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The article cited AMA's "Global Agricultural Software Market Study" explored substantial growth in North America and CAGR of 16.0%. According to the report, Growing Implementation of Cloud Based Services
is one of the primary growth factors for the market. Rising Government Initiation towards Agriculture Development
is also expected to contribute significantly to the Agricultural Software market growth. Overall, Field Management
applications of Agricultural Software, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Delivery Model, such as On-Premise, is boosting the Agricultural Software market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Agricultural Software market identified that the demand is rising in many different parts of the world as "Increasing Demand of Software Applications in Smartphones
". Furthermore, some recent industry insights like "On 22nd November 2018, Lineage Grow Company Ltd. has acquired California-based Walnut Oaks, Agris farm. and On 20th March 2018, Granular, Agriculture Division of DowDuPont™ Software Business has announced that they have signed an agreement with the planet, a leading aerospace and data Analytics Company. This 3-year deal was established for worldwide satellite imagery data into Granular’s farm-management software suite – powering improved analytics tools that will help agriculturalists achieve risk and rise crops." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Agricultural Software market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Agricultural Software market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Agricultural Software market size is calculated using market estimation process, the Agricultural Software market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Agricultural Software market size has been validated using both top-down and bottom-up approaches.