Drone growth is expected to occur across four main segments of the enterprise industry
1.-Drones in insurance
It is estimated that the average global annual cost of insurance claims from natural disasters has increased eight-fold since 1970. Because of this, insurance firms will likely leverage drone technology to provide faster and more accurate property assessments. 5
2.-Drones in agriculture
The UN projects that the world’s population will reach 9.7 billion by 2050, causing agricultural consumption to rise 69% between 2010 and 2050. And considering most of the farmers and agriculture companies using drones are so-called Big-Ag-owned farms that manage thousands of acres of land, the potential for drone growth in agriculture is extensive. 5
3.-Drones in construction and mining
Drone use in construction and mining could eventually become a $28.3 billion global market, according to PwC. Businesses within these industries are leveraging drones to adhere to the extensive laws and regulations surrounding worker safety more easily. 5
4.-Drones in law enforcement
Drones are currently used by police forces for a variety of situations including surveilling expansive open areas, negotiating hostage situations, pursuing armed suspects, and investigating bomb threats. 5
Targeted segments
Highlighted deals
- EaVision: raised $30M (Apr 21): Making spraying drones only6
- Skyfish: Raised $20M in Seed Series (Jun 21). Make inspection drones for cell tower inspection7
- AeryonLabs: maker of small Skyranger 70, with 200 employees, sold to FLIR for $200M8
- SeeTree: Raised $30M in Series B (Dec 20). Team of 120 ppl. AI diagnosis for citrus trees9
- SkyCatch: raised $25M in Series B (Mar 21). 3D mapping for construction and mining10
| Companies | Countries | |
| 1 | Skyfish | USA |
| 2 | Idea Forge | INDIA |
| 3 | Pterodynamics | USA |
| 4 | FreeFly Systems | USA |
| 5 | Ascent Aerosystems | USA |
| 6 | Harris Aerial | USA |
| 7 | Sky Guage | USA |
| 8 | Real-time Robotics Inc. | USA |
| 9 | Multinove | France |