Farm Software Management Solution Industry is Expected to Reach $8 Billion by 2028 -Afifarm, Agrivi, Granular, Trimble, Farm ERP, FarmLogs, Agworld, AgriWebb, Conservis

The global farm management software market is estimated to grow from USD 2.13 billion in 2021 to USD 12.12 billion by 2032 at a CAGR of 24.7% during 2021-2032

The growth of the farm management software market is driven by factors such as increasing implementation of cloud computing in real-time farm data management, growing population and subsequent rise in demand for food worldwide, and strengthening of intellectual property rights over agricultural innovations. Government support to encourage the adoption of modern agricultural techniques and focus on monitoring livestock performance and health to increase farm efficiency are also driving the growth of the farm management software market.

The scope of this research report spans from the broad outlines of the Farm Software Management Solution market to delicate structures, classifications, and applications. This research report also provides a clear picture of the global market by presenting data through effective information graphics. It also provides a detailed list of factors affecting the growth of the market.

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Key Players Mentioned in the Global Farm Software Management Solution Market Research Report:

Afifarm, Agrivi, Granular, Trimble, Farm ERP, FarmLogs, Agworld, AgriWebb, Conservis

Global Farm Software Management Solution Market Segmentation:

Farm Software Management Solution Market Types:

Monitoring Solutions, Feed Solutions, Others.

Farm Software Management Solution Market Applications:

Family Farming, Commercial Farming

Opportunity: Rapid adoption of smart farming technologies
The global agriculture industry has witnessed tremendous advancements in smart farming technologies in recent years. Rising pressure to meet the increasing food demand with limited resources is one of the major factors responsible for the growing adoption of cutting-edge technologies, such as Internet of Things (IoT), artificial intelligence (AI), drones, and hyperspectral imaging, by farm owners. The use of these technologies in farming helps increase production; enhance production efficiency; minimize wastage of resources; improve accuracy, and precision, while providing high profitability to farm owners.
The base of geography, the world market of Farm Software Management Solution has segmented as follows:

Challenge: Management of data for productive decision-making through single digital platform
Management of data of various farm activities is a major challenge for the growth of the farm management software market. A large amount of data is regularly generated by using farm management software solution. The data obtained from the farms using agricultural tools is of high importance as it helps farmers in effective decision-making. This data needs to be stored and managed in a proper format to make farming-related decisions such as mapping, variable rate seeding, soil testing, yield monitoring, and historical crop rotation. Once the data is collected data in a raw form, it is sent for processing, and on the basis of context, relevance, and priority, it is presented to the farmer to make decisions. The adoption of farm management software and other technologies will increase if the farmers are provided with easy data management solutions in their day-to-day activities. Many farmers are not aware of the effective use of data for decision-making purposes; hence, it is important to provide farmers and growers with proper data management tools and techniques to acquire, manage, process, and use data effectively.

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COVID-19 Impact

Report covers Impact of Coronavirus COVID-19: Since the COVID-19 virus outbreak in December 2019, the disease has spread to almost every country around the globe with the World Health Organization declaring it a public health emergency. The global impacts of the coronavirus disease 2019 (COVID-19) are already starting to be felt, and will significantly affect the Farm Software Management Solution Market in 2022.

The outbreak of COVID-19 has brought effects on many aspects, like flight cancellations; travel bans and quarantines; restaurants closed; all indoor/outdoor events restricted; over forty countries state of emergency declared; massive slowing of the supply chain; stock market volatility; falling business confidence, growing panic among the population, and uncertainty about future.

TData analytics services is expected to witness higher CAGR growth during the forecast period
Data analytics services is expected to witness highest CAGR growth during the forecast period, by offering. The increasing need for real-time data management through cloud computing, government support to encourage adoption of modern agricultural techniques, and increasing use of agriculture software to maintain farm efficiencies are some of the major factors fostering the growth of the market.

Small farms segment for farm management software market is expected to witness higher CAGR growth during the forecast period

The small farms segment of the farm management software market is expected to register higher CAGR growth during the forecast period by farm size. Farmers in small farms are rapidly adopting farm management software and other advanced agricultural techniques as the cost of such advanced technologies has reduced significantly in recent years.

APAC is projected to register largest market share of the farm management software market in 2026
APAC is projected to register largest market share of the farm management software market in 2026. The farm management software market in APAC is projected to register the highest CAGR during the forecast period, by region. The growth prospects of the market in APAC are very high as farm management software is still a nascent technology in many countries in the region

Table of Contents:

1 Study Coverage

2 Market by Type

3 Market by Application

4 Global Farm Software Management Solution Competitor Landscape by Company

5 Global Farm Software Management Solution Market Size by Region

6 Segment in Region Level & Country Level

7 Company Profiles

8 Industry Chain and Sales Channels Analysis

9 Research Findings and Conclusion

Conclusion: At the end of Farm Software Management Solution Market report, all the findings and estimation are given. It also includes major drivers, and opportunities along with regional analysis. Segment analysis is also providing in terms of type and application both.

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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.
Where do the requirements come from?
Where do non-potential customers reside?
What is the buying behavior of customers in a specific region?
What is the spending power of the customers in a particular region?

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