Market Share of Agriculture Software Industry
The Agriculture Software Market is fragmented, and various companies compete on a regional scale to gain market share. Vendors in the market are expected to compete intensely to gain large-scale projects, but smaller vendors are expected to hold prominence over the market in local space. Major vendors that offer integrated products are expected to command a higher share of the adoption for their solutions due to the spread of their presence over the value chain and the ability to mitigate the risk.
- January 2023 - The Deere & Company announced the launch of ExactShot, a new sensor- and robotics-based system for applying fertilizer. Farmers can minimize the amount of starting fertilizer used during planting by more than 60%. Instead of administering a continuous flow of fertilizer to the whole row of seeds, the system employs sensors and robots to accurately distribute starting fertilizer onto the seeds as they are planted in the soil.
- December 2022 - Raven Industries Inc. launched its driverless tillage and driver assist harvest solutions at CNH Industrial NV's Tech Day. The system is designed to support multiple stages of the cash-crop production cycle and make autonomy more accessible to farmers across seasons.
Agriculture Software Market Leaders
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Trimble Inc.
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AGRIVI Ltd
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Oracle Corporation
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Conservis
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Farmbrite
*Disclaimer: Major Players sorted in no particular order
