Agriculture Analytics Market

Agriculture Analytics Market by Component (Solution, Services), by Deployment Modes (Cloud, On-premises), by Application (Farm analytics, Livestock analytics, Aquaculture Analytics, Others), , by Region (North America, Europe, Asia Pacific, Latin America and Middle East & Africa) - Global Industry Assessment (2016 - 2021) & Forecast (2022 - 2028)

Frequently Asked Questions

  • What is the global demand for Agriculture Analytics in terms of revenue?

    The global Agriculture Analytics valued at 1.23 Billion in 2020 and is expected to reach 3.21 Billion in 2028 growing at a CAGR of 12.72%%

  • Which are the prominent players in the market?

    The prominent players in the market are Deere & Company, IBM, SAP SE, Trimble, Monsanto, Oracle, Accenture, Iteris, Taranis, Agribotix, Agrivi, Conservis Corporation, DeLaval, FBN..

  • At what CAGR is the market projected to grow within the forecast period?

    The market is project to grow at a CAGR of 12.72%% between 2021 and 2028.

  • What are the driving factors fueling the growth of the market.

    The driving factors of the Agriculture Analytics include

    • The rising adoption of digital technologies such as the internet, data analytics, mobile technologies and devices, digitally-delivered services, artificial intelligence, and apps in agriculture is likely to create lucrative opportunities for the agriculture analytics market. Moreover, a high internet penetration rate combined with booming smartphones sales especially in developing economies is anticipated to fuel the usage of digital services offered which ultimately generates a huge amount of data that can be used for the analytical applications.
    • In addition to that, supportive government policies and a big push for digitization in agriculture by governments in various countries is likely to further boost the adoption of analytics services during the upcoming years. Apart from this, public and private partnerships are likely to develop more advance infrastructure supporting the digital drive in the agriculture field.

  • Which region accounted for the largest share in the market?

    North America was the leading regional segment of the Agriculture Analytics in 2020.

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