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.
This research report titled ˜Global Commercial Drones Market 2018-2022 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.
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The global commercial drones market analysis categorizes the market into the following products:
- Software and services
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.
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Technavios report provides expert market research on the following topics:
- Market Outline
- Global Commercial Drones Market Overview
- 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 classification
- Market positioning of vendors
- Competitive scenario
- Analysis of top vendors (3D Robotics, Aeryon Labs, DJI, Parrot, and Strat Aero)
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