Asia-pacific Agriculture Technology As A Service Market Forecast 2023-2032
KEY FINDINGS
The Asia-Pacific Agriculture Technology as a Service market is expected to grow at a CAGR of 19.09% during the forecast period 2023-2032. The Asia-Pacific region is on track to become a global hub for vertical farming technologies, largely attributed to the rapid adoption of IoT technologies, which are being embraced at a faster pace in this region compared to the rest of the world.
MARKET INSIGHTS
China, Japan, India, South Korea, Indonesia, Thailand, Australia & New Zealand, and Rest of Asia-Pacific are evaluated in order to predict the growth of Asia-Pacific Agriculture Technology as a Service market. The Thailand government is encouraging initiatives to transform conventional agriculture into smart agriculture to close the gap in the country’s agricultural profitability. Additionally, to offset the climate impact of yield-enhancing technologies, the government is calling on farmers to adopt climate-smart agricultural practices. The Thai government has also launched training initiatives in particular application fields, such as animal farming.
In Indonesia, the Agriculture Value Chain Development (ICARE) project is currently underway and focuses on developing models to promote sustainable and inclusive agriculture value chains in nine selected regions. One notable innovation is the Smart Agricultural Enterprise (SAE), an integrated soybean agroindustry system developed by researchers at the Department of Agricultural Technology at Gadjah Mada University. This system is used to produce Indonesian tempeh, the country’s most popular protein. According to the Indonesian Central Statistics Agency (BPS), the annual soybean requirement in Indonesia is estimated at 2.8 million tons; however, domestic production currently stands at only 800,000 tons. During the forecast period, these factors are expected to drive the growth of the market in the Asia-Pacific.
COMPETITIVE INSIGHTS
Some of the leading companies in the market are Microsoft Corporation, Fujitsu Ltd, etc.
Our report offerings include:
• Explore key findings of the overall market
• Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
• Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
• Market Segmentation caters to a thorough assessment of key segments with their market estimations
• Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
• Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
• Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
• Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Methodology
- 1.3. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Market Overview
- 2.3. Scope Of Study
- 2.4. Crisis Scenario Analysis
- 2.5. Major Market Findings
- 2.5.1. Automation Is Becoming An Integral Part Of The Agricultural Sector
- 2.5.2. Rise Of Corporate Farming In The Region
- 2.5.3. Concerns Regarding Data Privacy And Data Ownership
- 3. Market Dynamics
- 3.1. Key Drivers
- 3.1.1. Increased Demand For Food Production
- 3.1.2. Economic Necessity Of Precision Agriculture
- 3.1.3. Need For Minimal Capital Investment
- 3.1.4. Innovation And Technological Advancements In Agriculture
- 3.2. Key Restraints
- 3.2.1. Lack Of Technical Expertise Among Farmers
- 3.2.2. Poor Connectivity Impacts Technological Services
- 4. Key Analytics
- 4.1. Key Market Trends
- 4.2. Porter’s Five Forces Analysis
- 4.2.1. Buyers Power
- 4.2.2. Suppliers Power
- 4.2.3. Substitution
- 4.2.4. New Entrants
- 4.2.5. Industry Rivalry
- 4.3. Growth Prospect Mapping
- 4.4. Market Concentration Analysis
- 4.5. Key Buying Criteria
- 4.5.1. Data Analysis
- 4.5.2. Connectivity
- 4.5.3. Data Security
