Brandessence Market Research has published a new report title and According to the Study “Farm Management Software Market is valued at USD 1.18 Billion in 2017 and expected to reach USD 4.66 Billion by 2027 with a CAGR of 14.7% over the forecast period”.
Farm Management Software Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027. Demand in Innovative, Sustainability and Productive methods are key driving factors for the growth of Farm Management Software Market.
In order to keep farm productive and sustainable for long term, various methods and strategies are accepted globally by agriculturalists and farmers. These farm management techniques are effective in terms of cost, maintenance, crop protection, soil fertility, marketing, planning, energy efficiency and other related factors. In order to increase yield now farmers have shifted to digital agriculture which gave rise to farm management software. This integration of farming and software has assisted both farming and IT markets. The features of farm management software include data storage, crop monitoring & recording activities, and work & production schedule. Different farms have specific requirements; the management software can be customized according to the customer needs.
The COVID-19 has a long-term effect on different industry verticals with some positive and negative outcomes. Agriculture and Farming industry have great impact due to pandemic as system focuses on remote working. The labor work and maintenance were also widely affected due to the rising spread of deadly virus. Rising awareness about social distance and other important health related factors created opportunity to adopt for new farm management techniques by shifting to digital agriculture and integrating affordable solutions with better connectivity.
Global Farm Management Software Market report is segmented on the basis of Farming Types, Software Types, Application Type and Region & country level. Based upon Farming type, Global Farm Management Software market is classified as Precision Farming, Pisciculture Farming and Livestock Farming and others. On the basis of software types, market is classified as Cloud based and Local Based. The market is classified on the basis of Application type as Monitoring Crop Patterns, Weather Patterns, Livestock & Fishing Patterns and others.
By Farming Type:
By Software Type:
By Application Type:
The regions covered in this Global Farm Management Software Market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of Farm Management Software is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia, Africa, etc.
Some major key players for Global Farm Management Software Market are Granular, Agrivi, FarmERP, Timble, Conservis, Agriwebb, FarmLogs, Agworld and others.
News: V-4 Countries to look forward to Agri-tech productivity boost
February 5, 2021; Agriculturalists from V-4 of Poland, Slovakia, Hungary, and Czech Republic will be introduced to Agri-TechE innovators. The consortium is interested in developments like robots, drones, sensors, and farm management systems for urban and precision farming. These countries have combine agriculture field of around 26.6 million hectares opens opportunity for UK companies.
The major factors driving the growth of Global Farm Management Software Market is rising demand for Innovative, Sustainability and Productive methods for monitoring and collecting data in-field or off-field farming techniques. The collected data used for future references will be cost and time effective method and help the farmers to be prepared for planning related to equipment, weather patterns, crop rotations and more. These techniques are expected to drive the market growth in order to customize the software. Furthermore, increase in cloud computing as well as machine learning for real time data management is also expected to create demand for farm management software. Additionally, increase in food safety and rising concerns about sudden climate is expected to fuel the market growth. However, Lack of awareness about benefits of software systems, farmers are not able to perform best practices as they need professional guidance which can be a restraining factor in the market. On the other hand, adapting to the new trends in digital agriculture and creating awareness among the local farmers will open new opportunities in Farm Management Software Market.
North America is expected to dominate the Global Farm Management Software Market within the forecast period attributed to early adoption to technology and large number of software providers in this region. According to Granular, farm management Software Company, after their launch of granular insights it was reported that more than 15000 farmers adopted the tool in February 2020. Asia-Pacific region is also expected to grow as countries like China, India are the major agriculture players. In these countries maximum population depends on agriculture for living.
Report Analysis | Details |
---|---|
Historical data | 2015 - 2020 |
Forecast Period | 2021 - 2027 |
Market Size in 2020: | USD 1.18 Billion |
Base year considered | 2020 |
Forecast Period CAGR %: |
14.70 % |
Market Size Expected in 2027: | USD 4.66 Billion |
Tables, Charts & Figures: | 175 |
Pages | 200 |
Key Players/Companies | Granular, Agrivi, FarmERP, Timble, Conservis, Agriwebb, FarmLogs, Agworld and others |
Segments Covered | By Farming Type, By Software Type, By Application Type |
Regional Analysis | North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa |
North America
Europe
Asia-Pacific
Latin America
Middle East and Africa
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