Farm Management Software and Data Analytics Market Key Players Analysis - 365FarmNet GmbH, AgJunction, AGCO Corporation, Ag Leader Technology, Inc.

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global Farm Management Software and Data Analytics Market- By Solution (Software (On-Cloud Software, On-Premise Software), Platform-as-a-Service), By Application (Precision Crop Farming (Yield Monitoring and Farm Mapping, Crop Scouting, Weather Tracking and Forecasting, Irrigation Management, Farm Economics, Others), Livestock Monitoring & Management (Milk Harvesting, Animal Health Monitoring and Comfort, Feeding Management, Heat Stress and Fertility Monitoring, Others), Indoor Farming (HVAC Management, Lighting Management, Plant Development Monitoring, Others), Aquaculture (Feed Management, Aquatic Species Tracking and Navigation, Water Quality Management, Others), Others), By Farm Produce (Cereals, Oil Crops, Fibre Crops, Pulses, Fruits, Vegetables, Tree Nuts, Roots and Tubers), Trends, Industry Competition Analysis, Revenue and Forecast To 2031."

According to the latest research by InsightAce Analytic, the global Farm Management Software and Data Analytics Market is valued at US$ 3.61 Bn in 2022, and it is expected to reach US$ 12.79 Bn by 2031, with a CAGR of 15.52% during a forecast period of 2023-2031.

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Farm management software and data analytics have become indispensable components of modern agricultural practices, enabling the efficient handling of extensive data generated across farming operations. This data encompasses vital parameters such as plant health, soil composition, irrigation levels, weather trends, and temperature variability. The deployment of advanced technologies within farm management systems has significantly reduced reliance on manual processes while enhancing the ability to prevent crop failures.

These digital solutions facilitate a broad spectrum of agricultural activities, including crop planning, field scouting, real-time data analysis, yield assessment, climate forecasting, field mapping, irrigation management, and farm financial optimization. The market is experiencing robust growth, propelled by continuous innovation in AI-driven agricultural technologies, the pressing need to increase crop yields, and supportive government policies promoting data-centric farming approaches.

Further contributing to this momentum are ongoing advancements in agricultural management platforms and a rising level of digital literacy among farmers regarding the advantages of such tools. Moreover, the disruptions caused by the COVID-19 pandemic to global agricultural supply chains have accelerated investments in more sophisticated and user-friendly farm management systems. This shift is anticipated to persist, ensuring continued growth in demand for integrated farm management software solutions.

Some Major Key Players In The Farm Management Software and Data Analytics Market:
• 365FarmNet GmbH
• AgJunction
• AGCO Corporation
• Ag Leader Technology, Inc.
• Agrinavia
• Agroptima
• aWhere, Inc.
• BASF SECLAAS Group
• CNH Industrial N.V.
• CropIn Technology Solutions Pvt. Ltd
• CropX Inc.
• Deere & Company
• DICKEY-john
• EFC Systems Limited.
• Farmers Edge Inc.
• FarmLogs
• Granular Inc.
• Hexagon Agriculture
• IBM Corporation
• Iteris, Inc.
• Kubota Corporation
• Microsoft Corporation
• Raven Industries Inc.
• SourceTrace Systems
• SST Development Group Inc.
• The Climate Corporation (A Bayer AG Company)
• Topcon Corporation
• Trimble Inc.
• Afimilk Ltd.
• AgriWebb
• BouMatic LLC.
• Connecterra B.V.
• Dairymaster
• DeLaval
• Evonik Industries AG
• Fullwood Packo.
• GEA Group.
• ISAGRI
• Lely S.A.R.L.
• Valley Agricultural Software
• Artemis
• Infarm - Indoor Urban Farming Gmbh
• Lettus Grow Ltd.
• MotorLeaf Inc.
• Tenacious Solutions Ltd
• Aquabyte
• Aquanetix Ltd.
• Chetu Inc.
• Eruvaka Technologies
• XpertSea
• Other Prominent Players

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Market Dynamics
Drivers:
The growth of the farm management software and data analytics market is anticipated to be propelled by several key factors. These include the increasing adoption of farm management solutions by agricultural producers, ongoing innovations in AI-powered agricultural technologies, and the rising need to enhance crop productivity.

Furthermore, supportive government initiatives aimed at promoting digital agriculture, along with the integration of robotics, drones, and sensors into farming practices, are expected to accelerate market expansion. The growing awareness among farmers regarding the benefits of digital farm data management and the rising demand for automation in agricultural processes are also likely to contribute significantly to market growth.

