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Drone Market to Grow by USD 36.1 Billion from 2024-2028, Driven by Increased Drone Applications, Report on AI’s Impact on Market Landscape – Technavio

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NEW YORK, Feb. 7, 2025 /PRNewswire/ — Report with market evolution powered by AI – The global drone market size is estimated to grow by USD 36.1 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 15.23% during the forecast period. Rise in applications of drones is driving market growth, with a trend towards new developments and launches of commercial drones. However, restrictive laws and regulations governing uav use poses a challenge. Key market players include AeroVironment Inc., Autel Robotics Co. Ltd., DELAIR SAS, Drone Delivery Canada Corp., DroneDeploy Inc., EHang Holdings Ltd., Intel Corp., Kespry Inc., Kitty Hawk Corp., Leptron Unmanned Aircraft Systems Inc., Parrot Drones SAS, Pix4D SA, PrecisionHawk Inc., Skydio Inc., Spirit AeroSystems Inc., SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Terra Motors Corp., The Boeing Co., Trimble Inc., and Yuneec International Co. Ltd.

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (Industrial, Terrestrial imagery and mapping, Precision agriculture, Inspection and monitoring, and Others), Type (Rotary blade, Fixed wing, and Hybrid), and Geography (APAC, North America, Europe, Middle East and Africa, and South America)

Region Covered

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

Key companies profiled

AeroVironment Inc., Autel Robotics Co. Ltd., DELAIR SAS, Drone Delivery Canada Corp., DroneDeploy Inc., EHang Holdings Ltd., Intel Corp., Kespry Inc., Kitty Hawk Corp., Leptron Unmanned Aircraft Systems Inc., Parrot Drones SAS, Pix4D SA, PrecisionHawk Inc., Skydio Inc., Spirit AeroSystems Inc., SZ DJI Technology Co. Ltd., Teledyne Technologies Inc., Terra Motors Corp., The Boeing Co., Trimble Inc., and Yuneec International Co. Ltd.

Key Market Trends Fueling Growth

Unmanned aircraft, also known as Unmanned Aerial Vehicles (UAVs) or Unmanned Aircraft Systems (UAS), are robots that fly without a human pilot on board. This market includes various types of drones, such as rotary wing and fixed wing, powered by heat engines, jet engines, or electrical engines. Trends in this industry include GPS technology for traffic monitoring, videography, agriculture, delivery services, weather monitoring, search and rescue, surveillance, military, and defense applications. Sensors like ultrasonic, laser, LIDAR, time-of-flight, chemical, stabilization, orientation, thermal, hyperspectral, and minerals play a crucial role in drone functionality. The agriculture segment, construction sector, real estate sector, and oil and gas industries are significant markets for commercial drones. Companies like AeroVironment Inc and Skydio lead in this sector. Drones are used for various purposes such as aerial videography, photography, flora and fauna, public services, thermal imaging cameras, and precision agriculture applications. The market is expanding into sectors like e-commerce, border security, energy, insurance industries, and military capabilities. Regulations and subsidy programs are shaping the industry’s growth. 

Drones have transformed the commercial sector due to their ease of deployment, minimal maintenance costs, mobility, and ability to hover. They are extensively used in various industries such as wireless coverage and remote sensing, search and rescue operations, delivery services, security and surveillance, precision agriculture, and civil infrastructure inspection. In emergency situations like natural or man-made disasters, drones play a crucial role in expediting rescue efforts. They can quickly survey vast areas during disasters like floods, wildfires, and avalanches, providing essential data for effective response planning. Additionally, drones can transport medical supplies to inaccessible areas and offer timely disaster warnings, enhancing overall disaster management efforts. 

