PUBLISHER: KBV Research | PRODUCT CODE: 1373973
PUBLISHER: KBV Research | PRODUCT CODE: 1373973
The North America Drone Software Market would witness market growth of 17.2% CAGR during the forecast period (2023-2030).
The market is anticipated to experience significant growth due to the rising use of drones in both commercial and military applications. In addition, rising retail sales and pervasive adoption of e-commerce platforms are anticipated to create new opportunities to expand the drone software market during the forecast period. Additionally, the use of drones in a growing number of industries, such as mapping, photography, agricultural surveillance, tracking, search and rescue operations, engineering applications, shipping, and delivery, among others, is fuelling the market for drone software.
During the forecast period, the market for drone software is expected to expand significantly due to the growing demand for drone analytics in various commercial applications. Further market growth is anticipated due to rising capital investments, developing government initiatives to create cutting-edge drone software and ongoing technological advancements in the drone sector.
North America, particularly the United States and Canada, has seen a substantial increase in the use of drones for precision agriculture. Software for drones collects multispectral and thermal data that aids farmers in monitoring crop health, optimizing irrigation, and making informed decisions that lead to greater yields and resource efficiency. The forestry industry in North America relies on drones and specialized software for forest management. Drones capture data for tree counting, disease detection, and forest health assessments, helping companies make informed timber harvesting and conservation decisions. The increasing use of drones will propel the development of the regional market in the coming years.
The US market dominated the North America Drone Software Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $4,748.7 million by 2030. The Canada market is experiencing a CAGR of 19.8% during (2023 - 2030). Additionally, The Mexico market would exhibit a CAGR of 18.8% during (2023 - 2030).
Based on Solution, the market is segmented into Application-based, and System-based. Based on Architecture, the market is segmented into Open Source, and Closed. Based on Deployment, the market is segmented into Onboard, and Ground-based. Based on Drone Type, the market is segmented into Rotary Blade, Fixed Wing, and Hybrid. Based on End-use, the market is segmented into Commercial, Consumer, and Military. Based on Vertical, the market is segmented into Media & Entertainment, Defense & Government, Agriculture, Construction & Mining, Logistics & Transportation, Energy & Utilities, and Others. Based on Application, the market is segmented into Filming & Photography, Inspection & Maintenance, Mapping & Surveying, Precision Agriculture, Surveillance & Monitoring, Search & Rescue, and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include Kespry, Inc., SZ DJI Technology Co., Ltd. (iFlight Technology Company Limited), DroneDeploy, Inc., Esri, Inc., Pix4D SA, PrecisionHawk, Inc., AgEagle Aerial Systems, Inc., Skydio, Inc., AirMap Inc. (DroneUp, LLC), DELAIR SAS.
Market Segments covered in the Report:
By Solution
By Architecture
By Deployment
By Drone Type
By End-use
By Vertical
By Application
By Country
Companies Profiled
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