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Precision Farming Software - Global Market Outlook (2018-2027)

Precision Farming Software - Global Market Outlook (2018-2027)

Published: September 2019 ID: SMRC18529
Published: September 2019 ID: SMRC18529

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Precision Farming Software Market is accounted for $687.68 million in 2018 and is expected to reach $2,595.01 million by 2027 growing at a CAGR of 15.9% during the forecast period. Rising use of agricultural software for maintaining farm efficiency and increasing need for real-time data management through cloud computing are some of the factors fuelling market growth. However, high initial capital investment is restraining market growth.

Precision farming software is a device that enables ranchers to oversee, influence and track harvest yields and incomes. The ranchers can use such prescient diagnostic apparatuses to envision the normal harvest squanders, yield size and incomes. It empowers the clients to get information with respect to harvest conditions, soil the board, and yield pivot direction.

Based on delivery model, cloud based segment is having a huge demand across the world due to internet-based computing model that provide collective processing of resources and data to users on demand. By Geography, North America is expected to grow in emerging countries due to increasing population, and increased importance on agricultural solutions that provide economic benefits as well as environmental protection are majorly propelling the growth of the market in this region.

Some of the key players profiled in the Precision Farming Software market include AG Leader Technology, Agjunction, Inc, Aururas S.R.L, Conservis Corporation, Deere & Company, Dickey-John Corporation, Farmers Edge Inc, Granular, Inc, Grownetics, Inc, Iteris, Inc, Key Innovators, Raven Industries Inc, SST Development Group Inc, The Climate Corporation, Topcon Positioning Systems, Inc and Trimble Inc. 
 
Delivery Models Covered:
• Local/Web Based
• Cloud Based

Technologies Covered:
• Guidance System Technologies
• Remote Sensing And Control Systems
• Variable Rate Technology

Service Providers Covered:
• Managed Services Providers
• System Integrators
• Maintenance
• Software Upgradation
• Support Services Providers

Hardwares Covered:
• Monitors & Display Devices
• Guidance and Steering
• Global Positioning System/Global Navigation Satellite System Devices
• Sensing Devices
• Other Hardwares

Applications Covered:
• Crop Scouting
• Farm Labor Management
• Field Mapping
• Financial Management
• Inventory Management
• Weather Tracking and Forecasting
• Yield Monitoring
• Other Applications

End Users Covered:
• Agricultural Cooperatives
• Farmland & Farms
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan      
o China      
o India      
o Australia
o New Zealand    
o South Korea     
o Rest of Asia Pacific  
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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