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Market Challenges

The Drone Market encompasses various unmanned aircraft, aerial vehicles, and systems, collectively referred to as drones. These robotic flying machines employ GPS technology for traffic monitoring, videography, agriculture, delivery services, and weather monitoring, among others. Challenges in sectors like agriculture, construction, real estate, and public services, have led to the integration of drones in mining, oil and gas, transportation, entertainment, telecommunications, and more. Drones incorporate sensors such as ultrasonic, laser, LIDAR, time-of-flight, chemical, stabilization, orientation, and thermal sensors. Companies like Skydio, AeroVironment Inc, and Raptor Maps lead the market with innovations in drone technology, including autonomous drones, precision agriculture applications, and filming and photography. The hybrid segment caters to the e-commerce sector, border security, and military operations. Regulations and subsidy programs influence the market’s growth, while hobbyist drones cater to individual users. Drones offer solutions in various industries, including infrastructure, energy, insurance, military capabilities, and the political arena.Drones, although offering numerous business applications, pose a significant security concern due to their misuse by criminals and terrorists. The ease of access to drone technology and lax regulations increase the risk of drones being used for nefarious activities, such as terror attacks or surveillance of sensitive areas. To mitigate these risks, governments are implementing stricter regulations. These regulations include mandatory type certification for drones, obtaining a drone pilot license for operators, and completing training from authorized remote pilot training organizations. These measures aim to minimize the potential for drones to be used for criminal or terrorist activities.

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Segment Overview 

This drone market report extensively covers market segmentation by

ApplicationIndustrialTerrestrial Imagery And MappingPrecision AgricultureInspection And MonitoringOthersTypeRotary BladeFixed WingHybridGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

1.1 Industrial- The industrial sector is experiencing significant growth in the use of drones due to their efficiency and safety benefits. Real-time aerial inspections enable quick assessment of construction sites, reducing potential hazards by 91%. Autodesk, a leading software company in architecture and construction, has invested in drone manufacturer 3D Robotics since 2018. Their collaboration offers a UAV-to-cloud solution, allowing drone data to be analyzed using Autodesk software. Additionally, drones act as portable communication towers during emergencies or large events, enhancing network capacity. These factors are fueling the demand for drones in industrial applications.

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Research Analysis

Unmanned aircraft, also known as Unmanned Aerial Vehicles (UAVs) or Unmanned Aircraft Systems (UAS), are robotic aircraft that operate without a human pilot on board. These flying machines have gained significant attention in various industries due to their versatility and capabilities. UAVs are used for traffic monitoring, videography, agriculture, delivery services, weather monitoring, search and rescue, and more. In the commercial sector, they are employed in real estate, construction, and inspection of unstable roofs and electrical cables. UAVs are equipped with GPS, computing, microcontrollers, and processors for navigation and data processing. They have applications in defense and border security, with autonomous drones used for precision-guided bombs and missiles in military operations. Aerial photography and video recording are common applications, while surveying and mapping are also popular uses for UAVs.

Market Research Overview

Unmanned aircraft, also known as Unmanned Aerial Vehicles (UAVs) or Unmanned Aircraft Systems (UAS), refer to robotic aircraft that operate without a human pilot on board. These robots use Global Positioning System (GPS) technology for navigation and can be employed in various sectors for traffic monitoring, videography, agriculture, delivery services, weather monitoring, search and rescue, surveillance, military, and defense applications. UAVs come in different forms such as rotary wing drones and fixed wing drones, and can be powered by heat engines, jet engines, or electrical engines. They are equipped with sensors including ultrasonic, laser, LIDAR, time-of-flight, chemical, stabilization, orientation, thermal, hyperspectral, and various types of cameras. The agriculture segment, construction sector, real estate sector, and oil and gas industries are significant users of UAVs for crop health monitoring, surface composition analysis, and infrastructure inspections. UAVs are also used in public services, transportation, entertainment and media, telecommunications, mining, and construction industries. Autonomous drones are increasingly being used for military operations, video recording, surveying, logistics, retail organizations, emergency response, and even in the political arena. UAVs are also used in hobbyist applications and can be used for infrastructure inspections, energy sector monitoring, insurance industries, and military capabilities. Regulations and subsidy programs play a crucial role in the drone market. UAVs are also used for anti-aircraft target practice, artillery spotting, intelligence gathering, and weather monitoring. UAVs can be equipped with sensors such as ultrasonic sensors, laser sensors, LIDAR sensors, time-of-flight sensors, chemical sensors, stabilization sensors, orientation sensors, thermal sensors, and hyperspectral sensors. The drone market is expected to grow significantly in the coming years due to the increasing demand for UAVs in various industries and applications.

