Precision Farming Software Market

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MarketsandMarkets Research Private Ltd.
Presents
Precision Farming Software Market worth 1,188.7
Million USD by 2022
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recision-farming-software-services-market-88781005
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The report "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", The precision farming
software market is expected to grow from USD
463.8 Million in 2015 and is expected to reach
USD 1,188.7 Million by 2022, at a CAGR of 14.03
between 2016 and 2022. The increasing need for
data management through cloud computing and the
governments support for modern agricultural
techniques are some of the significant drivers
for the growth of the precision farming software
market. Browse gtgt 66 market
data tables 67 figures
195 pages and in-depth TOC on
Precision Farming Software Market
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Early buyers will receive 10 customization
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Local/web-based delivery model is expected to
lead the precision farming software market The
local/web-based software delivery model is
expected to hold the largest share of the
precision farming software market between 2016
and 2022. These software are being created in
programming languages which are browser
supported. Web-based software is popular because
they are easy to maintain and update. This
software helps in storing data on secure, updated
enterprise class servers. The web-based precision
farming software held the larger share compared
to cloud-based software in 2016. Precision
farming software market for weather tracking and
forecasting expected to grow at the highest rate
between 2016 and 2022 Weather tracking and
forecasting is one of the important parameters in
precision farming software, as this application
facilitates up-to-date information on prevailing
climatic conditions, such as temperature, rain,
wind speed and direction, solar radiation, and so
on. The software part of weather tracking
includes desktop weather software for different
weather applications and add-on software modules.
Weather tracking helps in taking decisions before
severe and potentially dangerous conditions
occur, thereby protecting a farmers family or
business.
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Americas held the largest share of the precision
farming software market in 2015 The Americas
held the largest share of the precision farming
software market in 2015. The factor for this
growth is increased industrialization of farming
equipment with the need for improved efficiency
and productivity to meet the global demand for
food. Efficient farming requirements, high
production accuracy, increased use of farm
management software, mobile applications, data
analytics services, and cloud services are some
of the factors for the growth of the market in
the Americas region. Some of the major players
in the precision farming market are Deere
Company (U.S.), Trimble, Inc. (U.S.), Raven
Industries Inc. (U.S.), AgJunction, Inc. (U.S.),
and AGCO Corporation (U.S.) among others. Some of
the major start-ups in the market which were
established after 2010 are Farmeron, Inc. (U.S.),
Airinov (France), Microdrones GmbH (Germany),
OnFarm Systems (U.S.), and PrecisionHawk (U.S.)
among others.
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