Drone services providers (DSPs) offer clients turnkey drone services so they may be the single point of contact for enterprise customers. Some DSPs provide pilots for hire to accomplish commercial drone tasks, but most offer business solutions using a combination of drones; certified commercial drone pilots; and data capture, processing, storage, analysis, and display software.
Common commercial use cases for DSPs include mapping/surveying, surveillance, construction monitoring, infrastructure inspections, energy asset inspections, insurance inspections, precision agriculture, and aerial photography/video. Some DSPs offer a wide range of services while others prefer to concentrate on specific vertical markets.
The commercial drone market, and its associated ecosystem, is still in a relatively nascent stage of development but has shown an increasing growth potential as regulatory agencies race to keep up with the pace of technological change and drone end users discover best practices to optimize aerial intelligence for decision-making in a wide range of industries.
The Frost Radar reveals the market positioning of companies in an industry using their Growth and Innovation scores as highlighted in the Frost Radar methodology. The document presents competitive profiles on each of the companies in the Frost Radar based on their strengths, opportunities, and a small discussion on their positioning. Frost & Sullivan analyzes hundreds of companies in the industry and benchmarks them across 10 criteria on the Frost Radar, where the leading companies in the industry are then positioned. Industry leaders on both the Growth and Innovation indices are recognized as best practice recipients.
Key Issues Addressed
- Who are the top companies in the Frost Radar, according to Growth and Innovation indices?
- Which companies lead the DSP market in terms of innovation?
- Which companies lead the market in terms of Growth?
- What significant partnerships are occurring in the DSP market?
- Which DSPs have the best combination of Growth and Innovation, and which are poised to improve?
Author: Michael Blades
Industry Overview/Challenges
The Frost Radar
Market Definitions, Assumptions, and Frost Radar Methodology
Market Definitions, Assumptions, and Frost Radar Methodology (continued)
Frost Radar—Description of Companies Plotted
Frost Radar—Description of Companies Plotted (continued)
ABJ Drones
Aerodyne
Airinov
Airsight Australia
Cyberhawk
Deveron UAS
DroneView Technologies
HUVR Data
Industrial SkyWorks
Kespry
Measure
Measure Australia
PrecisionHawk
Sharper Shape
Sky-Futures
Skylark Drones
SkySkopes
Talon Aerolytics
Terra Drone
Texo DSI
The Sky Guys
Trumbull Unmanned
The Last Word—Key Takeaways
Legal Disclaimer
Frost Radar—2 Major Indices, 10 Analytical Ingredients, 1 Platform
Frost Radar—2 Major Indices, 10 Analytical Ingredients, 1 Platform (continued)
Frost Radar—C2A
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
- Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. - Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. - Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. - Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? - Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
- INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. - RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. - PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. - MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. - CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
- GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. - BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. - COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. - CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. - PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
Purchase includes:
- Report download
- Growth Dialog™ with our experts
Growth Dialog™
A tailored session with you where we identify the:- Strategic Imperatives
- Growth Opportunities
- Best Practices
- Companies to Action
Impacting your company's future growth potential.
Key Issues Addressed
- Who are the top companies in the Frost Radar, according to Growth and Innovation indices?
- Which companies lead the DSP market in terms of innovation?
- Which companies lead the market in terms of Growth?
- What significant partnerships are occurring in the DSP market?
- Which DSPs have the best combination of Growth and Innovation, and which are poised to improve?
Author: Michael Blades
| Deliverable Type | Frost Radar |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Michael Blades |
| Industries | Aerospace, Defence and Security |
| WIP Number | K348-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9000-A1,9B07-C1 |
Frost Radar for the Drone Services Providers Market
A Measurement System to Spark Companies 2 Action (C2A)—Innovation That Fuels New Deal Flow and Growth Pipelines
09-Apr-2019
North America
Frost Radar
