[215 Pages Report] The farm management software market is expected to grow from USD 748.0 million in 2016 to USD 1,937.9 million by 2023, at a CAGR of 14.12% between 2017 and 2023. The base year considered for the study is 2016 and the market size forecast is provided for the period between 2017 and 2023.

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This report covers the farm management software market based on agriculture type, delivery model, service provider, application, and geography. The precision farming agriculture type is expected to lead the market between 2017 and 2023. Precision farming is expected to be the fastest-growing agriculture type in farm management software market due to increasing focus on farm efficiency, crop yield, and productivity. The increasing demand for food worldwide, extended profitability and production due to the implementation of advanced techniques in farming, and monitoring of crops to yield production benefits are some of the major factors contributing to the growth of the farm management software market for precision farming. Also, the government initiatives worldwide are helping farmers use optimized agricultural and technological tools and improve their farm production.

Farm management software market has different delivery models such as local/web and cloud based. The local/web-based delivery model includes software that is installed locally and can be considered as a static approach of using the software. A cloud-based delivery model is dynamic and includes software that can be used according to the customer requirements for data storage on the cloud; also, no physical infrastructure, such as servers and cables, is required for operating this model.

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The farm management software market in APAC is expected to grow at the highest rate between 2017 and 2023. The adoption rate of farm management software is expected to grow at a high rate in APAC as this region consists of emerging countries such as India, China, and Southeast Asian countries. Rapidly increasing population, availability of arable farms, and government support through subsidies are the factors that are driving the adoption of the farm management software market in APAC.

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