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Drone Technology In Education Sector Market size is set to grow by USD 1.05 billion from 2024-2028, Increased emphasis on stem education boost the market, Technavio

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NEW YORK, June 27, 2024 /PRNewswire/ — The global drone technology in education sector market size is estimated to grow by USD 1.05 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  23.31%  during the forecast period. Increased emphasis on stem education is driving market growth, with a trend towards increasing adoption of online retail channels for purchasing educational products. However, challenges related to safety aspects  poses a challenge. Key market players include Aerialtronics DV B.V., Draganfly Inc., Drona Aviation Pvt. Ltd., EHang Holdings Ltd., GoPro Inc., Guangdong Aircraft Industrial Co. Ltd., Guangzhou XAG Co. Ltd., Makeblock Co. Ltd., Parrot Drones SAS, Pix4D SA, Robolink Inc., Shenzhen Fimi Robot Technology Co. Ltd., Shenzhen Hubsan Technology Co. Ltd., Shenzhen RYZE Tech Co. Ltd., Skydio Inc., SZ DJI Technology Co. Ltd., Traxxas, Yamaha Motor Co. Ltd., Yuneec International Co. Ltd., and ZEROTECH Intelligence Technology Co. Ltd..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Drone Technology In Education Sector Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 23.31%

Market growth 2024-2028

USD 1051.3 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

18.59

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 45%

Key countries

US, Japan, China, Canada, and UK

Key companies profiled

Aerialtronics DV B.V., Draganfly Inc., Drona Aviation Pvt. Ltd., EHang Holdings Ltd., GoPro Inc., Guangdong Aircraft Industrial Co. Ltd., Guangzhou XAG Co. Ltd., Makeblock Co. Ltd., Parrot Drones SAS, Pix4D SA, Robolink Inc., Shenzhen Fimi Robot Technology Co. Ltd., Shenzhen Hubsan Technology Co. Ltd., Shenzhen RYZE Tech Co. Ltd., Skydio Inc., SZ DJI Technology Co. Ltd., Traxxas, Yamaha Motor Co. Ltd., Yuneec International Co. Ltd., and ZEROTECH Intelligence Technology Co. Ltd.

 

Market Driver

The online market for drone technology in education is expanding, driven by increased product visibility through online retail channels. Vendors like Aeromotus Unmied Aerial Vehicles Trading LLC offer a wide range of drones from brands like DJI. Despite occupying a smaller market share, online sales are projected to grow faster than offline sales. Factors such as Internet connectivity, mobile device usage, security concerns, and consumer awareness are fueling this growth. The overall e-commerce market’s significant expansion will also support the drone technology in education sector’s growth. 

The drone technology market in the education sector is experiencing significant growth. Companies are providing drones for educational purposes, such as real-time regulation and mapping, survey projects, and research. The use of drones in education is trending, with many institutions integrating this technology into their curriculum. Drones offer unique opportunities for students to learn about technology, engineering, and science. They provide hands-on experience and practical applications of these subjects. Additionally, drones can help students develop essential skills like problem-solving, critical thinking, and teamwork. The future of drone technology in education looks promising, with potential applications in areas like agriculture, environmental studies, and urban planning. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The education sector’s adoption of drone technology faces challenges due to safety concerns. Drones lack the stringent safety standards of manned aircraft and are prone to failure during nighttime operations. Regulatory compliance, such as geo-fencing, is necessary to prevent drones from flying near sensitive areas. However, low-end consumer drones lack these features, and their high speeds can cause accidents. Collision avoidance technology is limited in drones, and while solutions are proposed, their development is in its initial stages. These safety issues may hinder the growth of the drone technology market in education.The drone technology market in the education sector faces several challenges. One major challenge is the cost of drones and related equipment, making it difficult for schools and universities to afford integrating this technology into their curriculum. Another challenge is the regulatory framework, as the use of drones in educational institutions requires specific permissions and certifications. Additionally, ensuring the safety and privacy concerns while using drones in educational settings can be a complex process. Furthermore, the lack of skilled professionals to operate and maintain drones is another hurdle. Lastly, integrating drone technology into the existing educational infrastructure and curriculum requires significant time and resources.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This drone technology in education sector market report extensively covers market segmentation by 

Application 1.1 Security surveillance1.2 LearningEnd-user 2.1 Higher education sector2.2 K-12 sectorGeography 3.1 North America3.2 APAC3.3 Europe3.4 South America3.5 Middle East and Africa

1.1 Security surveillance-  Drone technology is revolutionizing the education sector by providing innovative solutions for teaching and learning. Schools and universities integrate drones into their curriculum to enhance student engagement and improve learning outcomes. Drones offer unique perspectives for students in fields such as geography, engineering, and environmental science. They enable hands-on experiences and real-world applications of academic concepts. Drones also facilitate remote learning and access to hard-to-reach areas, expanding educational opportunities for students. This technology is a valuable investment for educational institutions seeking to provide cutting-edge, interactive learning experiences.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Learn and explore more about Technavio’s in-depth research reports

China’s K-12 online education market is rapidly growing, driven by increasing internet penetration and demand for quality education. The online language learning market is also expanding, with English and Mandarin being highly sought after. Education consulting services are in high demand, helping students navigate academic and career paths. The student information system (SIS) market is developing, offering solutions for efficient school management. Additionally, the academic e-learning market is booming, providing diverse resources and flexible learning opportunities for students across the country. This digital transformation in education is reshaping China’s educational landscape.