- 4.5.4. Data Collection Frequency
- 5. Market By Technology
- 5.1. Data Analytics & Intelligence
- 5.2. Guidance Technology
- 5.3. Sensing Technology
- 5.4. Variable Rate Application Technology
- 5.5. Other Technologies
- 6. Market By Type
- 6.1. Software As A Service (Saas)
- 6.2. Equipment As A Service (Eaas)
- 7. Market By Application
- 7.1. Yield Mapping And Monitoring
- 7.2. Soil Management
- 7.3. Crop Health Management
- 7.4. Navigation And Positioning
- 7.5. Other Applications
- 8. Geographical Analysis
- 8.1. Asia-pacific
- 8.1.1. Market Size & Estimates
- 8.1.2. Asia-pacific Agriculture Technology As A Service Market Drivers
- 8.1.3. Asia-pacific Agriculture Technology As A Service Market Challenges
- 8.1.4. Key Players In Asia-pacific Agriculture Technology As A Service Market
- 8.1.5. Country Analysis
- 8.1.5.1. China
- 8.1.5.1.1. China Agriculture Technology As A Service Market Size & Opportunities
- 8.1.5.2. Japan
- 8.1.5.2.1. Japan Agriculture Technology As A Service Market Size & Opportunities
- 8.1.5.3. India
- 8.1.5.3.1. India Agriculture Technology As A Service Market Size & Opportunities
- 8.1.5.4. South Korea
- 8.1.5.4.1. South Korea Agriculture Technology As A Service Market Size & Opportunities
- 8.1.5.5. Thailand
- 8.1.5.5.1. Thailand Agriculture Technology As A Service Market Size & Opportunities
- 8.1.5.6. Indonesia
- 8.1.5.6.1. Indonesia Agriculture Technology As A Service Market Size & Opportunities
- 8.1.5.7. Australia & New Zealand
- 8.1.5.7.1. Australia & New Zealand Agriculture Technology As A Service Market Size & Opportunities
- 8.1.5.8. Rest Of Asia-pacific
- 8.1.5.8.1. Rest Of Asia-pacific Agriculture Technology As A Service Market Size & Opportunities
- 9. Competitive Landscape
- 9.1. Key Strategic Developments
- 9.1.1. Product Launches & Developments
- 9.1.2. Partnerships And Agreements
- 9.1.3. Mergers & Acquisitions
- 9.2. Company Profiles
- 9.2.1. Accenture
- 9.2.1.1. Company Overview
- 9.2.1.2. Products / Services List
- 9.2.1.3. Strengths & Challenges
- 9.2.2. Agco Corporation
- 9.2.2.1. Company Overview
- 9.2.2.2. Products / Services List
- 9.2.2.3. Strengths & Challenges
- 9.2.3. Airbus Sas
- 9.2.3.1. Company Overview
- 9.2.3.2. Products / Services List
- 9.2.3.3. Strengths & Challenges
- 9.2.4. At&T
- 9.2.4.1. Company Overview
- 9.2.4.2. Products / Services List
- 9.2.4.3. Strengths & Challenges
- 9.2.5. Ceres Imaging
- 9.2.5.1. Company Overview
- 9.2.5.2. Products / Services List
- 9.2.6. Claas Kgaa Mbh
- 9.2.6.1. Company Overview
- 9.2.6.2. Products / Services List
- 9.2.6.3. Strengths & Challenges
- 9.2.7. Deere & Company
- 9.2.7.1. Company Overview
- 9.2.7.2. Products / Services List
- 9.2.7.3. Strengths & Challenges
- 9.2.8. Fujitsu
- 9.2.8.1. Company Overview
- 9.2.8.2. Products / Services List
- 9.2.8.3. Strengths & Challenges
- 9.2.9. Hexagon Ab
- 9.2.9.1. Company Overview
- 9.2.9.2. Products / Services List
- 9.2.9.3. Strengths & Challenges
- 9.2.10. Ibm Corporation
- 9.2.10.1. Company Overview
- 9.2.10.2. Products / Services List
- 9.2.10.3. Strengths & Challenges
- 9.2.11. Microsoft Corporation
- 9.2.11.1. Company Overview
- 9.2.11.2. Products / Services List
- 9.2.11.3. Strengths & Challenges
- 9.2.12. Raven Industries (Acquired By Cnh Industrial Nv)
- 9.2.12.1. Company Overview
- 9.2.12.2. Products / Services List
- 9.2.12.3. Strengths & Challenges
- 9.2.13. Topcon Corporation
- 9.2.13.1. Company Overview
- 9.2.13.2. Products / Services List
- 9.2.13.3. Strengths & Challenges
- 9.2.14. Trimble Inc
- 9.2.14.1. Company Overview
- 9.2.14.2. Products / Services List
- 9.2.14.3. Strengths & Challenges
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