Table of Contents:

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

ApplicationIndustrialTerrestrial Imagery And MappingPrecision AgricultureInspection And MonitoringOthersTypeRotary BladeFixed WingHybridGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

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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NUH WINS GOLD AT IHF AWARDS 2026 FOR GREEN OPERATING THEATRE PROGRAMME

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 NUH won Gold and received an Honourable Mention for its sustainability efforts at the International Hospital Federation Awards 2026, alongside presentations of its green surgical initiatives, digital health and organisational improvement initiatives at the World Hospital Congress.

SINGAPORE, Oct. 21, 2026 /PRNewswire/ — The National University Hospital (NUH) has won the Gold Award (Low Carbon Healthcare) for its Green Operating Theatre programme at the International Hospital Federation (IHF) Awards 2026. The hospital also received an Honourable Mention (Hospital Sustainability Acceleration) for its system-wide approach to embedding sustainability across healthcare delivery and hospital operations.

The awards were presented at the 49th World Hospital Congress in Seoul, where NUH is also sharing other initiatives in environmental sustainability, digital health and organisational improvement.

Professor Aymeric Lim, Chief Executive Officer of NUH, said: “Healthcare must become more sustainable without compromising patient care. Our teams have shown that simple, practical changes on the ground, from the way we run our operating theatres to how we use resources, can make a real difference. This recognition belongs to the multi-disciplinary teams and partners who turned ideas into everyday practice, and who continue to improve how we care for our patients.”

Advancing low-carbon healthcare by reducing the environmental impact of surgical care

NUH’s Green Operating Theatre (OT) programme began with efforts to reduce the use of high-carbon anaesthetic gases. What started as a targeted decarbonisation initiative has since grown into a hospital-wide programme that brings together clinicians, nurses, operations teams and facilities staff to drive sustainability across surgical practices, resource use, waste management and energy management.

The programme has achieved a 99 per cent reduction in the use of desflurane, a high-carbon anaesthetic gas, and delivered annual energy savings of about 660,000 kWh by optimising operating theatre ventilation during non-operating hours.

Surgical teams redesigned instrument sets used for high-volume knee replacement procedures to better reflect routine requirements, reducing emissions by almost 10,000 kg CO2e annually while also cutting water use and sterilisation workload. Efforts have also been made to reduce unnecessary consumables and expand medical recycling streams.

Collectively, these initiatives have generated valuable insights that NUH has actively shared through inter-cluster platforms and collaborations, helping to inform the adoption of low-carbon practices across Singapore’s public healthcare system.

Embedding sustainability into everyday healthcare delivery

NUH received an Honourable Mention for its organisation-wide approach to embedding sustainability into hospital planning and operations.

Guided by the IHF Sustainability Accelerator Tool, NUH integrated sustainability into leadership oversight, strategic planning and everyday decision-making, strengthening efforts in Appropriate Value-based Care, virtual care, procurement, workforce engagement and environmental stewardship.

This system-wide approach to advancing a sustainable healthcare system has been recognised internationally. In 2025, NUH became the first hospital worldwide to receive the Joint Commission International-Geneva Sustainability Centre’s Healthcare Sustainability Certification. This year, it was the only hospital in Singapore to be accorded the highest 5-Leaf distinction in Newsweek-Statista’s World’s Greenest Hospitals index.

A new model of rehabilitation care

Recognised as one of the top three healthcare innovations selected for the International Hospital Federation’s i-to-i Innovation Hub Awards 2026, the NUH Virtual Rehabilitation Centre (VRC) is helping to extend rehabilitation beyond hospital walls.

