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Farm Management Software Industry 2030 Outlook, Regions, Size Estimation and Upcoming Trend
The global Farm Management Software (FMS) market was valued at USD 3.30 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 16.2% from 2023 to 2030. This significant growth can be attributed to the increasing adoption of cloud computing technologies for real-time farm data management, as well as the growing integration of Information Communication Technology (ICT), particularly technologies like the Internet of Things (IoT) and big data analytics in agriculture. These advancements help address a range of challenges that the agriculture industry faces, such as resource constraints (e.g., water, energy, labor shortages) and social issues (e.g., environmental concerns, animal welfare, and the use of fertilizers) that impact agricultural productivity.
Farm Management Software enables farmers to efficiently manage their operations by streamlining data collection, analysis, and decision-making processes. This approach helps in optimizing the use of resources and improving overall farm productivity. The integration of advanced technologies allows farmers to better monitor crops, manage soil health, and handle environmental challenges, ultimately improving the sustainability of agricultural practices.
The COVID-19 pandemic had a profound impact on the farm management software market. The pandemic led to significant disruptions in supply chains and posed operational challenges for the agriculture industry. In response, there was a marked increase in the demand for digital solutions. Farmers began relying more on digital tools to minimize physical interactions and optimize farm operations remotely. This surge in demand for data analytics and remote monitoring capabilities drove the adoption of farm management software. Moreover, precision agriculture gained momentum, as farmers increasingly relied on GPS-guided equipment, sensors, and other software-integrated tools to enhance resource utilization and improve operational efficiency.
Gather more insights about the market drivers, restrains and growth of the Farm Management Software Market
Regional Insights:
North America Farm Management Software Market Trends
In 2022, North America dominated the global farm management software market, accounting for 33.7% of the revenue share. The region is home to several prominent market players such as AgJunction LLC, Farmers Edge Inc., CropZilla Inc., and Deere & Company, which play key roles in the development and adoption of FMS. The market growth in North America is driven by the region's widespread adoption of precision agriculture practices, efficient resource management, and a strong focus on sustainability. Additionally, the growing emphasis on data-driven decision-making and ongoing advancements in agricultural technologies have bolstered the market's expansion in the region. These factors enable farmers in North America to optimize their operations, enhance productivity, and maintain a competitive edge in the agricultural landscape.
Asia Pacific Farm Management Software Market Trends
The Asia Pacific region is expected to witness the highest CAGR of 16.7% during the forecast period. Countries like China and Japan are at the forefront of this growth, with companies in the region increasingly investing in research and development (R&D) to introduce advanced drones aimed at improving agricultural productivity. Drones, integrated with farm management software, play a crucial role in enhancing productivity by enabling data collection and analysis. These drones, equipped with various sensors, capture valuable data about crop health, soil conditions, and field mapping, which is then processed by farm management software to provide actionable insights. Such advancements help farmers make informed decisions to optimize their operations.
Key market players in the region, such as Yamaha Motor Co., Ltd. (Japan) and DJI (China), are innovating by introducing drones with better sensors and imaging capabilities to enhance the quality of the data collected, thereby improving the efficiency of farm management.
Browse through Grand View Research's Category Next Generation Technologies Industry Research Reports.
The global mobile payment market size was valued at USD 88.50 billion in 2024 and is projected to grow at a CAGR of 38.0% from 2025 to 2030.
The global bank kiosk market size was valued at USD 19.57 billion in 2024 and is expected to grow at a CAGR of 16.1% from 2025 to 2030.
Key Companies & Market Share Insights:
The global Farm Management Software market is highly competitive, with numerous key players driving innovations and adopting strategies like partnerships and collaborations to strengthen their position in the market. One notable example is the partnership between Farmers Edge, Inc. and Google Cloud, announced in January 2021. This collaboration aims to enhance the company’s services by integrating advanced technologies such as artificial intelligence (AI), machine learning, and predictive analytics into its farm management platform. By leveraging these technologies, the company seeks to provide farmers with more accurate data insights, better predictive capabilities, and improved resource management, further driving the adoption of farm management software.
These companies are also focusing on the integration of new technologies like IoT, cloud computing, and data analytics to make farm operations more efficient, automated, and sustainable. As the demand for farm management software continues to grow, the competitive landscape is expected to intensify, with companies vying for market share by continuously innovating and offering advanced, user-friendly solutions.
Key Farm Management Software Companies:
Ag Leader Technology
AgJunction LLC
BouMatic
CropX, Inc.
CropZilla Inc.
DeLaval
DICKEY-john
Deere & Company
Corteva
CNH Industrial
Trimble Inc.
Climate LLC.
Gamaya
GEA Group Aktiengesellschaft
Farmers Edge Inc.
Gronetics
Order a free sample PDF of the Farm Management Software Market Intelligence Study, published by Grand View Research.
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Farm Management Software Market 2030 - In-Depth Analysis on Size, Trends & Prominent Key Players
The global Farm Management Software (FMS) market was valued at USD 3.30 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 16.2% from 2023 to 2030. This significant growth can be attributed to the increasing adoption of cloud computing technologies for real-time farm data management, as well as the growing integration of Information Communication Technology (ICT), particularly technologies like the Internet of Things (IoT) and big data analytics in agriculture. These advancements help address a range of challenges that the agriculture industry faces, such as resource constraints (e.g., water, energy, labor shortages) and social issues (e.g., environmental concerns, animal welfare, and the use of fertilizers) that impact agricultural productivity.
Farm Management Software enables farmers to efficiently manage their operations by streamlining data collection, analysis, and decision-making processes. This approach helps in optimizing the use of resources and improving overall farm productivity. The integration of advanced technologies allows farmers to better monitor crops, manage soil health, and handle environmental challenges, ultimately improving the sustainability of agricultural practices.
