Global Drone Telematics Market Overview

Drone telematics allows you to remotely monitor drone location and information while efficiently managing many drones. The escalating use of drones for numerous commercial and defense applications is likely to drive up demand for telematics for drones. As per MRFR, Drone Telematics Market is projected to expand from USD 6.62 billion in 2023 to USD 15.8 billion by 2032, reflecting a compound annual growth rate (CAGR) of approximately 10.14% during the forecast period (2024–2032).

Some of the factors that will drive the global market's growth are the advancing use of drones in logistics and transportation and the growing preference for drones for border security.

Competitive Analysis

The essential policies being developed by government bodies worldwide are thought to have a powerful role in the global advancement of the market. The market's production stability is predicted to be variable. Each manufacturer is expected to make microeconomic decisions to ensure long-term business growth and continuity during the forecast timeframe. The restructuring of the market's fundamental operations is expected to impact the market shortly. The upsurge in innovative technologies in the global supply chain is estimated to generate opportunities during the forecast period. The market is projected to witness an improvement in growth cues soon. The reclaimed market potential is projected to augment the worldwide market's progress. The mindset of hypervigilance in the aftermath of the pandemic is intended to guide market decisions throughout the projected period.

The renowned contenders in the drone telematics market size are Verizon Telematics Inc. (US), DJI (China), vHive Ltd. (Israel), EnVue Telematics, LLC (US), Google LLC (US), Octo Telematics (Italy), and Nokia Corporation (Finland).

Segmental Analysis

By type, the drone telematics market consists of quadcopters and fixed-wing. The drone telematics market consists of North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America by region. By technology, the drone telematics market consists of tethered, embedded, and integrated. The drone telematics market consists of medium-range, long-range,  and short-range by range. The drone telematics market consists of commercial, military & defense,  and consumers by end-user.

Detailed Regional Analysis 

North America dominates the drone telematics market. This region is inspired to maintain its dominance during the forecast period due to several key players and the significant expenditures made by these firms in the progress of superior drone telematics solutions. The burgeoning use of drones by European air forces for observation and reconnaissance operations is likely to propel the demand for drone telematics solutions in the global drone telematics market in the forecast period. Throughout the forecast period, the market in this area is expected to expand rapidly. Mounting defense spending and terrorist activity in nations such as India, Indonesia, China, and Australia have greatly raised the demand for combat drones. Defense spending upsurges in nations such as Saudi Arabia, the United Arab Emirates, and Israel are compelling market expansion across the Middle East and Africa. In Latin America, there has been an expansion in the use of drones for intelligence gathering on drug trafficking and rebel groups.

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Industry Updates:

Dec 2021 Antenova, a Hatfield-based maker of antennas and RF antenna modules for M2M and IoT, has announced the 'Affini,' product number SRFL064, a flexible printed circuit (FPC) antenna for worldwide 4G, LTE, and 5G NR networks. This antenna covers all of the major 4G bands and 617-698MHz for 5G coverage and the popular Band 71. It features an I-PEX MHF1 connector so that it can be designed, and it is suitable for small devices that need to work over long distances. Affini delivers good indoor coverage on lower frequencies since RF signals at roughly 600MHz may travel longer distances with good penetration of walls and buildings.