Connect with us
European Gaming Congress 2024

Artificial Intelligence

Unmanned Aerial Vehicle (UAV) Market size worth USD 68.92 Billion, Globally, by 2030 at 14% CAGR: Verified Market Research®

Published

on

unmanned-aerial-vehicle-(uav)-market-size-worth-usd-68.92-billion,-globally,-by-2030-at-14%-cagr:-verified-market-researcha

The “Global Unmanned Aerial Vehicle Market Size By Type, By Application, By End User, By Geographic Scope And Forecast” report has been published by Verified Market Research®. The report provides an in-depth analysis of the global Unmanned Aerial Vehicle Market, including its growth prospects, market trends, and market challenges
JERSEY CITY, N.J., Aug. 22, 2023 /PRNewswire/ – The Global Unmanned Aerial Vehicle (UAV) Market is projected to grow at a CAGR of 14% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 25.21 Billion in 2021 and is expected to reach USD 68.92 Billion by the end of the forecast period.
Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample?rid=315667
Browse in-depth TOC on “Unmanned Aerial Vehicle Market”
202 – Pages126 – Tables37 – Figures
Unmanned Aerial Vehicle (UAV) Market: Resilience Amidst Challenges and Flourishing Innovation
The global Unmanned Aerial Vehicle (UAV) market has been navigating an intricate landscape shaped by the profound impacts of the COVID-19 pandemic. As diverse sectors grappled with unprecedented disruptions, the UAV market demonstrated its versatility by responding to new demand patterns while concurrently pursuing advancements that herald a promising future.
Market Drivers and Dynamics
The Unmanned Aerial Vehicle (UAV) market ‘s trajectory has been influenced by an amalgamation of driving forces, each playing a pivotal role in shaping its evolution. Technological strides have rendered drones more accessible, dependable, and user-friendly, rendering them applicable across a broader spectrum of industries.
The escalating requisites of commercial drones are exemplified by sectors such as agriculture, construction, and infrastructure inspection, necessitating aerial imagery, surveillance, and data acquisition.
The surge in e-commerce and the quest for swifter, more efficient delivery systems have propelled the demand for delivery drones. Moreover, the burgeoning concept of smart cities and urban air mobility has unlocked innovative avenues for integrating drones into logistics and transportation networks.
Unmanned Aerial Vehicle (UAV) Market Outlook
While the COVID-19 pandemic introduced unprecedented challenges, the UAV market displayed resilience and adaptability. The implementation of social distancing protocols catalyzed demand for certain applications like package delivery and monitoring.
Conversely, restrictions on outdoor activities and public gatherings impacted the recreational drone sector. Despite these hurdles, the Unmanned Aerial Vehicle (UAV) market is poised for a remarkable resurgence and expansion over the forthcoming years. The innovation-driven nature of the market, coupled with its intrinsic adaptability, positions it favorably for sustained growth.
Key Players and Development Strategies
Several key players have emerged as frontrunners in steering the Unmanned Aerial Vehicle (UAV) Market ‘s growth trajectory. DJI, Amazon, Parrot, Hexagon, Yuneec, Kesper Drone, 3D Robotics, Sense Fly, Holy Stone, and GoPro constitute a formidable roster of industry influencers.
In response to evolving market dynamics, these entities have demonstrated proactive development strategies. Technological innovation remains at the forefront, enhancing the accessibility, reliability, and user-friendliness of drones.
