Agrivi has been selected among top 8 key vendors in the global farm management software market issued by Technavio at June 10th, 2016. This industry research report analyzes the market shares for key vendors, segments the global farm management software market by regions and includes key geographies like APAC, Europe, MEA, North America, and South America.
Global outlook of the farm management software market
The global market for farm management software is anticipated to exhibit tremendous growth during the forecast period and will be positively affected by the numerous advantages associated with the adoption of precision farming. At present, due to the surge in food demand, the concept of precision farming is being adopted in developed countries to improve crop performance. This preference for precision farming coupled with the use of farm management software will help in the proper utilization of fertilizers during spraying and application. Since this software helps farmers to minimize resource wastage and saves cost and time, it will be used by end users to obtain real-time and updated data regarding soil moisture, evapotranspiration, and electrical conductivity. According to Technavio, the market for farm management software will grow profoundly at a CAGR of almost 17% by 2020.
Competitive landscape and key vendors
The global farm management software market is an integral part of the precision farming software market, which includes automation and control systems and sensing and monitoring devices. The market is fragmented owing to the presence of many small and large players who continually compete to gain maximum market shares. Key vendors in the market are:
- N.S.T. New Science Technologies
Other prominent vendors in the market are AgCloud, Agri-Data, Farm Works, FarmLogs, TapLogic, and WMS (Wine Management Systems). Find more about the farm management software market research made by Technavio here. Interested in learning more about why Agrivi is one of the best farm management software solutions worldwide? Give it a try for free.