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Drone Delivery Market to Witness Substantial Growth from 2023 to 2030 | BIS Research
The introduction of drones in the delivery service market has rapidly transformed the process of deliveries, further leading to a change in consumer behavior.
By: BIS Research
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The introduction of drones in the delivery service market has rapidly transformed the process of deliveries, further leading to a change in consumer behavior. Drones or autonomous unmanned aerial vehicles (UAVs) are a popular option for last-mile deliveries, essentially parcels for remote or rural areas with less population density. Since it is expected that instant or same-day delivery will grow in the next ten years, door-to-door delivery has been a major area of research by several firms such as Google, DHL, UPS, and Amazon. Some of these companies have been testing drone delivery services since 2005 and are expected to launch their services by 2023.
The drone operates outside the controlled and restricted airspace to minimize interference with any air vehicle. But as UAV operations are too widespread in logistics and other industries, the integration of airspace is vital. Drones are operating in all types of airspace hence sharing the space with other air users such as helicopters and airplanes, making it congested, which delays the delivery.
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The drone delivery market is opening a new market segment for the companies providing management and operations of drones. Drone management and monitoring development are well underway, with multiple companies providing comprehensive autonomous transport solutions. Drone Management System is needed to manage complex operations because as the drone solutions grow, the complexity increases.
BIS Research, a premium market intelligence company, offers in-depth insights and consulting to Fortune 500 companies. We are established and known for tracking the growth of deep technologies across key industry verticals and the subsequent challenges and opportunities associated with deep tech across markets, applications, and products.