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Farm Management Software Market Size & Forecast Report, 2014 - 2025

Report ID: MN17616995  |  Published: February 2018  |  No of Pages: 100
Format: Electronic (PDF)  |  Industry: Software

The global farm management software market is expected to reach USD 4.22 billion by 2025. The market is driven by factors such as the proliferation of IoT, big data analytics, and information & communication technology along with an emphasis on cloud computing leading to recording and retrieval of real-time data management. In addition, rising population and enlarged demand for food worldwide coupled with government support to boost modern agricultural techniques are likely to boost the market growth in the forthcoming period. The farm management software market is expected to witness a CAGR of 16.7% in the forecast period.

The global farm management software industry witnesses several opportunities such as green initiatives for sustainable agriculture coupled with awareness in farmers for precision agriculture and pursuance of modern agricultural practices. However, rising food demands and farming challenges are likely to create hindrances in the market during the forecast period up to 2025.

Farming systems are now embracing the conceptual framework of web management to support farm production systems. The web management system is trifurcated into decision support sub-system, biophysical sub-system, and decision support sub-system. In addition, the web system encompasses project management ideas coupled with model-view-controller concepts. In reality, the farm management software supports the farmers with enhanced yield and productivity, and farm efficiency is expected to gain traction due to its proliferation worldwide. Big data plays a significant role in giving predictive insights, rebuilding business processes, and enabling real-time operational decisions for change in business models.

The farm management software industry segmentation includes agriculture, deployment model, application, service provider, and region. The deployment segment dominates the farm management software market growth in the forthcoming period owing to the rise in cloud computing and is anticipated to witness a CAGR of 19.5% during the forecast period.

Geographical segmentation for the farm management software industry spans North America, South America, Europe, Asia-Pacific, Europe, the Middle East, and Africa. The north American and South American farm management software market is expected to gain positive traction shortly. Factors such as rising demand for farm yield, favorable policies by the government, demand for agricultural solutions, and inclination towards precision farming are likely to contribute to the market growth in the forthcoming period.

The European market is expected to gain positive traction in the forthcoming period due to government support, increasing R&D activities about smart agriculture such as employing drones for enhanced production, and building Aero Farms for better agriculture yield. Middle Eastern and African market is expected to gain a higher CAGR in the forthcoming period owing to the rise in R&D activities, use of GPS signals, and monitoring of real-time data.

The key players in the farm management software industry include Ag Leader technology; CropZilla Software, Inc. AB CropMetrics LLC, Granluar Inc, Dickey-john Corporation, The Climate Corporation; DeLaval; and Farm Edge, Inc. Big players are now offering technical assistance such as Big data analytics for smart farming whereas startups are expanding horizontally in the value chain service by providing insurance, consulting and advisory services.

Market Segment:

Farm Management Software Agriculture Type Outlook (Revenue, USD Million, 2014 - 2025)
    • Precision farming
    • Livestock monitoring
    • Smart greenhouse
    • Others

Farm Management Software Deployment Model Outlook (Revenue, USD Million, 2014 - 2025)
    • Web-based
    • Cloud-based

Farm Management Software Services Outlook (Revenue, USD Million, 2014 - 2025)
    • System integration & consulting
    • Maintenance & support
    • Managed services
        • Data services
        • Analytics services
        • Farm operation services
    • Assisted professional services
        • Supply chain management services
        • Climate information services

Farm Management Software Regional Outlook (Revenue, USD Million, 2014 - 2025)
    • North America
        • the U.S.
        • Canada
        • Mexico
    • Europe
        • Germany
        • the U.K.
        • France
        • Russia
    • the Asia Pacific
        • China
        • Japan
        • India
        • Australia
    • South America
        • Brazil
    • the Middle East and Africa (MEA)

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