Goldstein Market
Date of publication: 30 March 2020
Drone Services Market Worth $ 9.4 Billion by 2024
According to Goldstein Research, the global drone services market is expected to reach USD 9.4 billion by 2024
According to Goldstein Research, global drone services market is expected to reach USD 9.4 billion by 2024 from USD 0.850 billion in 2015, growing at a CAGR of 57.8% over the forecast period through 2024. Expanding applications of commercial drones in various industries is one of the major factors driving the growth of drone's services market. Global drone services market segmentation has been done on the basis of service type, end-user and geography. Military drone market is the most mature market for the drones and its services. Rising need of drone services for search and rescue operation in military and law enforcement bodies strengthen the growth of drone service market in government sector.
Global drone services industry is largely dominated by North America with more than 40% share in global market. In U.S more than 325,000 drones were registered in FAA, and it is estimated that more than 6 million drones will be shipped to U.S by 2020. Europe is the second largest market with more than 28% share in global drone services market.
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Market Segmentation

On the basis of our in-depth analysis, Global Drone Services Market can be segmented as follows:

By Service Type

  • 3D Monitoring
  • Aerial Mapping
  • Facility Inspection
  • Aerial Photography and Videography
  • Stockpile Measurement
  • Other

By End-Users

  • Agriculture
  • Real-Estate
  • Engineering and Construction
  • Mining
  • Oil & Gas
  • Education
  • Media and Entertainment
  • Law Enforcement
  • Other

By Region

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion, Adoption Rate (%)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
  • Rest of the World {Market Share (%), Market Size (USD Billion), Adoption Rate (%)}
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 “Global Drone Services Market Outlook 2024” by Goldstein Research contains detailed overview of the global drone services market in terms of market segmentation by service type and end-user.
Further, Global Drone Services Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This market report also includes competitive outlook of some of the major players profiling of companies such as Drone Deploy, ABJ Drones, AeroVironment Inc., Workmode, Sky-Future Ltd., Flyworx, Avetics, Hawk Aerial, Airware, Aerobo, SenseFly Ltd., Cyberhawk Innovations Ltd., Trimble UAS, Precision Hawk, CAT UAV, etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments.
Overall, the report represents the global drone services market size along with market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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