Farm Management Software Market Report 2021 Recent Development and Trends, Expected Growth and its Factors, CAGR, Industry Size, Business Prospects and Forecast 2025
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<h2 class="fe_heading2">Farm Management Software Market Report 2021 Recent Development and Trends, Expected Growth and its Factors, CAGR, Industry Size, Business Prospects and Forecast 2025</h2>
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Apr 13, 2021 (AmericaNewsHour) —
Kenneth Research has published a detailed report on Farm Management Software Market, which has been categorized by market size as well as growth indicators, and further encompasses detailed market analysis on macro trends and region-wise growth in North America, Latin America, Europe, Asia-Pacific and Middle East & Africa region. The report also includes the challenges that are affecting the growth of the industry and offers strategic evaluation that is required to boost the growth of the market over the period of 2021-2025.
<p>The <strong>Farm Management Software Market</strong> is estimated to record a significant growth throughout the forecast period. The ICT sector constitutes 4.8% of the European economy. Europe's organization ERDF i.e. European Regional Development Fund has allotted approximately <a href="/chart/US/M">USD</a> 23 billion for investments related to ICT during the funding period 2014-2020. ICT refers to the communication technologies including the internet, wireless networks, social networking, cell phones, video-conferencing, computers, software, and other media applications and services enabling users to access, retrieve, and manipulate information in a digital form.</p> <p>Market synopsis</p> <p>The farm management software and services market comprises of major applications that include record keeping, farm mapping, monitoring and forecasting, farm economics, and other applications. The farm management market is majorly driven by factors impacting the growth of the software and IT market such as growing demand for organic food and changing the lifestyle of people, profitability, and production with smart techniques implemented in farming. Additionally, the monitoring and observation of crops and <a href="/chart/LE/M">cattle</a> to yield additional production. The market for farm management software is expected to show a significant growth due to growing demand for a convenient cloud storage that has been widely incorporated in farm management software.</p> <p>Download Sample of This Strategic Report- <a href="https://www.kennethresearch.com/sample-request-10154436" rel="nofollow">https://www.kennethresearch.com/sample-request-10154436</a></p> <p>Apart from the management of crops, farm management software is also used for tax management, profit center analysis, cost accounting, inventory management, livestock management, and financial management. These additional services and features benefit farmers to keep monitored ROI and manage expenses revenue by tracking all the vital information. Various governments have started investing and taking initiative for the need and importance of the management software, thereby promoting farming and agriculture drive the growth of the market. However, higher initial capital investment and limited technical expertise are some of the factors restraining the market growth.</p> <p>Segmentation</p> <p>On the basis of the agriculture type, the market is segmented into precision farming, livestock monitoring, fish farming, smart greenhouse farming, and others.On the basis of the delivery model, the market is segmented into on-premise/web-based, and cloud-based.On the basis of service providers, the market is segmented into managed service providers (farm operation services, data services, and analytics services), professional service providers (supply chain management services and climate information services), connectivity service providers, maintenance, up gradation and support services.On the basis of the application, the market is segmented into record keeping, farm mapping, monitoring and forecasting, farm economics, and others.</p> <p>Regional analysis</p> <p>North America is expected to have the largest market share in the forecast period. This growth is due to the on-premise/web-based delivery model of farm management software. Additionally, the government amenability increased the need for farm yield, and growing demand for advanced farming solutions tends to drive the farm management software market. Farmers in countries like the U.S. and Canada are progressively accepting modern farming systems, components, and devices such as farm management software, mobile applications, cloud services, imagery services, hi-speed internet services, and data analytics services.</p> <p>However, Asia Pacific is the fastest growing market due to the on-cloud delivery model of the farm management software market. The rate of acceptance of farm management software is expected to be high as the Asia Pacific comprises of emerging countries such as India, China, and Southeast Asian countries. Increased government spending, improved standard of living, urbanization, and growing awareness among agriculturists regarding advanced farming solutions are some of the key drivers for the growth of the farm management software market in this region.</p> <p>Key players</p> <p>The key players in the global farm management software market include Deere & Company (U.S.), Trimble Inc (U.S.), AG Junction, Inc (U.S.), Raven Industries, Inc. (U.S.), Iteris, Inc. (U.S.), AG Leader Technology Inc (U.S.), Dickey-John Corporation (U.S.), SST Development Group, Inc. (U.S.), Topcon Positioning Systems, Inc.(U.S.) among others.</p> <p>Request For Full Report- <a href="https://www.kennethresearch.com/sample-request-10154436" rel="nofollow">https://www.kennethresearch.com/sample-request-10154436</a></p> <p>Global Farm Management Software Market, <a href="/chart/US/M">USD</a> Billion</p> <p>Intended Audience</p> <p>Farm Management Software services providers</p> <p>IT service providers</p> <p>Farm equipment manufacturers</p> <p>Government agencies</p> <p>Cloud Service providers</p> <p>Agriculture components manufacturers</p> <p>Value-added resellers</p> <p>Construction builders</p> <p>Research Firms</p> <p>About Kenneth Research:</p> <p>Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products' demand, growth and opportunities for new and existing players.</p> <p>Contact Us</p> <p>Kenneth Research<br />Email: Sales@kennethresearch.com<br />Phone: +1 313 462 0609</p> <p>The post <a rel="nofollow" href="https://www.americanewshour.com/2021/04/13/farm-management-software-market-report-2021-recent-development-and-trends-expected-growth-and-its-factors-cagr-industry-size-business-prospects-and-forecast-2025/644990/">Farm Management Software Market Report 2021 Recent Development and Trends, Expected Growth and its Factors, CAGR, Industry Size, Business Prospects and Forecast 2025</a> appeared first on <a rel="nofollow" href="https://www.americanewshour.com">America News Hour</a>.