Farm Management Software Market by Application (Precision Farming, Livestock, Aquaculture), Offering (On-cloud, On-premise, Data Analytics Services), Farm Size, Production Planning, and Geography (2021-2026)
[286 Pages Report] The global farm management software market is estimated to grow from USD 2.1 billion in 2021 to USD 4.2 billion by 2026 at a CAGR of 14.7% during 2021–2026.
The growth of the farm management software market is driven by factors such as increasing implementation of cloud computing in real-time farm data management, growing population and subsequent rise in demand for food worldwide, and strengthening of intellectual property rights over agricultural innovations. Government support to encourage the adoption of modern agricultural techniques and focus on monitoring livestock performance and health to increase farm efficiency are also driving the growth of the farm management software market.
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COVID-19 Impact on the Global Farm Management Software Market
The farm management software market includes key companies such as Trimble (US), Raven Industries (US), Topcon Positioning Systems (US), Granular Inc., A Corteva Agriscience Company (US), Agrivi (UK), AgJunction (US), Farmers Edge (Canada), Agworld (US), Deere & Company (US), IBM Corporation (US), SST Development Group (US), The Climate Corporation (US), Microsoft Corporation (US), Afimilk (Israel), Iteris (US), GEA Farm Technologies (Ukraine), CropX (Israel), Conservis (US), Cropio (Ukraine), CropIn (India), ec2ce (Spain), Gamaya (Switzerland), Connecterra (Netherlands), Aquabyte (US), and Eruvaka Technologies (India). These companies have their manufacturing facilities and corporate offices spread across various countries across Asia Pacific, Europe, North America, and RoW. The farm management software products manufactured by these companies are purchased by several stakeholders for various applications. COVID-19 not only impacted the operations of the various farm management software manufacturers companies, but also affected the businesses of their suppliers and distributers. The fail in export shipments and slow domestic demand for farm management software in comparison to pre COVID-19 levels is also expected to negatively impact and slightly stagnate the demand for farm management software in short term. The key companies operating in this market, have aslso witnessed the impact of the pandemic in their order intakes for farm management software during the first half of 2020.
Farm management software market Dynamics
Driver: Increasing implementation of artificial intelligence and machine learning for real-time farm data management
The growth of the farm management software market is largely driven by the increasing agricultural activities and growing need for real-time data for decision-making. Artificial intelligence and machine learning are becoming the mainstream technologies for various farming applications, such as precision farming, livestock monitoring, fish farming, and smart greenhouse practices. They manage the data exchanged between hardware equipment and individuals to streamline the farm management process.
In the farm management framework, the major focus is on understanding the environment by analyzing data generated through different farm management equipment such as global positioning systems (GPS), satellite imaging, and in-field sensors. Data management in agriculture plays a vital role as the management decisions are based on the real-time data analysis derived from the farm activities. The penetration of artificial intelligence and machine learning has enabled real-time access to data that simplifies data management activities such as planning, purchasing, feeding, harvesting, marketing, and inventory control. Real-time data taken from agricultural farms help with analysis and decision-making.
Restraint: Limited technical expertise and advanced infrastructure in developing regions
Some farmers witness difficulties in understanding the process to use farm management software, agricultural data handling, and its use in decision-making, which acts as a restraining factor for the growth of the farm management software market. Farm management software solutions are used for real-time data analysis of various farming activities to increase profits and reduce the loss. In agriculture management, the use of farm management software solutions requires technical knowledge. The farmer or the grower needs to have a substantial understanding of the process to use these software in an effective manner. Though being economically capable of installing these systems, farmers are not able to use these systems due to the lack of technical know-how. To reduce its impact, different governments and market players are providing training and consultation to the farmers to use these systems with ease. Currently, the impact of this factor is high, as a result, the majority of the farmers are reluctant to adopt these farm management software. The future impact of this restraining factor is expected to reduce considering major market players are coming forward to provide training, consultation, and guidance sessions to the farmers and boost their confidence to use farm management software. Also, the software designers are focusing on providing user-friendly solutions to reduce the complexity of the farm management software systems and minimize the consultation costs for farmers.
Opportunity: Rapid adoption of smart farming technologies
The global agriculture industry has witnessed tremendous advancements in smart farming technologies in recent years. Rising pressure to meet the increasing food demand with limited resources is one of the major factors responsible for the growing adoption of cutting-edge technologies, such as Internet of Things (IoT), artificial intelligence (AI), drones, and hyperspectral imaging, by farm owners. The use of these technologies in farming helps increase production; enhance production efficiency; minimize wastage of resources; improve accuracy, and precision, while providing high profitability to farm owners.
Artificial intelligence (AI) is a promising technology capable of catering to the ongoing food demand from the agricultural industry through increased production. AI solutions improve the efficiency of agricultural operations by providing insights. The combination of IoT and advanced analytics through AI allows farmers to analyze real-time data related to weather conditions, temperatures, moistures, and crop prices in the market. AI technologies are also helping farmers to quickly and accurately pinpoint a problem using drones and robots by identifying anomalies within a field accurately and concisely. Advanced software captures thousands of visible and infrared images of each field and feeds them into an algorithm, which compiles them into a single image of the field to show which areas are damaged or require more nutrients. Once the extent of the problem has been identified in a field, farmers can focus on treating those affected areas, ultimately helping them increase efficiency and productivity.
Challenge: Management of data for productive decision-making through single digital platform
Management of data of various farm activities is a major challenge for the growth of the farm management software market. A large amount of data is regularly generated by using farm management software solution. The data obtained from the farms using agricultural tools is of high importance as it helps farmers in effective decision-making. This data needs to be stored and managed in a proper format to make farming-related decisions such as mapping, variable rate seeding, soil testing, yield monitoring, and historical crop rotation. Once the data is collected data in a raw form, it is sent for processing, and on the basis of context, relevance, and priority, it is presented to the farmer to make decisions. The adoption of farm management software and other technologies will increase if the farmers are provided with easy data management solutions in their day-to-day activities. Many farmers are not aware of the effective use of data for decision-making purposes; hence, it is important to provide farmers and growers with proper data management tools and techniques to acquire, manage, process, and use data effectively.
Precision aquaculture segment is expected to register the highest CAGR during the forecast period
The farm management software market for precision aquaculture is projected to register the highest CAGR during the forecast period, by application. The increasing demand for protein-rich aqua food is driving the growth of farm management software for precision aquaculture. Additionally, to increase the production of different types of fishes, adequate amount of nutrients as per the requirement must be fed to the them. Hence, fish farmers are increasingly using farm management software for feeding management to improve fish production. These factors are expected to drive the market growth of farm management software for precision aquaculture application.
Data analytics services is expected to witness higher CAGR growth during the forecast period
Data analytics services is expected to witness highest CAGR growth during the forecast period, by offering. The increasing need for real-time data management through cloud computing, government support to encourage adoption of modern agricultural techniques, and increasing use of agriculture software to maintain farm efficiencies are some of the major factors fostering the growth of the market.
Small farms segment for farm management software market is expected to witness higher CAGR growth during the forecast period
The small farms segment of the farm management software market is expected to register higher CAGR growth during the forecast period by farm size. Farmers in small farms are rapidly adopting farm management software and other advanced agricultural techniques as the cost of such advanced technologies has reduced significantly in recent years.
APAC is projected to register largest market share of the farm management software market in 2026
APAC is projected to register largest market share of the farm management software market in 2026. The farm management software market in APAC is projected to register the highest CAGR during the forecast period, by region. The growth prospects of the market in APAC are very high as farm management software is still a nascent technology in many countries in the region. However, due to the rapid increase in population and the consequent need to cope with the increasing demand for agricultural products, farmers are adopting farm management software solutions and other advanced agricultural practices in precision agriculture, livestock monitoring, and aquaculture farms.
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Key Market Players
The farm management software market is dominated by a few globally established players such as Trimble (US), Raven Industries (US), Topcon Positioning Systems (US), Granular Inc., A Corteva Agriscience Company (US), Agrivi (UK), and AgJunction (US).
These companies have adopted both organic and inorganic growth strategies such as product launches and developments, partnerships, contracts, expansions, and acquisitions to strengthen their position in the market.
