January 21, 2021
As per the report titled ‘Global Geographic Information Software (GIS) in Agriculture Market Analysis, 2020’, available with Market Study Report, global geographic information software (GIS) in agriculture market size is projected to expand at CAGR of 10% over 2020-2025.
According to the findings of the report, growing concerns among several governments regarding increasing food insecurity due to burgeoning population serves a major growth propellant for global geographic information software system (GIS) in agriculture market. Moreover, declining availability of agricultural land and labor due to rapid urbanization in both developed and developing nations is adding considerable traction to the industry expansion. Besides, soaring investments in GIS solution and rise in adoption rate of advanced technologies in farming are the other factors benefitting the market.
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Based on application spectrum, crop monitoring segment is pulling the global geographic information software (GIS) in agriculture market share from soil analysis, irrigation monitoring, and other applications. The growth and productivity of crops are a subject to several factors such as weather, genetic potential of crop cultivars, soil, and cultivation practices. This is where crop monitoring systems play an important role as they are utilized to forecast crop conditions and estimate crop production, which ultimately helps farmers in making well-informed decisions on price fixation, procurement, storage, transportation, and distribution.
Global geographic information software (GIS) in agriculture market is also studied in terms of solution segment, which is split into cloud and on-premise. Moreover, the report extensively elaborates on the geographical segmentation, including North America (US, Canada, Meixco), South America (Argentina, Brazil), Europe (UK, France, Spain, Italy, Germany), MEA (Israel, Kenya), and APAC (India, Japan, China, Australia and New Zealand, South Korea).
Key players influencing the global geographic information software (GIS) in agriculture market trends are Topcon Corp., Takor Group Ltd., SuperMap Software Co., Ltd., Pitney Bowes, Inc., Parrot SA, Oracle Corp., L3Harris Technologies, Inc., Hi-Target Navigation Technology Corp., Hexagon AB, Geosoft Inc., Environmental System Research Institute (ESRI), Earth Observing System (NASA), Computer Aided Development Corp., Autodesk Inc., and Trimble, Inc.