Farm Management Software Market: Global Industry Analysis and Forecast (2023-2029)

Farm Management Software Market size was valued at US$ 2.40 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 14.7% through 2023 to 2029, reaching nearly US$ 6.29 Bn.

Global Farm Management Software Market Overview:

During the forecast period 2023-2029, the Farm Management Software Market is expected to grow rapidly at a CAGR of 14.7%. Farm management software gives farmers a comprehensive picture of all farm activities and inputs through a single platform, allowing them to plan efficiently, track activities in real time, and make the best decisions possible. The Precision Farming, precision Livestock, precision Aquaculture, the precision Forestry, and Smart Greenhouses are some of the applications of the farm management software market.Farm Management Software MarketTo know about the Research Methodology:-Request Free Sample Report

Farm Management Software Market Dynamics:

Driving Factor The rising agricultural activities and growing requirement for real-time data for decision-making are driving the growth of the farm management software market. Precision farming, livestock monitoring, fish farming, and smart greenhouse practises are all examples of where artificial intelligence and machine learning are becoming common technology. To streamline the farm management process, they manage the data transmitted between hardware equipment and individuals. Understanding the environment through evaluating data provided by various farm management equipment such as global positioning systems (GPS), satellite imagery, and in-field sensors is a primary focus in the farm management framework. In agriculture, data management is critical since management choices are dependent on real-time data analysis obtained from agricultural activities. Machine learning and artificial intelligence have enabled real-time data access, which has simplified data management processes like planning, purchasing, feeding, harvesting, marketing, and inventory control. The real-time data collected from agricultural farms facilitates analysis and decision-making. Restraining Factor Some farmers have difficulty understanding the process of using farm management software, agricultural data handling, and its use in decision-making, which acts as a significant barrier to the market's growth. Farm management software solutions are used to analyse real-time data from various farming activities in order to boost earnings and cut losses. The usage of farm management software solutions in agriculture management necessitates technical competence. In order to use this tools effectively, the farmer or grower must have a thorough understanding of the process. Despite having the financial means to install these devices, farmers are unable to use them due to a lack of technical knowledge. To lessen the impact, many governments and market actors are offering farmers with training and counselling on how to use these systems effectively. As a result of the current strong influence of this aspect, the majority of farmers are hesitant to embrace farm management software. Because significant market participants are stepping forward to provide training, consultation, and guiding sessions to farmers and enhance their confidence in using farm management software, the influence of this restricting factor is expected to diminish in the forecast period.

Farm Management Software Market Segment Analysis:

The Farm Management Software Market is segmented by Offering, Application, Farm Size, and Farm Production Planning. Based on the Application, the market is segmented into Precision Farming, precision Livestock, The precision Aquaculture, precision Forestry, Smart Greenhouses, and Others. The precision Aquaculture segment is expected to hold the largest market shares of xx% by 2029. Farm management software for precision aquaculture is growing in response to the growing demand for protein-rich aqua food. Additionally, in order to promote the production of various types of fish, the appropriate amount of nutrients must be supplied to them. As a result, to boost fish productivity, fish farmers are increasingly employing farm management software for feeding management. Farm management software for precision aquaculture applications is expected to grow as a result of these factors. Based on the Offering, the market is segmented into On-Cloud, On-Premise, and Data Analytics Services. Data Analytics Services segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2023-2029. The growing demand for real-time data management via cloud computing, government support to encourage the adoption of contemporary agricultural techniques, and increased usage of agriculture software to maintain farm efficiencies are all contributing to the market's growth. Farm Management Software Market 1

Farm Management Software Market Regional Insights:

North America region is expected to dominate the Farm Management Software market during the forecast period 2023-2029. North America region is expected to hold the largest market shares of xx% by 2029. In wealthy countries, larger farms and greater farmer awareness lead to faster adoption of contemporary technologies than in poor countries. As a result, North America is the largest market for farm management software solutions. Companies such as Deere & Company, for example, provide software to operate agricultural equipment including tractors, allowing farmers to perform precision farming. The United States has been at the forefront of applying precision technology to farming operations for many years. Large-holding farms are more likely to use smart agriculture technologies and software, according to a report by the US Department of Agriculture's Economic Research Service. Asia Pacific region is expected to grow rapidly at a CAGR of xx% during the forecast period 2023-2029. Farm management software is still a new technology in many countries in the region; therefore the industry in Asia Pacific has a lot of room to develop. Farmers are embracing farm management software solutions and other modern agricultural methods in precision agriculture, livestock monitoring, and aquaculture farms as a result of the rapid increase in population and the resulting requirement to meet the increasing demand for agricultural products. The objective of the report is to present a comprehensive analysis of the Global Farm Management Software Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Global Farm Management Software Market dynamic, structure by analyzing the market segments and project the Global market size. Clear representation of competitive analysis of key players by Platform, price, financial position, product portfolio, growth strategies, and regional presence in the Global Farm Management Software Market make the report investor’s guide.

