Drone Software Market worth $11.2 billion by 2027

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Drone Software Market worth 11.2 billion
by 2027 - EBxy cclicklinug Ascceipvt Alel
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NEWS PROVIDED BY MarketsandMarkets ? 13 Jun,
2022, 0730 ET
CHICAGO, June 13, 2022 /PRNewswire/ -- 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 2030. 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. Ask for PDF
Brochure https//www.marketsandmarkets.com/pdfdow
nloadNew.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 SDK's. 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?,
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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
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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. Browse in-depth TOC on "Drone Software
Market" 251 Tables 39 Figures 226
Pages Inquiry Before Buying https//www.marketsa
ndmarkets.com/Enquiry_Before_BuyingNew.asp?
id164228429 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. 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.
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