Farm management software and services market size – USD 1,116.0 million in 2019, market growth – CAGR of 14.0%
— Emerging research
VANCOUER, BC, CANADA, June 14, 2022 /EINPresswire.com/ — The Global Farm Management Software and Services The market will reach $3,015.5 million by 2027, according to current analysis by Emergen Research. The growth of this market can be attributed to the growing focus of farmers on increasing agricultural efficiency and crop yield.
The increase in world population and the growing need to increase agricultural productivity is driving market demand. Increased research and development for the advancement of farm management software and services should make the technology more cost-effective and accessible to farmers. Growing farmer interest in precision farming and livestock monitoring is most likely to propel the demand for farm management software and services.
𝐂𝐥𝐚𝐢𝐦 𝐘𝐨𝐮𝐫 𝐅𝐑𝐄𝐄 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐜𝐨𝐧𝐭𝐞𝐧𝐭 @ @ https://www.emergenresearch.com/request-sample/331
Farm Management Software and Services Market Size – USD 1,116.0 Million in 2019, Market Growth – CAGR of 14.0%, Market Trends – Rising Implementation of Cloud Computing for Farm Data Management in real time
Agricultural Management Software and Services Market Insightful data on the sudden shift in consumer preferences, purchasing power and consumption volume across the globe further clarifies this study. Particular emphasis on recent developments, including collaborations, joint ventures, mergers and acquisitions, and technology upgrades, occupies an important section of the study. The SWOT analysis performed during the study identifies strengths, weaknesses, threats and in-store opportunities for the major vendors operating
𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐧 𝐭𝐡𝐞 𝐅𝐚𝐫𝐦 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐬𝐨𝐟𝐭𝐰𝐚𝐫𝐞 𝐚𝐧𝐝 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 𝐦𝐚𝐫𝐤𝐞𝐭:
Social distancing and restrictions have severely disrupted businesses and operations
Lockdowns have caused disruptions in transport and logistics
Manufacturing and mining operations affected globally
Weighed on the economy of various countries
Caused a sudden and drastic slowdown in economic activity
Caused job losses and a financial crisis
The precision agriculture segment held the largest market share of 35.3% in 2019. Increase in government initiatives to adopt modern agricultural techniques is expected to drive the growth of precision agriculture.
The cloud-based segment is expected to grow with the fastest CAGR of 14.6% over the forecast period. Cloud-based software solutions are gaining adoption in the agricultural sector as they are easily accessible from mobile phones, tablets or PCs.
The system integrator segment held the largest agricultural management software and services market share in 2019. Growing adoption of advanced technologies by farmers to improve farm efficiency is expected to drive the growth of the segment.
The Asia-Pacific region is expected to be the fastest growing region during the forecast period due to the increasing investment in R&D by companies to produce agricultural robots and drones.
𝐂𝐥𝐢𝐜𝐤 𝐭𝐨 𝐚𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐭𝐮𝐝𝐲 𝐑𝐞𝐚𝐝 𝐑𝐞𝐚𝐝 𝐤𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐋𝐨𝐨𝐤 𝐚𝐭 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐓𝐫𝐞𝐧𝐝𝐬 𝐓𝐫𝐞𝐧𝐝𝐬: https://www.emergenresearch.com/industry-report/farm-management-software-and-services-market
𝐓𝐡𝐞 𝐩𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
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.
𝐄𝐦𝐞𝐫𝐠𝐞𝐧 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐡𝐚𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐅𝐚𝐫𝐦 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐒𝐨𝐟𝐭𝐰𝐚𝐫𝐞 𝐚𝐧𝐝 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐨𝐧 𝐭𝐡𝐞 𝐛𝐚𝐬𝐢𝐬 𝐨𝐟 𝐓𝐲𝐩𝐞 𝐓𝐲𝐩𝐞, 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐦𝐨𝐝𝐞𝐥, 𝐒𝐞𝐫𝐯𝐢𝐜𝐞, 𝐚𝐧𝐝 𝐫𝐞𝐠𝐢𝐨𝐧:
Agriculture Type Outlook (Revenue, USD Million; 2017-2027)
Intelligent greenhouse cultivation
Delivery Model Outlook (Revenue, USD Million; 2017-2027)
Service Provider Outlook (Revenue, USD Million; 2017-2027)
Assisted Professional Services
Maintenance and Support
The global agricultural management software and services market has been categorized into the following geographic segments:
North America (United States, Canada, Mexico)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐌𝐚𝐣𝐨𝐫 𝐈𝐬𝐬𝐮𝐞𝐬 𝐀𝐝𝐝𝐫𝐞𝐬𝐬𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
What are the most popular market segments?
What are the business risks and implications of the current scenario for market growth and forecast?
Who are the major market players and how do they handle a variety of issues?
𝐌𝐚𝐢𝐧 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐬𝐤𝐞𝐝
Which country is the fastest growing global agricultural management software and services market in response?
What are the key strategies adopted by market players in the global Farm Management Software and Services market?
Who are the emerging players in the Global Farm Management Software and Services Market?
What impact has COVID-19 had on the growth of the Global Farm Management Software and Services Market?
What are the major regulations governing the market in key regions?
Which technological developments are expected to have the greatest impact on the global agricultural management software and services market?
Which are the key players with significant dominance in the global market?
𝐁𝐫𝐨𝐰𝐬𝐞 𝐦𝐨𝐫𝐞 @
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Global Farm Management Software and Services Market to Be Worth USD 3,015.5 Million by 2027, According to Current Analysis by Emergen Research