The Latest Drone Services Industry Statistics Explained
Worldwide drone software market revenue amounted to over 390 million U.S. dollars in 2021.
The statistic indicates that the global drone software market generated more than $390 million in revenue during the year 2021. This suggests a significant level of economic activity in the drone software industry, reflecting the growing importance and adoption of drones across various sectors such as agriculture, construction, and logistics. The revenue figure underscores the increasing demand for drone technology and software solutions, as businesses and industries look to leverage the capabilities of drones for efficiency, automation, and data collection. The growth in revenue signifies a strong market potential and highlights the continuous evolution and innovation in the drone industry.
The global drone services market is projected to reach USD 63.6 billion by 2025, at a CAGR of 55.9% from 2020 to 2025.
This statistic indicates that the global drone services market is expected to experience significant growth over the forecast period, with a projected value of USD 63.6 billion by 2025. The compound annual growth rate (CAGR) of 55.9% suggests that the market is expanding rapidly, driven by increasing demand for drone services across various industries such as agriculture, construction, and surveillance. This strong growth rate highlights the growing adoption of drone technology in diverse applications and underscores the potential for drones to revolutionize the way tasks are performed in different sectors.
The size of the global drone analytics market is expected to grow from USD 1.4 Billion in 2020 to USD 5.7 Billion by 2025.
The statistic indicates a significant projected growth in the global drone analytics market over a five-year period. Specifically, the market size is expected to increase from USD 1.4 Billion in 2020 to USD 5.7 Billion by 2025. This growth suggests a substantial expansion in the adoption and utilization of drone technology for data analysis and insights across various industries such as agriculture, construction, infrastructure, and public safety. The increasing demand for drone analytics services is likely driven by advancements in drone technology, the availability of high-resolution imaging sensors, and the rising need for efficient data collection and analysis solutions. This growth trend showcases the growing importance of drones in transforming the way businesses collect, process, and leverage data for improved decision-making and operational efficiency.
The Photogrammetry segment is expected to hold the largest share of Drone Services Market between 2020 and 2025.
The statistic indicates that the Photogrammetry segment is projected to have the highest proportion of market share within the Drone Services Market from 2020 to 2025. This suggests that Photogrammetry services, which involve the process of capturing precise measurements and creating accurate maps or models using drones and other imaging technologies, are anticipated to be in high demand and drive significant revenue within the drone services sector during the specified period. This trend may be reflective of the growing use of drones for various applications such as surveying, mapping, construction, agriculture, and infrastructure inspection, where Photogrammetry services provide valuable data and insights for decision-making and analysis.
Across the globe, the demand for drone services in surveillance is poised to rise at a CAGR of 44.9%.
This statistic indicates that there is a significant upward trend in the demand for drone services specifically in surveillance applications worldwide, with the demand projected to increase at a compound annual growth rate (CAGR) of 44.9%. This suggests a rapid expansion in the use of drones for surveillance purposes, likely driven by factors such as technological advancements, increasing security concerns, and cost-effectiveness compared to traditional methods. The high CAGR implies that there is a growing market opportunity for drone service providers in the surveillance sector, making it a promising and lucrative industry for investment and innovation.
The agriculture industry is forecasted to capture a significant share of the global drone services market in 2025.
The statistic suggests that by the year 2025, the agriculture industry is expected to dominate a significant portion of the global drone services market. This projection indicates that agricultural businesses are increasingly turning towards utilizing drone technology for various purposes such as monitoring crop health, spraying chemicals, and optimizing irrigation practices. The forecasted trend underscores the growing recognition within the agriculture sector of the benefits and advantages drones bring in terms of increased efficiency, precision, and cost-effectiveness, ultimately positioning agriculture as a key player in the evolving landscape of drone services worldwide.
In 2019, the drone service provider market saw a surge of 58% in the volume of business.
The statistic stating that the drone service provider market experienced a surge of 58% in business volume in 2019 indicates a substantial growth within the industry over the specified period. This growth could be attributed to various factors such as increasing demand for drone services across multiple sectors including agriculture, construction, and delivery services. The sharp increase in business volume implies that drone technology is becoming more widely adopted and accepted, leading to a significant market expansion. This statistic underscores the potential opportunities and market dynamics within the drone service industry, highlighting the trend towards leveraging drones for various commercial applications.
The major global players in the drone service market, who captured over half (55.9%) of the market share as of 2018.
The statistic indicates that a select group of prominent companies within the drone service industry collectively held a substantial portion, specifically 55.9%, of the market share in 2018. This suggests a high level of market concentration and dominance by these key players in providing drone-related services on a global scale. The fact that they accounted for more than half of the market share highlights their significant influence and competitiveness within the industry. This information could be valuable for potential investors, competitors, or stakeholders looking to understand the market dynamics and key players shaping the drone service sector at that time.
Drone-powered solutions in the power and utilities sector have grown by 56.2% in recent years.
The statistic ‘Drone-powered solutions in the power and utilities sector have grown by 56.2% in recent years’ indicates a significant increase in the use of drone technology within the power and utilities industry. This growth of 56.2% suggests that more companies within the sector are adopting drone-powered solutions for various applications such as infrastructure inspection, maintenance, and monitoring. The surge in drone usage is likely driven by the benefits of increased efficiency, cost-effectiveness, and safety that drones offer for tasks that are traditionally labor-intensive or pose safety risks to human workers. This statistic underscores the industry’s recognition of the value that drone technology can bring to enhance operations and decision-making processes in the power and utilities sector.
