Global Drone Onboard Computer Market 2019-2023 | Advent Of Network-Centric Warfare (NCW) to Boost Growth | Technavio
LONDON--(BUSINESS WIRE)--Jan 16, 2020--
The global drone onboard computer market size is poised to grow at a CAGR of close to 14% during the period 2019-2023, according to the latest market research report by Technavio. Request a free sample report
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200116005397/en/
Technavio has announced its latest market research report titled global drone onboard computer market 2019-2023. (Graphic: Business Wire)
The widened application profile of UAVs is one of the key factors behind the drone onboard computer market growth. Players in the market are offering UAVs that can be used in various commercial applications. These UAVs are being adopted to provide access to internet in remote areas, aerial photography and video recording, survey and documentation of wildlife, and public service missions. Onboard mission computers feature adaptable core processing capabilities that can host multiple missions, flight management, and display management processing functions. These cost-effective onboard computers are scalable for additional applications owing to the advanced mission computing, network data management, and video switching functions.
To learn more about the global trends impacting the future of market research, download free sample: https://www.technavio.com/talk-to-us?report=IRTNTR30031
As per Technavio, the advent of network-centric warfare (NCW) will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.
Drone Onboard Computer Market: Advent of Network-Centric Warfare (NCW)
Militaries around the globe are making considerable long-term strategic investments in UAS and promoting NCW as part of military transformation. NCW was devised by the US military during the 1990s and requires the thorough integration of sensors, communication networks, command centers, and associated platforms to achieve complete situational awareness and perfect synchronization between sensors and responders in a fast-paced mobile environment. Operational and strategic UAS enable common access to the information provided to function as a relevant asset within an NCW, which in turn requires interoperability with the network transport and data systems within the communications architecture of a country’s defense operations. Thus, the advent of network-centric warfare (NCW) will drive the demand for drone onboard computer during the forecast period.
“Other factors such as the increasing use of artificial intelligence (AI) for autonomous UAVs and the development of swarm UAVs will have a significant impact on the growth of the drone onboard computer market value during the forecast period,” says a senior analyst at Technavio.
Register for a free trial today and gain instant access to 17,000+ market research reports.
Drone Onboard Computer Market: Segmentation Analysis
This market research report segments the drone onboard computer market by application (defense and civil) and geography (the Americas, APAC, and EMEA).
The Americas led the market in 2018, followed by EMEA and APAC respectively. The growth of the drone onboard computer market share in the Americas can be attributed to factors such as the extensive adoption of UAV technology for law enforcement, and the development of effective and more powerful UAV computing systems.
Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more.
Some of the key topics covered in the report include:
Five Forces Analysis
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.
If you are interested in more information, please contact our media team at firstname.lastname@example.org.
View source version on businesswire.com:https://www.businesswire.com/news/home/20200116005397/en/
CONTACT: Technavio Research
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
INDUSTRY KEYWORD: PROFESSIONAL SERVICES CONSULTING
SOURCE: Technavio Research
Copyright Business Wire 2020.
PUB: 01/16/2020 10:00 AM/DISC: 01/16/2020 10:01 AM