The COVID-19 pandemic had a profound impact on the farm management software market. The pandemic led to significant disruptions in supply chains and posed operational challenges for the agriculture industry. In response, there was a marked increase in the demand for digital solutions. Farmers began relying more on digital tools to minimize physical interactions and optimize farm operations remotely. This surge in demand for data analytics and remote monitoring capabilities drove the adoption of farm management software. Moreover, precision agriculture gained momentum, as farmers increasingly relied on GPS-guided equipment, sensors, and other software-integrated tools to enhance resource utilization and improve operational efficiency.
Gather more insights about the market drivers, restrains and growth of the Farm Management Software Market
Regional Insights:
North America Farm Management Software Market Trends
In 2022, North America dominated the global farm management software market, accounting for 33.7% of the revenue share. The region is home to several prominent market players such as AgJunction LLC, Farmers Edge Inc., CropZilla Inc., and Deere & Company, which play key roles in the development and adoption of FMS. The market growth in North America is driven by the region's widespread adoption of precision agriculture practices, efficient resource management, and a strong focus on sustainability. Additionally, the growing emphasis on data-driven decision-making and ongoing advancements in agricultural technologies have bolstered the market's expansion in the region. These factors enable farmers in North America to optimize their operations, enhance productivity, and maintain a competitive edge in the agricultural landscape.
Asia Pacific Farm Management Software Market Trends
The Asia Pacific region is expected to witness the highest CAGR of 16.7% during the forecast period. Countries like China and Japan are at the forefront of this growth, with companies in the region increasingly investing in research and development (R&D) to introduce advanced drones aimed at improving agricultural productivity. Drones, integrated with farm management software, play a crucial role in enhancing productivity by enabling data collection and analysis. These drones, equipped with various sensors, capture valuable data about crop health, soil conditions, and field mapping, which is then processed by farm management software to provide actionable insights. Such advancements help farmers make informed decisions to optimize their operations.
Key market players in the region, such as Yamaha Motor Co., Ltd. (Japan) and DJI (China), are innovating by introducing drones with better sensors and imaging capabilities to enhance the quality of the data collected, thereby improving the efficiency of farm management.
Browse through Grand View Research's Category Next Generation Technologies Industry Research Reports.
The global mobile payment market size was valued at USD 88.50 billion in 2024 and is projected to grow at a CAGR of 38.0% from 2025 to 2030.
The global bank kiosk market size was valued at USD 19.57 billion in 2024 and is expected to grow at a CAGR of 16.1% from 2025 to 2030.
Key Companies & Market Share Insights:
The global Farm Management Software market is highly competitive, with numerous key players driving innovations and adopting strategies like partnerships and collaborations to strengthen their position in the market. One notable example is the partnership between Farmers Edge, Inc. and Google Cloud, announced in January 2021. This collaboration aims to enhance the company’s services by integrating advanced technologies such as artificial intelligence (AI), machine learning, and predictive analytics into its farm management platform. By leveraging these technologies, the company seeks to provide farmers with more accurate data insights, better predictive capabilities, and improved resource management, further driving the adoption of farm management software.
These companies are also focusing on the integration of new technologies like IoT, cloud computing, and data analytics to make farm operations more efficient, automated, and sustainable. As the demand for farm management software continues to grow, the competitive landscape is expected to intensify, with companies vying for market share by continuously innovating and offering advanced, user-friendly solutions.
Key Farm Management Software Companies:
Ag Leader Technology
AgJunction LLC
BouMatic
CropX, Inc.
CropZilla Inc.
DeLaval
DICKEY-john
Deere & Company
Corteva
CNH Industrial
Trimble Inc.
Climate LLC.
Gamaya
GEA Group Aktiengesellschaft
Farmers Edge Inc.
Gronetics
Order a free sample PDF of the Farm Management Software Market Intelligence Study, published by Grand View Research.
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Farm Management Software Market Analysis by Application 2030
The global Farm Management Software (FMS) market was valued at USD 3.30 billion in 2022 and is projected to expand at a compound annual growth rate (CAGR) of 16.2% from 2023 to 2030. This significant growth can be attributed to the increasing adoption of cloud computing technologies for real-time farm data management, as well as the growing integration of Information Communication Technology…
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Farm Management Software Market Outlook and Forecast Report, 2030
The global farm management software market size is anticipated to reach USD 10.58 billion by 2030, growing at a CAGR of 16.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. Farm management software has witnessed remarkable growth in the agriculture industry, primarily driven by the need for increased efficiency and productivity, technological advancements, and digital transformation in agriculture. The software provides farmers with valuable tools and features to streamline farm operations, optimize resource utilization, and make data-driven decisions, ultimately enhancing productivity and reducing operational costs. For instance, a modern farm using farm management software can efficiently manage irrigation schedules based on real-time weather data, analyze soil conditions to determine optimal crop varieties, and monitor equipment performance remotely, resulting in higher yields and improved profitability.
The rising awareness of sustainability and environmental concerns has prompted farmers to adopt more eco-friendly practices. Farm management software facilitates site-specific crop management, reducing pesticide usage and minimizing environmental impact. For example, by using data from the software to identify areas with pest infestations, farmers can apply targeted treatments, reducing overall chemical usage and preserving the ecosystem's health. In addition, the integration of precision agriculture technologies with farm management software allows farmers to adopt precise and resource-efficient practices, such as variable rate application of fertilizers, further improving sustainability and resource management on the farm.
