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Drone Filming Services Market: Capturing the Skies, Reaching $1,364.8 million by 2033

05-07-2024 05:39 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Drone Filming Services Market

Drone Filming Services Market

The predicted valuation for the worldwide Drone Filming Services Market (ドローン撮影サービス市場) is US$ 274.41 million in 2023. The drone video services market is anticipated to grow at a rate of 17.4% CAGR over the 2023-2033 forecast period, reaching US$ 1,364.8 million by the end of that year. It is anticipated that the real estate sector will continue to grow, and that clients from other industry verticals would benefit from the cost-effectiveness that drones provide. To assist brokers in promoting and obtaining more leads for the same, drones may produce high-quality footage of real estate and its environs from various perspectives. these services are utilized to monitor faults and cracks in buildings, roads, bridges, and other sectors, as drones are compact and could easily reach where humans cannot.

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Key Takeaways from Market Study:

During historic period (2018-2022), the market has grown with a CAGR of 8.9%
Among end-use industry segment, entertainment & recreational holds leading share with 17.0% during 2022.

Europe and North America both accounts for 60% of share in global drone filming services market.

China is expected to grow with highest CAGR of 19.2% during 2023-2033.
"Drone filming services to gain substantial demand from entertainment & recreation sector," says a Fact.MR analyst.

Market Development

The business environment in the global drone filming services market is highly competitive with the presence of large market players and the introduction of new participants in the industry. These market players are taking strategic moves like service launches and mergers & acquisitions to stick competitive in the market. This factor also helps in enhancing the market player' customer base & global footprint. The competitive rivalry is high in the market and it is projected to positively help in the market development during the forecast period.

Moreover, the drone filming services market is 4.0% of the global drone services market. The significant growth in drone services will fuel the demand for drone filming services. It is projected to rise with a significant growth rate in the forthcoming period with time & cost-efficient services of drone filming. It avoids the excessive cost incurred by the traditional approach of hiring a helicopter, pilot, and professional photographer. Also, captures the real estate area within a shorter period along with accuracy.

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Competitive Landscape:

The drone filming services are comprised of both new and established market players. These market players are taking strategic moves like service launches and mergers to expand their food print and consumer base. For instance,

In September 2021, CoreLogic has introduced improved national drone services. With such an initiative, the company has invested in new drone technologies which can offer high-quality (4K HDR) photographs and high-resolution videos to the users.

In August 2021, leading real estate photography and videography businesses joined forces to create Ventura and Santa Barbara Counties' most cutting-edge and all-encompassing Real Estate Media enterprise. Professional real estate photography, videography, FAA-compliant aerial drone photography, and 3D Matterport technology are among the offered services.

Fact.MR has provided detailed information about the provider of drone filming services market positioned across regions, revenue growth, and service offering expansion, in the recently published report.

Market Frontrunners:

3DroneMapping
ABJ Drones
AerialWorks Inc.
AERIUM Analytics
AeroMedia Group
Aivia Group
Artrabia
AUAV
Avian UAS
Cloud 9 Creative
DATA PKT Aviation
DC Geomatics
Drone Dispatch
DDC Smart Inspection
Falconviz

Segmentation of the Drone Filming Services Market (Mercado de servicios de filmación con drones)

By Customer Type:
Residential
Commercial

By End-use Industry:
Energy
Construction
Transportation & Warehouse
Agriculture
Mining, Oil & Gas Extraction
Public Administration
Real Estate & Industrial Plant
Entertainment & Recreational
Safety & Security
Educational Services
Waste Management
Healthcare & Insurance

By Region:
North America
Latin America
Europe
East Asia
South Asia & Oceania
Middle East & Africa

Browse Full Report @ https://www.factmr.com/report/drone-filming-services-market

More Valuable Insights:

Fact.MR, in its new offering, presents an unbiased analysis of the global drone filming services market, presenting historical market data (2018-2022) and forecast statistics for the period of 2023-2033.

The study reveals essential insights on the basis of customer type (residential and commercial), end-use industry (energy, construction, transportation & warehouse, agriculture, mining, oil & gas extraction, public administration, real estate & industrial plant, entertainment & recreational, safety & security, educational services, waste management and healthcare & insurance) across major regions of the world (North America, Latin America, Europe, East Asia, South Asia & Oceania, and the Middle East & Africa).

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