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Agriculture Analytics Market Analysis 2019 to 2027 | Size, Growth, Trends and Forecast | Credence Research

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The global agriculture analytics market is growing with a CAGR of 15.3% during the forecast period from 2019 to 2027, starting from US$ 560.0 Mn in 2018.

— According to a new market research report published by Credence Research “Global Agriculture Analytics Market – Growth, Future Prospects and Competitive Analysis, 2019 - 2027”, the overall agriculture analytics market worldwide is set to grow with a CAGR of more than 15.3% during the forecast period from 2019 to 2027, starting from US$ 560.0 Mn in 2018.

Market Insights

The global agriculture analytics market is highly driven by increasing need to enhance the production volume in the farms. Due to the changing climatic conditions, soil properties, fertilizer application, and seed variety, there has been uncertainty with the farm yield in various regions worldwide. This has generated demand for innovative tools that would help stabilize the conditions and help farmers enhance their quantity and quality of harvest. Based on this, the adoption of analytics solutions in agriculture sector has increased since past few years. As these solutions provide predictive services, it is easier for the farmers and farm equipment companies to modify their process and generate high revenue and increase productivity. Moreover, increasing government initiatives with an aim of providing digital support in the agricultural sector is also fueling the market growth across the globe.

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Though this is a lucrative market segment, low spending power of farmers in various developing and underdeveloped countries, lack of technical skills with respect to advanced applications and tools, and lack of standardization for data management in agriculture industry are some of the factors that can have a negative impact on the global agriculture analytics market during the forecast period.

Based on application, the livestock management segment is dominating the market by holding the maximum market share of the total revenue generated worldwide. As livestock play a vital role in the agricultural sector, keeping a track on their diet and other activities is essential for the farms. Usage of analytical tools can help farmers to eliminate mismanagement regarding the diet and grooming of these animals. Based on geography, North America dominated the global agriculture analytics market by holding a market share of nearly 41% to the total revenue generated. Factors such as the growing adoption of modern farming techniques, increasing investments for developing and providing best-in-class farming equipment at an affordable price, and digitization are driving the agriculture analytics market in this region. Europe holds the second position in this market based on significant developments in the field of agricultural technologies. However, the Asia-Pacific region is projected to grow at the highest CAGR during the forecast period. Factors such as significant investment in adoption of digital tools in the agriculture sector of developing countries and expansion of international companies in this region by this region are contributing to the growth of agriculture analytics market in APAC.

Some of the major companies profiled in the report include Deere & Company, IBM, Trimble, Monsanto Company, Accenture, Agribotix, Agrivi, DTN, DeLaval, Farmer's Business Network, Farmers Edge, GEOSYS, Granular, Gro Intelligence, Oracle, Iteris, Taranis, Proagrica, SAP SE, PrecisionHawk, RESSON, Stesalit Systems, aWhere Inc., AgVue Technologies, Conservis Corporation, among others.

Report Scope by Segments:

By Component (Software, Services)
By Deployment Model (Cloud, On-premise),
By Application (Farm Analytics, Livestock Management),
By Farm Size (Small and Medium, Large)

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Chapter 1 Preface
1.1 Report Scope and Description
1.1.1 Study Purpose
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Approach Adopted
1.3.4 Top-Down Approach
1.3.5 Bottom-Up Approach
1.3.6 Phase III – Expert Panel Review
1.3.7 Assumptions
1.4 Market Segmentation

Chapter 2 Executive Summary

Chapter 3 Market Dynamics
3.1 Introduction
3.2 Market Dynamics
3.2.1 Market Drivers
3.2.2 Market Restraint
3.3 Attractive Investment Proposition, by Geography, 2017
3.4 Market Positioning of Key Agriculture Analytics Vendors, 2017

Chapter 4 Global Agriculture Analytics Market, by Component Segment
4.1 Overview
4.2 Software
4.3 Services
4.3.2 Integration and Implementation
4.3.3 Consulting Services
4.3.4 Support and Maintenance
4.3.5 Training and Education
4.3.6 Managed Services

Chapter 5 Global Agriculture Analytics Market, by Deployment Model
5.1 Overview
5.2 Cloud
5.3 On-premise

Chapter 6 Global Agriculture Analytics Market, by Application
6.1 Overview
6.2 Farm Analytics
6.2.2 Planning
6.2.3 Farm Production
6.2.4 Post-Harvest Activities
6.3 Livestock Analytics
6.3.2 Feeding Management
6.3.3 Heat Stress Management
6.3.4 Milk Harvesting
6.3.5 Breeding Management
6.3.6 Behaviour Monitoring and Management
6.3.7 Others
6.4 Other Applications

Chapter 7 Global Agriculture Analytics Market, by Farm Size
7.1 Overview
7.1.1 Global Agriculture Analytics Market Value Share, by Farm Size, 2017 & 2026 (Value, %)
7.2 Small and Medium-Sized Farms
7.2.1 Global Agriculture Analytics Market Value from Small and Medium-Sized Farms, 2016 – 2026 (US$ Bn)
7.3 Large Farms
7.3.1 Global Agriculture Analytics Market Value from Large Farms, 2016 – 2026 (US$ Bn)

Chapter 8 North America Agriculture Analytics Market Analysis, 2016 – 2026 (US$ Bn)

Chapter 9 Europe Agriculture Analytics Market Analysis, 2016 – 2026 (US$ Bn)

Chapter 10 Asia Pacific Agriculture Analytics Market Analysis, 2016 – 2026 (US$ Bn)

Chapter 11 Rest of the World (RoW) Agriculture Analytics Market Analysis, 2016 – 2026 (US$ Bn)

Chapter 12 Company Profiles
12.1 Deere & Company
12.2 IBM Corporation
12.3 SAP SE.
12.4 Trimble
12.5 Monsanto Company
12.6 Oracle Corporation
12.7 Accenture
12.8 Iteris Inc.
12.10 Agribotix LLC
12.11 Agrivi
12.12 DTN
12.13 AWhere Inc.
12.14 Conservis Corporation
12.15 DeLaval
12.16 Farmer’s Business Network
12.17 Farmers Edge
12.18 GEOSYS
................................toc continued

Browse the full report at https://www.credenceresearch.com/report/agriculture-analytics-market

About Us
Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.

Medium: https://medium.com/@CredenceResearc/agriculture-analytics-market-global-industry-analysis-to-2027-4ba056874423

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Source URL: https://marketersmedia.com/agriculture-analytics-market-analysis-2019-to-2027-size-growth-trends-and-forecast-credence-research/88898375

Source: MarketersMedia

Release ID: 88898375

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