North America Agriculture Analytics Market is likely to grow at a CAGR of 12% during 2021-2026

According to MarkNtel Advisors' research report, “North America Agriculture Analytics Market Analysis, 2021,” the market is likely to grow at 12% CAGR during the forecast period, i.e., 2021-26. It owes to the booming demand for the adoption of modern technologies in the agricultural sector to help farmers analyze real-time information like soil, weather, moisture, crop, etc. Moreover, it facilitates having an organized system for farm production after the harvest activities. Furthermore, an emphasis on government & market players for the enactment of modern technologies like artificial intelligence among farmers is also likely to result in a positive growth of the North America Agriculture Analytics market in the forecast period.

Key questions answered in the study
1. What are the current and future trends in North America Agriculture Analytics Market?
2. How has the market been evolving in terms of end-user demand and application areas?
3. How has the competition been shaping across the countries, followed by their comparative factorial indexing?
4. What are the key growth drivers and challenges for the North America Agriculture Analytics Market?
5. What is the customer orientation, purchase behavior, and expectations from the North America Agriculture Analytics Market service provider across various countries?

Get the sample pages of the market report: https://www.marknteladvisors.com/query/request-sample/north-america-agriculture-analytics-market.html

The Solution to Dominate the Market with the Largest Share

Based on the Component, the North American Agriculture Analytics Market segments into Solution and Services. In recent years, the Solution segment dominated the market with the largest share and is likely to continue its dominance in the forecast years. It owes prominently to the ability of the solution segment to maintain farm investments & transactions while enabling various IoT devices to perform tasks effectively. Furthermore, the customized solution is also likely to grow its adoption to measure profits, track field activities, amplify crop plans, and conduct risk portfolios.

On-Premises to Attain the Fastest Market Growth
Based on the Deployment, the ‘On Premise’ segment is likely to attain the fastest market growth in North America owing to the higher adoption of on-premises agriculture analytics solutions due to the increasing data security concerns among different end-users. Furthermore, the On-premises segment is most prominently extended by numerous large farms because of their better ability to finance. Besides, large farms have a plethora of businesses with ‘On Premise’ deployment following broader geographical reasons. Therefore, the ‘On Premise’ segment is likely to witness a booming demand and fuel the overall market growth.

For detailed analysis: https://www.marknteladvisors.com/research-library/north-america-agriculture-analytics-market.html

“North America Agriculture Analytics Market Analysis, 2021” provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Agriculture Analytics providers across the countries. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.

According to MarkNtel Advisors, the leading players in the North America Agriculture Analytics Market are Harvest CROO Robotics, SkySquirrel Technologies Inc., aWhere, FarmShots, Abundant Robotics, Hortau Inc, Deere & Company, Trimble, AGCO Corporation, AgJunction, Raven Industries.

Market Segmentation:
1. By Deployment (On Premise, Cloud)
2. By Component (Solution, Service)
3. By Farm Size (SME, Large Enterprises)
4. By Application (Farm analytics, Livestock analytics, Aquaculture analytics, Others (Orchid, Forestry, and Horticulture))
5. By Country (U.S., Canada, Mexico)
6. By Competitors (Harvest CROO Robotics, SkySquirrel Technologies Inc., aWhere, FarmShots, Abundant Robotics, Hortau Inc, Deere & Company, Trimble, AGCO Corporation, AgJunction, Raven Industries)

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MarkNtel Advisors is a leading research, consulting and data analytics firm that provides a wide range of strategic reports on diverse industry verticals to a substantial and varied client base that includes multinational corporations, financial institutions, governments, and individuals.

We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.

This release was published on openPR.