The Worldwide Drone Software Industry is Projected to Reach $14.9 Billion by 2030: Rapidly Expanding Applications of Drones in Commercial and Military Sectors Drives Growth
Global Market for Drone Software
Dublin, Feb. 07, 2023 (GLOBE NEWSWIRE) -- The "Drone Software - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Drone Software estimated at US$4.2 Billion in the year 2022, is projected to reach a revised size of US$14.9 Billion by 2030, growing at a CAGR of 17.1% over the analysis period 2022-2030.
Open Source, one of the segments analyzed in the report, is projected to record 17.8% CAGR and reach US$12.5 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Closed Source segment is readjusted to a revised 13.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 15.9% CAGR
The Drone Software market in the U.S. is estimated at US$1.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.5 Billion by the year 2030 trailing a CAGR of 15.9% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 15.3% and 14.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 12.3% CAGR.
Select Competitors (Total 29 Featured) -
3D Robotics, Inc. (3DR)
Airware
Dreamhammer Products LLC
Drone Volt
DroneDeploy, Inc.
Esri
Pix4D S.A
Precisionhawk Inc.
senseFly SA
Skyward IO, Inc.
What`s New for 2023?
Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year
Report Attribute | Details |
No. of Pages | 188 |
Forecast Period | 2022 - 2030 |
Estimated Market Value (USD) in 2022 | $4.2 Billion |
Forecasted Market Value (USD) by 2030 | $14.9 Billion |
Compound Annual Growth Rate | 17.1% |
Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
Drone Software Market: A Prelude
Open Source Drone Software: The Largest Segment
Analytics: A High Growth Application of Drone Software
Drone Software - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
Global Drone Software Market Estimates and Forecasts in US$ Million: 2018-2025
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Driven by Rapidly Expanding Applications of Drones in Commercial and Military Sectors, Drone Software Market is Poised for Growth
Global Drones Market Size in $ Billion for the Years 2019, 2021, 2023 and 2025
Drone Mapping Software Market: An Overview
Global Drone Mapping Software Market: Percentage Breakdown of Sales by Application for 2019
Open Source Drone Software Vs Proprietary Drone Software: Analyzing the Advantages and Drawbacks
Increasing Investments in Drone Software Market: An Opportunity for Growth
Top Drone Software Companies Ranked by Investments in $ Million for the Year 2018
Rising Adoption of Drones in Agricultural Activities Drive Demand for Sophisticated Drone Software
Global Agriculture Drones Market: Revenues in US$ Billion for the Years 2019, 2021, 2023 and 2025
Global Agriculture Drones Market: Percentage Breakdown of Revenues by Hardware and Software for 2019 and 2025
Focus on Ensuring Security and Safety of Drone Software
Advancements in Drone Software to Fuel Adoption
UAV Real-Time Operating System: Enabling Real-Time Decision Making and Precision Capabilities of Drones
AI Transforms Drone Software Space
Augmented Reality: The Future of Drone Software Development
Most Promising Drone Software: A Review
Overview of Select Popular Drone Mapping Software
Regulatory Obstacles to Drone Adoption to Impact Drone Software Market Dynamics
High Risk of Hacking Presents a Key Challenge to Drone Software Market
PRODUCT OVERVIEW
Drone
Drone Software
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/2r7515-software?w=12
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