FARM MANAGEMENT SOFTWARE MARKET ANALYSIS 2020, WITH TOP COMPANIES, PRODUCTION, REVENUE, CONSUMPTION, PRICE AND GROWTH RATE

The farm management software market is projected to witness a CAGR of 11.2% during the forecast period. During the COVID-19 outbreak, the supply chain of the agriculture industry has disrupted. Companies are focusing on new strategies to develop more convenient tools to cater to the demand for food. Hence, the farm management software industry is playing a critical role to cater to the unprecedented situation caused by COVID-19 by providing predictive analytics and insightful outputs to assist efficient crop growth and animal health.

The adoption of farm management software is increasing every year, with farmer needs shifting toward high productivity and return on investments. The cloud-based farm management type software segment of the market is the largest segment in the global market. Among the different cloud-based software types, the software as a service (SaaS) is anticipated to be the fastest-growing in the market. The advanced satellite data and the latest crop scouting software was made available to farmers at no cost. Thus, considering the aforementioned factors, there seems to be an incremental trend in the adoption of this software as a service technologies, contributing to the market growth.

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The major players include Trimble (US), Raven Industries (US), Topcon Positioning Systems (US), Granular Inc., A Corteva Agriscience Company (US), Agrivi (UK), AgJunction (US), Farmers Edge (Canada), Agworld (US), Deere & Company (US), IBM Corporation (US), SST Development Group (US), The Climate Corporation (US), Microsoft Corporation (US), Afimilk (Israel), Iteris (US), GEA Farm Technologies (Ukraine), CropX (Israel), Conservis (US), Cropio (Ukraine), CropIn (India), ec2ce (Spain), Gamaya (Switzerland), Connecterra (Netherlands), Aquabyte (US), and Eruvaka Technologies (India). (Total 25 companies)

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This report categorizes the farm management software market based on offering, application, farm size, farm production planning, and region available at the regional and global level

By Offering
On-Cloud
On-Premise
Data Analytics Services
By Application
Precision Farming
Precision Livestock
Precision Aquaculture
Precision Forestry
Smart Greenhouses
Others
By Farm Size
Large
Medium-Sized
Small
By Farm Production Planning
Production Planning
Pre-Production Planning
Post-Production Planning
By Region
APAC
North America
South America
Europe
RoW
Recent Developments
In January 2021, Agworld entered into a collaboration with AgVend, who a company that powers a unified experience for growers and sales teams in a centralized Grower Portal app. The collaboration mainly aims at integration between AgVend and Agworld to create a seamless digital experience for growers and their ag retailers
In December 2020, Raven Industries introduced a new tool Virtual Thumb Drive (VTD) in Raven Applied Technology’s expansive CRx field computer. Virtual Thumb Drive powerful addition to ag operations is enabled through the Slingshot Services and Logistics platform.
In December 2020, Trimble entered into a partnership with Ecobot, a software company that provides cloud-based applications to speed environmental regulatory reporting. Through this partnership, the company’s GNSS was integratesd with Ecobot's Natural Resources Platform to enable fast sub-meter accurate wetland delineation.
In November 2020, Farmers Edge and Farmers National Company partnered to support sustainable crop production and boost the profitability of all stakeholders. The partnership equips landowners and operators with access to a wealth of digital and agronomic resources designed to support daily operations, improve sustainability, and create a seamless digital connection between stakeholders.

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