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Cattle Management Software Market Size

  • Report ID: GMI10813
  • Published Date: Aug 2024
  • Report Format: PDF

Cattle Management Software Market Size

Cattle Management Software Market was valued at USD 1.6 billion in 2023 and is anticipated to grow at a CAGR of 9.2% between 2024 – 2032. The growth of the market is primarily driven by the increasing adoption of advanced technologies in the agricultural sector.

 

Farmers are recognizing the benefits of leveraging software solutions to enhance the efficiency and productivity of their operations. Additionally, the integration of IoT devices and sensors with cattle management software enables precise data collection and analysis, leading to better decision-making and resource management. This technological advancement not only improves cattle health and productivity but also reduces labor costs and minimizes the chances of errors, thereby driving the market growth.

 

Moreover, the growing awareness about animal welfare and the need for disease control and prevention further accentuate the importance of efficient cattle management systems. Governments and agricultural organizations are also encouraging the adoption of these technologies through subsidies and support programs, which is expected to fuel the market expansion in the coming years.

 

Cattle management software is a type of software specifically designed to help farmers, ranchers, and livestock managers efficiently oversee and optimize the care and production of cattle. This software typically includes a range of features that support various aspects of cattle management including record keeping, breeding management, health monitoring, feed and nutrition management, financial management, herd performance analysis, etc.

 

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Global industry size for cattle management software was valued at USD 1.6 billion in 2023 and is anticipated to register 9.2% CAGR between 2024 and 2032, driven by the increasing adoption of advanced technologies in the agricultural sector.

The monitoring segment in the cattle management software market accounted for USD 1 billion in 2023 due to increasing demand in precision farming, and rising IoT and AI integration.

North America market is expected to record 8.9% CAGR through 2032, fueled by the robust presence of leading technology providers and significant investments in agricultural innovation.

Afimilk Ltd., BouMatic, Breedr, CowManager B.V., De Laval, Datamars SA, GEA Group Aktiengesellschaft, Inpixon, Livestock Improvement Corporation (LIC), Merck & Co., Inc., and Nedap Livestock Management, among others.

Cattle Management Software Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 14
  • Tables & Figures: 322
  • Countries covered: 22
  • Pages: 220
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