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Precision Farming Software & Services Market Worth $1.77 Billion by 2020


News provided by

MarketsandMarkets

24 Apr, 2015, 14:30 BST

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DALLAS, April 24, 2015 /PRNewswire/ --

According to the new market research report on the "Precision Farming Software & Services Market by Software (Web & Cloud-based), Services (Consulting, Maintenance & Support, & Others), Hardware (Sensors, Guidance & Steering, GPS Devices, & Others), Application, & Geography - Analysis & Forecast to 2014 - 2020", published by MarketsandMarkets, The Precision Farming Software & Services Market is expected to reach $1.77 Billion by 2020, at a CAGR of 15.1% from 2014 and 2020.

Browse 76 market data Tables and 73 Figures spread through 177Pages and in-depth TOC on "Precision Farming Software & Services Market".

http://www.marketsandmarkets.com/Market-Reports/precision-farming-software-services-market-88781005.html

Early buyers will receive 10% customization on this report. 

Precision farming software & services are used for controlling various operations of the farm. They encompass precision farming software, associated services, and hardware components such as sensors, GPS/GNSS devices, and display devices. These solutions are used in various applications, such as in managing financials, labor management, and in crop management. The increasing number of technology-savvy farmers and the increasing demand for efficient precision farming solutions are playing a vital role for the growth of this market.

The report describes the market trends, drivers, and challenges with respect to the Precision Farming Software & Services Market and forecasts the market till 2020. This global report gives a detailed view of the market across the four geographies, namely the Americas, Europe, APAC, and RoW. The Americas and Europe were the largest regions in terms of the market value in 2014. APAC has been identified as the fastest-growing region, with India leading the way; whereas RoW is also among the major regions that are helping in the growth of this market. The report profiles the 10 most promising players in the precision farming software & services market.

Speak to Analyst @  http://www.marketsandmarkets.com/speaktoanalyst.asp?id=88781005

The competitive landscape of the market presents a very interesting picture wherein the market players from different blocks of the Precision Farming Software & Services Market value chain have come together to become a force to reckon with. The market is witnessing a large scale collaboration and partnership across the value chain with a number of tier 1 players around the globe.

The major players in Precision Farming Software & Services Market include Deere & Company (U.S.), Trimble Navigation, Ltd. (U.S.), Topcon Precision Agriculture (U.S.), SST Development Group, Inc. (U.S.), Monsanto Company (U.S.), Raven Industries, Inc. (U.S.), Dickey-John Corporation (U.S.), Ag Leader Technology (U.S.), Ag Junction (U.S.), and CNH Industrial NV (U.K.).

Browse Related Reports 

Precision Farming Market by Technology (GPS/GNSS, GIS, Remote Sensing & VRT), Components (Automation & Control, Sensors, FMS), Application (Yield Monitoring, VRA, Mapping, Soil Monitoring, Scouting) and Geography - Global Forecasts to 2020

http://www.marketsandmarkets.com/Market-Reports/precision-farming-market-1243.html

Mid and High Level Precision GPS Market by Type (Differential Grade and Survey Grade), Application (Precision Farming, Mining, Construction, Oil & Gas) and Geography - Global Forecast to 2020

http://www.marketsandmarkets.com/Market-Reports/mid-high-level-precision-gps-market-166948901.html

About MarketsandMarkets 

MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical info graphics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

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SOURCE MarketsandMarkets

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