Agriculture Analytics Market research report provides an analytical measurement of the main challenges faced by the business currently and in the upcoming years. This market report also offers a profound overview of product specification, technology, product type and production analysis by taking into account most important factors such as revenue, cost, and gross margin. Proficient capabilities and excellent resources in research, data collection, development, consulting, evaluation, compliance and regulatory services come together to generate this world-class market research report. This Agriculture Analytics Market report is especially designed by keeping in mind the customer requirements which will ultimately assist them in boosting their return on investment (ROI).
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Agriculture Analytics Market, by Application Area (Farm Analytics, Livestock Analytics, and Aquaculture Analytics), Component (Solution and Services), Farm Size (Small, Medium-Sized, and Large), Deployment Type and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America). The global Agriculture Analytics market size is projected to reach USD 1.9 billion by 2026 at a CAGR of 12.5% from USD 1.2 billion in 2021 during the forecast 2021-2028.
Agricultural analytics better known as Agroecosystem analysis is an AI driven management process which help in the analysis of various parameters in an agricultural ecosystem. It helps in collecting data and analysing the efficiency and other associated parameters of crop production. These have specialised designed algorithms to calculate the yield, fertilizer demand, future crop and the cost savings as well.
With an increased adoption of urban farming along with the growing digitalisation and rising demand for improving the agricultural supply are some of the factors that have supported long-term expansion for Agriculture Analytics Market.
The COVID-19 pandemic is causing widespread concern and economic hardship for consumers, businesses, and communities across the globe. With the nationwide lockdown across globe the supply and demand has been greatly affected. The import and export of various agricultural products was halted owing to lockdown situations.
Agriculture Analytics Market Regional Analysis:
Asia Pacific is expected to be the largest market during the forecast period. The increasing along with large farms in the region along with the increased investment in the sector have led to growth in the agricultural analytics in the region.
Agriculture Analytics Market Key Players:
- Deere & Company
- IBM
- SAP SE
- Trimble
- Monsanto
- Oracle
- Accenture
- Iteris
- Taranis
- Agribotix
- Agrivi
- DTN
- aWhere
- Conservis Corporation
- DeLaval
- FBN
- Farmers Edge
- GEOSYS
- Granular
- Gro Intelligence
- Proagrica
- PrecisionHawk
- RESSON
- Stesalit Systems
- AgVue Technologies
- Fasal
- AGEYE Technologies
- HelioPas AI
- OneSoil
- Root AI
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Agriculture Analytics Market Recent Developments:
- In April 2020, Novel AI-powered technologies were released by IBM so as to help and research a possible solution for the ongoing pandemic.
- In April 2020, SAP a COVID-19 Emergency Fund which valued for about USD 3.4 million was set up by SAP in order to support the urgent needs of the World Health Organization (WHO), Centers for Disease Control and Prevention (CDC) Foundation, and many other smaller NGO’s and social enterprises.
Agriculture Analytics Market Reasons to Acquire:
- Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
- Gain authentic and granular data access for Agriculture Analytics market so as to understand the trends and the factors involved behind changing market situations
- Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
- In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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Agriculture Analytics Market Report Scope:
Agriculture Analytics Market is segmented into Application Area, Component, Farm Size, Deployment Mode and geography.
On the basis of Component
o Solution
o Services
On the basis of Application Area
o Farm analytics
o Livestock analytics
o Aquaculture analytics
o Others (Orchid, Forestry, and Horticulture)
On the basis of Farm Size
o Large Farms
o Small and Medium-Sized Farms
On the basis of Deployment Modes
o Cloud
o On-premises
On the basis of Region
o Asia Pacific
o North America
o Europe
o South America
o Middle East & Africa
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