Increased private investment in drones and increased use of drones for automated remote infrastructure inspection are some of the factors driving market growth. According to key respondents, the impact of COVID-19 will have a positive impact on the drone software market due to the increase in experimental flights delivering drones in different countries and the realization of the great potential of drone technology by different industrial sectors. Is giving.
New York, June 22, 2022 (GLOBE NEWSWIRE)-Reportlinker.com releases report “Drone Software Market with Solutions, Platform Architecture, and Deployment (Onboard Drones, Ground-Based, Regional-2027 Global Forecasts”) Was announced. : //Www.reportlinker.com/p04706381/? utm_source = GNW
Based on the architecture, the open source segment is expected to lead the drone software market during the forecast period.
Drone software can be open source or closed source based on its architecture. Open source software has an open development process that is reprogrammable and can be modified according to end-user requirements.
Closed source software code is secure and can only be reprogrammed by authorized programmers. Developers are working on innovations such as collision avoidance, air traffic management, and computer vision for drone software.
Companies operating in the drone software market can integrate and experiment with different payloads, control drones with mobile / web applications, create customized algorithms for the required automation, cloud computing, and more. Focusing on progress. These companies are also engaged in research activities to develop fully autonomous drones that function efficiently in complex environments.
Based on the platform, the commercial segment is expected to lead the drone software market during the forecast period.
Based on the platform, the drone software market is divided into defense and government, commercial, and consumer. The commercial segment is further subdivided into agriculture, logistics and transportation, energy and electricity, construction and mining, media and entertainment, insurance, wildlife, and academic research. Leading the market in the commercial media and entertainment segment. With drone swarm software, you can easily control your swarm drone on a single computer with no distance limits and watch video and flight information in real time. Even if the drone in the flock stops due to a time lag, the software ensures that the drone will fly to the synchronized start time at each stop to avoid the risk of collision. With a dedicated server, video information is automatically stored on the server in the event of a lost drone or computer failure. In January 2022, Intel (US) provided drones and software for the Drone Light Show hosted by Destination NSW (Australia). ) And AGB Event (Australia) hosted Australia’s largest Illuminated Drone Light Show for ELEVATE SkyShow Sydney. We offered 500 Intel Illuminated Drones flying over Sydney Harbor for several nights of performance.
North America and the Asia Pacific region are expected to become potential markets for high-growth drone software during the forecast period.
The North American drone software market is expected to grow significantly and reach the highest CAGR during the forecast period. Inspection of industrial assets has historically been defined by significant manual labor that can pose a risk to personnel, as well as the time and resources spent. Obtaining and analyzing high quality data is complex. Traditional drones have proven to be able to mitigate these risks by allowing inspectors to complete their work safely from the ground. However, it still consumes a lot of time and resources due to its complex operations and high likelihood of crashes. In March 2022, Skydio (US) partnered with Optelos (US) to accelerate asset inspection. The combination of Skydio’s autonomous drone software and Optilos’ visual data management software will enable asset inspection companies to identify and resolve issues more quickly, including accurate measurements. ..
The Asia Pacific market is expected to show the highest CAGR as it may be due to innovations in drone software for image processing, fleet management, mapping, cloud connectivity, object detection, and flight control. The retail and e-commerce sector is a major user of drone software in the Asia Pacific region, followed by the healthcare and pharmaceutical sectors.
China and Japan are major markets for drone software used in commercial applications. The general trend of automation and ongoing globalization in India, Australia and China are also driving the growth of the drone software market in the Asia Pacific region. Drones are increasingly being used in the real estate, pollution monitoring, and agricultural sectors to carry out inspections in China and Japan. AutoFlight (China) has announced plans to launch an air taxi by 2025. AutoFlight’s air taxi “Prosperity I” is an electric vertical take-off and landing aircraft with a cruising range of approximately 250km.
Below is a breakdown of the profiles of the major participants in the drone software market.
• By company type: Tier 1-35%. Tier 2 to 45%; and Tier 3 to 20%
• By designation: CLevel Executives – 35%; Directors – 25%; Others – 40%
• By region: North America – 42%; Europe – 21%; AsiaPacific–18%; and other regions ¬–19%
The major players in the drone software market are DJI (China), ESRI (USA), Pix4D SA (Switzerland), DroneDeploy Inc. (USA), PrecisionHawk, Inc. (USA). These companies have strong distribution networks in their logistics operations across North America, Europe, Asia Pacific, and other regions, driving demand for drone software.
This report segments the drone software market based on solution, platform, architecture, deployment, and region. Based on the solution, the drone software market is categorized into applications and systems.
The application is further subdivided into data processing and workflow analysis, flight planning, fleet operations and management, data capture, and SDK. Based on the platform, the drone software market is divided into defense and government, commerce and consumer.
The commercial segment is further subdivided into agriculture, logistics and transportation, energy and electricity, construction and mining, media and entertainment, insurance, wildlife, and academic research. Based on the architecture, the drone software market is divided into open source and closed source.
Based on the deployment, the drone software market is divided into onboard and ground-based. The drone software market is being investigated in North America, Europe, Asia Pacific, the Middle East, Latin America, and Africa.
The scope of the report covers detailed information on key factors influencing the growth of the drone software market, including drivers, restraints, challenges and opportunities. A detailed analysis of the major industry players was done to provide insights into their business. Overview; Solutions and services. Key Strategies; Contracts, Joint Ventures, Partnerships and Contracts, Acquisitions, and Launch of New Products Related to the Drone Software Market.
A competitive analysis of upcoming startups in the drone software market ecosystem is covered in this report.
Reasons to buy this report
This report is expected to help provide market leaders / new entrants with information about the overall and segment revenue approximations of the drone software market. Also, this survey has used drone software.
This report aims to help stakeholders understand the competitive environment of the market, gain insights to improve their business position, and plan appropriate market development strategies. This report is also expected to help them understand market trends and provide information on key drivers, restraints, challenges and opportunities that impact market growth.
The report provides insights on the following guidelines:
• Market Penetration: Comprehensive information about drone software provided by the top players in the market
• Product Development / Innovation: Detailed insights into future technologies, R & D activities, and new product launches in the drone software market.
• Market Development: Comprehensive Information on Profitable Markets – Reports Analyze Drone Software Markets in Different Regions
• Market Diversification: Thorough information on new products, untapped areas, recent developments, and investments in the drone software market.
• Competitive Assessment: A detailed assessment of the market share, growth strategies, products, and manufacturing capabilities of key players in the drone software market.
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