The Future of the Global Forestry Software Market (2019-2023): Projecting a CAGR of Over 22%

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May 13, 2019, 08:15 ET

DUBLIN, May 13, 2019 /PRNewswire/ -- The "Global Forestry Software Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The forestry software market will register a CAGR of over 22% by 2023.

The digitalization of forest operations is one of the key factors expected to trigger growth

Forestry companies are increasingly adopting interfaces for digitalizing communication platforms, service channels, and trading tools. In addition, digital technologies are enabling companies in the forestry sector for integrating intelligent forestry management and harvesting. As a result, the adoption of remote sensing and satellite imagery technologies in forestry operations will provide accurate measurement and inventory forecasts based on harvest tracking, resulting, in the overall growth of the market.

Adoption of automated forestry management

The adoption of automated forestry software enables to explore new opportunities and establish hybrid or new business models integrated with both legacy and automated business processes. This will drive the growth of the market during the forecast period.

Stringent government regulations for forestry management

The forestry industry is highly regulated, which restricts the number of forestry companies establishing businesses, resulting in the saturation of the customer base of forestry software vendors.

Competitive Landscape

The market appears to be moderately fragmented with the presence of several market players. Forestry companies are focusing on using the forestry software and AI features in simplifying routine field activities, developing methods to reduce human errors, and investment appraisals.

This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Players

  • Mason, Bruce & Girard Inc.
  • Remsoft
  • Silvacom Ltd.
  • Topcon Positioning Systems Inc.
  • Trimble Inc.

Topics Covered

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

PART 06: MARKET SEGMENTATION BY TYPE

  • Comparison by type
  • On-premise forestry software - Market size and forecast 2018-2023
  • Cloud-based forestry software - Market size and forecast 2018-2023
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • APAC - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

PART 11: MARKET TRENDS

  • Increasing demand for AI-based forestry
  • Rising adoption of big data in forestry
  • Advances of mobile technology in forestry

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Mason, Bruce & Girard Inc.
  • Remsoft
  • Silvacom Ltd.
  • Topcon Positioning Systems Inc.
  • Trimble Inc.

For more information about this report visit https://www.researchandmarkets.com/r/il6n4w

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