Agriculture Analytics - Global Market Outlook (2018-2027)
According to Stratistics MRC, the Global Agriculture Analytics Market accounted for $590.03 million in 2018 and is expected to reach $2,461.65 million by 2027 growing at a CAGR of 17.2% during the forecast period. Rising government initiatives to set up modern agricultural techniques and growing need for livestock management are the factors driving the market growth. However, the high capital investment may hinder market growth.
The Agricultural sector is moving towards data-driven transformations. Farmers and traders are moving towards technological advancements, adopting data analytics and smart farming technologies. Agriculture analytics is the adoption of technologies such as Big Data, IoT, and other analytics tools in the agricultural field. It enables farmers to make data-based decisions like which crops to plant for their next harvest.
By Component, Solution segment is constantly enhancing during the forecast period which is attributed to the expanding requirement for agribusiness to effectively analyze critical farm-related data for better decision-making. Based on geography, North America is likely to have a huge demand owing to the presence of a number of large farms with best-in-class farming equipment.
Some of the key players profiled in the Agriculture Analytics Market include Deere & Company, Accenture, Agvue Technologies, Oracle, Geosys, Gro Intelligence, Farmers Business Network, Monsanto Company, Farmers Edge, IBM, Delaval, Iteris, Conservis Corporation, Agribotix, and Agrivi.
Farm Sizes Covered:
• Large Farms
• Small and Medium-Sized Farms
Deployment Types Covered:
• Farm Analytics
• Aquaculture Analytics
• Livestock Analytics
• Other Applications
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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