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|
Report Metric |
Details |
|
Market Size Available for Years |
2017–2026 |
|
Base Year |
2020 |
|
Forecast Period |
2021–2026 |
|
Forecast Unit |
Value (USD Million) |
|
Segments Covered |
By Offering, By Application, By Farm Size, By Farm Production Planning, and Region |
|
Geographic Regions Covered |
APAC, North America, Europe, and RoW (includes Middle East and Africa (MEA) and South America) |
|
Companies Covered |
The major players include Trimble (US), Raven Industries (US), Topcon Positioning Systems (US), Granular Inc., A Corteva Agriscience Company (US), Agrivi (UK), AgJunction (US), Farmers Edge (Canada), Agworld (US), Deere & Company (US), IBM Corporation (US), SST Development Group (US), The Climate Corporation (US), Microsoft Corporation (US), Afimilk (Israel), Iteris (US), GEA Farm Technologies (Ukraine), CropX (Israel), Conservis (US), Cropio (Ukraine), CropIn (India), ec2ce (Spain), Gamaya (Switzerland), Connecterra (Netherlands), Aquabyte (US), and Eruvaka Technologies (India). (Total 25 companies) |
This report categorizes the farm management software market based on offering, application, farm size, farm production planning, and region available at the regional and global level
By Offering
- On-Cloud
- On-Premise
- Data Analytics Services
By Application
- Precision Farming
- Precision Livestock
- Precision Aquaculture
- Precision Forestry
- Smart Greenhouses
- Others
By Farm Size
- Large
- Medium-Sized
- Small
By Farm Production Planning
- Production Planning
- Pre-Production Planning
- Post-Production Planning
By Region
- APAC
- North America
- South America
- Europe
- RoW
Recent Developments
- In January 2021, Agworld entered into a collaboration with AgVend, who a company that powers a unified experience for growers and sales teams in a centralized Grower Portal app. The collaboration mainly aims at integration between AgVend and Agworld to create a seamless digital experience for growers and their ag retailers
- In December 2020, Raven Industries introduced a new tool Virtual Thumb Drive (VTD) in Raven Applied Technology’s expansive CRx field computer. Virtual Thumb Drive powerful addition to ag operations is enabled through the Slingshot Services and Logistics platform.
- In December 2020, Trimble entered into a partnership with Ecobot, a software company that provides cloud-based applications to speed environmental regulatory reporting. Through this partnership, the company’s GNSS was integratesd with Ecobot's Natural Resources Platform to enable fast sub-meter accurate wetland delineation.
- In November 2020, Farmers Edge and Farmers National Company partnered to support sustainable crop production and boost the profitability of all stakeholders. The partnership equips landowners and operators with access to a wealth of digital and agronomic resources designed to support daily operations, improve sustainability, and create a seamless digital connection between stakeholders.
- In September 2020, AgWorld enhanced its products by integrating its platform with PCT Agcloud. With PCT Agcloud, the company aimed to enhance its Agworld platform by integrating additional PCT Agcloud features.
- In May 2020, Trimble announced that its HarvestMark® business was acquired by iFoodDecisionSciences, Inc. (iFoodDS), a leading provider of food safety and process control software solutions. Through this acquisition, the iFoodDS aims to provide its farming customers an integrated food safety, traceability and quality control solution as part of their overall operations.
- In February 2020, Raven Industries entered into a partnership with Razor Tracking, a SaaS and mobile application- based fleet tracking and management system, to provide ag retailers and enterprise farms with an expanded fleet and asset tracking suite through the company’s Slingshot platform.
- In February 2020, Agrivi announced the launch of 2 new products within its digital agriculture solution offering: Agrivi Precision Field, and Agrivi Farm Fleet. These newly launched products are fully integrated with the Agrivi Farm Management platform, providing farmers with seamless user experience and a central platform for managing all farming operations and data.
Frequently Asked Questions (FAQ):
Who are the key players in the global farm management software market?
Companies such as Trimble (US), Raven Industries (US), Topcon Positioning Systems (US), Granular Inc., A Corteva Agriscience Company (US), Agrivi (UK), and AgJunction (US). These companies cater to the requirements of their customers by providing advanced farm management software with a presence in multiple countries.
What is the COVID-19 impact on farm management software suppliers?
Far management software market has witnessed flat growth during pandemic, followed by a steady recovery during the last quarter of FY 20–21. In the most realistic scenario, the farm management software market is expected to grow at a CAGR of 14.7% during 2021–2026. The shutdown of manufacturing facilities globally combined with strict restrictions over social movement in various COVID-19 affected countries impacted the operations of farm management software and related components manufacturing facilities. Additionally, COVID-19 is expected to have led to a delay in the upcoming launches and developments in farm management software products. All these factors resulted in marginal dip of market size of the farm management software. The supply chain disruptions have led to the procurement of raw materials or commodities from localized sources to ensure their continuous supply. This is expected to further lead to the rise in adoption of farm management software for precision farming, precision livestock, precision aquaculture in urban areas that are the key applications of the farm management software market.
What are the opportunities for the existing players and for those who are planning to enter various stages of the farm management software value chain?
There are various opportunities for the existing players to enter the value chain of farm management software industry. Some of these include increasing acceptance of advanced aquaculture systems like RAS-based aquaculture and Cage-based aquaculture farming. Smart cameras, and AI-based livestock monitoring, and crop monitoring and predictive analytics in precision farming. .
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TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 38)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED
1.4 CURRENCY
