The rapid adoption of drones for commercial and military purposes is expected to boost the growth of the global drone mapping software market. The rapid adoption of drones for commercial and military purposes is expected to boost the growth of the global drone mapping software market

Covid-19 Impact & Market Status

With the rise of COVID-19 cases, the implementation of emergency legislation and the closure of various operations and facilities have been recognized by the year 2020. The outbreak of COVID-19 in Wuhan, China, has spread across the larger APAC, Europe and North America. countries, affecting the drone mapping software market as most of the world’s companies have their headquarters in these countries.

Open source has Accounted for Highest Revenue during the Prediction Period

The open-source car mapping software is becoming increasingly popular, thanks to its high compatibility systems.

In addition, open-source map software is readily available to users worldwide as it is generally inexpensive, which ultimately provides flexibility for the consumer to use such software anywhere, at any given time. In addition, the trend of drone mapping software towards open source is that end users need customized software for drones. These significant gains are expected to further the market demand of the open-source market segment.

High Opportunities in closed source type of drone mapping

part of the closed sources are expected to register a large share in the revenue of the global market. The growing market demand for custom and secure architectural software for unmanned aerial vehicles for military and commercial users may be fuelling the market demand for closed drone mapping software worldwide. Companies are also very interested in working with technology companies to improve their software. For example, in February 2021, SenseFly introduced the expansion of its flagship solution - eBee Geo, which was listed as an affordable option for testers. Therefore, this feature will serve as an important factor in driving global market growth.

Europe holds the largest share during the forecasted Period

The European market is driven largely by the rise of drone mapping services, due to the growing market demand for commercial and military mapping coupled with growing revenue lost in the emerging regional economy. In addition, many companies operating in the region are emphasizing the development of low-cost aircraft that are self-contained and unmanned, accompanied by improved residential capacity, which is also a key factor in promoting regional growth.

In addition, Asia-Pacific holds the highest CAGR in the global market by 2020. The proliferation of international firms in these emerging Asian countries is leading to an increase in the adoption of unmanned aerial vehicles in various specific industries, such as infrastructure, construction, mining, and agriculture. In addition, government programs for development and advanced technology in the agricultural sector, as well as the development of automated drones, are some of the factors contributing to regional growth.

The growing innovation of commercial and military has emphasized the fact that industries have developed advanced solutions and software that has a positive impact on the drone mapping software. This software is specially designed to meet the needs of the automotive industry for both drone aircraft and image data transfer, as well as to provide test distance results at lower inches.

The gradual shift to new drones integrated with map software has led to reduced field time and testing costs, reduced business complexity, improved flexibility, and loss of productivity. Therefore, the adoption of digital and innovative solutions in the industrial sector enhances the perception of global market drone mapping software market. Several governments from different regions have also imposed strict land closures and segregation policies in order to reduce the spread of the novel coronavirus, which is now widely accepted as the most effective way to combat the epidemic. Therefore, there has been a temporary reduction in the use of map software due to global closure and economic stress in the epidemic. As a result, the drone mapping software market has been experiencing significant declines in recent years.

The global Drone Mapping Software is projected to be around USD 6,993.1 million by 2028, at a CAGR of 26.7 % during the prediction period.

The market is divided due to the growing number of consumer drones using drones. Market players in Drone Mapping Software worldwide are expected to invest in new technologies. Moreover, the success of these vendors depends largely on their willingness to accept new products. Some of the major manufacturers in the industry are Delta Drone, VIATechnik,  AeroVironment, ESRI., Pix4D, SenseFly Ltd, Drone deploy Inc , and others.

Key Findings in the Global Drone Mapping Software: a Snapshot

• Key players working in the drone mapping software market are producers and suppliers of tier I and tier II.
• The growing innovation of commercial and military has emphasized the fact that industries have developed advanced solutions and software that has a positive impact on the drone mapping software.
• The outbreak of COVID-19 undermines the shut of business in many industries. Governments around the world have pushed for the closure of the door to control the spread of the disease. This has resulted in a decline in the production and production capacity, restrictions on supply and transportation, and a decline in infrastructure. Subsequently, this has led to a reduction in the demand for drone mapping software worldwide.

This market research study was created by compiling data from primary and secondary sources. Secondary research was conducted using a variety of sources, including (but not limited to) SEC filings, company websites, technical journals, paid data sources, financial reports, and other industry publications.

Drone Mapping Software Market Scope

Key Segments of the Global Drone Mapping Software

Product Type Overview, 2018-2028 (USD Million)

• Open source
• Closed source

Application Overview, 2018-2028 (USD Million)

• Construction
• Agriculture
• Mining
• Others

Regional Overview, 2018-2028 (USD Million)

North America

• U.S
• Canada

Europe

• Germany
• France
• UK
• Rest of Europe

Asia Pacific

• China
• India
• Japan
• Rest of Asia Pacific

South America

• Mexico
• Brazil
• Rest of South America

The Middle East and South Africa

• Saudi Arabia
• UAE
• Rest of MEA