New Analysis by Global Industry Analysts Shows Steady Growth for Precision Farming Software, with the Market Set to Reach $1.6 Billion Worldwide by 2026

SAN FRANCISCO, July 4, 2022 /PRNewswire/ — A new market study published by Global Industry Analysts Inc. (GIA), the leading market research firm, released its report today entitled “Precision Farming Software – Global Market Development and Analysis”. The report presents new perspectives on opportunities and challenges in a significantly changed post-COVID-19 market.

New Analysis by Global Industry Analysts Shows Steady Growth for Precision Farming Software, with the Market Set to Reach $1.6 Billion Worldwide by 2026

New Analysis by Global Industry Analysts Shows Steady Growth for Precision Farming Software, with the Market Set to Reach $1.6 Billion Worldwide by 2026

FACTS AT A GLANCE
What’s new for 2022?

  • Global competitiveness and percentage market shares of key competitors

  • Market Presence in Multiple Regions – Strong/Active/Niche/Trivial

  • Interactive online peer-to-peer collaborative customized updates

  • Access to our digital archives and MarketGlass research platform

  • Free updates for one year

Edition: 8th; Released: January 2022
Executive Pool: 938
Companies: 44 – Players covered include AG Leader Technology; Ag Junction, Inc.; Deere & Company; Monsanto Company; proagrica; Trimble, Inc. and others.
Cover: All major regions and key segments
Segments: Deployment (on-premises/web-based and cloud-based); Service providers (system integrators, managed service providers, connectivity service providers and other service providers); and application (yield monitoring, field mapping, crop exploration, weather tracking and forecasting, inventory management and other applications)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and rest Europe); Asia Pacific; Rest of the world.

Free project preview – This is an ongoing global program. Check out our research program before making a purchase decision. We offer complimentary access to qualified executives in strategy, business development, sales and marketing, and product management at select companies. Previews provide insider access to business trends; competition brands; domain expert profiles; and market data templates and much more. You can also create your own customized report using our MarketGlass™ platform, which offers thousands of bytes of data, with no obligation to purchase our report. Preview Registration

ABSTRACT-

To reach global precision farming software market $1.6 billion until 2026
Amidst the COVID-19 crisis, the global precision farming software market is estimated at $762.9 millionis projected to reach a revised size of $1.6 billion to 2026 and growing at a CAGR of 13.4% over the analysis period. Local/Web-based, one of the segments analyzed in the report, is expected to register a CAGR and reach of 11% $1.1 billion until the end of the analysis period. After a thorough analysis of the business impact of the pandemic and the economic crisis it caused, the growth in the cloud-based segment is adjusted to a revised CAGR of 18.1% for the next 7 years.

The US market is estimated at $259.4 million in 2021, while China is expected to reach $288.6 million until 2026
The precision farming software market in the US is estimated at $259.4 million in 2021. Chinathe second largest economy in the world, is expected to reach a market size of $288.6 million to 2026 with a CAGR of 13% over the analysis period. Among the other notable geographic markets are Japan and Canada, forecasting growth of 11.8% and 11.5%, respectively, over the analysis period. Inside Europe, Germany growth of around 9.8% CAGR is forecast. More

MarketGlass™ platform
Our MarketGlass™ platform is a free, full-stack knowledge center that is customizable to meet the information needs of today’s busy business leader! This influencer-driven, interactive research platform is at the heart of our primary research activities and draws on unique perspectives from participating leaders worldwide. Features include – enterprise-wide peer-to-peer collaboration; previews of research programs relevant to your business; 3.4 million domain expert profiles; competitive company profiles; interactive research modules; customized reporting; monitor market trends; competition brands; create and publish blogs and podcasts using our primary and secondary content; track domain events worldwide; and much more. Customer companies have full insider access to the project data stacks. Currently used by over 67,000 domain experts worldwide.

Our platform is free for qualified executives and is accessible through our website www.StrategyR.com or through our just released mobile application iOS or Android

About Global Industry Analysts, Inc. & StrategyR™
Global Industry Analysts, Inc., (www.strategyr.com) is a leading market research publisher and the only influencer-led market research company in the world. GIA proudly serves more than 42,000 clients from 36 countries and has a reputation for accurately forecasting markets and industries for over 33 years.

CONTACTS:
Zak Ali
Director, Corporate Communications
Global Industry Analysts, Inc.
Phone: 1-408-528-9966
www.StrategyR.com
Email: ZA@StrategyR.com

LEFT
Join our expert panel
https://www.strategyr.com/Panelist.asp

Connect with us on LinkedIn
https://www.linkedin.com/company/global-industry-analysts-inc./

Follow us on Twitter
https://twitter.com/marketbytes

Journalists & Media
Info411@strategyr.com

decision

decision

View original content to download multimedia: https://www.prnewswire.com/news-releases/new-analysis-from-global-industry-analysts-reveals-steady-growth-for-precision-farming-software -with-the-market-to-reach-1-6-billion-worldwide-by-2026-301579515.html

SOURCE Global Industry Analysts, Inc.

Leave a Comment

%d bloggers like this: