"Yield monitoring application held the largest share of the precision farming software market in 2015"
Yield monitoring is the most widely used application in precision farming software, as this application plays a vital role in understanding the field variability and helps farmers in maximizing their yields. Soil monitoring is the major application of yield monitoring. Soil monitoring is used to detect soil parameters that are needed for an efficient yield production.
"Precision farming software market in Asia-Pacific expected to grow at the highest rate between 2016 and 2022"
Asia-Pacific (APAC) is one of the bright prospective markets in precision farming software. APAC has large farmlands and a high population growth rate. APAC has a huge regional spread which comprises countries such as China, Japan, India, Australia, South Korea, and Rest of APAC. Precision farming software market in APAC is in its initial stages of adoption and expected to grow at a double-digit rate between 2016 and 2022. Currently, the countries in the APAC region, specifically India, Australia, China, and Japan have the highest growth rate and highest share in the precision farming software market.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key experts. The breakup of the profiles of primary participants is as follows:
- By Company Type: Tier 1 – 55 %, Tier 2 – 20%, and Tier 3 –25%
- By Designation: C-Level Executives – 75% and Managers – 25%
- By Geography: Americas – 40%, Europe – 30%, APAC – 20%, and RoW – 10%
Companies that provide a range of customized solutions to customers are expected to emerge as the game changers.
The key players in the precision farming software market profiled in the report are as follows:
1. Deere & Company (U.S.)
2. Trimble, Inc. (U.S.)
3. AgJunction, Inc. (U.S.)
4. Raven Industries, Inc. (U.S.)
5. AG Leader Technology (U.S.)
6. SST Development Group, Inc. (U.S.)
7. DICKEY-john Corporation (U.S.)
8. Topcon Positioning Systems, Inc. (U.S.)
9. The Climate Corporation (U.S.)
10. Iteris, Inc. (U.S.)
11. Conservis Corp. (U.S.)
12. Farmers Edge, Inc. (Canada)
This report covers the precision farming software market based on delivery model, application, services, and geography. A detailed analysis of the key industry players has been done to provide insights into their business, products and services, and key strategies such as new product launches, mergers and acquisitions, partnerships, agreements, and collaborations associated with the precision farming market.
Key Benefits of Buying the Report
The report would help the market leaders or new entrants in the following ways:1. This report segments the overall market comprehensively and provides the closest approximations of the overall precision farming software market size and that of the subsegments across different applications and regions.2. The report helps stakeholders to understand the pulse of the market and provides them with information on the key drivers, restraints, challenges, and opportunities in the precision farming software market.3. This report would help stakeholders to understand their competitors better and gain more insights to enhance their position in the precision farming software market. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers and acquisitions in the precision farming software market.
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/precision-farming-software-market-by-delivery-model-application-service-provider-and-geography---global-forecast-to-2022-300404448.html