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The Global Drones Data Services Market is estimated to grow at a CAGR of 44.11% between 2019 and 2027. Get a free sample report now!!
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GLOBAL DRONES DATA SERVICES MARKET FORECAST2019-2027
A cloud-hosted data storage infrastructure implements data visualization with the help of web services to manage core programming logic; these particular web services are tagged with a new term called data services. • Essentially, a drone is an unmanned aircraft, or a robot and is more formally known as unmanned aerial vehicles (UAVs) or unmanned aircraft systems (UASes). • They require data services to carry out software controlled as well as remotely controlled flight plans in their embedded systems working in conjunction with onboard sensors and GPS. • The global consumer drones data services market develops drones for utilities outside of the military sector and is rapidly increasing its market growth with a CAGR of 44.11% between 2019 and 2027.
Advancement in the utility of drones for a variety of operations in industries, the surge in the numbers of industries implementing data, focus on cost effectivity & safe replacement for employees in hazardous industries, etc. are the key drivers that are accountable for the market advancement. • There are several hindrances associated with the limited growth of the global drones data services market. Some of them are the stringent laws in some countries, energy endurance of UAVs, cyber-security might be a growing concern for drones data services, cyber attacks causing a breach of personal as well as sensitive data etc.
“The Global Drones Data Services is estimated to grow at a CAGR of 44.11% between 2019 and 2027. The base year considered for the study is 2018.”
North America is the largest regional market for drones data services, accounting for a revenue share of 44.85%. Due to the increased technology adoption in the US, this market is proliferating very rapidly.
The Europe drones data services market is projected to reach $XXX million by 2027 and is expected to spearhead forward with a CAGR of 43.87% from 2019 to 2027.
Asia Pacific region is anticipated to roll with the fastest growth rate during the forecasted period, registering a CAGR of 47.29% from 2019 to 2027.
Company profiles of the prominent market players are discussed in details in the report. The prominent contributors to the global drones data services market are Intel Corporation, Autodesk, Inc., Lockheed Martin, Bentley Systems, Harris Corporation, Parrot S.A., 3D Robotics, Inc., DJI, Aerovironment Inc., Bae Systems, Dronedeploy, Kespry, Airbus, Boeing and FLIR Systems Inc.