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PRECISION FARMING SOFTWARE

Global Market Trajectory & Analytics

MCP14906

VALIDATED EXECUTIVE ENGAGEMENTS

Number of executives repeatedly engaged by snail & email outreach*

POOL + OUTREACH

938

Interactions with Platform & by Email *

INTERACTIONS

188

Unique # Participated *

PARTICIPANTS

38

Responses Validated *

VALIDATIONS

17

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  •  DATE

    JULY 2020

  •  TABLES

    108

  •  PAGES

    182

  •  EDITION

    8

  •  PRICE

    USD $4950

COVID-19 IMPACT SURVEY
Amid the COVID-19 crisis, the global market for Precision Farming Software estimated at US$762.9 Million in the year 2020, is projected to reach a revised size of US$1.8 Billion by 2027, growing at a CAGR of 13.4% over the period 2020-2027.Local/Web-Based, one of the segments analyzed in the report, is projected to grow at a 11% CAGR to reach US$1.1 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Cloud-Based segment is readjusted to a revised 18.1% CAGR for the next 7-year period. This segment currently accounts for a 28.9% share of the global Precision Farming Software market.
The Precision Farming Software market in the U.S. is estimated at US$225 Million in the year 2020. The country currently accounts for a 29.5% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$323 Million in the year 2027 trailing a CAGR of 13% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 11.8% and 11.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.8% CAGR while Rest of European market (as defined in the study) will reach US$323 Million by the year 2027.We bring years of research experience to this 8th edition of our report. The 182-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Competitors identified in this market include, among others, AG Leader Technology; AgJunction, Inc.; Deere & Company; Monsanto Company; Proagrica; Trimble, Inc.
» Deployment (Local/Web-Based, and Cloud-Based) » Service Provider (System Integrators, Managed Services Providers, Connectivity Services Providers, and Other Service Providers) » and Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking & Forecasting, Inventory Management, and Other Applications)
» World » United States » Canada » Japan » China » Europe » France » Germany » Italy » United Kingdom » and Rest of Europe » Asia-Pacific » Rest of World

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