Drone-Powered Business Solutions Market Size, Share, Growth, Trends and Industry Analysis Report
by Susan Hill Business ConsultantThe global drone-powered business solutions market size is
anticipated to reach USD 84.31 billion by 2025, according to a new report by
Grand View Research, Inc. Drones have now moved past the hobby realm and are
increasingly being used for a wide range of applications. Businesses across the
world are exploring new applications of drones in their day-to-day operations.
Real-world applications for Unmanned Aerial Vehicles
(UAVs) are expanding faster than ever across a broad range of industries,
mainly due to the relaxation of some stringent regulations governing their use
and robust investments. Responding to the rapidly evolving drone technology,
various companies across the world are now creating new business and operating
models for drone-based services.
The integration of drones into day-to-day business
is presumed to significantly benefit agriculture, mapping and surveying,
infrastructure maintenance, inspection, security & surveillance, and
large-scale capital projects. Mining and insurance are expected to leverage the
potential expansion of integrating drones into their operations to drive
process improvement by gaining easy accessibility to high-quality data.
Businesses across the world are seeking to purchase
data and information services rather than investing directly in the equipment.
Innovative companies are rapidly exploring the usage of drones in aerial
firefighting and emergency situations as well as to aid in the design of
infrastructure and residential/commercial complexes.
Further
key findings from the report suggest:
- Commercial
drones and their applications are expected to become the next big
export product for many European companies.
- Drone service providers are now shifting their focus to data
collection and processing due to limitations and difficulties in day-to-day
data capturing operations, which, in turn, reduces the ability to scale
business.
- Legislative and regulatory aspects of drone operations are presently
the key factors propelling the adoption of drone-powered business solution
by various organizations across the world.
- Bowing out of managing their in-house fleets of drones has been
observed as an emerging trend among organizations. Instead, organizations
are contracting with third-party service providers under the Drone as a
Service (DaaS) license.
- Poland was the pioneer to roll-out a legislation regarding the
commercial application of drones, including insurance regulations, rules
for Beyond Visible Line of Sight (BVLOS) flights, and required training
for pilots, followed by Singapore and South Africa.
Access
full research report on global drone-powered business solutions market:
www.grandviewresearch.com/industry-analysis/drone-powered-business-solutions-market
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Created on Jan 29th 2020 01:08. Viewed 313 times.