The global Unmanned Aerial Vehicle (UAV) market, while navigating challenges posed by the COVID-19 pandemic, has showcased resilience and innovation. Market drivers ranging from technological advancements to evolving commercial requirements have spurred growth across industries. Despite the hurdles faced, the Unmanned Aerial Vehicle (UAV) market is poised for recovery and expansion in the coming years. Key players are driving this evolution through strategic development approaches that embrace innovation, versatility, and adaptability.
To get market data, market insights, financial statements and a comprehensive analysis of the Global Unmanned Aerial Vehicle (UAV) Market, please Contact Verified Market Research®.
Based on the research, Verified Market Research® has segmented the global Unmanned Aerial Vehicle (UAV) Market into Type, Application, End-Users, And Geography.
Unmanned Aerial Vehicle (UAV) Market, by TypeRotary WingFixed WingHybridUnmanned Aerial Vehicle (UAV) Market, by ApplicationMilitaryCommercialConsumerGovernment & LawUnmanned Aerial Vehicle (UAV) Market, by End UserLogistics and TransportationMilitaryAgricultureEnergyPublic Safety and SecurityInsuranceOthersUnmanned Aerial Vehicle (UAV) Market, by GeographyNorth AmericaU.SCanadaMexicoEuropeGermanyFranceU.KRest of EuropeAsia PacificChinaJapanIndiaRest of Asia PacificROWMiddle East & AfricaLatin AmericaBrowse Related Reports:
Airborne Surveillance Market By Type (LiDAR, Imaging Systems), By Service (Surveillance Training, Data Analysis, Mission Equipped Aircraft), By Platform (Manned Systems, Unmanned System), By Application (Military, Defense, & Security, Commercial), By Geography, And Forecast
Unmanned Surface Vehicle (USV) Market By Size (Small, Medium, Large), By Mode of Operation (Autonomous Surface Vehicle, Remotely Operated Surface Vehicle), By Application (Defense, Commercial, Scientific Research), By Geography, And Forecast
Unmanned Underwater Vehicles Market By Type (Remotely Operated Vehicles (ROV), Hybrid Underwater Vehicles (HUV)), By Application (Commercial Exploration, Defense), By Propulsion System (Mechanical, Electric), By Payload (Sensor, Synthetic Aperture Sonar), By Product Type (Small Vehicles, Work-class Vehicles), By Geography, And Forecast
Unmanned Ground Vehicles (UGV) Market By Mobility (Hybrid, Legged, Tracked), By Application (Commercial, Defense), By Mode of Operation (Teleoperated, Tethered, Autonomous), By Geography, And Forecast
Top 5 Hybrid Vehicle Companies promoting new era of vehicles with hybrid models
Visualize Unmanned Aerial Vehicle Market using Verified Market Intelligence -:
Verified Market Intelligence is our BI Enabled Platform for narrative storytelling in this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue-impacting decisions for a brilliant future.
VMI provides a holistic overview and global competitive landscape with respect to Region, Country, Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.
About Us
Verified Market Research® is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research® provides advanced analytical research solutions while offering information-enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.
We study 14+ categories from Semiconductors & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & Construction, Agriculture industry and Medical Devices from over 100 countries.
Contact UsMr. Edwyne FernandesVerified Market Research®US: +1 (650)-781-4080US Toll Free: +1 (800)-782-1768Email: [email protected]: https://www.verifiedmarketresearch.com/Follow Us: LinkedIn | Twitter 
Logo: https://mma.prnewswire.com/media/2015407/VMR_Logo.jpg
 