1.5 LIMITATIONS
1.6 SUMMARY OF CHANGES
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 43)
2.1 RESEARCH APPROACH
FIGURE 1 FARM MANAGEMENT SOFTWARE MARKET: RESEARCH DESIGN
2.1.1 SECONDARY DATA
2.1.1.1 List of major secondary sources
2.1.1.2 Secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Primary interviews with experts
2.1.2.2 List of key primary interview participants
2.1.2.3 Breakdown of primaries
2.1.2.4 Primary sources
2.1.3 SECONDARY AND PRIMARY RESEARCH
2.1.3.1 Key industry insights
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for capturing the market share by bottom-up analysis (demand side)
FIGURE 2 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing the market share by top-down analysis (supply side)
FIGURE 3 TOP-DOWN APPROACH
2.2.3 FARM MANAGEMENT SOFTWARE MARKET: DEMAND-SIDE ANALYSIS
FIGURE 4 DEMAND-SIDE MARKET SIZE ESTIMATION
2.2.4 MARKET ESTIMATION: SUPPLY-SIDE ANALYSIS
FIGURE 5 SUPPLY-SIDE MARKET SIZE ESTIMATION
2.2.5 GROWTH FORECAST ASSUMPTIONS
TABLE 1 REMOTE SENSING TECHNOLOGY PENETRATION IN MAJOR COUNTRIES
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 6 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY (Page No. - 57)
FIGURE 7 FARM MANAGEMENT SOFTWARE MARKET: PRE- AND POST-COVID-19 SCENARIO ANALYSIS, 2017–2026 (USD MILLION)
3.1 REALISTIC SCENARIO (POST-COVID-19)
3.2 OPTIMISTIC SCENARIO (POST-COVID-19)
3.3 PESSIMISTIC SCENARIO (POST-COVID-19)
FIGURE 8 PRECISION FARMING APPLICATION EXPECTED TO HOLD LARGEST SIZE OF MARKET DURING FORECAST PERIOD
FIGURE 9 DATA ANALYTICS SERVICES TO REGISTER HIGHEST CAGR IN MARKET FROM 2021 TO 2026
FIGURE 10 MARKET FOR MEDIUM-SIZED FARMS TO GROW AT HIGHEST CAGR FROM 2021 TO 2026
FIGURE 11 PRODUCTION PLANNING SEGMENT TO ACCOUNT FOR LARGEST SIZE OF MARKET FROM 2021 TO 2026
FIGURE 12 SOUTH AMERICA TO GROW AT HIGHEST CAGR IN MARKET FROM 2021 TO 2026
4 PREMIUM INSIGHTS (Page No. - 63)
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN GLOBAL MARKET
FIGURE 13 NEED FOR REAL-TIME DATA MANAGEMENT TO DRIVE MARKET
4.2 MARKET IN EUROPE
FIGURE 14 GERMANY HELD LARGEST SHARE OF MARKET IN EUROPE IN 2020
4.3 MARKET, BY OFFERING
FIGURE 15 ON-CLOUD SEGMENT TO CONTINUE TO ACCOUNT FOR LARGEST SIZE OF MARKET THROUGH 2026
4.4 MARKET, BY FARM SIZE
FIGURE 16 MEDIUM-SIZED FARMS TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD
4.5 MARKET, BY PRODUCTION PLANNING
FIGURE 17 POST-PRODUCTION PLANNING SEGMENT TO REGISTER HIGHEST CAGR FROM 2021 TO 2026
4.6 REGIONAL ANALYSIS OF MARKET
FIGURE 18 AMERICAS TO HOLD LARGEST SHARE OF MARKET IN 2021
5 MARKET OVERVIEW (Page No. - 67)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 19 FARM MANAGEMENT SOFTWARE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Increasing implementation of artificial intelligence and machine learning for real-time farm data management
5.2.1.2 Growing concern regarding climate change and food security
FIGURE 20 GLOBAL FOOD CONSUMPTION PER DAY, 2020–2030 (KCAL PER DAY)
5.2.1.3 Increasing initiatives by governments pertaining to digitalization of agricultural industry
TABLE 2 MAJOR RECENT INITIATIVES UNDERTAKEN BY GOVERNMENT OF INDIA IN AGRICULTURAL INDUSTRY
5.2.1.4 Increasing focus on livestock monitoring and tracking health-related data in real time to increase farm efficiency
5.2.1.5 Surging adoption of advanced technologies such as IoT, RoVs, and AI in aquaculture farms
FIGURE 21 GLOBAL FISHERIES PRODUCTION, 2016–2026 (MILLION TONS)
FIGURE 22 IMPACT ANALYSIS OF DRIVERS ON MARKET
5.2.2 RESTRAINTS
5.2.2.1 Limited technical expertise and advanced infrastructure in developing regions
5.2.2.2 Requirement of high initial capital investment
FIGURE 23 IMPACT ANALYSIS OF RESTRAINTS ON MARKET
5.2.3 OPPORTUNITIES
5.2.3.1 Rapid adoption of smart farming technologies
FIGURE 24 GLOBAL AGRICULTURAL INTERNET OF THINGS (IOT) DEVICE SHIPMENT FORECAST, 2016–2020 (USD MILLION)
5.2.3.2 Convergence of digital technologies with farming practices
FIGURE 25 IMPACT ANALYSIS OF OPPORTUNITIES ON MARKET
5.2.4 CHALLENGES
5.2.4.1 Large presence of fragmented farms in developing countries
5.2.4.2 Management of data for productive decision-making through single digital platform
FIGURE 26 IMPACT ANALYSIS OF CHALLENGES ON MARKET
6 INDUSTRY TRENDS (Page No. - 77)
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
FIGURE 27 FARM MANAGEMENT SOFTWARE MARKET: VALUE CHAIN ANALYSIS
TABLE 3 MARKET: SUPPLY CHAIN
6.3 PRICING ANALYSIS
FIGURE 28 PRECISION FARMING DATA ANALYTICS SERVICE COST PER HECTARE FOR DIFFERENT FARM SIZES IN 2019
6.4 LIST OF KEY PATENTS AND INNOVATIONS
FIGURE 29 NUMBER OF PATENTS APPROVED FOR AGRICULTURE ANALYTICS WORLDWIDE, 2016–2020
FIGURE 30 REGION-WISE ANALYSIS OF PATENTS FILED BY PLAYERS IN PRECISION FARMING MARKET, 2015–2020
FIGURE 31 REGION-WISE ANALYSIS OF PATENTS FILED BY PLAYERS IN PRECISION LICESTOCK MARKET, 2015–2020
TABLE 4 KEY PATENTS AND INNOVATIONS IN MARKET, 2017–2020
6.5 KEY TECHNOLOGY TRENDS
6.5.1 BLOCKCHAIN
6.5.2 GIS-BASED AGRICULTURE
6.5.3 SATELLITE-DERIVED DATA
6.5.4 SKY-DRONES
6.5.5 SMARTPHONES TECHNOLOGY
6.5.6 RFID AND IDENTIFICATION TECHNOLOGIES
6.5.7 BIG DATA AND ANALYTICS
6.6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 32 MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 33 IMPACT OF PORTER’S FIVE FORCES ON MARKET
TABLE 5 FARM MANAGEMENT SOFTWARE MARKET: PORTER’S FIVE FORCES ANALYSIS
6.6.1 THREAT OF NEW ENTRANTS
6.6.2 THREAT OF SUBSTITUTES
6.6.3 BARGAINING POWER OF SUPPLIERS
6.6.4 BARGAINING POWER OF BUYERS
6.6.5 INTENSITY OF COMPETITIVE RIVALRY
6.7 TARIFF AND REGULATORY LANDSCAPE
6.7.1 CARBON POLICY TRENDS IN AGRICULTURE
6.7.2 GROWING CLIMATE SOLUTIONS ACT
6.7.3 TARRIF AND REGULATIONS IN PRECISION FARMING AND SMART GREENHOUSES
TABLE 6 TARIFF REGULATIONS: PRECISION FARMING AND SMART GREENHOUSES
6.8 CASE STUDIES
6.8.1 WHITESIDES
TABLE 7 WHITESIDES USED AGWORLD SOFTWARE PLATFORM FOR RECORD KEEPING AND FOR CUSTOM FERTILIZER APPLICATION
6.8.2 ANNA BINNA FARMS
TABLE 8 ANNA BINNA FARMS USED AGWORLD SOFTWARE PLATFORM FOR FARM RECORD KEEPING SYSTEM AND FOR PRE-EMERGENT HERBICIDES
6.8.3 THE MURDOCH FAMILY
TABLE 9 WITH AGWORLD SOFTWARE PLATFORM, MURDOCH FAMILY DIGITIZED THEIR FARM MANAGEMENT FOR IMPROVED ACCURACY AND PROFITABILITY
6.8.4 LILLIPUT AG
TABLE 10 LILLIPUT AG AIMS TO IMPROVE PLANNING BY CAPTURING DATA WITH AGWORLD PLATFORM
6.8.5 SPROULE FARMS
TABLE 11 WITH CONSERVIS PLATFORM, SPROULE FARMS ACHIEVED TRACEABILITY AND REAL-TIME INFORMATION ABOUT THEIR FIELD
6.8.6 BKR FARMS
TABLE 12 BKR FARMS ACHIEVED FINANCIAL VISIBILITY AND DATA OWNERSHIP & SECURITY WITH CONSERVIS PLATFORM
6.8.7 VITA-VI
