Agriculture analytics is used to improve farming processes and make informed decisions by utilising supplementary technologies such as satellites, drones, and others. SAS agriculture analytics with AI enables the extraction of usable data that, among other things, can lead to enhanced plant and animal health, crop yields, and sustainable practises. It also organises data from plant, soil, and animal health product studies. It could potentially be used to improve precision agriculture efficiency. The Agriculture Analytics Market research provides segment analysis based on type, farm size, application, and geography.
Agriculture Analytics Market Report Scope and Research Methodology
The study examines the most important Agriculture Analytics market trends and how they will affect new business investments and industry development. Market trends influence new technology, new rules, government investment, new uses, foreign entry, and other industry dynamics. This research contains a detailed trend analysis to help clients make decisions about expanding their presence in the Agriculture Analytics market.
The Agriculture Analytics Market Research offers unique important statistics, facts, information, trends, and competitive landscape insights in the specific industry. The current state of the Agriculture Analytics The market is examined, and the market is projected through 2029. The report is likely to include company profiles, capacity, production, price, cost, revenue, and contact information for the world’s major manufacturers of Agriculture Analytics market share.
Agriculture Analytics Market overview:
According to market research, the entire Agriculture Analytics Market is predicted to rise rapidly. The study discusses the Agriculture Analytics market’s growth drivers, main restraints, emerging difficulties, and current opportunities. The research includes a region- and segment-specific analysis of the dynamics and Agriculture Analytics market size.
Agriculture Analytics Market size was valued at US$ 1.02 Bn in 2020. The Global Agriculture Analytics Market is estimated to grow at a CAGR of 12.3% over the forecast period.
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Agriculture Analytics Market Regional Insights:
The report includes a detailed analysis of all the regions and their countries mentioned below:
- Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
- Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
- North America (the United States, Mexico, and Canada.)
- South America (Brazil etc.)
- The Middle East and Africa (GCC Countries and Egypt.
Agriculture Analytics Market Segmentation:
The market is divided into four applications: farming, livestock, aquaculture, and others. In 2020, the Farming category held a 38.8% share of the market. Farming is included with agriculture. They have a lot in common as well as a lot of differences. Agriculture includes a wide range of activities such as production, research and development, and farming. Farming, on the other hand, is the activity or business of cultivating crops and cattle, and it is widely employed to increase this section of the agriculture analytics industry.
The Livestock section, on the other hand, is predicted to rise at a CAGR of 6.6% during the projection period. Cattle, sheep, horses, goats, and other domestic animals raised or used on the farm are examples of livestock. Under the terms of this exemption, turkeys and domesticated fowl are considered poultry rather than livestock.
The Agriculture Analytics Market is divided into two segments based on farm size: small and medium farms and large farms. The revenue growth rate of the Large farm sector is predicted to be the fastest over the projection period. Because large farms have better economic conditions than small and medium farms, farmers can employ agriculture analytics to enhance productivity and improve overall farm efficiency. Agriculture analytics solutions will be in high demand among large farms as the need to meet rising food demand and weather extremes grows. Large farms are increasingly relying on big data IoT devices to monitor operations and collect data on tractor availability, among other things.
The market is divided into two types: Farm Analytics and Livestock Analytics. In 2020, the Farm Analytics category held a 68% share of the agriculture analytics market. Agriculture experts are using artificial intelligence and data science to do on-farm predictive analytics before providing the insights that matter in the farming business. The rising subscription-based business model aims to lower farmers’ costs while simultaneously offering real-time crop alerts. Furthermore, prediction models and daily work optimisation will provide them complete control over their harvest in the future, which will be a major driver of this segment’s growth.
Agriculture Analytics Market Key Players include:
Deere & Company (US)
IBM (US)
SAP SE (Germany)
Monsanto (US)
Oracle (US)
Accenture (Ireland)
Iteris (US)
Taranis (Israel)
Agribotix (US)
Agrivi (UK)
DTN (US)
Conservis Corporation (US)
DeLaval (Sweden)
FBN (US)
Farmers Edge (US)
GEOSYS (US)
Granular (US)
Gro Intelligence (US)
Proagrica (UK)
Key Questions answered in the Agriculture Analytics Market Report are:
- What is Agriculture Analytics Market?
- What is the expected CAGR of the Agriculture Analytics market during the forecast period?
- What is the expected Agriculture Analytics market size by 2029?
- What factors are affecting the Agriculture Analytics market growth?
- Which region held the largest share of the Agriculture Analytics market?
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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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