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(I-SoftwareNews.Com, March 19, 2018 ) Global Farm Management Software Market, Application, and Regional Market Size, Status and Forecast to 2025
The Global Farm Management Software Market was valued at USD 755.23 million in 2016 and is projected to reach USD 2524.67 million by 2025, growing at a CAGR of 14.35% from 2017 to 2025.
Farm Management Software provides several benefits including - better planning and tracking, save on input and labour costs, manage risks better, comply to regulatory requirements, easy and accurate traceability.
The farm management software ecosystem includes manufacturers and resellers such as Deere & Company (US), Trimble (US), AgJunction (US), Raven Industries (US), AG Leader Technology (US), SST Development Group (US), DICKEY-john (US), Topcon Positioning Systems (US), The Climate Corporation (US), Iteris (US), DeLaval (US), BouMatic (US), Conservis (US), FARMERS EDGE (Canada), and GEA Group (Germany).
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The companies operating in the global farm management software market are Produce Inventory Control System Software, DWorks for Precision Ag, Feed Mill Manager, Accufarm Manager, Hectus Livestock Manager, Famous Software, CattleLink, VitSmarter Vineyard Software, Hay&Crop Manager, and Porcitec.
The report is an inspection into the expansion of the global farm management software market over the couple of years and for the years ahead. The market research publication further sorts out the causes of the variations in the market on the global and regional basis. It does this so by assessing the aspects and the trends that were predominant over the last few years and also the ones that are anticipated have an effect on the market over the forecast period.
The Porter’s five forces analysis has been also been taken into account by the analysts in order to provide a clear outline of the vendor landscape to the reader of the report. Acquisitions, agreements, mergers, and other businesses have also been stressed in the study. The research study further inspects the administration and workflow of the key players and offers information related to their products, marketing strategies, production process, latest developments, and market shares in the past and future years.
Access More Details at http://www.kminsights.com/reports/global-farm-management-software-market--by-delivery-model--cloud-based--local-web-based---agriculture-type--smart-greenhouse-farming--precision-farming--livestock-farming--fish-farming---service-provider--connectivity-services--system-integrators--managed-services--assisted-professional-services--maintenance--upgradation--and-support-services---application--and-regional-market-size--status-and-forecast-to-2025-170639
The improvement of internet connectivity across the globe is providing a significant boost to the global farm management software market in terms of growth. Furthermore, for keeping pace with the incessantly proliferating demand for food and the need to avoid wastage is increasing the emphasis on specific farming methods. Thus, this is also leading to a surge in the demand for inventory and crop management systems, hence bolstering the growth of the global farm management software market. Additionally, governments of many countries are implementing policies that will help in promoting the employment of modern and advanced agricultural techniques, which is also expected to bode well for the growth of the global farm management software market. The growing adoption of cloud computing in the field of farm data management is further expected to propel the market’s progress.
On the other hand, the progress of the global farm management software market is anticipated to be restrained by the lack of workforces with proper technical knowledge. Poor internet connectivity, mainly in emerging economies is also expected to hamper the growth of the market in the coming years. Nevertheless, technological advancements and growing infiltration of smartphones are expected to present market players with plethora of opportunities to capitalize in the near future
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