TABLE 13 VITA-VI DIARY FARMS WAS ABLE TO OPTIMIZE PRODUCTION AND STREAMLINE FARM PROCESSES WITH AGRIVI’S SOFTWARE PLATFORM
6.8.8 ROVEY DAIRY
TABLE 14 ROVEY DAIRY ACHIEVED TRACEABILITY WITH AGRIVI’S SOFTWARE PLATFORM
6.9 MARKET ECOSYSTEM
FIGURE 34 SMART AGRICULTURE ECOSYSTEM
7 FARM MANAGEMENT SOFTWARE MARKET, BY OFFERING (Page No. - 98)
7.1 INTRODUCTION
TABLE 15 MARKET, BY OFFERING, 2017–2020 (USD MILLION)
FIGURE 35 DATA ANALYTICS SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 16 MARKET, BY OFFERING, 2021–2026 (USD MILLION)
7.2 ON-CLOUD
TABLE 17 MARKET FOR ON-CLOUD, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 18 MARKET FOR ON-CLOUD, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 19 FARM MANAGEMENT ON-CLOUD SOFTWARE MARKET, BY DEPLOYMENT, 2017–2020 (USD MILLION)
FIGURE 36 SAAS TO HOLD LARGER SIZE OF FARM MANAGEMENT SOFTWARE FOR ON-CLOUD SOFTWARE DURING FORECAST PERIOD
TABLE 20 FARM MANAGEMENT ON-CLOUD SOFTWARE MARKET, BY DEPLOYMENT, 2021–2026 (USD MILLION)
TABLE 21 MARKET FOR ON-CLOUD, BY REGION, 2017–2020 (USD MILLION)
FIGURE 37 AMERICAS TO HOLD MAXIMUM SHARE OF MARKET FOR ON-CLOUD OFFERING DURING FORECAST PERIOD
TABLE 22 MARKET FOR ON-CLOUD, BY REGION, 2021–2026 (USD MILLION)
TABLE 23 MARKET FOR ON-CLOUD, BY FARM SIZE, 2017–2020 (USD MILLION)
TABLE 24 MARKET FOR ON-CLOUD, BY FARM SIZE, 2021–2026 (USD MILLION)
7.2.1 SOFTWARE AS A SERVICE (SAAS)
7.2.1.1 Farmers are adopting SaaS applications for ease of use and scalability
7.2.2 PLATFORM AS A SERVICE (PAAS)
7.2.2.1 Farmers are adopting PaaS applications for customized insights
7.3 ON-PREMISE
7.3.1 HIGHER DATA SECURITY AND LOWER INTERNET COSTS ARE DRIVING ON-PREMISE MARKET
TABLE 25 MARKET FOR ON-PREMISE, BY APPLICATION, 2017–2020 (USD MILLION)
FIGURE 38 PRECISION FARMING SEGMENT TO HOLD LARGEST SHARE OF MARKET FOR ON-PREMISE OFFERING DURING FORECAST PERIOD
TABLE 26 MARKET FOR ON-PREMISE, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 27 MARKET FOR ON-PREMISE, BY REGION, 2017–2020 (USD MILLION)
TABLE 28 MARKET FOR ON-PREMISE, BY REGION, 2021–2026 (USD MILLION)
TABLE 29 MARKET FOR ON-PREMISE, BY FARM SIZE, 2017–2020 (USD MILLION)
TABLE 30 MARKET FOR ON-PREMISE, BY FARM SIZE, 2021–2026 (USD MILLION)
7.4 DATA ANALYTICS SERVICES
7.4.1 FARM OWNERS CAN LEVERAGE TRENDS SHOWN BY PREDICTIVE ANALYTICS SERVICES TO MAXIMIZE PROFITS AND REDUCE COSTS
TABLE 31 MARKET FOR DATA ANALYTICS SERVICES, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 32 MARKET FOR DATA ANALYTICS SERVICES, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 33 MARKET FOR DATA ANALYTICS SERVICES, BY REGION, 2017–2020 (USD MILLION)
TABLE 34 MARKET FOR DATA ANALYTICS SERVICES, BY REGION, 2021–2026 (USD MILLION)
TABLE 35 MARKET FOR DATA ANALYTICS SERVICES, BY FARM SIZE, 2017–2020 (USD MILLION)
FIGURE 39 MEDIUM-SIZED FARMS TO DOMINATE MARKET FOR DATA ANALYTICS SERVICES DURING FORECAST PERIOD
TABLE 36 MARKET FOR DATA ANALYTICS SERVICES, BY FARM SIZE, 2021–2026 (USD MILLION)
8 FARM MANAGEMENT SOFTWARE MARKET, BY FARM PRODUCTION PLANNING (Page No. - 112)
8.1 INTRODUCTION
TABLE 37 MARKET, BY FARM PRODUCTION PLANNING, 2017–2020 (USD MILLION)
FIGURE 40 PRODUCTION PLANNING STAGE TO HOLD LARGEST SIZE OF MARKET DURING FORECAST PERIOD
TABLE 38 MARKET, BY FARM PRODUCTION PLANNING, 2021–2026 (USD MILLION)
8.2 PRE-PRODUCTION PLANNING
8.2.1 IN PRE-PRODUCTION PLANNING, FARM MANAGEMENT SOFTWARE IS USED TO IDENTIFY AREAS IN FARMS SUITABLE FOR CULTIVATION
TABLE 39 MARKET FOR PRE-PRODUCTION PLANNING, BY REGION, 2017–2020 (USD MILLION)
FIGURE 41 AMERICAS TO HOLD LARGEST SHARE OF MARKET FOR PRE-PRODUCTION PLANNING DURING FORECAST PERIOD
TABLE 40 MARKET FOR PRE-PRODUCTION PLANNING, BY REGION, 2021–2026 (USD MILLION)
8.3 PRODUCTION PLANNING
8.3.1 IN PRODUCTION STAGE, FARM MANAGEMENT SOFTWARE IS USED TO MONITOR CROPS AND PRODUCTION PROCESSES TO IMPROVE PRODUCTIVITY AND REDUCE COSTS
TABLE 41 MARKET FOR PRODUCTION PLANNING, BY REGION, 2017–2020 (USD MILLION)
FIGURE 42 MARKET FOR PRODUCTION PLANNING TO REGISTER HIGHEST CAGR IN APAC DURING FORECAST PERIOD
TABLE 42 MARKET PRODUCTION PLANNING, BY REGION, 2021–2026 (USD MILLION)
8.4 POST-PRODUCTION PLANNING
8.4.1 FARM MANAGEMENT SOFTWARE REDUCES MANUAL ERROR AND ASSISTS FARM OWNERS IN STRATEGIC POST-PRODUCTION PLANNING
TABLE 43 MARKET FOR POST-PRODUCTION PLANNING, BY REGION, 2017–2020 (USD MILLION)
FIGURE 43 MARKET FOR POST-PRODUCTION PLANNING TO CAPTURE HIGHEST CAGR IN APAC DURING FORECAST PERIOD
TABLE 44 MARKET FOR POST-PRODUCTION PLANNING, BY REGION, 2021–2026 (USD MILLION)
9 FARM MANAGEMENT SOFTWARE MARKET, BY FARM SIZE (Page No. - 120)
9.1 INTRODUCTION
TABLE 45 MARKET, BY FARM SIZE, 2017–2020 (USD MILLION)
FIGURE 44 MEDIUM-SIZED FARMS TO CONTINUE TO HOLD LARGEST SIZE OF MARKET DURING FORECAST PERIOD
TABLE 46 MARKET, BY FARM SIZE, 2021–2026 (USD MILLION)
9.2 LARGE FARMS
9.2.1 OWNERS OF LARGE FARMS ARE ADOPTING TECHNOLOGY TO EFFECTIVELY INCREASE PRODUCTIVITY ACROSS DIFFERENT AREAS IN FARMS
TABLE 47 MARKET FOR LARGE FARMS, BY REGION, 2017–2020 (USD MILLION)
TABLE 48 MARKET FOR LARGE FARMS, BY REGION, 2021–2026 (USD MILLION)
TABLE 49 MARKET FOR LARGE FARMS, BY OFFERING, 2017–2020 (USD MILLION)
FIGURE 45 DATA ANALYTICS SERVICES TO GROW AT HIGHEST CAGR IN MARKET FOR LARGE FARMS DURING FORECAST PERIOD
TABLE 50 MARKET FOR LARGE FARMS, BY OFFERING, 2021–2026 (USD MILLION)
9.3 MEDIUM FARMS
9.3.1 MEDIUM-SIZED FARMS TO DOMINATE MARKET THROUGH 2026
TABLE 51 MARKET FOR MEDIUM-SIZED FARMS, BY REGION, 2017–2020 (USD MILLION)
FIGURE 46 AMERICAS TO HOLD LARGEST SIZE OF MARKET FOR MEDIUM-SIZED FARMS DURING FORECAST PERIOD
TABLE 52 MARKET FOR MEDIUM-SIZED FARMS, BY REGION, 2021–2026 (USD MILLION)
TABLE 53 MARKET FOR MEDIUM-SIZED FARMS, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 54 ARKET FOR MEDIUM-SIZED FARMS, BY OFFERING, 2021–2026 (USD MILLION)
9.4 SMALL FARMS
9.4.1 SMALL FARM OWNERS ARE USING FARM MANAGEMENT SOFTWARE TO MEET RAPIDLY GROWING DEMAND FOR FOOD AND REDUCE OPERATIONAL COSTS
TABLE 55 MARKET FOR SMALL FARMS, BY REGION, 2017–2020 (USD MILLION)
FIGURE 47 MARKET FOR SMALL FARMS TO REGISTER HIGHEST CAGE IN APAC DURING FORECAST PERIOD
TABLE 56 MARKET FOR SMALL FARMS, BY REGION, 2021–2026 (USD MILLION)
TABLE 57 MARKET FOR SMALL FARMS, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 58 MARKET FOR SMALL FARMS, BY OFFERING, 2021–2026 (USD MILLION)
10 FARM MANAGEMENT SOFTWARE MARKET, BY APPLICATION (Page No. - 129)
10.1 INTRODUCTION
FIGURE 48 MARKET, BY APPLICATION
TABLE 59 MARKET, BY APPLICATION, 2017–2020 (USD MILLION)
FIGURE 49 PRECISION FARMING APPLICATIONS ARE EXPECTED TO CONTINUE TO ACCOUNT FOR LARGEST SIZE OF MARKET DURING FORECASTED PERIOD
