Product ID: SQSG45E2010
Global Drone Software Market Size, Share, Growth Analysis, By Architecture(Open Source, Closed Source), By Offering(App-based software, Desktop-based software), By Application(Analytics, Image Processing), By Platform(Defence & Government, Commercial) - Industry Forecast 2024-2031
Report ID:
SQSG45E2010 |
Region:
Global |
Published Date: April, 2024
Pages:
165
|
Tables:
115 |
Figures:
77
Global Drone Software Market Insights
Global Drone Software Market size was valued at USD 5.96 billion in 2019 and is poised to grow from USD 6.82 billion in 2023 to USD 23.08 billion by 2031, growing at a CAGR of 14.5% in the forecast period (2024-2031).
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 Drone Software Market Report Snapshots
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