The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Agriculture Technology-as-a-Service Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.
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Agriculture Technology-as-a-Service Industry Analytical Overview (2023-2028): Drivers, Opportunities, Challenges, and Trends,
According to the latest report, 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, The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data. These include the widespread segmentation, geography, and recent developments, entailing information on the fluctuation in the demand, sales, revenue, and other parameters experienced and expected in the industry for the forecasting year i.e. 2023 to 2028.
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What is Included in Agriculture Technology-as-a-Service Market Segmentation?
The report has segmented the market 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
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. This segment offers farmers & agricultural businesses access to powerful data analytics tools & intelligence platforms specifically designed for the agricultural sector.
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
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Key Factor Driver Agriculture Technology-as-a-Service Industry Growth by 2028
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.
Who are the Key Players Operating in the Agriculture Technology-as-a-Service Industry?
The top companies of the Agriculture Technology-as-a-Service market ruling the industry are:
- 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
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FAQs (Frequently Ask Questions)
- What are the industry’s overall statistics or estimates including CARG and USD Value of the forecasting years?
- What are the trends influencing the current scenario of the Agriculture Technology-as-a-Service Market?
- What are the key factors that would propel and hinder the industry?
- Which geographical area dominates the Agriculture Technology-as-a-Service industry?
- Which is the Leading segment in the market?
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