Driven by the rising demand for drone services, especially in the commercial sector, the global drone services market will report a strong CAGR. Exhibiting a whopping CAGR, the global drone services market will spawn into a multi-billion dollar industry by the end of 2024, forecasts the market study. The report is compiled with the intent of identifying opportunities in the global drone services market. It covers the growth drivers and challenges that are expected to impact the market’s trajectory between 2016 and 2024.

The global drone services market is segmented based on various parameters for the purpose of the study. The report therefore covers the market based on industry, duration of services, and geography and studies factors influencing its growth across the aforementioned segments. Information obtained from trusted industrial sources are included in the report to help readers get a better perspective about the global drone services market. It is presented in a logical chapter-wise format and interspersed with relevant graphs and statistics to support information divulged.

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On the downside, lack of skilled personnel for operating drone and stringent policies regarding drone operations especially in civil aerospace are a few challenges posing threat to the global drone services market. Nevertheless, the rising demand from infrastructure and construction segments to get better overview of sites using comparatively inexpensive yet modern technology will boost the demand for drone services in the coming years. For instance, leading construction industries are using drones to monitor construction progress by capturing images of topographic surveys.

Among the various application segments, the market is expected to witness a considerably high demand for aerial photography and remote sensing. The capability of drones to capture high resolution aerial data even in complex areas will therefore bolster their uptake across diverse industries.

To provide a holistic overview, the report covers companies such as Aerobo, Airware, Inc., Sky Futures Ltd., Cyberhawk Innovations Ltd., SenseFly Ltd., DroneDeploy Inc., and Sharper Shape Inc. are some of key enterprises providing drone services. Strategies adopted by the leading players aimed at boosting operations have a profound impact on the overall market. The report therefore includes a detailed assessment of the strategies adopted by these companies. It evaluates their strengths and weaknesses using SWOT analysis, which also provides insights into opportunities and threats that the companies might witness in the future.

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