Farmers’ increasing focus on crop yield, productivity, and farm efficiency is expected to positively influence the demand in the market over the forecast period. Technologies such as cloud computing and the Internet of Things (IoT) are expected to increase the usage of big data, artificial intelligence, and robots in farming. Big data is essential in providing predictive insights in agriculture, redesigning business processes, and making real-time operational decisions for altering business models.
Gather more insights about the market drivers, restrains and growth of the Farm Management Software Market
Detailed Segmentation:
COVID-19 Impact
The COVID-19 pandemic significantly impacted the farm management software market. As the agricultural sector faced supply chain disruptions and challenges, there was a notable surge in the demand for digital solutions. Farmers sought to minimize physical interactions and optimize farm operations remotely, driving the adoption of farm management software with data analytics and remote monitoring capabilities. Precision agriculture also gained momentum, with farmers leveraging software-integrated tools like GPS-guided equipment and sensors to enhance resource utilization and efficiency.
Agriculture Type Insights
Based on agriculture type, the market has been segmented into precision farming, livestock monitoring, smart greenhouses, and others. The other segment includes horticulture and fish farming. The precision farming segment dominated the overall farm management software market with a share of 43.5% in 2022 and is expected to remain dominant over the forecast period.
Precision farming involves using IoT and Information Communication Technologies (ICT) to preserve resources and optimize yields. It will help the growers control the amount of fertilizers to be applied to the farm field by measuring conditions within a field and adapting the harvesting strategy accordingly. Both hardware and software tools are used to analyze the naturally occurring conditions in every field and are treated accordingly. The key application of precision farming includes yield monitoring, crop scouting, irrigation management, inventory management, and weather tracking.
Deployment Model Insights
Based on deployment model, the market has been segmented into web-based and cloud-based. The cloud-based segment is anticipated to witness the highest CAGR of 17.7% over the forecast period. The cloud-based software solution does not require users to purchase a server to run the farm software. Adopting these solutions is expected to reduce the costs of administering servers, purchasing the servers, software licensing, backups, and security. Furthermore, the solutions can be accessed from mobile phones, PCs, and tablets.
Solution Insights
Based on solution, the market has been segregated into software and services. The software segment dominated with a revenue share of 63.9% in 2022. The growth of the segment can be attributed to the increasing recognition of the advantages that digital solutions bring to the agriculture industry. Farm management software offers various key benefits to agricultural businesses, such as streamlining farm operations, efficient resource management, improved decision-making through data analytics, enhanced crop planning, and better inventory tracking.
Regional Insights
North America dominated the overall market in 2022, with a revenue share of 33.7%. North America has prominent market players such as AgJunction LLC; Farmers Edge Inc.; CropZilla Inc.; and Deere & Company. The region's adoption of precision agriculture practices, efficient resource management, and focus on sustainability drive the demand for farm management software solutions. Additionally, the growing emphasis on data-driven decision-making and advancements in technology contribute to the high market share in North America. These factors enable farmers to optimize their operations, improve productivity, and stay competitive in the evolving agricultural landscape.
Browse through Grand View Research's Next Generation Technologies Industry Research Reports.
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Key Companies & Market Share Insights
The market is competitive and has the presence of several key market players. These players are adopting strategies such as partnerships and collaborations to gain a competitive edge. For instance, in January 2021, Farmers Edge, Inc. announced a partnership with Google Cloud to promote the company’s services and boost the implementation of artificial intelligence, machine learning, and predictive analysis in its program.
Some prominent players in the global farm management software market include:
• Ag Leader Technology
• AgJunction LLC
• BouMatic
• CropX, Inc.
• CropZilla Inc.
• DeLaval
• DICKEY-john
• Deere & Company
• Corteva
• CNH Industrial
• Trimble Inc.
• Climate LLC.
• Gamaya
• GEA Group Aktiengesellschaft
• Farmers Edge Inc.
• Gronetics
Farm Management Software Market Segmentation
Grand View Research has segmented the global farm management software market based on agriculture type, deployment model, solution, and region:
Farm Management Software Agriculture Type Outlook (Revenue, USD Million, 2017 - 2030)
• Precision Farming
• Livestock Monitoring
• Smart Greenhouse
• Others
Farm Management Software Deployment Model Outlook (Revenue, USD Million, 2017 - 2030)
• Web-based
• Cloud-based
Farm Management Software Solution Outlook (Revenue, USD Million, 2017 - 2030)
• Software
• Services
o System Integration & Consulting
o Maintenance & Support
o Managed Services
o Data Services
o Analytics Services
o Farm Operation Services
o Assisted Professional Services
o Supply Chain Management Services
o Climate Information Services
Farm Management Software Regional Outlook (Revenue, USD Million, 2017 - 2030)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
• Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
• Latin America
o Brazil
o Mexico
• Middle East and Africa (MEA)
o Kingdom of Saudi Arabia (KSA)
o UAE
o South Africa
Order a free sample PDF of the Farm Management Software Market Intelligence Study, published by Grand View Research.
#Farm Management Software Market#Farm Management Software Market size#Farm Management Software Market share#Farm Management Software analysis#Farm Management Software Industry
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Farm Management Software Market Size, Share, Statistics and Industry Growth Analysis Report by Application (Precision Farming, Livestock, Aquaculture, Forestry, Smart Greenhouses), Offering (On-cloud, On-premise, Data Analytics Services), Farm Size, Production Planning and Geography
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Farm Management Software Market - Forecast (2023 - 2028)
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#Farm Management Software Market#Farm Management Software Market Size#Farm Management Software Market Share#Farm Management Software Market Analysis#Farm Management Software Market Revenue#Farm Management Software Market Trends#Farm Management Software Market Growth#Farm Management Software Market Research#Farm Management Software Market Outlook#Farm Management Software Market Forecast
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United States farm management software market size reached USD 691 Million in 2024. Looking forward, IMARC Group expects the market to reach USD 1,751 Million by 2033, exhibiting a growth rate (CAGR) of 10.9% during 2025-2033. The emerging trend of technology integration in agriculture to address the evolving challenges and opportunities in the sector is primarily augmenting the market growth across the country.
