The new report titled ‘Global Agriculture Technology as a Service Market’, published by Emergen Research, is methodically curated by our team of analysts, keeping readers’ understanding in mind, and includes a wide-ranging database of industry distribution. The report takes a closer look at the historical and current market scenarios to accurately predict the global Agriculture Technology as a Service market outlook over the forecast duration (2019-2028). Researchers have taken a holistic approach towards the global market analysis and highlighted the factors that influence the overall growth of the market.
The report size is expected to reach USD 4.93 Billion in 2028 and register a steady CAGR over the forecast period. Steady market revenue growth can be attributed to rising need to increase global food production owing to rapid growth in global population. Manufacturers turned service providers are offering affordable agriculture technologies as services to small farmers, which is helping them to enhance productivity and farming efficiency.
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Growing preference towards drone farming, smart livestock monitoring, autonomous-farming machinery, and smart-building and -equipment management are other key factors boosting demand for services related to agriculture technologies. Increasing utilization of smart crop monitoring solutions, which aims at optimizing resource usage and crop growth through real-time, precises and location-dependent adjustments are driving growth of the agriculture technology as a service market.
Some major companies in the market report include Trimble Inc., Deere Company, AGCO Corporation, IBM Corporation, Accenture plc, Airbus S.A.S., ATT Inc., Raven Industries, Inc., Topcon Corporation, and SGS S.A.
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Emergen Research has segmented the global Agriculture Technology as a Service market on the basis of service type, technology, application, and region:
Service Type Outlook (Revenue, USD Billion; 2018–2028)
Equipment-as-a-Service (EaaS)
Software-as-a-Service (SaaS)
Technology Outlook (Revenue, USD Billion; 2018–2028)
Guidance Technology
Data Analytics and Intelligence
Variable Rate Application Technology
Sensing Technology
Others
Application Outlook (Revenue, USD Billion; 2018–2028)
Soil Management
Navigation and Positioning
Yield Mapping and Monitoring
Crop Health Management
Others
Regional Analysis:
The report further examines the market in the key regions of the world with regard to production and consumption patterns, import/export, supply and demand ratio, revenue generation, market share and size, and presence of prominent players in the regions. The report also covers the expansion plans undertaken by companies in the regions under the regional analysis section.
Key regions in the market include:
North America
U.S.
Canada
Europe
U.K.
Italy
Germany
France
Rest of EU
Asia Pacific
India
Japan
China
South Korea
Australia
Rest of APAC
Latin America
Chile
Brazil
Argentina
Rest of Latin America
Middle East Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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Radical Features of the Agriculture Technology as a Service Market Report:
The report encompasses Agriculture Technology as a Service market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements
An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently
Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies
Supply chain analysis along with technological advancements offered in the report
The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Agriculture Technology as a Service industry
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