PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1568655
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1568655
The Global Drone Photography Services Market size will exhibit over 25% CAGR between 2024 and 2032, driven by the rising incorporation of AI and machine learning into drones to offer better image analysis and data processing. Growing collaborations between service providers, technology companies, and end-users are fostering new applications and services for drone photography. For instance, in July 2024, construction data analytics player Datumate partnered with Birds Eye Aerial Drones, LLC to revolutionize aerial surveying. This alliance is set to transform surveying practices for engineering and construction firms worldwide. The hefty investments in drone technology for driving innovations will also foster market expansion.
The drone photography services industry is segmented into type of drone, service type, application, and region.
By type of drone, the industry value from the rotary-wing drones segment will witness a lucrative growth rate through 2032. Rotary-wing drones, such as quadcopters, provide excellent maneuverability and stability, emerging ideal for capturing aerial photographs and videos from various angles and heights. Progressions in drone technology have led to improvements in camera quality and stabilization systems, allowing these drones to capture high-resolution images and videos. Rising suitability for professional use in real estate, construction, agriculture, and film production will also drive the segment growth.
With respect to service type, the drone photography services market size from the videography segment will record expansion through 2032. Utilizing drones for videography is more affordable compared to using helicopters or cranes, making high-quality aerial footage accessible to smaller production budgets, independent filmmakers, and hobbyists. Drones can also fly at various altitudes and navigate through tight spaces offering unique perspectives and creative possibilities for videographers.
Europe drone photography services market revenue will grow from 2024 to 2032 due to the significant usage by the real estate and construction sectors. The European Union Aviation Safety Agency (EASA) has implemented standardized regulations for drone operations across EU member states. The demand for high-quality aerial footage in film, television, and advertising is also boosting the regional industry growth.