Farm Management Software Market Scope: Inquire before buying

Farm Management Software Market
Report Coverage Details
Base Year: 2022 Forecast Period: 2023-2029
Historical Data: 2018 to 2022 Market Size in 2022: US $ 2.40 Bn.
Forecast Period 2023 to 2029 CAGR: 14.7% Market Size in 2029: US $ 6.29 Bn.
Segments Covered: by Offering On-Cloud On-Premise Data Analytics Services
by Application Precision Farming Precision Livestock The Precision Aquaculture Precision Forestry Smart Greenhouses Others
by Farm Size Large Medium-Sized Small
by Farm Production Planning Production Planning Pre-Production Planning Post-Production Planning

Farm Management Software Market, by Region

North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)

Farm Management Software Market, Key Players are:

1.Trimble (US) 2.Raven Industries (US) 3.Topcon Positioning Systems (US) 4.Granular Inc., A Corteva Agriscience Company (US) 5.Agrivi (UK) 6.AgJunction (US) 7.Farmers Edge (Canada) 8.Agworld (US) 9.Deere & Company (US) 10.IBM Corporation (US) 11.SST Development Group (US) 12.The Climate Corporation (US) 13.Microsoft Corporation (US) 14.Afimilk (Israel) 15.Iteris (US) 16.GEA Farm Technologies (Ukraine) 17.CropX (Israel) 18.Conservis (US) 19.Cropio (Ukraine) 20.CropIn (India) Frequently Asked Questions: 1. Which region has the largest share in Global Farm Management Software Market? Ans: North America region held the highest share in 2022. 2. What is the growth rate of Global Farm Management Software Market? Ans: The Global market is growing at a CAGR of 14.7% during forecasting period 2023-2029. 3. What is scope of the Global Farm Management Software Market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Farm Management Software Market? Ans: The important key players in the Global market are – Trimble (US), Raven Industries (US), Topcon Positioning Systems (US), Granular Inc., A Corteva Agriscience Company (US), Agrivi (UK), AgJunction (US), Farmers Edge (Canada), Agworld (US), Deere & Company (US), IBM Corporation (US), SST Development Group (US), The Climate Corporation (US), Microsoft Corporation (US), Afimilk (Israel), Iteris (US), GEA Farm Technologies (Ukraine), CropX (Israel), Conservis (US), Cropio (Ukraine), CropIn (India), and 5. What is the study period of this Market? Ans: The Global Farm Management Software Market is studied from 2022 to 2029.
1. Farm Management Software Market: Research Methodology 2. Farm Management Software Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Farm Management Software Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Farm Management Software Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Farm Management Software Market Segmentation 4.1 Farm Management Software Market, by Offering (2022-2029) • On-Cloud • On-Premise • Data Analytics Services 4.2 Farm Management Software Market, by Application (2022-2029) • Precision Farming • Precision Livestock • Precision Aquaculture • Precision Forestry • Smart Greenhouses • Others 4.3 Farm Management Software Market, by Farm Size (2022-2029) • Large • Medium-Sized • Small 4.4 Farm Management Software Market, by Farm Production Planning (2022-2029) • Production Planning • Pre-Production Planning • Post-Production Planning 5. North America Farm Management Software Market (2022-2029) 5.1 North America Farm Management Software Market, by Offering (2022-2029) • On-Cloud • On-Premise • Data Analytics Services 5.2 North America Farm Management Software Market, by Application (2022-2029) • Precision Farming • Precision Livestock • Precision Aquaculture • Precision Forestry • Smart Greenhouses • Others 5.3 North America Farm Management Software Market, by Farm Size (2022-2029) • Large • Medium-Sized • Small 5.4 North America Farm Management Software Market, by Farm Production Planning (2022-2029) • Production Planning • Pre-Production Planning • Post-Production Planning 5.5 North America Farm Management Software Market, by Country (2022-2029) • United States • Canada • Mexico 6. Europe Farm Management Software Market (2022-2029) 6.1. Europe Farm Management Software Market, by Offering (2022-2029) 6.2. Europe Farm Management Software Market, by Application (2022-2029) 6.3. Europe Farm Management Software Market, by Farm Size (2022-2029) 6.4. Europe Farm Management Software Market, by Farm Production Planning (2022-2029) 6.5. Europe Farm Management Software Market, by Country (2022-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Farm Management Software Market (2022-2029) 7.1. Asia Pacific Farm Management Software Market, by Offering (2022-2029) 7.2. Asia Pacific Farm Management Software Market, by Application (2022-2029) 7.3. Asia Pacific Farm Management Software Market, by Farm Size (2022-2029) 7.4. Asia Pacific Farm Management Software Market, by Farm Production Planning (2022-2029) 7.5. Asia Pacific Farm Management Software Market, by Country (2022-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. South America Farm Management Software Market (2022-2029) 8.1. South America Farm Management Software Market, by Offering (2022-2029) 8.2. South America Farm Management Software Market, by Application (2022-2029) 8.3. South America Farm Management Software Market, by Farm Size (2022-2029) 8.4. South America Farm Management Software Market, by Farm Production Planning (2022-2029) 8.5. South America Farm Management Software Market, by Country (2022-2029) • Brazil • Argentina • Rest Of South America 9. Middle East and Africa Farm Management Software Market (2022-2029) 9.1 Middle East and Africa Farm Management Software Market, by Offering (2022-2029) 9.2. Middle East and Africa Farm Management Software Market, by Application (2022-2029) 9.3. Middle East and Africa Farm Management Software Market, by Farm Size (2022-2029) 9.4. Middle East and Africa Farm Management Software Market, by Farm Production Planning (2022-2029) 9.5. Middle East and Africa Farm Management Software Market, by Country (2022-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 10. Company Profile: Key players 10.1. Trimble (US) 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Raven Industries (US) 10.3. Topcon Positioning Systems (US) 10.4. Granular Inc., A Corteva Agriscience Company (US) 10.5. Agrivi (UK) 10.6. AgJunction (US) 10.7. Farmers Edge (Canada) 10.8. Agworld (US) 10.9. Deere & Company (US) 10.10. IBM Corporation (US) 10.11. SST Development Group (US) 10.12. The Climate Corporation (US) 10.13. Microsoft Corporation (US) 10.14. Afimilk (Israel) 10.15. Iteris (US) 10.16. GEA Farm Technologies (Ukraine) 10.17. CropX (Israel) 10.18. Conservis (US) 10.19. Cropio (Ukraine) 10.20. CropIn (India)
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