Agriculture analytics market is anticipated to grow at a significant CAGR of 12.2% during the forecast period (2024-2031). Pivotal factors such as the rising precision agriculture adoption and increasing demand for yield optimization, technological advancements and the emergence of new farm management software in emerging economies such as US, China, and India are driving the global market growth. Farmland owners are increasingly inclined to use analytics tools that help them optimize agriculture operations, such as crop growth monitoring, weather data analytics, land preparation, and more, resulting in driving the growth of the market. The market players are introducing agriculture analytics solutions that further bolster the market growth.
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Increasing adoption of farm management software that streamlines operations, manages resources efficiently and analyzes data for better decision-making processes. Farmers maximize the utilization of machinery and equipment with the help of agriculture analytics tools. Farmers increase machinery utilization and decrease downtime by evaluating data on equipment performance, fuel consumption, and operational efficiency. Through informed decision-making about equipment upkeep, modifications, and replacement, farmers can save expenses and increase overall farm output.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Agriculture Analytics Market by Type
- Farm Analytic
- Livestock Analytic
Global Agriculture Analytics Market by Offering
- Solution
- Services
Global Agriculture Analytics Market by Technology
- Visualization and Reporting
- Robotics and Automation
- Big Data and Cloud Computing
- Others (Mobile Applications, Internet of Things (IoT) and Machine Learning and Al)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- Farmers Edge Inc.
- SAP SE
- Climate LLC
- PrecisionHawk, Inc.
- Corteva Agriscience
- Nutrien Ag Solutions, Inc.
- A.A Taranis Visual Ltd.
- AgJunction LLC
- Raven Industries, Inc.
- AgroCares
- Cropin Technology Solutions Pvt Ltd.
- SAS Institute Inc.
- Agremo Ltd.
- TraceX Technologies Pvt Ltd.
- Dawex Systems
- FarmagainAgro Pvt Ltd.
- Wipro Ltd.
- Conservis LLC
- Geosys Holdings ULC
- Xylem Inc.
- Gro Intelligence, Inc.
The Report Covers
- Market value data analysis of 2023 and forecast to 2031.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global agriculture analytics market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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