Drone Service Market - Trends Forecast Till 2028

Market Overview

The drone services market size is expected to reach USD 13.9 Billion in 2021, at a CAGR of 25.4% during the forecast period.

Drones are utilized in the transportation of goods and passengers worldwide depending on the requirement of various industries such as tourism, logistics, and defense industries. They form a part of the investment of an organization owing to huge maintenance costs and operating costs apart from the immense procurement costs associated with an unmanned aerial vehicle (UAV).

Increased innovation, and reduced drone costs and the development of automation technologies are some of the factors that have supported long-term expansion for Drone Service Market.

Drones have proved to be an ideal solution for offering various services during the COVID-19 pandemic. From prompt delivery at peak hours and dispensing medicines and essentials to remote areas to screening an inaccessible location, drones are gradually demonstrating high work efficiency and productivity. Nevertheless, due to its low adoption, numerous countries have missed out on the potential of drone technology. The outbreak and widespread of the pandemic have led to an increase in demand for and use of drones.

Regional Analysis

North America is estimated to account for the largest share of the drone services market in 2021. Drone services is an evolving market for services offered for flying drones that can be remotely controlled or flown autonomously by integrating software-controlled flight plans into their embedded systems.

Insights are provided for each region and major countries within the regions

Competitive Landscape

Key Players

• Edall Systems
• Precisionhawk
• Cyberhawk
• Vermeer
• Ageagle Aerial Systems
• Sky-Futures Ltd.
• Sensefly Ltd.
• Sharper Shape Inc.
• Dronedeploy Inc.
• Indentfied Technologies
• Terra Drone Corporation
• The Sky Guys
• Deveron Uas Corp.
• Zipline
• Matternet Inc.
• Aerodyne Group
• Filrtey
• Dronebase
• Dronegenuity
• Mistras Group Inc.
• Aerovironment
• Hemav
• Skycatch
• Australian Uav Pty Ltd. (Auav)
• Skyspecs
• Arch Aerial LLC

Recent Developments

• In June 2021, Aerodyne Group publicized a collaboration to deliver global Drone-as-a-Service (Daas) and Software-as-a-Service (SaaS) solutions in the Italian asset inspection market for infrastructure maintenance and the agriculture (service offerings) sector.
• In June 2020, Cyberhawk announced that it has acquired a 5-year, multimillion-dollar software contract with Royal Dutch Shell PLC (Shell).

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Report Scope