In-Store Drones Market Trends

Growth Drivers

Rising Sale of Drones – Drone sales are on the rise and their increasing demand by retail stores, malls, warehouses, and other establishments is to blame for the surge in demand for store drones. For instance, total consumer drone sales in 2021 are expected to be around 29 million.
Increasing Drone Delivery –According to estimates, as in 2022, worldwide, over 2000 drone deliveries are made each day.

Upsurge in Artificial Intelligence (AI)– According to statistics, by 2025 almost 95% of all customer interactions with retailers is expected to be powered by AI.
Increasing Spending on Cloud Services Infrastructure – According to estimates, more than USD 41 billion globally was estimated in 2021.

Challenges

Limited Capabilities in Talking and Thinking like Humans
Legal Restrictions
Concern of Safety in Mishaps

In-Store Drones Market: Key Insights

Base Year	2022
Forecast Year	2023-2033
CAGR	~20%

Frequently Asked Questions (FAQ)

Increasing use of emerging technologies such as robotics, AI, cloud and rising sale of drones along with surge in drone deliveries are some of the major factors anticipated to drive the growth of the market.

The market is anticipated to attain a CAGR of ~20% over the forecast period, i.e., 2023-2033.

The limited capabilities of drones in talking and thinking like humans as well as restricted areas and legal limitationsare some of the factors estimated to hamper the market growth.

The market in North America is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Amazon Inc., Walmart Inc., 3D Robotics Inc, FedEx Corporation, Pensa Systems Inc., Microsoft Corporation, Apple Inc., Swift Navigation, Inc., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by type, application, and by region.

The rotary drones segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.

In-Store Drones Market Trends