“Revolutionizing the Logistics Industry: Cargo Drones Market Set to Reach $9.4 Billion by 2030”

The Cargo Drones market is set to soar, with predictions that it will reach USD 9.4 billion by 2030, up from USD 0.6 billion in 2022. This growth is being driven by increased use of cargo drones in military operations and the expanding B2B middle mile logistics market. The software segment is expected to experience the highest growth during this time, due to the need for software solutions to optimize and plan cargo drone routes, manage fleets and inventory. The Asia Pacific region is projected to lead the way, with China and Japan investing heavily in cargo drone technology. Major players in the market include Volocopter Gmbh, Dufour Aerospace, The Boeing Company, Pipistrel and EHang. MarketsandMarkets™ is predicting that the B2B economy will see $25 trillion of new revenue streams emerge in this decade alone, and is working with clients to help them monetize this opportunity.