Portland, OR, Oct. 12, 2021 (GLOBE NEWSWIRE) — According to the report published by Allied Market Research, the global drone analytics market was estimated at $2.71 billion in 2020 and is expected to hit $28.57 billion by 2030, registering a CAGR of 29.2% from 2021 to 2030. The report provides an in-depth analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive scenario, and wavering market trends.
High demand for drone analytics in commercial applications and growing capital investments for the development of new and advanced drone software drive the growth of the global drone analytics market. On the other hand, rise in concerns over cyber security and data security and several restrictions enforced by different government bodies impede the growth to some extent. However, incorporation of the internet of things (IoT) in drones and high adoption of autonomous drones are expected to create lucrative…
