Press release
Cattle Management Software Market Report 2024 - Cattle Management Software Market Demand And Size
Cattle Management Software Market
Ready to Dive into Something Exciting? Get Your Free Exclusive Sample of Our Research Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=15752&type=smp
According to The Business Research Company's, The cattle management software market size has grown rapidly in recent years. It will grow from $1.30 billion in 2023 to $1.62 billion in 2024 at a compound annual growth rate (CAGR) of 12%. The growth in the historic period can be attributed to maintaining accurate and comprehensive records for audits and historical analysis, engaging with local communities and ensuring sustainable practices, optimizing feed based on nutritional needs and analysis, animal welfare and meeting specific buyer requirements for quality and quantity.
The cattle management software market size is expected to see rapid growth in the next few years. It will grow to $2.57 billion in 2028 at a compound annual growth rate (CAGR) of 12.2%. The growth in the forecast period can be attributed to keeping records for insurance claims and risk management, combining data from various sources for comprehensive analysis, ensuring efficient feeding practices, monitoring feed costs and calving management. Major trends in the forecast period include advanced analytics and visualization tools for better decision-making based on real-time data, use of drones and robotic systems for automated data collection on pasture conditions and cattle behavior, genomic data integration, adoption of blockchain technology to ensure transparent and tamper-proof records of cattle lineage, health history, and movement and tools.
Get The Complete Scope Of The Report @
https://www.thebusinessresearchcompany.com/report/cattle-management-software-global-market-report
Market Drivers and Trends:
The proliferation of smart devices is expected to propel the growth of the bluetooth low-energy devices market going forward. Smart devices are internet-connected electronic gadgets that can collect, process, and transmit data, enabling automation, remote control, and enhanced functionality compared to traditional devices. Smart device adoption has surged due to their seamless integration into daily routines, catalyzing a shift towards connected lifestyles. Bluetooth low energy devices enable smart devices to achieve efficient wireless communication with minimal power consumption, enhancing connectivity and functionality in various applications such as wearables, home automation, and health monitoring. For instance, in 2022, according to Statistics Canada, an agency of the Government of Canada, the use of Internet-connected smart home devices continued to grow, and was up from 42% in 2020 to 47% in 2022, with smart speakers (30%) being the most popular device. Therefore, the proliferation of smart devices is driving the growth of the Bluetooth low-energy devices market.
Major companies operating in the cattle management software market are developing advanced remote monitoring solutions by using Internet of Things (IoT) technology to enable real-time tracking and monitoring of cattle health and behavior, even in remote locations. IoT technology helps farmers make more informed decisions, improve the health and well-being of their cattle, and optimize their operations for better efficiency and productivity. For instance, in 2023, HerdX, a US-based agricultural technology company, introduced HerdView, an innovative IoT-enabled ear tag for cattle. This ear tag integrates with the company's cloud-based software platform, providing farmers with insights into individual animal health and location data. Additionally, the ear tag can track environmental conditions such as temperature and humidity, helping farmers ensure optimal conditions for their livestock. This trend highlights a shift towards more interconnected and data-driven approaches in cattle management, enhancing efficiency and animal welfare.
Key Benefits for Stakeholders:
• Comprehensive Market Insights: Stakeholders gain access to detailed market statistics, trends, and analyses that help them understand the current and future landscape of their industry.
• Informed Decision-Making: The reports provide crucial data that support strategic decisions, reducing risks and enhancing business planning.
• Competitive Advantage: With in-depth competitor analysis and market share information, stakeholders can identify opportunities to outperform their competition.
• Tailored Solutions: The Business Research Company offers customized reports that address specific needs, ensuring stakeholders receive relevant and actionable insights.
• Global Perspective: The reports cover various regions and markets, providing a broad view that helps stakeholders expand and operate successfully on a global scale.
Major Key Players of the Market:
Merck Animal Health, GEA Group AG, Datamars SA, Nedap Livestock Management, Livestock Improvement Corporation (LIC), Chetu Inc., Folio3 , Provimi, Afimilk Ltd., VAS (Valley Agricultural Software), Inpixon, smaXtec animal care GmbH, CowManager, ReproTec, Breedr, MaiaGrazing, Hi-Plains Systems, Inc. , BoviSync, AgriNET, Cattle Eye Ltd., Performance Livestock Analytics, FarmWizard, ADAS, Livestocked LLC, Herdwatch
Cattle Management Software Market 2024 Key Insights:
• The cattle management software market size is expected to see rapid growth in the next few years. It will grow to $2.57 billion in 2028 at a compound annual growth rate (CAGR) of 12.2%.
