About Farm Management Software
Farm Management Software is used to optimize and manage farm operations and production activities. This software helps in automating farm activities. This software is customized in nature to meet specific farm requirements since each firm has particular activities that are carried out. As farmers are facing a fast-changing business environment, tough market conditions and fierce competition, more than ever before. This helps strengthening of intellectual property rights over agricultural innovations and increasing focus on monitoring livestock performance and health to increase farm efficiency that drives the growth of the farm management software market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
In This Market Major Players Are Taking Initiatives To Meet Their Organic And Inorganic Strategy Growth, Companies Are Investing In Product Portfolio And Also Focusing Towards Enhancing Their Global Reach. Analyst at AMA Research estimates that United States Manufacturers will contribute the maximum growth to Global Farm Management Software market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
FarmLogs (United States), Granular (United States), The Climate Corporation (United States), FarmFlo (Ireland), Cropio (United States), Conservis (United States), Topcon Corporation (Japan), GEA Group (Germany), Tetra Laval group (DeLaval) (Switzerland) and Agrivi (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Farm Lead (Canada), Trimble (United States) and Agriwebb (Australia).
Segmentation Overview
AMA Research has segmented the market of Global Farm Management Software market by , Application (Beverage, Chemical, Dairy Farming, Dairy Processing, Food, Home & Personal Care, Leisure & Sport, Marine, Pharma, Transportation and Utilities) and Region.
On the basis of geography, the market of Farm Management Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Service Providers, the sub-segment i.e. System Integrators will boost the Farm Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Agriculture Type, the sub-segment i.e. Precision Farming will boost the Farm Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Delivery Model, the sub-segment i.e. Local Web Based will boost the Farm Management Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand for Fleet Navigation and Fish Tracking Services and Expanding Field on a Global Scale
Market Growth Drivers:
Penetration of Cloud in Farm Data, Increasing Focus towards Farm Efficiency across the Worldwide and Growing Demand for Traceability in Our Food Supply
Challenges:
Output Data Management and Capital Market Challenge
Restraints:
Heavy Capital Investments and Lack of Technical Acumen
Opportunities:
Growing Mobile Subscriber Base
Market Leaders and their expansionary development strategies
In Aug 2018, Agriwebb Announced Acquisition Of Farmwizard To Provide Farmers With Complete Task And Inventory Management Tools To Create To – Do Lists For Each Field, Track Inputs On Pasture Land And Any Complementary Cropping Land.
In Nov 2018, Cropln Technology Solutions Pvt. Ltd. Raised USD 8 Million in A Series B Funding From Chiratae Ventures and the Bill and Melinda Gate Foundation Strategic Investment Fund. Additionally, In Dec 2018, Rabo Agrifinance And Conservis Announced A Partnership To Mark The Next Evolution In Farm Utilize As Data To Make Informed Business Decisions.
Key Target Audience
Agriculture Industry, Fish Farming Industry, Government Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.