Developed as a virtual-first rehabilitation ecosystem, the VRC combines personalised patient education, self-management tools, AI-enabled telerehabilitation, remote monitoring and digital rehabilitation pathways to support patients throughout their recovery journey. By enabling rehabilitation to continue beyond traditional clinic visits, the VRC improves access to care, strengthens patient participation in recovery and allows therapists to focus their attention on patients with more complex rehabilitation needs. The digital home exercise programme, for instance, supports around 2,000 patients and records about 21,000 logins each month, freeing up the equivalent of 66 physiotherapist workdays annually for direct patient care.

The innovation demonstrates how technology can be used not simply to digitise existing services, but to transform how rehabilitation is delivered at scale.

Helping doctors work smarter with electronic medical records

NUH also presented results from its Great Epic Transformation (GET) programme at the 49th World Hospital Congress in Seoul. The hospital-wide programme trained specialist doctors to personalise their Epic electronic medical record (EMR) workflows, using customised note templates, order sets and shortcuts to work more efficiently.

Nine months after training, participating doctors spent 10.2 per cent less time in the EMR each day, equivalent to more than 33 hours saved per doctor annually, while time spent placing orders fell by 26.5 per cent. Twelve of 13 efficiency measures improved across both medical and surgical specialties. Based on annual estimates, the overall efficiency gains are valued at more than S$91 million a year.

The programme is being extended to allied health professionals and pharmacists across NUHS, with a target of reaching more than 2,000 healthcare professionals by the end of 2026.

About the National University Hospital (NUH)­

The National University Hospital (NUH) is Singapore’s university hospital. While the hospital at Kent Ridge first received its patients on 24 June 1985, our legacy started from 1905, the date of the founding of what is today the NUS Yong Loo Lin School of Medicine. NUH is the principal teaching hospital of the medical school.

Our unique identity as a university hospital is a key attraction for healthcare professionals who aspire to do more than practise tertiary medical care. We offer an environment where research and teaching are an integral part of medicine, and continue to shape medicine and transform care for the community we care for.

We are an academic medical centre with over 1,200 beds, serving more than one million patients a year with over 50 medical, surgical and dental specialties. NUH is the only public and not-for-profit hospital in Singapore to provide trusted care for adults, women and children under one roof, including the only paediatric kidney and liver transplant programme in the country.

The NUH is a key member of the National University Health System (NUHS), one of three public healthcare clusters in Singapore. For more information, visit www.nuh.com.sg

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SOURCE National University Hospital (NUH)

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NEXCOM NGFW platforms secure growing traffic across modern academic networks

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TAIPEI, Oct. 21, 2026 /PRNewswire/ — NEXCOM, a leading supplier of network appliances, is helping academic institutions strengthen network security as digital learning expands across cloud platforms, AI-powered tools, remote access, and connected campus services.

As educational environments become more distributed, academic networks must support growing traffic and diverse connections while protecting sensitive data and maintaining reliable access to learning resources. NEXCOM’s Next-Generation Firewall (NGFW) platforms provide a centralized security layer for inspecting and controlling traffic across campus and remote environments.

Learn more about securing digital learning environments in the joint case study.

Centralized Security for Digital Learning

On campus, NGFW platforms can inspect traffic between academic networks and external resources as students and faculty access learning platforms and web services. For remote users, secure VPN connectivity supports authorized access to internal resources while enabling centralized security policies.

“Every new digital service in education adds value for students and educators, but it also adds traffic, connections, and another layer of security responsibility,” says Allan Chiu, VP of Networking and Communication Solutions at NEXCOM. “The challenge is making sure security keeps pace without slowing down the learning experience. NEXCOM’s NGFW platforms provide the performance and scalability needed to secure modern, highly distributed academic networks.”

Scalable Platforms for Network Security

NEXCOM’s portfolio provides scalable platforms for firewall, edge security, secure remote access, and demanding network security workloads. Key platforms include:

NSA 7160R: A 2U high-performance security platform powered by dual Intel® Xeon® Scalable processors, with eight PCIe 5.0 expansion slots and throughput of up to 1.6 Tbps.FTA 5190: A compact 1U edge server powered by Intel Xeon 6 SoC technology, designed for reliable connectivity and security at the network edge.

