LONDON--(BUSINESS WIRE)--Market research firm Technavio has announced the release of their latest report on the global farm management software market. This new report will provide expert market insights for the forecast period 2018-2022.
The report will follow up on Technavio’s previous research on the farm management software market, presenting an updated analysis of the market concerning the current market scenario, latest trends and drivers, and the overall global environment. The report will also provide new predictions for the forecast period based on an in-depth analysis of the market.
The upgraded research report on the global farm management software market is an integral part of Technavio’s power portfolio. Technavio covers an extensive range of market research reports on the power market, covering different regions and top industry segments. Some of the topics include power rental accessories, industrial wastewater treatment equipment, nuclear decommissioning, and wind tower.
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Global opportunities for growth
Technavio’s previous report on the global farm management software market projected that North America was the largest market for farm management software during 2015, accounting for an overall market share of approximately 50%. Among all the countries in the region, the US was the major revenue contributor as it was one of the early adopters of precision farming techniques in the world.
In the previous report, a senior research analyst at Technavio stated, “A major factor fueling growth in this market is the extensive use of virtual fences. Animals graze over large paddocks that are separated by fences to prevent the movement of cattle to other paddocks. Since maintaining and fixing fences is a time-consuming and costly affair, the need for virtual fences that are operated using network programming and remote sensors has increased. Benefits such as the ability of virtual fences control the movement of herds in farmland and protect the crops from being grazed by the animals will result in its augmented demand during the forecast period.”
Technavio’s new report on the global farm management software market will evaluate the key geographical regions and their behavior over the past four years, introducing new data and observations and providing new predictions.
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Detailed analysis at your fingertips
Some of the topics that will be revisited in the new report include:
- Market size and growth rate through 2022
- Top factors driving the market growth
- Competitive landscape and market share analysis of the key players
- Market opportunities and factors hindering growth
Technavio’s report on the global farm management software market for the period 2018-2022 is available to order now and will be delivered within one week of purchase.
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