USD 5.96 billion
Report ID: SQSG45E2010 | Region: Global | Published Date: February, 2024 | Pages: 165 | Tables: 115 | Figures: 77
Global Drone Software Market size was valued at USD 5.96 billion in 2021 and is poised to grow from USD 6.82 billion in 2022 to USD 23.08 billion by 2030, growing at a CAGR of 14.5% in the forecast period (2023-2030).
Drone software has a wide range of application in the commercial and civil sectors, unmanned aerial vehicles (UAVs) have become a well-known technology in recent years. During the projected period, the demand for UAVs is anticipated to be driven by the rising preference for commercial uses. Drones are frequently viewed as a sophisticated tool for taking high-definition aerial photos and videos for a variety of uses. Drone software, which is commonly used for analysis, image processing, and surveying applications, is one such product that is experiencing an exponential increase in demand as a result of this. In sectors like media, entertainment, infrastructure, security, and the military, unmanned aerial vehicles are commercially used for their superb photo and video-taking capabilities. A wider advancement in technology is bringing on board well-equipped sensors as well as data and analytics.
Due to its complexity, the software for UAVs is merging with machine learning and other technologies to fill a void for image processing. For instance, U.S.-based Drone Deploy offered a single platform for all drone operations in July 2019. The new platform will provide workflow integration, low-altitude inspection mode, automated drone fleet management, and advanced analytics. In the upcoming years, the market’s growth is anticipated to be boosted by the leading players operating globally developing new drone software platforms for advanced analytics. The energy and electricity, agricultural, logistics, and transportation industries have also benefited greatly from several partnerships.
US Drone Software Market is poised to grow at a sustainable CAGR for the next forcast year.
Global Market Size
USD 5.96 billion
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Global drone software market is segmented based on architecture, offering, application, platform, and region. Based on the architecture, the drone software market is segmented as open source and closed source. Based on the offerings, the drone software market is segmented as app-based software and desktop-based software. Based on platform, the drone software market is segmented as Defence and Government, commercial, and consumer. Based on application, the drone software is segmented as analytics, image processing, control, and data capture. Based on region Drone Software Market is segmented as North America, Europe, Asia-Pacific, South America, and MEA.
The large customer base's extensive adoption of open-source software is responsible for the industry's dominance
During the forecast period, open-source architecture is expected to rule the global market. The widespread acceptance of open-source software by the sizable consumer base is credited with its dominance. Due to its user-friendliness, the highly compatible system is preferred by many commercial users. Users can readily access open-source architecture for no cost anywhere in the world. Because of its flexibility, this programme is preferred by many drone users. Open-source software is made available by drone building groups including Paparazzi UAV, Dronecode/PX4, and Open Drone Map. This software enables users to create, modify, and fix drone functionality. The cost of creating this software is lower, and users typically do not need to rely on the firm creating the programme for adjustments. It is anticipated that these major advantages will drive segment growth.
Proprietary software that requires a licence or subscription is referred to as closed-source software. Software development companies provide technical help to end users. As an illustration, Precision Hawk Inc. (US) created closed-source software called Precision Analytics Agriculture, an aerial mapping and agronomy programme that automatically analyses all data to build 2D or 3D models, which can be analysed with on-demand tools. During the forecast period, the market for closed-source architecture is expected to expand at a rapid CAGR. In the upcoming years, segment expansion is projected to be driven by the rising demand for unmanned aerial vehicle software that is safe and can be customised for both commercial and military users.
Control & data capture is anticipated to have a commanding market share throughout the projected period
Control & data capture are anticipated to have a commanding market share throughout the projected period. Only the flying operation from remote sensing is operated and controlled by the drone software. Numerous unmanned aerial systems are frequently controlled from a ground-based control centre. The drones receive radio signals from the ground control station, which also controls their various flight modes.
The analytics market is predicted to develop significantly as well. Drone-collected data, which can be used for analytics and supplied to businesses to help them make wise decisions, can be credited with the growth. The various needs of various applications are taken into consideration when developing drone software.
Due to efficient battle management and analytics systems that deliver precise information, the demand for UAV software in military-based operations is rising. In the near future, this is probably going to stimulate market expansion. Due to the increased need for photogrammetry software for the creation of 3D maps, the analytics application area is anticipated to expand quickly. In the upcoming years, widespread use of LiDAR (unmanned aerial vehicles) for surveying and aerial photography is expected to drive market expansion.
Based on platform, the commercial segment is projected to grow at the highest CAGR during the forecast period.
The drone software market has changed in recent years with the growing use of drones in the commercial and defence sectors. In support of domestic training exercises and international contingency missions, the US Department of Defence now employs more than 11,000 drones. The RQ/MQ-4 Global Hawk/Triton, which weighs more than 32,000 pounds, is the largest of these aircraft, while the RQ-11B Raven is the smallest.
Industry-specific drones for use in logistics, construction, and agriculture are being developed by a number of businesses in the drone software market. Drones are being used more frequently in the military for a variety of operations, including path surveillance, target detection, communication monitoring, and electronic disruptions. Military drones and the necessary software are provided by firms like General Atomics and Northrop Grumman in the US. Software providers for commercial drones are anticipated to release cutting-edge products with fleet management and autopilot features.
