Agriculture Analytics Market Revenue Share Analysis, Region & Country Forecast 2023-2030)

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Global Agriculture Analytics Market Size Was Valued at USD 1.14 Billion In 2022 And Is Projected to Reach USD 2.81 Billion By 2030, Growing at A CAGR of 11.9% From 2023 To 2030.

Agricultural analytics is defined as the use of technologies such as IoT, big data, and other analytical tools in the agricultural sector. Smart farming is part of agricultural analytics and a breakthrough application of science and technology across agriculture. It is used widely to understand different aspects of agriculture such as irrigation and cultivation. Various technologies such as IoT, remote sensing application control, GPS, etc., are used in agricultural analytics. Agricultural analytics is designed to improve several farming techniques, using complementary technologies such as drones, satellites, and others to make better decisions. Increased food consumption and the need for fertile land are likely to boost demand. The great potential of urban farming, where people grow vegetables in their gardens and at home, could boost the growth of the market. The ability to feed local communities and the benefits of protecting crops from environmental stresses could bode well for the market. Farmers can use big data and artificial intelligence to increase their potential and significantly increase crop production.

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The top market Players Covered in the Agriculture Analytics Market are:

Deere & Company (US), IBM (US), SAP SE (Germany), Trimble(US), Monsanto (US), Oracle (US), Accenture (Ireland), Iteris (US), Taranis (Israel), Agribotix (US), Agrivi (UK), DTN (US),aWhere (US), Conservis Corporation (US), DeLaval (Sweden), FBN (US), Farmers Edge (US), GEOSYS (US), Granular (US), Gro Intelligence (US), and other major players.

The latest research on the Agriculture Analytics Market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Agriculture Analytics Market industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter's five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Agriculture Analytics Market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.

Segmentation Analysis of the Agriculture Analytics Market:

By Component          

·         Solutions

·         Services

By Deployment         

·         On-Premise

·         Cloud-based

By Application          

·         Farm Analytics

·         Livestock Analytics

·         Aquaculture Analytics

·         Others

 Market share data Market Segment by Regions and Countries Level Analysis:

§  North America (U.S., Canada, Mexico)

§  Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

§  Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

§  Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

§  Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)

§  South America (Brazil, Argentina, Rest of SA)

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Covid-19 Impact Analysis On Agriculture Analytics Market

The Covid-19 pandemic had an adverse impact globally, due to which many industries faced dire consequences. The agriculture, food, and related industries have been severely impacted by the pandemic, due to the temporary lockdown, shutdown, trade barriers, as well as the decline in the import-export of goods. As incidences of COVID-19 rapidly increased worldwide, disruptions to the regular agri-food supply chains are faced by several countries. The Data Analytics Technology market in the agricultural industries has had a moderate impact, and a slow recovery has been observed in recent months. However, the agriculture analytics market has been stagnant during the past few months due to the low adoption rate of analytics solutions among farmers. The potential global recession has resulted in restricted investments, funding, and expenses for goods and services consumption, which is projected to affect the adoption rate of analytics in the agriculture industry. Additionally, the key solution providers of agriculture analytics had to undergo several challenges in innovation & and productivity, creating growth opportunities to flourish, and so on. Moreover, budget issues, unplanned expenses, as well as economic imbalance, have majorly affected the start-ups in the agriculture analytics market.

Reasons to Purchase this Report:

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors

• Provision of market value (USD Billion) data for each segment and sub-segment

• Indicates the region and segment that is expected to witness the fastest growth as well as dominate the market

• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

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