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Showing posts with the label Drone Analytics Market

What are the most recent trends in Drone Analytics Market?

  The  global drone analytics market  forecast to be valued at   $7,381.9 million by 2028 , surging from   $2,112.0 million in 2020 , at a noteworthy   CAGR of 17.1% . Analysis of Covid-19 Impact on Drone Analytics Market The Covid-19 impact on drone analytics market demand has been moderate. The restrain in the global industrial production due to imposed lockdowns across the globe has disturbed supply chain defense equipment manufacturing industry hindering the growth of drone analytics market. Major companies in this sector such as Northrop Grumman Corporation, Lockheed Martin Corporation, and others have experienced a reduction in demand in the drone analytics market. These factors are expected to negatively impact the market growth. The coronavirus epidemic has enforced the companies in the drone analytics industry for the adoption of new methods of operation such as implementation of predictive analytics to forecast losses accurately and virtual monitoring of the production. These