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Farm Management Software Market Growing Demand, Opportunities and Share Analysis 2022 to 2028
The research report "Farm Management Software Market: By Offerings (Cloud, On-Premise), Application (Precision Farming, Precision Aquaculture, Precision Forestry, Precision Livestock, Smart Greenhouses), Farm Size (Small, Medium, Large), and Geography - Global/Region/Country Forecast to 2028." The global farm management software market projected to be valued at USD 2.3 billion in 2021 and anticipated to grow at USD 4.4 billion till 2028 growing at a CAGR rate of 14.9% during 2022-2028.View the detailed report description here - https://precisionbusinessinsights.com/market-reports/global-farm-management-software-market/
Growing demand for food products is bolstering the Global Farm Management Software Market
Global Farm Management Software Market report studies global market dynamics elaborately to indentify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. Fish farming, smart greenhouse practices, precision farming and livestock monitoring are all the examples of where machine learning and artificial intelligence are becoming common technology. Data is managed that is transmitted between individuals and equipment for streamlining the farm management process. Artificial intelligence and machine learning have allowed real-time data access making data management tasks such as harvesting, purchasing, feeding, inventory control and planning much easier. Increasing need for real-time data for decision making and expanding agricultural activities are fuelling the farm management software industry expansion.
There are a few leading factors impelling the farm management software market growth are the growing demand for food products, government support for the agriculture farming, growing R&D to develop advanced farm management software, growing disposable income as well as increasing focus on crop yield and livestock health. In addition, extended applications of farm management software like green house farming and livestock, launch of advanced software by the key players and government support for the agriculture production are expected to fuel the global farm management software market over the forecast period.
North America accounted for major share in the Global Farm Management Software Market:
Global farm management software market report gives comprehensive outlook on farm management software across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Among these regions, North America got lager revenue share in the global farm management software market with considerable CAGR rate. There are a few factors that are projected to bolster the market in North America are growing disposable income, increasing agriculture farming in Canada and U.S., presence of a huge number of key players in the region and growing adoption of modern techniques in the agriculture farming. Europe farm management software market expected to witness significant rate due to the high consciousness regarding the loT and digital technologies, growing R&D for the development of software.
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Competitive Analysis Global Farm Management Software Market:
Major players working in the global farm management software market are Deere & Company (US), Trimble (US), AgJunction (US), Raven Industries (US) and AG Leader Technology (US).
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We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers. Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.
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