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According to Fortune Business Insights™, the unmanned traffic management (UTM) market size was USD 0.79 billion in 2020 and is projected to grow from USD 0.92 billion in 2021 to USD 3.59 billion by 2028, exhibiting a CAGR of 21.40% during the forecast period (2021–2028). North America dominated the market with a 37.97% share in 2020, driven by technological advancements and increasing UAV applications in commercial and defense sectors.

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Published by Rishika Chavan, 2025-07-07 01:23:31

Unmanned Traffic Management Market

According to Fortune Business Insights™, the unmanned traffic management (UTM) market size was USD 0.79 billion in 2020 and is projected to grow from USD 0.92 billion in 2021 to USD 3.59 billion by 2028, exhibiting a CAGR of 21.40% during the forecast period (2021–2028). North America dominated the market with a 37.97% share in 2020, driven by technological advancements and increasing UAV applications in commercial and defense sectors.

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