Precision Farming Software Market is a word describing a notion that incorporates traditional farming with technological advances. Technology is used to measure and identify variables including soil temperature, humidity, patterns of climate, development, etc. This data is then used to handle several elements of farming so that the ideal crop yield can be obtained by using the least amount of funds. The global precision farming software idea aims at identifying the needed variables and specifically addressing those variables in order to achieve maximum crop yield achievement.
Global precision farming software market is to register a healthy CAGR of 15.01% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market value can be attributed to growing requirement of real-time data management, government support and expenditure on agricultural software for maintaining farm productivity.
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Competitive Analysis: Global Precision Farming Software Market
Few of the major competitors currently working in Global Precision Farming Software Market are Grownetics, Inc., Auroras s.r.l., Granular, Inc., TOPCON CORPORATION, The Climate Corporation, Farmers Edge Inc, DICKEY-john., Conservis, Ag Leader Technology., Raven Industries, Inc., Iteris, Inc., Reed Business Information Ltd, AgJunction, Trimble Inc., Deere & Company., Mothive, CropX inc., Ceres Imaging, Inc, GAMAYA, AgriData Incorporated., AgEagle Aerial Systems Inc., Aker Solutions, among others.
Key Pointers Covered in the Global Precision Farming Software Market Trends and Forecast to 2026
- Global Precision Farming Software Market New Sales Volumes
- Global Precision Farming Software Market Replacement Sales Volumes
- Global Precision Farming Software Market Installed Base
- Global Precision Farming Software Market By Brands
- Global Precision Farming Software Market Size
- Global Precision Farming Software Market Procedure Volumes
- Global Precision Farming Software Market Product Price Analysis
- Global Precision Farming Software Market Healthcare Outcomes
- Global Precision Farming Software Market Cost of Care Analysis
- Global Precision Farming Software Market Regulatory Framework and Changes
- Global Precision Farming Software Market Prices and Reimbursement Analysis
- Global Precision Farming Software Market Shares in Different Regions
- Recent Developments for Global Precision Farming Software Market Competitors
- Global Precision Farming Software Market Upcoming Applications
- Global Precision Farming Software Market Innovators Study
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Key Developments in the Market:
- In April 2019 Bayer's subsidiary Climate Corporation (Climate) and irrigation technology manufacturing leader Lindsay Corporation announced a platform agreement that will create the bi-directional data link between Climate Field View of Climate Corporation and Lindsay’s Field NET platform. The collaboration will allow common customer such as framers to quickly and soundly decide on irrigation and farm management techniques with more information and precision.
- In December 2018, Raven industries announced that it has purchased all the assets of AgSync, Inc. . The purchase may well coordinate with the company's Applied Technology Division, a major technology provider in the precision agriculture sector, and improve its Slingshot system by providing a smooth logistics solution for agricultural distributors, specialty applicators and company farms. This purchase will offer important advantages to the consumers, mainly for agricultural suppliers and specialty applicators.
Scope of the Precision Farming Software Market
- Global Precision Farming Software Market By Delivery Model (Local/Web-Based, Cloud-Based), Technology (Guidance System Technologies, Remote Sensing and Control System, Variable Rate Technology), Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking and Forecasting, Irrigation Management, Inventory Management, Farm Labor Management, Financial Management, Others), Service Provider (System Integrators, Managed Services Providers, Maintenance, Software Upgradation, Support Services Providers), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
- Global precision farming software market is to register a healthy CAGR of 15.01% in the forecast period of 2019-2026. The report contains data from the base year of 2018 and the historic year of 2017. The rise in the market value can be attributed to growing requirement of real-time data management, government support and expenditure on agricultural software for maintaining farm productivity.
- Precision farming is a word describing a notion that incorporates traditional farming with technological advances. Technology is used to measure and identify variables including soil temperature, humidity, patterns of climate, development, etc. This data is then used to handle several elements of farming so that the ideal crop yield can be obtained by using the least amount of funds. The global precision farming software idea aims at identifying the needed variables and specifically addressing those variables in order to achieve maximum crop yield achievement.
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Key insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key Market players involved in this industry
- Detailed analysis of the Market Segmentation
- Competitive analysis of the key players involved
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