ResearchandMarkets.com´s report on the global drone simulator software market has forecast that the global drone simulator software market is estimated to grow at a CAGR of 17.2% during the forecast period from 2018 to 2026, the company said.
The overall industry sales is expected to hit 3 Mn units by the end of 2018, creating immense opportunities for adjacent markets such as drone simulator software. Apart from defense sector, drones are now rapidly gaining pace in commercial and personal sectors. Due to higher cost of these drones, training forms a very crucial part for consumers willing to pilot a drone. Considering the complexity and difficulty associated with drone flying and control, drone simulator has gained immense importance over the past few years.
The overall drone simulator software market is primarily driven by the increasing consumption of drones worldwide. Since 2013, the total drones units sold has more than quadrupled, thereby driving the simulator software market significantly.
The demand for drones has increased exponentially across applications such as surveillance, photography, delivery and sports among others. This has further increased the need for related flight training, thereby impacting the drone simulation market growth positively. Moreover, ease of installing these software onto one´s computer makes its adoption even more popular. Training can be controlled using existing gears such as keyboards, mouse or joysticks, making drone simulator convenient and cost-effective.