#United States Farm Management Software Market#United States Farm Management Software Market size#United States Farm Management Software Market share#United States Farm Management Software Market 2024
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Farm Management Software Market Size, Share, Types, Products, Trends, Growth, Applications and Forecast 2023 to 2030
Farm Management Software Market is estimated to grow from USD 1.1 Billion in 2021 to USD 2.39 Billion by 2028 at a CAGR of 11.7% during the forecast period 2023- 2030.
The farm management software market was experiencing steady growth driven by factors like increasing adoption of technology in agriculture, the need for efficient farm operations, and the rising demand for precision farming techniques. Farm management software encompasses a range of solutions aimed at assisting farmers in various tasks such as crop planning, inventory management, financial management, and machinery tracking. Precision agriculture technologies, including farm management software, were becoming increasingly popular as they enable farmers to optimize inputs such as water, fertilizers, and pesticides, leading to improved productivity and cost savings. Integration of Internet of Things (IoT) sensors and Artificial Intelligence (AI) algorithms into farm management software allowed for real-time monitoring of crop conditions, predictive analytics for yield optimization, and automation of certain farming processes.
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Leading players involved in the Farm Management Software Market include:
Deere & Company (US), Trimble Inc. (US), Agjunction Inc. (Canada), Raven Industries Inc. (US), Iteris Inc. (US), AG Leader Technology (Iowa), Dickey-John Corporation (US), Sst Development Group (California), Topcon Positioning Systems Inc (US), The Climate Corporation (US), Conservis Corporation (US), Farmers Edge Inc. (US), Delaval (Sweden), Gea Group AG (Germany), Boumatic LLC (US) and other major players.
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Segmentation of Farm Management Software Market:
By Type
On-Premises
Cloud Based
By Application
Precision Farming
Livestock Monitoring
Aquaculture Monitoring
Other
By Farm Size
Large
Small
Market Segment by Regions: -
North America (US, Canada, Mexico)
Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
South America (Brazil, Argentina, Rest of SA)
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Europe Animal Health Market Analysis: Growth Drivers and Emerging Innovations
The Europe animal health market size was estimated at USD 16.5 billion in 2023 and it is projected to grow at a CAGR of 8.0% from 2024 to 2030. An increase in the number of pet owners, growing pet humanization, unceasing demand for meat and milk leading to a rise in livestock population, increase in the expenditure on veterinary medicines and other animal health products, growing awareness about animal welfare, government initiatives directed toward the wellbeing of animals, and growing availability of animal health solutions have driven the market growth in Europe.
Europe’s animal health market accounted for a 26.5% share (second-largest) of the global animal health industry in 2023. In recent years, the total population of production and companion animals has been on the rise. According to the FEDIAF 2023 report, 91 million households in the European Union region own a pet (46%), with around 127 million cats, 104 million dogs, and other pets. This population develops a huge demand for all sorts of animal health products including biologics, pharmaceuticals, diagnostics, equipment & disposables, medicinal feed activities, and other health-related solutions.
Europe Animal Health Market Segmentation
Pharmaceuticals led the market with the largest revenue share of 43.8% in 2023. Offerings such as parasiticides, anti-infective products, anti-inflammatory products, and analgesics are some of the pharmaceutical products used for animal health.
The production animals segment dominated the market with the largest revenue share of 65.7% in 2023. The global livestock population has been growing unceasingly and Europe holds a large share of this number.
Based on end-use, veterinary hospitals & clinics led the market with the largest revenue share of 72.1% in 2023. The point-of-care testing/in-house testing segment is projected to grow at a CAGR of 12.4% from 2024 to 2030.
The Poland animal health market is expected to experience a CAGR of 10.6% from 2024 to 2030. This growth can be attributed to a variety of drivers such as high milk consumption and dairy farming in the country, enhancements in economic conditions, and growing inclination of researchers to conduct clinical trials for animal health products.
Europe Animal Health Market Report Segmentation
This report forecasts revenue growth at a regional and country level and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the Europe animal health market report based on product, animal type, end-use, distribution channel and country.
Product Outlook (Revenue, USD Billion, 2018 - 2030)
Biologics
Vaccines
Modified/ Attenuated Live
Inactivated (Killed)
Other Vaccines
Other Biologics
Pharmaceuticals
Parasiticides
Anti-infectives
Anti-inflammatory
Analgesics
Others
Medicinal Feed Additives
Diagnostics
Consumables, reagents and kits
Instruments and devices
Equipment & Disposables
Critical Care Consumables
Anesthesia Equipment
Fluid Management Equipment
Temperature Management Equipment
Rescue & Resuscitation Equipment
Research Equipment
Patient Monitoring Equipment
Others
Veterinary Telehealth
Veterinary Software
Livestock Monitoring
Animal Type Outlook (Revenue, USD Billion, 2018 - 2030)
Production Animals
Poultry
Swine
Cattle
Sheep & Goats
Fish
Companion Animals
Dogs
Cats
Horses
Others
End-use Outlook (Revenue, USD Billion, 2018 - 2030)
Veterinary Reference Laboratories
Point-of-care Testing/In-house Testing
Veterinary Hospitals & Clinics
Others
Distribution Channel Outlook (Revenue, USD Billion, 2018 - 2030)
Retail
E-Commerce
Hospital/ Clinic Pharmacy
Country Outlook (Revenue, USD Billion, 2018 - 2030)
Germany
France
Italy
Spain
Switzerland
Netherlands
Russia
Sweden
UK
Poland
Ireland
Order a free sample PDF of the Europe Animal Health Market Intelligence Study, published by Grand View Research.
