Agriculture Analytics Market Growth, Size, Share, Trends, and Forecast 2032

Agriculture Analytics Market

Agriculture Analytics Market By Deployment model (on-premise and cloud modes), By Farm size (farms and small & medium-sized farms), By Component (services and solutions), By Application (aquaculture analytics, livestock analytics, farm analytics, and others) And By Region: - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts, 2024-2032

Category: Energy & Mining Report Format : PDF Report Code: ZMR-6411 Status : Upcoming
Market Size in 2023 Market Forecast in 2032 Growth Rate (in %) Base Year
USD 1,110.70 Million USD 3,231.80 Million CAGR at 12.60% 2023

Description

According to the report published by Zion Market Research, the global Agriculture Analytics Market size was valued at USD 1,110.70 Million in 2023 and is predicted to reach USD 3,231.80 Million by the end of 2032. The market is expected to grow with a CAGR of 12.60% during the forecast period. The report analyzes the global Agriculture Analytics Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Agriculture Analytics Market industry.

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Global Agriculture Analytics Market: Overview

The inclusion of analytics in the agriculture and farming sector helps farmers to analyze real-time information regarding crop, weather, moisture, soil, and many more. It also helps in framing the organized plan for production and post-harvesting operations. Moreover, the application of big data analytics helps farmers to discover the untapped avenues of agriculture by optimizing their farming performance according to the events, weather, or disease outbreaks. The implementation of big data analytics in the agriculture sector effectively leads to precision farming which will help farmers to save time and resources along with improving the crop yield. Analytics in the farming sector facilitates actionable data and reports on farming after gathering a number of images of field crops and also with the use of sensors to minimize the food-borne illness and crop spoilage.

Global Agriculture Analytics Market: Growth Factors

The growing concentration on increasing profitability from agribusiness is fueling the growth of the global market for effective analysis and effective decision-making processes regarding farm-related issues. Several factors like soil, condition, fertilizers, application, weather parameter, and seed type affect the crop yield. Also, it makes the identification of ideal products complex for boosting productivity. Hence, the adoption of agriculture analytics has become vital in order to stimulate crop production and enhance yield. Moreover, the growing requirement for livestock management increases the pressure on farmers which in turn further encourages the adoption of agriculture analytics globally. Agriculture analytics helps in eliminating the risk of mismanagement and surging requirements for tracking livestock. Smart agriculture is a vital part of agricultural analytics that is considered to be a breakthrough application of science and technology in farming agriculture.

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Global Agriculture Analytics Market: Segmentation

The global market can be segmented into deployment model, farm size, component, application, and regional.

By deployment model, the market can be segmented into on-premise and cloud modes.

By farm size, the market can be segmented into large farms and small & medium-sized farms. The large farm segment accounts for the largest share in the global market due to the high adoption rate of agricultural analytics in large farms. Also, agriculture analytics help large farms to utilize the information for maximum output and thereby effectively manage the underlying challenges.

By component, the market can be segmented into services and solutions. The solution segment holds the largest share in the global market. The growth can be attributed to the growing requirement for agribusiness to analyze critical farm-related data for an effective decision-making process in order to boost the growth of agriculture products. The crop yield depends on several factors like fertilizer, application, soil condition, seed variety, and several others. Hence, it became very challenging for farmers to know the critical factors from huge data that are affecting their productivity.

By application, the market can be segmented into aquaculture analytics, livestock analytics, farm analytics, and others. The livestock analytic segment holds hegemony over the others. The livestock analytics area includes breed management, stress management, harvesting, field management, and behavior monitoring & management.

Agriculture Analytics Market : Report Scope

Report Attributes Report Details
Report Name Agriculture Analytics Market Research Report
Market Size in 2023 USD 1,110.70 Million
Market Forecast in 2032 USD 3,231.80 Million
Growth Rate CAGR of 12.60%
Number of Pages 196
Key Companies Covered Root AI, OneSoil, HelioPas AI, Farmers Edge Inc., AGEYE Technologies, Fasal, AgVue Technologies, Stesalit Systems, RESSON, PrecisionHawk, Proagrica, Gro Intelligence, Granular, GEOSYS, Farmers Edge, Conservis Corporation, aWhere, Agrivi, and Accenture Plc
Segments Covered By Deployment model, By Farm size, By Component, By Application and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Agriculture Analytics Market: Regional analysis

North America accounts for the largest share in the global market due to the growing investment in digital agriculture techniques along with the increasing applications of cloud-based solutions among farmers in the region. Also, the growing government initiatives for digitizing agricultural practices are further likely to escalate the growth of the regional market in the forthcoming years.

Asia Pacific is anticipated to witness a steady growth rate in forthcoming years due to the growing awareness among farmers regarding the benefits of agriculture analytics in farming.

Global Agriculture Analytics Market: Competitive Players

Some of the significant players in the global agriculture analytics market are:

  • Root AI
  • OneSoil
  • HelioPas AI
  • Farmers Edge Inc.
  • AGEYE Technologies
  • Fasal
  • AgVue Technologies
  • Stesalit Systems
  • RESSON
  • PrecisionHawk
  • Proagrica
  • Gro Intelligence
  • Granular
  • GEOSYS
  • Farmers Edge
  • Conservis Corporation
  • aWhere
  • Agrivi
  • Accenture Plc.

The Global Agriculture Analytics Market is segmented as follows:

By Deployment model 

  • on-premise 
  • cloud modes

By Farm size 

  • farms and small & medium-sized farms

By Component 

  • services
  • solutions 

By Application 

  • aquaculture analytics
  • livestock analytics
  • farm analytics
  • and others

Global Agriculture Analytics Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

 

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FrequentlyAsked Questions

The growing concentration on increasing profitability from agribusiness is fueling the growth of the global market for effective analysis and effective decision making processes regarding farm-related issues. Several factors like soil, condition, fertilizers, application, weather parameter, and seed type affect the crop yield. Also, it makes the identification of ideal products complex for boosting productivity.

 

Some of the significant players in the global agriculture analytics market are Root AI, OneSoil, HelioPas AI, Farmers Edge Inc., AGEYE Technologies, Fasal, AgVue Technologies, Stesalit Systems, RESSON, PrecisionHawk, Proagrica, Gro Intelligence, Granular, GEOSYS, Farmers Edge, Conservis Corporation, aWhere, Agrivi, and Accenture Plc.

North America accounts for the largest share in the global market due to the growing investment in digital agriculture techniques along with the increasing applications of cloud-based solutions among farmers in the region. Also, the growing government initiatives for digitizing agricultural practices are further likely to escalate the growth of the regional market in the forthcoming years.

 

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