Unmanned Traffic Management (UTM) Market Revenue $1,098 Million by 2030
The unmanned traffic management market is anticipated to reach USD 1,098 million by 2030, growing at a CAGR of 33.9% from USD 106 million in 2022 according to a new report by MarketsandMarkets™. The goal of unmanned traffic management (UTM) is to enable unmanned aerial vehicles (UAVs) safe and efficient low-altitude airspace operations by providing services, such as airspace design & dynamic configuration, dynamic geo-fencing, severe weather & wind avoidance, congestion management, terrain avoidance, route planning & re-routing, separation management,...
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