PUBLISHER: IMARC | PRODUCT CODE: 1819872
PUBLISHER: IMARC | PRODUCT CODE: 1819872
The global drone-powered business solutions market size reached USD 3,835.6 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 50,719.2 Million by 2033, exhibiting a growth rate (CAGR) of 31.57% during 2025-2033.
Drones are aircraft without crew, human pilots, or passengers. They fly remotely in set routes according to commands transmitted by onboard computers or the user. They are widely used in business settings that require both high-quality data and mobility, ranging from broad capital projects to infrastructure maintenance. They also support strategic advisory for start-up companies and government authorities and image data processing and analytics delivering technical products and reports. Nowadays, numerous companies are developing apps that integrate, manage, and provide data collected by drone-powered business solutions in a convenient, easy-to-use web browser interface. This data assists in measuring and analyzing geospatial data.
Drone-powered business solutions can address issues faced by different organizations in managing their assets dispersed over large areas. This represents one of the significant factors stimulating the market growth. Besides this, they are employed in the agriculture sector to compile plant count and calculate fair crop loss percentage. They are also used for crop supervision and maintenance during precision farming. Additionally, as governing authorities of several countries are focusing on enabling Beyond Visual Line of Sight (BVLOS) and automated flights, the sales of drone-powered business solutions are increasing worldwide. They also aid in three-dimensional (3D) video mapping, land audit, and town planning. Apart from this, travel restrictions due to the coronavirus disease (COVID-19) outbreak are propelling the need for these business solutions to support transactions with remote asset insights. The incorporation of cloud computing, data analytics, and artificial intelligence (AI) is also offering lucrative opportunities for key market players. These players are currently focusing on innovating these solutions to expand their utilization in delivering medical supplies.
The competitive landscape of the industry has also been examined along with the profiles of the key players being 3D Robotics Inc., Cyberhawk Innovations Ltd., Delair, DroneDeploy, Eagle Eye Drone Service LLC, FlyWorx LLC, Phoenix Drone Services LLC, Pix4D SA (Parrot SA), PrecisionHawk and Skylark Drones.