Precision Farming Software Market Research Report

Precision Farming Software Market By Service Provider Analysis (System Integrators, Managed Services Providers, Assisted Professional Services Providers, Connectivity Services Providers, Maintenance, Software Upgradation, and Support Services Providers); By Delivery Model Analysis (Local/Web Based, Cloud Based); By Application Analysis (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking and Forecasting, Inventory Management, Farm Labor Management, Financial Management) and By Regional Analysis – Global Forecast by

The Precision Farming Software Market is expected to be around US$ 1.5 Billion by 2025 at a CAGR of 14.3% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Trimble Inc.
  • iAgri
  • Observant
  • Study period:

    2018-2025

    Base Year:

    2019

    CAGR:

    14

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    Precision farming programming is on a very basic level controlled by creating enthusiasm for steady data organization through dispersed registering, government’s support to grasp show day rustic techniques, and fortifying of authorized development rights over agribusiness advancements. Exactness cultivating programming will be the present technique for cultivating that people over the world would get. Yield watching is the most for the most part used application in precision developing programming, as this application expect a crucial part in cognizance the field change and helps agriculturists in increasing their yields. Soil watching is the huge usage of yield checking. Soil checking is used to perceive soil parameters that are required for a capable yield generation. The central focuses offered by cloud-based precision developing writing computer programs are data sharing, ability to get to structures on a variety of contraptions from any range that has Internet advantage, propelled execution, and basic section.

    How Big is the Global Precision Farming Software Market?

    The Precision Farming Software Market is expected to be around US$ 1.5 Billion by 2025 at a CAGR of 14.3% in the given forecast period.

    The major driving factors of Precision Farming Software Market are as follows:

     

          • Integration versatile innovation and cultivating systems
          • Growing interest for continuous information administration on cloud computing
          • Strengthening of protected innovation rights over agriculture developments
          • Government’s support to receive latestcultivating systems
          • Farming techniques will be used in combination with mobile technology

    The restraining factors of Precision Farming Software Market are as follows:

    • High beginning capital speculation
    • Dearth of specialized sharpness
    • Absence of standardizations in Precision Farming segment

    The Precision Farming Software Market is segmented on the lines of its service provider, delivery model, application and regional. Based on service provider segmentation it covers system integrators, managed services providers, assisted professional services providers, connectivity services providers, maintenance, software upgradation, and support services providers. Based on delivery model segmentation it covers local/web based, cloud based. Based on application segmentation it covers yield monitoring, field mapping, crop scouting, weather tracking and forecasting, inventory management, farm labor management, financial management, others. The Precision Farming Software Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:
    1) An overview of the global market for Precision Farming Software Market and related technologies.
    2) Analyses of global market trends, with data from 2016, estimates for 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2025.
    3) Identifications of new market opportunities and targeted promotional plans for
    Precision Farming Software Market.
    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry.

    REPORT SCOPE:
    The scope of the report includes a detailed study of global and regional markets on Precision Farming Software Market with the reasons given for variations in the growth of the industry in certain regions.
     
    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include
    The precision farming software ecosystem includes software providers such as Trimble, Inc. (U.S.), iAgri (New Zealand), and Observant (Australia). Precision farming software market are Deere & Company (U.S.), Trimble, Inc. (U.S.), AgJunction, Inc. (U.S.), and Raven Industries (U.S.) among others. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
     
    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    The Precision Farming Software Market has been segmented as below:

    By Service Provider Analysis

    • System Integrators
    • Managed Services Providers
    • Assisted Professional Services Providers
    • Connectivity Services Providers
    • Maintenance, Software Upgradation, and Support Services Providers

    By Delivery Model Analysis:

    • Local/Web Based
    • Cloud Based
      • Software as a service(SaaS)
      • Platform as a service(PaaS)

    By Application Analysis:

    • Yield Monitoring
    • Field Mapping
    • Crop Scouting
    • Weather Tracking and Forecasting
    • Inventory Management
    • Farm Labor Management
    • Financial Management
    • Others

    By Regional Analysis

    North America
    Europe
    Asia-Pacific
    Rest of the World

    Reasons to Buy this Report:
     
    1) Obtain the most up to date information available on all Precision Farming Software Market.
    2) Identify growth segments and opportunities in the industry.
    3) Facilitate decision making on the basis of strong historic and forecast of Precision Farming Software Market data.
    4) Assess your competitor’s refining portfolio and its evolution.

    Customization:
    We can offer you custom research reports as per client’s special requirements.

