Rockville, Jan. 03, 2023 (GLOBE NEWSWIRE) — The global aerial video services market is expected to reach a valuation of US$274.6 million in 2023. During the forecast period 2023-2033, the video services market airlines is expected to grow at a CAGR of 17.5% and reach US$1,377.7 million by the end of 2033.
Aerial video services have generated significant demand from the commercial sector to capture video content for corporate and product branding and marketing. These services provide an overview of the company and the product that helps to attract the attention of customers.
These services are expected to gain lucrative opportunities in the coming period with their increasing popularity in the real estate market. Where an engaging video of the property is captured, informing the features of the property and ultimately helping to generate new leads for brokers. Time and profitability are other factors attributed to the growth of the market, as the traditional filming and inspection process requires expensive equipment, professional photographers and others. However, drones integrated with an advanced camera have greatly eliminated the excessive cost and time incurred in the filming process.
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Key insights from market research
- During 2023-2033, the market will grow with a CAGR of 17.5%
- Among the regions, East Asia shows the fastest growth with a CAGR of 18.8%
- The amusement and recreation sector holds approximately 17.0% share of the end-use industry.
- The growth of the global aerial video services market was around 9.3% during the period 2018-2022.
“Aerial video services will be in demand for real estate marketing during the forecast periodsays a Fact.MR analyst.
Aerial video services market segmentation
- By type of customer:
- By end-use industry:
- Transport and Warehouse
- Mining, oil and gas extraction
- Public administration
- Real estate and industrial facilities
- Entertainment and leisure
- security safety
- Educational services
- Waste Management
- Healthcare insurance
- By region:
- North America
- Latin America
- East Asia
- South Asia and Oceania
- Middle East and Africa
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The business environment in the aerial video services market is highly competitive with the presence of various new and established market players in the industry. These market players secure various moves like expansion and merger and acquisition to overlook extreme competition. Market growth is expected to be high over the forecast period with the substantial utility of these services in corporate branding and marketing.
Profiled Key Companies
- Aerial Works Inc.
- Aerial Works Inc.
- AERIUM Analytical
- AeroMedia Group
- Aivia Group
- Astral Aerial Solutions
- Creation Cloud 9
- PKT Aviation DATA
- DJM aerial solutions
- Sending drones
- DDC Smart Inspection
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More valuable information
Fact.MR in its new offering presents an unbiased analysis of the global Aerial Video Services Market, showcasing historical market data (2018-2022) and forecast statistics for the period 2023-2033.
The study reveals critical insights based on customer type (residential and commercial), end-use industry (energy, construction, transportation and warehousing, agriculture, mining, oil and gas extraction, government public, real estate and industrial facilities, entertainment and leisure, safety and security, educational services, waste management and health and insurance) in the main regions of the world (North America, Latin America, Europe, East Asia, South Asia South and Oceania, and Middle East and Africa).
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