A Global Farm Management Software Market Research Report from Emergen Research has been formulated by analyzing key business details and an extensive geographic spread of the Farm Management Software industry, encompassing key business details and extensive geographical coverage. In addition to providing crucial statistical data about the Farm Management Software market, this study covers qualitative and quantitative aspects of the Farm Management Software market. In addition to historical data from 2017 to 2018, the research study provides an accurate forecast until 2027 for the Farm Management Software market. A comprehensive analysis of established and emerging players in the market is summarized in the report. The report also covers the business overview, the product portfolio, and the strategic alliances and expansion strategies of the companies.
The global farm management software market size is expected to reach USD 9.50 Billion in 2032 and register a steady revenue CAGR of 14.7% during the forecast period, according to the latest analysis by Emergen Research. Increasing initiatives by governments pertaining to digitalization of the agricultural industry can be attributed to steady revenue growth of the farm management software market. For instance, the main idea of the India Digital Environment of Agriculture (IDEA) framework, which would establish the architecture for the federated farmers database, has been finalized by the government. Also, the department’s scheme-related datasets have been integrated. The IDEA would act as a base for developing creative, agri-focused solutions that make use of cutting-edge technologies to significantly improve India’s agricultural ecosystem. This ecosystem will assist the government in making plans that would increase agricultural productivity overall and the income of farmers in particular. Under the National e-Governance Plan for Agriculture (NeGP-A), monies are made available to the State(s)/UT(s) for projects involving the utilization of cutting-edge technology including Artificial Intelligence (AI), Machine Learning (ML), and big data, Robotics, Drones, Data Analytics, Block Chain, and others.
Due to movement restrictions and lockdowns due to the current COVID-19 pandemic, the growth of the Farm Management Software industry is expected to be negatively affected. In addition to the impact of the COVID-19 pandemic on numerous global markets, the Farm Management Software industry is expected to feel the effect as well. The slowdown in economic growth and dynamic changes in demand will further affect industry growth. The report covers the impact analysis of the COVID-19 pandemic on the overall Farm Management Software industry.
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Global Farm Management Software Market Highlights:
- Regional demand estimation and forecast
- Product Mix Matrix
- R&D Analysis
- Cost-Benefit Analysis
- Pre-commodity pricing volatility
- Supply chain optimization analysis
- Technological updates analysis
- Raw Material Sourcing Strategy
- Competitive Analysis
- Mergers & Acquisitions
- Location Quotients Analysis
- Carbon Footprint Analysis
- Patent Analysis
- Vendor Management
Competitive Landscape:
The latest study provides an insightful analysis of the broad competitive landscape of the global Farm Management Software market, emphasizing the key market rivals and their company profiles. A wide array of strategic initiatives, such as new business deals, mergers & acquisitions, collaborations, joint ventures, technological upgradation, and recent product launches, undertaken by these companies has been discussed in the report. The report analyzes various elements of the market’s competitive scenario, such as the regulatory standards and policies implemented across the industry over recent years. Our team of experts has leveraged several powerful analytical tools, such as Porter’s Five Forces analysis and SWOT analysis, to deliver a comprehensive overview of the global Farm Management Software market and pinpoint the fundamental growth trends.
Agrivi, Granular Inc., Trimble Inc., Topcon, Raven Industries, Inc., AgJunction, Agworld Pty Ltd., Farmers Edge Inc., Climate LLC., IBM
Key Parameters Analyzed in This Section:
- Company Profiles
- Gross Revenue
- Profit margins
- Product sales trends
- Product pricing
- Industry Analysis
- Sales & distribution channels
Regional Segmentation:
- North America
- Latin America
- Europe
- Middle East & Africa
- Asia Pacific
Key Points Covered in This Section:
- Regional contribution
- Estimated revenue generation
- Vital data and information about the consumption rate in all the leading regional segments
- An expected rise in market share
- Forecast growth in the overall consumption rate
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Product Type Segmentation & Application Segmentation:
-
Offering Outlook (Revenue, USD Billion; 2019–2032)
- On-Cloud
- On-Premises
- Data Analytics Services
-
Farm Production Planning Outlook (Revenue, USD Billion; 2019–2032)
- Pre-Production Planning
- Production Planning
- Post-Production Planning
-
Farm Size Outlook (Revenue, USD Billion; 2019–2032)
- Large Farms
- Medium Farms
- Small Farms
Report Highlights:
- Besides offering a vivid depiction of the global Farm Management Software business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
- The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years (2020-2027).
- The report scrutinizes the salient factors influencing the growth of the market in the near future.
- The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.
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Author: Komal Shinde
