
Report ID: SQMIG45E2333
Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to forestry software market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.
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Global Forestry Software Market size was valued at USD 1.3 billion in 2023 and is poised to grow from USD 1.43 billion in 2024 to USD 3.12 billion by 2032, growing at a CAGR of 10.2% during the forecast period (2025-2032).
The worldwide forestry software market is dominated by a combination of veteran companies and new start-ups, both contributing their share to the industry's future. Trimble Inc., for instance, expanded its CONNECTED FOREST portfolio, including top-of-the-line analytics in enhancing forest operation management. Remsoft, a Canadian Intelligent Planning solutions provider, offers services that optimize forest-to-mill decision-making and assist clients like Forico in achieving optimal harvest planning and wood flow management. These firms specialize in integrating cloud-based solutions and artificial intelligence-based solutions to offer real-time data analysis, enhance operation efficiency and sustainability for forestry operations. 'Assisi Software Corp', 'Caribou Software', 'Creative Information Systems, Inc.', 'Disprax Pty Ltd', 'Enfor Consultants Ltd.', 'Esri', 'Forest Metrix', 'Forestry Systems Inc.', 'Fountains Forestry', 'HALCO Software Systems'
Governments and private landowners, with increasingly global issues of climate change and biodiversity loss, are increasingly directed towards sustainable forest management. Forest software is leading the charge towards enhancing transparency, traceability, and sustainability decision-making according to international sustainable standards like FSC and PEFC. Software assists in mapping forest activities, tracking, planning, and foot printing to assist in mitigating environmental pressures. The growing imperative to end deforestation and achieve more optimal utilization of carbon stores is driving further investment in digital forest technology to enable ecological prediction, environmental monitoring, and long-term conservation planning.
Integration of AI and Remote Sensing Technologies: AI and Remote Sensing Technology Interplay: Forestry software becomes more empowered with artificial intelligence (AI) and remote sensing technologies such as drones, LiDAR, and satellite imagery. These technologies enable real-time tracking of forests, computerized data analysis, and predictive analytics for pest infestation, deforestation, and yield forecast. Interplay enhances accuracy, minimizes human intervention, and enables pre-emptive decisions. This is imperative especially because forest managers need to possess scalable, efficient means of taking care of long and complex forestry systems in a way as they also meet sustainability levels.
What makes North America the top market for Forestry Software in 2024?
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Report ID: SQMIG45E2333
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