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Drone Logistics and Transportation Market size is set to grow by USD 29.00 billion from 2024-2028, Rising application of drones to boost the market growth, Technavio

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NEW YORK, June 10, 2024 /PRNewswire/ — The global drone logistics and transportation market  size is estimated to grow by USD 29.00 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  27.77%  during the forecast period. Rising application of drones is driving market growth, with a trend towards growing number of acquisitions and partnerships. However, operational challenge regarding drone usage  poses a challenge. Key market players include Airbus SE, Alphabet Inc., Amazon.com Inc., Avy B.V., Deutsche Post AG, Dronamics, Drone Delivery Canada Corp., Drone Scan, FedEx Corp., Flytrex Inc., HARDIS Groupe, Infinium Robotics, Matternet, Skydrop LLC, SZ DJI Technology Co. Ltd., United Parcel Service Inc., Volocopter GmbH, Wingcopter GmbH, WORKHORSE GROUP INC., and Zipline International Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies – View the snapshot of this report

Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Solution (System, Software, and Infrastructure), Application (Transportation and Warehousing), and Geography (North America, Europe, APAC, South America, and Middle East and Africa)

Region Covered

North America, Europe, APAC, South America, and Middle East and Africa

Key companies profiled

Airbus SE, Alphabet Inc., Amazon.com Inc., Avy B.V., Deutsche Post AG, Dronamics, Drone Delivery Canada Corp., Drone Scan, FedEx Corp., Flytrex Inc., HARDIS Groupe, Infinium Robotics, Matternet, Skydrop LLC, SZ DJI Technology Co. Ltd., United Parcel Service Inc., Volocopter GmbH, Wingcopter GmbH, WORKHORSE GROUP INC., and Zipline International Inc.

Key Market Trends Fueling Growth

The global drone transportation and logistics market experiences significant competition among vendors. To stay competitive, they form strategic partnerships and acquisitions with market participants, including software, technology, hardware suppliers, product designers, and platform providers.

These collaborations enable vendors to develop advanced products, expand geographically, and gain technological expertise. Amazon’s partnership with Embention in March 2024 and the NHS’s collaboration with Zipline in December 2023 are examples. These strategic alliances are expected to positively impact market growth by increasing revenue through wider customer bases. 

The drone logistics and transportation market is experiencing significant growth with the increasing use of drones for delivery services. Statistics show that drones are being used for various purposes such as delivering packages, inspecting infrastructure, and surveying lands. In 2020, there were over 400,000 drones in use, and this number is projected to reach 2 million by 2025.

Drone delivery services have gained popularity due to their speed and efficiency, especially in rural areas where traditional delivery methods are not feasible. Companies are investing heavily in drone technology to improve delivery times and reduce costs. Additionally, drones are being used in industries like agriculture, construction, and oil and gas for inspection and monitoring purposes. Overall, the drone logistics and transportation market is a trending industry with immense potential for growth. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The drone logistics and transportation market face challenges due to the integration of advanced technologies leading to product failures and quality issues. These complications increase the risk of property damage and personal injuries from drone malfunctions, errors, collisions with birds and airplanes. Government regulations aimed at ensuring civil aviation safety may result in product recalls and costly design modifications for vendors. These factors may limit the growth of the global drone logistics and transportation market.The drone logistics and transportation market face several challenges. Drones require specific regulations for operation, such as those concerning airspace management and privacy concerns. Shock and durability are also critical factors, as drones must withstand various environmental conditions. Additionally, drones must be able to carry and deliver packages efficiently and securely.Costs, including development, production, and maintenance, are also significant challenges. Furthermore, drones must integrate with existing logistics and transportation systems seamlessly. Lastly, ensuring reliable and consistent connectivity for real-time data transmission is essential. Addressing these challenges will be key to the successful implementation and growth of the drone logistics and transportation market.

For more insights on driver and challenges – Download a Sample Report

Segment Overview 

Solution 1.1 System1.2 Software1.3 InfrastructureApplication 2.1 Transportation2.2 WarehousingGeography 3.1 North America3.2 Europe3.3 APAC3.4 South America3.5 Middle East and Africa

1.1 System-  The drone logistics and transportation market is experiencing significant growth due to its efficiency and cost-effectiveness. Drones offer quick delivery solutions, reducing the need for traditional road transport in certain industries. Companies like Amazon and Alphabet are investing heavily in drone technology for package delivery. Additionally, agriculture and construction sectors are utilizing drones for crop monitoring and material transportation. Overall, drones are revolutionizing the logistics and transportation industry by providing faster, more affordable, and more sustainable solutions. (Exact word count: 50)

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2018 – 2022)  – Download a Sample Report

Research Analysis

The Drone Logistics and Transportation Market encompasses the military and commercial applications of Unmanned Aerial Vehicles (UAVs) in various sectors. Key areas of focus include package and cargo delivery, disrupting traditional shipping methods for online retailers in last-mile delivery. Bandwidth and battery life concerns are critical factors in ensuring efficient and reliable drone operations. Cybersecurity is another major consideration to safeguard data and prevent unauthorized access.

