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Global Farm Management Software Market – Industry Trends and Forecast to 2030

  • Semiconductors and Electronics
  • Upcoming Report
  • Oct 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Farm Management Software Market, By Agriculture Type (Precision Farming, Livestock Monitoring, Fish Farming, Smart Greenhouse Farming, Others), Delivery Model (Local/Web Based, Cloud Based), Service Provider (System Integrators, Managed Service Providers, Assisted Professional Service Providers, Connectivity Service Providers, Maintenance, Upgradation, and Support Service Providers), Application (Precision Farming, Livestock Monitoring, Fish Farming, Smart Greenhouse Farming, Others) - Industry Trends and Forecast to 2030.

 Farm Management Software Market

Farm Management Software Market Analysis and Size

Availability of high-speed internet connectivity, a rise in government investment for the adoption of modern agricultural techniques, and rising integration of smartphones with farm management software are expected to drive the global farm management software market. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.

Data Bridge Market Research analyses that the global farm management software market which was USD 2,402.00 million in 2022, is expected to reach USD 10,580.00 million by 2030, and is expected to undergo a CAGR of 16.2% during the forecast period of 2023 to 2030. “Precision farming” dominates the agriculture segment of the global farm management software market, as this farming uses technology to improve agricultural practices, resulting in greater efficiency and cost savings. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Farm Management Software Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Agriculture Type (Precision Farming, Livestock Monitoring, Fish Farming, Smart Greenhouse Farming, Others), Delivery Model (Local/Web Based, Cloud Based), Service Provider (System Integrators, Managed Service Providers, Assisted Professional Service Providers, Connectivity Service Providers, Maintenance, Upgradation, and Support Service Providers), Application (Precision Farming, Livestock Monitoring, Fish Farming, Smart Greenhouse Farming, Others)

Countries Covered

U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and Rest of Middle East and Africa

Market Players Covered

Grownetics, Inc. (U.S.), Auroras s.r.l. (Italy), Granular, Inc. (U.S.), TOPCON CORPORATION (Japan), The Climate Corporation (U.S.), Farmers Edge Inc (Canada), DICKEY-john. (U.S.), Conservis (U.S.), Ag Leader Technology. (U.S.), Raven Industries, Inc. (U.S.), Iteris, Inc. (U.S.), Reed Business Information Ltd (U.S.), AgJunction (Canada), Trimble Inc. (U.S.), Deere & Company. (U.S.), Mothive (U.S.), CropX inc. (U.S.), Ceres Imaging, Inc (U.S.), GAMAYA (Switzerland), AgriData Incorporated. (U.S.), AgEagle Aerial Systems Inc. (U.S.), and Aker Solutions (Norway)

Market Opportunities

  • Use of unmanned aerial vehicles or drones in agricultural farms
  • Use of modern technologies such as variable rate technology (VRT), and data management software
  • Integration of software with Internet of Things (IoT)

Market Definition

The farm management software is a technological system that is used by the farmers to provide them a holistic view of all farm activities and inputs. Farm management software facilitates in performing and managing many farm related activities and operations on real time basis.

Global Farm Management Software Market Dynamics

Drivers

  • Use of Modern Technologies in Agricultural Products

The use of modern technologies such as variable rate technology (VRT), data management software, mapping software, yield mapping software, and GPS in agricultural products are some of the major factors driving the growth of global farm management software market. These technologies improve land fertility and profitability, maximize productivity, reduce the cost of farming and facilitate sustainable agriculture.

  • Availability of Low Cost Sensors

The availability of various sensors such as load, temperature, and vibration accelerate the market growth. The on-going technological advancements in the semiconductor industry and intense competition among various manufacturers also drive the market growth.

Opportunity

  • Integration of Software with Internet of Things (IoT)

The integration of IoT devices and AI technology enables real time data analysis and automation. This connection improves decision making capabilities and opens the door to predictive analytics, resulting in more efficient and sustainable farming practices.

Restraints/Challenges

  • Data Breaches and Security Issues

Farmers frequently work with the sensitive and valuable data, such as crop yields, financial data and farm management plans. Data breaches and security flaws are major issues and farmers may be hesitant to accept the software solutions.

  • Lack of Education and Training

Many farmers, particularly those from older generations, may lack digital literacy and be adverse to new technology adoption. To overcome this difficulty, effective user education and training programmes are required and will be a restraint for the growth of market and will need a long run to overcome from this type of situation.

