Increasing government initiatives to educate farmers, adoption of agriculture analytics to improve crop yield and to deal with unpredictable climate changes and environmental factors are some of the major factors that drive the Agriculture Analytics Market. In addition, increasing adoption of agriculture analytics due to the rise in demand for food globally and the need to improve productivity from farms, fuels the growth of the market.
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The agriculture analytics market is segmented on the basis of component, deployment mode, farm size, application, and region. In terms of component, it is bifurcated into solution and services. By deployment mode, it is divided into on-premise and cloud. As per farm size, the market is segmented into large farms and small & medium farms. On the basis of application, it is segmented into yield monitoring, field mapping, crop scouting, weather tracking & forecasting, irrigation management, inventory management, and farm labour management.
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Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Current and future agriculture analytics trends are outlined to determine the overall attractiveness of the agriculture analytics market. The key players profiled in the agriculture analytics market analysis IBM Corporation, Oracle Corporation, SAP SE, Blue River Technology Inc., Monsanto Company, Trimble Inc., DeLaval Inc., Iteris Inc., AgEagle Aerial Systems Inc., and Raven Industries Inc. These market players have implemented a number of strategies including partnership, expansion, collaboration, joint ventures, and others to heighten their status in the industry.
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KEY BENEFITS FOR STAKEHOLDERS
- The study provides an in-depth analysis of the global agriculture analytics market along with the current trends and future estimations to elucidate the imminent investment pockets.
- Information about the key drivers, restraints, and opportunities and their impact analysis on the market size is provided.
- Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the industry.
- The quantitative analysis of the agriculture analytics market growth is provided to determine the market potential.
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Lastly, this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
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