Europe Agriculture Technology As A Service Market Forecast 2023-2032
KEY FINDINGS
The Europe Agriculture Technology as a Service market is expected to grow at a CAGR of 16.91% during the forecast period 2023-2032. The region is expected to witness significant demand for agricultural technology as well as associated solutions over the upcoming years, owing to government backing and increased awareness.
MARKET INSIGHTS
The United Kingdom, Germany, France, Italy, Spain, the Netherlands and Rest of Europe are evaluated in order to predict the growth of the Europe Agriculture Technology as a Service market. Over the forecast years, the Italian market for Agricultural Technology as a Service, such as guided technology, variable rate technology and robotics for agriculture, are set to be well established. It is anticipated that the increasingly widespread use of these agricultural technologies, including intelligence software solutions and associated data analytics for proper farm connectivity, will lead to the sustainability of the country’s agricultural production.
The Spanish government supports climate-smart agriculture through the national strategic plan of the Common Agricultural Policy (CAP) 2023-2027. The plan includes a number of measures to address the climate challenges associated with agriculture and achieve the environmental targets set by the European Green Deal. One of the goals is that by 2030, 20% of the country’s agricultural land area will be cultivated using organic farming methods. In addition, more than 86% of used agricultural land is expected to meet suitable agricultural and environmental conditions. Moreover, $6.42 billion has been allocated to encourage farmers to engage in more ambitious approaches, such as carbon sequestration and maintenance of landscape features. Therefore, these factors are expected to drive the growth of the market in Europe during the forecast period.
COMPETITIVE INSIGHTS
Some of the leading companies in the market are CLAAS KGaA mbH, Agrivi 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. Europe
- 8.1.1. Market Size & Estimates
- 8.1.2. Europe Agriculture Technology As A Service Market Drivers
- 8.1.3. Europe Agriculture Technology As A Service Market Challenges
- 8.1.4. Key Players In Europe Agriculture Technology As A Service Market
- 8.1.5. Country Analysis
- 8.1.5.1. United Kingdom
- 8.1.5.1.1. United Kingdom Agriculture Technology As A Service Market Size & Opportunities
- 8.1.5.2. Germany
- 8.1.5.2.1. Germany Agriculture Technology As A Service Market Size & Opportunities
- 8.1.5.3. France
- 8.1.5.3.1. France Agriculture Technology As A Service Market Size & Opportunities
- 8.1.5.4. Italy
- 8.1.5.4.1. Italy Agriculture Technology As A Service Market Size & Opportunities
- 8.1.5.5. Spain
- 8.1.5.5.1. Spain Agriculture Technology As A Service Market Size & Opportunities
- 8.1.5.6. Netherlands
- 8.1.5.6.1. Netherlands Agriculture Technology As A Service Market Size & Opportunities
- 8.1.5.7. Rest Of Europe
- 8.1.5.7.1. Rest Of Europe 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. Agrivi Ltd
- 9.2.3.1. Company Overview
- 9.2.3.2. Products / Services List
- 9.2.4. Airbus Sas
- 9.2.4.1. Company Overview
- 9.2.4.2. Products / Services List
- 9.2.4.3. Strengths & Challenges
- 9.2.5. At&T
- 9.2.5.1. Company Overview
- 9.2.5.2. Products / Services List
- 9.2.5.3. Strengths & Challenges
- 9.2.6. Ceres Imaging
- 9.2.6.1. Company Overview
- 9.2.6.2. Products / Services List
- 9.2.7. Claas Kgaa Mbh
- 9.2.7.1. Company Overview
- 9.2.7.2. Products / Services List
- 9.2.7.3. Strengths & Challenges
- 9.2.8. Deere & Company
- 9.2.8.1. Company Overview
- 9.2.8.2. Products / Services List
- 9.2.8.3. Strengths & Challenges
- 9.2.9. Fujitsu
- 9.2.9.1. Company Overview
- 9.2.9.2. Products / Services List
- 9.2.9.3. Strengths & Challenges
- 9.2.10. Hexagon Ab
- 9.2.10.1. Company Overview
- 9.2.10.2. Products / Services List
- 9.2.10.3. Strengths & Challenges
- 9.2.11. Ibm Corporation
- 9.2.11.1. Company Overview
- 9.2.11.2. Products / Services List
- 9.2.11.3. Strengths & Challenges
- 9.2.12. Microsoft Corporation
- 9.2.12.1. Company Overview
- 9.2.12.2. Products / Services List
- 9.2.12.3. Strengths & Challenges
- 9.2.13. Raven Industries (Acquired By Cnh Industrial Nv)
- 9.2.13.1. Company Overview
- 9.2.13.2. Products / Services List
- 9.2.13.3. Strengths & Challenges
- 9.2.14. Topcon Corporation
- 9.2.14.1. Company Overview
- 9.2.14.2. Products / Services List
- 9.2.14.3. Strengths & Challenges
- 9.2.15. Trimble Inc
- 9.2.15.1. Company Overview
- 9.2.15.2. Products / Services List
- 9.2.15.3. Strengths & Challenges
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook