“Global UAV Software market set to grow to $47.5bn in 2030” says Visiongain report

10 January 2020
Defence

Visiongain has launched a new defence report UAV Software Market 2020 : By Software Application (Control and Data Capture, Image Processing, Analytics), by Software Offering (Desktop Software, App-Based Software), by Platform (Military, Commercial) and by Architecture (Open Source, Closed Source), by Region and National Market PLUS Leading Companies.

As per Visiongain analysis, the UAV Software market has been analysed on the basis of four segments namely application, architecture, platform, and component. The market is estimated to be valued at US$ 6.2 billion in 2020 and is projected to grow at a CAGR of 22.6% during the forecast period, to reach US$ 47.5 billion by 2030. Major factors driving the growth of UAV software market includes increasing use of unmanned aerial vehicles for commercial applications. There is an increasing demand of UAVs for applications such as agriculture, infrastructure, mining, weather monitoring, traffic monitoring, survey and public safety, among others. Vulnerability to cyber-attacks is one of the major issue faced by UAV software. Increase in number of UAVs has also led to increasing number of cyber-security issues. Lack of proper security makes the UAVs vulnerable to cyber threats. Increasing cyber attacks, accepting UAVs as a secured platform in some of the defense applications, and obtaining certification for system designs to meet the current safety and regulatory standards set by nations in case of any up-gradation or new designs done by manufacturers are the most significant factors acting as a challenge to the growth of this market.

The 200 page report contains tables, charts and graphs that add visual analysis in order to explain developing trends within the Global UAV Software market. Visiongain provides market size and distribution forecasts for the period 2020-2030 for the 2 leading submarkets, namely military and commercial.

The comprehensive report offers market forecasts and analysis for 13 leading national markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering 15 companies leading the field in UAV Software.

Leading companies featured in the report who are developing UAV Software include AgEagle, Airobotics, Delair, 3D Robotics, Dreamhammer, Inc., DroneDeploy, Drone Volt, ESRI, Inc., Kittyhawk, Pix4D SA, PrecisionHawk, Inc., Scopito, Sensefly LTD., SKYCATCH, SkyWard

The UAV Software Market Report will be of value to anyone who wants to better understand the Global UAV Software market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the defence industry.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 20 7549 9987.

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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