The global Farm Management Software and Services Market is forecasted to reach USD 3.24 Billion by 2027, according to a new report by Reports and Data. The rising trend of remote sensing technologies for consistent monitoring is propelling the market demand. The constant vigil provides farmers with real-time weather information and also enables them to reduce the impact of natural calamities. The proliferation of advanced technologies is driving market demand. Moreover, the adoption of virtual fences to separate paddocks while grazing is also encouraging market growth. As the maintenance of fences is getting expensive, the deployment of virtual fences is gaining traction.
The growing penetration of smartphones and high-speed internet is also driving the demand. Market players are leveraging high-speed internet to provide these advanced technologies to farmers, especially in Asian nations, such as India, China, Japan, and South Korea. However, the high capital required to deploy these technologies will restrain the market demand. Moreover, lack of technical expertise will also hinder the market growth.
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Key Summary of Regional Analysis and Competitive Landscape:
The report offers a comprehensive overview of the competitive landscape of the Farm Management Software and Services industry. The competitive landscape includes extensive profiling and overview of prominent players of the Farm Management Software and Services industry. The report studies the following companies in detail : Deere & Company, Trimble, Ag Junction, Raven Industries, Iteris, Ag Leader Technology, DeLaval, DICKEY-john, Topcon Positioning Systems, BouMatic.
For this report, Reports and Data have segmented into the global Farm Management Software Services Market based on Agricultural Type, Service Provider, Delivery Model, Application, and region:
Agriculture Type Outlook (Revenue, USD Billion; 2017-2027)
• Precision Farming
• Livestock Farming
• Fish Farming
• Smart Greenhouse Farming
• Other
Service Provider Outlook (Revenue, USD Billion; 2017-2027)
• System Integrators
• Managed Services
• Assisted Professional Services
• Connectivity Services
• Maintenance, Upgradations, and Support Services
Delivery Model Outlook (Revenue, USD Billion; 2017-2027)
• Local/Web-Based
• Cloud-Based
Application Outlook (Revenue, USD Billion; 2017-2027)
• Precision Farming Application
• Livestock Farming Application
• Fish Farming Application
• Smart Greenhouse Farming Application
• Other Application
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Along with the basic information, the report also offers insights into marketing strategies readily adopted by the key manufacturers for the endorsement of their products. The report offers significant data pertaining to development trends and market position to offer deeper insights into targeted clients, brand promotions, and pricing analysis. The report also sheds light on the supply chains and the changes in the trends of the upstream raw materials and downstream distributors.
The report explains the market share and sales volume of each company, along with the key details of the operations of these companies. The report further offers extensive coverage of their product portfolio, business expansion plans, gross profit margins, revenue contribution, investment plans, and financial standings. The report also covers the strategic alliances observed within these key companies such as mergers and acquisitions, joint ventures, corporate and government deals, partnerships and agreements, and brand promotions and product launches.
Table Of Content:
Chapter 1. Market Synopsis
1.1. Market Definition
1.2. Research Scope & Premise
1.3. Methodology
1.4. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Indicative Metrics
Chapter 4. Farm Management Software and Services Market Segmentation & Impact Analysis
4.1. Farm Management Software and Services Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
Continued
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Furthermore, the research study gives additional insights into the companies’ regional presence through extensive regional analysis. The regional analysis covers the key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The regional analysis segment covers details about the market share held by each region along with the prospective growth opportunities and revenue generation. The report also offers a projection of the growth rate for each region in the entirety of the forecast timeline. It also offers a country-wise analysis to impart a better understanding of the industry.
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