Agriculture Analytics Market Demand, Future Trend And Recent Development By Forecast 2027
Summary:
A new study title “Agriculture
Analytics market size, status and forecast 2027” has been featured on
market research future.
Agriculture
Analytics Market
Overview:
Global Agriculture
Analytics Market is projected to reach USD 1.5 Billion by 2026, registering a
CAGR of 11.71% during the forecast period. In this report, Market Research
Future (MRFR) includes the segmentation and dynamics of the agriculture
analytics market to offer a better glimpse into the coming years
Agriculture Analytics Market has been segmented
based on Component, Farm Size, Deployment, Application, and Region.
Competitive Analysis:
The Key Players of
the Global Agriculture Analytics Market are 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), Proagrica
(UK), PrecisionHawk (US), RESSON (Canada), Stesalit Systems (India), AgVue
Technologies (US), Fasal (India), AGEYE Technologies (US), HelioPas AI
(Baden-Württemberg), OneSoil (Belarus), and Root AI (US)
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Segments:
·
Based
on component, the global agriculture analytics market has been segmented into
solution and services. The solution segment is expected to account for a
significant market share over the projected period. The increasing need for
agribusiness to analyze critical farm-related data for better decision-making
contributes to the growth of the solution segment in the global market during
the forecast period.
·
Based
on farm size, the global agriculture analytics market has been segmented into
large farms and small and medium-sized farms. The large farms segment accounted
for the larger market share and is expected to hold the higher CAGR during the
forecast period. The adoption of agriculture analytics solutions in large farms
is higher than in small and medium-sized farms due to the affordability.
Additionally, large farms usually have the capital to invest in innovative
technologies that allow them to improve a well-equipped next-generation
agricultural infrastructure.
·
Based
on deployment, the global agriculture analytics market has been segmented into
cloud and on-premises. The cloud-based segment is projected to witness the
higher CAGR during the study period. Cloud-based software solutions do not
require users to purchase a server to run the analytics techniques. Cloud
computing focuses on shared networks, servers, and storage devices, eliminating
the high costs incurred in maintaining hardware and software infrastructure.
·
Based
on application, the agriculture analytics market has been segmented into farm
analytics, livestock analytics, aquaculture analytics, and others. The others
segment is further sub-divided into orchid, forestry, and horticulture. The
livestock analytics segment is expected to hold the largest share during the
forecast period. Agriculture analytics solutions aid livestock producers in
making better decisions by acquiring real-time information about animals and
improving various livestock management processes.
Regional Analysis:
The regional
analysis for the global agriculture analytics market has been done for North
America, Europe, Asia-Pacific, and the Middle East & Africa, and South
America. The market in North America accounted for the largest market share in
2019, and it is expected to register strong growth during the forecast period.
The market in
Asia-Pacific is expected to register the highest CAGR during the forecast
period. This growth can be attributed to the growing adoption of agriculture
analytics technology among the various verticals.
Table of Contents
1. Executive Summary
1.1. Market
Attractiveness Analysis
1.1.1. Global
Agriculture Analytics Market, By Component
1.1.2. Global
Agriculture Analytics Market, By Application
1.1.3. Global
Agriculture Analytics Market, By Farm Size
1.1.4. Global
Agriculture Analytics Market, By Deployment Mode
1.1.5. Global
Agriculture Analytics Market, By Region
2. Market
Introduction
2.1. Definition
2.2. Scope of The
Study
2.3. Market
Structure
Continued….
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List of Tables
Table 1 List of Assumptions
Table 2 Global Agriculture
Analytics Market, By Component, 2018–2026 (Usd Million)
Table 3 Global Agriculture
Analytics Market, By Applications, 2018–2026 (Usd Million)
Table 4 Global Agriculture
Analytics Market, By Farm Size, 2018–2026 (Usd Million)
Table 5 Global Agriculture
Analytics Market, By Deployment Mode, 2018–2026 (Usd Million)
Continued….
List of Figures
Figure 1 Market Synopsis
Figure 2 Research Process of Mrfr
Figure 3 Top-Down and Bottom-Up
Approach
Figure 4 Global Agriculture
Analytics Market, By Component, 2018–2026 (Usd Million)
Figure 5 Global Agriculture
Analytics Market, By Applications, 2018–2026 (Usd Million)
Continued….
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