Press release
Digital Farming Software Market Forecast 2025-2034: Comprehensive Analysis And Growth Opportunities
Digital Farming Software Market Size
What Is the Projected Growth of the Digital Farming Software Market?
The digital farming software market is expected to grow from $7.02 billion in 2024 to $8.2 billion in 2025 at a CAGR of 16.9%. The growth is driven by the need for food security, the demand for sustainable agriculture, increased food production requirements, climate change challenges, and the need for efficient farming solutions.
The digital farming software market will grow to $15.09 billion by 2029, at a CAGR of 16.5%. Growth drivers include government support, agritech growth, sustainability concerns, and food security needs. Key trends include cloud platform adoption, AI and machine learning integration, mobile applications, big data analytics, and advancements in sensor and IoT technologies.
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What Are the Different Digital Farming Software Market Segments?
The digital farming software market covered in this report is segmented -
1) By Components: Software, Services
2) By Technology: Remote Sensing, Guidance Technology, Variable Rate Technology, Machine Learning, Wireless Connectivity, Other Technologies
3) By Applications: Drone Analytics, Precision Farming, Agriculture Robots, Livestock Monitoring, Greenhouse Management, Supply Chain Management, Financial Management, Other Applications
Subsegments:
1) By Software: Farm Management Software, Precision Agriculture Software, Livestock Management Software, Irrigation Management Software, Crop Monitoring And Forecasting Software
2) By Services: Consulting Services, Installation And Integration Services, Training And Support Services, Data Analytics And Cloud Services
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What Are the Primary Drivers Shaping the Digital Farming Software Market?
The rising demand for sustainable agriculture is expected to accelerate the growth of the digital farming software market. Sustainable agriculture involves practices that meet the current food needs without compromising future generations' ability to do the same. This includes organic farming and resource-efficient methods. As awareness of environmental impact increases, alongside the preference for ethically produced food, sustainable agriculture is gaining traction. Digital farming software supports this shift by optimizing resource use, monitoring crop and soil health, and enabling precision farming. For example, in February 2024, the Research Institute of Organic Agriculture reported that Africa saw a 4.9% increase in certified organic agricultural land in 2022. This growing demand for sustainability is fueling the digital farming software market.
Which Companies Are Leading in the Digital Farming Software Market?
Major companies operating in the digital farming software market are Bayer AG, Deere & Company, Yara International ASA, Granular Inc., AGCO Corporation, CropX Inc., Trimble Inc., Topcon Positioning Systems Inc., Raven Industries Inc., Iteris Inc., Ag Leader Technology Inc., Taranis Visual Ltd., FarmWise Labs Inc., Farmers Edge Inc., Agworld Pty Ltd, FieldIn Ltd., Agrian Inc., Farmobile LLC, FarmLogs Inc., AgJunction Inc., AgriWebb Pty Ltd., Prospera Technologies Ltd., SST Software, Arable labs Inc., Gamaya SA, VanderSat B.V., Farmwave LLC, CropIn Technology Solutions Pvt Ltd., FluroSat Pty Ltd
What Trends Are Driving Growth in The Digital Farming Software Market?
In the digital farming software market, key players are advancing precision farming techniques with solutions like AI-powered agri-intelligence to boost agricultural productivity. For example, in June 2022, Cropin, a US-based company, launched Cropin Cloud, the first purpose-built cloud platform for agriculture. It integrates AI-powered insights with accessible data sources to digitize agriculture, supporting scalable solutions for agribusinesses and governments and enhancing decision-making through clean data and machine-learning models.
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What Are the Top Revenue-Generating Geographies in the Digital Farming Software Market?
North America was the largest region in the digital farming software market in 2023. The regions covered in the digital farming software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Digital Farming Software Market?
2. What is the CAGR expected in the Digital Farming Software Market?
3. What Are the Key Innovations Transforming the Digital Farming Software Industry?
4. Which Region Is Leading the Digital Farming Software Market?
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