S traffic management systems market has the potential to generate over $2.83 billion of revenue by 2030

NEW YORK, April 15, 2019 /PRNewswire/ —

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The UAS traffic management (UTM) system market is in its developmental phase. Since 2014, NASA, along with UAS community partners, industry leaders, various governments, and academic researchers, are actively developing and testing the unmanned traffic management research platform.

Many successful tests and demonstrations for communication prototypes, beyond visual line of sight (BVLOS) operations, mission planning, and longer range application prove that a commercialized market for unmanned traffic management is gradually emerging.Moreover, the need for UTM services has also resulted in the development of regulatory framework for the deployment drones around the world.

This regulatory framework is expected to include operational limits, key responsibilities of the stakeholders, aircraft requirements, etc.Governments and regulatory authorities have made some exemptions in 2018 with

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