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Smart Agriculture Market set to Witness Rapid Growth by 2030
The global smart agriculture market size is expected to reach USD 54.71 billion by 2030, registering a CAGR of 13.7% during the forecast period, according to a new report by Grand View Research, Inc. The major factors driving the growth of the agtech industry are the increasing use of Artificial Intelligence (AI) and Internet of Things (IoT) and the integration of image processing technologies into agriculture. Agriculture has grown significantly in recent years owing to precision agriculture practices. The development plan of several nations, such as India, China, and Brazil, emphasizes digital transformation and digitization across various sectors, including agriculture.
The smart agriculture business is predicted to be driven by factors such as constant population increase, favourable government incentives, a scarcity of cultivable land, and a desire for high and fresh-quality food. According to World Health Organization (WHO) and Population Council, an estimated 80% of the world's population lives in urban cities. However, the current land constraint in metropolitan areas has compelled producers to find a new way to produce fresh vegetables. The adoption of smart agriculture techniques will allow producers to grow crops indoors, in a multi-story building, stacked on racks, and in warehouse.
Gather more insights about the market drivers, restrains and growth of the Global Smart Agriculture Market
Smart farming can be utilized to produce organic crops on a vast scale. Vertical farming can be used in the large-scale production of organic crops. Controlled growing technologies such as hydroponics and aeroponics eliminate the use of chemical pesticides. Crops are produced in carefully chosen and well-monitored circumstances to guarantee optimal growth all year. As compared to open-field agriculture and other farming practices, vertical farm systems provide more crop rotation. Controlled humidity, temperature, and daylight will eventually result in a faster crop cycle. It takes 21 days for the system to produce fresh vegetables and greens. The growth rate is controlled with the help of a computer database that manages optimum growing conditions for various varieties such as baby spinach, lettuces, baby rocket, tatsoi, and basil.
Technological improvements in numerous industries have also positively impacted agriculture, as landowners and farmers are always striving to get the most out of their resources and land. Furthermore, due to labor difficulties such as a shortage of qualified farmers, a rising number of aged farmers, and a growing trend of large-scale farms, agriculture automation is gaining pace. Innovations in GPS mapping and associated farm applications, as well as advancements in precision agriculture, are also assisting farmers in operating more effectively and increasing their profit margins.
Smart Agriculture Market Report Highlights
Precision farming agriculture type held the significant market share in 2023 as it allows measured application of agriculture inputs such as fertilizers and pesticides, thereby boosting the crop yield
The software segment is expected to register the highest growth rate over the forecast period. Cloud-based software is expected to be in high demand in the coming years
Smart greenhouse application is expected to be the fastest-growing segment during the forecast period of 2024 to 2030. HVAC management applications held the largest share in terms of revenue in 2023
The increasing adoption of modern technologies in agriculture, along with the reduced price of connected devices, is likely to influence the demand for smart agriculture solutions in the Asia Pacific regional market.
Browse through Grand View Research's Next Generation Technologies Industry Research Reports.
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Smart Agriculture Market Segmentation
Grand View Research has segmented the Smart Agriculture market based on offering, application, and regions
Smart Agriculture Type Outlook (Revenue, USD Million, 2017 - 2030)
Precision farming
Livestock monitoring
Smart greenhouse
Others
Smart Agriculture Offering Outlook (Revenue, USD Million, 2017 - 2030)
Hardware
Automation & control systems
Sensing devices
HVAC system
LED grow light
RFID tags & readers
Software
Web-based
Cloud-based
Types
System integration & consulting
Maintenance & support
Managed types
Assisted professional types
Smart Agriculture Application Outlook (Revenue, USD Million; 2017 - 2030)
Precision farming application
Yield monitoring
Field mapping
Crop scouting
Weather tracking & forecasting
Irrigation management
Inventory management
Farm labor management
Livestock monitoring application
Milk harvesting
Breeding management
Feeding management
Animal comfort management
Others
Smart greenhouse application
Water & fertilizer management
HVAC management
Yield monitoring
Others
Others
Smart Agriculture Regional Outlook (Revenue, USD Billion, 2017 - 2030)
North America
Europe
Asia Pacific
South America
Middle East and Africa (MEA)
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#Smart Agriculture Market Share#Smart Agriculture Market Analysis#Smart Agriculture Industry Research
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Smart Agriculture Industry – Analysis, Industry Size And Forecast, 2030
The global smart agriculture market size is expected to reach USD 54.71 billion by 2030, registering a CAGR of 13.7% during the forecast period, according to a new report by Grand View Research, Inc. The major factors driving the growth of the agtech industry are the increasing use of Artificial Intelligence (AI) and Internet of Things (IoT) and the integration of image processing technologies into agriculture. Agriculture has grown significantly in recent years owing to precision agriculture practices. The development plan of several nations, such as India, China, and Brazil, emphasizes digital transformation and digitization across various sectors, including agriculture.
The smart agriculture business is predicted to be driven by factors such as constant population increase, favourable government incentives, a scarcity of cultivable land, and a desire for high and fresh-quality food. According to World Health Organization (WHO) and Population Council, an estimated 80% of the world's population lives in urban cities. However, the current land constraint in metropolitan areas has compelled producers to find a new way to produce fresh vegetables. The adoption of smart agriculture techniques will allow producers to grow crops indoors, in a multi-story building, stacked on racks, and in warehouse.
