Agriculture Analytics Market Landscape to 2034: Key Forces Shaping the Next Decade of Growth

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How Large Will the Agriculture Analytics Market Size By 2025?
The market size of agriculture analytics has seen fast expansion in recent years. Its expected growth is from $1.68 billion in 2024 to $1.86 billion in 2025 with a compound annual growth rate (CAGR) of 10.6%. The surge in growth during the historic period can be linked to increased emphasis on food security, state backing and subsidy provision, climate fluctuation and resource regulation, the rise of global population, and the escalating demand for crop yield enhancement.

How Big Is the Agriculture Analytics Market Size Expected to Grow by 2029?
The size of the agriculture analytics market is anticipated to experience a significant surge in the upcoming years, ballooning to $2.74 billion in 2029 with a Compound Annual Growth Rate (CAGR) of 10.2%. The projected surge over the forecast period can be traced back to the increasing use of cloud-based solutions, the adoption of precision agriculture, the intensifying call for sustainable methods, the utilisation of drones and satellite imaging, and data-informed decision making. Key trends over the forecast period are projected to be the incorporation of blockchain for enhanced transparency, the emergence of smart farming equipment and automation, tailored crop management strategies, data exchange, and synergistic platforms.

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Which Key Market Drivers Powering Agriculture Analytics Market Expansion and Growth?
The continued rise in the implementation of precision agriculture is projected to boost the progression of the agriculture analytics market. Precision agriculture entails the incorporation of advanced technologies, data-focused strategies, and forward-thinking practices into farming in order to maximize resource utilization, heighten productivity, and augment sustainability. The uptake of precision agriculture is intensifying due to necessities such as efficiency, food demand escalation, tech progression, ecological conservation, government incentives, challenges to climate change, the attraction of data-influenced decision making, and enhanced investment returns. Agriculture analytics facilitates the increased use of precision agriculture through provision of predictive insights to foresee yields, identify issues in advance, and streamline resource management to curb waste and elevate efficiency. To illustrate this, as per a report from the United States Department of Agriculture, a federal agency in the US, precision agriculture's average adoption in the US rose from 25% in 2021 to 27% in 2023, as of August 2023. Additionally, North Dakota tops the list with the highest adoption, reaching 57%, closely followed by states such as Illinois, Iowa, Kansas, Nebraska, and South Dakota, all with reported rates at or above 49%. Thus, the heightened adoption of precision agriculture is propelling the expansion of the agriculture analytics market.

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Which Emerging Trends Are Transforming the Agriculture Analytics Market in 2025?
Leading companies in the agricultural analytics market are prioritizing the usage of satellite imagery and AI-powered analytics features, including map builders, with the goal of streamlining operations, increasing crop output, and decreasing expenses, thereby promoting profitability and sustainability. The map builder tool allows farmers to develop optimized variable-rate application maps by incorporating satellite images and equipment data, thereby boosting resource utilization and crop production. For example, in September 2024, US-based firm EOS Data Analytics, known for its satellite-oriented software offerings, launched the VRA Map Builder functionality within its EOSDA Crop Monitoring platform to amplify precision farming. This innovative tool allows farmers and agricultural experts to produce Variable Rate Application (VRA) maps by harmonizing data from different sources such as satellite images and yield data collected from smart machinery. Focused on Professional plan users, the VRA Map Builder demystifies the typically intricate process of crafting accurate VRA maps, making it more user-friendly, even for individuals without substantial technical skills. By facilitating effortless uploads of machinery data, this feature aids in optimizing agricultural inputs according to specific field conditions, consequently enhancing crop output, reducing expenses, and mitigating environmental harm.

What Are the Emerging Segments in the Agriculture Analytics Market?
The agriculture analytics market covered in this report is segmented -

1) By Component: Solution, Services
2) By Deployment: Cloud, On-Premises
3) By Technology: Remote Sensing And Satellite Imagery, Geographic Information System, Robotics And Automation, Big Data And Cloud Computing, Visualization And Reporting, Blockchain Technology, Other Technologies
4) By Application: Farm Analytics, Livestock Analytics, Aquaculture, Other Applications
5) By End Users: Farmers, Agronomists, Agribusinesses, Agricultural Researchers, Government Agencies, Other End Users

Subsegments:
1) By Solution: Farm Management Analytics, Yield Monitoring And Forecasting, Soil Health And Fertility Analytics, Climate And Weather Analytics
2) By Services: Consulting Services, Implementation And Integration Services, Support And Maintenance Services, Data Analytics And Advisory Services

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Who Are the Global Leaders in the Agriculture Analytics Market?
Major companies operating in the agriculture analytics market are Microsoft Corporation, BASF SE, Amazon Web Services, accenture* plc, International Business Machines Corporation, Deere & Company, Oracle Corporation, SAP SE, AGCO Corporation, Wipro Inc., Corteva Inc., Xylem Inc., Hexagon AB, Trimble Inc, Topcon Positioning Systems Inc, Planet Labs PBC, PrecisionHawk Inc., Descartes Labs, Agribotix LLC, Conservis LLC

Which are the Top Profitable Regional Markets for the Agriculture Analytics Industry?
North America was the largest region in the agriculture analytics market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the agriculture analytics market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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