Market Overview

Global Cellular-Connected Drone Market to 2030 - Focus on Drone Type, Components, Applications, and End-user - ResearchAndMarkets.com

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The "Global Cellular-Connected Drone Market: Focus on Drone Type, Components, Applications, and End User - Analysis & Forecast, 2023-2030" report has been added to ResearchAndMarkets.com's offering.

The global cellular-connected drone market is expected to witness static growth during the forecast period 2023-2030, due to the rising adoption of 5G and the need for a real-time positioning system.

Cellular connected drones use the cellular network for positioning, navigation, and communication of drones. Use of cellular networks to operate a drone is a key enabler to rolling out Beyond Visual Line of Sight (BVLOS) operations at a wider scale while keeping operating costs low, using the existing network infrastructure. Cellular operated drones provide real-time situational analysis and when combined with innovative technologies such as computer vision, artificial intelligence, and IoT, it opens a new gateway for the development of completely automated drone solutions.

According to the publisher's analysis, the global cellular-connected drone market is expected to generate $592.1 million in 2023 and is estimated to grow at a CAGR of 13.58%, during 2023-2030. Asia-Pacific is expected to dominate the global market in 2019, with China acquiring the most significant market share, globally. Also, Asia-Pacific and North America are expected to have higher growth rate compared to other regions during the forecast period, 2023-2030.

Key Questions Answered in this Report:

  • What are the major trends in the global cellular-connected drone market across different regions?
  • Which are the players that are catering to the demand for cellular-connected drones, and how are they benchmarked against each other in different regions and countries?
  • What are the factors driving the growth of the cellular drone market during the forecast period of 2023-2030?
  • What are the new revenue pockets for the players operating in the drone/telecommunication industry?
  • How is the market expected to shape-up in the short term (2023-2025), medium-term (2025-2027), and long term (2027-2030)?
  • What are the major challenges inhibiting the growth of the global cellular-connected drone market?
  • What are the major application areas anticipated to increase the demand for the cellular-connected drone market during the forecast period 2023-2030?
  • What is the estimated revenue to be generated in the global cellular-connected drone market in 2023?
  • Which end-user of the cellular-connected drone market (commercial, government, and consumer) is expected to dominate the market in the forecast period?
  • What is the estimated revenue to be generated in the global cellular-connected drone market by end-user in 2023, and what are the estimates by 2030?
  • Which cellular network provider/drone manufacturers/drone operators are expected to dominate the cellular-connected drone market in the coming years?
  • What is the estimated revenue to be generated by the global cellular-connected drone market across different regions (North America, Europe, Asia-Pacific, and Rest-of-the-World) in 2023, and what are the estimates by 2030?
  • Which are the key players in the global cellular-connected drone market, and what are the new strategies that are being adopted by them to dominate the industry?
  • What is the competitive strength of the key leading players in the cellular-connected drone market?

Market Dynamics

Drivers

  • Enabling Long-Range BVLOS Drones Operations Cost-Effectively
  • Increasing Demand for Same-Day Drone Delivery
  • Increasing Investments in the Developments of Smart Cities
  • Introduction of 5G Technology

Challenges

  • Lack of Network Coverage in Rural Areas
  • Security Issues in Communication Channels

Opportunities

  • New Opportunity for Telecom Service Providers in Software and Cloud Services
  • Market for IoT solutions and Drone Data Analytics

Companies Mentioned

  • Airbus S.A.S
  • AT&T Inc.
  • DroneBase
  • Ehang
  • Huawei Technologies Co., Ltd.
  • Nokia
  • T-Mobile
  • Telefonica
  • Terra Drone
  • Verizon Communications Inc.
  • Vodafone Group Plc
  • XAG Drones

For more information about this report visit https://www.researchandmarkets.com/r/1m0g62

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