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Follow on Google News |  Precision Farming Software & Services Market worth $1.77 Billion by 2020The precision farming software & services market is expected to reach $1.77 billion by 2020, at a CAGR of 15.1% from 2014 and 2020.
By: marketsandmarkets Browse 76 market data tables and 81 figures spread through 174 pages and in-depth TOC on “Precision Farming Software & Services Market". http://www.marketsandmarkets.com/ Early buyers will receive 10% customization on this report. Download PDF Brochure @ http://www.marketsandmarkets.com/ 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. 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. 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 this 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.), AgJunction (U.S.), and CNH Industrial NV (U.K.). Scope of the report This research report categorizes the market on the basis of technologies, components, applications, and geography. It also covers the forecast revenue from 2014 to 2020 for the overall market, as well as, for all the segments covered in the report. On the basis of Technology The global market is segmented on the basis of technologies such as Global Positioning System (GPS), GIS, remote sensing and Variable Rate Technologies (VRT). On the basis of Components The global market is segmented on the basis of components that comprise control & automation systems, sensing & monitoring devices, and farm management systems. On the basis of Applications The global market is segmented on the basis of applications such as yield monitoring, variable rate application, soil monitoring, crop scouting, field mapping, and others. On the basis of geography The global market is segmented on the basis of major geographic regions such as Americas, Europe, Asia-Pacific, and ROW; and further segmented on the basis of the major countries in all these regions. Inquiry Before Buying @ http://www.marketsandmarkets.com/ 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. 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