Geographic Information System Software in Agriculture Market Share, Trends and Forecast 2032
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.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.
Some of the key factors driving the growth of the global Geographic Information System Software in Agriculture market include expanding R&D efforts to develop novel Geographic Information System Software in Agriculture products for a variety of applications and rising demand for mercury control technology for industrial air purification. The most recent data on the COVID-19 pandemic market condition is provided in the research. The investigation indicates that COVID-19 plays a vital role in the market's dynamically altered environment. The study carefully investigates how the pandemic has altered market dynamics and trends while also precisely analysing how the crisis has impacted the market as a whole.
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Effect of COVID-19 on the global market for Geographic Information System Software in Agriculture
The COVID-19 pandemic had a significant negative influence on the market for Geographic Information System Software in Agriculture in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Geographic Information System Software in Agriculture were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Geographic Information System Software in Agriculture in 2020. Additionally, demand for Geographic Information System Software in Agriculture decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.
Geographic Information System Software in Agriculture market : Competitive Landscape
The prominent players operating in the Geographic Information System Software in Agriculture market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Geographic Information System Software in Agriculture market .
Some of the prominent players operating in the market 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
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The research study examines historic data from 2018 and 2020 to draw forecasts until 2028. The timeline makes the report an invaluable resource for readers, investors, and stakeholders looking for key insights in readily accessible documents with the information presented in the form of tables, charts, and graphs.
Key questions answered in the report:
What will be the development pace of Geographic Information System Software in Agriculture market ?
What are the key factors driving the Global Geographic Information System Software in Agriculture market ?
Who are the key manufacturers in the market space?
What are the openings, hazards, and outline of the market?
What is sales, revenue, and price analysis of top manufacturers of Geographic Information System Software in Agriculture market ?
Who are the distributors, traders, and dealers of Geographic Information System Software in Agriculture market ?
What are the Geographic Information System Software in Agriculture market opportunities and threats faced by the vendors in the Global Geographic Information System Software in Agriculture industries?
What are deals, incomes, and value examinations by types and utilizations of the market?
What are deals, income, and value examinations by areas of enterprises?
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Segments Covered in this report are:
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 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 Request a customization of the report @ https://www.emergenresearch.com/request-for-customization/920
Regional Bifurcation of the Geographic Information System Software in Agriculture market Includes:
North America (U.S., Canada) Europe (U.K., 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 & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA) Directly Purchase Geographic Information System Software in Agriculture market Reports @ https://www.emergenresearch.com/select-license/920
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