NEW YORK, Nov. 22, 2017 /PRNewswire/ --

The Global Precision Farming Market is poised to grow strong during the forecast period 2017 to 2025.



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Some of the prominent trends that the market is witnessing include increasing environmental concerns and shift toward sustainable agriculture and penetration and expansion of mobile technologies and broadband usage.

Based on technology the market is categorized into variable rate technology (VRT), guidance system and remote sensing. Variable Rate Technology (VRT) segment is further sub segmented into sensor-based and map-based. Guidance System segment is further sub segmented into geographical information system (GIS) and global positioning system (GPS). Remote Sensing segment is further sub segmented into satellite sensing and handheld.

Depending on the application the market is segmented by crop scouting, irrigation management, yield monitoring, weather tracking & forecasting, field mapping, farm labor management, inventory management, financial management and other applications. Yield monitoring segment is further sub segmented into off-farm field monitoring and on-farm yield monitoring. Field Mapping segment is further sub segmented into drainage mapping and boundary mapping.

Based on component the market is categorized into software, hardware and services. Software segment is divided into cloud-based and local/web-based. Local/Web-Based segment is divided into sensing and monitoring devices and automation & control system. Services segment is divided into connectivity services, system integration and consulting, assisted professional services, managed services and maintenance and support services.

This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2014, 2015 revenue estimations are presented for 2016 and forecasts from 2017 till 2025. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.

This report provides data tables, includes charts and graphs for visual analysis.

Regional Analysis:
North America
- US
- Canada
- Mexico

Europe
- France
- Germany
- Italy
- Spain
- UK
- Rest of Europe

Asia Pacific
- China
- Japan
- India
- Australia
- New Zealand
- Rest of Asia Pacific

Middle East
- Saudi Arabia
- UAE
- Rest of Middle East

Latin America
- Argentina
- Brazil
- Rest of Latin America

Rest of the World
- South Africa
- Others

Report Highlights:
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2025, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2025
- Market opportunities and recommendations for new investments

Read the full report: https://www.reportlinker.com/p04041538

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