United States Forestry Software Market Insights Forecasts to 2033

• The Market Size is growing at a CAGR of 18.4% from 2023 to 2033
• The U.S. Forestry Software Market Size is Expected to Hold a Significant Share by 2033

The U.S. Forestry Software Market Size is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 18.4% from 2023 to 2033.

Market Overview

Forestry software is used to manage tasks such as forecasting, inventory tracking, harvesting, and contract management for users in the forest industry. Forestry software enables businesses to accurately predict quantities that will be harvested and utilize resources more efficiently. Users can develop calendars to help manage their operations; additionally, equipment is often assigned to complete lumber related tasks. Many products also assist the management of regulations and best practices currently in place. Accepting of forestry software makes the management of forests manageable since most paperwork will be reduced and the ability to manage all other tasks in a single integrated method is assured. United States market trends in forestry software is growing at a high pace, as it adopts cloud-based forest management software in order to overcome the requirement for computing hardware. Increased usage through optimization and monitoring operations for improving forest supply chain operations of visibility increases the optimization and monitor operations in forest inventory management operations. These factors are most likely to drive significant opportunities for growth in the market.

Report Coverage

This research report categorizes the market for the US forestry software market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States forestry software market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the U.S. forestry software market.

Driving Factors

The growing need for a new hybrid business model platform to gain automated processes and legacy forest business operation on one platform is set to drive the market. Organizations are investing in tools that integrate big data technology to gain the efficiency of software platforms. This also boosts the growth of the United States forestry software market. Increased adoption of cloud-based software and support software is driving the United States forestry software market. Cloud-based forestry software has gained immense popularity among forestry organizations due to lower operational costs and infrastructure failures. Cloud-based forestry software eliminates all computing hardware requirements and procurement and installation of storage.

Restraining Factors

A large amount of financial expenses and the lack of experience and professional consciousness among the forest supervisors, will hinder growth of the United States forestry software market.

Market Segmentation

The US forestry software market share is classified into deployment and application.

• The cloud segment is expected to hold a significant market share through the forecast period.

The United States forestry software market is segmented by deployment into on-premise and cloud. Among these, the cloud segment is expected to hold a significant market share through the forecast period. This is attributed to the cloud-based software helps to centralize data plans and optimizes different aspects of forest management operations. GIS integration with cloud-driven forestry software maps and analyzes geospatial data, which thus helps in making better decisions for sustainable forest management.

• The forest management segment is expected to dominate the US market during the projected period.

Based on the application, the United States forestry software market is divided into forest management, logging management, mapwork harvester, inventory & logistics management, and others. Among these, the forest management segment is expected to dominate the US forestry software market during the projected period. This is attributed to it empowers professionals in the forestry sector to oversee, monitor, report, and analyze the condition of the forests. It facilitates mapping and analyzing vital inventory data for land use along with tracking and analyzing the changes in forests over time. It leads to making informed decisions on road construction logging and starting restoration initiatives to enhance efficiency.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United States forestry software market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• EOS Data Analytics, Inc.
• Trimble Inc.
• Silvacom FMS
• Hexcuity Limited
• REMSOFT
• Assisi Software Corp
• Bruce & Girard
• Raven Industries, Inc.
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In July 2023, Trimble has unveiled LIMS PRO, a cloud-hosted version of the company's popular Log Inventory and Management System (LIMS) used in managing sawmill raw material procurement. A log settlement solution based on cloud computing; LIMS PRO is designed to improve the operational visibility for mills. It is a log settlement solution that has made it possible for small- and medium-sized forest product companies to experience the productivity and growth benefits that only massive companies have enjoyed so far through the digitization of lumber supply chain workflows.

Market Segment

This study forecasts revenue at U.S., regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United States forestry software market based on the below-mentioned segments:

United States Forestry Software Market, By Deployment

• On-premise
• Cloud

United States Forestry Software Market, By Application

• Forest Management
• Logging Management
• Mapwork Harvester
• Inventory & Logistics Management
• Others