According to the research report, the global drone mapping software market size value increases from USD 1.03 Billion in 2020 and is expected to reach USD 5.53 Billion by 2028, growing at a CAGR of 27.7% during the forecast period.Overview
According to the research report, the global drone mapping software market size value increases from USD 1.03 Billion in 2020 and is expected to reach USD 5.53 Billion by 2028, growing at a CAGR of 27.7% during the forecast period.
The use of drones is becoming the norm gradually, and one of the most thrilling applications of this technology is aerial surveying. The drone mapping software entails capturing hundreds of aerial images and then patching them together digitally with mapping software specialized in making a more extensive and precise composite image. Drone mapping software permits drones to profitably carry out missions during which LIDAR data or aerial imagery are recorded to create 2D and 3D maps of models. Utilizing drones for this cause offers considerable costs and time-saving. The software may be positioned on a devoted drone ground control station or a standard device like a tablet, laptop, or mobile.
The covid-19 pandemic harmed the drone software market. Around the globe, the pandemic has spread over 200 countries. Many deaths have been reported worldwide, and millions of people have been affected. The governments were trying to flatten the curve by dictating harsh lockdowns in many countries. But in the covid-19, drone service requests have seen positive growth for drone delivery, asset management, remote monitoring, homeland security, and surveys. This positive growth has accounted for the rise in demand for this market.
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Important Questions Being Answered By The Market Report
- What will the market size and the growth rate be in 2028?
- How much is the drone mapping software market worth?
- What is the crucial segment in the global drone mapping software market?
- What are the key factors associated with this market?
- Which factors are anticipated to drive the acquisition of drone mapping software products?
- Who are the major players in the global drone mapping software market?
Drone Mapping Software Market: Growth Leading Factors
Depletion in the total cost of drones because of a significant decline in the price of manufacturing has led to a growing adoption rate of commercial drones across various industries. The factor is anticipated to positively influence the global drone mapping software market's growth by intensifying market opportunities for both new and established players. The growing number of activities of research and development, together with the increase in investment across several verticals, are anticipated to have a positive impact on the market. The growing number of mining activities and construction projects is expected to influence the growth of drone mapping software.
The drone mapping software is acquiring acceptance across various applications like agriculture, construction, and mining due to its high accuracy in capturing image and generation maps utilized for numerous purposes. It offers real-time images with the assistance of which the users are illuminated about the project site.
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Global Drone Mapping Software Market: Report Scope
Report Attribute | Details |
Market Size 2020 Value | USD 1.03 Billion |
Market Outlook for 2028 | USD 5.53 Billion |
Expected CAGR Growth | CAGR 27.7% from 2021 - 2028 |
Base Year | 2020 |
Forecast Year | 2021 - 2028 |
Top Market Players | 3D Robotics, AeroVironment, Airware, Inc., Airware, Inc., Delta Drone, Dreamhammer Inc., Drone Volt, Dronedeploy Inc., ESRI, Pix4D, Precision hawk Inc., Sensefly Ltd., Skyward Io, and VIATechnik |
Segments Covered | By Type, By Application, By End-Use, By Region |
Geographies Covered | North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Customization Options | Customized purchase options are available to meet your research needs. |
Insights By Type, Application, End-User, And Region
Depending on the type, the market includes open and closed sources. The global market is aimed to be dominated by open-source architecture. The dominance is accredited to extensive obtaining of open source software by a consumer base that is large. Many commercial users favor the extremely compatible system due to it being user-friendly. By application, the market is segmented into image processing, analysis and control, and data capture. Drone mapping software is gaining acceptance in military-based operations because effective analytic systems and battle management offer accurate information. By the end-user, the market is segmented into construction, agriculture, and mining.
North America is anticipated to dominate the global drone mapping software market. The market dominance is because of the growing number of military and commercial software development solutions that intensify operating and efficiency capabilities. The market in Europe is anticipated to develop at a rate that is moderate because of the growing demand for commercial and military drones in countries like France, the UK, Germany, and others. The majority of the companies functioning in the region are concentrated on advancing autonomous and cost-effective drones with self-landing and take-off capabilities.
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The Market Is Primarily Dependent On The Type, Application, End-User, And Region
Drone Mapping Software Market: By Type Outlook
- Open Source
- Close Source
Drone Mapping Software Market: By Application Outlook
- Control and Data Capture
- Image Processing
- Analytics
Drone Mapping Software Market: By End-User Outlook
- Construction
- Agriculture
- Mining
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