openPR Logo
Press release

Agritech Platform Market Size, Review, Key Findings, Growth Strategy, Trends And Global Forecast (2022 - 2032) With a CAGR of 12.4%

11-01-2022 09:40 AM CET | IT, New Media & Software

Press release from: Persistence Market Research

Agritech Platform Market Size, Review, Key Findings, Growth

According to Persistence Market Research, global demand for agritech platforms will increased rapidly at a CAGR of 12.4% from 2022 to 2032. The report predicts that the market will close in on a valuation of US$ 39.9 Bn by the end of 2032.

Farmers are under enormous pressure to feed a population that is growing by the minute, and because of the intricate agricultural value chain, their challenges are considerably more onerous. To ensure a steady flow of income for farmers in the current challenging environment, it is vital to use modern, sustainable farming practices supported by technology, in addition to good judgement and foresight.

Request the sample copy of report @ https://www.persistencemarketresearch.com/samples/32970

Farmers can have better control over the output of their crops and livestock by using contemporary tools. This method not only boosts crop productivity and efficiency but also lessens the likelihood of produce loss and waste of essential resources such as water, fertilizers, and pesticides.
Agritech platforms give farmers access to agricultural inputs including planting supplies, seeds, fertilizers, and machinery, as well as relevant information about the quality and best practices of the products that they buy.

Key Takeaways from Market Study

By solution, agritech platforms are anticipated to account for a leading share in market.

Demand for agritech services is estimated to surge at a CAGR of 13.8% through 2032.

By application, precision farming is currently leading the market. However, the smart greenhouse segment is likely to expand at a higher CAGR of 15.3% through 2032.

By region, North America is expected to lead the global market with a share of 30.7% in 2022, followed by Europe. South Asia and Pacific is anticipated to emerge as the fastest-growing market over the decade.

"An increase in demand for agritech solutions due to high need for automating agricultural processes to meet the needs of a growing population and improve farming is expected to propel the demand for agritech platforms", says a Persistence Market Research analyst.

Rising Adoption of Digital Technologies in Agriculture

Technological advances in agriculture are ongoing to meet the growing demand for agricultural automation, digitization, and sustainability.
A shift toward intelligent farming and the efficient use of time & resources while avoiding crop loss is indicated by emerging trends in agriculture.
The Internet of Things (IoT), computer vision, and artificial intelligence (AI) are all used in agriculture as part of smart agriculture.

For In-Depth Competitive Analysis, Buy Now @ https://www.persistencemarketresearch.com/checkout/32970

Manual farm tasks such as fruit harvesting and watering plants are being taken over; for example, robots and drones are accelerating agricultural automation. GPS and drone and satellite imagery work together to produce a high-resolution, site-specific perspective of an area. Additionally, real-time field data is collected by sensor-powered IoT devices, enabling farmers to make informed decisions. Additionally, the widespread adoption of precision agriculture and indoor farming is driving IoT development in agriculture.

Key Players :

• CropX
• Arable
• Gamaya
• CropIn
• Agro-star
• Semios
• Hortau
• Waycool
• Cropsafe
• Xocean
• Ninja Cart
• Machine Eye
• FarmEye
• Intello Labs
• Farmlink

More Valuable Insights on Offer

Persistence Market Research's report on the agritech platform market is segmented into three major sections - solution (agritech platforms, services (implementation & integration, consulting, support & maintenance)), application (livestock monitoring, precision farming, precision aquaculture, smart greenhouse, others), and region (North America, Latin America, Europe, East Asia, South Asia and Pacific, and the Middle East and Africa).

Request For Report Customization @ https://www.persistencemarketresearch.com/request-customization/32970

About us:
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.

Contact us:
Persistence Market Research
Address - 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Agritech Platform Market Size, Review, Key Findings, Growth Strategy, Trends And Global Forecast (2022 - 2032) With a CAGR of 12.4% here

News-ID: 2786000 • Views:

