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Technological Improvements Around Autonomous Flight and Artificial Intelligence are Enabling Advanced Capabilities
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The drone-in-a-box (DIB) market is nascent but will be rapidly transitioning to a growth market. While growth in this market is being driven by the demand for autonomous drones, regulatory restrictions that require pilots to maintain visual contact while operating commercial drones continue to pose the most significant roadblock. However, technological advances and demonstrations of safe operations are leading aviation authorities to permit waivers on a wider basis. More than 30 companies globally are marketing or developing DIB solutions, but fewer than half have deployed solutions to clients. The top 5 companies account for nearly 70% of the market, but this percentage is likely to decline with several new entrants planning to bring solutions to market in 2021. This analysis also identifies, and provides a detailed explanation of, the top growth opportunities in the DIB market. These explanations include a list of associated growth processes, an estimate of the revenue opportunity size, relevant industries each growth opportunity will influence, and regions where the opportunity will be applied. Furthermore, a definition of each growth opportunity and the context in which the opportunity will function is presented along with calls to action that will be necessary to fully benefit from the opportunity.
The DIB market size estimate is based on more than a dozen primary interviews and extensive secondary research. The overall market assessment includes:
Key Issues Addressed
Author: Michael Blades
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