How Has the Agricultural Software Market Size Evolved in Recent Years?
The agricultural software market has seen considerable growth due to a variety of factors.
• The agricultural software market will grow from $22.63 billion in 2024 to $23.76 billion in 2025 at a CAGR of 5.0%.
Growth is driven by rising food demand, government support, the growth of agricultural products, urbanization, and larger and more complex farms.
What Are The Predictions for The Agricultural Software Market Size?
The agricultural software market is expected to maintain its strong growth trajectory in upcoming years.
• The agricultural software market is expected to grow to $28.42 billion by 2029, with a CAGR of 4.6%.
The growth is driven by the agriculture sector’s expansion, population growth, sustainable agriculture demand, and increased livestock product consumption. Key trends include advanced farming solutions, cloud-based agricultural software, smart agriculture systems, and AI advancements.
What Key Factors and Trends Are Driving The Growth Agricultural Software Market?
The growing demand for food is expected to drive the agricultural software market. Population growth, dietary changes, economic development, and lifestyle shifts contribute to the rise in food demand. Agricultural software helps improve farming productivity and sustainability, making it crucial for meeting the growing global food demand. According to the Food and Agriculture Organization (FAO), food production needs to increase by 60% by 2050 to feed a global population of 9.3 billion. As a result, the demand for food is propelling the agricultural software market.
What Are The Core Segments Of The Global Agricultural Software Market?
The agricultural software market covered in this report is segmented –
1) By Type: Farm Management, Livestock Management, Precision Agriculture Software, Other Types
2) By Deployment: On-Premise, Cloud-Based
3) By Application: Field Management, Farming Operation, Irrigation, Animal Husbandry
4) By End-User: Farmers, Agricultural Companies, Research Institutes
Subsegments:
1) By Farm Management: Crop Management Software, Field Mapping And Monitoring Tools, Farm Operations And Resource Management
2) By Livestock Management: Animal Health And Welfare Software, Breeding And Genetics Management Tools, Livestock Tracking And Monitoring
3) By Precision Agriculture Software: GIS And GPS-Based Tools, Data Analytics And Crop Monitoring Solutions, Yield Mapping And Variable Rate Technology
4) By Other Types: Supply Chain And Distribution Software, Agricultural Financial Management Tools, Market Intelligence And Forecasting Software
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Which Emerging Trends Are Reshaping The Agricultural Software Market Size?
Companies in the agricultural software market are creating advanced tools, such as data visualization and mapping platforms, to assist farmers in improving yields and addressing food security challenges. OneSuch tool is OneSoil Map, launched in August 2022 by OneSoil, a Switzerland-based agricultural software provider. It combines AI with satellite imagery, offering real-time data to help farmers remotely monitor crops and detect field issues. The platform aids in precision farming by helping farmers optimize resource use and manage field productivity zones, especially in areas affected by environmental stresses such as droughts and floods.
Who Are the Key Players In The Agricultural Software Market?
Major companies operating in the agricultural software market are:
• Bayer AG
• Deere & Company
• CNH Industrial N.V.
• Hexagon Agriculture
• Trimble Inc.
• Raven Industries Inc.
• The Climate Corporation
• Iteris Inc.
• Solinftec Inc.
• Granular Inc.
• Proagrica
• AG Leader Technology
• CropIn Technology Solutions Pvt. Ltd.
• AgroVision B.V.
• Farmers Edge Inc.
• Decisive Farming Corp.
• Agworld Inc.
• CropX Inc.
• Topcon Agriculture
• Conservis Corporation
• FarmLogs Inc.
• AgJunction Inc.
• AgriWebb Pty Ltd.
• FieldView
• OnFarm Systems Inc
What Are The Regional Insights Into The Agricultural Software Market?
North America was the largest region in the agricultural software market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the agricultural software market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