About NEXCOM

Founded in 1992 and headquartered in Taipei, Taiwan, NEXCOM is shaping the future of AI-powered networking with its software-defined solutions. Through its Network and Communication Solutions (NCS) unit, NEXCOM delivers cutting-edge platforms for Cybersecurity, OT Security, SD-WAN, SASE, Load Balancing, 5G uCPE, edge AI, and more. NCS specializes in professional design and manufacturing services, enabling reliable and scalable network infrastructures for businesses of all sizes. With a focus on innovation, NEXCOM’s solutions empower customers worldwide to build resilient, high-performance networks tailored to the demands of tomorrow’s connectivity challenges.

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SOURCE NEXCOM International Co., Ltd.

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Forrester’s 2027 B2B Go-To-Market Predictions: AI Agents Will Influence 75% Of B2B Purchase Decisions

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To remain competitive, providers must strengthen customer trust, substantiate value claims, and offer human expertise and guidance

SINGAPORE, Oct. 22, 2026 /PRNewswire/ — According to Forrester’s (Nasdaq: FORR) 2027 B2B go-to-market predictions, business buyers will increasingly deploy AI agents to handle tasks across the buying process, from supplier discovery and information gathering to contract-renewal analysis. While truly autonomous buying will remain concentrated in high-volume, low-risk, and repeatable purchases, the ubiquity of these agents will require providers to ensure that their systems and sellers can respond with speed, accuracy, and consistency.

Forrester’s B2B Predictions reports, covering topics including B2B go-to-market strategy, business buyers, and content and creative, offer forward-looking insights to help executives and their teams anticipate change, reduce uncertainty, and make confident decisions ahead of market shifts. Key highlights from the 2027 B2B go-to-market predictions include:

Buyers will double their human interactions to validate AI-generated recommendations. As AI becomes the primary interface for researching products and providers, buyers will encounter more AI-generated recommendations, synthetic content, automated outreach, and agent-mediated interactions. Since AI cannot fully judge service provider fit, feasibility, trust, or accountability, buyers will require conversations with provider teams and trusted third parties including analysts, customer references, and partners to confirm and validate buying decisions.Two-thirds of providers will lose deals because buyers cannot verify claims. Buyers already use AI-assisted search and analysis tools to gather information about products and vendors, synthesize provider claims, and fact check. As the reliance on these capabilities continue to advance, go-to-market teams will need to act fast to restructure content discovery for AI tools, including providing credible and consistent proof points that AI tools can index and validate.Most CMOs will cut programs or accept reduced capacity after overestimating AI gains. As pressure intensifies to reduce personnel costs with AI, marketing leaders will eliminate as many as 25% of roles in anticipation of productivity gains that fail to meet expectations. As a result, they will have to choose between cutting program budgets to restore capacity through rehiring, contractors, or agency support or accept reduced execution with a smaller team. In either case, lower campaign investment, weaker execution, or both will reduce marketing’s overall value contribution.

“In 2027, the defining challenge for B2B go-to-market leaders will be to make deliberate choices about what to automate and where human judgment still matters,” said Sharyn Leaver, chief research officer at Forrester. “As AI becomes ubiquitous across the buying process, B2B leaders that pair AI-driven speed and convenience with transparency, control, and trust will extract the most value from AI.”

Resources:

Download Forrester’s 2027 Predictions guide for B2B go-to-market.Register for Forrester’s webinar exploring the key trends reshaping B2B go-to-market strategies in 2027.Learn how to turn these predictions into action through Forrester’s global B2B events and research programs.

About Forrester
Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We empower leaders in technology, customer experience, digital, marketing, revenue, and product functions to make confident decisions in an AI-driven world and accelerate growth through customer obsession. Our unique research and continuous guidance model helps executives and their teams achieve their initiatives and outcomes faster and with confidence. To learn more, visit Forrester.com.

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SOURCE Forrester

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