Global Farm Management Software Market Insights and Forecast to 2028

Farm Management Software Market Statistics 2028

The global farm management software market size is projected to reach US$ 1982.8 million by 2028, from US$ 921.4 million in 2021, at a CAGR of 11.4% during 2022-2028. Factors such as growing awareness and increased application of cloud computing in real-time agricultural data management, growing population, and the concomitant rise in global food consumption will propel the farm management software market forward.

The expansion of the farm management software market is also being driven by government funding to encourage the use of new agricultural techniques and a focus on monitoring livestock performance, precision farming, fish farming, smart greenhouses, and other methods to boost farm efficiency.

Global Farm Management Software Market Trends

Global food demand is increasing at an alarming rate. Farmers are becoming more aware of the benefits of cloud computing and web-based farm management tools. Precision farming is gaining popularity because it increases agricultural productivity and reduces resource waste. The software aids in the comparison and mapping of seed kinds, providing real-time information on specific yield locations. It can follow the flow of commodities from manufacturers to warehouses, as well as assist in the storage of farm produce. Weather updates via GPS, soil analysis, and built-in accounting aid in keeping track of overall revenue and profitability. In the approaching years, these factors will propel the farm management software market forward.

The worldwide farm management software market will benefit from favorable government backing and technical advancements. The program is often used to keep detailed records of the livestock's identification, breeding, and lineage. It contains vital information about sales, location, health, performance, weight, and other aspects of animal care. Daily farm activities may be tracked, and remote access allows you to keep an eye on things while you're away from home. Farmers can sell their products online without the involvement of a middleman. Furthermore, e-consultation provides universal access to experts in the event of an emergency.

Fish farming is becoming more popular around the world as global commercial fish consumption rises. The program is used to keep track of inventory, analyze water quality, set feeding levels, and determine the best harvest times. Farmers can get information on individual fish data, population statistics, and breeding trends through built-in tracking systems. The actual investment in generating a full fish population is supplied in visual aids with clear dashboards, making the cost of goods sold and expense monitoring simple. Farmers can use historical data from the aquaculture facility to better manage their operations and meet production demands. These factors will help the farm management software market flourish.

The introduction of IoT sensors and predictive analytics will boost the worldwide farm management software market's growth potential. Huge amounts of data are supplied into an IoT-integrated platform that provides on-demand information on crops and their surroundings 24 hours a day, seven days a week. The algorithms provide precise analysis of HVAC, lighting, temperature, humidity, irrigation, and spraying systems. This allows growers to increase labor efficiency and reduce chemical use while increasing output rates.

Farm Management Software Market Share Analysis

Because the interface is easy to use, safe, and readily available on smartphones, computers, tablets, and other devices, the location/web-based segment is likely to maintain dominance in the farm management software market share.

Precision farming will develop significantly in terms of application due to the growing demand for improved crop output and profitability.

Due to increased farmer awareness, booming internet usage, and the presence of significant farm management software service providers, North America is likely to have the fastest growth in farm management software market share. Asia-Pacific, on the other hand, will grow at the quickest rate because of its large population and rising demand for modern agricultural products.

Segment by Type

• Local/Web Based Farm Management Software
• Cloud Based Farm Management Software

Segment by Application

• Precision Farming
• Livestock Monitoring
• Fish Farming
• Smart Greenhouse Farming

BY COMPANY

• Deere & Company
• Trimble, Inc.
• Agjunction, Inc.
• Raven Industries, Inc.
• Iteris, Inc.
• AG Leader Technology
• Dickey-John Corporation
• Sst Development Group, Inc.
• Topcon Positioning Systems, Inc
• The Climate Corporation
• Conservis Corporation
• Farmers Edge Inc.
• Delaval
• Gea Group AG
• Boumatic LLC
• Start-Up Ecosystem

BY REGION

• North America
• United States
• Canada
• Europe
• Germany
• France
• UK
• Italy
• Russia
• Nordic Countries
• Rest of Europe
• Asia-Pacific
• China
• Japan
• South Korea
• Southeast Asia
• India
• Australia
• Rest of Asia
• Latin America
• Mexico
• Brazil
• Rest of Latin America
• Middle East & Africa
• Turkey
• Saudi Arabia
• UAE
• Rest of MEA

Scope of the Farm Management Software Market Report