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Investing in the Future: Drone Data Services Market Projected to Surpass $15 Billion by 2030

Retrieved on:

Friday, December 1, 2023

VANCOUVER, BC, Dec. 1, 2023 /PRNewswire/ -- USA News Group - According to the World Bank's Food Security Update 2023, food insecurity is on the rise across the globe. Among the more promising solutions being proposed is better data analytics of crops and soil, which is also being tied to the rise in data collection done with drone technology. It's a sector that's growing extremely rapidly, with analysts projecting the Drone Data Services market to explode by a CAGR of 39% from 2023 to 2030, to eventually top $15 billion. Many of the world's problems can and will be aided and even solved by better data collection, and there are plenty of companies looking to capitalize on drone-collected data, as well as artificial intelligence (AI) powered data analysis, including Scope Carbon Corp. (OTCQB:SCPCF) (CSE:SCPE), GoPro, Inc. (NASDAQ:GPRO), AeroVironment, Inc. (NASDAQ:AVAV), Amazon.com, Inc. (NASDAQ:AMZN), and EHang Holdings Limited (NASDAQ:EH).

Key Points:

Among the more promising solutions being proposed is better data analytics of crops and soil, which is also being tied to the rise in data collection done with drone technology.
It's a sector that's growing extremely rapidly, with analysts projecting the Drone Data Services market to explode by a CAGR of 39% from 2023 to 2030, to eventually top $15 billion.
"Scope is poised to be tremendously impactful through mapping and data mining across multiple geographic zones," said Burke upon his new role's announcement.
"Using AI technology with drones, the software generates vast amounts of data from agricultural crops, marine biology, and forestation to name a few."

Investing in the Future: Drone Data Services Market Projected to Surpass $15 Billion by 2030

Retrieved on:

Friday, December 1, 2023

VANCOUVER, BC, Dec. 1, 2023 /PRNewswire/ -- USA News Group - According to the World Bank's Food Security Update 2023, food insecurity is on the rise across the globe. Among the more promising solutions being proposed is better data analytics of crops and soil, which is also being tied to the rise in data collection done with drone technology. It's a sector that's growing extremely rapidly, with analysts projecting the Drone Data Services market to explode by a CAGR of 39% from 2023 to 2030, to eventually top $15 billion. Many of the world's problems can and will be aided and even solved by better data collection, and there are plenty of companies looking to capitalize on drone-collected data, as well as artificial intelligence (AI) powered data analysis, including Scope Carbon Corp. (OTCQB:SCPCF) (CSE:SCPE), GoPro, Inc. (NASDAQ:GPRO), AeroVironment, Inc. (NASDAQ:AVAV), Amazon.com, Inc. (NASDAQ:AMZN), and EHang Holdings Limited (NASDAQ:EH).

Key Points:

Among the more promising solutions being proposed is better data analytics of crops and soil, which is also being tied to the rise in data collection done with drone technology.
It's a sector that's growing extremely rapidly, with analysts projecting the Drone Data Services market to explode by a CAGR of 39% from 2023 to 2030, to eventually top $15 billion.
"Scope is poised to be tremendously impactful through mapping and data mining across multiple geographic zones," said Burke upon his new role's announcement.
"Using AI technology with drones, the software generates vast amounts of data from agricultural crops, marine biology, and forestation to name a few."