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The most exciting is to witness that, technological advancement is one of the major factors boosting the demand for the market. The ability to relate site-specific nutrient and irrigation management to suit temporally and spatially inconstant situations can surge application efficacies, decline environmental impacts, advances yields.
In effect, with the introduction of GPS (Global Positioning Systems), remote sensing (RS) and geographic information systems (GIS), farmers can now increase water management models as well as nutrient recommendation towards the site-specific situations of every field. For those who are unfamiliar, extensive variations in soil properties, nutrient and water availability happen across high number of fields.
According to Research and Markets, the global precision farming software market is expected to grow with the CAGR of approximately 14.5% during the forecast period, 2017 – 2023.