The global drone imaging services market is expected to secure a valuation of US$ 617.6 million in 2023. During the forecast period of 2023-2033, the market for drone imaging services is expected to exhibit a CAGR of 18.7% and reach US$ 3,429 million by the end of 2033.

The drone imaging services market is driven by increasing drone utility in search & rescue operations, demand for military operations, and surging infrastructure development.

With the substantial rise in natural disasters, drone imaging services are utilized by search & rescue teams to offer quick search and aerial support to people stuck in an adverse situations. It prominently maps the entire search zone and identifies possible places to find the missing person.

The substantial rise in infrastructure development, like buildings, bridges, railway tracks, and others, is stimulating the demand for drone imaging services worldwide. As it is a cost & time-efficient solution for the engineers to monitor the infrastructure during the construction & post-construction process. Also, in the real estate industry, drone photography services help in marketing the property for the agents to the buyers by taking standardized visuals of buildings and other places from different angles.

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Key Takeaways from the Market Study:

• During 2023-2033, the market will expand with a CAGR of 18.7%
• Among regions, East Asia exhibits the fastest growth with a CAGR of 19.8%
• Entertainment & recreational holds about 17.0% of share in end-use industry segment.
• The global drone imaging services market growth was about 9.7% during 2018-2022.

“Growing infrastructure development to create lucrative opportunities for the market growth,” says a Fact.MR analyst.

Market Development

The drone imaging services market is highly fragmented with the presence of various small & large market players in the market. This impacts high competitive intensity in the industry. The market players are taking rigorous moves to enhance their global footprint and expansion of consumer base. Acquisition and service launch are key initiatives has been taken by market players resulting positively in the market expansion during the forecast period.

Key Companies Profiled:

3DroneMapping; ABJ Drones; Aerial Robotix; AerialWorks Inc.; AERIUM Analytics; Aerodrome; Aeroview Services; Aeroworks Productions; Aivia Group; AUAV; Avian UAS; Dronegy; DJM Aerial Solutions; DDC Smart Inspection; Falconviz

Industry News:

1. ·In April 2021, Altavation made a strategic move to launch on-demand, nationwide drone imaging services tailored for the real estate sector. This initiative enables real estate agents across the United States to easily access the company's services through online platforms.
2. ·In July 2020, AeroVisionz introduced its aerial drone photography and videography services in Perth, Australia. The company announced that it will primarily focus on serving sectors such as real estate, construction, crop monitoring, sports, and more.

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More Valuable Insights

Fact.MR, in its new offering, presents an unbiased analysis of the global drone imaging services market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.

The study reveals essential insights on the basis of customer type (residential and commercial), end-use industry (energy, construction, transportation & warehouse, agriculture, mining, oil & gas extraction, public administration, real estate & industrial plant, entertainment & recreational, safety & security, educational services, waste management and healthcare & insurance) across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

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