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[161 Pages Report] Agriculture Analytics Market size, analysis, trends, & forecast. The global market for agriculture analytics categorized by application area, component, farm size, deployment type, and by region.
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Agriculture Analytics Market is expected to grow $1,236 million by 2023
Scope of The Report The research report categorizes the Agriculture Analytics Market to forecast the revenues and analyse the trends in each of the following subsegments: • Farm analytics • Livestock analytics • Aquaculture analytics • Others (Orchid, Forestry, and Horticulture) • Solution • Services By Component By Farm Size By Deployment Types By Application • Cloud • On-premises • Large Farms • Small and Medium-Sized Farms And More…
Key Segments The global agriculture analytics market size is expected to grow from USD 585 million in 2018 to USD 1,236 million by 2023, at a CAGR of 16.2% during the forecast period. 1 The major growth drivers for the market include government initiatives to deploy modern agriculture techniques, rising pressure to meet the global demand for food, and need to improve farm productivity. 2 The livestock analytics application segment includes feeding management, heat stress management, milk harvesting, breed management, behaviour monitoring and management, and others. 3 The growing need for agribusiness to effectively analyze critical farm-related data for better decision-making is contributing to the growth of the agricultural analytics solution segment. 4 5 The adoption of agriculture analytics solution in large farms is higher than that of the small and medium-sized farms, owing to the affordability and high economies of scale.
Market Growth Rate CAGR 2018 2023 Market Size of $585 Million Market Size of $1,236 Million 16.2%
Key Vendors Major Players • Deere & Company (US) • IBM (US) • SAP SE (Germany) • Trimble (US) • Monsanto Company (US) • And More View Report Here - https://www.marketsandmarkets.com/Market-Reports/agriculture-analytics-market-255757945.html
Major Regions • North America • Europe • APAC • MEA • Latin America • North America is expected to hold the largest market share. • Asia Pacific (APAC) is expected to provide opportunities for debt collection software providers and grow at the highest CAGR
Key questions addressed by the report • What are the major challenges faced while deploying agricultural analytics solutions in different application area? • What are key industry trends in agriculture analytics market? • What is the level of preparedness of farmers to deal with unforeseen business risks? • What are the challenges faced by agriculture analytics vendors while integrating digital farming technologies with a client’s farm equipment?
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