    1    INTRODUCTION    
        1.1    Key Take Aways    
        1.2    Report Description    
        1.3    Markets Covered    
        1.4    Stakeholders    
        1.5    Research Methodology    
            1.5.1    Market Size    
            1.5.2    Market Share    
            1.5.3    Key Data Points From Secondary Sources    
            1.5.4    Key Data Points From Primary Sources
     

    2 Research Methodology 
        2.1 Research Data 
               2.1.1 Secondary Data
                        2.1.1.1 List of Major Secondary Sources
                        2.1.1.2 Key Data From Secondary Sources
               2.1.2 Primary Data
                        2.1.2.1 Primary Interviews With Experts
                        2.1.2.2 Breakdown of Primaries
                        2.1.2.3 Key Data From Primary Sources
        2.2 Secondary and Primary Research 
               2.2.1 Key Industry Insights
        2.3 Market Size Estimation 
               2.3.1 Bottom-Up Approach
                        2.3.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
               2.3.2 Top-Down Approach
                        2.3.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
        2.4 Market Breakdown and Data Triangulation 
        2.5 Research Assumptions 
               2.5.1 Assumptions

     

    3 Executive Summary

     

    4 Premium Insights 
        4.1 Attractive Opportunities in the Precision Farming Software Market During the Forecast Period 
        4.2 Precision Farming Software Market in Asia-Pacific (APAC) 
        4.3 Precision Farming Software Market, By Delivery Model 
        4.4 Country-Wise Analysis of Precision Farming Software Market 
        4.5 Life Cycle Analysis

     

    5 Market Overview 
        5.1 Introduction 
        5.2 Segmentation of the Precision Farming Software Market 
               5.2.1 By Delivery Model
               5.2.2 By Application
               5.2.3 By Service Provider
               5.2.4 By Geography
        5.3 Market Evolution: Precision Farming Software Market 
        5.4 Market Dynamics 
               5.4.1 Drivers
                        5.4.1.1 Increasing Need of Real-Time Data Management Through Cloud Computing
                        5.4.1.2 Government’s Support to Adopt Modern Agricultural Techniques
                        5.4.1.3 Strengthening of Intellectual Property Rights Over Agricultural Innovations
                        5.4.1.4 Integration of Mobile Technology With Farming Techniques
                        5.4.1.5 Increasing Use of Agricultural Software for Maintaining Farm Efficiency
               5.4.2 Restraints
                        5.4.2.1 High Initial Capital Investment
               5.4.3 Opportunities
                        5.4.3.1 Integration of Smartphone With Agriculture Hardware and Software Applications
                        5.4.3.2 High Speed Internet Connectivity
               5.4.4 Challenges
                        5.4.4.1 Management of Data for Productive Decision Making
                        5.4.4.2 Lack of Standardization in the Precision Farming Industry
                        5.4.4.3 Dearth of Technical Acumen
               5.4.5 Winning Imperative
                        5.4.5.1 Sensing Technology for Smart Farming

     

    6 Industry Trends 
        6.1 Introduction 
        6.2 Value Chain Analysis 
        6.3 Technology Roadmap 
               6.3.1 Key Industry Trends
                        6.3.1.1 Privacy and Security Principles for Farm Data
                        6.3.1.2 Big Data Presents Lucrative Opportunity for Farm Data Analytics
                        6.3.1.3 Advance Sensing Technology That Supports Software Technology
                        6.3.1.4 Pervasive Automation Leading to Large Scale Adoption of Precision Farming Software
                        6.3.1.5 Mobile Computing Shaping Precision Farming Software Market
        6.4 Mergers and Acquisitions and Venture Funding in the Precision Farming Software Market 
               6.4.1 Mergers and Acquisitions of Software-Based Precision Farming Companies, 2010–2016
               6.4.2 Venture Funding and Investments in Software-Based Precision Farming Companies, 2013–2016
        6.5 Porter’s Five Forces Analysis 
               6.5.1 Intensity of Competitive Rivalry
               6.5.2 Threat of Substitutes
               6.5.3 Bargaining Power of Buyers
               6.5.4 Bargaining Power of Suppliers
               6.5.5 Threat of New Entrants

     

    7 Precision Farming Software Market, By Delivery Model 
        7.1 Introduction 
        7.2 Local/Web-Based 
        7.3 Cloud-Based 
               7.3.1 Software as A Service (SaaS)
               7.3.2 Platform as A Service (PaaS)

     

    8 Precision Farming Software Market, By Application 
        8.1 Introduction 
        8.2 Yield Monitoring 
        8.3 Field Mapping 
        8.4 Crop Scouting 
        8.5 Weather Tracking and Forecasting 
        8.6 Irrigation Management 
        8.7 Inventory Management 
        8.8 Farm Labor Management 
        8.9 Financial Management 
        8.10 Others

