Global Farm Management Software & Services Market 2017-2021: Focus on Record Keeping, Farm Mapping, Monitoring & Forecasting, Farm Economics, Delivery Model

Dublin, Aug. 14, 2017 -- The "Global Farm Management Software & Services Market, Analysis & Forecast (2017-2021) " report has been added to Research and Markets' offering.

The farm management software and services market is expected to reach $2,883.4 million by 2021, at a CAGR of 17.6% from 2017 to 2021. This growth is attributed to the increasing awareness among governments about the need to produce more food while taking care about the environment.

The market is expected to progress at a substantial rate due to the ever growing affinity for more convenient cloud storage which has been widely incorporated in farm management software. The governments have also realized the need and importance of these software, thus their initiatives to promote farming and agriculture further drive the growth of the market. These software promote cost effective farming which makes it profitable for the farmers as well. The increasing farm size in most of the regions further promotes the growth of the farm management software and services market as the need of software is more in larger farms were more data is generated and its collection and analysis is more complicated.

The growth of this market is being driven by certain factors such as the convenience of cloud usage in storing and accessing data, government initiatives to improve farming and agriculture, cost effective farming which helps in improving yields while reducing costs, the increasing farm size and the growing demand for food. However, certain challenges are inhibiting the overall growth for the farm management software & services market which include lack of technical knowledge, risk of security breaches, the need of large investment for on-premise software and the lack of acceptance from small farmers.

The concept of farm management software and services market revolves around the major applications which include record keeping, farm mapping, monitoring and forecasting, farm economics and other applications. The market can also be classified on basis of the type of service provided by the software. These services can either be managed services or maintenance and support services. Managed services include data services, analytics and farm operation services which include inventory management and maintenance of equipment.

The trends of the farm management software and services market varies with different geographical regions. The farm management software and services market holds a prominent share in various countries of North America, Europe, Asia-Pacific (APAC) and Rest of the World (RoW). The competitive landscape for the farm management software and services market demonstrates an inclination towards companies adopting strategies such as product launch and development, and partnerships and collaborations.

The major established players in the market, are focusing more product launch and development to introduce new forms of innovations. Trimble Navigation, Iteris Inc., AgJunction, Ag Leader, and The Climate Corporation were the most prominent names that surfaced in 2016 in this regard. These companies launched various new products and brought new developments to their existing products in order to expand their share in the market.

Key Topics Covered:

Executive Summary

1 Report Methodology & Scope

2 Market Dynamics
2.1 Drivers
2.1.1 Convenience of Cloud Usage
2.1.2 Government initiatives to improve farming and agriculture
2.1.3 Cost effective farming
2.1.4 Increasing Farm Size
2.2 Restraints
2.2.1 Lack of technical knowledge
2.2.2 Risk of security breaches
2.2.3 Huge investment
2.2.4 Lack of acceptance from small farmers
2.3 Opportunities
2.3.1 Increased cloud security
2.3.2 Increased availability of portable devices
2.3.3 Abundance of arable land

3 Competitive Landscape
3.1 Key Market Developments & Strategies
3.1.1 Mergers & Acquisitions
3.1.2 Partnerships, Collaborations & Joint Ventures
3.1.3 Product Launches
3.1.4 Business Expansion
3.2 Industry Attractiveness
3.2.1 Threat of New Entrants
3.2.2 Bargaining Power of Buyers
3.2.3 Bargaining Power of Suppliers
3.2.4 Threat from Substitutes
3.2.5 Intensity of Competitive Rivalry

4 Industry Analysis
4.1 Opportunity Matrix
4.2 Country Share Analysis
4.3 Market Share Analysis

5 Global Farm Management Software and Services Market by Delivery Model
5.1 Assumptions and Limitations for Analysis and Forecast of the Global Farm Management Software & Services Market
5.2 Market Overview
5.3 On-Premise Delivery Model
5.3.1 On-Premise Delivery Model by Application
5.3.2 On-Premise Delivery Model by Service Type
5.4 Cloud Based Delivery Model
5.4.1 Cloud Based Delivery Model by Application
5.4.2 Cloud Based Delivery Model by Service Type

6 Farm Management Software and Services Market by Service Type
6.1 Managed Services
6.1.1 Farm Operation Services
6.1.2 Data Services
6.1.3 Analytics
6.2 Maintenance and Support Services

7 Farm Management Software and Services Market by Application
7.1 Record Keeping
7.2 Farm Mapping
7.3 Monitoring and Forecasting
7.4 Farm Economics
7.5 Others

8 Farm Management Software and Services Market, by Region

9 Company Profiles

• AGRINAVIA
• Ag Leader Technology
• AgJunction
• Agrivi
• aWhere
• Conservis Corporation
• DICKEY-John
• Deere & Company
• EFC Systems
• FarmLogs
• Farmers Edge
• Granular, Inc
• Iteris, Inc
• SST Development Group Inc
• SourceTrace Systems
• TRIMBLE NAVIGATION LIMITED
• The Climate Corporation
  

For more information about this report visit https://www.researchandmarkets.com/research/htwkzv/global_farm

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