The drone services market in Asia-Pacific is projected to grow at the highest rate of 56.5% from 2020 to 2025.
This statistic indicates that the drone services market in the Asia-Pacific region is expected to experience significant growth over the five-year period from 2020 to 2025, with a projected growth rate of 56.5%. This rapid expansion suggests an increasing demand for drone technology and related services in various industries across countries in Asia-Pacific. The growth rate of 56.5% signifies the potential opportunities for businesses operating in the drone services industry to capitalize on this upward trend and expand their market presence in the region. Factors driving this growth may include advancements in drone technology, increasing applications of drones in sectors such as agriculture, construction, and logistics, as well as supportive government policies promoting the use of drones for commercial purposes in the region.
In 2019, North America contributed around 30% to the global drone services market revenue.
The statistic indicates that North America accounted for approximately 30% of the total revenue generated in the global drone services market in 2019. This suggests that North America was a significant player in the industry, contributing a sizeable portion of the overall market value. The high revenue share from North America implies that the region likely has a strong demand for drone services, making it an important market for companies operating in the drone industry. It also suggests that North America could be home to a number of leading drone service providers or have a large number of drone operations taking place within its borders. Overall, the statistic highlights the economic importance of North America in the global drone services market landscape.
Approximately 70% of registered drones in the USA are consumer drones, while the rest are business drones.
The statistic indicates that consumer drones make up approximately 70% of the total number of drones registered in the USA, with business drones accounting for the remaining 30%. Consumer drones are typically purchased and operated for recreational purposes such as photography, videography, and leisure flying. On the other hand, business drones are used for commercial activities such as aerial surveying, infrastructure inspections, agriculture monitoring, and package delivery. The division between consumer and business drones highlights the diverse applications and users of drone technology in the US market, with consumer drones being more prevalent but business drones playing a significant role in various industries.
The global market of drone-powered business operations was valued at $127.3 billion in 2020.
The statistic stating that the global market of drone-powered business operations was valued at $127.3 billion in 2020 indicates the substantial economic significance and growth potential of drones in various industries. This value represents the total revenue generated from using drones for commercial purposes such as aerial photography, surveying, infrastructure inspection, agriculture, and delivery services. The increasing adoption of drone technology by businesses around the world underscores the benefits of efficiency, cost-effectiveness, and safety that drones offer. As the market continues to expand and evolve, it presents opportunities for innovation and economic advancement in sectors that leverage drone capabilities.
By 2025, the agriculture drone market is predicted to reach $1.3 billion worldwide.
The statistic “By 2025, the agriculture drone market is predicted to reach $1.3 billion worldwide” forecasts that the total market value for drone technology used in agriculture will grow to $1.3 billion by the year 2025. This suggests a significant increase in the adoption and use of drones in agricultural operations globally. Agricultural drones are equipped with various sensors and imaging capabilities that can monitor crop health, optimize field management, and improve overall agricultural productivity. The projected growth in the market indicates the increasing recognition of the benefits and efficiencies that drones can bring to the agricultural industry, leading to investments in this technology for enhancing farm operations and sustainability.
The commercial drone market is expected to exceed $17 billion by 2024.
The statistic states that the commercial drone market is projected to grow significantly and reach a value of over $17 billion by the year 2024. This indicates a substantial increase in the demand for drones for commercial purposes such as aerial photography, surveying, monitoring, delivery services, and agriculture. The rapid expansion of this market is likely driven by advancements in drone technology, increased awareness of the benefits of using drones in various industries, and regulatory changes that are facilitating the integration of drones into commercial operations. This growth potential represents opportunities for companies operating in the drone industry, as well as for businesses looking to leverage drone technology to enhance their operations and services.
California, Florida, and Texas have the highest number of certified drone pilots in the USA, as of 2019.
The statistic “California, Florida, and Texas have the highest number of certified drone pilots in the USA, as of 2019” indicates that these three states have the largest concentrations of individuals who have received official certification to operate drones within the United States. This statistic suggests that California, Florida, and Texas likely have stronger drone industries or more favorable conditions for individuals to pursue certification compared to other states in the country. The high number of certified drone pilots in these states may be driven by factors such as geographic landscape, climate suitability for drone operations, availability of drone training programs, job opportunities in industries that utilize drones, or regulatory frameworks that support drone certification and operations.
Drone usage for filming and event photography is projected to have the largest share of 37.2% by 2022.
This statistic indicates that the use of drones for filming and event photography is expected to grow significantly by 2022, capturing the largest market share of 37.2%. This projection suggests that the demand for drone technology in the videography and photography industries is increasing rapidly due to its ability to capture unique perspectives and aerial shots efficiently. The rising popularity of drones for capturing events, such as weddings, sports competitions, and music festivals, highlights the versatility and convenience of these devices in providing high-quality and captivating imagery. As technology continues to advance and drones become more affordable and accessible, their usage in the field of filming and event photography is poised to continue expanding.
The Middle East and Africa drone services market is expected to grow at a rate of 33.47% from 2021 to 2026.
The statistic states that the Middle East and Africa drone services market is projected to experience significant growth at a rate of 33.47% between the years 2021 and 2026. This indicates a strong upward trend in the adoption and utilization of drone services in industries such as agriculture, construction, oil & gas, and infrastructure development across the region. Factors driving this growth may include technological advancements in drone capabilities, increasing awareness of the benefits of using drones for various applications, and favorable regulatory environments. Companies operating in the drone services sector can potentially capitalize on this growth opportunity by expanding their presence and offerings in the Middle East and Africa markets.
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