Agriculture Analytics Market: Post-COVID Growth Opportunity Analysis, Key Players | Deere & Company, IBM, SAP SE, Trimble

According to the report, the global Agriculture Analytics market is expected to grow from $813.23 Billion in 2020, which is expected to reach $2170.47 Billion by 2028, growing at the CAGR of 12.84% from 2020 to 2028. This growth is attributed to the need for a more data-driven approach to agriculture. Farmers, especially large-scale commercial ones, have had a lot of success with data-driven marketing and it stands to reason that they'd want to extend this knowledge to their farms as well. The major factor restraining the growth of the Agriculture Analytics Market is the lack of skilled professionals, who can integrate these solutions, in the agriculture industry.

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The recently published research report on Global Agriculture Analytics Market by Evolve Business Intelligence examines the industry in the context of major market aspects including market size & forecast, market shares in terms of revenues and volume, key players, and SWOT analysis. The market is analyzed based on 4 separate indications in the market dynamic chapter: Drivers, Restraints, Key Trends, and Challenges. The total sum of these sections will help you understand what strategies will be best to adopt in order to prosper through this industry over a few short years. The quantitative analysis includes our actual findings out of this research study where we provided additional insight into what our readers can do to embrace new opportunities or plan against threats that might hinder the market.

The COVID-19 pandemic has led to disruption in the supply chain leading to lower demand or supply shortages in the Agriculture Analytics market. The travel restrictions and social-distancing measures have resulted in a sharp drop in consumer and business spending and this pattern is expected to continue for some time. The end-user trend and preferences have changed due to the pandemic and have resulted in manufacturers, developers, and service providers adopting various strategies to stabilize the company.

The New Normal
As businesses recover from the COVID-19 pandemic, they have a new set of priorities to cope with. Throughout this crisis, they were forced to deal with shifting situations and often fell short of their ultimate goals. Now that a cure has been found and the pandemic is dying down, they will need to recuperate from this epidemic by setting forth new objectives to succeed in the future.

In terms of COVID 19 impact, the Agriculture Analytics market report also includes the following data points:
• COVID19 Impact on Agriculture Analytics market size
• End-User/Industry/Application Trend, and Preferences
• Government Policies/Regulatory Framework
• Key Players Strategy to Tackle Negative Impact/Post-COVID Strategies
• Opportunity in Agriculture Analytics market

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Key Players
Some of the major Agriculture Analytics players holding high market share include Deere & Company, IBM, SAP SE, Trimble. These players use collaboration as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Deere & Company
• IBM
• SAP SE
• Trimble
• Monsanto
• Oracle
• Iteris
• Taranis
• Agribotix

Segmental Analysis
Market Segment By Component with focus on market share, consumption trend, and growth rate of Agriculture Analytics Market:
o Solution
o Services

Market Segment By Application with focus on market share, consumption trend, and growth rate of Agriculture Analytics Market:
o Farm analytics
o Livestock analytics
o Others

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Global Agriculture Analytics Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia Pacific

• Rest of the World
o South America
o Middle East & Africa

The Asia Pacific will grow at the highest CAGR due to the increasing demand for data-driven decision-making across verticals in the agriculture industry. The increased adoption of cloud technology, the growing need to collect data from various sources, and the increasing demand for robust analytics are driving the market.

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