Gather more insights about the market drivers, restrains and growth of the Global Smart Agriculture Market
Smart farming can be utilized to produce organic crops on a vast scale. Vertical farming can be used in the large-scale production of organic crops. Controlled growing technologies such as hydroponics and aeroponics eliminate the use of chemical pesticides. Crops are produced in carefully chosen and well-monitored circumstances to guarantee optimal growth all year. As compared to open-field agriculture and other farming practices, vertical farm systems provide more crop rotation. Controlled humidity, temperature, and daylight will eventually result in a faster crop cycle. It takes 21 days for the system to produce fresh vegetables and greens. The growth rate is controlled with the help of a computer database that manages optimum growing conditions for various varieties such as baby spinach, lettuces, baby rocket, tatsoi, and basil.
Technological improvements in numerous industries have also positively impacted agriculture, as landowners and farmers are always striving to get the most out of their resources and land. Furthermore, due to labor difficulties such as a shortage of qualified farmers, a rising number of aged farmers, and a growing trend of large-scale farms, agriculture automation is gaining pace. Innovations in GPS mapping and associated farm applications, as well as advancements in precision agriculture, are also assisting farmers in operating more effectively and increasing their profit margins.
Smart Agriculture Market Report Highlights
Precision farming agriculture type held the significant market share in 2023 as it allows measured application of agriculture inputs such as fertilizers and pesticides, thereby boosting the crop yield
The software segment is expected to register the highest growth rate over the forecast period. Cloud-based software is expected to be in high demand in the coming years
Smart greenhouse application is expected to be the fastest-growing segment during the forecast period of 2024 to 2030. HVAC management applications held the largest share in terms of revenue in 2023
The increasing adoption of modern technologies in agriculture, along with the reduced price of connected devices, is likely to influence the demand for smart agriculture solutions in the Asia Pacific regional market.
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Satellite Propulsion System Market: The global satellite propulsion system market size was estimated at USD 11.05 billion in 2024 and is projected to grow at a CAGR of 13.6% from 2025 to 2030.
AI In Cybersecurity Market: The global AI in cybersecurity market size was estimated at USD 25.35 billion in 2024 and is expected to witness a CAGR of 24.4% from 2025 to 2030.
Smart Agriculture Market Segmentation
Grand View Research has segmented the Smart Agriculture market based on offering, application, and regions
Smart Agriculture Type Outlook (Revenue, USD Million, 2017 - 2030)
Precision farming
Livestock monitoring
Smart greenhouse
Others
Smart Agriculture Offering Outlook (Revenue, USD Million, 2017 - 2030)
Hardware
Automation & control systems
Sensing devices
HVAC system
LED grow light
RFID tags & readers
Software
Web-based
Cloud-based
Types
System integration & consulting
Maintenance & support
Managed types
Assisted professional types
Smart Agriculture Application Outlook (Revenue, USD Million; 2017 - 2030)
Precision farming application
Yield monitoring
Field mapping
Crop scouting
Weather tracking & forecasting
Irrigation management
Inventory management
Farm labor management
Livestock monitoring application
Milk harvesting
Breeding management
Feeding management
Animal comfort management
Others
Smart greenhouse application
Water & fertilizer management
HVAC management
Yield monitoring
Others
Others
Smart Agriculture Regional Outlook (Revenue, USD Billion, 2017 - 2030)
North America
Europe
Asia Pacific
South America
Middle East and Africa (MEA)
Order a free sample PDF of the Smart Agriculture Market Intelligence Study, published by Grand View Research.
#Smart Agriculture Market Share#Smart Agriculture Market Analysis#Smart Agriculture Industry Research
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Ubitium Secures $3.7M to Revolutionize Computing with Universal RISC-V Processor
New Post has been published on https://thedigitalinsider.com/ubitium-secures-3-7m-to-revolutionize-computing-with-universal-risc-v-processor/
Ubitium Secures $3.7M to Revolutionize Computing with Universal RISC-V Processor
Ubitium, a semiconductor startup, has unveiled a groundbreaking universal processor that promises to redefine how computing workloads are managed. This innovative chip consolidates processing capabilities into a single, efficient unit, eliminating the need for specialized processors such as CPUs, GPUs, DSPs, and FPGAs. By breaking away from traditional processing architectures, Ubitium is set to simplify computing, slash costs, and enable advanced AI at no additional expense.
The company has secured $3.7 million in seed funding to accelerate the development of this revolutionary technology. Investors Runa Capital, Inflection, and KBC Focus Fund are backing Ubitium’s vision to disrupt the $500 billion processor market and introduce a truly universal processor that makes computing accessible and efficient across industries.
Revolutionizing a $700 Billion Industry
The global semiconductor market, already valued at $574 billion in 2022, is projected to exceed $700 billion by 2025, fueled by increasing demand for AI, IoT, and edge computing solutions. However, traditional processing architectures have struggled to keep up with evolving demands, often relying on specialized chips that inflate costs and complicate system integration.
Ubitium addresses these challenges with its workload-agnostic universal processor, which uses the same transistors for multiple tasks, maximizing efficiency and minimizing waste. This approach not only reduces the size and cost of processors but also simplifies system architecture, making advanced AI capabilities viable even in cost-sensitive industries like consumer electronics and smart farming.
A RISC-V Revolution
The foundation of Ubitium’s processor is the open RISC-V instruction set architecture (ISA). Unlike proprietary ISAs, RISC-V fosters innovation by allowing companies to build on an open standard. Ubitium leverages this flexibility to ensure its processors are compatible with existing software ecosystems, removing one of the biggest barriers to adoption for new computing platforms.
