Global Farm Management Software Market Size, Share, and Trends Analysis Report, By Type (Local/Web-Based, and Cloud-Based(Software as a Service (SaaS), and Platform as a Service (PaaS))), and By Application (Precision Farming, Livestock Monitoring, Smart Greenhouse, Aquaculture, and Others), Forecast Period (2022-2028)

The global farm management software market is anticipated to grow at a significant CAGR of 18.2% during the forecast period (2022-2028). Farm management software gives farmers a comprehensive picture of several farm activities and inputs through a single platform, allowing them to plan efficiently, track activities in real-time, and make the best decisions possible. According to the International Labor Organization, in 2017, 28.81% of agricultural human resources in the US were skilled. In 2018, this dropped to 28.40%, and in 2019, it dropped to 28.26%. Farm management software helps farmers in boosting their productivity, identifying the current problem, and technologically assisting agriculture requirements.

The market is being driven by a number of factors, including dwindling arable land and an ever-increasing global population. Furthermore, according to the World Bank’s database, agricultural employment has decreased dramatically from 29.43% in 2014 to 26.75% in 2019. As a result, the scarcity of farm labor, along with the shrinking area of arable land, is expected to increase the use of farm management software among farmers.

The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, in order to stay competitive in the market. For instance-

• In April 2021, Cropin Technology Solutions Pvt. Ltd.launched its first international office in Amsterdam.
• In March 2020, to provide precision agriculture solutions in the Asia-Pacific area, AgJunction Inc. teamed with GeoSurf (GeoSurf) and Anhui Zhongke Intelligent Sense and Big Data Industrial Technology Research Institute Co. Ltd (ISTI).
• In September 2019, Syngenta completed the acquisition of the Cropio Group’s key assets, an Ag-Tech firm that provides end-to-end software solutions for imaging, record keeping, and equipment tracking.
• In April 2019, Pinnacle Agriculture Distribution Inc. and the Climate have formed a collaboration. The customerbase of Climate Corp. may grow as a result of this collaboration agreement.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

· Competitive Landscape- Raven Industries, Inc., Trimble Inc., Topcon Corp., Cropio Group, and Relex Group, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Farm Management Software Market Report by Segment

By Type

• Local/Web-Based
• Cloud-Based
  • (Software as a Service (SaaS)
  • Platform as a Service (PaaS)

By Application

• Precision Farming
• Livestock Monitoring
• Smart Greenhouse
• Aquaculture
• Others

Global Farm Management Software Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa