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Precision Farming Software Market Set for Explosive Growth: 12.0% CAGR to Hit USD 4.03 Billion By 2032

09-24-2024 01:34 PM CET | IT, New Media & Software

Press release from: Polaris Market Research & Consulting

Precision Farming Software Market

Precision Farming Software Market

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.

๐Š๐ž๐ฒ ๐’๐ญ๐š๐ญ๐ฌ
โ€ข The global precision farming software market was valued at USD 1.48 billion in 2023
โ€ข The industry is expected to grow at a CAGR of 12.0% during the forecast period
โ€ข By 2032, the market is expected to reach USD 4.03 billion

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐š ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฐ๐ข๐ญ๐ก ๐€๐ง ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐‹๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐‹๐š๐ญ๐ž๐ฌ๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐”๐ฉ๐œ๐จ๐ฆ๐ข๐ง๐  ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ: https://www.polarismarketresearch.com/industry-analysis/precision-farming-software-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ

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.

๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ ๐๐ซ๐จ๐Ÿ๐ข๐ฅ๐ž

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:

โ€ข ABACO S.p.A.
โ€ข Ag Leader Technology
โ€ข AGCO Corporation
โ€ข AgEagle Aerial Systems Inc
โ€ข AgJunction LLC
โ€ข Climate LLC
โ€ข Deere & Company
โ€ข Descartes Labs, Inc.
โ€ข ec2ce
โ€ข Hexagon AB
โ€ข PrecisionHawk
โ€ข Raven Industries, Inc.
โ€ข TeeJet Technologies
โ€ข TOPCON CORPORATION
โ€ข Trimble Inc.

๐๐ž๐ž๐ ๐Œ๐จ๐ซ๐ž ๐ˆ๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐ฉ๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž: https://www.polarismarketresearch.com/industry-analysis/precision-farming-software-market/inquire-before-buying

๐๐ซ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง ๐…๐š๐ซ๐ฆ๐ข๐ง๐  ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ

โ€ข 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.
โ€ข 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.
โ€ข 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.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ

โ€ข 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.
โ€ข 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.

๐๐ซ๐จ๐ฐ๐ฌ๐ž ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.polarismarketresearch.com/industry-analysis/precision-farming-software-market

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง

๐๐ซ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง ๐…๐š๐ซ๐ฆ๐ข๐ง๐  ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž, ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž - ๐”๐’๐ƒ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ— - ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)
โ€ข Guidance System Technologies
โ€ข Variable Rate Technology
โ€ข Introduction
โ€ข Remote Sensing and Control System

๐๐ซ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง ๐…๐š๐ซ๐ฆ๐ข๐ง๐  ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž, ๐ƒ๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ ๐Œ๐จ๐๐ž๐ฅ ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž - ๐”๐’๐ƒ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ— - ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)
โ€ข Cloud-Based
โ€ข Introduction
โ€ข On-Premises

๐๐ซ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง ๐…๐š๐ซ๐ฆ๐ข๐ง๐  ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž, ๐’๐ž๐ซ๐ฏ๐ข๐œ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž - ๐”๐’๐ƒ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ— - ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)
โ€ข Assisted Professional Services
โ€ข Introduction
โ€ข System Integration
โ€ข Managed Services
โ€ข Connectivity Services
โ€ข Maintenance, Upgradation, and Support Service

๐๐ซ๐ž๐œ๐ข๐ฌ๐ข๐จ๐ง ๐…๐š๐ซ๐ฆ๐ข๐ง๐  ๐’๐จ๐Ÿ๐ญ๐ฐ๐š๐ซ๐ž, ๐€๐ฉ๐ฉ๐ฅ๐ข๐œ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐‘๐ž๐ฏ๐ž๐ง๐ฎ๐ž - ๐”๐’๐ƒ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ— - ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ)
โ€ข Introduction
โ€ข Farm Labor Management
โ€ข Financial Management
โ€ข Yield Monitoring
โ€ข Field Mapping
โ€ข Crop Scouting
โ€ข Weather Tracking and Forecasting
โ€ข Inventory Management
โ€ข Irrigation Management
โ€ข Others

๐Œ๐จ๐ซ๐ž ๐“๐ซ๐ž๐ง๐๐ข๐ง๐  ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐›๐ฒ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
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
Follow Us: LinkedIn | Twitter

๐€๐›๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐š๐ซ๐ข๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก & ๐‚๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐ˆ๐ง๐œ:
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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