Report Format: PDF
Published Date: Dec-2018 | 200 Pages | Report ID: VSR00428
Global Farm Management Software Market Size was valued nearly USD 1.03 billion by 2017 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 14.12% during the forecast period that is 2017-2025. The market growth driven by increasing adoption of cloud computing for real-time farm data management, emerging economies, growing population and demand for food, modern technologies, government support for agriculture’s modernization, and increasing focus on livestock monitoring to increase farm efficiency are the major factors will propel industry growth during the forecast period.
Global Market Growth Opportunities (Revenue, Growth) By 2017-2025
This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global farm management software market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global farm management software market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.
Segment Analysis
Agriculture Type Insights: Based on agriculture type, the global farm management software market has been segmented into precision farming, livestock monitoring, smart greenhouse, horticulture, fish farming and others. In 2017, the precision farming and smart greenhouse are projected to hold largest market share and is estimated to show its continue dominance during the forecast period in terms of revenue.
Deployment Model Insights: The worldwide farm management software market divided basis on deployment model that is classified into Web Based, Cloud Based. The cloud-based segment is projected to register the highest CAGR rate during the forecast period. The web based technology segment will be show healthy growth throughout forecast timespan. Adoption of these solutions is estimated to reduce costs pertaining to administering and purchasing servers, software licensing, backups, and security.
Regional Analysis
The global farm management software market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. North America was valued fastest growing economies in 2017 and is expected to show continue dominance over the forecast period in terms of revenue due to increasing high demand, digital economies, need modern technological in agriculture sectors, government support to offer subsides to encourage application of smart irrigation are major factors will drive the market growth during the forecast period. Europe is projected to show healthy growth over the forecast period.
Global Farm Management Software Market Size, Share Analysis By Region 2017
The Asia Pacific market is projected to register the highest CAGR rate in 2017 and is estimated to be fastest growing region during the forecast period, that is 2019 to 2025 in terms of revenue. The market growth attributes by emerging economies such as India, China & Japan will boost the demand due to rapidly increasing population, availability of arable farms, and government support, need modern technology in agriculture and government provides subsidies are the factors that are driving the adoption of the market in region. Middle East and Africa held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years.
Global Farm Management Software Market Study Objective
1. To forecast the market size of farm management software market, along with describing and defining the market, in terms of volume and revenue.
2. Market analysis and forecast of farm management software market on the basis of region, substrate and application or end-use industry.
3. To analyze and elaborate significant factors that will have major impact on the growth of farm management software market, such as drivers, restraints, challenges and opportunities.
4. Regional analysis of farm management software market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa and Asia Pacific.
5. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.
6. To provide detailed analysis of competitive and strategic developments in the farm management software market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.
7. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for global market players.
8. To profile major market players, and to analyze their market shares and essential competencies comprehensively.
Bottom-up and top-down are two main approaches that were taken into account to anticipate and validate the market size of farm management software market, and to reach the anticipated market size of several dependent submarkets. The research and study involved massive utilization of secondary data sources, several directories, private and government websites, and authentic databases, to collect or gather market-oriented as well as technical information for the study of farm management software market commercially.
Key Players
The proficient players in the farm management software market are adopting various research and development growth strategies such as emphasizing on product innovation, new launches, merger and acquisitions and geographic expansion to increase market share. Some of the key players operating in the market include Ag Leader technology; CropZilla Software, Inc.; The Climate Corporation; DeLaval; and Farm Edge, Inc. Deere & Company, Trimble, AgJunction, Raven Industries, and SST Development Group.
Global Farm Management Software Market Study Report Offer You!
The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.
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