The global drone mapping software market size is expected to reach USD 5.53 billion by 2028 according to a new study by Polaris Market Research. The report “Drone Mapping Software Market Share, Size, Trends, Industry Analysis Report, By Type (Open Source, Close Source); By Application (Control and Data Capture, Image Processing, Analytics), By End-Use (Construction, Mining, Agriculture, Military); By Region; Segment Forecast, 2021 – 2028” gives a detailed insight into current market dynamics and provides analysis on future market growth.
With the rapid surge in the proliferation of the Internet of Things (IoT) and the Industrial Internet of Things (IIoT), drones play a significant role, particularly where human travel is risky, costly, or even impossible to reach.
Consequently, unmanned vehicles can often make the trip faster or achieve a task more efficiently and mitigate or reduce the risk, thereby driving the growth of unmanned vehicle services. As a result, unmanned vehicle mapping software services are gaining traction to provide time-saving benefits, manage operational works efficiently, and grow exponentially.
Based on the end-user segment, the construction segment is witnessing a leading stake and demonstrating a considerable CAGR in the global industry over the forecast period. The use of unmanned vehicle mapping software captures images as well as displays precise 2D and 3D models.
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This will fasten the surveys and will help in topographic surveys, visual records of excavation, stock-pile measurement, haul cost estimation, and concerned architectural settings. This, in turn, is projected to accelerate the segment’s growth.
North America is accounting for the leading position, owing to the growing utilization of drone mapping software in mining activities and rising government support to promote the adoption of automation and robotic technology in the region.
Whereas Asia-Pacific is projected to register the highest growth rate/CAGR, owing to increasing construction and agricultural projects, rising initiatives to integrate the latest technologies in unmanned vehicle mapping software solutions, and growing demand for UAVs in developing countries such as China and India.
Market participants include AeroVironment, 3D Robotics, Airware, Inc., Skyward Io, Airware, Inc., Dreamhammer Inc., ESRI, Pix4D, Sensefly Ltd., Precision hawk Inc., and VIATechnik are some of the key players operating in the global market.
Several market vendors are often backing to opt for varied marketing strategies to expand their business operations globally. For instance, in August 2021, Switzerland-based VTOL drone manufacturer Wingtrahas unveiled a new-generation flagship drone – WingtraOne GEN II, in partnership with Esri and Bentley Systems to enable image processing in the cloud.
Polaris Market Research has segmented the drone mapping software market report on the basis of type, application, end-use, and region:
Drone Mapping Software, Type Outlook (Revenue – USD Million, 2016 – 2028)
- Open Source
- Close Source
Drone Mapping Software, Application Outlook (Revenue – USD Million, 2016 – 2028)
- Control and Data Capture
- Image Processing
Drone Mapping Software, End-Use Outlook (Revenue – USD Million, 2016 – 2028)
Drone Mapping Software, Regional Outlook (Revenue – USD Million, 2016 – 2028)
- North America
- Asia Pacific
- South Korea
- Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa