Asia Pacific Geographic Information System Software for Agriculture Market 2022: Industry Growth, Competitive Analysis, Future Prospects and Forecast 2027
Asia Pacific Geographic Information System Software for Agriculture Market 2022: Industry Growth, Competitive Analysis, Future Prospects and Forecast 2027
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According to MarkNtel Advisors study the Asia-Pacific Geographic Information System (GIS) Software for Agriculture Market is expected to grow at a CAGR of around 14% during the forecast period, i.e., 2022-27.
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Key Findings of the Study: Asia Pacific Geographic Information System Software for Agriculture market
Key Drivers: Adoption of Advanced Technologies to Increase Crop Production
The adoption of drones, light spectrum, etc., in the agriculture industry to boost crop production has significantly boosted the Asia-Pacific Geographic Information System (GIS) Software for Agriculture Market in the previous few years. The GIS software helps farmers monitor the condition of crops and predict the wind direction, soil types, rainfall amount required to assist crop management, etc. Hence, the rising integration of advanced technologies into conventional agricultural procedures, i.e., enabling enhanced crop production, would boost the Asia-Pacific Geographic Information System (GIS) Software for Agriculture Market in the coming years.
- In 2017, Ceinsys Tech Ltd conducted soil mapping in India covering an area of approximately 13000 sq. km to find the information related to nutrients & sub-nutrients, including pH content, nitrogen, soil moisture, etc.
- The same year, Sinochem launched Modern Agriculture Platform (MAP) with a crop monitoring app to offer a wide range of services to farmers & help them increase crop productivity.
Growth Challenge: Higher Installation Costs
The integration & implementation of multiple hardware and involvement of advanced technologies make the GIS software costly. Additionally, it requires trained professionals for its installation & data collection, which is another aspect that increases the overall cost of GIS software for farmers.
The region includes some primary agriculture-based economies of the world, such as India, China, Indonesia, Vietnam, etc., where numerous farmers can extract profits to sustain their expenditure. Thus, adopting such high-cost technologies is difficult for them and impacts the total revenue of the Geographic Information System (GIS) Software for Agriculture Market across Asia-Pacific.
For more detailed information about the Asia Pacific Geographic Information System Software for Agriculture market report, click here – https://www.marknteladvisors.com/research-library/asia-pacific-geographic-information-system-software-for-agriculture-market.html
Scope of the Report and Asia Pacific Geographic Information System Software for Agriculture Market Segmentation:
By Solution Type
- Cloud
- On-Premise
By Application
- Crop Monitoring
- Soil Analysis
- Irrigation Monitoring
- Others
Geographical Analysis:
By Country
- China
- Japan
- India
- Vietnam
- Thailand
- Indonesia
- Australia & New Zealand
- Rest of Asia Pacific
Of all countries in Asia-Pacific, India has captured a substantial market share in recent years, owing primarily to the mounting awareness about crop protection and the growing demand for solutions for unpredictable climatic conditions.
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