Global Farm Management Software and Data Analytics Market Analysis 2022
The Global Farm Management Software and Data Analytics Market is expected to reach $4.72 billion by 2028 growing at a CAGR of 20.6% from 2021 to 2028. Farm management software and data analytics solutions object to growing the comfort in farm operations for the farmers. This software upsurge transparency in the field and decline the chances of crop failure. Through farm management software, a farmer has complete information on all field activities, which can be managed through software accessed through a mobile phone or a tablet. Some of the primary benefits related to farm management software and data analytic solutions in the agricultural field include yield monitoring and field mapping, crop scouting, weather tracking, and forecasting, irrigation management, and farm economics.
Factors such as increased government initiatives toward the upliftment of the market and increasing awareness regarding benefits of organic foods and their subsequently growing consumption are driving the growth of the market. However, threat to farm data security and privacy are restraining the growth of the market.
Based on product, the software segment is going to have a lucrative growth during the forecast period which can be attributed to the benefits of affordable pricing models, integration, scalability, and accessibility associated with software solutions. Moreover, global IT companies such as IBM are offering software solutions and big data analytics for precision farming techniques.
The key vendors mentioned are 365FarmNet, ABACO Group UK, Ag Leader Technology, AGCO Corporation, AgJunction, AGRIVI, Agroptima, Agworld Pty Ltd, BASF SE, Bushel Inc., CLAAS KGaA mbH, CNH Industrial N.V., CropIn Technology Solutions Private Limited, CropX Inc., Deere & Company, EFC Systems, Farmers Edge Inc., Granular, Inc., Hexagon Agriculture, IBM Corporation, Raven Industries Inc., SourceTrace, The Climate Corporation, Topcon, Trimble Inc.
Products Covered:
- Software
- Platform-As-A-Service
- Precision Farming
- Livestock Monitoring and Management
- Indoor Farming
- Aquaculture
- Alternative Farming
- North America
- Europe
- Asia Pacific
- South America
- Middle East & Africa
- How this market evolved since the year 2020
- Market size estimations, forecasts and CAGR for all the segments presented in the scope
- Key Market Developments and financials of the key players
- Opportunity Analysis for the new entrants
- SWOT Analysis of the key players
- Fastest growing markets analyzed during the forecast period
- 1 Market Synopsis
- 2 Research Outline
- 2.1 Research Snapshot
- 2.2 Research Methodology
- 2.3 Research Sources
- 2.3.1 Primary Research Sources
- 2.3.2 Secondary Research Sources
- 3 Market Dynamics
- 3.1 Drivers
- 3.2 Restraints
- 4 Market Environment
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Farm Management Software and Data Analytics Market, By Product
- 5.1 Introduction
- 5.2 Software
- 5.3 Platform-As-A-Service
- 6 Global Farm Management Software and Data Analytics Market, By Application
- 6.1 Introduction
- 6.2 Precision Farming
- 6.3 Livestock Monitoring and Management
- 6.4 Indoor Farming
- 6.5 Aquaculture
- 6.6 Alternative Farming
- 7 Global Farm Management Software and Data Analytics Market, By Geography
- 7.1 Introduction
- 7.2 North America
- 7.3 Europe
- 7.4 Asia Pacific
- 7.5 South America
- 7.6 Middle East & Africa
- 8 Strategic Benchmarking
- 9 Vendors Landscape
- 9.1 365FarmNet
- 9.2 ABACO Group UK
- 9.3 Ag Leader Technology
- 9.4 AGCO Corporation
- 9.5 AgJunction
- 9.6 AGRIVI
- 9.7 Agroptima
- 9.8 Agworld Pty Ltd
- 9.9 BASF SE
- 9.10 Bushel Inc.
- 9.11 CLAAS KGaA mbH
- 9.12 CNH Industrial N.V.
- 9.13 CropIn Technology Solutions Private Limited
- 9.14 CropX Inc.
- 9.15 Deere & Company
- 9.16 EFC Systems
- 9.17 Farmers Edge Inc.
- 9.18 Granular, Inc.
- 9.19 Hexagon Agriculture
- 9.20 IBM Corporation
- 9.21 Raven Industries Inc.
- 9.22 SourceTrace
- 9.23 The Climate Corporation
- 9.24 Topcon
- 9.25 Trimble Inc.
- List of Data Tables
- Table 1 Global Farm Management Software and Data Analytics Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Farm Management Software and Data Analytics Market Outlook, By Product (2020-2028) ($MN)
- Table 3 Global Farm Management Software and Data Analytics Market Outlook, By Software(2020-2028) ($MN)
- Table 4 Global Farm Management Software and Data Analytics Market Outlook, By Platform-As-A-Service (2020-2028) ($MN)
- Table 5 Global Farm Management Software and Data Analytics Market Outlook, By Application (2020-2028) ($MN)
- Table 6 Global Farm Management Software and Data Analytics Market Outlook, By Precision Farming (2020-2028) ($MN)
- Table 7 Global Farm Management Software and Data Analytics Market Outlook, By Livestock Monitoring and Management (2020-2028) ($MN)
- Table 8 Global Farm Management Software and Data Analytics Market Outlook, By Indoor Farming (2020-2028) ($MN)
- Table 9 Global Farm Management Software and Data Analytics Market Outlook, By Aquaculture (2020-2028) ($MN)
- Table 10 Global Farm Management Software and Data Analytics Market Outlook, By Alternative Farming (2020-2028) ($MN)
- Table 11 North America Farm Management Software and Data Analytics Market Outlook, By Product (2020-2028) ($MN)
- Table 12 North America Farm Management Software and Data Analytics Market Outlook, By Application (2020-2028) ($MN)
- Table 13 Europe Farm Management Software and Data Analytics Market Outlook, By Product (2020-2028) ($MN)
- Table 14 Europe Farm Management Software and Data Analytics Market Outlook, By Application (2020-2028) ($MN)
- Table 15 Asia Pacific Farm Management Software and Data Analytics Market Outlook, By Product (2020-2028) ($MN)
- Table 16 Asia Pacific Farm Management Software and Data Analytics Market Outlook, By Application (2020-2028) ($MN)
- Table 17 South America Farm Management Software and Data Analytics Market Outlook, By Product (2020-2028) ($MN)
- Table 18 South America Farm Management Software and Data Analytics Market Outlook, By Application (2020-2028) ($MN)
- Table 19 Middle East & Africa Farm Management Software and Data Analytics Market Outlook, By Product (2020-2028) ($MN)
- Table 20 Middle East & Africa Farm Management Software and Data Analytics Market Outlook, By Application (2020-2028) ($MN)
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