Source: WhaTech

The precision farming software and services market report analyzes the key trends in the market on the basis of the demand in different applications of agriculture,such as crop management, financial management, farm inventory management, personnel management and weather tracking and forecasting. The report provides an in-depth analysis of various developments in this market, along with the key market trends.

The market of precision farming software and services has also been segmented on the basis of different types of hardware components which are being integrated with the software, which include sensors, GPS/GNSS devices, guidance and steering and display devices. The market also covers the market ranking of the key industry players present in the market.

The market size of the precision farming software & services market, in terms of value,estimated in this report is provided from 2014-20. The report gives an overview of the major geographic regions in the precision farming software & services,such as the Americas, Europe, APAC and RoW. The report also discusses the recent developments in the market and the impact analysis of the market dynamics.

The penetration of the precision farming software and services market in the emerging applications of precision agriculture has been tremendous. They are being used for controlling various functions, such as crop management, financial management, labor management and for managing various farm operational activities.

One of the major reasons for the high demand of precision farming software and services is the increasing usage of information technology solutions by the young generation of farmers.The major market for the precision farming software and services lies in the American and European countries,such as the U.S.,Canada, France and Germany. However, the APAC and RoW regions are estimated to have high growth rates with the increasing adoption rate of precision farming solutions in countries such as Australia, China and Japan.