Growing Demand for Advanced Technologies in Farming will boost the Global Farm Management Software Market Growth

The research report " Global Farm Management Software Market: By Agriculture Type (Precision Farming, Livestock Farming, Fish Farming, Smart Greenhouse Farming, Others), By Deployment Mode (Cloud-Based, Web-Based), By Application (Farm Mapping, Farm Economics, Record Keeping, Monitoring, Resource & Inventory Management), and Geography-Global/Region/Country Forecast to 2027", The Global Farm Management software market size was valued USD 2.1 billion in the year 2020 and is expected to grow at USD 4.2 billion till 2027 recording a CAGR of 14.7% during the forecast period 2021-2027.

Glance our 200 slides market research and competitive intelligence research report, 25 Tables and 65 Figures and other qualitative sections with an in-depth TOC on " Global Farm Management Software Market: By Agriculture Type (Precision Farming, Livestock Farming, Fish Farming, Smart Greenhouse Farming, Others), By Deployment Mode (Cloud-Based, Web-Based), By Application (Farm Mapping, Farm Economics, Record Keeping, Monitoring, Resource & Inventory Management), and Geography-Global/Region/Country Forecast to 2027".

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Farm Management Software Market – Industry Analysis & Latest Trends

The global farm management software market was valued at USD 2.1 billion in 2020, and it is predicted to rise to USD 4.2 billion by 2027, with a CAGR of 14.7% between 2021 and 2027. This market report on farm management software market provides in-detail insights into market determinants, factors enhancing the market as well as current developments of the market players. It further talks about market segmentations and particularly focusing on regional analysis covering key regions. The Global Farm Management Software Market experienced a huge growth owing to modernization in agriculture farming. Increasing disposable income, growing demand for food products, government support to agriculture farming, growing demand for organic food and huge focus made on crop yield and livestock health and increase in R&D for the advancement of enhanced farm management software are the chief factors fostering the farm management software market growth. Another significant factor to impel the growth of the farm management software market is modernization in the agricultural farming for boosting the crop yield and productivity too. Furthermore, launching of advanced software by industry players, huge government support to the agriculture production and huge applications of farm management software like green house and livestock farming are a few other boosting factors for the growth of farm management software market over the forecast period.

Impact of COVID-19 Farm Management Software Market:

In addition, the report discusses the implications of COVID-19, including the industry's initial response and strategies for ensuring business continuity in the coming years.

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North America became the huge Market Revenue share obtainer in the Global Farm Management Software Market

Among other regions, North America accounted for huge revenue share in the market recording considerable CAGR. There are several major factors that contribute in boosting the market growth in the region such as huge adoption of modern techniques in the agriculture farming, several emerging market players available in the region and increase in agriculture farming in emerging economies of this region such as Canada and U.S. All these factors greatly lead towards impelling the farm management software market in the region. Growing disposable earnings and enhanced digital technologies in Europe is anticipated to augment the market.

Competitive Assessment:

Global Farm Management Software Market is surging due to the product approvals, launchings, and acquisitions by the emerging key players. For example, MYOB collaborated with Agrimap in January 2017 to offer the advantages of modern cloud-based business management solutions along with providing process management services.A few of the major key players of this farm management software market include Deere & Company (US), Trimble (US), AgJunction (US), Raven Industries (US), AG Leader Technology (US), SST Development Group (US), DICKEY-john (US), Topcon Positioning Systems (US), The Climate Corporation (US), DeLaval (US)BouMatic (US), MYOB (Australia) and AGRIMAP (New Zealand).

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