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The all-encompassing report on the Geographic Information System Software in Agriculture market projects the prospective growth of the industry. It gives and extensive analysis of the market size, share, demand, trends, gross revenue, total earnings to draw a forecast of the growth in the years 2021 to 2028. The study estimates the potential growth of the industry and the factors responsible for the expansion of the business. The study highlights the driving forces, restrains and hurdles for the growth of the market.

Geographic Information System (GIS) software in agriculture market size reached USD 4.04 Billion in 2020 and is expected to register a revenue CAGR of 12.8% during the forecast period, according to latest analysis by Emergen Research. Increasing awareness regarding risks due to food insecurity and increasing need for precision farming are key factors projected to support market revenue growth between 2021 and 2028. In addition, increasing demand for GIS software for real-time mapping will boost revenue growth of the market. Water availability and management are major issues in agriculture, and better real-time land data is important in solving this problem. GIS software provides a smart solution to the problem. Drones and satellite images can effectively manage and monitor soil and land conditions. GIS software entails use of Soil Moisture Ocean Salinity (SMOS), and monitors vegetation growth using Landsat imagery and Normalized Difference Vegetation Index (NDVI), and others, to analyse crop productivity, monitor drought conditions, and potential of flooding.

However, lack of skilled professionals to manage GIS software is a key factor expected to hamper market revenue growth to some extent during the forecast period. In addition, reluctance among some farmers, especially in developing economies, to continue to prefer traditional agriculture practices is expected to hamper market growth.

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It sheds light on the major companies that contribute significantly to the global sector. The report studies the presence of these companies in major geographical regions and their individual placement in the worldwide business. It helps in projecting the growth of Geographic Information System Software in Agriculture through the years and in predicting its expansion in the forecasted time span. The increase in the demand for the product is boosting the overall production to ensure a smooth functioning demand-supply chain.

Top Companies Operating in the Geographic Information System Software in Agriculture Market and Profiled in the Report are: Oracle Corporation, Hexagon AB, Autodesk Inc., Takor Group Ltd, Trimble Inc., Topcon Corporation, SuperMap Software Co. Ltd., Parrot SA, Earth Observing System (EOS) Data Analytics Inc., and Geosoft Inc.

The study aims to provide a forecast of the growth of the Geographic Information System Software in Agriculture market by examining the market size, share, demand, trends, and gross revenue of the industry. Further, it provides a competitive analysis and SWOT analysis.  The report segments the industry based on product type, application and end-use. It highlights the emerging trends as well as the novel technology that are visible in the market. The research offers a clear look at the trends observed in the market, the contributing factors, major stakeholders, key companies and prime areas that exhibit a potential for growth.

Key Highlights From the Report

On-cloud segment is expected to register a substantially rapid revenue CAGR during the forecast period due to increasing need for real-time geospatial data. On-cloud GIS software allows farmers and land managers to capture real-time data of the land directly from anywhere at any time.

Crop monitoring segment is expected to register a significantly robust revenue growth rate over the forecast period due to rising need for crop stress information. Crop stress information includes poor water availability, extreme temperatures, nutrient deficiency, uncontrolled use of chemicals, fungal and bacterial infections, and others.

Asia Pacific market is expected to register a considerably large revenue share over the forecast period due to robust presence of major market players providing GIS software such as Topcon Corporation and SuperMap Software Co. Ltd. among others in countries in the region.

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Emergen Research has segmented global GIS software in agriculture on the basis of deployment, application, and region:

Deployment Outlook (Revenue, USD Billion; 2018–2028)

On-premise

On-cloud

Application Outlook (Revenue, USD Billion; 2018–2028)

Crop Monitoring

Irrigation Monitoring

Soil Analysis

Others

The report on the Geographic Information System Software in Agriculture market employs both primary and secondary research to examine its import and export, demand and supply, consumption power, spending capacity and distribution channel worldwide. The report evaluates the market standing of key manufacturers and sheds light on the strategies they have adopted to stay competitive. The study also applies qualitative and quantitative methods to assess the annual and financial performance of the top vendors and insights from market leaders. Extensive coverage of the recent trends and developments including joint ventures, collaborations, investments, product launches and acquisitions and mergers constitute a substantial part of the research on the Geographic Information System Software in Agriculture market for the forecast period from 2021 to 2028.

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Regional Outlook (Revenue, USD Billion; 2018–2028)

North America

U.S.

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Spain

Benelux

Rest of Europe

Asia Pacific

China

India

Japan

South Korea

Rest of APAC

Latin America

Brazil

Rest of LATAM

Middle East & Africa

Saudi Arabia

UAE

South Africa

Turkey

Rest of MEA

The research provides answers to the following key questions:

What will be the growth rate of the Geographic Information System Software in Agriculture market for the forecast period, 2021 to 2028? What will be the market size and the share occupied by the prominent vendors by the estimated period?

What are challenges and threats faced by the prominent vendors operating in the Geographic Information System Software in Agriculture market?

Who are the prominent vendors and what has been their business strategy so far to maintain a competitive edge over their competitors?

What are the past, present and emerging trends likely to influence the growth rate of the Geographic Information System Software in Agriculture market for the forecast period, 2021 to 2028?

What are the opportunities prominent vendors can bank on to generate more profits during the estimated period?

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About Us:

At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting company with an exhaustive knowledge base of cutting-edge and potentially market-disrupting technologies that are predicted to become more prevalent in the coming decade.

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