The Farm Management Software Developers industry has become increasingly useful to farmers and agribusiness. Because crop prices and input costs fluctuate greatly each year, customers use industry products to smooth out volatile revenue and reduce their exposure to unsteady profit margins. With oil prices forecast to continue rising during the coming years and as corn continues to grow in importance as an input in ethanol, farm management software is expected to become more essential to farmers across the agricultural sector.
Companies in this industry manufacture components and develop software for agricultural information and management systems. Agricultural information systems can be used to gather and analyze information for field usage, crop condition, staff and fertilizer, agricultural chemical and water usage, and yield and quality.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.