The global drone analytics market, which generated revenue of $2,614.3 million in 2019, at a 29.8% CAGR between 2020 and 2030. Majorly being utilized for capturing and processing data, including images, maps, and 3D models, such solutions help in converting the information to actionable insights, with the use of machine learning (ML) and data analytics, thus providing quick decision- making capability to organizations.

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North America was the highest-revenue-generating region in the drone analytics market during the historical period, on account of the quick adoption of UAVs for enhanced surveillance and inspection, integration of such airborne platforms with advance technologies, such as internet of things (IoT), ML, and computer vision, and increasing focus of the oil & gas, energy & utilities, and agriculture sectors on monitoring undesirable incidents and taking immediate actions.

In the coming years, Asia-Pacific (APAC) would observe the fastest drone analytics market growth, owing to the quick industrial digitization, growing demand for drones by media & entertainment companies, for videography, legalization of UAVs in numerous countries, surging focus of the agricultural sector on digital imaging, and expansion of the operations of global market players in the region.

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The 3D modeling category would witness the highest drone analytics market CAGR, of 34.0%, in the coming years. This is credited to the rapid uptake of UAVs for creating 3D models, as such platforms can capture oblique pictures. Drone analytics solutions convert high-resolution images to 3D models, more cost-effectively compared to traditional aircraft. These models are ultimately used by the construction and architecture industry for making accurate maps.