Precision Farming Software & Services Market: In-Depth Analysis, Size, Share, Growth, Trends and Forecast 2019-2026Software & services increasingly are used by agriculturists and farmers worldwide for the purpose of precision farming. They prove immensely helpful to farmers in efficiently planning and maintaining databases, resulting in enhanced farming productivity. Adoption of the latest technological solutions, such as the GPS/GNSS technology and other similar sensing technology, display devices, result in streamlining the working mechanism of farmers and agriculturists.
Agricultural research organizations and concerned associations play a crucial role in the development of this market. rapidly growing demand for food and agriculture by-products along with penetration of cloud computing technology is assisting farm data management are the factors that will boost the growth of the market. Furthermore, a consolidated IPR regime related to recent agricultural innovations and integration of mobile technology with different farming techniques are the key factors that will drive the growth of the market.
However, large capital investment, a requirement of large space of land-holdings & field variability are the factors that will hinder the growth of the precision software & services market. The rise in unmanned vehicle application and very high-speed internet connectivity are the factors that will offer ample growth opportunities in the Precision Farming Software & Services Market. The effective management of voluminous amount of output data is a key market challenge.
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Key market players profiled in the report include Deere & Company, Trimble Navigation, Ltd., Topcon Precision Agriculture, SST Development Group, Inc., Monsanto Company, Raven Industries, Inc., Dickey-John Corporation, Ag Leader Technology, AgJunction, and CNH Industrial NV.
KEY BENEFITS FOR STAKEHOLDERS:
• The report provides a comprehensive analysis of current & future market trends and emerging avenues for the growth of the market across the globe.
• The report offers an overview of changing market dynamics in terms of regional and global perspectives of buying behavior of precision farming software.
• The report offers an insight into the competitive landscape in terms of new technological developments, untapped segments, and value chain analysis.
PRECISION FARMING SOFTWARE & SERVICES MARKET KEY SEGMENTS:
Precision Farming Software & Services Market By Hardware:
• Sensing Devices
• Guidance and Steering
• Monitors & Display Devices
• GPS/GNSS Devices
Precision Farming Software & Services Market By Software:
• Farm Management Software
Precision Farming Software & Services Market By Service:
• Design Integration and Consultation
• Managed Services
• Maintenance and Support
Precision Farming Software & Services Market By Application:
• Crop Management
• Financial Management
• Farm Inventory Management
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