Market Definition:
GIS software in agriculture is used for precision farming and helps farmers increase crop productivity. It includes geomatics technology that enables farmers to map & forecast the present & future conditions of precipitation, weather conditions, including temperature & rainfall, crop outputs, etc. Additionally, Agriculture GIS software can analyze soil data & determine which crop would have been planted at which place and how to maintain soil nutrition.
With the gradual modernization of agriculture in countries like China, Japan, India, Australia, etc., the utilization of Geographic Information System (GIS) Software is growing manifold. Asia-Pacific can rightly be called the food basket of the world. Across the region, countries like China & India have more than 20% of the global cropland as of 2022. In addition, both countries hold the top two positions in the production of horticultural & agricultural crops. Hence, the modernization of agriculture in both countries becomes quite imperative to continue feeding humanity.
Market Insights:
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. The growth of the market is driven primarily by the increasing awareness about crop protection to achieve high crop yields owing to the rapidly increasing population. Moreover, various government initiatives & massive investments across the region to increase farmer income & quality of crops are other crucial factors driving the demand for GIS software in the agriculture sector. For instance:
| Report Coverage | Details |
|---|---|
| Study Period | Historical Data: 2017-20 |
| Base Year: 2021 | |
| Forecast Period: 2022-27 | |
| CAGR (2022-2027) | 14% |
| Country Covered | China, Japan, India, Vietnam, Thailand, Indonesia, Australia & New Zealand, Rest of Asia Pacific |
| Key Companies Profiled | Hexagon AB, Cisco, Topcon Corpration, Oracle Corporation, Ceinsys TECH Ltd, Environmental System Research Institute, Satpalda Geospatial Services, GeoMarvel, SuperMap Software Co., Ltd, Spatial Vision, AgriNet Solutions, Hi-Target Surveying Instrument Co., Ltd, SuperMap Software Co., Ltd, Takor Group Trimble |
| Unit Denominations | USD Million/Billion |
Moreover, technological advancements like real-time mapping, drones, etc., in the agriculture industry for high production of crops are continuously fueling the overall market growth across Asia-Pacific. GIS software provides information regarding crop development to farmers at the growing stage & enables them to implement timely intervention & ensure high crop production. It also includes information related to water availability, high temperature, nutrient deficiency, excessive chemicals, etc. Therefore, the demand for GIS technology in the agricultural sector has shown considerable growth in the past few years.
Impact of Covid-19 on the Asia-Pacific Geographic Information System (GIS) Software for Agriculture Market
The Covid-19 pandemic in 2020 had a decelerating effect on most industries across Asia-Pacific. However, the Asia-Pacific Geographic Information System (GIS) Software for Agriculture Market observed a dual impact. Initially, the market faced certain challenges like the hampered supply chain & shutdown of manufacturing industries that affected several sectors like aviation, aerospace, automotive, information technology, etc., which, in turn, resulted in reduced demand for GIS software.
The manufacturing & sales of new products came to a halt across the region since the pandemic disrupted the entire ecosystem across Asia-Pacific. Hence, the production suspension amidst the crisis and reduced demand had an unprecedented impact on GIS software sales. Meanwhile, during the pandemic, the utilization of GIS software by farmers & agriculturalists increased, but the sales of products showed stagnant growth.
Moreover, seeing a gradual improvement in the pandemic situation, governments across the region have uplifted the restrictions since 2021 and allowed the recommencement of all research operations. Currently, the market is on the track of regaining its usual pace & expects a boom in the years to come.
