Farm Management Software is used to optimize and manage farm operations and production activities. This software helps in automating farm activities. This software is customized in nature to meet specific farm requirements since each firm has particular activities that are carried out. As farmers are facing a fast-changing business environment, tough market conditions and fierce competition, more than ever before. This helps strengthening of intellectual property rights over agricultural innovations and increasing focus on monitoring livestock performance and health to increase farm efficiency that drives the growth of the farm management software market.This growth is primarily driven by Penetration of Cloud in Farm Data
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The Environmental & Facilities Services sector in the region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region.
Major Manufacturers, such as FarmLogs (United States), Granular (United States), The Climate Corporation (United States), FarmFlo (Ireland), Cropio (United States), Conservis (United States), Topcon Corporation (Japan), GEA Group (Germany), Tetra Laval group (DeLaval) (Switzerland) and Agrivi (United Kingdom), etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
In Aug 2018, Agriwebb Announced Acquisition Of Farmwizard To Provide Farmers With Complete Task And Inventory Management Tools To Create To – Do Lists For Each Field, Track Inputs On Pasture Land And Any Complementary Cropping Land.
In Nov 2018, Cropln Technology Solutions Pvt. Ltd. Raised USD 8 Million in A Series B Funding From Chiratae Ventures and the Bill and Melinda Gate Foundation Strategic Investment Fund. Additionally, In Dec 2018, Rabo Agrifinance And Conservis Announced A Partnership To Mark The Next Evolution In Farm Utilize As Data To Make Informed Business Decisions.In This Market Major Players Are Taking Initiatives To Meet Their Organic And Inorganic Strategy Growth, Companies Are Investing In Product Portfolio And Also Focusing Towards Enhancing Their Global Reach.
Rising Demand for Fleet Navigation and Fish Tracking Services and Expanding Field on a Global Scale
Market Growth Drivers:
Penetration of Cloud in Farm Data, Increasing Focus towards Farm Efficiency across the Worldwide and Growing Demand for Traceability in Our Food Supply
Output Data Management and Capital Market Challenge
Heavy Capital Investments and Lack of Technical Acumen
Growing Mobile Subscriber Base
AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mainly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the market's growth. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.
Data Sources of Farm Management Software Market Study
Primary Collection: InMail, LinkedIn Groups, Survey Monkey, Google, and Other professional Forums are some of the mediums utilized to gather primary data through key industry participants and appointees, subject-matter experts, C-level executives of Farm Management Software Industry, among others including independent industry consultants, experts, to obtain and verify critical qualitative commentary and opinion and quantitative statistics, to assess future market prospects.The primary interviews and data collected as per the below protocols:
By Designation: C-Level, D-Level, Others
By Company Type: Tier 1, Tier 2, Tier 3
Secondary Data Sources such as Annual reports, Press releases, Analyst meetings, Conference calls, Investor presentations, Management statements, and SEC filings of Farm Management Software players along with Regulatory Sites, Association, World bank, etc were used as sources secondary set of data.
Customization in the Report
AMA Research features not only specific market forecasts but also includes significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Farm Management Software Study Sheds Light on
The Farm Management Software Market status quo and key characteristics. To end this, Analysts at AMA organize and took surveys of the Farm Management Software industry Manufacturers. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Farm Management Software industry is heading and what are the top priorities. Insights are drawn from financial analysis, surveys, and interviews with key executives and industry experts.
How every company in this diverse set of Manufacturers can best navigate the emerging competition landscape and follow a strategy that helps them position to hold the value they currently claim or capture the new addressable opportunity.