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Delivery Drone Market worth $7.65 billion by 2031 – Exclusive Report by MarketsandMarkets™

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DELRAY BEACH, Fla., July 3, 2026 /PRNewswire/ — According to MarketsandMarkets™, the Delivery Drone Market is projected to grow from USD 2.88 billion in 2026 to USD 7.65 billion by 2031 at a CAGR of 21.6% during the forecast period. In terms of volume, the market is projected to grow from 114,939 units in 2026 to 292,544 units by 2031.

Browse 180 market data Tables and 90 Figures spread through 315 Pages and in-depth TOC on ‘Delivery Drone Market – Global Forecast to 2031’

Delivery Drone Market Size & Forecast:

Market Size Available for Years: 2020–20312026 Market Size: USD 2.88 billion2031 Projected Market Size: USD 7.65 billionCAGR (2026–2031): 21.6%

Delivery Drone Market Trends & Insights:

The delivery drone market is driven by the rising requirement for reliable and time-sensitive delivery services in urban and remote locations while keeping delivery operations efficient. As customers increasingly demand faster deliveries and road-based logistics often face challenges such as traffic congestion and limited accessibility, there is growing demand for drone-based solutions that can provide faster, more consistent deliveries. This is encouraging logistics providers, healthcare organizations, and retailers to invest in delivery drone systems that improve service reliability, reduce transit times, and support efficient last-mile operations.By MTOW, the above 55-100 Kg segment is projected to register the highest CAGR of 24.9% between 2026 and 2031.By Application, the logistics & courier segment is projected to be the most dominant in 2026.By region, the Middle Eastern delivery drone market is projected to register the highest CAGR of 27.8% between 2026 and 2031.

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The growth of this segment is supported by the increasing use of delivery drones for e-commerce, healthcare, and logistics applications. Government support for commercial drone operations, improvements in drone technology, and the growing need for faster last-mile delivery are contributing to market growth as well.

The delivery drone industry is moving beyond pilot projects as many organizations include drone delivery in their long-term logistics plans. Companies are expanding commercial delivery services, standardizing operations, and building feasible operating models for deliveries. The focus is gradually shifting from testing the technology to scaling commercial operations and integrating it with different industries.

By range, the above 20- 50 km segment is projected to account for the largest market share during the forecast period.

This is mainly because drones in this range are widely used for parcel delivery, food delivery, and also medical logistics. They provide sufficient flight range for most urban, suburban, and regional delivery routes while maintaining good operating efficiency. This range meets the requirements of most commercial delivery applications without increasing battery size or operating costs. As many companies expand routine last-mile drone delivery services, demand for drones with a range of 20 to 50 KM is expected to remain high.

By application, the retail & e-commerce segment is projected to register the highest growth during the forecast period.

The retail & e-commerce segment is expected to grow at the fastest rate during the forecast period mainly because of the increasing use of delivery drones for e-commerce order fulfillment and last-mile deliveries. The rapid growth of online shopping is increasing the need for faster and flexible delivery services. Delivery drones help retailers and logistics companies reduce delivery time, improve operational efficiency, and serve customers in urban areas as well as locations that are difficult to reach using conventional transportation. As commercial drone delivery networks continue to expand and regulations become more supportive as well, the adoption of delivery drones in the retail & e-commerce sector is expected to increase steadily.

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Europe is projected to be the second fastest-growing regional market during the forecast period.

Europe is projected to be the second fastest-growing region during the forecast period, mainly because more countries are expanding the use of delivery drones for healthcare, logistics, and also for e-commerce. Governments are supporting commercial drone operations through better regulations and approvals for beyond visual line of sight (BVLOS) flights. Companies are also increasing drone delivery trials and commercial services across the region. These developments are helping increase the use of delivery drones in Europe.

Wingcopter, PABLO AIR, Blueflite, Garuda Aerospace Ltd., and Matternet, Inc. are the key players in the delivery drone companies. These companies have strong distribution networks across regions like North America, Europe, Asia Pacific, the Middle East, and the Rest of the world.

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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. With the widest lens on emerging technologies, we are proficient in co-creating supernormal growth for clients across the globe.

Today, 80% of Fortune 2000 companies rely on MarketsandMarkets, and 90 of the top 100 companies in each sector trust us to accelerate their revenue growth. With a global clientele of over 13,000 organizations, we help businesses thrive in a disruptive ecosystem.

The B2B economy is witnessing the emergence of $25 trillion in new revenue streams that are replacing existing ones within this decade. 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 collaborate with several Forbes Global 2000 B2B companies to keep them future-ready. Our insights and strategies are powered by industry experts, cutting-edge AI, and our Market Intelligence Cloud, KnowledgeStore™, which integrates research and provides ecosystem-wide visibility into revenue shifts.

MarketsandMarkets™ SalesPlay is an AI-driven Revenue Intelligence Co-Pilot designed to help revenue teams prioritize the right accounts, identify critical changes early, and surface opportunities ahead of demand, so pipeline builds naturally and deals close with greater consistency.

