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.
Geographically, the global drones data services market is segmented on the basis of four major regions, namely, North America, Europe, Asia Pacific and the Rest of the World.
This regional segment of drones data services market is dominated by North America region. In North America, drones are used for some applications across various commercial sectors including agriculture, oil & gas, and construction, among others, which are providing for the largest share of revenue for this market. The prominent nation in North America with maximum growth in the United States. In 2018, the U.S. acquired the highest market share XX% in the North American region. Canada is another prominent country in North America with a substantial market share of XX% in 2018.
On the flip side, Asia Pacific region is expected to surge with the fastest growth rate during the forecasted period.
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.