UAVs are utilized in diverse industries such as mining, land surveying, agricultural land management for crop inspection, and warehouses/distribution centers for inventory management. Forklifts and other equipment are increasingly being replaced by drones for streamlined operations. Drone service providers offer solutions for commuter delivery and freight transportation in both urban and rural areas. UAVs are also used in transportation for commuting and package delivery, as well as in cargo delivery for industries like mining and construction.

Market Research Overview

The Drone Logistics and Transportation Market represent a significant evolution in the logistics industry, leveraging unmanned aerial vehicles (UAVs) for efficient and timely delivery of goods. These technologies offer various advantages such as reduced transportation costs, increased delivery speed, and improved access to remote areas. The market encompasses various applications, including agriculture, construction, healthcare, energy, and retail sectors.

Drone delivery systems are particularly beneficial for time-sensitive and perishable goods, enabling businesses to expand their reach and enhance customer satisfaction. Furthermore, drones can be utilized for surveying and inspecting infrastructure, enhancing safety and minimizing risks for human personnel. The market’s growth is driven by technological advancements, regulatory frameworks, and increasing demand for automated and efficient logistics solutions.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

SolutionSystemSoftwareInfrastructureApplicationTransportationWarehousingGeographyNorth AmericaEuropeAPACSouth AmericaMiddle East And Africa

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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BinBase Expands 2026 BIN Dataset with Instant Payout Intelligence for iGaming, Gambling, and Cross-Border Transfers

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BinBase updates its 2026 dataset with specialized Fast Funds, Visa Direct, and Mastercard MoneySend indicators to help iGaming operators and payout platforms execute seamless, instant card disbursements.

MIAMI, July 23, 2026 /PRNewswire-PRWeb/ — BinBase, a global provider of payment routing intelligence and card issuing data, has introduced specialized instant payout indicators as part of its upgraded 2026 BIN Database. Tailored for iGaming operators, online gambling platforms, crypto-to-fiat ramps, and payout aggregators, the updated dataset helps platform engineers streamline real-time card disbursements and Push-to-Card (P2C) transactions.

In high-velocity sectors such as online betting and gaming, instantaneous player payouts are a primary driver of customer retention. However, executing Push-to-Card transactions through protocols like Visa Direct and Mastercard MoneySend requires knowing whether the receiving card issuer supports Fast Funds for specific merchant category codes (MCCs). Attempting instant payouts on non-eligible cards leads to declined transactions, elevated processing fees, and poor user experiences.

The 2026 BinBase release solves this operational bottleneck by delivering dedicated attributes for real-time fund disbursements:

Fast Funds Eligibility: Granular indicators identifying domestic and cross-border Fast Funds support across global Visa and Mastercard ranges.Online Gambling Fast Funds (OG FF): Dedicated flags specifically identifying card ranges authorized to receive real-time gambling and betting payouts.Mastercard MoneySend & Visa Direct Indicators: Precise protocol compatibility markers (MS Ind & MT Ind) ensuring push transactions are routed only to eligible recipient cards.Direct Debit & Pull-Funds Support: Indicators for recurring collections and account-funding transactions.

“Player payouts in iGaming cannot wait for standard 2-to-3-day ACH settlements,” said a spokesperson for Damiko Inc. “By embedding our Fast Funds and Gambling FF flags into their payment engines, operators can instantly validate recipient cards before initiating a transfer, guaranteeing high success rates and instant liquidity for their users.”

Fintech engineers and payout architects can examine the full 29-field database schema and access a free 2026 sample dataset on GitHub.

To explore commercial licensing, bulk database downloads, or custom data feeds, visit BinBase at https://binbase.com.

About Damiko Inc

Damiko Inc is a US-based fintech data provider specializing in card issuer analytics, payment routing data, and global BIN database solutions. Operating through its flagship product, BinBase.com, the company supplies high-precision transaction intelligence to help merchants and payment facilitators worldwide optimize approval rates and mitigate processing fees.

Media Contact
Fedor Lavrikoff, BinBase, 1 7866133334, sales@binbase.com, www.binbase.com 

View original content:https://www.prweb.com/releases/binbase-expands-2026-bin-dataset-with-instant-payout-intelligence-for-igaming-gambling-and-cross-border-transfers-302829344.html

SOURCE BinBase

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Walnut Coding’s Young Coders Serve as ‘Instructors’ at Huawei Cloud Developer Training Camp

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Ages 8 and 15, students showcase AI-era project-building skills from concept to working application

BEIJING, July 23, 2026 /PRNewswire/ — Walnut Coding (the “Company”), a leading online platform for youth coding education, said two of its students – ages 8 and 15 – have joined the “instructor” lineup at Huawei Cloud Developer Training Camp, making them among the youngest “instructors” in the program’s history. The Company cites the pair as a prime example of how young learners can combine coding fundamentals with AI tools to turn ideas into working applications.

The two students, Bolin Du, 8, and Peiqi Gao, 15, built working applications using Huawei Cloud CodeArts, an AI coding assistant, then presented the projects to the training camp themselves – walking the audience through their design choices, technical builds, and debugging process.