• Growing Demand for Dairy Products Fuels Expansion of Cattle Management Software Market
• Advanced Remote Monitoring Solutions Transforming Cattle Management Software Market
• North America was the largest region in the cattle management software market in 2023
We Offer Customized Report, Click @
https://www.thebusinessresearchcompany.com/Customise?id=15752&type=smp
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ"
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Cattle Management Software Market Report 2024 - Cattle Management Software Market Demand And Size here
News-ID: 3703345 • Views: …
More Releases from The Business research company
Ergonomic Office Chairs Market Size Forecast: $17.84 Billion by 2029 | Global Ou …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What Is the Projected Market Size Valuation of the Ergonomic Office Chairs Market by 2025?
The market size of ergonomic office chairs has experienced constant growth over the past few years. The market worth is anticipated to rise from $13.81 billion in 2024 to $14.49 billion in 2025, presenting a compound…
Carbon Composites Market Growth to be Driven by Emerging Trends | $28.25 Billion …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Carbon Composites Industry?
In the recent past, the carbon composites market has witnessed a significant expansion in its size. The market, worth $20.57 billion in 2024, is projected to rise to $21.71 billion in 2025, exhibiting a compound annual growth rate (CAGR) of…
Acrylic Surface Coating Industry Growth Outlook: 7.1% CAGR and $40.66 Billion by …
Get 30% off global market reports with code ONLINE30 and keep ahead of tariffs, macro trends, and worldwide economic developments.
What Is the Long-Term Growth Forecast for the Acrylic Surface Coating Market Size 2025?
In recent times, there has been a substantial uptick in the growth of the acrylic surface coating market. The market is projected to expand from $29.11 billion in 2024 to $30.87 billion in 2025, showcasing a Compound Annual…
Global UV Inkjet Printing Market Expansion at 9.4% CAGR, Valued at $86.05 Billio …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
What Are the UV Inkjet Printing Market Size Forecast for 2025?
The market for UV inkjet printing has experienced substantial growth in recent years, with its value set to increase from $54.85 billion in 2024 to $60.09 billion in 2025. This translates to a compound annual growth rate (CAGR) of…
More Releases for Cattle
Government Subsidies For Cattle Boost Growth In The Cattle Feeds Market: A Signi …
The Cattle Feeds Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Cattle Feeds Market Size and Projected Growth Rate?
The cattle feeds market has grown considerably in recent years. It will increase from $85.87 billion in 2024 to $93.3 billion in 2025 at…
Government Subsidies For Cattle Boost Growth In The Cattle Feeds Market: A Signi …
The Cattle Feeds Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Cattle Feeds Market Size and Projected Growth Rate?
The cattle feeds market has grown considerably in recent years. It will increase from $85.87 billion in 2024 to $93.3 billion in 2025 at…
Beef Market SWOT Analysis by Key Players: Cactus Feeders, Cargill Cattle Feeders …
A new business intelligence report released by HTF MI with title "COVID-19 World Beef Market Research Report (by Product Type, End-User / Application and Regions / Countries)" is designed covering micro level of analysis by manufacturers and key business segments. The COVID-19Beef Market survey analysis offers energetic visions to conclude and study market size, market hopes, and competitive surroundings. The research is derived through primary and secondary statistics sources and…
Compound Cattle Feedstuff Market – Insights On Future Scope 2028 | MSMD Resour …
Market Outlook
Changing consumer preference for dairy products among consumers have fuelled demand for compound cattle feedstuff. To offer nutrition-dense dairy products, farmers are focusing on feeding the livestock with highly nutritious diet. Leading manufacturers are concentrating on producing compound cattle feedstuff products that cater to the diet for young, adult, dry, milk producing, and pregnant animals. In addition, manufacturers are utilizing various concentrate feed ingredients such as grains, brans, protein…
Compound Cattle Feedstuff Market - Prominent Trends Landscape 2028 | MSMD Resour …
Market Outlook
Changing consumer preference for dairy products among consumers have fuelled demand for compound cattle feedstuff. To offer nutrition-dense dairy products, farmers are focusing on feeding the livestock with highly nutritious diet. Leading manufacturers are concentrating on producing compound cattle feedstuff products that cater to the diet for young, adult, dry, milk producing, and pregnant animals. In addition, manufacturers are utilizing various concentrate feed ingredients such as grains, brans, protein…
Beef Market to Witness Huge Growth by 2023 | Cactus Feeders, Cargill Cattle Feed …
HTF MI recently introduced Global Beef Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Friona Industries, L.P, Cactus Feeders, Cargill Cattle Feeders, Cattle Empire LLC, J.…
