Press release
Agriculture Analytics Market 2022 Precise Outlook - Trimble Inc., IBM Corporation, Deere & Company, Vistex, Inc., Bayer AG, Iteris Inc
The Agriculture Analytics Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.The agriculture analytics market is projected to grow at 14.4% CAGR during the forecast period of 2022-2027.
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Top Leading Companies of Agriculture Analytics Market are Trimble Inc., IBM Corporation, Deere & Company, Vistex, Inc., Bayer AG, Iteris Inc, Ageagle Aerial Systems Inc, Agrivi, Conservis Corporation, PrecisionHawk, Inc., SAS Institute Inc. and others.
Industry News and Updates
In April 2022, Ag-Analytics announced the release of fully remote, on-demand UAV service to assist crop growers by providing cost-effective UAV flights and machine learning analytics. With the help of this service, farmers can easily place a no-obligation order in less time when the fly-out occurs in 3-5 days. The process is done entirely remotely, which does not require any physical contact.
- In March 2022, Growers Holdings, Inc., a software and analytics company, is entering into a strategic partnership with SAS Institute to help farmers with data-driven insights, making better agronomic decisions across their entire agriculture ecosystem. With the help of this partnership, the alliance will have the opportunity to address the global food crisis in the coming years.
Key Market Trends
North America Geographic Segment is Expected to Hold a Significant Share Throughout the Forecast Period
- The primary driving force for the growth of the North America geographic segment is the significant presence of technology providers and increasing government initiatives towards smart farming. These players focus on entering into partnerships, merger-acquisitions, and innovative solutions offerings to stay in the regional and globally competitive landscape.
- For instance, in May 2019, IBM Corporation announced the global expansion of the Watson Decision Platform for Agriculture, with AI technology tailored for new crops to feed a growing population across the United States. The company is providing a global agriculture solution that combines predictive technology with data from The Weather Company, an IBM Business, and IoT data to help give farmers around the world more significant insights about planning, plowing, planting, spraying, and harvesting.
Regional Outlook of Agriculture Analytics Market report includes the following geographic areas such as: North America, Europe, China, Japan, Southeast Asia, India and ROW.
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https://www.marketinsightsreports.com/reports/02285842468/agriculture-analytics-market-growth-trends-and-forecasts-2022-2027?Mode=PD
What Are The Market Factors That Are Explained In The Report?
Key Strategic Developments: The study also includes the key strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a global and regional scale.
Analytical Tools: The Agriculture Analytics Market Report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
Customization of the Report: This report can be customized as per your needs for additional data up to 3 companies or countries or 40 analyst hours.
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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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