Challenges:
Despite the positive outlook, the market faces certain constraints. Concerns over data security and privacy, along with economic limitations that may restrict farmers' ability to invest in digital solutions, are notable challenges. Additionally, the high upfront costs and uncertain return on investment associated with crop management software may deter widespread adoption, especially in regions where manual labor remains cost-effective.

The limited penetration of modern agricultural techniques-such as precision farming, smart greenhouse systems, and livestock monitoring-also hampers market growth. Moreover, many farmers in developing markets lack access to critical technologies such as yield monitoring, advisory tools, and variable rate applications.

Regional Trends:
The Asia-Pacific region is projected to dominate the global farm management software and data analytics market over the forecast period. This trend is largely attributed to robust governmental support for agricultural digitalization and a growing emphasis on the deployment of advanced technologies-including AI, robotics, drone systems, and cloud-based platforms-within the farming sector. Europe is also expected to emerge as a significant contributor to market development, driven by rising demand for productivity-enhancing solutions and the rapid implementation of AI-driven agricultural innovations.

Recent Collaborations And Agreements In The Market:
• In March 2023, 365FarmNet and UNIFORM-Agri partnered to provide dairy farmers with advanced herd management software, forming a comprehensive digital solution for farm management. The collaboration represented a notable advancement for 365FarmNet in meeting the needs of professional dairy farmers who sought to efficiently oversee their entire farm using a single software solution.
• In Jan 2023, Cropin, an agricultural data business headquartered in India, secured $13.7 million in Series D funding. Google and JSR Corporation were new investors in the round. In addition, the investors ABC Impact and Chiratae Ventures were also involved. The funds were used for the expansion of Cropin Cloud, the platform that consolidated the company's diverse applications and services for the agricultural sector.
• In Dec 2022, Raven Industries introduced two self-governing agricultural solutions, namely the Driverless Tillage Solution and the Driver Assist Harvest Solution, during CNH Industrial's Tech Day event in Phoenix, Arizona, 2022. These solutions enhanced the brand's existing Raven AutonomyTM portfolio by offering extra assistance across all stages of the cash crop production cycle, hence increasing the accessibility of future autonomy solutions for customers in many seasons.

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Market Segments
Global Farm Management Software and Data Analytics Market, by Solutions, 2023-2031 (Value US$ Mn)
• Software
o On-Cloud Software
o On-Premise Software
• Platform-as-a-Service
Global Farm Management Software and Data Analytics Market, by Application, 2023-2031 (Value US$ Mn)
• Precision Crop Farming
o Yield Monitoring and Farm Mapping
o Crop Scouting
o Weather Tracking and Forecasting
o Irrigation Management
o Farm Economics
o Others
• Livestock Monitoring & Management
o Milk Harvesting
o Animal Health Monitoring and Comfort
o Feeding Management
o Heat Stress and Fertility Monitoring
o Others
• Indoor Farming
o HVAC Management
o Lighting Management
o Plant Development Monitoring
o Others
• Aquaculture
o Feed Management
o Aquatic Species Tracking and Navigation
o Water Quality Management
o Others
• Others
Global Farm Management Software and Data Analytics Market, by Farm Produce, 2023-2031 (Value US$ Mn)
• Cereals
• Oil Crops
• Fibre Crops
• Pulses
• Fruits
• Vegetables
• Tree Nuts
• Roots and Tubers
Global Farm Management Software and Data Analytics Market, by Region, 2023-2031 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America Farm Management Software and Data Analytics Market, by Country, 2023-2031 (Value US$ Mn)
• U.S.
• Canada
Europe Farm Management Software and Data Analytics Market, by Country, 2023-2031 (Value US$ Mn)
• Germany
• UK
• France
• Italy
• Spain
• Rest of Europe
Asia Pacific Farm Management Software and Data Analytics Market, by Country, 2023-2031 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• South East Asia
• Rest of Asia Pacific
Latin America Farm Management Software and Data Analytics Market, by Country, 2023-2031 (Value US$ Mn)
• Brazil
• Argentina
• Rest of Latin America
Middle East & Africa Farm Management Software and Data Analytics Market, by Country, 2023-2031 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Read Overview Report- https://www.insightaceanalytic.com/report/farm-management-software-and-data-analytics-market/2283

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This release was published on openPR.