Press release
GIS Software in Agriculture Market Expected to Reach USD 14.8 Billion at 13.96% CAGR | Autodesk, Trimble, Topcon
Global GIS Software in Agriculture Market to surpass USD 14.8 billion by 2030 from USD 9.3 billion in 2020 at a CAGR of 13.96 % in the coming years, i.e., 2021-30.Product Overview
Often the geographical information system is called the "geological information system." The geographical information system is a unique and very significant technological device that regulates, stores, calculates, analyses, displays and explains geographically related data distribution across the globe or part of the surface, assisted by computer hardware and software systems, including the atmosphere.
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Market Highlights
Global GIS Software in the Agriculture market is expected to project a notable CAGR of 13.96% in 2030.
The main driving force behind the growth is that many policymakers are increasingly worried about the world population's rising food insecurity. The growing degree of urbanization also raises concerns about the availability of agricultural work and land. Technologies like GIS software can therefore be used to maximize farm resource use to meet the increasing demand for food. Factors such as an increase in the adoption rate of technologies in agriculture and increased government initiatives globally are driving GIS software in agricultural market development.
Global GIS Software in Agriculture Market: Segments
Software segment to grow with the highest CAGR during 2020-30
Global GIS Software in Agriculture market is segmented by component into hardware, which is further divided into GIS Collector, Total Station and LiDAR, Software and Services. Due to the growing use of GIS in urban planning, catastrophe management, transportation management, and smart city growth, the demand for GIS software is anticipated to accelerate significantly during the forecast period. The inclusion of CRM and enterprise resource planning (ERP) has expanded the use of GIS for business intelligence and marketing. GIS analytics software is anticipated to have significant potential to grow the software GIS market during the forecast period with the emergence of cloud computing and artificial intelligence.
Agriculture segment to grow with the highest CAGR during 2020-30
Global GIS Software in Agriculture is divided by end-user into Agriculture, Oil & Gas, Architecture, Engineering, and Construction, Transportation, Utilities, Mining, Government, Healthcare, Retail and Others (Marine, Education, and Forestry). The GIS sector is projected to expand during the forecast period for the agricultural industry at the highest CAGR. GIS techniques enable farmers to achieve higher yields and lower costs by improving land resource management. Small and marginalized farmers worldwide will reduce their risk of marginalization and vulnerability. In addition, GIS demands for livestock control, crop management, and monitoring and management of soil and farmland irrigation are considerable in the agricultural industry. The GIS mar is anticipated to widen by raising the global agriculture sector and the growing penetration of technologies in the region.
Market Dynamics
Drivers
Urban Agricultural Planning
The growing demand for GIS in cities and urban agricultural planning development increased adoption of GIS software, and growth in transit adoption are key factors driving the growth of the global GIS software market. The new GIS software solutions are a global development drive for city agricultural development. In addition, the adoption of GIS cloud and 4D GIS applications is projected to provide important agricultural opportunities for geographic information systems software. In the transport & logistics industry, the adoption of Geographical Information System Applications was the highest in 2020.
Increasing concern for food security
The main driving force behind the growth is that many policymakers are increasingly worried about the world population's rising food insecurity. The growing degree of urbanization also raises concerns about the availability of agricultural work and land. Technologies like GIS software can therefore be used to maximize farm resource use to meet the increasing demand for food. Factories such as an increase in the adoption rate of technologies in agriculture and increased government initiatives globally are driving GIS software in agricultural market development.
Restraint
Lack of technological know-how
GIS Software requires technical knowledge. Limited knowledge about and use of advanced technologies creates an imbalance between comprehension and implementation of the concepts in the field of GIS Software in Agriculture. While several governments and market players around the world take initiatives to provide training and advising farmers on the use of GIS Software, many farmers are not involved. Similarly, limited technical know-how is hindering the growth of the GIS Software in the Agriculture industry.
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Uncovering the competitive outlook of the GIS Software in Agriculture Market:
-The comprehensive GIS Software in Agriculture Market study embraces a mutinously developed competitive examination of this business space. According to the study: Hexagon AB (Sweden), Pitney Bowes Inc. (US), Autodesk Inc. (US), Trimble Inc. (US), Topcon Corporation (Japan), Hi-Target Surveying Instrument Co. Ltd. (China), Bentley Systems Inc. (US), Caliper Corporation (US), Computer-Aided Development Corporation Ltd., SuperMap Software Co. (China), Harris Corporation (US), Other Prominent Players, Global
- Data pertaining to production facilities owned by market majors, industry share, and the regions served are appropriately detailed in the study.
- The research integrates data regarding the producer’s product range, top product applications, and product specifications.
Gross margins and pricing models of key market contenders are also depicted in the report.
other takeaways from the report that will impact the remuneration scale of the GIS Software in Agriculture Market:
- The GIS Software in Agriculture Market study appraises the product spectrum of this vertical with all-embracing details. Based on the report, the GIS Software in Agriculture Market, in terms of product type, is classified into
Hardware {GIS Collector, Total Station, LiDAR}, Software and Services
- Insights about the market share captured based on each product type segment, profit valuation, and production growth data are also contained within the report.
- The study covers the elaborate analysis of the markets application landscape that has been widely fragmented into:
Agriculture, Oil & Gas, Architecture, Engineering, and Construction, Transportation, Utilities, Mining, Government, Healthcare, Retail and Others {Marine, Education, and Forestry}
- Insights about each application's market share, product demand predictions based on each application, and the application wise growth rate during the forthcoming years, have been included in the GIS Software in Agriculture Market report.
- Other key facts tackling aspects like the market concentration rate and raw material processing rate are illustrated in the report.
- The report evaluates the market's recent price trends and the project's growth prospects for the industry.
- A precise summary of tendencies in marketing approach, market positioning, and marketing channel development is discussed in the report.
- The study also unveils data with regards to the producers and distributors, downstream buyers, and manufacturing cost structure of the GIS Software in Agriculture Market.
This report provides a detailed analysis of the prospects for the global GIS Software in Agriculture industry up to 2024, including an assessment of the impact of COVID-19.
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Strategic Points Covered in Table of Content of GIS Software in Agriculture Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the GIS Software in Agriculture Market
Chapter 2: Exclusive Summary - the basic information of the GIS Software in Agriculture Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the GIS Software in Agriculture
Chapter 4: Presenting the GIS Software in Agriculture Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End-User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the GIS Software in Agriculture Market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, GIS Software in Agriculture Market is a valuable source of guidance for individuals and companies.
You can also get individual chapter wise section or region wise report versions like North America, Europe or Asia or Country like the US, UK, China and other.
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Ample Market Research provides comprehensive market research services and solutions across various industry verticals and helps businesses perform exceptionally well. Our end goal is to provide quality market research and consulting services to customers and add maximum value to businesses worldwide. We desire to deliver reports that have the perfect concoction of useful data. Our mission is to capture every aspect of the market and offer businesses a document that makes solid grounds for crucial decision making.
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