Precision Farming Software Market by Delivery Model (Local/web-based, Cloud-Based, SaaS, PaaS), Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking & Forecasting), Service Provider, and Geography - Global Forecast to 2022
For the past few years, the amount of electronic equipment in machinery has gradually increased, as manufacturers build more functional, and with enhanced productivity and performance features in their equipment.
Precision farming is a technology-based field management system. It is aimed to optimize the overall farming practices and input of resources. The rising population creates a huge demand for food. Influence of global warming on agricultural practices and sustainability of natural resources is high.
Data management and geo-location tracking are the two most popular technological advancements used by precision farming. Slowly replacing traditional methods, precision farming has remarkable impact on the overall output rates.
Increasing implementation of artificial intelligence and machine learning for real-time farm data management is driving global farm management software market revenue growth
Farm Management Software Market by Agriculture Type (Precision Farming, Livestock Monitoring, Fish Farming, Smart Greenhouse Farming), Delivery Model (Web Based, Cloud Based), Service Provider, Application, and Geography
Global farm management software market size is expected to reach $4.92 billion in 2028 at a rate of 12.3%, segmented as by component, solution, services
The Global Farm Management Software Market size is expected to reach $1.9 billion by 2023, rising at a market growth of 14% CAGR during the forecast period. Full report – https://kbvresearch.com/farm-management-software-market/
Farm Management Software market size will grow from USD 875.04 Million in 2017 to USD 1,937.95 Million by 2023, at an estimated CAGR of 0.1417. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The precision farming market, valued at US$ 8,996.7 million in 2022, is projected to reach US$ 10,004.3 million in 2023 and US$ 33,211.3 million by 2033, growing at a CAGR of 12.7%. Precision farming, which utilizes advanced technologies like GPS, IoT, and remote sensing, improves crop and livestock management by providing real-time data on environmental conditions and soil management. The market's growth is driven by advancements in technology such as driverless tractors and GPS sensing systems, though it faces challenges like high implementation costs and a lack of awareness among farmers. North America held a 26.8% market share in 2022 and is expected to maintain its lead, while Europe accounted for 21.2%. The hardware segment constituted 41.2% of the market, and soil monitoring held an 18.7% share in 2022, with the U.S. market contributing 16.5%.
A recent report published by Precision Business Insights on Precision Farming Market provides in-depth analysis of segments and sub-segments in the global as well as regional.
Complete report available @ http://goo.gl/4Z0eG3 . The competitive landscape section of the report primarily focuses on key industry players in the precision farming industry , their latest development, and respective share in the precision farming market. In addition to that, the report also entails emerging market trends, advancement in technological space, market segmentation, key growth areas and market size, region wise demand factors, and key competitors.
More Information @ https://bit.ly/2uavlW3 The high precision positioning systems led the precision farming market in 2016 due to the primary application of GPS and GNSS systems in precision farming solutions. These technologies serve as a basis for the functioning of precision farm systems and devices to determine and process location-based data.
click here for more info:-http://bit.ly/2R98nbn Crop Monitoring Technology in Precision Farming market for 2018–2023.Precision agriculture is a farming management concept based on observing, measuring and responding to inter and intra-field variability in crops.
The advent of advanced technologies such as guidance systems, variable rate technology, IoT, AI, and remote sensing has transformed the agriculture industry into a technologically intense and data-rich industry. Smart agriculture technologies assist in increasing profitability, improving sustainability, protecting the environment, and minimizing the consumption of resources such as water, fertilizers, and energy. IoT is implemented in various applications, including precision farming, livestock monitoring, precision aquaculture, smart greenhouse.
Precision agriculture also known as satellite farming or site-specific crop management (SSCM) is a farming management concept centered on observing, measuring and responding to inter and intra-field variability in crops.
The global smart farming market size was valued at USD 14.65 billion in 2021. It is projected to reach USD 66.8 billion by 2030, registering a CAGR of 18.40% during the forecast period (2022–2030). For more info - https://straitsresearch.com/report/smart-farming-market
The global agriculture precision market was valued at USD 4,694 million in 2017 and is expected to grow at a CAGR of 13.8% during the forecast period 2019–2026. https://straitsresearch.com/report/agriculture-precision-market
The global Smart Farming Market size was estimated at USD 14.5 billion in 2023 and is projected to reach USD 30.6 billion in 2030 at a CAGR of 11.2% during the forecast period 2023-2030.
Global digital farming market size is expected to reach $26.44 Bn by 2028 at a rate of 13.2%, segmented as by component, hardware, software, other components
Bharat Book presents the report on “Global Precision Agriculture Market” (https://www.bharatbook.com/agriculture-market-research-reports-506337/global-precision-agriculture-strategic-assessment.html). It provides an in-depth analysis of the market size of the major regions and key countries and also analyzes leading five vendors and ten other prominent vendors in the precision agriculture market.
According to the Market Statsville Group (MSG), the global 5G Smart Farming Market size is predicted to grow at a CAGR of 10.1% from 2023 to 2033. The 5G Smart Farming market is witnessing rapid growth, revolutionizing the agricultural sector. With 5G’s high-speed connectivity and low latency, farms can deploy advanced technologies like IoT sensors, drones, and autonomous machinery
Precision aquaculture involves various hardware and software components interconnected with each other. Sensors installed in the marine environment form a key part of these components as they monitor, interpret, analyze, and offer decision support for farm operations. A wide variety of sensors, such as acoustic, optical, and biological sensors, are used to gain insights into the farm environment, which assist in making decisions to enhance fish health and economic return, along with mitigating risk to the environment.
Precision planting is a highly efficient and effective way to grow crops, allowing growers to maximize yields while minimizing inputs and environmental impact. It involves the use of automation and connected technologies, including the Global Positioning System (GPS)-based guidance technology, smart metering, display systems, and variable rate technology (VRT) to manage crops and optimize the use of resources, such as seed, fertilizers, and water.
Smart farming market will reach at an estimated value of USD 25.02 million and grow at a CAGR of 12.76% in the forecast period of 2021 to 2028. Rising pressure on food supply system owing to rapidly growing population is an essential factor driving the smart farming market.
Precision agriculture involves the smart usage of technology to enable better decision making and optimized use of resources on farming. See Full Report: https://goo.gl/VTje1K
The precision viticulture market is projected to reach USD 1,546.6 Million by 2022 from USD 1,014.0 Million in 2017, growing at a CAGR of 8.81% during the forecast period. The availability of freeware geographical systems (GIS packages) with sophisticated functionality is expected to fuel the demand for precision viticulture technologies in the near future.