     

    9 Precision Farming Software Market, By Service Provider 
        9.1 Introduction 
        9.2 System Integrators 
        9.3 Managed Services Providers 
               9.3.1 Farm Operation Services
               9.3.2 Data Services
               9.3.3 Analytics Services
        9.4 Connectivity Services Providers 
        9.5 Assisted Professional Services Providers 
               9.5.1 Supply Chain Management Services
               9.5.2 Climate Information Services
               9.5.3 Others
        9.6 Maintenance, Software Upgradation, and Support Services Providers

     

    10 Geographic Analysis 
         10.1 Introduction 
         10.2 Americas 
                 10.2.1 North America
                            10.2.1.1 Presence of Major Companies and High Adoption Rate of Precision Farming Software in the Region
                            10.2.1.2 U.S.
                            10.2.1.3 Canada
                            10.2.1.4 Mexico
                 10.2.2 South America
                            10.2.2.1 Practice of Extensive Agriculture in Emerging Countries Such as Brazil is Driving the Growth of the Precision Farming Software Market in South America
                            10.2.2.2 Brazil
                            10.2.2.3 Argentina
                            10.2.2.4 Rest of South America
         10.3 Europe 
                 10.3.1 Increasing Supporting Infrastructure for Precision Farming Software in Europe is Fueling the Growth of This Market
                 10.3.2 Germany
                 10.3.3 U.K.
                 10.3.4 France
                 10.3.5 Italy
                 10.3.6 The Netherlands
                 10.3.7 Rest of Europe
         10.4 Asia-Pacific 
                 10.4.1 Increasing Government Support and Availability of Large Farmlands Driving the Growth of Precision Farming Software Market in the APAC Region
                 10.4.2 China
                 10.4.3 Japan
                 10.4.4 Australia
                 10.4.5 India
                 10.4.6 South Korea
                 10.4.7 Rest of APAC
         10.5 Rest of World 
                 10.5.1 Presence of Technologically-Advanced Countries Such as Israel and South Africa is Driving the Growth of the Precision Farming Software Market
                 10.5.2 Africa
                            10.5.2.1 South Africa
                 10.5.3 Middle East
                 10.5.4 Russia

     

    11 Competitive Landscape 
         11.1 Overview 
         11.2 Market Ranking Analysis for the Precision Farming Software Market, 2015 
         11.3 Competitive Situation and Trends 
         11.4 Startup Scenario 
                 11.4.1 List of Major Startups
         11.5 Recent Developments 
                 11.5.1 New Product Launches
                 11.5.2 Agreements, Partnerships, and Contracts
                 11.5.3 Mergers and Acquisitions

     

    12 Company Profiles 
         12.1 Introduction 
         12.2 Deere & Company 
         12.3 Trimble Inc 
         12.4 Agjunction, Inc. 
         12.5 SST Development Group Inc. 
         12.6 Iteris, Inc. 
         12.7 Raven Industries Inc. 
         12.8 AG Leader Technology 
         12.9 Conservis Corporation 
         12.10 Dickey-John Corporation 
         12.11 Farmers Edge Inc. 
         12.12 The Climate Corporation 
         12.13 Topcon Positioning Systems, Inc. 
         12.14 Key Innovators 
         12.15 Granular, Inc. 
         12.16 Aururas S.R.L 
         12.17 Grownetics, Inc.

    The Precision Farming Software Market has been segmented as below:

     

    By Service Provider Analysis

    • System Integrators
    • Managed Services Providers
    • Assisted Professional Services Providers
    • Connectivity Services Providers
    • Maintenance, Software Upgradation, and Support Services Providers

     

    By Delivery Model Analysis:

    • Local/Web Based
    • Cloud Based
      • Software as a service(SaaS)
      • Platform as a service(PaaS)

     

    By Application Analysis:

    • Yield Monitoring
    • Field Mapping
    • Crop Scouting
    • Weather Tracking and Forecasting
    • Inventory Management
    • Farm Labor Management
    • Financial Management
    • Others

     

    By Regional Analysis

    North America
    Europe
    Asia-Pacific
    Rest of the World

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    The market is expected to grow at a CAGR of 14.3% during the study period (2020-2025)
    The Precision Farming Software Market is expected to be around US$ 1.5 Billion by 2025
    The segment included in Precision Farming Software Market is Service Provider, Delivery Model, Application and region.
    Some key players operating in the Precision Farming Software Market include Trimble, Inc. (U.S.), iAgri (New Zealand), and Observant (Australia)
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