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

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Global Market for Drone Software

Global Market for Drone SoftwareGlobal Market for Drone Software
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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