Global Horse Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Horse Software Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Horse software helps manage horse farms and horse breeding facilities by keeping detailed records of horse information, tracking expenses, veterinary visits, training and competition results, and maintaining pedigree records.

Market Overview:

The latest research study on the global Horse Software market finds that the global Horse Software market reached a value of USD 181.14 million in 2022. It’s expected that the market will achieve USD 305.81 million by 2028, exhibiting a CAGR of 9.12% during the forecast period.

With the rapid spread of pandemic severity, Canadian Equestrian Sports (EC) and provincial and regional sports organizations (PTSOs) suggested on March 20th that all facilities holding equestrian-related activities would stop public-oriented activities and unnecessary activities until the above-mentioned government departments approved them as green. As events of various scales are shelved, the wave of canceling and postponing announcements begins to sweep. Courses, camps, clinics, conferences and competitions from local school performances to major national and international events have been canceled or postponed, resulting in large-scale events and activities related to horses, the list of which is affected by the global pandemic. The whole equestrian industry needs different levels of adaptation, which is difficult to show clearly in all fields. Some enterprises have to lay off employees and work with the least number of employees. However, it is still necessary to bear the cost of caring for horses, which increases the challenges and pressures faced by every horse owner and equestrian facility in China.

Technical assistance

The integration of various digital technologies such as the Internet of Things and artificial intelligence with various global supply chains will promote the development of Horse Software market. Due to advanced operation technology, the industry is adopting digital supply chain management options. These intelligent technologies will improve product quality and asset efficiency, and eliminate human and machine errors. In addition, smart devices have become the preferred working channel for employees, which leads to more and more management software being adopted and implemented. The application of software in horse industry meets the requirements of intelligence and production and operation, which is conducive to the further development of horse industry and improves the efficiency of decision-making and the transparency of the system and production and operation. It is expected that this will create a favorable environment for the growth of Horse Software market.

Growth of horse industry

Horse industry is a growing industry. Riding clubs have become more common. In recent years, people's contact with horses has been further enhanced, and the growth of horse industry has promoted the increase of the downstream Horse Software market. Horse Software can manage all the information about horse health and training, veterinary database, horse owner, horse breed combination and task allocation among stable workers by using horse farm management solution. In addition, Horse Software can integrate the whole horse industry and lifestyle into one place. Many Horse Software comes with a horse care application that enables customers to track and monitor the health and care of their horses. In addition, more and more people are involved in horse management. With the help of Horse Software, trainers, veterinarians, hoof smiths, boarders and other horse service providers can be directly connected to customers to ensure the safety and health of horses.

Region Overview:

North America had the highest growth rate of all regions.

Company Overview:

Ardex Technology is one of the major players operating in the Horse Software market, holding a share of 8.04% in 2021.

Ardex Technology

Ardex Technology is a boutique software development house specializing in software for the Horse Racing and Breeding Industries. Founded in 1998, Ardex Technology is the leading provider of horse, owner and financial management software to the Australian Equine Industry.

CRIO Online

Crio Online is a fully featured equine management software designed to serve startups, SMEs, agencies, and enterprises. This cloud-based horse software encompasses Expense Tracking, Billing and Invoicing, Breeding Management, Horse Database, Client Database in one place.

Segmentation Overview:

Among different product types, On-premise segment is anticipated to contribute the largest market share in 2027.

Application Overview:

The market's largest segment by application is the segment Large Enterprises, with a market share of 54.15% in 2021.

Key Companies in the global Horse Software market covered in Chapter 3:

Ardex Technology
Contracto Horse
HorseLogs
Equicty
Horsebills
Paddock Pro
CRIO Online
Prism
HiMARKS
Equine Genie
BarnManager
Equisoft Live

In Chapter 4 and Chapter 14.2, on the basis of types, the Horse Software market from 2018 to 2029 is primarily split into:

Cloud-based
On-premise

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Horse Software market from 2018 to 2029 covers:

Large Enterprises
Small and Medium-sized Enterprises (SMEs)

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)