Overview of the Global Precision Agriculture Software Market to 2026

DUBLIN, April 1, 2022 /PRNewswire/ — The report “Global Precision Agriculture Software Market (2021-2026) by Software Type, Deployment, Enterprise Size, End User, Geography, Competitive Analysis and Covid-19 Impact with Ansoff Analysis » has been added to from ResearchAndMarkets.com offer.

The global precision agriculture software market is estimated at $1.16 billion in 2021 and is expected to reach $3.29 billion by 2026, growing at a CAGR of 23.2%.

Market dynamics

Key factors such as growing need for real-time data management through cloud computing and agricultural software to maintain efficiency in agricultural operation are driving the growth of the market. Government support for the adoption of modern agricultural techniques, strengthening of intellectual property rights over agricultural innovations, and integration of mobile technology with agricultural techniques are some other factors that are growing the market significantly. Growing telematics applications in agriculture are expected to create opportunities in the global precision agriculture software market.

However, the high initial investment slows down the growth of the market. Additionally, data management for effective decision making and lack of standardization in the precision agriculture industry are the challenges of the global precision agriculture software market.

Company Profiles

Some of the companies covered in this report are Raven Industries Inc., Ag Leader Technology, Conservis Corporation, Dickey-John Corporation, Farmers Edge Inc., The Climate Corporation, Topcon Positioning Systems, Inc, Granular, Inc., etc.

Countries studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United StatesRest of the Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, UKRest of Europe)
  • Middle East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emiratesrest of the MEA)
  • Asia Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, TaiwanRest of Asia Pacific)

Competitive QuadrantThe report includes a Competitive Quadrant, a proprietary tool to analyze and assess the position of companies based on their industry position score and market performance score. The tool uses various factors to classify players into four categories. Some of these factors considered for analysis are financial performance over the past 3 years, growth strategies, innovation score, new product launches, investments, market share growth, etc

Why buy this report?

  • The report offers a comprehensive assessment of the global precision agriculture software market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and market size projections. Projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The main research is done through interviews, surveys and observations of renowned personnel in the industry.
  • The report includes in-depth market analysis using Porter’s 5 forces model and Ansoff’s matrix. Additionally, the impact of Covid-19 on the market is also presented in the report.
  • The report also includes the regulatory scenario in the industry, which will help you to make an informed decision. The report discusses the major regulatory bodies and major rules and regulations imposed on this industry across various geographies.
  • The report also contains competitive analysis using Positioning Quadrants, the analyst’s competitive positioning tool.

Report Highlights:

  • A comprehensive analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current and projected market size based on value and volume
  • Market shares and strategies of the main players
  • Recommendations for companies to strengthen their presence in the market

Main topics covered:

1 Description of the report

2 Research methodology

3 Executive Summary

4 market influencers
4.1 Drivers
4.1.1 Increase in Cloud Computing for Real-Time Data Management
4.1.2 Government initiatives favorable to the adoption of modern agricultural techniques
4.1.3 Strengthening of intellectual property rights on agricultural innovations
4.1.4 Integration of mobile technology into farming techniques
4.1.5 Increase use of agricultural software to maintain farm efficiency
4.2 Constraints
4.2.1 High initial capital investment
4.3 Opportunities
4.3.1 Education programs for farmers
4.3.2 High Speed ​​Internet Connectivity
4.4 Challenges
4.4.1 Data management for productive decision-making
4.4.2 Lack of Standardization in the Precision Agriculture Industry

5 Market Analysis
5.1 Porter’s Five Forces Analysis
5.2 Impact of COVID-19
5.3 Ansoff matrix analysis

6 Global Precision Agriculture Software Market, By Software Type
6.1 Presentation
6.2 Local/web-based
6.3 Cloud-based
6.3.1 Software as a Service (SaaS)
6.3.2 Platform as a Service (PaaS)

7 Global Precision Agriculture Software Market, by Application
7.1 Presentation
7.2 Performance Monitoring
7.3 Field mapping
7.4 Crop monitoring
7.5 Weather monitoring and forecasting
7.6 Irrigation management
7.7 Inventory management
7.8 Farm Labor Management
7.9 Financial management
7.10 Others

8 Global Precision Agriculture Software Market, By Service Provider
8.1 Presentation
8.2 System integrators
8.3 Managed Service Providers
8.3.1 Farm operations services
8.3.2 Data services
8.3.3 Analytics Services
8.4 Connectivity Service Providers
8.5 Assisted Professional Service Providers
8.5.1 Supply chain management services
8.5.2 Climate information services
8.5.3 Others
8.6 Maintenance, Software Upgrade and Support Service Providers

9 Global Precision Agriculture Software Market, By Geography

10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1M&A and investments
10.3.2 Partnerships and collaborations
10.3.3 Product Developments and Improvements

11 company profiles
11.1 Ag Leader Technology
11.2 Agco Corporation
11.3 Agjunction, Inc.
11.4 Aurora SRL
11.5 Bayer Cropscience AG
11.6 Case IH Agriculture
11.7 Customs clearance operations
11.8 Conservis Corporation
11.9 Cropmetrics
11.10 Deere & Company
11.11 Dickey-John Society
11.12 Fairport Farm Software
11.13 Farmers Edge Inc.
11.14 Granular, Inc.
11.15 Grownetics, Inc.
11.17 Iteris, Inc.
11.18 Mapshots Inc.
11.19 Proagrica
11.20 Raven Industries Inc.
11.21 Teejet Technologies
11.22 The Climate Society
11.23 Topcon Positioning Systems, Inc.
11.24 Trimble Inc.

12 Appendix

For more information about this report visit https://www.researchandmarkets.com/r/1mjpmr

Media Contact:

Research and Markets
Laura Woodsenior
[email protected]

For EST office hours, call +1-917-300-0470
For USA/CAN call toll free +1-800-526-8630
For GMT office hours call +353-1-416-8900

US Fax: 646-607-1907
Fax (outside the US): +353-1-481-1716

SOURCE Research and Markets

About Cassondra Durden

Check Also

Agriculture: Deadline approaches for registration of pesticide use

And with next week the June 22 deadline for those who use pesticides to register …