Global Drone Software Market Size study & Forecast, by Application (Control and Data Capture, Image Processing and Analytics), by Architecture (Open Source and Closed Source), by Offering (Desktop Software and App-Based Software), by Platform (Military an

Global Drone Software Market Size study & Forecast, by Application (Control and Data Capture, Image Processing and Analytics), by Architecture (Open Source and Closed Source), by Offering (Desktop Software and App-Based Software), by Platform (Military and Commercial) and Regional Analysis, 2022-2029

Global Drone Software Market is valued approximately USD 5.96 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 14.5 % over the forecast period 2022-2029. Drone software includes collision avoidance, obstacle detection, and many other device algorithms. It is also used to fuse all signal transmissions through the connected sensors, such as a visual sensor, ultrasound, and infrared sensor. Some drones also include firmware, which is used to fix physical bugs and controls. The Drone Software market is expanding because of factors such as rising use of drones in commercial and military applications and growing capital investment in drone software.

Deployment of autonomous drones is one of the world's fastest-growing technological advancements in defense applications. Its prevalence has progressively increased during the last few decades. According to the Statista, Revenue in the Drones segment amounts to USD 3.99 billion in 2023. The market is expected to grow annually by 3.48% between 2023 and 2027. In global comparison, most of the revenue is generated in China USD 1,394.00 million in 2023. Furthermore, growing capital investment in drone software. The enterprise market is a fast-growing segment of the drone economy today composed of drone hardware, software, and service companies that create various products for the commercial and industrial applications of drones. According to the Statista in 2020, the global enterprise drone market revenue was only USD 4 billion. However, by 2030 the enterprise drone revenue is anticipated to reach USD 29 billion. Another important component driving space increase is rising investments in the research and development related to drones. The global civil drone industry is expected to reach about 21.6 billion U.S. dollars by 2027. Military use has previously accounted for much of drone use, but the industry is increasingly entering commercial, scientific, and agricultural usage. However, vulnerability of hacking Drone Software stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Drone Software Market study includes Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America dominated the market in terms of revenue, owing to the disruptive technologies used in drone software industry are transforming the way and helping the companies to gain competitive advantage. According to the Statista, North American drone package delivery system, amounting to USD 143 million and expected to reach over USD 4.7 billion by 2030. Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as increasing focus on the manufacturing of commercial drones at low cost and increasing government initiatives in defense research development in the market space.

Major market player included in this report are:

Airware, Inc.
3D Robotics
Dreamhammer Inc.
Drone Volt
Dronedeploy Inc.
ESRI
Pix4D
Precisionhawk Inc.
Sensefly Ltd.
Skyward Io

Recent Developments in the Market:
 In October 2022, DroneDeploy announced the acquisition of StructionSite, a reality capture provider that maps out construction projects from ground level. This acquisition will enable customers in the construction industry to deploy aerial drones, ground robots and handheld 360-degree cameras to document their sites at all levels through one unified platform.

Global Drone Software Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Application, Architecture, Offering, Platform, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Application:
Control and Data Capture
Image Processing
Analytics
By Architecture:
Open Source
Closed Source
By Offering:
Desktop Software
App-Based Software
By Platform:
Military
Commercial

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World

Companies Mentioned

Airware, Inc.
3D Robotics
Dreamhammer Inc.
Drone Volt
Dronedeploy Inc.
ESRI
Pix4D
Precisionhawk Inc.
Sensefly Ltd.
Skyward Io

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