Global Agriculture Analytics Market, By Component (Solutions, Services), By Farm Size (Small & Mediu

Published Date: | Report Code : FA1958665

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Market Dynamics:

Growing pressure to meet the food demands is expected to drive the growth of the Global Agriculture Analytics Market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities. Agriculture analytics is a mixture of various technologies such as IoT, Big data, being implemented for agricultural purposes.

Segment Analysis:

The agriculture analytics market is segmented based on the component, farm size, deployment method, and application.

By component, the bifurcation is solutions and services. The market is growing for the solution analytics segment. As the crop yield depends on various factors such as soil condition, weather, and seed variety. The analytics solutions segment provides for the collaboration of data for increasing productivity.

Based on the farm size, the market is bifurcated in small & medium farms and large farms. The management of large farms becomes comparatively easier by using agricultural analytics. Owners of large farms can afford this system without any hassle. Agricultural analytics helps them enhance their farm productivity and keep up with the growing demand for food. Due to the large size of the farms, there is a large amount of information generated. With the help of agricultural analytics, large farms can efficiently manage their data and maximize their output according to it.

Based on the deployment method the market is divided as on-premises and cloud.

By the applications, the market is segmented into Aquaculture Analytics, Farm Analytics, Livestock Analytics, Others. Livestock analytics includes various management activities such as milk harvesting, breed management, feeding management, and behavior monitoring. The various tasks performed daily generate huge amounts of data. It also tracks the diet of the animals and monitors their daily intake. Hence, investments are being made to enhance product quality.

The North America region is growing at a fast pace for this market as numerous large farms have the best equipment. however, the APAC region is also steadily growing for the market for agricultural analytics. there are various investments and government initiatives being made for the implementation of digital practices.

Key Factors Impacting Market Growth:

  • Increasing initiatives by the government to utilize modern agriculture techniques

  • Growing pressure to meet the food demands

  • Rising need for improvement of farm productivity

Regional Analysis:

This report segments the global agriculture analytics market by region into North America, Asia Pacific, Western Europe, Eastern Europe, the Middle East, and the Rest of the World. North America, Asia Pacific, and Western Europe are estimated to be major regions for the global agriculture analytics market during the forecast period. North America and Western Europe have been one of the key regions with technological advancements in the Food & Agricultural sector. The use of the latest technologies in the agricultural activities and established processed food market is estimated to drive demand for the global agriculture analytics market in these regions. In addition to this, some of the major companies operating in this market are headquartered in these regions.

The Asia Pacific is estimated to be one of the fastest-growing markets for the global agriculture analytics market during the forecast period. The food & agriculture sector is one of the major contributors to economies in the region. In addition to this, government initiatives to promote technological advancements in this region are also one of the key factors for the growth of the global agriculture analytics market. The Middle East and Rest of the World are estimated to be emerging regions global agriculture analytics market during the forecast period.

Market Segmentation:

By Component:

  • Solutions

  • Services

By Farm Size:

  • Small & Medium Farms

  • Large Farms

By Deployment Method:

  • On-Premises

  • Cloud

By Application:

  • Aquaculture Analytics

  • Farm Analytics

  • Livestock Analytics

  • Others

By Region:

  • North America

    • By Country (US, Canada, Mexico)

    • By Component

    • By Farm Size

    • By Deployment Method

    • By Application

  • Western Europe

    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)

    • By Component

    • By Farm Size

    • By Deployment Method

    • By Application

  • Eastern Europe

    • By Country (Russia, Turkey, Rest of Eastern Europe)

    • By Component

    • By Farm Size

    • By Deployment Method

    • By Application

  • Asia Pacific

    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)

    • By Component

    • By Farm Size

    • By Deployment Method

    • By Application

  • Middle East

    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)

    • By Component

    • By Farm Size

    • By Deployment Method

    • By Application

  • Rest of the World

    • By Region (South America, Africa)

    • By Component

    • By Farm Size

    • By Deployment Method

    • By Application

Companies Covered: Deere & Company, IBM, SAP SE, Trimble, Monsanto Company, Oracle, Accenture, Iteris, Taranis, Agribotix, Agrivi, DTN, Conservis Corporation, DeLaval...

Reasons To Buy This Report:

  • Market size estimation of the global Agriculture Analytics Market on a regional and global basis

  • The unique research design for market size estimation and forecast

  • Profiling of major companies operating in the market with key developments

  • Broad scope to cover all the possible segments helping every stakeholder in the market

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We provide customization of the study to meet specific requirements:

  • By Segment

  • By Sub-segment

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