The global dairy herd management market was valued at $823.65 million in 2013 and is expected to reach $1,511.91 million by 2018, at a CAGR of 12.92% between 2013 and 2018. The increased demand for dairy products will be the primary driver for this market in the forecast period. Increased cost of labor and the cost advantage of automated dairy cattle management techniques over traditional techniques are factors that are also expected to aid the growth of this market. On the other hand, low adoption rates in developing countries will impede the growth of the global market.