Description/Summery- Farm Management Software and Services Market analysis not only determines the attractiveness of the industry but also the evolving challenges and opportunities and their association with the weaknesses and strengths of prominent market leaders.
Meta Title - Farm Management Software and Services Market Size | Share | Trends | Growth | Industry Analysis 2027
Tags- Farm Management Software and Services Market Size, Farm Management Software and Services Market Share, Farm Management Software and Services Market Trends
Title- Farm Management Software and Services Market2021 Is Booming Across the Globe by Share, Size, Growth, Segments and Forecast to 2027
Content-
The global Farm Management Software and Services Market will be worth USD 3,015.5 million by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the growing focus of the farmers to increase farm efficiency and crop yield. Increasing research and development for the advancement of the farm management software and services is expected to make the technology more cost-effective and accessible for the farmers. The rising focus of the farmers towards precision farming and livestock monitoring is most likely to propel the demand for farm management software and services.
Rapid urbanization in the developing economies has resulted in the growth of smart greenhouses. Moreover, the implementation of the Internet of Things (IoT) based technologies in smart greenhouses has made them technologically more advanced as they eliminated human-intervention and made the process more cost-effective.
The latest industry intelligence research on the Farm Management Software and Services market offers a repository of valuable data on the size, share, and growth rate of the Farm Management Software and Services market for the forecast period, 2020 - 2027. Importantly, examination of various facets of the industry including but not limited to production volume, product sales, demand and supply assessment and forecast for the period, 2020 - 2027 aim at offering business owners a competitive edge over their rivals. The study further conducts a qualitative evaluation of various driving forces expected to shape the future of the industry during the estimated period.
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Key Highlights From The Report
In October 2019, Raven Industries announced to acquire majority ownership of the DOT autonomous platform. The acquisition will accelerate the development of precision agricultural technology from a semi to fully autonomous solution.
The precision farming segment held the largest market share of 35.3% in 2019. Increasing government initiatives to adopt modern agricultural techniques is expected to drive the growth of precision farming.
The cloud-based segment is forecasted to grow with the fastest CAGR of 14.6% over the forecast period. The cloud-based software solutions are increasingly adopted in the agricultural sector as they are easily accessible from mobile phones, tablets, or PCs.
The system integrators segment held the largest market share of the Farm Management Software and Services in 2019. Increasing adoption of advanced technologies by farmers in order to enhance farm efficiency is expected to drive the growth of the segment.
The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the increasing investments in the RD by the companies to produce agricultural robots and drones.
Key participants include Deere and Company, Trimble Inc, GEA Group, Raven Industries, Agjunction, Delaval, The Climate Corporation, Iteris, Inc., Conservis Corporation, and Topcon Positioning Systems, Inc., among others.
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Agriculture Type Outlook (Revenue, USD Million; 2017-2027)
Livestock Farming
Precision Farming
Smart Greenhouse farming
Fish Farming
Others
Delivery model Outlook (Revenue, USD Million; 2017-2027)
Cloud-based
Web-based
Service Provider Outlook (Revenue, USD Million; 2017-2027)
Managed Services
System Integrators
Assisted Professional Services
Maintenance support
Others
Regional Outlook (Revenue, USD Million; 2017-2027)
North America
Europe
Asia Pacific
Latin America
MEA
Table of Content
Chapter 1. Methodology Sources
1.1. Farm Management Software and Services Market Definition
1.2. Farm Management Software and Services Market Research Scope
1.3. Farm Management Software and Services Market Methodology
1.4. Farm Management Software and Services Market Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Farm Management Software and Services Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Farm Management Software and Services Market Segmentation Impact Analysis
Continued…
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