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.
Agriculture analytics involves the collection, processing, and analysis of data related to various aspects of agricultural operations, including crop management, soil health, weather patterns, pest and disease monitoring, supply chain management, and market trends. This data is often gathered from sources such as sensors, drones, satellite imagery, weather stations, and farm machinery.
Market Trends:
Precision agricultural: Farmers may maximize inputs like water, fertilizer, and pesticides by using precision agricultural techniques, which are made possible by analytics and Internet of Things technologies. This leads to increased yields and a less environmental effect.
Remote Sensing and Imaging: Farmers may make proactive decisions and implement targeted interventions by using real-time data on crop health, soil moisture levels, and other important indicators through the use of satellite photography, drones, and other remote sensing technology.
Predictive analytics models help farmers allocate resources more efficiently and reduce risk by using past data and machine learning algorithms to estimate variables such as market trends, disease outbreaks, and crop yields.
Overview of the Market:
In an increasingly complicated and cutthroat industry, farmers and agricultural enterprises are under pressure to increase productivity, cut expenses, and minimize risks. This has created a demand for agricultural analytics. The demand for sustainable farming techniques, population expansion, water scarcity, and climate change are driving the development of analytics solutions in agriculture.
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Leading players involved in the Agriculture Analytics Market include:
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.
The latest report on the Agriculture Analytics Market provides a detailed analysis of the market for the years 2024 to 2032. It presents a comprehensive overview of the global Agriculture Analytics industry, incorporating all key industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Agriculture Analytics market. Moreover, the research covers crucial chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to grasp the market direction and development in the present and forthcoming years.
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Segmentation of Agriculture Analytics Market:
By Component
· Solutions
· Services
By Deployment
· On-Premise
· Cloud-based
By Application
· Farm Analytics
· Livestock Analytics
· Aquaculture Analytics
· Others
An in-depth study of the Agriculture Analytics industry for the years 2024–2032 is provided in the latest research. North America, Europe, Asia-Pacific, South America, the Middle East, and Africa are only some of the regions included in the report’s segmented and regional analyses. The research also includes key insights including market trends and potential opportunities based on these major insights. All these quantitative data, such as market size and revenue forecasts, and qualitative data, such as customers’ values, needs, and buying inclinations, are integral parts of any thorough market analysis.
By Regions: -
- 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)
Key Benefits of Agriculture Analytics Market Research:
- Research Report covers the Industry drivers, restraints, opportunities and challenges
- Competitive landscape & strategies of leading key players
- Potential & niche segments and regional analysis exhibiting promising growth covered in the study
- Recent industry trends and market developments
- Research provides historical, current, and projected market size & share, in terms of value
- Market intelligence to enable effective decision making
- Growth opportunities and trend analysis
- Covid-19 Impact analysis and analysis to Agriculture Analytics market
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