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Drone Package Delivery Market worth $4,666 million by 2030 – Exclusive Report by MarketsandMarkets™

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CHICAGO, July 5, 2024 /PRNewswire/ — The Drone Package Delivery Market is valued at USD 693 million in 2024 and is projected to reach USD 4,666 million by 2030, at a CAGR of 37.4% from 2024 to 2030 according to a new report by MarketsandMarkets™. The drone package delivery market is driven by the growing need for quick, instant, same day delivery, and emergency supplies. The drones offer a cost-effective delivery solution as compared to traditional ground-based delivery methods, especially for last-mile deliveries. The UAV-based delivery reduces the need for large delivery vehicles, which in turn lowers traffic congestion and decreases greenhouse gas emissions. Furthermore, the enhancements in regulatory frameworks to support drone package delivery by focusing on reducing carbon emissions are also driving the market growth.

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Browse in-depth TOC on “Drone Package Delivery Market”

240 – Tables
81 – Figures
291 – Pages

Drone Package Delivery Market Report Scope:

Report Coverage

Details

Market Revenue in 2024

$ 693 million

Estimated Value by 2030

$ 4,666 million

Growth Rate

Poised to grow at a CAGR of 37.4%

Market Size Available for

2020–2030

Forecast Period

2024–2030

Forecast Units

Value (USD Million/Billion)

Report Coverage

Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

Segments Covered

By Solution, Type, Range, Medium, Package Size, Duration, End Use, Operation Mode and Region

Geographies Covered

North America, Europe, Asia Pacific, and Rest of World

Key Market Challenge

Data Security Breaches

Key Market Opportunities

Use of drones for delivery in military operations

Key Market Drivers

Increasing demand for fast delivery services

 

Based on the End Use, the Medical Aid segment is estimated to hold the highest market share during the forecast period.

Based on the End Use, the Medical Aid segment is estimated to lead the drone package delivery market from 2024 to 2030. Medical Aid is growing rapidly due to the urgent requirement of quick and accurate delivery of medical products, particularly in remote areas. The Development in drone technology has enhanced the delivery of essential items including medicine, vaccines, and blood samples within a short time to improve on patient care quickly. The demand for medical aid via drones is growing globally due to its cost-effectiveness, instant supplies and ability to deliver in remote areas which drives the market growth.

Based on the Solution, the Platform segment is estimated to hold the highest market share during the forecast period.

Based on the Solution, the Platform segment is estimated to hold the highest market share during the forecast period. The growth of the segment is due to the adoption of drones for the delivery of food items, product packages, and medical supplies, among others. There is increasing investment in R&D for advanced weather-resistant drones for more enhanced deliveries with the support of regulatory approvals. The advanced application of AI for route planning and self-organizing control systems, along with the improved connectivity of the existing systems within the logistic networks to improve operational efficiency of drone to drive the growth of delivery drone market.

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Based on regions, the Asia Pacific is projected to grow at highest CAGR for Drone Package Delivery industry during forecast period.

Based on region the Asia Pacific region is estimated to account for the highest CAGR during the forecast period.  The growth of the market in this region is attributed to the rapid urbanization, increasing e-commerce platforms and advanced technological adoption. The increasing use of drones in the countries such as China, India, Japan, Malaysia among others is experiencing demands for instant food and grocery deliveries. The Asia Pacific drone parcel delivery market is expected to witness significant growth due to advanced technological innovations, low-cost manufacturing, and increasing demand for instant deliveries in the region.

Key Players

The Drone Package Delivery companies is dominated by a few globally established players such as Alphabet Inc. (US), Zipline International, Inc. (US), United Parcel Service, Inc. (US), Wingcopter (Germany) and Matternet, Inc. (US).

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Browse Adjacent Market: Aerospace and Defence Market Research Reports & Consulting

Related Reports: 

UAV (Drone) Market by Type (Fixed Wing, Rotary Wing, Hybrid), Platform (Civil & Commercial, and Defense & Government), Point of Sale, Systems, Function, Industry, Application, Mode of Operation, MTOW, Range and Region – Global Forecast to 2029

Drone Logistics and Transportation Market by Platform (Freight, Passenger, Ambulance Drones), Application (Logistics, Transportation), Solution (Hardware, Software, Infrastructure), User, Range, and Region – Global Forecast to 2030

