Here’s a summary of the report on Unmanned Traffic Management (UTM) from PwC Drone Powered Solutions:

• Topic: The report focuses on the UTM ecosystem and its role in enabling the drone sector.
• Key Insights:
  • Challenges and Opportunities: The report highlights challenges and opportunities within the industry. It provides insights for public authorities, service providers, and other stakeholders to collaborate effectively.
  • Future Landscape: Over the next five years, the global UTM market is expected to double in size, with a compound annual growth rate of 14.4%. This growth will lead to an estimated 28 million drone operations.
  • Urgent Need for Robust UTM Systems: To ensure safe, efficient, and sustainable integration of unmanned aircraft into global airspace and air traffic, robust UTM systems are essential.
  • Drone Delivery as a Driver: Drone delivery is anticipated to drive UTM market scalability.
  • Challenges: Advanced drone operations face additional obstacles that require innovative solutions in air traffic and airspace management.

Overall, the report emphasizes the pivotal role of UTM in shaping a future where drones significantly contribute to various industries, enhance service delivery, and foster innovation and growth.

June 2024