The global drone analytics market size was USD 3.93 Billion in 2022 and is expected to register a revenue CAGR of 31% over the forecast period, according to the latest report by Reports and Data.

One of the primary reasons driving revenue development in the drone analytics market is the need for effective and accurate crop monitoring and management in agriculture. Farmers may utilize drones equipped with sensors and cameras to collect real-time data on crop health, soil conditions, and weather patterns to increase agricultural production and save expenses. As a result, precision agriculture is increasingly using drone analytics, which is driving market revenue growth.

Drones are increasingly being utilized in the construction industry for surveying, mapping, inspection, and monitoring of building sites, which is driving revenue growth in the drone analytics market. Drones may provide 3D models, topographic maps, and high-resolution aerial photographs, providing real-time updates on project status and possible issues. Drone analytics are becoming more popular as a consequence of increased efficiency, lower costs, and increased safety in construction projects.

Drones are also being used more frequently in the mining industry to monitor and survey mining sites, which has reduced the need for manual labour and increased safety. Drones equipped with advanced sensors and cameras may gather data on mining activities, such as exploration, mapping, and stockpile management, and can provide insightful information for improved resource management.

Drone usage for inspection and monitoring of pipelines, rigs, and other infrastructure in the oil and gas sector has significantly risen in recent years due to their ability to visit hard-to-reach places and transmit real-time data. Drones using thermal imaging sensors can find leaks and other anomalies, reducing the probability of accidents and environmental harm.

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The information and communication technology sector is rapidly gaining traction owing to rapid technological advancements, high demand for smartphones, laptops, computers and other modern electronic devices, and increasing adoption of latest technologies such as Artificial Intelligence (AI), Internet of Things (IoT), and cloud services. The ICT sector consists of several sections, software, hardware, telecommunications and other services. Factors such as increasing demand for advanced ICT services in BFSI, agriculture, retail, hospital and healthcare, rapid adoption of digitalization, rising number of internet users and high demand of advanced services and devices are expected to drive global market revenue growth during the forecast period. Other factors such as increasing need for managing large data base, rising concerns about data security and increasing investments in RD activities are expected to boost market growth during the forecast period.

Competitive Landscape:

Competitive landscape of global Keyword market is quite fragmented with regional and global key players. These market players are involved in various strategies including mergers and acquisitions, collaborations, new product launches or corporate deals to retain their market position and expand their product portfolio.

some leading companies operating in the global Keyword market:

DJI, DroneDeploy, AgEagle Aerial Systems, Esri, 3DR, Pix4D, Airware, SenseFly, Hexagon AB, and AeroVironment, Inc.

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The global market is further segmented into type and application:

Application Outlook (Revenue, USD Billion; 2022 - 2032)

• Power Utility
• Construction Infrastructure
• Oil Gas
• Agriculture
• Transportation Logistics
• Others

End-use Outlook (Revenue, USD Billion; 2022 - 2032)

• Monitoring Inspection
• Mapping Surveying
• Crop Management
• Disaster Management
• Others

Deployment Outlook (Revenue, USD Billion; 2022-2032)

• On-Premise
• On-Demand

Regional analysis provides insights into key trends and demands in each major country that can affect market growth in the region.

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., Italy, France, BENELUX, Rest of Europe)
• Asia Pacific (China, India, Japan, South Korea, Rest of APAC)
• Latin America (Brazil, Rest of LATAM)
• Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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