Autonomous Last Mile Delivery Market by Platform (Aerial Delivery Drones (Cargo Drones, Delivery Drones), Ground Delivery Vehicles (Delivery Bots, Self-Driving Vans & Trucks)), Solution, Application, Payload Weight, Range and Region – Global Forecast to 2030

Drone Services Market by Type (Platform Service, MRO, Training and Simulation), Application (Inspection and Monitoring, Mapping and Surveying, Sprating and Seeding, Filming and photography, Others), Solution, Industry and Region – Global Forecast to 2028

Multirotor Drones Market by Application (Defense, Aerial Shooting, Business & Commerce, Law Enforcement, Environmental Inspection), Payload (Electro-optic Sensor, Cameras, Sense & Avoid System, LiDAR, CBRN, Wi-Fi, GPS), & Region – Global Forecasts to 2020

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

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Innoscience’s current products are not affected by both rulings of the Munich Regional Court

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MUNICH, June 18, 2026 /PRNewswire/ — Innoscience today announced that the Munich Regional Court has just issued a pair of rulings, from which it could be confirmed that Innoscience’s currently marketed gallium nitride (“GaN”) power device products fall outside the scope of Infineon’s asserted German patents and may be commercialized in Germany without restriction.

These rulings are fully consistent with the final determination issued last month by the U.S. International Trade Commission (“ITC”), which found that Innoscience’s current products do not infringe Infineon’s asserted U.S. patent relating to packaging design (U.S. Patent No. 9,899,481). The Munich case concerns the German counterparts of that same patent family. In line with the ITC’s findings, the Munich Court found infringement only with respect to a limited set of legacy products—certain packaged 650–700V transistors—that had already been discontinued. Therefore, any injunction granted would not apply to Innoscience’s current product portfolio. As a result, there is no impact on Innoscience’s ongoing operations or its customers’ use of its products in Germany.

The decisions mark another significant milestone in Innoscience’s string of favorable outcomes across major jurisdictions. They follow the company’s recent success in China, where it secured an injunction and damages award against Infineon, as well as its decisive victory at the ITC in the United States last month. Together, these rulings reaffirm the legality of Innoscience’s current product portfolio and its ability to operate freely in key global markets.

While proceedings in Germany remain ongoing, including Innoscience’s invalidity challenges to the asserted German patent, the growing body of decisions across China, the United States, and Germany underscores that the global litigation campaign initiated by Infineon has not altered the competitive position of Innoscience’s core products. To the contrary, independent judicial findings across multiple jurisdictions have consistently validated the robustness of Innoscience’s technology and reinforced market confidence in the company’s product compliance and innovation capabilities.

Innoscience remains committed to advancing its technology leadership and expanding its global footprint, delivering cutting-edge GaN solutions to customers worldwide in a fair and competitive marketplace.

View original content:https://www.prnewswire.com/news-releases/innosciences-current-products-are-not-affected-by-both-rulings-of-the-munich-regional-court-302805093.html

SOURCE InnoScience

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NetZoom Announces Data Center Infrastructure Management Solution for Higher Education Institutions

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NetZoom® is a robust DCIM for managing College and University data centers, campus infrastructure and smart classrooms

CHICAGO, June 18, 2026 /PRNewswire-PRWeb/ — NetZoom offers an intuitive Data Center Infrastructure Management (DCIM) solution designed to help colleges and universities document, visualize, and manage the infrastructure supporting campus IT services, research computing, smart classrooms, and distributed data center environments.

NetZoom helps colleges and universities establish a reliable source of truth, improve operational planning, and support critical infrastructure without adding unnecessary burden to IT and facilities teams.

Higher education institutions often manage infrastructure spread across data centers, MDF/IDF closets, labs, classrooms, and multiple campus locations while supporting digital learning, campus connectivity, research workloads, and administrative systems. These environments require accurate asset management, reliable connectivity documentation, capacity planning, and operational visibility across IT and facilities.

Common infrastructure management challenges in higher education include:

Lack of a single source of truth for asset managementDistributed assets across the entire campusLimited space, power, cooling, and budget resources as digital learning, research computing, and campus IT services continue to expandMaintaining uptime and resiliency for critical academic, research, and administrative systems

“Higher education institutions are managing increasingly complex data center environments that support students, faculty, research, and campus-wide digital services,” said Uriel Campos, General Manager at NetZoom, Inc. “To manage these environments effectively, teams need clear visibility into their assets, connectivity, capacity, power, and cooling. NetZoom helps colleges and universities establish a reliable source of truth, improve operational planning, and support critical infrastructure without adding unnecessary burden to IT and facilities teams.”

