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Press Release

Oct 6, 2017 15:43 UTC

Forestry Software Market - Trends and Forecasts by Technavio

LONDON--(Business Wire)--Technavio’s latest report on the global forestry software market provides an analysis of the most important trends expected to impact the market outlook from 2017-2021. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

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Technavio has published a new report on the global forestry software market from 2017-2021. (Graphic ...

Technavio has published a new report on the global forestry software market from 2017-2021. (Graphic: Business Wire)

The global forestry software market will grow at a CAGR of over 22% during the forecast period. One of the major reasons for the market growth is the need to streamline forest operations like wood harvesting, silviculture, and forest improvement. Advances in technology have made it possible to better understand and utilize forest resources in a sustainable manner. The implementation of forestry software among forestry companies and departments has radically changed the science of forest management.

Amrita Choudhury, an industry expert in enterprise application sector, says, “In some countries such as the US and Canada, forest departments are required to submit regular formal reports on their activities and update their plans in response to the changing conditions and objectives. Forest departments that fail to comply with forest management plans face penalties, which leads to the increased adoption of forestry software.”

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The top three emerging trends driving the global forestry software market according to Technavio research analysts are:

  • Rise in demand for integrated forestry software solutions
  • Accessibility to mobile applications
  • Forest departments going environment-friendly

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Rise in demand for integrated forestry software solutions

End-users prefer vendors that provide integrated and converged software suites, as opting for different software may lead to integration issues. Integrated products and software suites from the same vendor have better integration ability and support other functions. As the increased complexity of network infrastructure has made integration an important buying criterion, solutions with better integration are finding higher adoption.

“Trimble provides integrated forest, land, and fiber management software solutions that enable forest product companies, timberland investors, forest landowners, and state and federal departments to improve their productivity, quality, and operations. There is likely to be a steep increase in the number of players offering SaaS-based forestry software that is compatible with the other applications,” according to Amrita.

Accessibility to mobile applications

The increasing use of mobile devices such as smartphones and tablets is encouraging the vendors to launch mobile apps or mobile-friendly websites. As mobile devices have become an integral part of everyday life, employees are increasingly using them to access forest health and to create a sustainable forest plan.

The growing use of mobile devices and smartphones for professional purposes is a key trend in the global forestry software market. Forestry consulting firms and forest landowners are increasingly focusing on adopting mobile forestry apps because they provide them the flexibility to access and share harvested timber data whenever and wherever needed.

Forest departments going environment-friendly

Forest departments are moving toward paperless offices, which have significantly improved the condition of our environment. The forest consulting firms are increasingly moving toward a paperless environment by making a big leap forward into improving the efficiency of their employees and the reduction of environmental impact. In response to economic pressure and global warming, forest department professionals are focusing on establishing green initiatives to cut expenses, reduce carbon footprint, and promote social responsibility.

The key vendors are as follows:

  • Baywood Technologies
  • Mason
  • Bruce & Girard
  • Silvacom
  • Trimble

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

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