Global Farm Management Software Market 2021-2025
Technavio has been monitoring the farm management software market and it is poised to grow by $ 2.88 bn during 2021-2025 progressing at a CAGR of 20% during the forecast period. Our report on farm management software market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the growing popularity of precision farming and increase in data management requirements in farming. In addition, growing popularity of precision farming is anticipated to boost the growth of the market as well.
The farm management software market analysis includes application segment, deployment segment and geographical landscapes.
Technavio's farm management software market is segmented as below:
- By Application
- Precision farming
- Livestock monitoring
- By Geography
- North America
- South America
- By Deployment
This study identifies the rising pressure of meeting food demand with limited resources as one of the prime reasons driving the farm management software market growth during the next few years.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on farm management software market covers the following areas:
- Farm management software market sizing
- Farm management software market forecast
- Farm management software market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading farm management software market vendors that include Ag Leader Technology, AGCO Corp., AgJunction Inc., CLAAS Group, Deere & Co., DeLaval Inc., Silvacom Ltd., The Climate Corp., The Dow Chemical Co., and Trimble Inc.. Also, the farm management software market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.