Ubitium’s processors require no proprietary toolchains or specialized software, making them accessible to a wide range of developers. This not only accelerates development cycles but also reduces costs for businesses deploying AI and advanced computing solutions.
An Experienced Team Driving Change
Ubitium’s leadership team brings together decades of experience in semiconductor innovation and business strategy. CTO Martin Vorbach, who holds over 200 semiconductor patents, spent 15 years developing the technology behind Ubitium’s universal processor. His expertise in reconfigurable computing and workload-agnostic architectures has been instrumental in creating a processor that can adapt to any task without the need for multiple specialized cores.
CEO Hyun Shin Cho, an alumnus of the Karlsruhe Institute of Technology, has over 20 years of experience across industrial sectors. His strategic leadership has been key in assembling a world-class team and securing the necessary funding to bring this transformative technology to market.
Chairman Peter Weber, with a career spanning Intel, Texas Instruments, and Dialog Semiconductor, brings extensive industry expertise to guide Ubitium’s mission of democratizing high-performance computing.
Investor Confidence in Ubitium
The $3.7 million seed funding round reflects strong investor confidence in Ubitium’s disruptive potential. Dmitry Galperin, General Partner at Runa Capital, emphasized the adaptability of Ubitium’s processor, which can handle workloads ranging from simple control tasks to massive parallel data flow processing.
Rudi Severijns of KBC Focus Fund highlighted the reduced complexity and faster time-to-market enabled by Ubitium’s architecture, describing it as a game-changer for hardware and software integration. Jonatan Luther-Bergquist of Inflection called Ubitium’s approach a “contrarian bet” on generalized compute capacity in a landscape dominated by chip specialization.
Addressing Key Market Challenges
One of the major barriers to deploying advanced computing solutions is the high cost and complexity of specialized hardware. Ubitium’s universal processor removes this hurdle by offering a single-chip solution that is adaptable to any computing task. This is especially critical for industries where cost sensitivity and rapid deployment are paramount.
For example, in the automotive sector, where AI-powered systems like autonomous driving and advanced driver-assistance systems (ADAS) are becoming standard, Ubitium’s processors can streamline development and reduce costs. Similarly, in industrial automation and robotics, the universal processor simplifies system architectures, enabling faster deployment of intelligent machines.
Applications Across Industries
Ubitium’s universal processor is designed for scalability, making it suitable for a wide range of applications:
Consumer Electronics: Enables smarter, more cost-effective devices with enhanced AI capabilities.
IoT and Smart Farming: Provides real-time intelligence for connected devices, optimizing resource use and increasing efficiency.
Robotics and Industrial Automation: Simplifies the deployment of intelligent machines, reducing time-to-market for robotics solutions.
Space and Defense: Delivers high-performance computing in challenging environments where reliability and adaptability are critical.
Future Roadmap
Ubitium is not stopping with a single chip. The company plans to develop a portfolio of processors that vary in size and performance while sharing the same architecture and software stack. This approach allows customers to scale their applications without changing development processes, ensuring seamless integration across devices of all sizes.
The ultimate goal is to establish Ubitium’s universal processor as the standard platform for computing, breaking down the barriers of cost and complexity that have historically limited the adoption of AI and advanced computing technologies.
Transforming Human-Machine Interaction
Ubitium envisions a future where machines interact naturally with humans and each other, making intelligent decisions in real time. The flexibility of its processors enables the deployment of advanced AI algorithms, such as object detection, natural language processing, and generative AI, across industries.
This shift not only transforms the way we interact with technology but also democratizes access to high-performance computing, enabling innovation at all levels.
#2022#adoption#ai#AI-powered#Algorithms#applications#approach#architecture#automation#automotive#autonomous#autonomous driving#billion#Business#career#CEO#chip#chips#Companies#complexity#computing#computing platforms#connected devices#consumer electronics#CTO#data#defense#deploying#deployment#detection
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Precision Aquaculture Market Size & Demand: 2024 Global Outlook
The precision aquaculture global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Precision Aquaculture Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size - The precision aquaculture market size has grown rapidly in recent years. It will grow from $0.47 billion in 2023 to $0.53 billion in 2024 at a compound annual growth rate (CAGR) of 13.2%. The growth in the historic period can be attributed to growing demand for seafood, rising awareness of the environmental impact, government support and regulations, rising operational costs, and improvements in fish health management.
The precision aquaculture market size is expected to see rapid growth in the next few years. It will grow to $0.87 billion in 2028 at a compound annual growth rate (CAGR) of 13.3%. The growth in the forecast period can be attributed to increasing focus on food safety and quality, rising investments in aquaculture innovations, expansion of aquaculture operations, rising population, and rising middle-class income. Major trends in the forecast period include the adoption of artificial intelligence (AI) and machine learning, advancements in remote sensing technologies, integration of blockchain for traceability, development of advanced data analytics platforms, and enhanced farm management software.
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Scope Of Precision Aquaculture Market The Business Research Company's reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Precision Aquaculture Market Overview
Market Drivers - Growing global demand for seafood is expected to propel the growth of the precision aquaculture market going forward. Seafood refers to any form of edible marine life that is harvested from oceans, rivers, lakes, or other bodies of water. Seafood demand is high due to its health benefits, including being rich in proteins and omega-3 fatty acids, along with growing consumer interest in sustainable and nutritious food options. Precision aquaculture enhances seafood production by optimizing farming practices, ensuring sustainable resource management, and improving the overall health and quality of aquatic species. For instance, in December 2023, according to the Department of Agriculture, Fisheries, and Forestry, an Australia-based government department, Australians consumed approximately 350,000 tones of seafood in 2021–22, averaging 13.8 kilograms per person. The value of fishery and aquaculture imports also rose by 2% to $2.19 billion, primarily due to an increase in prawn imports. Therefore, the growing global demand for seafood is driving the growth of the precision aquaculture market.