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Howard Hughes Holdings Set to Join S&P SmallCap 600

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52 minutes ago

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October 23, 2026

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Howard Hughes Holdings Inc. (NYSE: HHH) will replace Arcosa Inc. (NYSE: ACA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, October 28. S&P 500 constituent CRH plc (NYSE: CRH) has acquired Arcosa in a deal that closed today, October 23.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name  

Action

Company Name

Ticker

GICS Sector

October 28, 2026

S&P SmallCap 600

Addition

Howard Hughes Holdings

HHH

Real Estate

October 28, 2026

S&P SmallCap 600

Deletion

Arcosa

ACA

Industrials

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

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SOURCE S&P Dow Jones Indices

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Chelsea FC announces multi-year sleeve partnership with Sokin, the business payments and FX platform

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2 hours ago

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October 23, 2026

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Chelsea FC name fast-growing fintech platform as Principal Partner

LONDON, Oct. 23, 2026 /PRNewswire/ — Chelsea Football Club has today announced a multi-year partnership with Sokin, the embedded finance and payments company used by businesses worldwide. Sokin will be named a Principal Partner and Official Business Payments and FX Partner of Chelsea FC and Chelsea FC Women.

As a Principal Partner, Sokin will be represented on the sleeves of the Chelsea FC men’s, women’s and academy home, away, and third kits from the 2026/27 season.

The partnership brings together two ambitious London-headquartered organisations with worldwide reach – a club with millions of fans across the world and a fintech platform through which businesses move more than $11 billion a year. A club of Chelsea’s scale works in many currencies every day, with partners, competitions and supporters around the world, and needs a financial partner built to handle that.

Sokin gives finance teams business payments, multi-currency accounts, foreign exchange, checkout and treasury in one place, so they spend less time juggling banks and providers and keep more of what they move.

As Official Business Payments and FX Partner, Sokin will simplify how Chelsea FC sends, receives and manages money in the currencies the club operates in.

The Sokin logo will feature on the sleeve of the Chelsea shirt for the first time [when the men’s team host Tottenham Hotspur at Stamford Bridge on Saturday 24th October.]

Jason Gannon, President at Chelsea FC said:

“At Chelsea, we seek to partner with organisations that share our ambition and innovative mindset. Sokin’s expertise in business payments, and their focus on making both simpler for the businesses they serve, makes them a natural fit for the Club. We are pleased to welcome Sokin to the Chelsea family and look forward to working together in the years ahead.”

Vroon Modgill, CEO and founder at Sokin said:

“Chelsea plays on the biggest stage in world football, and its business runs in dozens of currencies. Sokin was built for that with regulated, multi-currency payments and foreign exchange for organisations that operate internationally. We’re proud to be the platform behind the business payments and FX of one of the most iconic teams in football. Sokin’s platform serves businesses in more than 170 countries. We’re thrilled to be partners for the season ahead. An organisation as sophisticated as Chelsea doesn’t leave its finances to chance.”

About Sokin

Sokin is the financial layer global business runs on. Businesses can transact, convert and hold money in 70+ currencies across 170+ countries. Some businesses use Sokin to manage global finance in-house. Others build it into their products to power financial experiences for their customers. Businesses move more than $9 billion a year on licenses Sokin holds in 36+ countries and infrastructure Sokin owns. Founded in 2019, Sokin has raised over $100 million from investors including Morgan Stanley Expansion Capital and Prysm Capital.

About Chelsea Football Club

Chelsea Football Club is one of the biggest, most successful football clubs globally and our men’s team are reigning world champions, having won the four-yearly FIFA Club World Cup in 2025. Our women’s team, Chelsea Women, are also multiple trophy winners.

Founded in 1905, Chelsea is London’s most central football club, based at the iconic 40,000-capacity Stamford Bridge stadium. Nicknamed the Blues, the club lifted the Champions League for the first time in 2012 and domestically has won the Premier League five times, the FA Cup eight times, the Football League Cup five times and the Football League Championship once, in 1955.

The Chelsea Women’s team have enjoyed a huge amount of success and in 2025 won the FA Women’s Super League for a sixth consecutive year and the eighth time overall. The Women’s FA Cup has been won on six occasions. We have also captured the FA Women’s League Cup four times as well as reaching the UEFA Women’s Champions League final in 2021. In two seasons, 2020/21 and 2024/25, a domestic treble of trophies was secured.

The Chelsea Foundation boasts one of the most extensive community initiatives in sport, helping to improve the lives of children and young people all over the world.

Media Contacts:

Taina Biggs
taina.biggs@sokin.com 

Nerissa Chesterfield
nerissa.chesterfield@chelseafc.com 

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Amy Johnson Appointed President of GDIT

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2 hours ago

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October 23, 2026

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RESTON, Va., Oct. 23, 2026 /PRNewswire/ — General Dynamics (NYSE:GD) announced today that Amy Johnson has been appointed as president of GDIT, effective November 3.

Johnson is a 27-year veteran of General Dynamics Mission Systems, where she held increasingly senior roles in engineering, engineering management and business leadership across cybersecurity, defense electronics, space and intelligence systems, most recently as vice president and general manager for Space, Cyber and Intelligence. She earned bachelor’s and master’s degrees in computer science and computer systems engineering. 

“Amy has a proven track record of leading teams to solve complex and highly technical challenges for our customers,” said Phebe Novakovic, CEO of General Dynamics. “I am confident that her dynamic leadership, operational rigor and deep commitment to our values and culture will deliver value to our customers, employees and shareholders.”

GDIT delivers digital modernization, cloud computing, artificial intelligence, cybersecurity and software development solutions to the U.S. federal government, defense, intelligence agencies and other customers. It is a business unit of General Dynamics, a global aerospace and defense company that offers a broad portfolio of products and services in business aviation; ship construction and repair; land combat vehicles, weapons systems and munitions; and technology products and services. General Dynamics employs more than 120,000 people worldwide and generated $52.6 billion in revenue in 2025. More information is available at gd.com.

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SOURCE General Dynamics

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