DUBLIN, Nov 28, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Commercial Drone-enabled Services Market 2016-2020" report to their offering.

The report forecasts the global commercial drone enabled-services market to grow at a CAGR of 35.47% during the period 2016-2020.

The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One of latest trends in the market is emergence of drone racing as major sport event. The use of consumer drones for sports is increasing with its growing popularity. Mountain Dew, a carbonated soft drink brand produced and owned by PepsiCo, and DR1 Racing organized a drone race in August 2016. The event used 12 of the world's top drone-racing pilots. The race was sponsored by Mountain Dew and was broadcasted globally through international sports networks like ESPN and the International Drone Racing Association. They broadcasted the event live on cable TV.

According to the report, one of the primary drivers in the market is integration of commercial drones with VR technology. With technological advances, operational processes in several organizations are undergoing significant changes. Companies are increasingly focusing on developing a mobile workforce to function efficiently and to improve business operations.

Various sectors such as infrastructure, tourism, agriculture, defense, oil and gas, and mining are investing heavily in workforce automation, which involves the integration of commercial drones with virtual reality (VR) and AR. With the use of such drones, companies aim to reduce human error. The integration of VR and AR into commercial drones offer different companies solutions for workforce automation.

Key vendors:

• 3D Robotics
• AeroVironment
• DJI
• Leptron
• Parrot
• PrecisionHawk
• Trimble UAS
  

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by application

Part 07: Market segmentation by industry

Part 08: Geographical segmentation

Part 09: Market attractiveness

Part 10: Buying Criteria

Part 11: Market drivers

Part 12: Impact of drivers

Part 13: Market challenges

Part 14: Impact of drivers and challenges

Part 15: Market trends

Part 16: Vendor landscape

Part 17: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/f86qz4/global_commercial

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Research and Markets
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SOURCE Research and Markets