Farm Management Software Market worth $5.8 billion by 2029
Source: The DairyNews
The Farm Management Software Market is projected to reach from USD 3.4 billion in 2024 to USD 5.8 billion by 2029; it is expected to grow at a CAGR of 11.0% from 2024 to 2029 according to a new report by MarketsandMarkets™.
The adoption of farm management software enables farmers to embrace sustainable farming practices by optimizing input utilization, minimizing waste, and enhancing soil health. This becomes particularly crucial in response to heightened consumer demands for sustainable food production practices.
Precision aquaculture is expected to experience rapid growth, propelled by various factors including technological advancements, heightened demand for protein-rich aquatic food, environmental considerations, sustainability objectives, and enhanced efficiency and profitability advantages.
The growth of data analytics services within farm management software is projected to accelerate due to several factors. There is an increasing demand for precision farming techniques, which rely heavily on data analysis for optimizing agricultural practices. The rising need for real-time data management, facilitated by cloud computing, is driving the adoption of data analytics services. Additionally, there is a growing recognition of the importance of managed services in enhancing farm efficiency and reducing costs. Data analytics services play a crucial role in managed services by providing insights and foresight into various processes and functions, ultimately improving operations and reducing expenditures by replacing directly employed staff with more efficient solutions, - writes MarketsandMarkets
Precision aquaculture is expected to experience rapid growth, propelled by various factors including technological advancements, heightened demand for protein-rich aquatic food, environmental considerations, sustainability objectives, and enhanced efficiency and profitability advantages.
The growth of data analytics services within farm management software is projected to accelerate due to several factors. There is an increasing demand for precision farming techniques, which rely heavily on data analysis for optimizing agricultural practices. The rising need for real-time data management, facilitated by cloud computing, is driving the adoption of data analytics services. Additionally, there is a growing recognition of the importance of managed services in enhancing farm efficiency and reducing costs. Data analytics services play a crucial role in managed services by providing insights and foresight into various processes and functions, ultimately improving operations and reducing expenditures by replacing directly employed staff with more efficient solutions, - writes MarketsandMarkets
23.09.2024
Carbon emissions in global milk production - the elephant in the room
I have been thinking to make this post yes/ no. I decided for yes and like to ask everyone to not "shoot the messenger". The chart shows an analysis of IFCN Dairy Research Network from the 2024 supporter conference in Poland.