TABLE 60 MARKET, BY APPLICATION, 2021–2026 (USD MILLION)
10.2 PRECISION FARMING
TABLE 61 MARKET FOR PRECISION FARMING, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 62 MARKET FOR PRECISION FARMING, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 63 MARKET FOR PRECISION FARMING, BY REGION, 2017–2020 (USD MILLION)
FIGURE 50 APAC TO REGISTER HIGHEST CAGR IN MARKET FOR PRECISION FARMING DURING FORECASTED PERIOD
TABLE 64 MARKET FOR PRECISION FARMING, BY REGION, 2021–2026 (USD MILLION)
TABLE 65 MARKET FOR PRECISION FARMING, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 66 MARKET FOR PRECISION FARMING, BY OFFERING, 2021–2026 (USD MILLION)
10.2.1 SOIL AND CROP MONITORING
10.2.1.1 Soil and crop monitoring enable farmers to collect data pertaining to soil moisture content, crop image analytics, and plant stress level and predict crop yield on per hectare basis
TABLE 67 MARKET FOR SOIL & CROP MONITORING, BY REGION, 2017–2020 (USD MILLION)
FIGURE 51 AMERICAS TO CONTINUE TO HOLD MAXIMUM SHARE OF MARKET FOR SOIL & CROP MONITORING DURING FORECASTED PERIOD
TABLE 68 MARKET FOR SOIL & CROP MONITORING, BY REGION, 2021–2026 (USD MILLION)
10.2.2 YIELD AND HARVESTING MONITORING
10.2.2.1 Yield and harvesting monitoring systems facilitate allocation of resources according to need of plants
TABLE 69 MARKET FOR YIELD AND HARVESTING MONITORING, BY REGION, 2017–2020 (USD MILLION)
TABLE 70 MARKET FOR YIELD AND HARVESTING MONITORING, BY REGION, 2021–2026 (USD MILLION)
10.2.3 IRRIGATION AND WEATHER FORECASTING
10.2.3.1 Weather tracking and real-time irrigation scheduling help farmers in undertaking precautionary measures for protecting farms from natural calamities
TABLE 71 MARKET FOR IRRIGATION AND WEATHER FORECASTING, BY REGION, 2017–2020 (USD MILLION)
TABLE 72 MARKET FOR IRRIGATION AND WEATHER FORECASTING, BY REGION, 2021–2026 (USD MILLION)
10.2.4 INVENTORY MANAGEMENT
10.2.4.1 Farm management software helps to track substances needed for farming and reduce costs
TABLE 73 MARKET FOR INVENTORY MANAGEMENT, BY REGION, 2017–2020 (USD MILLION)
TABLE 74 MARKET FOR INVENTORY MANAGEMENT, BY REGION, 2021–2026 (USD MILLION)
10.2.5 CROP INSURANCE AND FINANCIAL MANAGEMENT
10.2.5.1 Farm management software aid in financial management by keeping track of all financial transactions associated with farms
TABLE 75 MARKET FOR CROP INSURANCE AND FINANCIAL MANAGEMENT, BY REGION, 2017–2020 (USD MILLION)
TABLE 76 MARKET FOR CROP INSURANCE AND FINANCIAL MANAGEMENT, BY REGION, 2021–2026 (USD MILLION)
10.2.6 EQUIPMENT MONITORING AND MAINTENANCE
10.2.6.1 Farm management software can help to monitor output and efficiency of equipment being used for farming
TABLE 77 MARKET FOR EQUIPMENT MONITORING AND MAINTENANCE, BY REGION, 2017–2020 (USD MILLION)
TABLE 78 MARKET FOR EQUIPMENT MONITORING AND MAINTENANCE, BY REGION, 2021–2026 (USD MILLION)
10.2.7 FARM LABOR MANAGEMENT
10.2.7.1 Farm management software improves labor productivity by using labor effectively based on requirement
TABLE 79 MARKET FOR LABOR MANAGEMENT, BY REGION, 2017–2020 (USD MILLION)
TABLE 80 MARKET FOR LABOR MANAGEMENT, BY REGION, 2021–2026 (USD MILLION)
10.2.8 OTHERS
TABLE 81 MARKET FOR OTHER PRECISION FARMING APPLICATIONS, BY REGION, 2017–2020 (USD MILLION)
TABLE 82 MARKET FOR OTHER PRECISION FARMING APPLICATIONS, BY REGION, 2021–2026 (USD MILLION)
10.3 PRECISION LIVESTOCK
TABLE 83 FARM MANAGEMENT SOFTWARE MARKET FOR PRECISION LIVESTOCK, BY APPLICATION, 2017–2020 (USD MILLION)
FIGURE 52 IDENTIFICATION & TRACKING APPLICATIONS TO HOLD LARGEST SIZE OF MARKET FOR PRECISION LIVESTOCK DURING FORECAST PERIOD
TABLE 84 MARKET FOR PRECISION LIVESTOCK, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 85 MARKET FOR PRECISION LIVESTOCK, BY REGION, 2017–2020 (USD MILLION)
TABLE 86 MARKET FOR PRECISION LIVESTOCK, BY REGION, 2021–2026 (USD MILLION)
TABLE 87 MARKET FOR PRECISION LIVESTOCK, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 88 MARKET FOR PRECISION LIVESTOCK, BY OFFERING, 2021–2026 (USD MILLION)
10.3.1 IDENTIFICATION AND TRACKING
10.3.1.1 Identification and tracking systems help to provide immediate attention to animals by identifying minor deviations from normal behavioral patterns
TABLE 89 MARKET FOR IDENTIFICATION AND TRACKING, BY REGION, 2017–2020 (USD MILLION)
TABLE 90 MARKET FOR IDENTIFICATION AND TRACKING, BY REGION, 2021–2026 (USD MILLION)
10.3.2 FEEDING MANAGEMENT
10.3.2.1 Farm management software ensures optimum feed intake for improved productivity
TABLE 91 MARKET FOR FEEDING MANAGEMENT, BY REGION, 2017–2020 (USD MILLION)
TABLE 92 MARKET FOR FEEDING MANAGEMENT, BY REGION, 2021–2026 (USD MILLION)
10.3.3 MILK HARVESTING
10.3.3.1 Need for automated milk harvesting is fostering growth of market
TABLE 93 MARKET FOR MILK HARVESTING, BY REGION, 2017–2020 (USD MILLION)
FIGURE 53 APAC TO REGISTER HIGHEST CAGR IN FARM MANAGEMENT SOFTWARE FOR MILK HARVESTING DURING FORECAST PERIOD
TABLE 94 MARKET FOR MILK HARVESTING, BY REGION, 2021–2026 (USD MILLION)
10.3.4 OTHERS
TABLE 95 MARKET FOR OTHER PRECISION LIVESTOCK APPLICATIONS, BY REGION, 2017–2020 (USD MILLION)
TABLE 96 MARKET FOR OTHER PRECISION LIVESTOCK APPLICATIONS, BY REGION, 2021–2026 (USD MILLION)
10.4 PRECISION AQUACULTURE
TABLE 97 MARKET FOR PRECISION AQUACULTURE, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 98 MARKET FOR PRECISION AQUACULTURE, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 99 MARKET FOR PRECISION AQUACULTURE, BY REGION, 2017–2020 (USD MILLION)
FIGURE 54 EUROPE TO CONTINUE TO HOLD LARGEST SIZE OF MARKET FOR PRECISION AQUACULTURE DURING FORECAST PERIOD
TABLE 100 MARKET FOR PRECISION AQUACULTURE, BY REGION, 2021–2026 (USD MILLION)
TABLE 101 MARKET FOR PRECISION AQUACULTURE, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 102 MARKET FOR PRECISION AQUACULTURE, BY OFFERING, 2021–2026 (USD MILLION)
10.4.1 FARM MONITORING AND SURVEILLANCE
10.4.1.1 Farm management software effectively monitors health and activities of fish ensuring improved productivity
TABLE 103 MARKET FOR FARM MONITORING & SURVEILLANCE, BY REGION, 2017–2020 (USD MILLION)
FIGURE 55 APAC TO REGISTER HIGHEST CAGR IN MARKET FOR FARM MONITORING & SURVEILLANCE DURING FORECAST PERIOD
TABLE 104 MARKET FOR FARM MONITORING & SURVEILLANCE, BY REGION, 2021–2026 (USD MILLION)
10.4.2 FEEDING MANAGEMENT
10.4.2.1 Farm management software ensures optimum feed intake for higher productivity of aquaculture farms
TABLE 105 MARKET FOR AQUACULTURE FEEDING MANAGEMENT, BY REGION, 2017–2020 (USD MILLION)
TABLE 106 MARKET FOR AQUACULTURE FEEDING MANAGEMENT, BY REGION, 2021–2026 (USD MILLION)
