Farm Management Software Global Market Overview:
The global farm management software market is growing with the rapid pace is mainly due to increasing demand for organic food among consumers and growing usage of cloud computing in real-time farm data management. According to a recent study report published by the Market Research Future, The global market of farm management software is expected to gain prominence over the forecast period.
The market is projected to demonstrate a spectacular growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the anticipated period 2017-2023.
Major Key Players:
AG Junction, Inc. (U.S.), Raven Industries, Inc. (U.S.), Iteris, Inc. (U.S.), Deere & Company (U.S.), SST Development Group, Inc. (U.S.), Trimble Inc. (U.S.), Dickey-John Corporation (U.S.), AG Leader Technology Inc. (U.S.), Topcon Positioning Systems, Inc.(U.S.) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Farm Management Software Market
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Feb 15, 2018 – Syngenta has acquired FarmShots, Inc. a company Carolina-based innovator of high-resolution satellite imagery that detects plant health by analysing absorbed light from field images. With this acquisition, Syngenta is providing services to the farmers, agronomists and retailers to overcome with the issue related to emergence, crop diseases, poor plant nutrition, insect feeding, weeds, planter skips, other pests and environmental damage.
Feb 28, 2018- Frenchman Valley Coop has went into partnership with Agribotix, a leader in drone-enabled agricultural intelligence. With this partnership, company is planning to provide help to the farmers by providing depth look on crop and fertilizers performance and increasing popularity of different tools among farmers and labour in more efficient way.
Mar 06, 2018 – Cargill has launched digital software for the farmers to prevent from the any kind of risk and managing it properly. With this software, the company is using cloud based solutions in the aquaculture industry. This solution helps in machine learning and sensors to provide real-time visibility into their farm operations.
Farm Management Software Global Market Competitive Analysis:
The market of Farm Management Software Market appears to be highly competitive. To maintain the market position and to drive the market growth, various dynamic and diversified international organizations, domestic organizations and as well as new entrants form a competitive landscape. Market leaders are innovating continuously and increasingly seeking market expansion through various strategic mergers and acquisitions, innovation, increasing investments in research and development and cost-effective product portfolio.
Farm Management Software Global Market Segmentation:
The farm management software market can be segmented in to 5 key dynamics for the convenience of the report and enhanced understanding;
Segmentation by agriculture type: Precision farming, livestock monitoring, fish farming, smart greenhouse farming, and others.
Segmentation by delivery model: On premise/web-based, and cloud-based.
Segmentation by service providers: Managed service providers (farm operation services, data services, and analytics services), professional service providers (supply chain management services and climate information services), connectivity service providers, maintenance, up gradation and support services among others
Segmentation by application: Record keeping, farm mapping, monitoring and forecasting, farm economics, among others
Segmentation by Regions: Geographical regions – North America, Europe, Asia Pacific & Rest of the World.
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Farm Management Software Global Market Regional Analysis:
North America is dominating the global farm management software market with the largest market share due to increased demand for organic food and farm yield as well as agriculture awareness in terms of advanced farming solutions among people and is expected to gain growth by 2023.
Global Farm Management Software market in European market is expected to grow at a substantial high CAGR during 2016 to 2023 due to advancement in technologies and their applications including imagery services, mobile applications, hi-speed internet services, cloud services, and data analytics services. The Asia Pacific market for farm management software market is expected to grow at a considerable CAGR (2016-2023).
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