PALT BEACH, Fla., April 17, 2025 /PRNewswire/ -- FN Media Group News Commentary
New reports focusing on the global drone market are suggesting a better outlook than previously expected. One recent report said that the global drone industry has progressed significantly since its early days of experimentation and regulatory challenges. Its growth is now more than just a buzzword; it signifies a quantifiable, multibillion-dollar trend affecting various industries, including construction, agriculture, infrastructure, and energy.
The commercial drone industry has shown resilience and adaptability despite certain regions' geopolitical tensions and economic uncertainties. Indeed, the latest report projects a compound annual growth rate (CAGR) that firmly establishes drones as a vital part of automation strategies and digital infrastructure. It continued: "According to the analysis, the global market is projected to reach US$57.8 billion by 2030, up from an estimated US$40.6 billion in 2025. These figures indicate that drone use has increased across industries and that the entire drone ecosystem—from services and software to hardware and regulations—has matured significantly.
The largest segment of the commercial drone market is the commercial service market, projected to generate US$29.4 billion by 2025. The second largest and fastest-growing segment is commercial hardware, valued at US$6.7 billion as of 2025. The smallest segment is the commercial software market, expected to reach US$1.7 billion in size by 2025.
Active Companies
Active Companies in the markets today include ZenaTech, Inc. (NASDAQ: ZENA), Ambarella, Inc. (NASDAQ: AMBA), AgEagle Aerial Systems Inc. (NYSE: UAVS), Ondas Holdings Inc. (NASDAQ: ONDS), Lockheed Martin (NYSE: LMT).
The report continued: "Growing regions in Latin America and Africa are accelerating as local ecosystems and drone accessibility improve, while North America and Asia remain the leaders, with Europe closely following. In terms of applications, drones are still most frequently used in energy, construction, and agriculture, but their utilization is gaining momentum in logistics, public safety, and public administration. Despite industry consolidation, the market has expanded due to the strong impact of the services segment. Engineering, training, reseller, and consulting services have reached record income. However, flight operations account for the highest accumulated revenue. The total number of drone flights in 2024 increased by 25%, rising from 15.5 million to 19.5 million flights globally. Asia is leading with the most drone flights at 6.3 million in 2024, reflecting a 13% increase compared to 2023. It is followed by North America with 3.9 million flights (+14%) and Europe with 3.8 million flights (+34%).
It concluded: "The rise of the drone market is more than just a trend; it's a fundamental shift in how businesses gather information, automate processes, and tackle pressing issues. Our understanding of this market's direction needs to evolve alongside its sophistication. It is crucial for anyone hoping to stay ahead of the curve in 2025 and beyond to access reliable and valuable knowledge."
ZenaTech Events
ZenaTech (NASDAQ:ZENA) to Showcase Drone as a Service (DaaS) and AI Drone Innovation for Commercial and Defense Markets at Two Premier Investor Conferences — D. Boral Capital Conference and Ladenburg Technology Innovation Expo25 - ZenaTech, Inc. (FSE: 49Q) (BMV: ZENA) ("ZenaTech"), a technology company specializing in AI (Artificial Intelligence) drone, Drone as a Service (DaaS), enterprise SaaS, and Quantum Computing solutions, announces that the company was invited and will participate at two prominent investor conferences next month: the D. Boral Capital Conference and the Ladenburg Thalmann Technology Innovation Expo.
Conference Details:
D. Boral Capital Inaugural Global Conference: One of the most prestigious events for emerging growth issuers and institutional investors in the world, it showcases dynamic public and private companies across multiple sectors in an intimate setting. Approximately 75 presenting companies and hundreds of institutional investors are expected to attend. Date and Venue: May 14, 2025, The Plaza Hotel — 5th Avenue at Central Park South, New York, NY 10019
Ladenburg Thalmann Technology Innovation Expo25: The Expo is a full-day event showcasing approximately 50 AI-driven technology companies through presentations, live demos, and one-on-one meetings. Designed to foster meaningful investor engagement, the conference brings together public company executives, institutional investors, and industry professionals. Date and Venue: May 21, 2025, Convene — 101 Park Avenue, New York, NY
To book a one-on-one meeting with ZenaTech at one of these events, please refer to the conference website links. Continued… Read this full release by visiting: Financial News Media
Recent Developments
Other recent developments in the markets include:
Ambarella, Inc. (NASDAQ: AMBA) recently announced during the ISC West security expo that it is continuing to push the envelope for what is possible with generative AI at the edge. As a leading supplier of edge AI systems-on-chip (SoCs), Ambarella recently achieved the milestone of 30 million cumulative units shipped. The company is reinforcing that business and technology leadership with live demonstrations at this week's show of its latest cutting-edge GenAI and vision AI capabilities.
The new demonstrations highlight Ambarella's ability to enable scalable, high-performance reasoning and vision AI applications across its ultra-efficient, edge-inference CVflow® 3.0 AI SoC portfolio, which now supports most of the leading GenAI models from 0.5 to 34 billion parameters. In particular, the company will debut live demonstrations of the DeepSeek GenAI models running on three different price/performance levels of its SoC portfolio. These new demos, along with its advanced multi-stream video analysis demonstrations, exemplify how Ambarella is pushing the boundaries of real-time, AI-powered security and analytics by running state-of-the-art (SOTA) vision language models (VLMs), for both on-device and centralized on-premise AI hub applications with exceptional multimodal video intelligence.
AgEagle Aerial Systems Inc. (NYSE: UAVS), a leading provider of best-in-class unmanned aerial systems (UAS) and sensors for military, public safety, and commercial use, recently participated in the 173rd Airborne Brigade's 1st annual Innovation Symposium. During the event, the Company demonstrated its eBee VISION drone and contributed to roundtable discussions on the future of unmanned aerial systems (UAS) in military operations.
Ondas Holdings Inc. (NASDAQ: ONDS), a leading provider of private industrial wireless networks and commercial drone and automated data solutions, recently announced that it has secured a $3.2 million purchase order from a governmental entity in the United Arab Emirates (UAE). The new order supports the continued buildout of urban autonomous drone infrastructure in the UAE and expands the existing Optimus drone network, which is operated by the local government as part of its broader Safe and Smart City initiatives.
Lockheed Martin (NYSE: LMT) recently announced in collaboration with Arquimea demonstrated an anomaly detection capability for Intelligence, Surveillance, and Reconnaissance (ISR) platforms as they scan a mission area.
About FN Media Group:
At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today's emerging companies.
Follow Us:
Follow us on Facebook to receive the latest news updates.
Follow us on Twitter for real-time Market News.
Follow us on LinkedIn.
DISCLAIMER:
FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third-party publisher and news dissemination service provider...
Contact Information:
Media Contact email: [email protected] - +1(561)325-8757
SOURCE FN Media Group