More Releases from Persistence Market Research

Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Persistence Market Research
Plastic Liner Market to Reach US$ 6.67 Bn by 2030, Expanding at 4.7% CAGR - Pers …
➤ Overview of the Market The global plastic liner market has gained steady traction across multiple industries due to its cost-effectiveness, versatility, and protective characteristics. Plastic liners are widely used in agriculture, mining, construction, waste management, and packaging industries, where they serve as an essential barrier to prevent leakage, contamination, and material loss. These liners are manufactured using materials such as polyethylene (PE), polypropylene (PP), and PVC, offering superior resistance to
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by Sustainability and Supply Chain Efficiency
Returnable Plastic Crate Market to Reach US$ 2,665.1 Million by 2030 Fueled by S …
➤ Overview of the Market The global returnable plastic crate market is gaining momentum as industries seek cost-effective and sustainable packaging solutions. These crates are widely used for transporting and storing perishable goods, beverages, pharmaceuticals, and industrial products due to their durability, stackability, and reusability. The shift from single-use packaging to eco-friendly alternatives has accelerated the adoption of returnable plastic crates across sectors. The market, valued at US$ 1,820.0 million in
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Growth - Persistence Market Research
US Thermal Power Market Expected to Reach US$ 251.9 Mn by 2031 with 2.4% CAGR Gr …
➤Overview of the Market The US thermal power market plays a crucial role in the nation's energy mix, serving as a stable and reliable source of electricity despite the rise of renewables. Thermal power plants in the US rely primarily on coal, natural gas, and oil to generate electricity, with natural gas emerging as the dominant fuel source due to its affordability, efficiency, and lower carbon footprint compared to coal. According
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Healthcare Demand
Europe Medical Plastic Market to Reach US$ 17 Bn by 2032 Driven by Rising Health …
➤Overview of the Market The Europe medical plastic market is undergoing robust growth, fueled by increasing demand for lightweight, durable, and cost-effective materials in the healthcare sector. Medical plastics are widely used in devices, surgical instruments, diagnostic tools, implants, and packaging due to their high biocompatibility, versatility, and resistance to sterilization methods. With healthcare systems across Europe investing heavily in modernization and patient safety, the adoption of medical-grade plastics has gained

All 5 Releases


More Releases for Key

Caprylyl Glycine Market Size, Share and Forecast By Key Players-Key Player I, Ke …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Caprylyl Glycine market is anticipated to grow at a compound annual growth rate (CAGR) of 16.41% between 2024 and 2031. The market is expected to grow to USD 11.09 Billion by 2024. The valuation is expected to reach USD 32.12 Billion by 2031. The Caprylyl Glycine market is experiencing significant growth, driven by its increasing demand in the
Polyurethane Prepolymer (PPU) Market Size, Share and Forecast By Key Players-Key …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Polyurethane Prepolymer (PPU) market is anticipated to grow at a compound annual growth rate (CAGR) of 11.68% between 2024 and 2031. The market is expected to grow to USD 8.1 Billion by 2024. The valuation is expected to reach USD 17.54 Billion by 2031. The Polyurethane Prepolymer (PPU) Market is set for significant growth, driven by increasing demand
Olivine Sand Market Size, Share and Forecast By Key Players-Key Player I, Key Pl …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲- According to the MRI Team's Market Research Intellect, the global Olivine Sand market is anticipated to grow at a compound annual growth rate (CAGR) of 16.07% between 2024 and 2031. The market is expected to grow to USD 39 Billion by 2024. The valuation is expected to reach USD 110.69 Billion by 2031. The olivine sand market is poised for significant growth due to its increasing use in
Phlorotannins Market Analysis By Top Keyplayers - Key Player I, Key Player II, K …
The "Phlorotannins Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031.  The market was valued at USD xx.x billion In 2023. Growing Demand and Growth Potential in the Global Phlorotannins Market, 2024-2031 Verified Market Research's most recent report, "Phlorotannins Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination of the industry
Direct Drive Frameless Motor Market Size, Insights 2031 by Key Vendors- Key Play …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: According to Verified Market Reports analysis, the global Direct Drive Frameless Motor Market size is reached a valuation of USD xx.x Billion in 2023, with projections to achieve USD xx.x Billion by 2031, demonstrating a 𝐂𝐀𝐆𝐑 𝐗𝐗.𝐗% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟏. The Direct Drive Frameless Motor Market presents significant opportunities for growth driven by advancements in technology and the increasing demand for high-performance, precision-driven applications across various industries.
Hydroxylamine Hcl Market Size, Share Projections 2031 by Key Manufacturer- Key P …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: According to Verified Market Reports analysis, the global Hydroxylamine Hcl Market size is reached a valuation of USD xx.x Billion in 2023, with projections to achieve USD xx.x Billion by 2031, demonstrating a 𝐂𝐀𝐆𝐑 𝐗𝐗.𝐗% 𝐟𝐫𝐨𝐦 𝟐𝟎𝟐𝟒 𝐭𝐨 𝟐𝟎𝟑𝟏. The Hydroxylamine HCl Market offers substantial opportunities for growth driven by its diverse applications across various industries. Hydroxylamine hydrochloride is widely used as a reducing agent in chemical synthesis,