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Agriculture Analytics Market worth $2.77 billion by 2030, growing at a CAGR of 8.69% - Exclusive Report by 360iResearch
Agriculture Analytics Market | 360iResearch
The Global Agriculture Analytics Market to grow from USD 1.54 billion in 2023 to USD 2.77 billion by 2030, at a CAGR of 8.69%.
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Agriculture analytics refers to applying data gathering, analysis, and interpretation methods to improve decision-making, optimize production, and enhance sustainability in agriculture. Leveraging technologies such as Big Data, the IoT, AI, and predictive analytics, agriculture analytics aims to increase efficiency, productivity, and profitability for farmers and agricultural businesses while minimizing environmental impact. Key drivers include the growing need for enhanced crop yield, increased technology adoption across the agrarian sector, demand for real-time livestock monitoring, and more efficient supply chain management. Farming enterprises are also adapting analytics to comply with stringent environmental regulations and to cope with unpredictable climate change effects. Significant restraints encompass the high implementation costs of advanced analytic systems, the hesitance among traditional farmers to adopt new technologies owing to the lack of digital literacy, and data privacy and security concerns. Additionally, the lack of standardized agricultural data can impede the adoption of agriculture analytics. Challenges include establishing data management infrastructure in remote and rural areas, ensuring interoperability between disparate systems and technologies, and scaling solutions to fit varying farm sizes and types. Providing analytics solutions that deliver actionable insights and easy-to-use decision support tools for farmers remains paramount. Opportunities arise from advancements in machine learning and AI for predictive farming, the proliferation of satellite imaging and sensor technologies, and government incentives supporting smart agriculture practices. The increased focus on sustainability and traceability in food production further favors adopting analytics solutions.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Agriculture Analytics Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Agriculture Analytics Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Agriculture Analytics Market, highlighting leading vendors and their innovative profiles. These include ABACO S.p.A., Agremo, Agrivi, Bayer AG, Conservis LLC, CropData Technology Private Limited., Deere & Company, DeLaval, DTN, Farmers Edge Inc., Fasal, Heliopas.ai GmbH, International Business Machines Corporation, Iteris, Inc., Kheti Buddy, OneSoil, Oracle Corporation, Precision Hawk, SAP SE, SAS Institute, Stesalit Systems Ltd., Taranis, Trace Genomics, and Trimble Inc..
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Market Segmentation & Coverage:
This research report categorizes the Agriculture Analytics Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Component, market is studied across Services and Software. The Services is projected to witness significant market share during forecast period.
Based on Farm Size, market is studied across Large Farms and Small & Medium-Sized Farms. The Large Farms is projected to witness significant market share during forecast period.
Based on Deployment, market is studied across Cloud and On-Premise. The Cloud is projected to witness significant market share during forecast period.
Based on Application, market is studied across Aquaculture, Farm, and Livestock. The Aquaculture is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Agriculture Analytics Market, by Component
7. Agriculture Analytics Market, by Farm Size
8. Agriculture Analytics Market, by Deployment
9. Agriculture Analytics Market, by Application
10. Americas Agriculture Analytics Market
11. Asia-Pacific Agriculture Analytics Market
12. Europe, Middle East & Africa Agriculture Analytics Market
13. Competitive Landscape
14. Competitive Portfolio
15. Appendix
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Agriculture Analytics Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Agriculture Analytics Market?
3. What is the competitive strategic window for opportunities in the Agriculture Analytics Market?
4. What are the technology trends and regulatory frameworks in the Agriculture Analytics Market?
5. What is the market share of the leading vendors in the Agriculture Analytics Market?
6. What modes and strategic moves are considered suitable for entering the Agriculture Analytics Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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