Global Forestry Software Market 2017-2021
About Forestry Software
Forestry software combines collection, communication, and analyzing of real-time information throughout the forestry business. The software enables the end-users to make smarter decisions at every step of the process, from land acquisition to delivery. Furthermore, it helps manage harvesting operations, production, and sales of lumber to domestic and international markets. Forestry software offers multi-user database applications that manage all the core business functions of harvest management contracts, forecasting, inventory, sales, and invoicing.
Technavio’s analysts forecast the global forestry software market to grow at a CAGR of 22.27% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global forestry software market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Forestry Software Market 2017-2021
Technavio recognizes the following companies as the key players in the global forestry software market: Baywood Technologies, Mason, Bruce & Girard, Silvacom, and Trimble.
Other Prominent Vendors in the market are: Assisi Software, ATLAS Technology, Creative Information Systems, Davey Resource Group (DRG), Esri, Field Data Solutions, Forest Metrix, INFLOR, Plan-itGEO, Remsoft, TimberSmart, and TreeTracker.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is rise in demand for integrated forestry software solutions. End-users prefer vendors that provide integrated and converged software suites as opting for different software may lead to integration issues. Integrated products and software suites from the same vendor have better integration ability and support other functions.”
According to the report, one driver in the market is increasing adoption of customer-centric pricing strategies. To thrive in a competitive market environment, the software vendors are adopting customer-centric pricing strategies that are enabled by advances in technology. A number of vendors in the forestry software market are focusing on providing value-based pricing models depending on the customers' needs and value perception. The pricing of the software is based on the differentiating features of the software solutions and the value-added features provided to the customers.
Further, the report states that one challenge in the market is high implementation and maintenance costs. The high cost of deploying on-premises forestry software is one of the major challenges in the market. The price of forestry software includes the cost of implementation, training, maintenance, software licensing, system design, and customization. Apart from software licensing, forest departments and consulting firms also need to invest in the proper implementation of the software and training for the employees to use the software application. Post implementation, the software requires continuous upgrading to keep up with the market trends.
Baywood Technologies, Mason, Bruce & Girard, Silvacom, and Trimble, Assisi Software, ATLAS Technology, Creative Information Systems, Davey Resource Group (DRG), Esri, Field Data Solutions, Forest Metrix, INFLOR, Plan-itGEO, Remsoft, TimberSmart, and TreeTracker.