Data Bridge Market Research completed a qualitative study titled "Asia-Pacific Digital Farming Software Market" with 100+ market data tables, pie charts, graphs, and figures spread across Pages and an easy-to-grasp full analysis. A significant Asia-Pacific Digital Farming Software Market research report emphasizes key market dynamics of the Asia-Pacific Digital Farming Software industry and covers historic data, present market trends, environment, technological innovation, upcoming technologies, and the technical progress in the related industry. Global market analysis report proves to be a precious source of information with which businesses can achieve a telescopic view of the current market trends, consumer demands and preferences, market situations, opportunities, and market status. To build a Asia-Pacific Digital Farming Software business report, a detailed market analysis has been performed with inputs from industry experts. All the data, figures, and information is backed up by well-recognized analysis tools which include the SWOT analysis and Porter’s Five Forces analysis.
The digital farming software market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 13.4% in the forecast period of 2021 to 2028 and is expected to reach USD 2,000.03 million by 2028. Increasing demand for digital farming software is acting as major factor for the growth of the digital farming software market.
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Digital Farming Software Market Scope and Market Size
The digital farming software market is segmented on the basis of component, technology and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of component, the digital farming software market is segmented into software and services. In 2021, software segment held larger share in the market owing to factors such as increasing agriculture productivity, growing demand for real-time data management, surging adoption of advance agriculture techniques, vast implementation of precision farming software, focus toward maximum yield production, gathering necessary information about weather conditions and others.
- On the basis of technology, the digital farming software market has been segmented into remote sensing, guidance technology, variable rate technology, machine learning, wireless connectivity and others. In 2021, remote sensing segment held the largest share in the market as it supports in detection of crop water stress, classification of crop species, monitoring of weeds and crop diseases and mapping of crop yield.
- On the basis of application, the digital farming software market has been segmented into drone analytics, precision farming, agriculture robots, livestock monitoring, greenhouse management, supply chain management, financial management and others. In 2021, precision farming segment held the largest share in the market mainly due to the factors such as farmers’ inclination toward making better food produce and fetch good price, need for improvisation in yield and optimum utilization of available scarce resources.
Asia-Pacific Digital Farming Software Market Country Level Analysis
The countries covered in the Asia-Pacific digital farming software market report are the China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines and rest of Asia-Pacific.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of Asia-Pacific brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Competitive Landscape and Digital Farming Software Market Share Analysis
The major players covered in the Asia-Pacific digital farming software market report are Bayer AG, CropX inc., NETAFIM (a subsidiary Of Orbia), Ag Leader Technology, Accenture, Infosys Limited, Yara, Trimble Inc., DJI, Pix4D SA, BASF SE, AGCO Corporation, Deere & Company and Topcon among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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