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In the coming years, the global precision forestry market is expected to grow at a rapid rate. This is primarily due to the growing popularity of cut-to-length harvesting technology, which makes it easier to cut trees. Furthermore, growing demand for wood across various industry sectors is expected to propel the global precision forestry market forward. Precision forestry entails the use of cutting-edge technologies to complete time-consuming forestry tasks. Factors such as increased mechanisation of forestry operations, lower costs of advanced monitoring and surveillance technology, the demand for forestry products, and increased government support for the adoption of modern forestry techniques to combat illegal logging are expected to drive the global precision forestry market in the coming years. Precision forestry is the process of preparing, executing, and monitoring forest management practices and operations in order to enhance the quality of wood products, minimize waste, maximize profits, and protect the environment.