The drone software market is segmented on the basis of solution, end use, architecture, deployment, and region. By solution, it is divided into system and application. By end use, it is divided into defense & government, agriculture, energy & power, construction & mining, media & entertainment, logistics & transportation, and others. By architecture, it is segmented into open source, and closed source. By deployment, it is divided into onboard drones and ground-based. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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The key players that operate in this drone software industry are AirMap Inc, Delair, DJI Technology, DroneBase, DroneDeploy, ESRI, Kespry Inc., MEASURE, Pix4D SA, PrecisionHawk, Inc., SENSEFLY, SHARPER SHAPE, SKYCATCH INC, Skydio, Sky-Future, Skyward IO (Verizon Company), Yuneec, and others.
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The usage of drones across various applications is increasing exponentially. As a result, leading players are investing significantly to develop cutting-edge software. For instance, in December 2019, Precision Hawk announced a $32 million investment in drone software and services. It plans to use this financing to develop the next generation of Precision Analytics, its AI-powered aerial data analytics platform. In February 2017, Microsoft Ventures, the venture capital (VC) arm of the Redmond, Washington–based software giant, led a $26 million venture round in AirMap, a drone startup that is the leading maker of software that manages air traffic for drones.
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The flexibility, cost-effectiveness, and high efficiency associated with drones have resulted in the proliferation of drone deployment in commercial and private applications. The rise in implementation of drones in multifaceted applications has also increased the cybersecurity threat for its users. The modern drones come equipped with GPS, USB ports, and other means of technologies that can act as a critical cybersecurity target for hijackers to easily hijack the drone. The hackers can also exploit the drones by accessing the unencrypted Wi-Fi and GPS technologies, which are used by the drones to communicate.
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Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the drone software market analysis from 2021 to 2031 to identify the prevailing drone software market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the drone software market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global drone software market trends, key players, market segments, application areas, and market growth strategies.
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