Global Agriculture Analytics Market Size Was Valued at USD 1.14 Billion In 2022 And Is Projected to Reach USD 2.81 Billion By 2030, Growing at A CAGR of 11.9% From 2023 To 2030.
The application of big data, IoT, and other analytical technologies to the agriculture industry is known as agricultural analytics. Agricultural analytics and the innovative use of science and technology in agriculture include smart farming. It is frequently used to comprehend various facets of agriculture, including farming and irrigation. Agricultural analytics makes use of a variety of technologies, including GPS, IoT, and remote sensing application control. By utilizing complementing technologies like satellites and drones, among others, agricultural analytics aims to enhance various farming methods and enable more informed decision-making. Demand is expected to rise due to rising food consumption and the requirement for fertile land. the enormous potential of urban farming, in which homeowners and gardeners raise crops.
Top Key Players Covered In Agriculture Analytics Market
Deere & Company (US), IBM (US), SAP SE (Germany), Trimble(US), Monsanto (US), Oracle (US), Accenture (Ireland), Iteris (US), Taranis (Israel), Agribotix (US), Agrivi (UK), DTN (US), aWhere (US), Conservis Corporation (US), DeLaval (Sweden), FBN (US), Farmers Edge (US), GEOSYS (US), Granular (US), Gro Intelligence (US), and other major players.
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Introspective Market Research is a globally trusted Market Research partner delivering comprehensive market research studies that provide businesses with invaluable insights and strategic guidance for informed decision-making. Our studies are based on extensive array of primary and secondary sources and ensures the utmost accuracy and reliability in our findings.
At the core of our study is an in-depth analysis of the Agriculture Analytics market ecosystem, where we thoroughly examine the functions and interdependencies of various market stakeholders. Through our expert utilization of trusted methodologies, including SWOT Analysis, Porter's Five Forces Analysis, and Price Trend Analysis, we offer a comprehensive understanding of both the regulatory landscape and the prevailing trends shaping the industry.
Segmentation Analysis of The Agriculture Analytics Market:
By Component
- Solutions
- Services
By Deployment
- On-Premise
- Cloud-based
By Application
- Farm Analytics
- Livestock Analytics
- Aquaculture Analytics
- Others
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Regional Analysis Of Agriculture Analytics Market
The primary area driving the growth of the market for agricultural analytics is North America. Improvements in farming practices and technological advancements in conventional farming are expected to fuel the growth of the agricultural analytics market in the area. The fast increasing need for agricultural analytics is mostly due to the tremendous increase in the use of big data IoT sensors on large farms in the region, which has boosted crop yields and efficiencies.
The agriculture analytics market is expanding at the quickest rate in the Asia Pacific region. The region's tech-savvy and millennial population, the fast expanding economy, the quick rise in disposable incomes, the extensive infrastructure development, the growing popularity of smartphones and cloud computing, the strong support of the government, and the growing awareness of environmental responsibility are the main factors contributing to this growth.
By Region
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Motives for Buying This Market Report:
- Market forecast analysis through recent trends and SWOT analysis
- Agriculture Analytics Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
- Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
- Agriculture Analytics Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
- Competitive environment related to the Agriculture Analytics market share for key players, along with new projects and strategies that players have adopted over the past five years
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