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Rising Non-Civilian UAV Usage Driving Demand for Drone Analytics Software

Earlier majorly used by the military of developed countries for remote reconnaissance and attack operations, drones, technically known as unmanned aerial vehicles (UAV), are finding application in many non-military sectors, such as manufacturing, mining, disaster management, and even sports & entertainment. This is credited to the decreasing cost of such aerial platforms and governments formulating policies and permitting their civilian usage.

UAVs are now being used for monitoring construction and excavation progress at mines, mapping the earth’s topography, assessing physical damage to properties, and tracking the growth of crops. As a result of the increasing application of UAVs, P&S Intelligence says that the drone analytics market, which generated $2,614.3 million in 2019, will experience a massive 29.8% CAGR between 2020 and 2030 (forecast period). This is because all the photos and videos taken from drones need proper software to be analyzed, in order to gain real-time insights and make effective decisions.




As UAV imagery and monitoring results in higher efficiency, reduced production costs, lower workload, and improved safety, the usage of drones for capturing and creating images, 3D models, and maps is rising, thus pushing up the demand for analytics software. With the expanding application base of UAVs, advancements are being carried out in their technology and analytics software to support beyond-visual-light-of-sight (BVLOS) operations.

Get the Sample Copy of this Report @ https://www.psmarketresearch.com/market-analysis/drone-analytics-market/report-sample

As the term suggests, this includes the operation of drones in far-off areas, being controlled from a central station. For instance, FlytBase Inc., a drone analytics solution vendor based in the U.S., introduced the FlytGCS cloud-based UAV solution in April 2019, which allows for BVLOS operations and offers 5G connectivity, fleet management, mission planner, and remote gimbal control features, which allow the UAV to be controlled via a mobile application.

This market research report provides a comprehensive overview of the market
  • Future potential of the market through its forecast for the period 2020– 2030
  • Major factors driving the market and their impact during the short, medium, and long terms
  • Market restraints and their impact during the short, medium, and long terms
  • Recent trends and evolving opportunities for the market participants
  • Historical and the present size of the market segments and understand their comparative future potential
  • Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings
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