For instance, in January 2022, Domino's Pizza Enterprises Ltd. signed an agreement with Flirtey Inc. (SkyDrop) to launch the second stage of drone food delivery trials in New Zealand. This partnership will provide customers the benefit of having fresh, hot pizzas delivered directly to their homes with zero-contact delivery.
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The North American region is projected to account for the largest share of drone software during the forecast period.
The North American drone software market is anticipated to expand significantly and at the highest CAGR over the course of the forecast period. The rising use of drones for commercial and defence purposes is responsible for the rise of the drone software market in North America. Since it is impossible to operate a fleet of drones, carry out automatic BVLOS flights, or keep the necessary flight data log for compliance purposes without the proper software, drone software suppliers have recently concentrated on developing software that is efficient and affordable. Drones are employed in Canada to conduct atmospheric research, including weather and atmospheric gas sampling; emergency and disaster monitoring, cartography and mapping; agricultural spraying; promotion and advertising; emergency and disaster monitoring. In addition to surveying and inspecting distant power lines and pipelines, they are used for oceanographic research, geophysical research, mineral exploration, imaging spectrometry, telecommunication relay platforms, and search and rescue operations. They are also used for weather reconnaissance, flight research, and oceanographic research.
The need for drone software is being driven by the growing usage of drones for a variety of purposes across a range of industries, including delivery, agricultural, and others, as well as by key industry participants who are placing more of an emphasis on development and acquisition. These drones are utilised for delivery and inspection tasks because China is one of the major eCommerce hubs in the world, and there are a lot of deliveries made there, which is driving up demand for drones and drone software. For instance, the Chinese company SZ DJI Technology Co., Ltd. is developing and releasing new drones for a variety of uses. Most recently, it released the DJI Mini 3 Pro, and these developments and research for new, more powerful drones are helping the region's drone software market flourish.
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Drone Software Market Driver
Drone Software Market Restraint
Flight operations with unmanned aerial systems (UAS) involve high-risk air travel, particularly when flying beyond the line of sight. Their long-distance activities raise the risk of mishaps, property damage, and financial losses for businesses. Due to a lack of air traffic management, as well as safety and security concerns, numerous countries have severe limitations on the deployment of UAVs close to airports, international borders, government buildings, no-fly zones, and temporary flying restrictions areas. For instance, one of the biggest issues facing the nation's aviation industry, according to the Air Traffic Control Association (ATCA) of the US, is the deployment of drones in civil airspace. Except for some companies that have secured permits, drones are currently not permitted to operate in civil airspace to conduct tests and carry out demonstration flights.
A growing global security concern is the unauthorised use of drones. Cybercriminals and other activists are embracing drone technology and developing more sophisticated ways to commit crimes and impose psychological tyranny. Drones are being more frequently used for hostile reconnaissance. Additionally, these drones might be modified to carry IEDs. In particular, devices that are susceptible to wireless protocols like Bluetooth may be affected by the use of drones equipped with special hardware and software to implant harmful malware on systems or disrupt system operations.
Cybercriminals may park drones on top of a building or another concealed location to carry out digital disturbances. These locations may be enclosed regions that are typically out of reach of foot and vehicle traffic, as is the case with many defence area establishments. Traditional safety measures, such as biometric security frameworks and all forms of insurance, are ineffective against drone-based network attacks.
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The presence of major players like 3D Robotics, DreamHammer Corporation, ESRI, Unmanned Innovation, Inc., Dronevolt, DroneDeploy, PrecisionHawk, Pix4D SA, makes the market for drone software extremely competitive worldwide. To continue to dominate the market, they employ business tactics like product launches, mergers, partnerships, collaborations, and partnerships. For instance, Sky-Drones Technologies, Ltd. introduced a new Sky-drone Cloud Platform in January 2020. An integrated drone fleet's management, real-time control, mission planning, performance monitoring, and flight analysis are all done using the platform. DroneShield, Ltd. introduced new software dubbed DroneOptID, a camera-based drone monitoring system. DJI updated its drone mapping programme, DJI Maps. A new version of DJI Terra, a drone mapping programme that quickly creates three-dimensional maps from data, was made available. PrecisionHawk and ESRI joined in March 2022, and as a result, sophisticated mapping and spatial analytics software has been created with the integration of PrecisionHawk's market-leading AI into ESRI's ArcGIS.
Drone Software Market Top Players Company Profiles
Drone Software Market Recent Development
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According to our analysis, COVID-19 has had significant effects throughout industries, but in particular in aviation. The market for drone software has expanded because of the COVID-19 outbreak for uses like mapping, package delivery, and inspection. Several nations have recognised the potential of drone technology during the COVID-19 pandemic and have loosened regulations in order to facilitate their use. There has also been an increase in drone companies and drone service providers in the aviation sector as a result of hardware, technology, and services becoming more affordable and accessible than conventional techniques. A rise in the number of drone delivery businesses is due to the e-commerce industry's rapid expansion as well as consumers' growing need for same-day delivery. Additionally, a number of industry sectors, including logistics and transportation, retail and food, and healthcare and pharmaceuticals, have begun to recognise the significance of drone deliveries, which has finally led to the emergence of new competitors.
|Market size value in 2021
|USD 5.96 billion
|Market size value in 2030
|USD 23.08 billion
|Forecast Unit (Value)
|North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
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For the Global Drone Software Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Global Drone Software Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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