PUNE, India, July 21, 2016 /PRNewswire-iReach/ -- APAC to
offer high-growth avenues for the farm management software market
during the forecast period. The farm management software market in
APAC is expected to grow at a high rate. This growth can be
attributed to agricultural developments and increased governmental
expenditure. Growing economies in this region such as India and China offer lucrative opportunities to the
companies providing farm management software. Complete report on
"Farm Management Software Market"spread across 163 pages, profiling
17 companies and supported with 64 tables and 57 figures is now
available
at http://www.rnrmarketresearch.com/farm-management-software-market-by-farming-type-crop-livestock-farming-services-managed-maintenance-support-delivery-model-on-premise-cloud-based-application-and-geography-global-forecast-to-2022-market-report.html
.
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APAC is the fastest-growing market for farm management software.
Countries such as China,
India, Australia, New-Zealand, and Japan are the key contributors to the growth
of the market. Increased government spending, improved standard of
living, urbanization, and growing awareness among agriculturists
regarding advanced farming solutions are some of the key drivers
for the growth of the farm management software market in this
region.
The major companies in the farm management software ecosystem
profiled in this report are as follows:
- AgJunction (U.S.)
- SST Development Group, Inc. (U.S.)
- The Climate Corp. (U.S.)
- EFC Systems, Inc. (U.S.)
- Iteris, Inc. (U.S.)
- Deere & Co. (U.S)
- Trimble Navigation Ltd. (U.S)
- Granular, Inc. (U.S.)
- Agrivi Ltd. (U.K.)
- FarmerEdge (Canada)
- New Science Technologies Ltd. (Cyprus)
This research study is beneficial for following audience:
- Agricultural consultants
- Agriculture hardware providers, including regional equipment
manufacturers, sensor manufacturers, display device manufacturers,
guidance & steering manufacturers, and GPS/GNSS device
manufacturers
- Software dealers & distributors
- Agriculture cloud service providers
- Remote sensing service providers
- GNSS signal service providers
- Research institutions and organizations
- Market research & consulting firms
Record keeping applications to dominate the farm management
software market during the forecast period. Record keeping is the
largest application of farming software, since records provide
premise for decision making, auditing, and analyzing the
performance of farming operations. The market for record keeping
applications was valued at USD 329.2
million in 2015 and is expected to grow at a CAGR of 14%
between 2016 and 2022. Maintaining records has become a major
objective for farmers, agricultural consultants, and other
stakeholders. Replacing existing traditional systems with efficient
software is one of the ways to reduce and eliminate the errors, and
store large amount of data. For more information on "Farm
Management Software Market by Farming Type (Crop & Livestock
Farming), Services (Managed, Maintenance & Support), Delivery
Model (On-Premise, Cloud-Based), Application, and Geography -
Global Forecast to 2022" research report at
http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=636025
.
In the process of determining and verifying, the farm management
software market size for several segments and sub segments gathered
through secondary research, extensive primary interviews were
conducted with key people. In Tier 1 (20%), Tier 2 (45%) and Tier 3
(35%) companies were contacted for primary interviews. The
interviews were conducted with various key people such as C-level
Executives (33%), Director Level (45%) and others (22%) from
various key organizations operating in the farm management software
market. The primary interviews were conducted worldwide covering
regions such as North America
(45%), Europe (22%), APAC (22%),
and RoW (11%).
On a related note, another research titled Smart Agriculture
Market Global Forecast to 2022 says, the smart agriculture
market is expected to reach USD 18.45
billion by 2022, at a CAGR of 13.8% between 2016 and 2022.
Precision farming held the largest share of the market segmented on
the basis of application in the Smart agriculture market in 2015.
The market in Asia-Pacific is
expected to grow at the highest CAGR in the smart agriculture
market on the basis of geography between 2016 and 2022. The market
for network elements is expected to grow at the highest CAGR in the
hardware and network platform segment of the Smart agriculture
market. Companies like Deere & Company (U.S.), Trimble
Navigation Ltd. (U.S.), Ag Junction (U.S.), Raven Industries Inc.
(U.S.), and AGCO Corporation (U.S.) have been profiled in this 145
pages research report available at
http://www.rnrmarketresearch.com/smart-agriculture-market-by-hardware-and-network-platform-gps-gnss-devices-sensor-monitoring-systems-and-smart-detection-systems-network-elements-service-software-application-and-geography-global-forecast-to-2022-market-report.html
.
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