Market Trends - Major companies operating in the precision aquaculture market are focused on developing innovative products such as artificial intelligence (AI)-based aquaculture cameras to gain a competitive edge in the market. AI-based aquaculture cameras are advanced imaging systems integrated with artificial intelligence (AI) algorithms, specifically designed for monitoring and managing aquaculture environments. For instance, in July 2024, ReelData AI, a Canada-based software company, launched ReelVision, a camera developed for AI applications in aquaculture, such as behavioral analysis, feeding rates, and fish health and welfare. ReelVision is an advanced AI camera system designed specifically for fish farms. This data-driven approach enables farmers to make more informed decisions around feeding, stocking density, and health management. This helps optimize production, reduce waste, and minimize environmental impact.
The precision aquaculture market covered in this report is segmented –
1) By Component: Hardware, Software, Service 2) By Farm Type: Open Aquaculture Farm, Recirculatory Aquaculture System (RAS) Farm 3) By Application: Feed Optimization, Monitoring And Surveillance, Yield Analysis And Measurement, Other Applications
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Regional Insights - Asia-Pacific was the largest region in the precision aquaculture market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the precision aquaculture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Key Companies - Major companies operating in the precision aquaculture market are Signify N.V., Pentair PLC, Nofima AS, Cermaq Group AS, Skretting, Grieg Seafood ASA, AKVA Group ASA, ScaleAQ, Benchmark Holdings PLC, In-Situ Inc., InnovaSea Systems Inc., Biomar Group, INVE Aquaculture, Eruvaka Technologies, BioFishency Ltd., Ace Aquatec, OxyGuard International A/S, Planet Lighting Ltd., AquaMaof Aquaculture Technologies Ltd., SNRAS Systems Private Ltd.
Table of Contents 1. Executive Summary 2. Precision Aquaculture Market Report Structure 3. Precision Aquaculture Market Trends And Strategies 4. Precision Aquaculture Market – Macro Economic Scenario 5. Precision Aquaculture Market Size And Growth ….. 27. Precision Aquaculture Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix
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Farm Management Software Market Emerging Trends And Forecast, 2030
The global farm management software market size was estimated at USD 3.30 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 16.2% from 2023 to 2030.
The growth of the market can be attributed to the increasing implementation of cloud computing for real-time farm data management. Farm Management Software (FMS) involves the use of Information Communication Technology (ICT), particularly IoT and big data analytics, to address resource constraints such as shortage of energy, water, and labor and social issues such as environment, animal welfare and use of fertilizers, which negatively influence the agricultural production.
The adoption of remote sensing technology in the agriculture industry has increased due to the emergence of drones and GIS. The images captured through a device featuring remote sensing technology can be used for the detection of cop water stress, monitoring weeds & crop diseases, classification of crop species, and mapping of soil properties. Some open-source remote sensing software includes Quantum GIS Semi-Automatic Classification Plugin (SCP), Optical and Radar Federated Earth Observation (ORFEO) toolbox, Opticks, and PolSARPro.
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Farm Management Software Market Report Highlights
• The emergence of big data, mobile computing, and advanced sensing technology, which supports software, are shaping the market for farm management software
• The precision farming agriculture type dominated the overall market with a share of 43.5% in 2022 and is expected to continue its dominance over the forecast period
• The cloud-based deployment model is expected to witness the highest CAGR of 17.7% over the projected period
• The data collected through sensors and drones are visualized through the platforms developed by the service providers
• The software segment dominated the market in 2022, driven by the increasing recognition of digital solutions' advantages in agriculture, offering streamlined operations, efficient resource management, improved decision-making through data analytics, enhanced crop planning, better inventory tracking, and increased productivity and profitability for farmers
• Managed services are similar to third-party or outsourced services. Most growers adopt managed service providers for drone services as data collection requires special assistance
• North America dominated the market and held a share of 33.7% in 2022, owing to the increased adoption of precision agriculture, sustainability practices, data-driven decision-making, and technological advancements, empowering farmers to enhance productivity and competitiveness in the agricultural industry
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• The global AI agents market size was valued at USD 3.86 billion in 2023 and is expected to grow at a CAGR of 45.1% from 2024 to 2030.
• The global accelerated processing unit market size was estimated at USD 13.85 billion in 2023 and is projected to grow at a CAGR of 17.5% from 2024 to 2030.
Farm Management Software Market Segmentation
Grand View Research has segmented the global farm management software market based on agriculture type, deployment model, solution, and region:
Farm Management Software Agriculture Type Outlook (Revenue, USD Million, 2017 - 2030)
• Precision Farming
• Livestock Monitoring
• Smart Greenhouse
• Others
Farm Management Software Deployment Model Outlook (Revenue, USD Million, 2017 - 2030)
• Web-based
• Cloud-based
Farm Management Software Solution Outlook (Revenue, USD Million, 2017 - 2030)
• Software
• Services
o System Integration & Consulting
o Maintenance & Support
o Managed Services
o Data Services
o Analytics Services
o Farm Operation Services
o Assisted Professional Services
o Supply Chain Management Services
o Climate Information Services
Farm Management Software Regional Outlook (Revenue, USD Million, 2017 - 2030)
• North America
o U.S.
o Canada
• Europe
o UK
o Germany
o France
• Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
• Latin America
o Brazil
o Mexico
• Middle East and Africa (MEA)
o Kingdom of Saudi Arabia (KSA)
o UAE
o South Africa
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#Farm Management Software Market#Farm Management Software Market size#Farm Management Software Market share#Farm Management Software analysis#Farm Management Software Industry
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