Precision Farming Software Market 2020 Strategic Assessment - AG DNA, AG Junction, AG Leader Technology, AGCO Corporation

The report elaborates the complete details covering product definition, product type, and application. The report covers useful details which are categorized based on Precision Farming Software production region, major players, and product type which will provide a simplified view of the Precision Farming Software industry. The Precision Farming Software market report presents the competitive scenario of the major market players based on the sales revenue, customer demands, company profile, the business tactics used in Precision Farming Software market which will help the emerging market segments in making vital business decisions.

The global precision farming software market was valued at USD 993.24 million in 2019 and is anticipated to register a CAGR of 16.7% during the forecast period(2020-2025).

Precision Farming Software Market Segmentation:  

This report on Global Precision Farming Software market is a detailed research study that helps provides answers and pertinent questions with respect to the emerging trends and growth opportunities in this industry. It helps identify each of the prominent barriers to growth, apart from identifying the trends within various application segments of the Global market for Precision Farming Software. Collecting historical and recent data from various authentic resources and depending on all the factors and trends, the report presents a figurative estimate of the future market condition, along with compound annual growth rate (CAGR).

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Global Precision Farming Software market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including AG DNA, AG Junction, AG Leader Technology, AGCO Corporation, Agribotix, Bayer CropScience AG, Case IH Agriculture, ClearAg Operations, Conservis Corporation, Deere & Company, Fairport Farm Software, IBM, Mapshots Inc., Raven Industries, amongst others.

Decreasing skilled labor in agriculture

Precision farming is a way of farming in which internet of things (IOT), softwares, and other technlologies are used to utilize farm inputs in an productive way to cut the cost. According to International Labor Organization, Globally, in 2016, 28.81% of human resource were engaged in agriculture are skilled. This has reduced to 28.40% in 2017 which further decreased to 28.26% in 2016. As precision agriculture needs skilled labor who are at acute shortage of availability, presicion farmers admire and tend to consume softwares that can be productive with the current challenge. This scenario is one of the major factors that pendulate the market forward.

North America to Dominate the Global Precision Farming Software Market

North America is one of the most important regions in the world for precision agriculture apart from Europe and Brazil. Wide Area Augmentation System (WAAS), a GNSS based solution, is the most popular technology in North America. The segment has 66% of market penetration. A large potential for satellite-based devices and equipment lies in the North American Market. The market growth is primarily accelerated by the increasing demand for Real-Time Kinetic technology, fertilizer and sprayer controllers, robotics, variable rate irrigation, networks and remotes sensing technologies.AgLeader, Agri-vision, Blue River Technologies, Crop Venture Incorporated, Farm Works, Holland Scientifics are some of the precision agriculture software-based companies based in the United States market.          

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This independent 114 pages report guarantees you will remain better informed than your competition. With over 80 tables and figures examining the Precision Farming Software market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2025.

Key Takeaways from this Report

Impact of low unit costs, diversified product ranges and intense competition on the market
Analyzing various perspectives of the market with the help of Porter’s five forces analysis
Regional analysis of the market
Identifying the latest developments, market shares, and strategies employed by the major market players
3-month analyst support, along with the Market Estimate sheet (in Excel)           

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