Farm management software includes all the software used for various processes involved in agriculture like crop management, inventory management, financial calculations and analysis, and customer management. The software is cloud-based or installed on-premises.
This software allows farmers to gather data from farm equipment to detect soil containing nitrogen, water requirements, and leveling of surface for cultivation. This information is fed into the software to help farmers make real-time decisions for cultivation and other financial aspects.
The analysts forecast the global farm management software market to grow at a CAGR of 16.81% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global farm management software market for 2016-2020. To calculate the market size, the report considers both the direct revenue and the indirect revenue of the vendors.
The market is divided into the following segments based on geography:
- North America
- South America
The report, Global Farm Management Software Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- N.S.T. New Science Technologies
Other prominent vendors
- Farm Works
- WMS (Wine Management Systems)
- Increased intellectual property rights (IPR) in agriculture
- Data management - For a full, detailed list, view the full report
- Increased use of UAVs
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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- Top-vendor offerings
- Research methodology
- Economic indicators
- Key market highlights
- Market overview
- Market size and forecast
PART 07: Market attractiveness
PART 08: Geographical segmentation
- North America
- South America
- Market size and forecast
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Impact of trends
PART 16: Five forces analysis
PART 17: Vendor landscape
PART 19: Other prominent vendors of farm management software
PART 20: Precision farming vendor profiles
- Ag Leader Technology
- TeeJet Technologies
- Trimble Navigation
- CNH Industrial
- Derr Equipment
- MTS Systems
- Raven Industries
- Site-Specific Technology Development Group
- Topcon Precision Agriculture
- List of abbreviations
List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Overview of precision farming market
Exhibit 03: Global farm management software market 2015-2020 ($ millions)
Exhibit 04: Technology life cycle of farm management software 2015-2016
Exhibit 05: Technology life cycle of farm management software 2019-2020
Exhibit 06: Market attractiveness 2015-2016
Exhibit 07: Market attractiveness 2019-2020
Exhibit 08: Global farm management software market by geography 2015 (%)
Exhibit 09: Growth rate of regions in global farm management software market 2015-2020 (%)
Exhibit 10: Farm management software market in North America 2015-2020 ($ millions)
Exhibit 11: Farm management software market in Europe 2015-2020 ($ millions)
Exhibit 12: Farm management software market in APAC 2015-2020 ($ millions)
Exhibit 13: Farm management software market in South America 2015-2020 ($ millions)
Exhibit 14: Farm management software market in MEA 2015-2020 ($ millions)
Exhibit 15: Impact of drivers
Exhibit 16: Households and individuals using internet (% of households and % of population)
Exhibit 17: Impact of drivers and challenges
Exhibit 18: Impact of trends
Exhibit 19: Five forces analysis
Exhibit 20: Product features matrix
Exhibit 21: Key vendors: Descriptions
Exhibit 22: Other prominent vendors
Exhibit 23: CNH Industrial: Business segments
Exhibit 24: Derr Equipment: Brand offerings
Exhibit 25: MTS Systems: Application segments
Exhibit 26: Topcon Precision Agriculture: Application segmentation
The author of the report recognizes the following companies as the key players in the global farm management software market: Agrimap, Agrimaster, Agrinavia, Agrivi, Agroptima, N.S.T. New Science Technologies, Granular, and iAgri.
Other Prominent Vendors in the market are: AgCloud, Agri-Data, Farm Works, FarmLogs, TapLogic, and WMS (Wine Management Systems).
Commenting on the report, an analyst from the research team said: “A trend which is helping to boost market growth is the increased use of UAVs. Farm management software requires accurate information about agricultural land to optimize land management. Therefore, UAVs are increasingly used in the initial stages of agriculture projects for field management. UAVs acquire data using remote sensors and produce thermal, lidar, and multispectral imaging. Also, they are eco-friendly and do not pollute the atmosphere as they use solar or electric power. Many companies offer UAVs for efficient farming.”
According to the report, a key growth driver is the increased IPR in agriculture. Ancient methods of agriculture are incapable of handling the increased demand for food. Hence, innovation in the agriculture industry is required to invent more efficient and productive ways of farming to balance the demand and supply. However, the R&D in agriculture is a highly extensive business, predominantly managed by private funding. Unlike processes funded by the public, private institutions impede the process of innovation when the system does not generate revenue as expected. Revenues have direct impact on these institutions and investors. Hence, if the rights and interests of these institutions are not safeguarded, it can have an adverse effect on the R&D process.
Further, the report states that one challenge that could hamper market growth is data management.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.