The global 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.
The report also offers details about market size, market share, revenue growth, and CAGR during the forecast period of 2021-2028. The report also offers key insights about top companies in the market along with a thorough SWOT analysis, Porter’s Five Forces analysis, and feasibility analysis to offer competitive edge to the readers. The report focuses on the recent trends, major challenges and opportunities, and limitations pertaining to the ongoing pandemic.
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The report also discusses the key players involved in the market such as 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.and others as well as new entrants in the market. It focuses on the recent mergers & acquisitions, joint ventures, collaborations, partnerships, licensing agreements, brand promotions, and product launches, among others. The report also provides details about the company overview, business expansion plans, product portfolio, manufacturing and production capacity, global market position, financial status, and consumer base.
The study finds that how on certain account threats and challenges can act as a roadblock for the business. A thorough evaluation of the Geographic Information System Software in Agriculture market in the light of macro-environment such as social, political, economical as well as technological environment add granularity to the overall research. In addition, the study produces real-time data on vital aspects including sales, profits, gross margin and growth prospects to show how going forward the business will witness a substantial upswing.
Further key findings from the report suggest
- 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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The report further segments the global Geographic Information System Software in Agriculture market on the basis of product types and applications and provides insights into key factors influencing the revenue growth of the segments.
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
Major Regions Covered in the Geographic Information System Software in Agriculture Market Report:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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Key Reasons to Buy This Report:
- The report presents a thorough examination of the Geographic Information System Software in Agriculture market, elaborating on its core segments. The report conducts historical and future assessments of the market dynamics and offers precise data in a well-organized order.
- The report evaluates the most prominent market growth potentials, dynamic market trends, driving factors, restraints, investment opportunities, and threats.
- The report is inclusive of an in-depth study of the industry variables, manufacturers’ value chain, sales volume, market share, competitive landscape, and effective business tactics.
- The report further identifies the key regions and segments dominating the market. These regions are foreseen to register fast-paced growth over the forecast duration.
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