DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "World Precision Farming Software & Services Market - Opportunities and Forecasts, 2014 - 2022" report to their offering.
Software & services increasingly are used by agriculturists and farmers worldwide for the purpose of the precision farming. They prove immensely helpful to farmers in efficiently planning and maintaining databases, resulting in enhanced farming productivity. Adoption of latest technological solutions, such as the GPS/GNSS technology and other similar sensing technology, display devices, result in streamlining the working mechanism of farmers and agriculturists.
Agricultural research organizations and concerned associations play a crucial role in the development of this market. The rapidly growing demand for food and agriculture by-products along with penetration of cloud computing technology is assisting farm data management are the factors that will boost the growth of the market. Furthermore, a consolidated IPR regime related to recent agricultural innovations and integration of mobile technology with different farming techniques are the key factors that will drive the growth of the market.
However, large capital investment, requirement of large space of land-holdings & field variability are the factors that will hinder the growth of the precision software & services market. The rise in unmanned vehicle application and very high speed internet connectivity are the factors that will offer ample growth opportunities in the precision farming software & services market. The effective management of voluminous amount of output data is a key market challenge.
Companies Mentioned:
- Deere & Company
- Trimble Navigation
- Topcon Precision Agriculture
- SST Development Group
- Monsanto Company
- Raven Industries
- Dickey-John Corporation
- Ag Leader Technology
- AgJunction
- CNH Industrial NV.
For more information about this report visit http://www.researchandmarkets.com/research/7zhd43/world_precision
