Drone Software Market Trends, Growth Drivers, and Global Forecast to 2027 - PowerPoint PPT Presentation

About This Presentation
Title:

Drone Software Market Trends, Growth Drivers, and Global Forecast to 2027

Description:

The Drone Software Market size is projected to grow from USD 5.1 billion in 2022 to USD 11.2 billion by 2027, at a compound annual growth rate (CAGR) of 17.1% from 2022 to 2027. – PowerPoint PPT presentation

Number of Views:2
Slides: 3
Provided by: sandeeproy
Tags:

less

Transcript and Presenter's Notes

Title: Drone Software Market Trends, Growth Drivers, and Global Forecast to 2027


1
Drone Software Market Trends, Growth Drivers,
and Global Forecast to 2027
According to a research report "Drone Software
Market by Solution (Application, System),
Platform (Defense Government, Commercial,
Consumer) Architecture (Open Source, Closed
Source), Deployment (Onboard Drone, Ground-Based,
Region - Global Forecast to 2027"
published by MarketsandMarkets, the drone
software market is projected to grow from USD
5.1 billion in 2022 to USD 11.2 billion by 2027,
at a CAGR of 17.1 from 2022 to 2027. The growth
of the market across the globe can be
attributed to Incorporation of IoT in ecosystem
of delivery drones and Increasing use of
drones for automated remote infrastructure
inspection. Download PDF Brochure
_at_ https//www.marketsandmarkets.com/pdfdownloadNew
.asp?id164228429 Based on solution, the
application segment is projected to lead the
drone software market during the forecast
period. Based on solution, the drone software
market has been classified into application and
system. The application segment is further
segmented into data processing workflow
analytics, flight planning, fleet operation
management, data capture, and SDKs. The flight
planning, fleet operation management
application software is leading the market.
Flight planning and fleet management software is
a cloud-based software system used to manage a
fleet of drones using a single interface. The
software gathers, analyzes, monitors, and stores
information for a single pilot to control and
easily manage the flight of a fleet of drones.
The software has revolutionized warfare tactics
and reduced the cost of operations by providing
end users the capability to cover a large
area Based on deployment, the onboard segment is
projected to lead the drone software market from
2022 to 2027. Based on deployment, the drone
software market has been segmented into onboard
and ground-based. Over the last decade, unmanned
aerial systems (UAS) or drones have gained much
attention due to their applications in different
sections. However, their communication range is
limited to utilized communication equipment.
Therefore, the use of ground control station
(GCS) software presents new prospects in terms
of long-distance drone missions and mobile
command control centers.
2
The Asia Pacific region is projected to be high
growth potential markets for the drone software
during the forecast period. The market in Asia
Pacific is expected to exhibit highest CAGR,
during forecast due to the rise in military
spending in terms of drone software and upgrades
(defense and homeland security) of countries in
the region to enhance their defense capabilities.
Moreover, political tensions in countries here
have led to the deployment of drones to ensure
the security of borders. This serves as one of
the most significant factors driving the growth
of the drone software market in the region. Key
Market Players Major players in the drone
software market are DJI (China), ESRI (US), Pix4D
SA (Switzerland), DroneDeploy Inc. (US),
PrecisionHawk, Inc. (US). These companies have
strong distribution networks in the logistics
business across North America, Europe, Asia
Pacific and other regions in turn driving the
demand for drone software market. Ask for Sample
Report _at_ https//www.marketsandmarkets.com/request
sampleNew.asp?id164228429 About
MarketsandMarkets MarketsandMarkets is a blue
ocean alternative in growth consulting and
program management, leveraging a man-machine
offering to drive supernormal growth for
progressive organizations in the B2B space. We
have the widest lens on emerging technologies,
making us proficient in co-creating supernormal
growth for clients. The B2B economy is witnessing
the emergence of 25 trillion of new revenue
streams that are substituting existing revenue
streams in this decade alone. We work with
clients on growth programs, helping them monetize
this 25 trillion opportunity through our
service lines - TAM Expansion, Go-to-Market (GTM)
Strategy to Execution, Market Share Gain,
Account Enablement, and Thought Leadership
Marketing. Contact Mr. Aashish Mehra
MarketsandMarkets INC. 630 Dundee Road Suite
430 Northbrook, IL 60062 USA 1-888-600-6441
Write a Comment
User Comments (0)
About PowerShow.com