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Cattle Management Software Market Trends

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

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Cattle Management Software Market Trends

Increasing adoption of digital technologies in agriculture is significantly driving the market.
As farmers and ranchers seek to enhance productivity and operational efficiency, they are turning to advanced software solutions that offer real-time data analytics, precision farming tools, and automated monitoring systems.
For instance, as per a survey published by the National Institute of Health (NIH), approximately 63% of farmers reported using some form of farm management software, indicating a significant shift towards technology in farming practices.
These technologies enable better tracking of cattle health, breeding, and nutrition, leading to improved herd management and reduced costs.
The integration of IoT devices, GPS tracking, and cloud-based platforms provides actionable insights and streamlines decision-making processes, further propelling the demand for cattle management software.
This digital transformation in agriculture is fostering innovation and attracting investments, thereby accelerating the growth of the market.

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.