Drone Software Market 2022-2028

Description

List of Tables

Title:Global Drone Software Market Size, Share & Trends Analysis Report by Architecture (Open Source, Closed Source), by Offering (Application-Based Software and Desktop-Based Software), by Technology (Advanced Computing and Learning & Intelligence), by Application (Analytics, Image Processing, and Control & Data Capture), and by End-User (Military and Commercial) Forecast Period (2022-2028).

The global drone software market is anticipated to grow at a substantial CAGR of 16.9% during the forecast period. The growing use of artificial intelligence(AI) in drone technology is expected to bolster the drone software market growth. Drone manufacturers are continuously inclined to innovate, research, and embed new technologies such as AI and others to upgrade existing drone offerings. With the integration of AI software and solutions in drones, a drone can fly safely and perform tasks on their own. It also aids in storing and managing a huge chunk of data with enhanced functioning in extreme terrain, locations, and geographies. Furthermore, the key market players are also focusing on adopting strategic initiatives such as mergers, partnerships, and others to expand existing product portfolios. For instance, in July 2020, Plymouth Rock Technologies Inc. partnered with Hummingbird Drone's fire AI division for wildfire analysis with the former company's fleet of drones. Fire AI is a division of the hummingbird drones which is an infrared service provider in Canada.

The global drone software market is segmented based on architecture, offering, technology, application, and end-user. Based on the architecture, the market is sub-segmented into open source and closed source. Based on the offering, the market is sub-segmented into application-based software and desktop-based software. Based on technology, the market is sub-segmented into advanced computing and learning & intelligence. Based on application, the market is segmented into analytics, image processing, and control & data capture. Based on end-user, the market is segmented into military and commercial. Among the application, the analytics segment is anticipated to hold a considerable share in the drone software market. Owing to the increasing demand for drone software in military operations is fueling the market growth, as the drone software used offers better battle analysis and management. Smart drones are majorly used to analyze and gather critical information, which is expected to directly propel the market growth.

Geographically, the global drone software market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). North America region is anticipated to hold a considerable share in the forecast period. Owing to the growing number of companies providing drone software specifically for commercial and military. Drones are used for various application in the commercial and military sector, which includes threat detection, control of crimes, border security, counter insurgencies, and others. According to the Department of Defense (DoD), as of April 2022, around 194 companies manufacturing military-specific drones were established across the globe. Some of the known startups include Anduril, Northrop Grumman, Shield AI, Animal Dynamics, and several others.

The major companies serving the global drone software market include SZ DJI Technology Co., Ltd., Pix4D SA, Esri Global, Inc., DroneDeploy Inc., PrecisionHawk, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in December 2020, SZ DJI Technology Co., Ltd. Introduced Zenmuse XT S, a new high frame-rate Thermal Imaging Camera, it consists of an infrared thermal imaging sensor with high thermal sensitivity and resolutions for clear and detailed thermal imagery used within the drone to capture an enhanced picture.

Research Methodology

The market study of the global drone software market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to break down the market into various segments, and derive the total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macroeconomic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.

Whitepapers, research papers, and news blogs.

Company websites and their product catalog.

The report provides an in-depth analysis of the market size and the intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

Global Drone Software Market Research and Analysis by Architecture.
Global Drone Software Market Research and Analysis by Offering.
Global Drone Software Market Research and Analysis by Technology.
Global Drone Software Market Research and Analysis by Application.
Global Drone Software Market Research and Analysis by End-User.

The Report Covers:

Comprehensive research methodology of the global drone software market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global drone software market.
Insights about market determinants that are stimulating the global drone software market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026725

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Recovery Scenario of Global Drone Software Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
3.2. SZ DJI Technology Co., Ltd.
- 3.2.1. Overview
- 3.2.2. Financial Analysis
- 3.2.3. SWOT Analysis
- 3.2.4. Recent Developments
3.3. Pix4D SA
- 3.3.1. Overview
- 3.3.2. Financial Analysis
- 3.3.3. SWOT Analysis
- 3.3.4. Recent Developments
3.4. Esri Global, Inc.
- 3.4.1. Overview
- 3.4.2. Financial Analysis
- 3.4.3. SWOT Analysis
- 3.4.4. Recent Developments
3.5. DroneDeploy Inc.
- 3.5.1. Overview
- 3.5.2. Financial Analysis
- 3.5.3. SWOT Analysis
- 3.5.4. Recent Developments
3.6. PrecisionHawk, Inc.
- 3.6.1. Overview
- 3.6.2. Financial Analysis
- 3.6.3. SWOT Analysis
- 3.6.4. Recent Developments
3.7. Key Strategy Analysis

4. Market Segmentation

4.1. Global Drone Software Market by Architecture
- 4.1.1. Open Source
- 4.1.2. Closed Source
4.2. Global Drone Software Market by Offering
- 4.2.1. Application-Based Software
- 4.2.2. Desktop-Based Software
4.3. Global Drone Software Market by Technology
- 4.3.1. Advanced Computing
- 4.3.2. Learning & intelligence
4.4. Global Drone Software Market by Application
- 4.4.1. Analytics
- 4.4.2. Image Processing
- 4.4.3. Control & Data Capture
4.5. Global Drone Software Market by End-User
- 4.5.1. Military
- 4.5.2. Commercial

5. Regional Analysis

5.1. North America
- 5.1.1. United States
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. AirMap Inc.
6.2. Airware, Inc
6.3. Auterion Ltd.
6.4. Chetu Inc.
6.5. Draganfly Inc.
6.6. Dreamhammer Inc.
6.7. Drone Amplified
6.8. DroneBase Inc.
6.9. Sensefly Ltd.
6.10. Skydio, Inc.
6.11. Sky-Future Ltd.
6.12. Skyward IO
6.13. Skyward Ltd.
6.14. Wingcopter GmbH
6.15. ZenaDrone, Inc.