Farm Management Software Market Share, Opportunities and Forecast by 2023

1. Farm Management Software Market Share, Opportunities and Forecast by 2023 “The Farm Management Software Market, in terms of value, is expected to grow from USD 748.0 Million in 2016 to USD 1,937.9 Million by 2023, at a CAGR of 14.12% between 2017 and 2023.” The Farm Management Software Market, in terms of value, is expected to grow from USD 748.0 Million in 2016 to USD 1,937.9 Million by 2023, at a CAGR of 14.12% between 2017 and 2023. The major drivers for the market are increasing implementation of cloud computing in real-time farm data management, growing population and demand for food worldwide, governments’ support to adopt modern agricultural techniques, strengthening of intellectual property rights over agricultural innovations, and increasing focus on monitoring livestock performance and health to increase farm efficiency, among others. This report covers the farm management software market based on agriculture type, delivery model, service provider, application, and geography. The precision farming agriculture type is expected to lead the market between 2017 and 2023. Precision farming is expected to be the fastest-growing agriculture type in market due to increasing focus on farm efficiency, crop yield, and productivity. The increasing demand for food worldwide, extended profitability and production due to the implementation of advanced techniques in farming, and monitoring of crops to yield production benefits are some of the major factors contributing to the growth of the market for precision farming. Also, the government initiatives worldwide are helping farmers use optimized agricultural and technological tools and improve their farm production. Farm management software market has different delivery models such as local/web and cloud based. The local/web-based delivery model includes software that is installed locally and can be considered as a static approach of using the software. A cloud-based delivery model is dynamic and includes software that can be used according to the customer requirements for data storage on the cloud; also, no physical infrastructure, such as servers and cables, is required for operating this model. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=217016636

2. The farm management software market in APAC is expected to grow at the highest rate between 2017 and 2023. The adoption rate of farm management software is expected to grow at a high rate in APAC as this region consists of emerging countries such as India, China, and Southeast Asian countries. Rapidly increasing population, availability of arable farms, and government support through subsidies are the factors that are driving the adoption of the market in APAC. The prime objectives of this report can be summarized in the following points. To define, describe, and forecast the global farm management software market on the basis of agriculture type, delivery model, application, service provider, and geography To strategically analyze micromarkets with respect to individual growth trends, future prospects, and contribution to the total market To analyze the opportunities in the market for stakeholders To forecast the market size for various segments with respect to the following regions: Americas, Europe, Asia Pacific (APAC), and Rest of the World (RoW) To strategically profile the key players and comprehensively analyze their market rankings and core competencies To provide detailed information regarding the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges) To analyze competitive strategies such as contracts, joint ventures, mergers and acquisitions, product developments, and R&D in the farm management software market To map the competitive intelligence based on company profiles, key player strategies, and game- changing developments such as contracts, product launches, collaborations, and acquisitions Request Sample Copy of this Market Research @ https://www.marketsandmarkets.com/requestCustomization.asp?id=217016636 This study involves the extensive use of secondary sources, directories, and databases (such as Hoovers, Bloomberg Business, Factiva, and OneSource) to identify and collect information useful for this study. The research methodology followed in this report is explained below. Identifying various applications and industries that are using or are expected to adopt farm management software services Analyzing each application, along with the related major companies and their system integrators and identifying the service providers for the adoption of farm management software Understanding the demand generated by these applications for farm management software Estimating the market size of farm management software for each region Tracking the ongoing and upcoming implementation of farm management software by various companies for each application and region to forecast the market based on these developments and other critical parameters

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