View original content:https://www.prnewswire.co.uk/news-releases/unmanned-aerial-vehicle-uav-market-size-worth-usd-68-92-billion-globally-by-2030-at-14-cagr-verified-market-research-301906642.html

Continue Reading
Advertisement

Artificial Intelligence

Kazakhstan Government Delegation Visited SUPCON

Published

on

kazakhstan-government-delegation-visited-supcon

HANGZHOU, China, Sept. 29, 2024 /PRNewswire/ — On September 26, a delegation from the Ministry of Digital Development, Innovations and Aerospace Industry of the Republic of Kazakhstan, led by Minister Madiyev Zhaslan, visited SUPCON. SUPCON’s Chairman and President, Mr.Cui Shan, warmly welcomed the delegation.

The Kazakhstan government representatives expressed their appreciation and recognition of SUPCON’s expertise and innovation in intelligent manufacturing, digital transformation, and industrial AI.
Madiyev Zhaslan expressed a strong interest in industrial AI technologies of SUPCON, particularly their applications in intelligent and low-carbon facilities. He looks forward to exploring extensive collaboration with SUPCON across various sectors in Kazakhstan.
Cui Shan emphasized that as a leading industrial AI company with a global presence, SUPCON will leverage its technological advantages to meet Kazakhstan’s industry development requirements and trends, injecting new momentum into the country’s industrial digitalization.
In 2023, SUPCON established a subsidiary in Kazakhstan as its Central Asia regional headquarters and set up a localized operational system. SUPCON will continue to invest in the long-term development of the Central Asia region, contributing further wisdom and strength to the industrial digital transformation in Kazakhstan and beyond.
Photo – https://mma.prnewswire.com/media/2518470/image_5022684_18905906.jpg Photo – https://mma.prnewswire.com/media/2518471/1.jpg

View original content:https://www.prnewswire.co.uk/news-releases/kazakhstan-government-delegation-visited-supcon-302261857.html

Continue Reading

Artificial Intelligence

Huawei Peer-Recognized as a 2024 Gartner® Peer Insights™ Customers’ Choice for Enterprise Wired and Wireless LAN Infrastructure

Published

on

huawei-peer-recognized-as-a-2024-gartner-peer-insights™-customers’-choice-for-enterprise-wired-and-wireless-lan-infrastructure

SHENZHEN, China, Sept. 29, 2024 /PRNewswire/ — On September 24, 2024, Huawei announced that it has been peer-recognized a 2024 Gartner® Peer Insights™ Customers’ Choice in the Voice of the Customer for Enterprise Wired and Wireless LAN Infrastructure thanks to its Xinghe Intelligent Campus offerings. This marks the fifth year in a row that Huawei has received this distinction. Notably, Huawei receives Customers’ Choice distinctions in four of the six customer segments: Midsize Enterprise (50M – 1B USD); Public Sector, Government and Education; Asia/Pacific; and Europe, the Middle East and Africa.

As of June 30, 2024, customers across diverse sectors — including manufacturing, IT services, education, and telecommunication — have reviewed Huawei’s complete Xinghe Intelligent Campus offerings on the Gartner Peer Insights platform. We believe their impressive feedback showed global recognition of Huawei from the industry influence, deployment scales, and mature commercial use perspectives.
“We’re thrilled to be named a Gartner® Peer Insights™ Customers’ Choice for Enterprise Wired and Wireless LAN Infrastructure again,” said Shawn Zhao, President of Huawei’s Campus Network Domain. “Recently, Huawei launched the newly upgraded Xinghe Intelligent Campus that takes wireless, application, and O&M experience to new levels with AI technologies, ultimately accelerating the digital transformation of enterprises.”
Looking ahead, Huawei will further innovate Xinghe Intelligent Campus offerings from wireless, application, and O&M experience upgrade perspectives, helping all industries stride to the future of experience-centric intelligent campus networks.
For more about Gartner® Peer Insights™ Customers’ Choice, visit: https://www.gartner.com/reviews/market/enterprise-wired-wireless-lan-access-infrastructure 
Disclaimer:
Gartner, Voice of the Customer for Enterprise Wired and Wireless LAN Infrastructure, Peer Contributors, 12 September 2024
Gartner, Peer Insights, Magic Quadrant and Customers’ Choice badge are trademarks of Gartner, Inc. and/or its affiliates. All rights reserved. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Photo – https://mma.prnewswire.com/media/2518425/image.jpg

View original content:https://www.prnewswire.co.uk/news-releases/huawei-peer-recognized-as-a-2024-gartner-peer-insights-customers-choice-for-enterprise-wired-and-wireless-lan-infrastructure-302261856.html

