Global Farm Management Software Market Expected to Reach XX Million by 2025
According to a new report published by Reports Monitor titled, “Farm Management Software Market By Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Farm Management Software Market was valued at XX million in 2016, and is projected to reach at XX million by 2025, growing at a CAGR of XX% from 2017 to 2025. Asia Pacific dominates the Farm Management Software Market, both in terms of volume and value, and is expected to maintain this trend throughout the forecast period.
Farm management is a concept of making and implementing the decisions to elaborate in organizing and running a farm for maximum production and profit. This software offers various platforms that helps farmers to track activities in real-time and make better decisions, therefore it also reduces input and labour cost.
The factors riding the growth of the market includes increasing implementation of cloud computing in real-time farm data management and governments’ support to adopt modern agricultural techniques. The population is increasing day by day and the demand for food is also increasing throughout the globe, which may result in growth of the market.
The opportunity such as continuous increase in smartphones with farm management software may strengthen the growth of the market. There should be high-speed internet connectivity to create new opportunities in different geographic regions. The market has to face several challenges such as data management for effective decision making and lack of standardization for managing the agriculture data.
Key Question Answered:
-What will be the market size in 2025 and at what rate it will grow?
-Who are the major key players in the global farm management software market and what are their strategies?
-Which vertical industry is expected to show major growth?
-What segment and region will lead the market and why?
The major companies profiled in the report include: Deere & Company, Trimble, AgJunction, Raven Industries, AG Leader Technology, SST Development Group, DICKEY-john, Topcon Positioning Systems, The Climate Corporation, Iteris, DeLaval, BouMatic, Conservis, FARMERS EDGE, and GEA Group.
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