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Kathleen Martin

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While some reports have gotten caught up with the potential of the drone market, the team at Drone Analyst has always been committed to sorting out the hype versus the reality. Their fifth annual market report provides our most comprehensive look at drone buyers, service providers, business and public agency users, and software services.
David Benowitz is the Head of Research at DroneAnalyst. He laid out the key takeaways from this report, but Commercial UAV News Editorial Analyst Danielle Gagne wanted to further explore the insights as part of the Beyond Part 107 podcast. The two connected to dive into the health of the drone industry in 2021, what this year's report has to say about DJI's market share, how consolidation will take shape across the industry and much more.
The following is an abbreviated version of their discussion that has been edited for clarity by the Commercial UAV News team. You can listen to the whole episode here or download it via iTunes.
 
Danielle Gagne: Can you tell us about what you do and why you do it for anyone who may not be familiar with Drone Analyst?
David Benowitz: Drone Analyst is one of the first consulting and research agencies in the drone industry. We've been active since 2016, and we've always been focused on providing realistic analysis and insights into the drone industry and how it's performing. We work with stakeholders and brands to really understand their position in the market and where opportunities exist. Every year, we've released a big report that details market share data and contains tons of other valuable insights for drone industry stakeholders.
Danielle Gagne: You recently came out with the 2021 version of that report, so can you talk a little bit about how you compile those reports? What types of people in the industry do you look to have participate in them? And how do you process all of that information to deliver insights?
David Benowitz: This is our fifth annual report. It's the biggest one we've ever released, but what's in it is connected to our fundamental commitment to conducting industry-based surveys.
We had over 1,800 respondents this year. Those are mostly people in the drone services space as well as the people buying drones across numerous commercial segments. We take all of that data, analyze it and break it down by sector. We also interview key stakeholders and key users across each vertical. We've also started looking at critical data like public corporate financial data as well as things like Chinese customs data to really understand what the whole market is doing. We look at all of these elements from both the consumer and the commercial side since our data tends to be a little bit biased towards commercial. We want to be able to understand the whole spectrum.
Continue reading: https://www.commercialuavnews.com/surveying/analyzes-drone-industry-hardware-shakeups-consolidation-strategies-robotic-integration-and-more
 

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