Global GIS Software in Agriculture Market is expected to reach $4.06 billion by 2027 growing at a CAGR of 12.4% during 2019 to 2027.
Some of the key players profiled in the GIS Software in Agriculture Market include Autodesk, Inc., Computer Aided Development Corporation Ltd. (Cadcorp), Earth Observing System, Environmental System Research Institute (ESRI), Geosoft Inc., Hexagon AB, Hi-Target Surveying Instrument Co., Ltd, L3 Harris Technologies, Oracle Corporation, Parrot SA, Pitney Bowes Inc., SuperMap Software Co., Ltd., Takor Group Ltd, Topcon Corporation, and Trimble Inc.
Growing need for precision farming and favourable government initiatives and investments are the major factors propelling the market growth. However, high initial investment costs are hampering the market growth.
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Geographic information system is sometimes called “geological information system”. It is a specific and very important spatial information system. It is a technical system that manages, stores, estimates, analyzes, displays, and describes relevant geographical distribution data in the space of all or part of the earth’s surface (including the atmosphere), supported by computer hardware and software systems.
Based on the solution type, the on-cloud segment is going to have a lucrative growth during the forecast period. Factors such as technology maturation and widespread adoption of GIS software have contributed massively towards the growth of on-cloud GIS software solutions.
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By geography, Asia pacific is estimated to have a lucrative growth due to the increasing infrastructural growth in various countries in the region, GIS is expected to be used for smart city planning and urban development programs.
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Solution Types Covered:
• Crop Monitoring
• Irrigation Monitoring
• Soil Analysis
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
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