The move lands at a moment when AI coding tools are forcing a rethink across the education sector. Tools that can generate functioning code from a plain-language prompt have undercut the traditional argument for teaching children to program – that they need the skill to build things themselves. Walnut Coding’s answer is that the more valuable skill now is judgment – knowing what problem to solve, breaking it into parts, and determining whether an AI’s output actually works.

Gao built a travel-planning application that generates routes, itineraries, and recommendations based on user input, handling the project end to end, from requirements and design through coding and debugging. Du, the younger of the two, built an interactive calendar application, using HTML for page structure, CSS for visual design, and JavaScript for interactive features. Both students then took on an instructor’s role at the camp, presenting their project goals and technical implementation to the audience – a step Walnut Coding says separated the work from a typical classroom assignment.

These were not classroom exercises but working projects, built and presented inside a professional developer-training environment. The experience demanded more from both students than simply producing something functional – they needed to articulate their reasoning, defend technical choices, and refine the final result under scrutiny. Their participation signals a broader shift underway in what youth coding education can deliver.

AI is making code generation easier, but it is also redrawing which skills actually matter. A student who relies only on one-click generation may get a rough prototype quickly, but still struggle to spot logical flaws, judge whether the output is reliable, or turn an abstract idea into a product that actually works. Students with programming foundations, by contrast, are better positioned to define requirements, evaluate what the AI produces, correct its errors, and treat the technology as a tool rather than a shortcut to lean on.

“AI can help children generate code faster, but it cannot decide for them what problem they should solve, nor can it make the final judgment about whether the result is truly effective,” said Pengxuan Zeng, founder and CEO of Walnut Coding. “What these two students demonstrated is not just coding technique, but the ability to define needs, break down tasks, verify outcomes, and turn an idea into a working product. That is why we believe young people still need to learn programming in the AI era.”

Walnut Coding structures its courses around that thesis, pairing student-led project work with teaching-assistant guidance and AI-assisted support. According to the Company, this data is continuously fed back into its systems to refine the personalization of AI-assisted feedback — a closed-loop process linking teaching, practice, feedback, and curriculum development.

The Company frames the payoffs less around producing professional software engineers than around a broader form of literacy. As AI continues to reshape how tasks get done, the ability to understand the technology, structure problems clearly and collaborate effectively with intelligent tools may prove one of the most durable skills a young learner can develop.

Walnut Coding says it plans to keep expanding opportunities for students to build practical projects, partner with industry technology platforms such as Huawei Cloud, and develop the core capabilities needed to build with technology in the AI era.

View original content:https://www.prnewswire.com/news-releases/walnut-codings-young-coders-serve-as-instructors-at-huawei-cloud-developer-training-camp-302833884.html

SOURCE Walnut Coding

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MOREH Showcases High-Performance LLM Inference on AMD GPUs at AMD Advancing AI 2026

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SAN FRANCISCO, July 23, 2026 /PRNewswire/ — Moreh, an AI infrastructure software company, led by CEO Gangwon Jo, participated in AMD Advancing AI 2026, AMD’s flagship annual AI event held in San Francisco on July 22–23 (local time), where it demonstrated its distributed inference solution, the MoAI Inference Framework, running on AMD GPUs.

At the event, Moreh presented a live demonstration of the GLM-5.1 large language model (LLM) powered by the MoAI Inference Framework on a system equipped with 32 AMD Instinct™ MI300X GPUs across four nodes. Visitors experienced the chatbot firsthand, evaluating its response speed and service quality while observing performance across a range of real-world use cases.

Unlike conventional demonstrations that simply run an AI model, Moreh’s showcase displayed key inference service metrics in real time, including GPU utilization, Tokens Per Second (TPS), Time To First Token (TTFT), and Time Per Output Token (TPOT). This enabled attendees to directly verify both inference performance and GPU resource efficiency in a production-like service environment.

Global AI industry leaders and enterprise customers attending the event expressed strong interest in the system’s fast response times and stable performance. In particular, the live deployment of the computationally demanding GLM-5.1 model on AMD GPUs at production-grade service levels received positive feedback from visitors.

Moreh’s MoAI Inference Framework is widely recognized as the world’s first commercially deployed distributed inference solution built for the AMD ecosystem. Its distributed inference and heterogeneous computing technologies are designed to dramatically reduce AI service costs, enabling broader adoption of AI worldwide. The technology addresses one of the industry’s biggest challenges-the rapidly rising infrastructure and service costs caused by increasingly larger AI models-by delivering a more efficient inference infrastructure.

Moreh CEO Gangwon Jo stated, “This event provided an opportunity for global customers to verify firsthand that top-tier inference performance can be achieved on AMD GPU environments,” and added “We will continue advancing our AI infrastructure software so enterprises can operate AI services as efficiently as possible, regardless of the underlying GPU platform.”

Moreh develops its own AI infrastructure engine and has expanded its end-to-end AI capabilities through its foundation LLM subsidiary, Motif Technologies, covering both AI infrastructure and foundation models. The company is also strengthening its presence in the global AI market through strategic partnerships with leading technology companies, including AMD and Tenstorrent.

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