In 2022, the market for enterprise drone management systems is anticipated to be worth US$10,843.3 million. It is anticipated to have tremendous growth at a CAGR of 17% throughout the forecast period, reaching US$ 52,295.6 million in 2032.
Businesses today are quickly embracing the idea of drones as the most adaptable equipment, capable of performing a wide range of jobs. Businesses operating in a variety of industries around the world are preparing for the increased demand to manage their operations, including product deliveries, warehouse management, stocking, transportation, and distribution, more effectively. Investing in drone fleets and drone management tools looks to be a solid strategy for accelerating and automating the process!
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Leading tech companies are paying millions to create sophisticated platforms for managing and controlling each task carried out by a drone, particularly in the commercial sector. These platforms are made to offer resources for creating sophisticated drone applications and managing them along with drones in real-time.
These platforms make it possible to effectively control several drones that fly or even function on land, water, and other surfaces. Drone systems can even interface with the cloud using cloud-based technology to efficiently complete jobs.
Enterprise Drone Management solution Market: Drivers and Restraint
According to studies, the emerging global market for business services using drones is valued at over $127 bn. Global Commercial Drone Market is projected to grow at a CAGR of over 27% during 2016-2021. In 2015, North America and Europe cumulatively accounted for a market share of more than 60% in the global commercial drone market.
Growth in the commercial drone market is largely dependent on policy and regulatory framework in various major developing and developed countries across the globe. Over the next decade, rapidly evolving drone technology is expected to transform the conventional way of doing business in various sectors.
Evolving regulatory policy framework, increasing commercial applications of drones across various end-use sectors, coupled with advancements in drone technologies are projected to propel growth in global commercial drone market in the ensuing years.
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Enterprise Drone management solution market: Region wise outlook
With US being the largest market for commercial drones, the civil aviation body of the US, Federal Aviation Administration, has constantly been making amendments in policies and regulations for use of commercial drones in the country. Moreover, frequent modifications in the regulatory policies by European Aviation Safety Agency (EASA) over the last few years has also been positively influencing the drone industry.
Asia Pacific stands to witness high proliferation of commercial UAVs over the forecast period. Countries such as Japan and Australia have emphasized on the use of UAVs in agriculture.
Enterprise Drone management solution Market: Key Players
Some of the popular drone management tools include DroneDeploy, Skycatch, Fluttrbox, Airware, among several other
Regional analysis for Global Enterprise Drone Management solution Market includes
- North America
- US
- Canada
- Latin America
- Argentina
- Mexico
- Brazil
- Rest of Latin America
- Europe
- Western Europe
- EU5
- Nordics
- Benelux
- Rest of the Western Europe
- Eastern Europe
- Poland
- Russia
- Rest of the Eastern Europe
- Asia Pacific
- Australia and New Zealand (A&NZ)
- China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- The Middle East and Africa
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
- Western Europe
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Enterprise Drone Management solution Market: Segmentation
Based on its application in various industry sectors, it could be further segmented as:
- Agriculture
- Aerial surveillance
- Disaster relief
- Oil & Gas exploration
- Environment monitoring
- Production
- Manufacturing
- Supply chain and Logistics
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