Drone Service Market Size, Share, Trends, Dynamics, Forecast, and Growth Analysis

The drone service market was estimated at USD 16.88 billion in 2022 and is likely to grow at a CAGR of 22.49% during 2023-2028 to reach USD 57.02 billion in 2028.

Market Dynamics
The global drone service market is expected to grow significantly owing to several reasons. A few of them are mentioned below –

Rising demand from various end-user industries – Drones are being used to survey construction sites, agricultural fields, oil and gas industries, healthcare, and other industries too.

Studies found that using drones resulted in 5x to 20x cost savings, and 55% increased safety in construction fields. Drones are also used by farmers to monitor crop health, sprinkle pesticides, etc. This growing demand from every sector is likely to boost the demand for the global drone services market.