________________________________________________________________________________________________________________________
Markntel Advisors’ report, Agriculture Technology-as-a-Service Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2028, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Agriculture Technology-as-a-Service presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Agriculture Technology-as-a-Service Market Research Report & Market Summary:
The Global Agriculture Technology-as-a-Service Market is anticipated to grow at a CAGR of around 23.12% during the forecast period, i.e., 2023-28, cites MarkNtel Advisors. The market growth attributes primarily to the consistently growing need for agricultural products across the world. The increasing human population, changes in dietary patterns, and improving farmers’ income are the main reasons for the requirement for optimum agricultural produce through the integration of state-of-the-art technologies. The introduction of new analytical & predictive software & its features like crop monitoring, crop protection, farm management, etc., assists the farmers in efficiently managing their planted crops, nutrients in the soil, water level, etc.
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/global-agriculture-technology-service-market.html
Agriculture Technology-as-a-Service Market Dynamics:
Key Driver-
Sustainable Agriculture Solutions Meeting the Growing Need for Environmentally Friendly Farming – The increasing global population is contributing to escalating the demand for sustainable food around the globe. According to the World Bank, the population is presumed to reach around 9.7 billion by 2050, which positively generates the demand for food. Thus, sustainable agriculture solutions help to meet this demand while reducing the environmental effect of agriculture.
The rising impact of agriculture on the environment, including soil degradation, water pollution, and greenhouse gas emissions, has become a major concern. Sustainable farming practices, such as aquaponics & vertical farming, can help to mitigate these impacts. Henceforth, the surging demand for sustainable food production across the globe is driving the growth of the Global Agriculture Technology-as-a-Service Market as farmers seek out new & innovative ways to produce food that is environmentally friendly, healthy, and economically viable.
Moreover, environmental concerns & limited natural resources have led to a growing emphasis on sustainable farming practices around the world. Agriculture technology offers solutions for resource management, water conservation, soil health monitoring, and precision application of fertilizers & pesticides. These technologies enable farmers to minimize the environmental impact of agriculture while maintaining productivity.
Hence, the market would experience considerable growth in the forthcoming years, owing to the soaring global population & emphasis on sustainable farming practices driven by environmental concerns & limited natural resources.
Agriculture Technology-as-a-Service Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Service Type
- Software-as-a-Service- Market size & Forecast 2018-2028, USD Million
- Equipment-as-a-Service- Market size & Forecast 2018-2028, USD Million
Equipment-as-a-service is expected to grow at a faster pace in the forthcoming years in the global market, as equipment companies are launching new products on a subscription model globally. This technique helps the farmers to reduce their fixed cost of purchasing machinery when it could be run at minimal operational cost.
By Technology
- Data Analytics & Intelligence- Market size & Forecast 2018-2028, USD Million
- Guidance Technology- Market size & Forecast 2018-2028, USD Million
- Sensing Technology- Market size & Forecast 2018-2028, USD Million
- Variable Rate Application Technology- Market size & Forecast 2018-2028, USD Million
- Others- Market size & Forecast 2018-2028, USD Million
Data Analytics & Intelligence acquired the highest market share in the overall Global Agriculture Technology-as-a-Service Market during the historical period, owing to the rising demand for advanced data-driven insights & decision-making capabilities in the agriculture industry.
By Application
- Yield Mapping & Monitoring- Market size & Forecast 2018-2028, USD Million
- Soil Management- Market size & Forecast 2018-2028, USD Million
- Crop Health Management- Market size & Forecast 2018-2028, USD Million
- Navigation & Positioning- Market size & Forecast 2018-2028, USD Million
- Others- Market size & Forecast 2018-2028, USD Million
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia Pacific.
North America held a prominent market share since the historical period. In part, the growth can be credited to the inclination to integrate advanced technology in farmlands, such as control systems & automation, and to smart farming, which is gaining acceptance at a faster rate. Besides, the considerable increase in farm sizes & the rise in food demand from limited arable land are the factors expected to ensure the future growth of the Agricultural Technology-as-a-Service Market. The region has been known for its high-tech farms with notable yields.
As indicated in the latest market research report published by Markntel Advisors, “Agriculture Technology-as-a-Service Research Report: Forecast (2023-2028)”, this report offers a detailed analysis of the industry, featuring insights into the Agriculture Technology-as-a-Service industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/global-agriculture-technology-service-market.html
Top Companies Operating in the Agriculture Technology-as-a-Service Market:
- AGCO Corporation
- CLAAS Group
- CNH Industrial NV
- Deere & Company
- Kubota Corporation
- Yanmar Co. Ltd
- 365FarmNet GmBH
- Agrivi
- CropIn Technology Solutions Pvt Ltd
- Fujitsu Ltd
- IBM Corporation
- Microsoft Corporation
- Robert Bosch GmBH
- Trimble Inc
- Parrot SA
- Pixhawk
- Precision Hawk
- Harvest Automation Inc.
- Naio Technologies
- Small Robot Company
- Others Potential Players.
*Reports Delivery Format – Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*
Other Report:
- Urban Air Mobility Market size was valued at USD98Billion in 2022 and is projected to grow at a CAGR of around 36.98% during the forecast period 2023-2028.
- In-flight Catering Services Market size was valued at around USD 22Billion in 2024 and is projected to reach around USD 34 Billion by 2030 along with a CAGR of 9.12%.
Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & Agriculture Technology-as-a-Service Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
About Us –
We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Contact Us –
Call + +1 628 895 8081, +91 120 4278433
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
Leave a Reply