Farm Management Software and Services Market Size – USD 1,116.0 million in 2019, Market Growth – CAGR of 14.0%
— Emergen Research
VANCOUER, BC, CANADA, June 14, 2022 /EINPresswire.com/ — 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.
The rising global population and the growing need to increase agricultural productivity is driving the demand of the market. 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.
𝐂𝐥𝐚𝐢𝐦 𝐘𝐨𝐮𝐫 𝐅𝐑𝐄𝐄 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐰𝐢𝐭𝐡 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 – Increasing implementation of cloud computing for management of real-time farm data
Farm management software and services market Relevant data on the su dden shift in consumer preferences, spending power and consumption volume worldwide further makes this study more precise. Special emphasis on recent developments including collaborations, joint ventures, mergers & acquisitions and technology upgrades occupies an important section in the study. The SWOT analysis performed during the study identifies the strengths, weaknesses, threats and opportunities in store for key vendors operating
𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐨𝐧 𝐭𝐡𝐞 𝐆𝐥𝐨𝐛𝐚𝐥 𝐅𝐚𝐫𝐦 𝐦𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐬𝐨𝐟𝐭𝐰𝐚𝐫𝐞 𝐚𝐧𝐝 𝐬𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭 :
Social distancing and restrictions severely disrupted businesses and operations
Lockdowns caused disruptions in transportation and logistics
Impacted manufacturing activities and mining operations globally
Took a toll on economy of various countries
Caused sudden and drastic downturn in economic activity
Caused loss of employment and financial crisis
𝐒𝐨𝐦𝐞 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐅𝐫𝐨𝐦 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 :
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 R&D by the companies to produce agricultural robots and drones.
𝐂𝐥𝐢𝐜𝐤 𝐭𝐨 𝐚𝐜𝐜𝐞𝐬𝐬 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐭𝐮𝐝𝐲, 𝐑𝐞𝐚𝐝 𝐤𝐞𝐲 𝐡𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐋𝐨𝐨𝐤 𝐚𝐭 𝐏𝐫𝐨𝐣𝐞𝐜𝐭𝐞𝐝 𝐓𝐫𝐞𝐧𝐝𝐬: https://www.emergenresearch.com/industry-report/farm-management-software-and-services-market
𝐓𝐡𝐞 𝐩𝐫𝐨𝐦𝐢𝐧𝐞𝐧𝐭 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐩𝐚𝐫𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐢𝐧𝐠 𝐢𝐧 𝐭𝐡𝐢𝐬 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 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.
𝐄𝐦𝐞𝐫𝐠𝐞𝐧 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐡𝐚𝐬 𝐬𝐞𝐠𝐦𝐞𝐧𝐭𝐞𝐝 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐅𝐚𝐫𝐦 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐒𝐨𝐟𝐭𝐰𝐚𝐫𝐞 𝐚𝐧𝐝 𝐒𝐞𝐫𝐯𝐢𝐜𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐨𝐧 𝐭𝐡𝐞 𝐛𝐚𝐬𝐢𝐬 𝐨𝐟 𝐀𝐠𝐫𝐢𝐜𝐮𝐥𝐭𝐮𝐫𝐞 𝐓𝐲𝐩𝐞, 𝐃𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐦𝐨𝐝𝐞𝐥, 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐏𝐫𝐨𝐯𝐢𝐝𝐞𝐫, 𝐚𝐧𝐝 𝐫𝐞𝐠𝐢𝐨𝐧:
Agriculture Type Outlook (Revenue, USD Million; 2017-2027)
Smart Greenhouse farming
Delivery model Outlook (Revenue, USD Million; 2017-2027)
Service Provider Outlook (Revenue, USD Million; 2017-2027)
Assisted Professional Services
Maintenance & support
𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐜𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.emergenresearch.com/request-for-customization/331
Global Farm management software and services market has been classified into the subsequent geographical segments:
North America (U.S., Canada, Mexico)
Europe (U.K., 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 & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
𝐒𝐨𝐦𝐞 𝐨𝐟 𝐭𝐡𝐞 𝐌𝐚𝐣𝐨𝐫 𝐈𝐬𝐬𝐮𝐞𝐬 𝐀𝐝𝐝𝐫𝐞𝐬𝐬𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
What are the most popular market segments?
What are the current scenario’s business risks and consequences for market growth and forecasting?
Who are the market’s primary players, and how are they dealing with a variety of issues?
𝐌𝐚𝐢𝐧 𝐪𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐬𝐤𝐞𝐝:
Which country is the fastest growing global Farm management software and services market in terms of answer?
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 ?
How has COVID-19 impacted the growth of the global Farm management software and services market ?
What are the key regulations governing the market in the key regions?
Which technological developments are projected to have the greatest impact on the global Farm management software and services market ?
Who are the key players with significant dominance in the global market?
𝐁𝐫𝐨𝐰𝐬𝐞 𝐦𝐨𝐫𝐞 𝐫𝐞𝐩𝐨𝐫𝐭𝐬 @
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Emergen research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
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