The Drone Cybersecurity Market was valued at USD 1.62 Billion in 2023 and is projected to reach USD 5.85 Billion by 2032, with a CAGR of 15.33% from 2024 to 2032. The rise in drone adoption across sectors has fueled demand for advanced cybersecurity solutions to combat increasing cyber threats like GPS spoofing and firmware exploitation.

The market is witnessing explosive growth with large-scale drone adoption across various sectors, leading to an urgent need for effective cybersecurity infrastructure. India has over 200 drone start-ups with an expected economic impact of 885 million USD by 2025. Agencies like CISA have warned of rising cyberattacks targeting drones, emphasizing the need for AI-based cybersecurity solutions.

The Drone Cybersecurity Market report highlights key players like Airspace Systems, Dedrone, Thales Group, and more. The market size is expected to grow from USD 1.62 Billion in 2023 to USD 5.85 Billion by 2032, with a CAGR of 15.33% from 2024 to 2032. Segments include software, hardware, services, drone types, and applications like military, agriculture, and surveillance.

The hardware segment dominated the Drone Cybersecurity Market in 2023, generating 41% of revenue, while the software segment is expected to grow rapidly from 2024 to 2032 due to AI and machine learning adoption. By 2032, the Rotary-Wing segment is projected to lead with 50% share, driven by demand from surveillance, logistics, and defense sectors.

North America leads the Drone Cybersecurity Market with around 45% revenue share in 2023, while Asia-Pacific emerges as the fastest-growing region from 2024 to 2032. The region’s increasing use of drones in industries like agriculture and defense, along with supportive government policies, is driving demand for specialized security solutions.

Recent developments include Dedrone launching a Drone Violations Database for public safety monitoring and DSTA and Thales collaborating to boost Singapore’s counter-drone capabilities with AI-driven technology. The market report covers key points like market dynamics, competitive landscape, regional analysis, and company profiles, providing comprehensive insights into the Drone Cybersecurity Market.

Read more at GlobeNewswire: Drone Cybersecurity Market Size to Surpass USD 5.85 Billion