Press release
Precision Farming Software Market Set for Explosive Growth: 12.0% CAGR to Hit USD 4.03 Billion By 2032
Precision farming is a collaborative endeavour between varied IT systems, a data burrowing, real time analytics offering independently pushed force bracing outmoded seed to sale procedures. There is an amalgamation of technologies such as UAVs, soil mapping, remote sensing, and GPS consolidation to cast an interchange between them. The notion is to cast a comprehensive image of the land and the situations impacting its configuration that rotates in real-time utilizing remote sensing technology. The sensors gather the granular quantification connected to salinity, moisture, fertilizer strength, weather, growth rate, and alternate ecological variables influencing the biorhythm.๐๐๐ฒ ๐๐ญ๐๐ญ๐ฌ
โข The global precision farming software market was valued at USD 1.48 billion in 2023
โข The industry is expected to grow at a CAGR of 12.0% during the forecast period
โข By 2032, the market is expected to reach USD 4.03 billion
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐จ๐จ๐ค ๐๐ญ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐๐ฉ๐๐จ๐ฆ๐ข๐ง๐ ๐๐๐ฏ๐๐ง๐๐๐ฆ๐๐ง๐ญ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/precision-farming-software-market/request-for-sample
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ
As the population of the world persists, there is a growing demand for food, which places stress on important resources such as fresh water. To encounter tis demand in a sustainable manner, it is important to decrease water usage in agriculture. This can be achieved by preparing crops that can prosper with less water.
The market possibility has growingly concentrated on enhanced food security and agricultural innovativeness. By utilizing technologies such as IoT sensors, drones, GPS, and machine learning algorithms, these instruments sanction farmers to maximize the usage of resources and thus supporting the precision farming software market growth.
๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ ๐๐ซ๐จ๐๐ข๐ฅ๐
The market is splintered and is expected to observe contention due to many players' existence. Major companies in the precision farming software market are noted below:
โข ABACO S.p.A.
โข Ag Leader Technology
โข AGCO Corporation
โข AgEagle Aerial Systems Inc
โข AgJunction LLC
โข Climate LLC
โข Deere & Company
โข Descartes Labs, Inc.
โข ec2ce
โข Hexagon AB
โข PrecisionHawk
โข Raven Industries, Inc.
โข TeeJet Technologies
โข TOPCON CORPORATION
โข Trimble Inc.
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐ง๐๐จ๐ซ๐ฆ๐๐ญ๐ข๐จ๐ง? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐ฉ๐ฎ๐ซ๐๐ก๐๐ฌ๐: https://www.polarismarketresearch.com/industry-analysis/precision-farming-software-market/inquire-before-buying
๐๐ซ๐๐๐ข๐ฌ๐ข๐จ๐ง ๐ ๐๐ซ๐ฆ๐ข๐ง๐ ๐๐จ๐๐ญ๐ฐ๐๐ซ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข The guidance system technologies segment dominated the market in 2023, driven by farmers can plant their crops with greater precision, ensuring that each seed is placed at the optimal distance and depth for optimal growth.
โข The on-premises segment led the market in 2023 and is expected to maintain its dominance due to its ability to provide heightened data security and control.
โข North America holds a significant revenue share in the global Precision Farming Software market, driven by farmers in this region are highly educated and are increasingly adopting advanced farming systems, mobile apps, cloud services, farm management software, imagery services, and data analytics.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
โข North America held a dominant position in the global market due to farmers being extremely educated and growingly acquiring progressive farming systems, mobile apps, and cloud services, to name a few.
โข Asia Pacific is anticipated to develop at the quickest rate in the market over the forecast period due to a discernible surge in technology acquisitions covering several sectors, including agriculture.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐ ๐ฎ๐ฅ๐ฅ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/precision-farming-software-market
๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ซ๐๐๐ข๐ฌ๐ข๐จ๐ง ๐ ๐๐ซ๐ฆ๐ข๐ง๐ ๐๐จ๐๐ญ๐ฐ๐๐ซ๐, ๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐ - ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐ - ๐๐๐๐)
โข Guidance System Technologies
โข Variable Rate Technology
โข Introduction
โข Remote Sensing and Control System
๐๐ซ๐๐๐ข๐ฌ๐ข๐จ๐ง ๐ ๐๐ซ๐ฆ๐ข๐ง๐ ๐๐จ๐๐ญ๐ฐ๐๐ซ๐, ๐๐๐ฅ๐ข๐ฏ๐๐ซ๐ฒ ๐๐จ๐๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐ - ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐ - ๐๐๐๐)
โข Cloud-Based
โข Introduction
โข On-Premises
๐๐ซ๐๐๐ข๐ฌ๐ข๐จ๐ง ๐ ๐๐ซ๐ฆ๐ข๐ง๐ ๐๐จ๐๐ญ๐ฐ๐๐ซ๐, ๐๐๐ซ๐ฏ๐ข๐๐ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐ - ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐ - ๐๐๐๐)
โข Assisted Professional Services
โข Introduction
โข System Integration
โข Managed Services
โข Connectivity Services
โข Maintenance, Upgradation, and Support Service
๐๐ซ๐๐๐ข๐ฌ๐ข๐จ๐ง ๐ ๐๐ซ๐ฆ๐ข๐ง๐ ๐๐จ๐๐ญ๐ฐ๐๐ซ๐, ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐ - ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐ - ๐๐๐๐)
โข Introduction
โข Farm Labor Management
โข Financial Management
โข Yield Monitoring
โข Field Mapping
โข Crop Scouting
โข Weather Tracking and Forecasting
โข Inventory Management
โข Irrigation Management
โข Others
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Quantum Networking Market: https://www.whatech.com/og/markets-research/it/885500-quantum-networking-market-forecasts-impressive-growth-set-to-reach-usd-15725-5-million-by-2032-with-a-cagr-of-44-1.html
Algorithmic IT Operations (AIOps) Market:https://www.whatech.com/og/markets-research/it/885524-algorithmic-it-operations-aiops-market-set-to-reach-usd-66-76-billion-by-2032-with-a-cagr-of-29-2.html
Video Management Software Market: https://www.whatech.com/og/markets-research/it/886079-video-management-software-market-forecasts-impressive-growth-set-to-reach-usd-55-0-billion-by-2030-with-a-cagr-of-22-42.html
Network Engineering Services Market: https://www.whatech.com/og/markets-research/it/886093-network-engineering-services-market-set-to-reach-usd-99-3-billion-by-2030-with-a-cagr-of-9-32.html
๐๐จ๐ง๐ญ๐๐๐ญ:
Likhil G
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
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๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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