Drone Software Market | Covid-19 Impact Analysis

Drone Software Market Insights

Drone Software Market is likely to witness an impressive CAGR of 28.2% during the forecast period. Growing investments and the increasing use of drones in commercial and military applications are the major factors expected to bolster the growth of the drone software market during the forecast period.

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Market Share Analysis

Drone Software Market Share: By Application Type

Based on the application type, the market is segmented as control and data capture, image processing, and analytics. The analytics segment is estimated to depict substantial growth during the forecast period. The growth can be attributed to data captured by drones, which can be utilized for analytics and delivered to businesses to facilitate their effective decision-making. Drone software are developed suitably to the varied needs of different applications.  

Drone Software Market Share: By Architecture Type

Based on the architecture type, the market is segmented as open source and closed source. The open source segment is expected to command the market in the coming five years. The growth of the segment is fueled by the easy availability of open source software and their preference by many companies. Further, as end-users require customized software for operating drones, the segment is likely to depict a higher growth during the forecast period.

Drone Software Market Share: By Offering Type

Based on the offering type, the market is segmented as desktop software and app-based software. The app-based software segment is expected to register a higher growth during the forecast period, as they are practical in terms of their usage in remote areas or places, where carrying a desktop station is a constraint.  

Drone Software Market Share: By Platform Type

Based on the platform type, the market is segmented as military and commercial. The commercial segment is estimated to depict a higher growth in the coming five years, owing to the rapid adoption of drones by various companies in the commercial sector for various applications.

Drone Software Market Share: By Region

In terms of regions, North America led the drone software market in 2018, and is estimated to continue its dominance during the forecast period. The region’s market is driven by disruptive technologies employed in drone software industry, which are enabling the companies to transform their business operations and also supporting them gain competitive advantage. The drone software market in the Asia-Pacific region is estimated to register high growth during the forecast period, as technological innovations and increasing focus on the manufacturing of commercial drones at low cost remain the prime factors driving the region’s market.  

Drone Software Market: Key Players

Some of the major players in the drone software market Airware, Inc., Drone Volt, Dronedeploy Inc., ESRI, 3D Robotics, Pix4D, PrecisionHawk Inc., Skyward IO, Inc., and Sensefly Ltd. 

Market Scope & segmentation

Drone software is used for various purposes such as capturing data, processing images and making an analysis of data. The software can be of open source as well as closed source.

Drone software is available as desktop software as well as app-based software. Military and commercial platforms are areas where drone software is used.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The drone software market is segmented into the following categories. 

Drone Software Market Size, Share, & Forecast, by Application Type:

• Control and Data Capture 
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Application Type Analysis: Operating System, Autopilot, and Fleet Management Software)
• Image Processing 
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Application Type Analysis: 2D/3D Mapping and Object Recognition)
• Analytics 
  • (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
  • (Application Type Analysis: Cloud Connection)

Drone Software Market Size, Share, & Forecast, by Architecture Type:

• Open Source (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Closed Source (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Drone Software Market Size, Share, & Forecast, by Offering Type:

• Desktop Software (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• App-Based Software (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Drone Software Market Size, Share, & Forecast, by Platform Type:

• Military (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)
• Commercial (Regional Analysis: North America, Europe, Asia-Pacific, and RoW)

Drone Software Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the platform types by application type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].