10.4.3 OTHERS
TABLE 107 MARKET FOR OTHER PRECISION AQUACULTURE APPLICATIONS, BY REGION, 2017–2020 (USD MILLION)
TABLE 108 MARKET FOR OTHER PRECISION AQUACULTURE APPLICATIONS, BY REGION, 2021–2026 (USD MILLION)
10.5 PRECISION FORESTRY
TABLE 109 MARKET FOR PRECISION FORESTRY, BY APPLICATION, 2017–2020 (USD MILLION)
FIGURE 56 HARVESTING MANAGEMENT TO HOLD MAXIMUM SHARE OF MARKET FOR PRECISION FORESTRY DURING FORECAST PERIOD
TABLE 110 MARKET FOR PRECISION FORESTRY, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 111 MARKET FOR PRECISION FORESTRY, BY REGION, 2017–2020 (USD MILLION)
TABLE 112 MARKET FOR PRECISION FORESTRY, BY REGION, 2021–2026 (USD MILLION)
TABLE 113 MARKET FOR PRECISION FORESTRY, BY OFFERING, 2017–2020 (USD MILLION))
TABLE 114 FARM MANAGEMENT SOFTWARE MARKET FOR PRECISION FORESTRY, BY OFFERING, 2021–2026 (USD MILLION)
10.5.1 HARVESTING MANAGEMENT
10.5.1.1 Harvesting management includes processes like pre-harvest survey with terrain reconnaissance of every cutting unit before harvesting and planning about forest inventory
10.5.2 SILVICULTURE AND FIRE MANAGEMENT
10.5.2.1 Farm management software helps in identification of fire hotspots in forests and minimization of damages caused by forest fires through corrective measures
10.5.3 INVENTORY AND LOGISTICS MANAGEMENT
10.5.3.1 Farm management software helps in reducing inventory costs associated with precision forestry
10.5.4 GENETICS AND NURSERIES
10.5.4.1 Farm management software helps in assessing soil quality in nurseries through GPS- or satellite-based imaging
10.6 SMART GREENHOUSES
TABLE 115 FARM MANAGEMENT SOFTWARE MARKET FOR SMART GREENHOUSES, BY APPLICATION, 2017–2020 (USD MILLION)
FIGURE 57 AUTOMATED IRRIGATION SCHEDULING TO CAPTURE HIGHEST CAGR IN MARKET FOR SMART GREENHOUSES DURING FORECAST PERIOD
TABLE 116 MARKET FOR SMART GREENHOUSES, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 117 MARKET FOR SMART GREENHOUSES, BY REGION, 2017–2020 (USD MILLION)
TABLE 118 MARKET FOR SMART GREENHOUSES, BY REGION, 2021–2026 (USD MILLION)
TABLE 119 MARKET FOR SMART GREENHOUSES, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 120 MARKET FOR SMART GREENHOUSES, BY OFFERING, 2021–2026 (USD MILLION)
10.6.1 HVAC AND CLIMATE CONTROL
10.6.1.1 Farm management software helps to control HVAC in greenhouses to maintain suitable conditions for healthy plant growth
10.6.2 CROP HEALTH AND YIELD MONITORING
10.6.2.1 Farm management software helps in crop health and yield monitoring for undertaking strategic decisions
10.6.3 AUTOMATED IRRIGATION SCHEDULING
10.6.3.1 Need to conserve water is driving adoption of farm management software for automated irrigation scheduling applications
10.6.4 OTHERS
10.7 OTHERS
TABLE 121 FARM MANAGEMENT SOFTWARE MARKET FOR OTHER APPLICATIONS, BY APPLICATION TYPE, 2017–2020 (USD MILLION)
FIGURE 58 CANNABIS FARMING TO REGISTER HIGHEST CAGR IN MARKET FOR OTHER APPLICATIONS DURING FORECAST PERIOD
TABLE 122 MARKET FOR OTHER APPLICATIONS, BY APPLICATION TYPE, 2021–2026 (USD MILLION)
TABLE 123 MARKET FOR OTHER APPLICATIONS, BY REGION, 2017–2020 (USD MILLION)
TABLE 124 MARKET FOR OTHER APPLICATIONS, BY REGION, 2021–2026 (USD MILLION)
TABLE 125 MARKET FOR OTHER APPLICATIONS, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 126 MARKET FOR OTHER APPLICATIONS, BY OFFERING, 2021–2026 (USD MILLION)
11 GEOGRAPHIC ANALYSIS (Page No. - 168)
11.1 INTRODUCTION
FIGURE 59 SPAIN, FOLLOWED BY INDIA AND ARGENTINA, TO GROW AT HIGHEST CAGR IN MARKET FROM 2021 TO 2026
TABLE 127 MARKET, BY REGION, 2017–2020 (USD MILLION)
TABLE 128 MARKET, BY REGION, 2021–2026 (USD MILLION)
11.2 AMERICAS
TABLE 129 FARM MANAGEMENT SOFTWARE MARKET IN AMERICAS, BY REGION, 2017–2020 (USD MILLION)
TABLE 130 MARKET IN AMERICAS, BY REGION, 2021–2026 (USD MILLION)
TABLE 131 MARKET IN AMERICAS, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 132 MARKET IN AMERICAS, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 133 MARKET IN AMERICAS, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 134 MARKET IN AMERICAS, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 135 PRECISION FARMING SOFTWARE MARKET IN AMERICAS, BY FARM SIZE, 2017–2020 (USD MILLION)
TABLE 136 PRECISION FARMING SOFTWARE MARKET IN AMERICAS, BY FARM SIZE, 2021–2026 (USD MILLION)
TABLE 137 PRECISION LIVESTOCK SOFTWARE MARKET IN AMERICAS, BY FARM SIZE, 2017–2020 (USD MILLION)
TABLE 138 PRECISION LIVESTOCK SOFTWARE MARKET IN AMERICAS, BY FARM SIZE, 2021–2026 (USD MILLION)
11.2.1 NORTH AMERICA
FIGURE 60 SNAPSHOT: FARM MANAGEMENT SOFTWARE MARKET IN NORTH AMERICA, 2020
TABLE 139 FARM MANAGEMENT SOFTWARE MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 140 MARKET IN NORTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 141 MARKET IN NORTH AMERICA, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 142 MARKET IN NORTH AMERICA, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 143 MARKET IN NORTH AMERICA, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 144 MARKET IN NORTH AMERICA, BY APPLICATION, 2021–2026 (USD MILLION)
11.2.1.1 US
11.2.1.1.1 Higher adoption of advanced technologies and presence of prominent market players are fostering growth of farm management software market in US
11.2.1.2 Canada
11.2.1.2.1 Support from government has been instrumental in increased adoption of farm management software market in Canada
11.2.1.3 Mexico
11.2.1.3.1 Increased investment from key market players and research organizations is driving growth of farm management software market in Mexico
11.2.2 SOUTH AMERICA
FIGURE 61 SNAPSHOT: FARM MANAGEMENT SOFTWARE MARKET IN SOUTH AMERICA, 2020
TABLE 145 MARKET IN SOUTH AMERICA, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 146 MARKET IN SOUTH AMERICA, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 147 MARKET IN SOUTH AMERICA, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 148 MARKET IN SOUTH AMERICA, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 149 MARKET IN SOUTH AMERICA, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 150 MARKET IN SOUTH AMERICA, BY APPLICATION, 2021–2026 (USD MILLION)
11.2.2.1 Brazil
11.2.2.1.1 Large average farm sizes and investment from multiple stakeholders are driving farm management software market growth in Brazil
11.2.2.2 Argentina
11.2.2.2.1 Established agricultural machinery market in Argentina is conducive to growth of farm management software market
11.2.2.3 Rest of South America
11.2.2.3.1 Farmers in Rest of South America are adopting farm management software to improve productivity
11.3 EUROPE
FIGURE 62 SNAPSHOT: FARM MANAGEMENT SOFTWARE IN EUROPE, 2020
