research), Application, Type, Solution, and Region - Global Forecast to 2022 

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:

Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com
Research Insight: https://www.marketsandmarkets.com/ResearchInsight/drone-services-market.asp
Visit Our Web Site: https://www.marketsandmarkets.com

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

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