Precision Farming Software & Services Market Research Study including Growth Factors, Innovation, Emerging Trends, New Top Players, Competitive Analysis by regions from 2018 to 2022

Press Release   •   Aug 27, 2018 18:50 EDT

The precision agriculture software market is expected to grow at an average annual rate of +15% between 2018 and 2022. This report covers Indian models, applications, service providers, and geography. This study identifies and analyzes market dynamics such as driver, restraint, opportunity and industry specific issues in the precision agricultural software market. This report also describes the major companies operating in the precision farming software market. The base year for the study is 2017, and market size forecasts are provided between 2018 and 2022.

Top Key Players Profiled in This Report are:

Ag Leader, AGCO, AgJunction, John Deere, Trimble, CNH Industrial, DICKEY-John, Raven Industries, SST Development Group, TeeJet Technologies

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Modern agriculture is highly technical and increasing digitization. technological advancements are changing the agricultural industry even more. The agriculture industry has effectively utilized the power that large data can bring to work. Software and algorithms are being created to get the required data. This data helps farms improve farm profitability, increase farm sustainability, and improve yields. The use of various equipment, software, remote sensors and UAV provides automated data collection methods.

Digital agriculture is the use of information technology in agriculture. It uses connected devices and machines and other digital technologies primarily to increase yield. From precision agriculture, livestock monitoring, greenhouse farming, connected devices and software to all important applications of agriculture.

Network farm sensors monitor the amount of agricultural produce harvested from storage. This data gives farmers an accurate idea of their stock. Drones generates on-site maps and photos that provide important information about crop conditions. The soil sensor generates a report on the nutrient content of the soil. Farm robots help crop sowing and harvesting. Satellite and mobile radio antennas provide information about weather and other related information.

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Population growth and food demand growth are key drivers of the digital agriculture market. Furthermore, as the demand for efficient treatment of pests, weeds and other diseases increases, farmers are encouraged to digitize their farms. In developing countries, the spread of cheap Internet data and smart devices (especially smartphones) is leading the digital agriculture market. The government's active involvement in digitizing farms through investment is leading the digital farm market.

High initial capital and limited awareness of digital agriculture are key concerns that limit the market. The difficulties faced by farmers in using the software and concerns about the use of data between farmers are another significant challenge in the market. But the digital agriculture market creates many opportunities for solution providers. Market players can solve these problems by improving existing software, hardware and services. The development of predictive analytics is expected to be another opportunity in the market. Predictive analysis tools and software enable farmers to make better decisions related to various agricultural activities. In addition, farmers, suppliers and consumers who connect digitally eliminate the need for intermediaries, creating a win-win situation for everyone.

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The Precision Farming Software & Services Market Report mainly covers following Content.

Chapter 1 Precision Farming Software & Services Market Overview

Chapter 2 Global Economic Impact

Chapter 3 Competition by Manufacturer

Chapter 4 Production, Revenue (Value) by Region

Chapter 5 Supply (Production), Consumption, Export, Import by Regions

Chapter 6 Production, Revenue (Value), Price Trend by Type

Chapter 7 Analysis by Application

Chapter 8 Manufacturing Cost Analysis

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders

Chapter 11 Market Effect Factors Analysis

Chapter 12 Market Forecast


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