Global Forestry Software Market
Global Forestry Software Market was valued at USD 1.25 billion in 2021 and is slated to reach at USD 3.78 billion by 2027 at a CAGR of 14.59 % from 2022-2027.
Forecasting, inventory management, harvesting, and contract administration are just a few of the duties that users of forestry software may manage in the forest business. The software helps businesses anticipate harvest volumes and allocate resources more effectively. Calendars can be created by users to plan operations and assign resources to projects involving lumber. Industry managers rarely use tools to help them follow rules and industry standards. Acceptance of forestry software makes it easier to manage forests by minimising manual paperwork and offering a streamlined system for handling all activities.
Market Drivers
A growing need for a new hybrid business model platform that can handle automated processes and old forest business operations on a single platform is anticipated to boost the market. In order to boost the effectiveness of software platforms, organisations are investing in technologies that incorporate big data technology. The market for forestry software is anticipated to grow as a result of this. The forestry software industry is being driven by the rising use of cloud-based applications and support software. Due to decreased operational expenses and infrastructure failures, cloud-based forestry software is becoming more and more popular among forestry enterprises. The need for purchasing and installing storage as well as computing hardware is removed with cloud-based forestry software.
The global market for forestry software is expanding as a result of the rising need for AI-based forestry, which is a major trend. Numerous industrial sectors, including forestry, where data gathering and analytics are essential for efficient operations and supply chain management, have been transformed by advances in artificial intelligence (AI) technology and research.
Market Restraints
Growth during the growth era may be hampered by a number of problems, including high financial costs and a lack of professional awareness and expertise among forest supervisors.
Impact of COVID-19
The Covid-19 epidemic is anticipated to have a negative impact on the worldwide forestry software market. Wood processing firms are lowering their investment in cutting-edge software and system solutions in order to preserve revenue during the pandemic. Some businesses have refrained from making any investments in cutting-edge business solutions and instruments due to the low return on investment in logging and wood processing operations. The market for forestry software solutions is declining during the Covid-19 lockout. However, it is anticipated to expand at a moderate rate over the projection period as a result of companies' greater reliance on digital platforms.
Market Segmentation
Global Forestry Software Market is segmented into Product Type, Application, & Technology. By Product Type such as On-Premises Forestry Software, Cloud-Based Forestry Software. By Application such as Forest Management, Logging Management, Mapwork Harvester, Inventory & Logistics Management, Other. By Technology such as Cut-to-Length, Geospatial, Fire Detection.
Regional Analysis
North America is anticipated to be the largest regional market for forestry software due to early adoption of cutting-edge technologies and digital platform solutions to lower operating costs and increase efficiency in wood processing industries. The market for forestry software in the Asia-Pacific is anticipated to grow quickly during the forecast period as a result of increased investments made by major players in the region's business solutions as well as improved awareness of the advantages of forestry software platforms.
Key Players
This report includes a list of numerous Key Players, namely A.G. Leader Technology Inc. (U.S.), AGCO Corporation (U.S.), AgJunction Inc. (Canada), AgEagle Aerial Systems, Inc. (U.S.), Valmont Industries Inc. (U.S.), Agsmart Pty Ltd (Australia), BouMatic (U.S.), CROPMETRICS (U.S.), CropX Inc. (Israel), Deere & Company (U.S.).
Market Taxonomy
By Product Type
• On-Premises Forestry Software
• Cloud-Based Forestry Software
By Technology
• Cut-to-Length
• Geospatial
• Fire Detection
By Application
• Forest Management
• Logging Management
• Mapwork Harvester
• Inventory & Logistics Management
• Other
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Forestry Software Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Forestry Software Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Forestry Software Market, By Product Type
5.1 Y-o-Y Growth Comparison, By Product Type
5.2 Global Forestry Software Market Share Analysis, By Product Type
5.3 Global Forestry Software Market Size and Forecast, By Product Type
5.3.1 On-Premises Forestry Software
5.3.2 Cloud-Based Forestry Software
6 Global Forestry Software Market, By Technology
6.1 Y-o-Y Growth Comparison, By Technology
6.2 Global Forestry Software Market Share Analysis, By Technology
6.3 Global Forestry Software Market Size and Forecast, By Technology
6.3.1 Cut-to-Length
6.3.2 Geospatial
6.3.3 Fire Detection
7 Global Forestry Software Market, By Application
7.1 Y-O-Y Growth Comparison, By Application
7.2 Global Forestry Software Market Share Analysis, By Application
7.3 Global Forestry Software Market Size and Forecast, By Application
7.3.1 Forest Management
7.3.2 Logging Management
7.3.3 Mapwork Harvester
7.3.4 Inventory & Logistics Management
7.3.5 Other
8 Global Forestry Software Market, By Region
8.1 Global Forestry Software Market Share Analysis, By Region
8.2 Global Forestry Software Market Share Analysis, By Region
8.3 Global Forestry Software Market Size and Forecast, By Region
9 North America Global Forestry Software Market Analysis and Forecast (2022-2027)
9.1 Introduction
9.2 North America Global Forestry Software Market Share Analysis, By Product Type
9.3 North America Global Forestry Software Market Size and Forecast, By Technology
9.4 North America Global Forestry Software Market Size and Forecast, By Application
9.5 North America Global Forestry Software Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10 Europe Global Forestry Software Market Analysis and Forecast (2022-2027)
10.1 Introduction
10.2 Europe Global Forestry Software Market Share Analysis, By Product Type
10.3 Europe Global Forestry Software Market Size and Forecast, By Technology
10.4 Europe Global Forestry Software Market Size and Forecast, By Application
10.5 Europe Global Forestry Software Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.5.4. Rest of Europe
11 Asia Pacific Global Forestry Software Market Analysis and Forecast (2022-2027)
11.1 Introduction
11.2 Asia Pacific Global Forestry Software Market Share Analysis, By Product Type
11.3 Asia Pacific Global Forestry Software Market Size and Forecast, By Technology
11.4 Asia Pacific Global Forestry Software Market Size and Forecast, By Application
11.5 Asia Pacific Global Forestry Software Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12 Latin America Global Forestry Software Market Analysis and Forecast (2022-2027)
12.1 Introduction
12.2 Latin America Global Forestry Software Market Share Analysis, By Product Type
12.3 Latin America Global Forestry Software Market Size and Forecast, By Technology
12.4 Latin America Global Forestry Software Market Size and Forecast, By Application
12.5 Latin America Global Forestry Software Market Size and Forecast, Country
12.5.1. Brazil
12.5.2. Rest of Latin America
13 Middle East Global Forestry Software Market Analysis and Forecast (2022-2027)
13.1 Introduction
13.2 Middle East Global Forestry Software Market Share Analysis, By Product Type
13.3 Middle East Global Forestry Software Market Size and Forecast, By Technology
13.4 Middle East Global Forestry Software Market Size and Forecast, By Application
13.5 Middle East Global Forestry Software Market Size and Forecast, By Country
13.5.1. Saudi Arabia
13.5.2. UAE
13.5.3. Egypt
13.5.4. Kuwait
13.5.5. South Africa
14 Competitive Analysis
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15 Company Profiles
15.1 A.G. Leader Technology Inc
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2. AGCO Corporation
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3. AgJunction Inc.
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4 AgEagle Aerial Systems, Inc
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5 Valmont Industries Inc
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6 Agsmart Pty Ltd
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7 BouMatic
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8 CROPMETRICS
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9 CropX Inc.
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10 Deere & Company
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