NetZoom also supports IT and facilities teams by centralizing asset, connectivity, capacity, power, cooling, and change management data in a visual DCIM platform. By bringing these functions together, institutions can improve resource planning, reduce reliance on manual tracking, identify capacity constraints, and better understand the impact of infrastructure changes.

NetZoom’s DCIM solution offers significant benefits to higher education institutions including:

Campus-wide infrastructure visibility: Helps IT and facilities teams maintain a centralized view of assets across data centers, MDF/IDF closets, labs, classrooms, and distributed campus locations.Improved planning for space, power, and cooling: Provides visibility into capacity utilization so institutions can better support growing digital learning, research computing, and administrative systems.Reduced reliance on manual tracking: Centralizes asset, connectivity, capacity, and change management data to help reduce spreadsheet dependency, duplicate records, and inconsistent documentation.Operational support for limited IT resources: Helps streamline day-to-day infrastructure management, giving campus teams better access to the information needed to plan changes, troubleshoot issues, and manage equipment lifecycles.Scalable support for evolving campus technology: Allows institutions to start with core DCIM functions and expand into areas such as monitoring, reporting, service management, integrations, and advanced capacity planning as their needs grow.

Availability

NetZoom DCIM for Higher Education is immediately available in both SaaS and On-Premises deployments. For demonstrations, POCs, pricing and deployment options, contact NetZoom at 630-281-6464, email Sales@NetZoom.com or visit NetZoom.com

About NetZoom

Founded in 1995, NetZoom, Inc. is an Illinois corporation with headquarters in the Chicago area. NetZoom offers a flexible and powerful application that integrates with on-premise, virtual and cloud resources and many third-party tools like ServiceNow® to create a complete DCIM solution for data center professionals worldwide to effectively model, manage, monitor and maximize IT and Facility infrastructure.

For more information, visit NetZoom.com

NetZoom is a registered trademark of NetZoom, Inc. All other marks and names are trademarks of their respective companies.

Media Contact

Marketing Department, NetZoom, Inc., 1 630-281-6464, Marketing@NetZoom.com, https://NetZoom.com

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SOURCE NetZoom, Inc.

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NOVVA Group acquires 120 MWp Philippines solar project, anchoring its AI-era power platform in Southeast Asia

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HONG KONG, June 19, 2026 /PRNewswire/ — NOVVA Group (“Novva”), a global AI-enabling energy infrastructure platform, announced today that it has signed a definitive agreement to acquire 100% of San Jose Solar Power Plant (“SJSP”), a utility-scale solar PV project in Bukidnon, Mindanao, from Mabuhay Power Holdings Corporation. The acquisition marks Novva’s first investment in the Philippines and a critical milestone in its strategy to build a scalable, bankable power platform across Southeast Asia.

SJSP is a 120 MWp greenfield solar project located in Barangay San Jose, in the Municipality of Quezon, Bukidnon. Once operational, it is expected to generate over 200 GWh of clean electricity per year. Construction is scheduled to begin in Q1 2027, with commercial operation targeted for 2028.

The transaction comes amid an unprecedented surge in Asian power demand, driven by the rapid expansion of artificial intelligence, cloud computing, and digital infrastructure. With energy availability emerging as the primary constraint on sustained economic growth, resilient power infrastructure has become vital. The project also advances the Philippines’ goal of a 35% renewable energy share by 2030, channelling clean capacity into one of Southeast Asia’s fastest-growing digital economies.

Steven Liu, Founder and CEO of Novva, said: “Power availability has become one of the defining constraints on future growth. With SJSP, we are securing the strategic infrastructure needed to support the next wave of industrial and digital development. By combining disciplined execution with long-term partnerships, Novva is building a reliable clean energy foundation to power the future of Southeast Asia.”

SJSP will integrate directly into Novva’s regional platform, which combines renewable generation, flexible power solutions, energy storage, grid connectivity and infrastructure financing capabilities. Novva remains committed to scaling clean energy capacity to sustain the next generation of hyperscale data centres and digital economies.

About Novva
Novva (NOVVA Group Pte. Ltd.) is a global AI-enabling energy infrastructure platform that originates, finances, builds, and operates bankable clean energy assets across Southeast Asia and Latin America. As digital transformation drives an unprecedented increase in global electricity demand, Novva scales its clean power capabilities to build the reliable energy foundation for the AI era and beyond.
www.novvaglobal.com

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SOURCE NOVVA Group

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