OpportunitiesinthedronesectorwiththeadoptionofAIandblockchain2PwC|ASSOCHAM|OpportunitiesinthedronesectorwiththeadoptionofAIandblockchainTableofcontents1.Drones:Anoverviewofthemarket……092.Blockchaintechnology,geospatialAIanddrones…..133.Dronetechnology–areasofimplementation…..174.PwC’ssuggestedframeworkandrecommendations…….205.Futuregrowthopportunitiesforthedronesector…..256.Wayforward….262PwC|ASSOCHAM|OpportunitiesinthedronesectorwiththeadoptionofAIandblockchain3PwC|ASSOCHAM|OpportunitiesinthedronesectorwiththeadoptionofAIandblockchainForewordTaranjitSinghChairmanASSOCHAMEasternRegionDevelopmentCouncilDrones,AI,andblockchaintechnologyhavethepotentialtocompletelychangeawiderangeofbusinessesasweapproachthedawnofatechnologicalrevolution.Whiletheconvergenceoftheserevolutionarytechnologiesoffershithertounseengrowthprospects,italsobringswithitspecialdifficultiesthatneedcarefulmanoeuvring.FuturegrowthprospectsofthedroneindustryusingblockchaintechnologyandAI,handlingrelatedrisksandcybersecurityissues,andinvestigatingenvironmentallyfriendlytechnicalsolutionsarethemainsubjectstouchedupon.ItisaprivilegeforASSOCHAMtocollaboratewithPwCforthisreporton‘OpportunitiesinthedronesectorwiththeadoptionofAIandblockchain’.WehopethatthereportwillstrengthenoureffortstosupportinnovationandtechnicalgrowthinIndia.3PwC|ASSOCHAM|OpportunitiesinthedronesectorwiththeadoptionofAIandblockchain4PwC|ASSOCHAM|OpportunitiesinthedronesectorwiththeadoptionofAIandblockchainForewordPerminderJeetKaurSeniorDirectorASSOCHAMEasternRegionTheconvergenceofdrones,AI,andblockchaintechnologyissettorevolutionisenumerousindustries,offeringunprecedentedopportunities.TheintegrationofAIwithdronetechnologyrepresentsasignificantleapinautonomoussystems.AIempowersdroneswithenhancedautonomy,intelligenceanddecision-makingabilities.ThefutureofAI-powereddronesholdspromisingprospects,thisalsocallsforethicalframeworksandresponsibledeployment.InIndia,droneshaveakeyroletoplayintheagriculture,disastermanagement,publicservices,mininganddefencesectors.ThereportinpartnershipwithPwCaddresseskeytopicslikemanagingcybersecurityrisks,exploringsustainabletechsolutions,andintegratingdronetechnologywithblockchainandAI.4PwC|ASSOCHAM|OpportunitiesinthedronesectorwiththeadoptionofAIandblockchain5PwC|ASSOCHAM|OpportunitiesinthedronesectorwiththeadoptionofAIandblockchainForewordSudiptaGhoshPartner,DataandAnalyticsLeader,IndustrialProductsLeaderPwCIndiaOnceaspecialisedtechnology,dronesarenowindispensableinmanyfields.DronesequippedwithAIhaveaccesstosophisticateddataprocessingcapabilitiesthatallowthemtoadjusttochangingconditionsandmakejudgementsinrealtime.Forinstance,droneswithAIcapabilitiesaretransformingcropmanagementinagriculturebyevaluatingenormousvolumesofdatatooptimisegrowingconditionsandyieldforecasts.Thesesmartdronesarealsoenhancingresponsetimesandefficacyindisasterresponsebyofferingvitalreal-timeinformationforsearchandrescueoperations.AI-powereddronesarealsoimprovingsecurityandsurveillancesystems.Dronescanmonitorlargeareasforpossiblethreatsorenvironmentalchangesbyutilisingpicturerecognitionandpatternanalysis.Thisopensupnewpossibilitiesforinfrastructuremanagement,securityandwildlifeprotection.Thoughpromising,technologicalbreakthroughsalsoraisesignificantethicalandregulatoryquestions.Therefore,itisimportanttoaddresspotentialdatasecurityis...
