The drone software market is projected to grow from USD 5.1 billion in 2022 to USD 11.2 billion by 2027, at a CAGR of 17.1% from 2022 to 2030. Increasing use of drones for automated remote infrastructure inspection, Rise of open-source drones are some of the factors fueling the growth of the market.
Increasing demand for drones or unmanned aerial vehicles (UAV) is being witnessed for use in business processes across industries such as construction, mining, agriculture, and real estate. Drones, both fixed-winged and rotary-winged, can be remotely controlled or fly autonomously. This is accomplished with the help of software-controlled flight plans, which are embedded in their systems. Two types of software are offered by drone manufacturing companies: system software and application software. This software is developed or modified depending on the application of the industry served by them. For instance, drones for commercial purposes can be used to perform tasks such as drone-based photography, traffic monitoring, weather monitoring, videography, delivery services, surveillance, and firefighting. They can also be used in activities such as collecting samples in archaeology, mining & logging, wildlife photography, news media aerial filming, and professional aerial photography.
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DJI (China), ESRI (US), Pix4D SA (Switzerland), DroneDeploy Inc. (US) and PrecisionHawk, Inc. (US) are the leading players operating in the drone software market. These players have adopted various growth strategies such as contracts, agreements, acquisitions, expansions, new product launches, partnerships & certifications, investments, venture capital funding, new service launches, and research & development (R&D) activities to further expand their presence in the drone software market.
DJI is a leading global manufacturer of commercial drones. It manufactures a wide range of cameras, drones, software, flight controllers, drone accessories, propulsion systems, and camera gimbals (aerial and handheld). The company offers its products for different applications in the agriculture, energy, public safety, entertainment, infrastructure, and construction sectors. DJI offers its products through DJI online stores, DJI-operated stores, and retail stores. Along with civilian use, products of the company are also used in military and intelligence applications. DJI has its in-house R&D and manufacturing facilities in China. It has its offices in the US, Germany, the Netherlands, Japan, China, and Hong Kong. The company generates most of its revenue from the US and China.
ESRI was established in 1969 and is headquartered in California, US. The company is privately held and employed 4,000 people in 2021. The company spends about 30% of its annual revenue on R&D. ESRI offers software solutions for commercial unmanned aerial vehicles. The company provides Drone2Map, a desktop application that transforms raw, still imagery from drones into detailed information using ArcGIS. It also offers an analytical platform for surveys across various industries for geographic knowledge. The company’s software includes Geographic Information Systems (GIS), geospatial analysis, geography, web mapping, location analytics, demographics, 3D site selection, IoT, and step-by-step training to use the software. The collected data is analyzed, processed, and presented in a user-friendly manner to the end user. The company provides services to local and state governments as well as industries, including telecommunications, defense, and gas & electric.
Pix4D is a Swiss company that started in 2011 as a spinoff of the École Polytechnique Fédérale de Lausanne (EPFL) Computer Vision Lab in Switzerland. It develops a suite of software products that use photogrammetry and computer vision algorithms to transform DSLR, fisheye, RGB, thermal, and multispectral images into 3D maps and 3D modeling. Pix4D provides software for professional drone-based mapping, purely based on images. Pix4D is operational in the designing and development of software solutions for unmanned aerial vehicles. Software developed by Pix4D uses images taken by drone or aircraft and creates a customizable range of applications. This software creates georeferenced maps, mosaics, and 3D models with high precision.
DroneDeploy Inc. is a privately held company offering software solutions for commercial unmanned aerial vehicles. It provides cloud-based software for drones, which offer an analytical platform for surveys across various industries. The company’s software services include 3D mapping, image processing, data collection, flight planning, and inspection. The collected data is analyzed, processed, and presented in a user-friendly manner to the end user. The company provides services to industries such as agriculture, mining, real estate, and construction. DroneDeploy, Inc. customers have mapped and analyzed more than 30 million acres in over 160 countries.
PrecisionHawk, Inc. manufactures drones, software, and drone safety solutions for agriculture, utilities, oil and gas, insurance, construction, and government sectors. It provides complete advanced drone technology platforms with flight mapping, tracking, and analysis features. The Unmanned Aerial Intelligence Technology Center of Excellence (UAS COE) of the company was set up to enable government agencies such as the US Department of Defense and the North Carolina State Department of Transportation (US) to obtain aerial intelligence data. PrecisionHawk, Inc. is a member of the US Federal Aviation Administration Pathfinder Initiative and the NASA unmanned aircraft system traffic management (UTM) program. It is also an authorized dealer of DJI products. The company has a customer base in North America, Europe, Asia Pacific, the Middle East, etc.
Drone Software Market by Solution (Application, System), Platform (Defense & Government, Commercial, Consumer) Architecture (Open Source, Closed Source), Deployment (Onboard Drone, Ground-Based, Region - Global Forecast to 2027
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