Research Analysis

The drone technology market in the education sector is experiencing significant growth due to its application in various fields such as internet provision for remote learning, aerial photography for campus mapping, and video recording for educational content creation. This technology is increasingly being utilized for public service missions, adhering to the relevant laws and regulations. The commercial drone market, a leading industry in the drone sector, offers numerous business opportunities for educational institutions. Drone research subscriptions and survey spotlights provide valuable insights into the latest trends and advancements in drone technology. The regulatory focus on drone certification ensures safe and efficient commercial drone use, further boosting its adoption in the education sector.

Market Research Overview

The drone technology market in the education sector is experiencing significant growth due to its potential to revolutionize teaching and learning methods. This technology provides an immersive and interactive experience, enhancing students’ understanding of complex concepts in subjects like geography, environmental science, and engineering. Drones enable students to capture high-resolution images and videos from unique perspectives, fostering a deeper connection to their learning material. Moreover, drones can be used for real-time monitoring and assessment, providing educators with valuable insights into students’ progress. The adoption of drone technology in education is a progressive step towards integrating technology into classrooms and preparing students for the future workforce.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationSecurity SurveillanceLearningEnd-userHigher Education SectorK-12 SectorGeographyNorth AmericaAPACEuropeSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Virtusa Earns 2024 Great Place to Work® Certification™ for Third Consecutive Year

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SOUTHBOROUGH, Mass., Dec. 23, 2024 /PRNewswire/ — Virtusa Corporation, a global leader in digital business strategy, digital engineering, and IT services, is proud to announce its 2024 Great Place to Work® Certification™ for the third consecutive year. This recognition spans seven countries – India, USA, Canada, UK, UAE, Australia, and Singapore – and underscores Virtusa’s dedication to fostering a High-Trust, High-Performance workplace culture globally.

The certification is based on rigorous employee feedback, with Virtusa achieving an impressive Trust Index™ score of 79% and an Employee Net Promoter Score (eNPS) of 73%. Notably, 81% of employees agreed with the statement, “Taking everything into account, I would say this is a great place to work.”

Key areas of improvement over the past year include professional development, equal treatment, making a difference, and creating a welcoming environment.

“We are incredibly honored to receive the Great Place to Work® Certification™ for the third consecutive year,” said Lori Mullane, Chief People Officer at Virtusa. “This recognition reflects our unwavering commitment to creating an inclusive and empowering workplace where employees feel valued, supported, and inspired to achieve their best. Investing in a culture of trust, collaboration, and growth enables our teams to deliver exceptional value to our clients and communities.”

Virtusa’s commitment to professional development, diversity, and well-being reflects its efforts to build a supportive and inclusive environment. With industry-leading initiatives like Engineering IQ for career progression, robust upskilling programs, and a focus on belonging and fairness, Virtusa has created a culture where employees can thrive.

The Certification is a testament to Virtusa’s leadership in workplace culture, which supports over 30,000 employees globally. As the company continues to grow, its mission remains steadfast in providing a High-Trust, High-Performance environment that drives innovation, collaboration, and employee satisfaction.

For more information about Virtusa’s workplace culture and career opportunities, visit https://www.virtusa.com/careers.

About Great Place to Work®
Backed by 30 years of data, Great Place To Work is the global authority on workplace culture. Through its proprietary For All™ Model and Trust Index Survey, it gives organizations the recognition and tools to create a consistently positive employee experience. Its mission is to help every place become a great place to work for all, driving business growth, improving lives, and empowering communities. Through globally recognized and coveted Great Place To Work Certification and highly competitive Best Workplaces™ Lists, Great Place To Work enables employers to attract and retain talent, benchmark company culture, and increase revenue. Its platform enables leaders to truly capture, analyze and understand the experience of every employee, and compare outcomes with data collected from more than 100 million employees in 150 countries worldwide.

About Virtusa
Virtusa Corporation provides digital engineering and technology services and solutions for Forbes Global 2000 companies across industries, including financial services, healthcare, telecommunications, media, manufacturing, and technology. With a foundation in digital engineering, Virtusa empowers enterprises to navigate digital transformation, driving operational efficiency and measurable outcomes. Leveraging its Engineering First approach, Virtusa partners with organizations to tackle complex challenges, delivering solutions that ensure resilience and competitive advantage.

Virtusa is a registered trademark of Virtusa Corporation. All other company and brand names may be trademarks or service marks of their respective holders.

