Farm Management Software Market Size

Farm Management Software Market size was valued at USD 4.73 billion in 2024 and is likely to exceed USD 39.47 billion by the end of 2037, expanding at over 17.5% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of farm management software is evaluated at USD 5.4 billion.

The growth of the market can be attributed to growing yield losses. With absent crop protection, many important food crops could have yield losses of up to about 69%. Weeds are the main cause of yield losses, accounting for approximately 29% of losses, followed by animal pests and diseases, which cause losses of about 22% and 16%, respectively. Pests cost the global economy a total of about USD 289 billion annually by causing approximately 19-40% of yield losses worldwide. Hence, farm management software market aids farmers and growers in making agronomic choices that reduce yield losses under challenging circumstances and enhance yield amounts and quality under ideal circumstances.

Farm management software is ideally suited to assisting farmers and growers in managing their agronomic practices as a result of data management's capacity to gather, record, and synthesize large amounts of information from numerous sources (such as weather stations, soil monitors, images from satellites and drones, local, regional, and federal agricultural databases, and more). Moreover, growing demand for food is also estimated to boost need to adopt farm management software. The globe would need to feed an additional of about 2 billion people by 2030, with approximately 89% of them residing in developing nations; and the world would need to increase food output by about 59-70% by 2050 to feed more than nine billion people.