Farm Management Software and Services Market: Overview
Farm management software is used for task planning, execution, evaluation, and optimization on farms and enables farmers to view crop output at a detailed level to maximise yield. Farm management software offers a number of advantages, such as improved planning and tracking, cost savings on labour and inputs, improved risk management, compliance with regulatory standards, and simple and precise traceability.
Farm management software includes websites, computer programmes, and mobile applications that are all aimed at assisting farmers in making better operational and production decisions. These solutions make it easier to plan, evaluate, execute, and optimise agricultural tasks, enabling farmers to increase their yields. Some of the key advantages of farm management software are improved planning and tracking, lower input and labour costs, better risk management, simple and precise traceability, and greater regulatory compliance.
Global farm management software business trends are being bolstered by the increased requirement to monitor livestock performance and increase fish farming production, in addition to increasing farm efficiency. The market is anticipated to generate significant revenue by 2027, driven by the rising use of smartphones and the accessibility of high-speed internet connectivity. Both on-premises hardware and cloud-based solutions use the solutions. The industry’s mainstay is also its data analytics services.
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Trends:
The need for food on a global scale is increasing quickly. As farmers learn about the advantages, they are using cloud computing and web-based farm management software more frequently. Growing in popularity is precision farming, which increases crop productivity while preventing resource waste. The software assists in comparing and mapping out the seed kinds and provides current information on key yield-producing areas. It can follow the movement of items from producers to warehouses, keep track of labour productivity, and assist in storing farm produce. To keep track of all sales and profits, built-in bookkeeping, soil analysis, and GPS weather updates are helpful. In the upcoming years, these elements will propel the market for farm management software to expansion.
The global farm management software market will grow as a result of favourable governmental policies and technical advancements. The software is often used to keep meticulous records of the ID, breeding, and lineage of animals. It offers crucial information on sales, location, animal performance, health, weight, and other aspects of animal husbandry. Activities on dairy farms can be tracked, and remote access enables monitoring when you’re away from home. Without any intermediaries getting in the way, farmers can sell online. In addition, e-consultation gives everyone access to professionals in case of emergency.
Global Farm Management Software and Services Market: Major Players
- Fullwood Ltd.
- The Climate Corporation
- Conservis Corporation
- DeLaval
- AG Leader Technology
- Agroptima S.L.
- DeLaval
- Iteris Inc.
- Agrivi
- 365FarmNet GmbH
- Boumatic LLC
- Hexagon Agriculture
- Deere & Company
- Trimble Inc.
- GEA Group
- AKVA Group ASA
Global Farm Management Software and Services Market: Types
- On-Cloud Delivery Model
- On-Premise Delivery Model
Global Farm Management Software and Services Market: Applications
- Precision Crop Farming
- Livestock Monitoring and Management
- Indoor Farming
- Aquaculture
- Others
Global Farm Management Software and Services Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Farm Management Software and Services market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
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Frequently Asked Questions (FAQ):
- Who are the key players in the global farm management software market?
- What is the COVID-19 impact on farm management software suppliers?
- What are the opportunities for the existing players and for those who are planning to enter various stages of the farm management software value chain?
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