Increasing numbers of companies are becoming active in the drone sector. The last few years have seen the development of a real market that provides a diverse range of platforms with specific applications.
Drone data security is in a very early stage – not in terms of infrastructure and opportunities, but in terms of adoption. Now, let us paint the bigger picture and put drone data security into context.
Drone investment trends are strong indicators to predict the future of the drone industry. The low price of drones and ability to carry sensors, quickly triggered adoption throughout many industries. Meanwhile, the commercial drone market created an entire eco-system attracting large investments.
Drone service providers have been around for a while now – time to showcase the scale on which drones are being put to work today! The commercial drone market changed a lot over the last years – we saw how hardware lost its leading position and has been displaced by drone services and drone software solutions. This development can be seen in the evolutionary changes in the investment market and in the distribution of strategic partnerships.
The changes and developments we saw throughout the drone industry in 2017 were incredible and deserve a proper examination. For the most part, the hype that drove so much misunderstanding and frustration in this space is gone,and that’s a good thing. While the kind of hype we’ve seen associated with UAVs can create needed attention, it can also lead to irrational behavior and impossible expectations.
The last year in the drone industry moved at incredible pace – especially when it comes to strategic partnerships. We frequently provided updates about drone partnerships in the past. Now, why is this so important? Drone companies (hardware and software manufacturers, and service providers) are constantly expanding their product/service portfolio and interdisciplinary expertise. This is extremely interesting because it unveils the company’s strategic alignment.
Commercial drones are taking the world by storm– industry niches are uncovered and served at an incredible pace. The beauty of today’s technology, however, has more to it than just collecting vast amounts of data – in fact, it is the beauty of drones moving through the air itself.
Many experts saw the 2016 rollout of Part 107 from the FAA as a watershed moment for the commercial drone industry as a whole. For a long time, organizations of all sizes stayed awayfrom fully exploring UAV technology because of the hurdles and uncertainty associated with securing a Section 333 Exemption.
Small UAVs, as compared to manned aircraft, convince through their ability to fly very slowly and at lower altitudes. This way, more detailed and valuable information can be obtained. UAVs close the gap (between ground- and aircraft/satellite-based methods) through their ability to fly at low altitudes (up to 100m), which cannot be covered by the alternatives mentioned previously.
Last year we published the initial Drone Market Environment Map and it was so successful that we updated and enlarged it to visualize the current evolutionary stage. This map provides the most comprehensive picture of the global drone ecosystem, making the drone market more transparent and accessible for prospective customer, investors and newbies.