TABLE 151 MARKET IN EUROPE, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 152 MARKET IN EUROPE, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 153 MARKET IN EUROPE, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 154 MARKET IN EUROPE, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 155 MARKET IN EUROPE, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 156 MARKET IN EUROPE, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 157 PRECISION FARMING SOFTWARE MARKET IN EUROPE, BY FARM SIZE, 2017–2020 (USD MILLION)
TABLE 158 PRECISION FARMING SOFTWARE MARKET IN EUROPE, BY FARM SIZE, 2021–2026 (USD MILLION)
TABLE 159 PRECISION LIVESTOCK SOFTWARE MARKET IN EUROPE, BY FARM SIZE, 2017–2020 (USD MILLION)
TABLE 160 PRECISION LIVESTOCK SOFTWARE MARKET IN EUROPE, BY FARM SIZE, 2021–2026 (USD MILLION)
11.3.1 GERMANY
11.3.1.1 Germany to hold largest size of farm management software market during forecast period
11.3.2 FRANCE
11.3.2.1 Extensive progress in imaging techniques are likely to foster growth of market in France
11.3.3 UK
11.3.3.1 Reduced technology cost in UK is driving growth of market
11.3.4 ITALY
11.3.4.1 Government support is driving growth of farm management software in Italy
11.3.5 NETHERLANDS
11.3.5.1 Large amount of agriculture product exports is instrumental in growth of market in Netherlands
11.3.6 SPAIN
11.3.6.1 Spain to capture highest CAGR in market in Europe during forecast period
11.3.7 REST OF EUROPE
11.4 APAC
FIGURE 63 APAC: FARM MANAGEMENT SOFTWARE MARKET SNAPSHOT
TABLE 161 MARKET IN APAC, BY COUNTRY, 2017–2020 (USD MILLION)
TABLE 162 MARKET IN APAC, BY COUNTRY, 2021–2026 (USD MILLION)
TABLE 163 MARKET IN APAC, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 164 MARKET IN APAC, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 165 MARKET IN APAC, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 166 MARKET IN APAC, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 167 PRECISION FARMING SOFTWARE MARKET IN APAC, BY FARM SIZE, 2017–2020 (USD MILLION)
TABLE 168 PRECISION FARMING SOFTWARE MARKET IN APAC, BY FARM SIZE, 2021–2026 (USD MILLION)
TABLE 169 LIVESTOCK MONITORING SOFTWARE MARKET IN APAC, BY FARM SIZE, 2017–2020 (USD MILLION)
TABLE 170 LIVESTOCK MONITORING SOFTWARE MARKET IN APAC, BY FARM SIZE, 2021–2026 (USD MILLION)
11.4.1 CHINA
11.4.1.1 Increased government funding is fueling adoption of farm management software in China
11.4.2 JAPAN
11.4.2.1 Technological superiority is fostering growth of market in Japan
11.4.3 SOUTH KOREA
11.4.3.1 High per capita income of farmers is favoring adoption of farm management software in South Korea
11.4.4 AUSTRALIA & NEW ZEALAND
11.4.4.1 Australia & New Zealand to capture largest share of market in APAC during forecast period
11.4.5 INDIA
11.4.5.1 India to register highest CAGR in market in APAC during forecast period
11.4.6 REST OF APAC
11.5 ROW
TABLE 171 FARM MANAGEMENT SOFTWARE MARKET IN ROW, BY REGION, 2017–2020 (USD MILLION)
TABLE 172 MARKET IN ROW, BY REGION, 2021–2026 (USD MILLION)
TABLE 173 MARKET IN ROW, BY OFFERING, 2017–2020 (USD MILLION)
TABLE 174 MARKET IN ROW, BY OFFERING, 2021–2026 (USD MILLION)
TABLE 175 MARKET IN ROW, BY APPLICATION, 2017–2020 (USD MILLION)
TABLE 176 MARKET IN ROW, BY APPLICATION, 2021–2026 (USD MILLION)
TABLE 177 PRECISION FARMING SOFTWARE MARKET IN ROW, BY FARM SIZE, 2017–2020 (USD MILLION)
TABLE 178 PRECISION FARMING SOFTWARE MARKET IN ROW, BY FARM SIZE, 2021–2026 (USD MILLION)
TABLE 179 PRECISION LIVESTOCK SOFTWARE MARKET IN ROW, BY FARM SIZE, 2017–2020 (USD MILLION)
TABLE 180 PRECISION LIVESTOCK SOFTWARE MARKET IN ROW, BY FARM SIZE, 2021–2026 (USD MILLION)
11.5.1 MIDDLE EAST
11.5.1.1 Focus on water conservation is supporting adoption of farm management software in Middle East
11.5.2 AFRICA
11.5.2.1 Support from local stakeholders and various research groups is fostering adoption of farm management software in Africa
12 COMPETITIVE LANDSCAPE (Page No. - 205)
12.1 INTRODUCTION
FIGURE 64 COMPANIES ADOPTED PRODUCT LAUNCHES AS KEY GROWTH STRATEGY FROM 2017 TO 2020
12.2 MARKET SHARE ANALYSIS
TABLE 181 MARKET SHARE ANALYSIS OF KEY COMPANIES IN FARM MANAGEMENT SOFTWARE, 2020
12.3 HISTORICAL REVENUE ANALYSIS, 2015–2019
FIGURE 65 HISTORICAL REVENUE ANALYSIS (PRECISION FARMING SEGMENT) OF MAJOR COMPANIES OFFERING FARM MANAGEMENT SOFTWARE, 2015–2019 (USD MILLION)
FIGURE 66 HISTORICAL REVENUE ANALYSIS (LIVESTOCK AND AQUACULTURE SEGMENT) OF MAJOR COMPANIES OFFERING FARM MANAGEMENT SOFTWARE, 2015–2019 (USD MILLION)
12.4 COMPANY EVALUATION QUADRANT
12.4.1 STAR
12.4.2 EMERGING LEADER
12.4.3 PERVASIVE
12.4.4 PARTICIPANT
FIGURE 67 FARM MANAGEMENT SOFTWARE MARKET (GLOBAL): COMPANY EVALUATION MATRIX, 2020
12.5 STARTUP/SME EVALUATION MATRIX
12.5.1 PROGRESSIVE COMPANIES
12.5.2 RESPONSIVE COMPANIES
12.5.3 DYNAMIC COMPANIES
12.5.4 STARTING BLOCKS
FIGURE 68 FARM MANAGEMENT SOFTWARE MARKET (GLOBAL): STARTUP/SME EVALUATION MATRIX, 2020
TABLE 182 COMPANY FOOTPRINT
TABLE 183 COMPANY APPLICATION FOOTPRINT
TABLE 184 COMPANY AGRICULTURAL TECHNOLOGY AND SYSTEMS FOOTPRINT
TABLE 185 COMPANY REGION FOOTPRINT
12.6 MARKET EVALUATION FRAMEWORK
FIGURE 69 PRODUCT LAUNCHES/DEVELOPMENTS, PARTNERSHIPS, AND CONTRACTS WERE KEY STRATEGIES ADOPTED BY MARKET PLAYERS FROM 2017 TO 2020
12.7 COMPETITIVE SCENARIO
12.7.1 PRODUCT LAUNCHES AND DEVELOPMENTS
TABLE 186 PRODUCT LAUNCHES AND DEVELOPMENTS, 2018–2020
12.7.2 DEALS
TABLE 187 MARKET, DEALS (PARTNERSHIP, AGREEMENTS, CONTRACTS, COLLABORATIONS, AND EXPANSIONS), 2017–2020
13 COMPANY PROFILES (Page No. - 227)
13.1 INTRODUCTION
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
13.2 KEY PLAYERS
13.2.1 AGRIVI
TABLE 188 AGRIVI: COMPANY OVERVIEW
13.2.2 GRANULAR INC., A CORTEVA AGRISCIENCE COMPANY
TABLE 189 GRANULAR INC., COMPANY OVERVIEW
13.2.3 TRIMBLE
TABLE 190 TRIMBLE INC.: COMPANY OVERVIEW
FIGURE 70 TRIMBLE: COMPANY SNAPSHOT
13.2.4 TOPCON POSITIONING SYSTEMS
TABLE 191 TOPCON POSITIONIG SYSTEMS: COMPANY OVERVIEW
13.2.5 RAVEN INDUSTRIES
TABLE 192 RAVEN INDUSTRIES: COMPANY OVERVIEW
FIGURE 71 RAVEN INDUSTRIES: COMPANY SNAPSHOT
13.2.6 AGJUNCTION
TABLE 193 AGJUNCTION: COMPANY OVERVIEW
FIGURE 72 AGJUNCTION: COMPANY SNAPSHOT
13.2.7 AGWORLD
TABLE 194 AGWORLD: COMPANY OVERVIEW
13.2.8 FARMERS EDGE
TABLE 195 FARMERS EDGE
13.2.9 THE CLIMATE CORPORATION
TABLE 196 THE CLIMATE CORPORATION: COMPANY OVERVIEW
13.2.10 IBM CORPORATION
TABLE 197 IBM CORPORATION: COMPANY OVERVIEW
FIGURE 73 IBM: COMPANY SNAPSHOT
13.2.11 ABACO GROUP
13.3 OTHER KEY COMPANIES
13.3.1 DEERE & COMPANY
TABLE 198 DEERE & COMPANY: COMPANY OVERVIEW
13.3.2 MICROSOFT CORPORATION
