Global Commercial Drone-enabled Services Market 2016 Landscape and Growth Prospects Analysis by 2020

This analysts forecast the global commercial drone enabled-services market to grow at a CAGR of 35.47% during the period 2016-2020. Drones are UAVs that are flown and controlled using handheld or GPS remote controls. The accelerometers attached to the drones help in controlling the drone while it is flying. Drones are used for surveillance, rescue missions, high-altitude photography, natural or man-made disaster management, product delivery, monitoring, internet connectivity, and photography and entertainment.

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The report covers the present scenario and the growth prospects of the global commercial drone enabled-services market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of commercial drone-enabled services.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

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The following companies are the key players in the global commercial drone enabled-services market: 3D Robotics, AeroVironment, DJI, Leptron, Parrot, PrecisionHawk, and Trimble UAS. Other prominent vendors in the market are: Airdog, Airware, Alibaba.com, Amazon.com, Delair-Tech, Delta Drone, DHL Express, DroneDeploy, ECA Group, Facebook, Freeport-McMoRan, Google, GoPro, Hexo+, Hoovy, Microdrones, Oceaneering International, Redbird, SURVEY Copter, and VDOS Global.

One of latest trends in the commercial drone enabled-services market is emergence of drone racing as major sport event. The use of consumer drones for sports is increasing with its growing popularity. Mountain Dew, a carbonated soft drink brand produced and owned by PepsiCo, and DR1 Racing organized a drone race in August 2016. The event used 12 of the world’s top drone-racing pilots. They controlled the drones from the top of the dam and maneuvered them around a large number of obstacles while flying them at speeds of more than 75 miles per hour. The race included various heats, qualifiers, and finals over the course of two days. The race was sponsored by Mountain Dew and was broadcasted globally through international sports networks like ESPN and the International Drone Racing Association. They broadcasted the event live on cable TV. A one-hour broadcast aired on Discovery Communication’s Discovery and Science channels. With drone racing gaining more popularity, the market is expected to experience significant growth during the forecast period.

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