The
global drone data service market is expected to reach USD 8.15 billion by 2025,
according to a new report by Grand View Research, Inc. The growth can be
attributed to the growing usage of information acquired by drones in
operational and big data analytics. The increasing need for UAV imagery
analysis is presumed to impact the global drone imagery processing software
industry positively and add a new horizon in imagery storage technologies.
The
increasing adoption of drones in commercial sectors is leading to a revolution
in big data cloud services. Launching a drone to capture images is the
preliminary step in the drone information acquisition process. The captured
images then require correction, calibration, processing, storage, and efficient
evaluation.
The
increasing need to evaluate imagery is a key factor driving the adoption of
drone imagery software and cloud-based applications, which possess the ability
to upload, share, store, and process aerial images. Moreover, there has been a
steep increase in the use of cloud-based in-memory computing platform amongst
businesses as it accelerates analytics, processes, and predictive capabilities.
By
gathering information on a larger scale, service providers can now process
unprecedented levels of detailed information and turn it into actionable
information. UAV companies, such as PrecisionHawk, are transforming their
business processes to enhance their focus on drone data processing rather than
UAV manufacturing.
In depth research report on Drone Data Services
Market
Further key findings from the report suggest:
·
The industry requires
significant improvements in various processes, such as increased fusion of
data, compression, encryption, and on-board processing, as the software to
perform analytics directly from imagery is still in the research phase
·
Big data generated by drones is
of vital importance in various sectors, including monitoring construction
activities, ortho-rectification, and creation of Digital Surface Models (DSMs)
and Digital Terrain Models (DTMs).
·
North America is presumed to
emerge as the dominant region while Asia Pacific is expected to witness
unprecedented growth over the forecast period.
·
Over the next three years,
agricultural firms and construction companies are expected to harness the
capabilities of aerial surveillance through drones on a large scale as these
industries have not yet explored the benefits of imagery optimally
·
Drone imagery service providers
across the globe are expected to transform themselves from being straight up
services companies to holistic data analytics companies.
Grand
View Research has segmented the global drone data service market on the basis
of service type, platform, end-use, and region:
Service Type Outlook (Revenue, USD Million;
2014-2025)
·
Mapping & Surveying
·
Photogrammetry
·
3D Modeling & Digital
Elevation Model (DEM)
·
Others
Platform Outlook (Revenue, USD Million; 2014-2025)
·
Cloud-Based
·
Operator Software
End-use Outlook (Revenue, USD Million; 2014-2025)
·
Real Estate & Construction
·
Agriculture
·
Mining
·
Others
Regional Outlook (Revenue, USD Million; 2014-2025)
·
North America
·
U.S.
·
Canada
·
Europe
·
Germany
·
UK
·
Asia Pacific
·
China
·
Japan
·
Latin America
·
Middle East & Africa
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About Grand View Research
Grand
View Research, Inc. is a U.S. based market research and consulting company,
registered in the State of California and headquartered in San Francisco. The
company provides syndicated research reports, customized research reports, and
consulting services. To help clients make informed business decisions, the
company offers market intelligence studies ensuring relevant and fact-based
research across a range of industries including technology, chemicals,
materials, healthcare and energy.
For more market analysis reports, please visit: http://www.grandviewresearch.com/
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