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Global Commercial Drones Market 2018-2022 | Software and Services Segment Dominates the Global Market | Technavio

September 26, 2018

LONDON--(BUSINESS WIRE)--Sep 26, 2018--According to the global commercial drones market research report released by Technavio, the market is expected to accelerate at a CAGR of more than 36% during the forecast period. The increasing investments in commercial drones are one of the key drivers for the commercial drones market.

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According to the global commercial drones market research report by Technavio, the market is expected to grow at a CAGR of over 36% until 2022. (Graphic: Business Wire)

This research report titled ’ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time only:

The global commercial drones market analysis categorizes the market into the following products:

Software and services Hardware

In 2017, the software and services segment accounted for over 54% of the commercial drones market share and is projected to decline to almost 53% share by 2022, exhibiting almost 1% decrease in market share.

Global commercial drones market: Top emerging trend

The growing use of artificial intelligence (AI) is an emerging trend in the commercial drones market. Drones can identify detrimental flight conditions and bypass them by using machine learning and AI. Additionally, machine learning will permit drones to capture data, analyze it, and make decisions based on the data. The agriculture and construction sectors are expected to be benefitted by the gradual shift to AI. The incorporation of machine learning and AI in drones used in the construction sector will allow the generation of automated safety reports and stockpile analysis.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio’s report provides expert market research on the following topics:

Executive Report

Market Outline Global Commercial Drones Market Overview

Market Insights

Market Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends

Market Segmentation Analysis

Regional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by product (software and services and hardware) Market segmentation by end-user (infrastructure sector, agriculture sector, public safety sector, energy sector, media and entertainment sector, and insurance sector)

Vendor Landscape

Vendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (3D Robotics, Aeryon Labs, DJI, Parrot, and Strat Aero)

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20180926005958/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD: EUROPE ASIA PACIFIC NORTH AMERICA SOUTH AMERICA AFRICA MIDDLE EAST

INDUSTRY KEYWORD: TECHNOLOGY CONSUMER ELECTRONICS HARDWARE SOFTWARE PROFESSIONAL SERVICES OTHER PROFESSIONAL SERVICES

SOURCE: Technavio Research

Copyright Business Wire 2018.

PUB: 09/26/2018 03:40 PM/DISC: 09/26/2018 03:40 PM

http://www.businesswire.com/news/home/20180926005958/en

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