The global drone software market was valued at $5.92 billion in 2022, and is projected to reach $29.24 billion by 2030, growing at a CAGR of 14.2% from 2022 to 2030. Recent years have seen a huge increase in the use of drone software because of the industries' quick technical breakthroughs. The market for drone software has also grown as a result of the growing need for drones to gather information for projects like mapping, photographing far-off locations, and agriculture.
Furthermore, in the current environment, software businesses are developing AI-enabled drone software that offers real-time data analysis across multiple sectors due to an increase in demand for sophisticated and automated drone software. Drone software has also grown in popularity due to industry- and product-specific advancements in drone technology, such as the creation of agricultural crop software for crop pattern analysis. Additionally, the drone software business has a bright future due to developments in automation and artificial intelligence.
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Segmentation of the Drone Software Market:
By Solution
- System
- Application
By Application
- Defense and Government
- Agriculture
- Energy and Power
- Construction and Mining
- Media and Entertainment
- Logistics and Transportation
- Others
By Architecture
- Open Source
- Closed Source
- By Deployment
- Onboard drones
- Ground based
By Region
- North America
- Europe
- Asia-Pacific
- LAMEA
Key Players:
DroneDeploy Inc, Delair, SHARPER SHAPE, Kespry, MEASURE, PrecisionHawk, DJI, Sky-Future Ltd, Pix4D SA, SKYCATCH INC, DroneBase Inc, Skydio, ESRI, AirMap Inc, SENSEFLY LTD
With a revenue share of 35.95% in 2022, the North America regional market had the biggest share and is predicted to continue to contribute significantly during the forecast period. Strong drone-based infrastructure and the presence of important market players are credited with the region's growth. Furthermore, the region's expanding trend of drone hobbyists is anticipated to fuel the drone software market's expansion. For example, the Federal Aviation Administration reports that as of January 2023, there were over 500,000 registered drones used for hobby and recreational reasons. The drone software market in the region is expected to grow rapidly as a result of the drone industry's notable expansion.
Outlook & Recent Development:
Globally, the business sector is expanding quickly. As a result, as drone adoption increases across the industry, so does the use of drone software. Drone delivery is being used by e-commerce companies for quick and no-touch deliveries. Global e-commerce platforms are experiencing tremendous growth as more and more people choose to shop online.
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