Middle East & Africa Drone-powered Business Solutions Market Size & Outlook
The drone-powered business solutions market in Middle East & Africa is expected to reach a projected revenue of US$ 1,804.7 million by 2030. A compound annual growth rate of 17.4% is expected of Middle East & Africa drone-powered business solutions market from 2024 to 2030.
Revenue, 2023 (US$M)
$587.8
Forecast, 2030 (US$M)
$1,804.7
CAGR, 2024 - 2030
17.4%
Report Coverage
Middle East & Africa
Related Markets
MEA drone-powered business solutions market highlights
- The MEA drone-powered business solutions market generated a revenue of USD 587.8 million in 2023.
- The market is expected to grow at a CAGR of 17.4% from 2024 to 2030.
- In terms of segment, fixed wing was the largest revenue generating type in 2023.
- Fixed Wing is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 587.8 million |
| Market revenue in 2030 | USD 1,804.7 million |
| Growth rate | 17.4% (CAGR from 2023 to 2030) |
| Largest segment | Fixed wing |
| Fastest growing segment | Fixed Wing |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Fixed Wing |
Other key industry trends
- In terms of revenue, MEA region accounted for 4.1% of the global drone-powered business solutions market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 12,545.7 million by 2030.
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Drone-Powered Business Solutions Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Skylark Drones | View profile | 11-50 | Bangalore, Karnataka, India, Asia | http://skylarkdrones.com/ |
| Delair | View profile | 101-250 | Toulouse, Midi-Pyrenees, France, Europe | http://www.delair.aero |
| Cyberhawk | View profile | 11-50 | Livingston, West Lothian, United Kingdom, Europe | http://thecyberhawk.com |
| 3DR Labs | View profile | 11-50 | Louisville, Kentucky, United States, North America | https://3drlabs.com/ |
| Pix4D | View profile | 51-100 | Prilly, Vaud, Switzerland, Europe | http://www.pix4d.com |
| DroneDeploy | View profile | 251-500 | San Francisco, California, United States, North America | http://www.dronedeploy.com |
| Yuneec | View profile | 501-1000 | Kaltenkirchen, Schleswig-Holstein, Germany, Europe | https://www.yuneec.com |
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