TABLE 199 MICROSOFT CORPORATION: COMPANY OVERVIEW
13.3.3 GEA FARM TECHNOLOGIES (GEA GROUP)
TABLE 200 GEA FARM TECHNOLOGIES (GEA GROUP): COMPANY OVERVIEW
13.3.4 AFIMILK
TABLE 201 AFIMILK: COMPANY OVERVIEW
13.3.5 SST SOFTWARE
TABLE 202 SST SOFTWARE: COMPANY OVERVIEW
13.3.6 CROPX
TABLE 203 CROPX: COMPANY OVERVIEW
13.3.7 CROPIO (SYNGENTA AGRO AG)
TABLE 204 CROPIO: COMPANY OVERVIEW
13.3.8 CROPIN
TABLE 205 CROPIN : COMPANY OVERVIEW
13.3.9 CONSERVIS
TABLE 206 CONSERVIS: COMPANY OVERVIEW
13.3.10 EC2CE
TABLE 207 EC2CE: COMPANY OVERVIEW
13.3.11 GAMAYA
TABLE 208 GAMAYA: COMPANY OVERVIEW
13.3.12 CONNECTERRA
TABLE 209 CONNECTERRA: COMPANY OVERVIEW
13.3.13 AQUABYTE
TABLE 210 AQUABYTE: COMPANY OVERVIEW
13.3.14 ERUVAKA TECHNOLOGIES
TABLE 211 ERUVAKA TECHNOLOGIES: COMPANY OVERVIEW
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
14 APPENDIX (Page No. - 278)
14.1 INSIGHTS FROM INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
The study involved four major activities for estimating the size of the farm management software market. Exhaustive secondary research has been carried out to collect information relevant to the market, its peer markets, and its parent market. Primary research has been undertaken to validate key findings, assumptions, and sizing with the industry experts across the value chain of the farm management software market. Both top-down and bottom-up approaches have been employed to estimate the complete market size. It has been followed by the market breakdown and data triangulation methods to estimate the size of different segments and subsegments of the market.
Secondary Research
The study involved extensive use of secondary sources, directories, and databases, such as Hoovers, Bloomberg Businessweek, Factiva, and OneSource, to identify and collect information useful for a technical, market-oriented, and commercial study of the farm management software market. Few of major secondary sources includes International Federation of Robotics, International Livestock Research Institute (ILRI), International Society for Precision Agriculture, International Association of Horticultural Producers, and National Oceanic and Atmospheric Association (NOAA Fisheries).
Vendor offerings have been taken into consideration to determine the market segmentation. The entire research methodology included the study of annual reports, press releases, and investor presentations of companies; white papers; and certified publications and articles by recognized authors; directories; and databases.
Primary Research
Extensive primary research has been conducted after acquiring an understanding of the farm management software market scenario through secondary research. Several primary interviews have been conducted with market experts from both the demand and supply-side players across key regions, namely, North America, Europe, APAC, and Middle East and Africa (MEA) and South America. Various primary sources from both the supply and demand sides of the market have been interviewed to obtain qualitative and quantitative information. Following is the breakdown of the primary respondents.
Primary data has been collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, various departments within organizations, such as sales, operations, and administration, were covered to provide a holistic viewpoint in our report. After interacting with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report.
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Market Size Estimation
Both top-down and bottom-up approaches have been used to estimate and validate the size of farm management software market and its segments. The research methodology used to estimate the market size includes the following:
- Key players in the market have been identified through extensive secondary research
- The supply chain and the size of the farm management software market, in terms of value, have been determined through primary and secondary research processes
- Several primary interviews have been conducted with key opinion leaders related to farm management software market including key OEMs, IDMs, and Tier I suppliers.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources
- Qualitative aspects such as market drivers, restraints, opportunities, and challenges have been taken into consideration while calculating and forecasting the market size.
Global Farm management software market Size: Bottom-Up Approach
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Data Triangulation
After arriving at the overall market size—using the market size estimation process explained above—the market has been split into several segments and subsegments. Data triangulation and market breakdown procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for each segment and subsegment of the market. The data has been triangulated by studying various factors and trends from both demand and supply sides of the farm management software market.
Report Objectives
- To describe and forecast the farm management software market, in terms of value, based on offering, farm size, production planning, application, and region
- To describe and forecast the farm management software market, in terms of value, for various segments with respect to 4 key regions, namely, North America, Europe, Asia Pacific (APAC), and the Rest of the World (RoW)
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contribution to the overall market
- To provide a detailed overview of the farm management software value chain
- To strategically profile the key players and comprehensively analyze their market ranking in terms of revenue and core competencies
- To provide detailed information regarding drivers, restraints, opportunities, and challenges pertaining to the farm management software market
- To map competitive intelligence based on company profiles, strategies of key players, and game-changing developments such as product launches, partnerships, collaborations, and agreements undertaken in the farm management software market
Available Customizations:
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Company Information
- Detailed analysis and profiling of additional market players (up to 5)
- Additional country-level analysis of farm management software market
- Estimation of the market size of the segments of the farm management software market based on different subsegments
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Growth opportunities and latent adjacency in Farm Management Software Market
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