Cultivation Management Software - Market Scope
Cultivation management software helps farmers arrange, monitor, record, and analyze the trim generation of a cultivate and all other activities related to cultivation. The cultivation management Software is primarily designed to maximize yield and revenue related to crops. It helps with the information such as ideal planting plan, maintenance instructions, and environmental factors that could impact a given crop. It often offers predictive analytics highlights such as anticipated squander, abdicates measure, and productivity in connection to showcase values, which makes a difference farmers and producers make ideal choices throughout each growth cycle.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
Key Companies Profiled | Raven Industries (United States), Agrivi (United Kingdom), Cropio (Cyprus), Trimble (United States), Farmers Edge (Canada), Topcon Positioning System (United States), Ag Junction (Canada), Deere & Company (United States) and Granular Inc. (United States) |
CAGR | % |
The companies are exploring the market by adopting expansions, investments, and new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Cultivation Management Software - market throughout the predicted period.
Raven Industries (United States), Agrivi (United Kingdom), Cropio (Cyprus), Trimble (United States), Farmers Edge (Canada), Topcon Positioning System (United States), Ag Junction (Canada), Deere & Company (United States) and Granular Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are AG Leader Technology (United States), Iteris (United States) and CropX (Israel).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Cultivation Management Software - market by Type , by Application (Precision Farming, Aquaculture, Livestock Monitoring, Smart Greenhouses and Others) and Region with country level break-up.
On the basis of geography, the market of Cultivation Management Software - has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2022.
Market Leaders and their expansionary development strategies
In June 2021, CNH Industrial, announced that it has completed its acquisition of Raven Industries, Inc., a U.S.-based leader in precision agriculture technology. The acquisition builds upon a long partnership and is an important milestone in CNH Industrial's digital transformation.
In December 2022, Raven Industries Inc. debuted its Driverless Tillage Solution and Driver Assist Harvest Solution at CNH Industrial N.V.'s Tech Day last week in Phoenix. The systems are designed to support multiple stages of the cash-crop production cycle and make autonomy more accessible to farmers across seasons.
Influencing Trend:
Technological Advancement in Farming, Increasing R&D in Agricultural Field and Farm Labor Shortage and Decreasing Arable Land
Market Growth Drivers:
High Productivity Outcome and Higher ROI
Challenges:
Limited Technical Expertise and Covid-19 Impacts
Restraints:
Lack of Technical Knowledge among Farmers
Opportunities:
Advancement of Cutting-Edge Technologies such as Artificial Intelligence, IoT, and Hyperspectral Imaging
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Government Regulatory and Research Organizations and End-Use Industries