Drone Software Market to grow at a CAGR of 11.25 percent during the forecast period

(IT-NEWSWIRE.COM, September 08, 2023 ) The “Drone Software Market” was valued USD 5.6 Bn in 2022 and is expected to grow at a CAGR of 17.9 percent over the forecast period to reach USD 17.73 Bn by 2029.

Drone Software Market Scope and Research Methodology

Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin & Sales by Product are all included in this global Drone Software market research report. The research offers market size, growth rate, and country-level data, as well as demand and supply aspects that influence worldwide Drone Software market growth in different nations.

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Drone Software Market Dynamics

Increasing adoption of drones and technological advancement in developing drone is expected to boost the Drone Software Market growth. The rising use of drones in precision agriculture to optimize the use of resources in agriculture is contributing to market growth. The high initial cost of drones is expected to restrain the market growth.

Drone Software Market Regional Insight

North America region is expected to boost the Drone Software market growth over the forecast period. Expansion of drone software capabilities including data analytics is expected to boost the regional market growth.

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Drone Software Market Segmentation

By Software Type:

Flight Planning and Control Software

Data Processing and Analysis Software

Mapping and GIS Software

Imaging and Visualization Software

Others

By Architecture:

Open Source

Closed Source

By Platform:

Desktop Based Software

Application Based Software

By Deployment Mode:

Cloud-based

On-premises

By Application:

Agriculture

Construction and Infrastructure

Mining and Quarrying

Environmental Monitoring

Mapping and Surveying

Others

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Drone Software Market Key Players Include

Airware, Inc. (US)

3D Robotics (US)

Dreamhammer Inc. (US)

Drone Volt (France)

Drone Deploy Inc. (US)

ESRI(U.S.)

Maximize Market Research is leading Information Technology & Telecommunication research firm, has also published the following reports:

FPV Drone Market: The market size is expected to reach USD 1136.56 Mn by 2029 at a CAGR of 19.03 percent during the forecast period.

Drone Motor Market: The total market size is expected to reach USD 16.31 Bn by 2029 at a CAGR of 3.57percent over the forecast period.

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Drone Software Market to grow at a CAGR of 11.25 percent during the forecast period