Global Agriculture Analytics Market 2024-2028
The agriculture analytics market is forecasted to grow by USD 1228.8 mn during 2023-2028, accelerating at a CAGR of 12.97% during the forecast period. The report on the agriculture analytics market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising global population boosting food demand, growing government support and investments in digital and smart farming, and need for real-time monitoring to adapt to changing environmental conditions.
Technavio's agriculture analytics market is segmented as below:
- By Type
- Solutions
- Services
- By Application
- Precision farming
- Livestock monitoring
- Aquaculture farming
- Vertical farming
- Others
- By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growing mergers and acquisitions in global agriculture analytics industry as one of the prime reasons driving the agriculture analytics market growth during the next few years. Also, enhanced aerial monitoring of crops and integration of robotics and automation in agriculture analytics will lead to sizable demand in the market.
The report on the agriculture analytics market covers the following areas:
- Agriculture analytics market sizing
- Agriculture analytics market forecast
- Agriculture analytics market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading agriculture analytics market vendors that include A.A.A Taranis Visual Ltd., Accenture Plc, AGCO Corp., AGEAGLE AERIAL SYSTEMS Inc., Agribotix, Bayer AG, Conservis Corp., Corteva Inc., Cropin Technology Solutions Pvt. Ltd., Deere and Co., Farmers Edge Inc., International Business Machines Corp., Iteris Inc., Microsoft Corp., Oracle Corp., PrecisionHawk Inc., SAP SE, Trimble Inc., Vistex, Inc., Wipro Ltd., and Xylem Inc.. Also, the agriculture analytics market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.