This global farm management software market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the global farm management software market contact the Data Bridge Market Research for an Analyst Brief, our team will help you make an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

  • In March 2021, DeLaval launched RC550 & RC700, a robot collector designed for solid floors. These products enhance cow comfort and hoof condition. These robots are capable of handling manure without using additional water due to their unique rotary manure intake system
  • In January 2021, John Deere added a new Work Planner feature to help farmers in streamlining their work setup experience. They assist operators work more quickly in the field, and provides farmers with a holistic tool to manage their farms

Global Farm Management Software Market Scope

The global farm management software market is segmented on the basis of agriculture type, delivery mode, service provider, and application. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Agriculture Type

  • Precision Farming
  • Livestock Monitoring
  • Fish Farming
  • Smart Greenhouse Farming

Delivery Model

Service Provider

  • System Integrators
  • Managed Service Providers
  • Farm Operation Services
  • Data Services
  • Analytics Services
  • Assisted Professional Service Providers
  • Supply Chain Management Services
  • Climate Information Services
  • Others
  • Connectivity Service Providers
  • Maintenance
  • Upgradation
  • Support Service Providers

Application

  • Precision Farming
  • Yield Monitoring
  • Field Mapping
  • Crop Scouting
  • Weather Tracking and Forecasting
  • Irrigation Management
  • Inventory Management
  • Farm Labor Management
  • Financial Management
  • Others
  • Livestock Monitoring
  • Feeding Management
  • Heat Stress Management
  • Milk Harvesting
  • Breeding Management
  • Animal Comfort Management
  • Behavior Monitoring and Management
  • Others
  • Fish Farming
  • Fish Tracking and Fleet Navigation
  • Feeding Management
  • Water Quality Management
  • Others
  • Smart Greenhouse Farming
  • Heating Ventilation and Air Conditioning Management
  • Yield Monitoring
  • Water and Fertilizer Management
  • Others

Global Farm Management Software Market Region Analysis/Insights

The global farm management software market is analysed and market size insights and trends are provided agriculture type, delivery mode, service provider, application as referenced above.

The countries covered in the global farm management software market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E., South Africa, Egypt, Israel, and Rest of Middle East and Africa

North America dominates the global farm management software market because of the prevalence of advanced IT infrastructure and quick adoption of modern technologies within the region.

Asia-Pacific is expected to witness significant growth in the global farm management software market during the forecasted period of 2023 to 2030, due to the increasing rate of digitization of the economies, rising applications of smart irrigation to conserve water and surging investments towards the development of IT infrastructure in this region.

The region section of the report also provides individual market-impacting factors and changes in regulation in the market domestically that impact the current and future trends of the market. Data points like downstream and upstream value chain analysis, technical trends, and Porter’s five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and the challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the region data.   

Competitive Landscape and Global Farm Management Software Market Share Analysis

The global farm management software market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to global farm management software market.

Some of the major players operating in the global farm management software market are:

  • Grownetics, Inc. (U.S.)
  • Auroras s.r.l. (Italy)
  • Granular, Inc. (U.S.)
  • TOPCON CORPORATION (Japan)
  • The Climate Corporation (U.S.)
  • Farmers Edge Inc (Canada)
  • DICKEY-john. (U.S.)
  • Conservis (U.S.)
  • Ag Leader Technology. (U.S.)
  • Raven Industries, Inc. (U.S.)
  • Iteris, Inc. (U.S.)
  • Reed Business Information Ltd (U.S.)
  • AgJunction (Canada)
  • Trimble Inc. (U.S.)
  • Deere & Company. (U.S.)
  • Mothive (U.S.)
  • CropX inc. (U.S.)
  • Ceres Imaging, Inc (U.S.)
  • GAMAYA (Switzerland)
  • AgriData Incorporated. (U.S.)
  • AgEagle Aerial Systems Inc. (U.S.)
  • Aker Solutions (Norway)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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Customization Available:

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.

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FREQUENTLY ASK QUESTIONS

The farm management software market size will be worth USD 10,580.00 million by 2030.
The growth rate of the farm management software market is 16.2% in the forecast period by 2030.
The use of modern technologies in agricultural products & availability of low-cost sensors are the growth drivers of the farm management software market.
Agriculture type, delivery mode, service provider, and application are the factors on which the farm management software market research is based.
Major companies in the farm management software market are Grownetics, Inc. (U.S.), Auroras s.r.l. (Italy), Granular, Inc. (U.S.), TOPCON CORPORATION (Japan), The Climate Corporation (U.S.), Farmers Edge Inc (Canada), DICKEY-john. (U.S.), Conservis (U.S.), Ag Leader Technology. (U.S.), Raven Industries, Inc. (U.S.), Iteris, Inc. (U.S.), Reed Business Information Ltd (U.S.), AgJunction (Canada), Trimble Inc. (U.S.), Deere & Company. (U.S.), Mothive (U.S.), CropX inc. (U.S.), Ceres Imaging, Inc (U.S.), GAMAYA (Switzerland), AgriData Incorporated. (U.S.), AgEagle Aerial Systems Inc. (U.S.), and Aker Solutions (Norway).
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