Growing demand for GIS software for real-time mapping
VANCOUVER, BC, CANADA, Feb. 6, 2022 /EINPresswire.com/ — According to the latest report from Emergen Research. The global geographic information system (GIS) software in agriculture market size reached USD 4.04 billion in 2020 and is expected to register a CAGR of 12.8% during the forecast period. Rising awareness of risks due to food insecurity and growing need for precision agriculture are key factors that are expected to support the market revenue growth between 2021 and 2028. In addition, the growing demand for GIS software for mapping in real-time will drive market revenue growth. Water availability and management are major issues in agriculture, and better real-time land data is important to address this issue. GIS software provides a smart solution to the problem. Drones and satellite imagery can effectively manage and monitor soil and land conditions. The GIS software involves the use of Soil Moisture Salinity (SMOS) and monitors vegetation growth using Landsat imagery and Normalized Difference Vegetation Index (NDVI), and d others, to analyze crop productivity, monitor drought conditions and flood potential.
The report is formulated from extensive primary and secondary research and is organized to provide readers and businesses with a competitive edge over other players in the industry. The report sheds light on the finest details of the Geographic Information System Software in Agriculture industry regarding growth factors, opportunities and lucrative business prospects, regions exhibiting promising growth and forecast estimates up to in 2028.
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The cloud-based segment is expected to register a significantly rapid revenue CAGR over the forecast period owing to the growing need for real-time geospatial data. Cloud-based GIS software enables farmers and land managers to capture real-time land data directly from anywhere, anytime.
The crop monitoring segment is expected to register a significantly robust revenue growth rate over the forecast period owing to the growing need for crop stress information. Crop stress information includes low water availability, temperature extremes, nutrient deficiencies, uncontrolled use of chemicals, fungal and bacterial infections, etc.
The Asia-Pacific market is expected to register a significantly large revenue share over the forecast period owing to the strong presence of major market players providing GIS software such as Topcon Corporation and SuperMap Software Co. Ltd., among others, in the countries of the region.
The report also studies the leading companies of the Geographic Information System Software in Agriculture market along with the analysis of their business strategies, mergers and acquisitions activities, investment plans, product portfolio, status. financial position, their gross profit margin and their production and manufacturing capacities. Some of the players analyzed 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.
It focuses on recent mergers and 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 condition and business base. consumers.
The report further splits the Geographic Information System Software in Agriculture market into key segments such as types, applications, end-user industries, technologies, and key market regions. The report also throws light on the segment and region showing promising growth in the Geographic Information System Software Market.
Deployment Outlook (Revenue, USD Billion; 2018-2028)
On the site
On the cloud
Application Outlook (Revenue, USD Billion; 2018-2028)
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Understand the market size
The Geographic Information System Software in Agriculture market size is considered in terms of market share, total available market as well as available market served. Not only does the study present the combined revenue for a particular market, but also the market size for a specific geographic region. Analysis of percentage or total market size available based on product type, technology, regional restraints, and others forms an important part of the Geographic Information System Software in Agriculture report.
North America (USA, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
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It further offers comprehensive coverage of strategic alliances such as mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, among others. Key strategic alliances for product development and advancements are expected to enhance market growth in the future. The report also covers an in-depth analysis of key market competitors along with their growth strategies and business expansion plans.
Key questions answered by the report:
Which region is expected to dominate the market in the coming years?
What are the recent technological and product advancements in the market?
What are the key strategies adopted by the major players in the Geographic Information System Software in Agriculture market?
What are the major product types and applications of Geographic Information System Software in Agriculture industry?
What is the result of the SWOT analysis and Porter’s five forces analysis?
How is the Competitive Landscape of the Geographic Information System Software in Agriculture Market?
Who are the major players in the industry?
What is the growth rate of the industry in the coming years?
What will be the valuation of the Agriculture Geographic Information System Software Market by 2027?
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