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Digital Agriculture Market Type, Share, Size, Analysis, Trends, Demand and Outlook 2030

11-24-2022 11:47 AM CET | IT, New Media & Software

Press release from: We Market Research

Digital Agriculture Market

Digital Agriculture Market

The digital agriculture market value which was around USD 14.15 billion in 2022, is expected to reach the value of approximately USD 29.49 billion by 2028, registering a CAGR of 10.15% during the forecast period.

Digital Agricultural Platforms are a group of interfaces and technologies that come together to establish a marketplace or commercial network for B2B, B2C, and C2C transactions. Smallholder farmers, who may offer a variety of crucial services to farmers and food systems, are among the actors they bring together to boost productivity.

Platforms come in a variety of sizes and shapes. The White Paper focuses on the financial institutions, mobile network operators (MNOs), major agricultural companies, and banks that are housed by the most developed nations in Sub-Saharan Africa. In order to expand the financial sustainability, influence, and outreach across diverse value chains and market groups, DAPs are gaining some momentum as a method of scalability technology across ecosystems.

The primary assets, competencies, and initial motivations of a DAP-its core business or mandate-and the reason they chose to create a platform to support smallholder farmers-have a significant impact on a platform's product offerings, sequencing, business model, and core target client categories.

Platforms develop fundamental competences and the relationships necessary for operations based on factors such as product mix, corporate strategy, target customers, and organisational culture. The rate of growth, the kinds of partners and talents that are available, and the kinds of platforms that are more likely to emerge and succeed depend on the state of the market.

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Platforms can link up members of the value chain to advance CSA practises, technology, and money, leading to more sustainable farming and information dissemination.

DAPs can provide data for anticipating existing and future scenarios to guide resource allocation. They can also help with the collecting of information on agricultural practises.

Through direct connection, women smallholder farmers continue to provide knowledge on rural gender concerns and cultural issues. By engaging women on DAPs and gathering gender-disaggregated data, we can increase women's engagement in agricultural and decision-making dynamics.

Platforms can help women overcome disadvantages and become more involved in agricultural development by providing them with direct access to financing, agronomic expertise, and market contacts. On the other hand, scaling tech innovators has its own set of challenges, such as a lack of knowledge about emerging technologies, a high cost of client acquisition, a lack of established networks with potential partners and authorities, and a persistent shortage of funding.

Innovations must be matched with platforms in order to benefit from their growth opportunities. In order to address structural issues for smallholder farmers, such as market access, skill development, and financing, as well as to achieve climate and gender goals, digital agriculture platforms are essential. They support the development and scaling of breakthrough technologies.

The Digital Agriculture Market - Segmentation
The global Digital Agriculture Platform Market based on Business Channel is segregated into:
• Business to business (B2B)
• Business to Customer (B2C)

The global Digital Agriculture Platform Market based on Product Type is categorized into:
• Perishables
• Non Perishables
• Agri Raw Materials

The Digital Agriculture Platform Market - Key Market players
The major players in the market are Microsoft, Monsanto, IBM, SAP, Climate Corporation, Eka, Digital Agriculture Services Pty Ltd, Farmers Edge, FarmCrowdy, and Agrofy.

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Frequently Asked Questions

• What is the CAGR rate for This Market over 2022-2030?
• What are the major drivers which aid this Market?
• What are the segments of this Market?
• Which is the fastest growing region in this Market?
• What are some major strategies used by top players for the expansion of their business in this Market?

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About We Market Research:
WE MARKET RESEARCH is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.
Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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