Farm Management Software Market Size, Share, Opportunities And Trends By Farming Type (Crop Farming, Livestock Farming), By Delivery Model (Local, Web/Cloud-Based) And Geography - Forecasts From 2019 To 2024

Farm management software helps farmers to plan, manage and analyze the activities which are going on on the farm easily and effectively. It enables the farmers to make better decisions by planning efficiently and tracking activities in real-time, which saves labor and input costs. The farm management software market is expected to grow due to the growing demand for food and beverages worldwide. The integration of farm management software with smartphones is creating a new opportunity for the market to grow. The initiatives taken by the government to support the adoption of modern agricultural techniques are projected to help drive the growth of the farm management software market. Furthermore, the adaptation of cloud computing in the field of agriculture is also helping the market grow. However, the lack of technical knowledge amongst farmers in emerging economies is limiting the growth of the market. The farm management software is segmented by farm type, delivery model, and geography. On the delivery model basis, the local segment is expected to hold a significant share in the market due to its easy accessibility and wide adoption. Geographically, North America is projected to be a substantial shareholder in the market during the forecasted period due to the presence of major manufacturers of farm management software.

DRIVERS

Supporting government initiatives in the promotion of farm management software.

Growing adaption of cloud computing to get real-time farm data.

RESTRAINTS

Lack of skilled workforce.

INDUSTRY UPDATE

In March 2019, WaudWare came into a strategic partnership with CIS to expand its software solutions.

In July 2018, Raven Industries introduced New Raven Slingshot which will help in saving time and reduce errors.

The major players profiled in the farm management software market are Raven Industries, Deere & Company, Trimble, The Climate Condition, AG Leader Technology, DICKNEY-john, DeLaval, Topcon Positioning Systems, SST Development Group, and Conservis.

Segmentation

The farm management software market has been analyzed through the following segments:

By Farming Type

Crop Farming

Livestock Farming

By Delivery Model

Local

Web/Cloud-Based

By Geography

North America

USA

Canada

Mexico

South America

Brazil

Argentina

Others

Europe

Germany

France

United Kingdom

Spain

Others

Middle East and Africa

Saudi Arabia

Israel

Others

Asia Pacific

China

Japan

South Korea

India

Others