Continue Reading

Artificial Intelligence

Huawei Wen Tong: 6G Needs to Embrace AI for Shaping Future Network

Published

on

huawei-wen-tong:-6g-needs-to-embrace-ai-for-shaping-future-network

SHENZHEN, China, Sept. 29, 2024 /PRNewswire/ — At the 6G Conference held in Istanbul, on September 24, 2024, Dr. Wen Tong, Huawei Wireless CTO, delivered a keynote speech on 6G standardization and innovation. With the release of the ITU-R 6G vision framework, the 3GPP will start 6G standardization in 2025. “6G is a new generation of mobile technology, not a simple upgrade of 5G, it should bring new value to users,” said Dr. Tong, “6G is a true intergenerational technological disruption. 6G standard, key technologies, and network architecture should be re-defined based on application scenarios and requirements from 2030 to 2040. 6G should not be another way to implement 5G. Instead, 6G should embrace the AI revolution with a quantum leap and generate new values for the consumers. In this way, 3GPP standards can truly realize the 6G vision and create greater value for the entire industry.”

Centered “6G Standardization Direction” and “6G Innovation Driving Force”, Dr. Tong shared important views on the future architecture, terminal development, and key technologies of 6G.
In terms of architecture design, 6G should go beyond Service-Based Architecture and move towards Application-Driven Network.
5G has already achieved market success and continues to evolve towards 5G-Advanced. 6G will not simply reuse 5G network architecture, without generational and fundamental innovations, which will limit the mobile industry’s aspiration and imagination to dive the innovation in the 6G era. 6G must have obvious cross-generational characteristics and technical breakpoint.
On the core side, reusing the 5G core network will hinder the innovation in AI. We should use Agentic-AI based technology to re-architect 6G Core that goes beyond 5G Service-Based Architecture and support the foundational capabilities of AI, Sensing and NTN , and thus evolve towards the Application Driven Network .
In terms of terminal evolution, 6G user device calls for a breakthrough to lead the success of the entire industry chain.
It is the law of the mobile industry to drive the evolution of the market with the pioneering technology. The 6G networks and 6G terminals must meet the requirements of consumers and vertical industries in the 6G market phase from 2030 to 2040.
Currently, smartphones are evolving to AI terminals to usher in the mobile AI era. In post-MBB era, breakthroughs in terminal technologies will be the key to the evolution of the mobile industry. Therefore, 6G user device calls for a breakthrough towards “Full-AI”, thus to drive 6G network upgrade and the success of the entire industry ecosystem.
In terms of technology development, AI will become a key enabler for 6G with network paradigm shifting.
Twenty years ago, the Internet was the enabler of the technology innovations. Mobile communications embraced the Internet and achieved great business success. Today, AI maybe the disruptive enabler of the latest technology innovations.
6G should embrace the AI revolution with a quantum leap. However, 6G networks should not be limited to generative AI, Artificial General Intelligence (AGI) and Embodiment-AI are the main directions of future AI development. Therefore, AGI should run through the whole process of sensing, reasoning, decision, and action of terminals, wireless networks, and core networks of 6G, to welcome the arrival of a new network paradigm.
At the end, Dr. Tong Wen emphasized the relationship between 5G and 6G: “The global 5G deployment is on the rise and evolving to 5G-Advanced, which not only meets the current requirements of operators, but also protects their investment. Therefore, 6G technologies should not overlap with 5G in technologies and market space. The specifications, technologies, and architecture of 6G must be based on the scenarios and requirements from 2030 to 2040. We should focus on true generational technology disruption, embrace the new opportunities brought by AI, expand the mobile industry in the next generation.”
Photo – https://mma.prnewswire.com/media/2518236/Huawei_Wireless_CTO_Tong_Wen_Gave_Keynote_Speech_at_6G_Conference_at_Istanbul__T_rkiye.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/huawei-wen-tong-6g-needs-to-embrace-ai-for-shaping-future-network-302261758.html

Continue Reading

Trending