Urban UAV Navigation and Communication Market Size

Urban UAV Navigation and Communication Market size is estimated at USD 8.1 billion in 2024 and is poised to cross USD 65.8 billion by the end of 2037, expanding at more than 17.5% CAGR during the forecast period i.e., between 2025-2037. In 2025, the industry size of urban UAV navigation and communication is evaluated at USD 9.5 billion.

The COVID-19 pandemic is the major pointer that increased the popularity and usage of urban unmanned aerial vehicles. Robots and UAV testing were fast-tracked to roll out safe and expedient ways to grapple with the outbreak. People realized that drones can be used for various applications including transportation of goods and products. According to a report published by Research Nester, over the past three years, more than 6,60,000 commercial deliveries to customers are accounted and this number is expected to boom in the foreseeable years. The same report also stated that drone-delivery companies have secured over USD 1 billion in disclosed funding in the past decade.