The Global Farm Management Software Market research report is a detailed document outlining the recent advancements and developments in the Farm Management Software Market business sphere considering 2021 as the base year and 2023-2032 as the forecast timeline. The report offers valuable insights into the market size, market share, sales channel and distribution network, segmentation of the market, demands, and trends, and growth prospects. The report also studies the growth of the market on a global and regional scale.
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The global farm management software market size is expected to reach USD 9.50 Billion in 2032 and register a steady revenue CAGR of 14.7% during the forecast period. Increasing initiatives by governments pertaining to digitalization of the agricultural industry can be attributed to steady revenue growth of the farm management software market. For instance, the main idea of the India Digital Environment of Agriculture (IDEA) framework, which would establish the architecture for the federated farmers database, has been finalized by the government. Also, the department's scheme-related datasets have been integrated.
The IDEA would act as a base for developing creative, agri-focused solutions that make use of cutting-edge technologies to significantly improve India's agricultural ecosystem. This ecosystem will assist the government in making plans that would increase agricultural productivity overall and the income of farmers in particular. Under the National e-Governance Plan for Agriculture (NeGP-A), monies are made available to the State(s)/UT(s) for projects involving the utilization of cutting-edge technology including Artificial Intelligence (AI), Machine Learning (ML), and big data, Robotics, Drones, Data Analytics, Block Chain, and others.
Competitive Terrain:
The global Farm Management Software industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
Leading Market Players Profiled in the Report:
Agrivi, Granular Inc., Trimble Inc., Topcon, Raven Industries, Inc., AgJunction, Agworld Pty Ltd., Farmers Edge Inc., Climate LLC., IBM.
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Key insights presented in the report:
Market revenue shares by major business players, by type, by application, and market scope of global Farm Management Software market
Sales revenue by key players and new entrants
Competitive analysis of key players, including aspects such as company overview, product or services specification, vendors, and buyers
Recent mergers, acquisitions, product launches, recent investments, and joint ventures
Regional analysis to provide insight into recent trends and opportunities
Emergen Research has segmented the global farm management software market on the basis of offering, farm production planning, farm size, application, and region:
Offering Outlook (Revenue, USD Billion; 2019–2032)
- On-Cloud
- On-Premises
- Data Analytics Services
Farm Production Planning Outlook (Revenue, USD Billion; 2019–2032)
- Pre-Production Planning
- Production Planning
- Post-Production Planning
Farm Size Outlook (Revenue, USD Billion; 2019–2032)
- Large Farms
- Medium Farms
- Small Farms
Application Outlook (Revenue, USD Billion; 2019–2032)
- Precision Farming
- Precision Livestock
- Precision Aquaculture
- Precision Forestry
- Smart Greenhouses
- Others
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Regional Outlook:
North America (the U.S., Canada, Mexico)
Europe (the U.K., Germany, France, Italy)
Asia Pacific (India, China, Japan, Korea)
Latin America (Brazil, Argentina, Ecuador, Chile)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran)
Key Questions Answered in the Report:
What will be the estimated growth rate of the Farm Management Software market by 2032?
Who are the prominent distributors, vendors, and manufacturers of the market?
What are the driving and restraining factors of the growth of the Farm Management Software market throughout the forecast period?
What are the current and future market trends of the Farm Management Software market?
What are the sales and price analysis of the product by types, applications, and regions?
What are the expected opportunities for the companies and new entrants in the coming years?
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