Farming Software and Online Data Market Scope
Farm Management software is used for planning, implementation, assessment, and optimization of tasks performed on farms and helps farmers view the production of crops at a granular level to optimize and maximize their harvest. Farm Management software provides several benefits including – higher planning and tracking, save on input and labor prices, manage risks better, comply with regulatory requirements, easy and accurate traceability. There are 2 types of delivery models of this software i.e. Cloud-Based and Local/Web-Based. Based on the agriculture type, this software is classed into smart Greenhouse Farming, precision Farming, livestock Farming, and Fish Farming. Service providers of farm management software are connectivity Services, System Integrators, Managed Services, assisted professional Services, and Maintenance, Upgradation, & Support Services.
The Farming Software and Online Data market study is segmented, by Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking and Forecasting, Inventory Management, Farm Labor Management, Financial Management and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, and new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Farming Software and Online Data market throughout the predicted period.
Trimble (United States), Raven Industries (United States), Topcon Positioning Systems (United States), Agrivi (United Kingdom), AgJunction (United States), Farmers Edge (Canada), Agworld (United States), Deere & Company (United States), IBM Corporation (United States), SST Development Group (United States) and The Climate Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Microsoft Corporation ((United States), Afimilk (Israel), Iteris (United States), GEA Farm Technologies (Ukraine), CropX (Israel), Conservis (United States), Cropio (Ukraine), CropIn (India), ec2ce (Spain), Gamaya (Switzerland), Connecterra (Netherlands), Aquabyte (United States) and Eruvaka Technologies (India).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Farming Software and Online Data market by Type, Application and Region.
On the basis of geography, the market of Farming Software and Online Data has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In February 2020, Agrivi announced the launch of 2 new products within its digital agriculture solution offering: Agrivi Precision Field, and Agrivi Farm Fleet.
- Rise in technological advancements of Artificial Intelligence
- Growing Necessity to Increase Efficiency in Farm Operations
- Increasing Farm Size
- Increasing Demand for Automation in Farming
- Rapid adoption of smart farming technologies
- Increase in Government Initiatives to Facilitate Precision Agriculture Adoption
- Growth of Software-Integrated Precision Agriculture Solutions
- Depleting Farm Income Leading to Lesser Investments in Farm Software and Analytics
- Farmer's Resistance to Share Farm Data Due to Privacy & Security
- Limited technical expertise
- Management of data for productive decision-making through single digital platform
Key Target AudienceRaw Material Supplier, Original equipment manufacturers (OEMs), Product manufacturers, suppliers and distributors, Software, service, and technology providers, Standardization and testing firms, Government bodies such as regulatory authorities and policymakers, Research institutes and organizations, Market research and consulting firms and Agrifood buyers
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Farming Software and Online Data Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.