Media Contact: 
Paul Lesinski
Edelman
(971) 226-5299 
paul.lesinski@edelman.com 

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DogeRide Unleashes a New Era of Pet-Friendly Ridesharing in Denver

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DogeRide, Denver’s newest and most innovative ridesharing service, is proud to announce the official launch of its pet-friendly hailing app in Denver, CO Metro Area.

DENVER, Dec. 23, 2024 /PRNewswire-PRWeb/ — DogeRide, Denver’s newest and most innovative ridesharing service, is proud to announce the official launch of its pet-friendly hailing app.

“We wanted to create a ridesharing service that embraces that spirit, providing a solution for dog lovers who want their furry companions to be part of their daily lives. DogeRide is more than a rideshare; it’s a celebration of Denver’s dog-friendly culture.”

Designed to bring convenience and joy to pet lovers, DogeRide allows drivers to ride with their dogs as companions while welcoming riders to travel with their furry friends. With Denver being one of the most dog-friendly cities in the country, this service is set to revolutionize how residents and their dogs move around town.

DogeRide aims to address a growing demand for pet-friendly transportation. Riders no longer have to worry about leaving their four-legged friends behind or struggling to find a rideshare that accommodates their pets. The DogeRide app allows seamless booking and ensures all participating drivers are comfortable with canine passengers.

To ensure a safe and pleasant ride, dogs must weigh under 80 pounds and be on a leash or in a crate during the journey.

Denver is a city that thrives on community and outdoor adventures, and dogs are a huge part of that lifestyle,” said Phil Warfield and Divine Tumenta, both Co-founders of DogeRide. “We wanted to create a ridesharing service that embraces that spirit, providing a solution for dog lovers who want their furry companions to be part of their daily lives. DogeRide is more than a rideshare; it’s a celebration of Denver’s dog-friendly culture.”

The app’s user-friendly interface allows riders to indicate when they’re bringing a dog along, ensuring that drivers are prepared for their canine co-pilots. Additionally, all DogeRide drivers are trained to prioritize safety and comfort for both human and canine passengers. From trips to the vet or park to daily commutes, DogeRide is committed to making every journey tail-waggingly fun and hassle-free.

DogeRide also offers unique features tailored to the needs of dog owners and pet-loving drivers. Drivers are encouraged to bring their dogs along for companionship while working, creating a warm and welcoming atmosphere for riders. This innovative approach not only enhances the drivers’ experience but also provides riders and their dogs with a sense of familiarity and connection.

“DogeRide is the ultimate ridesharing service for dog lovers because we’ve designed it with the needs of Denver’s vibrant pet-owning community in mind,” said Chad Harris, Co-founder of DogeRide. “Whether you’re heading to the dog park, running errands, or going on an adventure, DogeRide ensures your furry friend can come along for the ride. We’re thrilled to be part of Denver’s pet-friendly ecosystem.”

DogeRide’s mission is to create a safe, reliable, and dog-inclusive transportation option that reflects the unique lifestyle of Denver residents. As part of its commitment to the community, DogeRide plans to partner with local animal shelters and pet organizations to support adoption events and promote responsible pet ownership.

DogeRide is now available for download on iOS and Android devices. For more information, visit www.dogeride.com.

Media Contact

Nick Dell, DogeRide Technologies Inc, 1 7207817533, support@dogeride.com, https://www.dogeride.com/ 

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SOURCE DogeRide Technologies Inc

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Omnis Investments Limited Extends Relationship with SS&C

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WINDSOR, Conn., Dec. 23, 2024 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that Omnis Investments Limited has extended its transfer agency relationship with SS&C. The contract services Omnis’s range of mutual funds, which invest across several asset classes and regions.

With more than GBP10 billion of assets under management, Omnis is one of U.K.’s largest asset managers and works closely with clients of The Openwork Partnership, a network of 4,200 financial advisers across the country. Omnis also collaborates with 2plan wealth management, a leading wealth management firm in the U.K.

“SS&C is a long-term valued partner to Omnis, and we are looking forward to continuing our work together on ways to enhance the experience of our clients and achieve our goals,” said Simon Harris, Chief Operating Officer at Omnis. “Together with SS&C, we are committed to providing a high standard of service to all of our clients and evolving our digital service offering.”

“We are pleased to extend our valued long-term relationship with Omnis,” said Spencer Baum, Managing Director Head of Client Management, SS&C GIDS. “SS&C is committed to delivering exceptional omnichannel servicing and support to all customer types.”

Learn more about SS&C’s Global Investor and Distribution Solutions here.

About Omnis Investments Limited

Omnis Investments manages over GBP10 billion in assets, working as part of The Openwork Partnership, a network of 4,200 financial advisers across the country helping people look forward with confidence and optimism. Omnis has a range of funds and strategies across the full risk/return spectrum, managed by leading investment managers. The Omnis funds are only available through advisers of The Openwork Partnership and 2plan wealth management.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. Some 20,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Additional information about
SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

Follow SS&C on Twitter, LinkedIn and Facebook.

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SOURCE SS&C

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