DRONE DEPLOY INDUSTRY SOFTWARE
The drone software market is segmented into Solution, Application, Architecture and Deployment.ĭrone software includes collision avoidance, obstacle detection, and many other device algorithms. As the restrictions lifted, travel recovered quickly, leading to increase in UAV related applications, which expected to boost the drone software market. Moreover, vaccination drive enabled lowering of barriers to economic activity, as well as domestic and international travel. However, various use cases of drone have been developed and utilized by drone service providers during the COVID-19 pandemic, including lab sample pick-up and delivery and transportation of medical supplies to reduce transportation times and minimize infection exposure, aerial spraying of public areas to disinfect potentially contaminated areas, and public space monitoring and guaranty. The reduction in aerospace and defense spending has had a negative impact on autonomous aircraft development and deployment plans, particularly unmanned aerial vehicles (UAVs), reducing demand for drones. Furthermore, the reduced GDP of major economies such as the U.S., UK, China, France, India, Germany, and others in 2020 was anticipated a drop in investment in the aerospace and defense industry. Due to the revenue crunch and rise in maintenance costs were two of the major challenges adversely affecting the drone manufacturers. The COVID-19 impact on the drone software market is unpredictable, and is expected to remain in force for a few years. The global drone software market was valued at $5.96 billion in 2021, and is projected to reach $21.93 billion by 2031, growing at a CAGR of 14.5% from 2022 to 2031.
0 kommentar(er)
