The research report titled “Agriculture Analytics Market by Component (Solutions, Services), Application (Farm, Livestock, Aquaculture, and Others), Deployment (Cloud, On-premise), Farm Size (Small and Medium-sized Farms, Large Farms), and Region – Global Forecast to 2027” provides an in-depth analysis of agriculture analytics market in five major geographies and emphasizes on the current market trends, market size, market share, recent developments, and forecast till 2027. The agriculture analytics market is expected to reach $2.27 billion by 2027, growing at a CAGR of 17.5% during the forecast period of 2020 to 2027. The growth of this market is mainly attributed to the rising adoption of advanced analytics, data-driven decision-making techniques, and growing digitalization in the agriculture industry.

The study offers a comprehensive analysis of the agriculture analytics market for component, deployment, application, farm size, and geography. The agriculture analytics market is classified by component (solutions and services), application (farm analytics, livestock analytics, aquaculture analytics, and others), deployment (cloud and on-premise), farm size (small and medium-sized farms and large farms), and region. The study also evaluates industry competitors and analyses the market at a country level.

In 2020, based on component, the solutions segment is expected to account for the largest share of the agriculture analytics market. The large share of this segment is mainly attributed to the growing demand for high-quality food products that enable farmers to solve modern analytics techniques and approach traditional problems in modern ways.

In 2020, based on deployment type, the cloud segment is expected to dominate the market. The large share is primarily attributed to the wide use of cloud computing across the agriculture industry for developing various solutions hosted on cloud platforms.

In 2020, based on application, the farm analytics segment is poised to account for the largest share of the agriculture analytics market. The growth of this segment is primarily accredited to the growing traction of farmers on precision agriculture to use modern technology for numerous agricultural applications. Besides, the livestock analytics segment is projected to witness a high growth rate in the coming years.

In 2020, based on farm size, the large-size farms segment is expected to account for the largest share of the agriculture analytics market. The growing spending capacity of owners of large farms on technology upgradations and the urge to establish a competitive edge in the agriculture industry are factors driving this segment.

The market is geographically segmented into five major geographies: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. In 2020, North America is projected to command the largest share of the agriculture analytics market. However, Asia-Pacific is expected to witness rapid growth during the forecast period. This can be attributed to the increasing adoption of data analytics solutions across various agricultural countries such as China, India, South East Asia, and Japan.

The key players profiled in the agriculture analytics market are Accenture plc (Ireland), Agribotix LLC (U.S.), Agrivi (U.K.), aWhere, Inc. (U.S.), Conservis Corporation (U.S.), Deere & Company (U.S.), DeLaval Inc. (Switzerland), DTN (U.S.), Farmer’s Business Network, Inc. (U.S.), Farmers Edge Inc. (Canada), Geosys, Inc. (U.S.), Granular, Inc. (U.S.), Gro Intelligence, Inc. (U.S.), IBM Corporation (U.S.), Iteris Inc. (U.S.), Monsanto Company (U.S.), Oracle Corporation (U.S.), PrecisionHawk Inc. (U.S.), SAP (Germany), and Trimble Inc. (U.S.), among others.

Key questions answered in the report-

  • Which are the high growth market segments in terms of the component, deployment, application, farm-size, and countries?
  • What is the historical market for agriculture analytics across the globe?
  • What are the market forecasts and estimates from the period of 2019-2027?
  • Who are the major players in various countries, and what share of the market do they hold?
  • What are the recent developments in the agriculture analytics market?
  • What are the different strategies adopted by the major players in the agriculture analytics market?
  • What are the geographical trends and high growth countries?
  • Who are the local emerging players in the agriculture analytics market, and how do they compete with the other players?

Scope of the report
Agriculture Analytics Market, By Component

  • Solutions
  • Services

o Managed Services
o Professional Services

  • Integration and implementation
  • Support and Maintenance
  • Consulting
  • Training and Education

Agriculture Analytics Market, By Application

  • Farm Analytics

o Planning

  • Field Mapping
  • Crop Scouting
  • Weather Data Analytics
  •  Soil Moisture Analysis

o Farm Production

  • Irrigation and Water Management
  • Fertilizer Management
  • Crop Growth and Health
  • Farm Labor Management

o Post-harvest activities

Market Access
  • Livestock Analytics

o Feeding Management
o Heat Stress & Fertility Management
o Milk Harvesting
o Behavior Monitoring and Management
o Others

  • Aquaculture Analytics

o Fish Tracking and Fleet Navigation
o Feed Management
o Water Quality Management
o Others

  • Others

Agriculture Analytics Market, By Deployment Type

  • Cloud
  • On-premises

Agriculture Analytics Market, By Farm Size

  • Small & Medium-sized Farms
  • Large-sized Farms

Agriculture Analytics Market, By Region

  • North America

o U.S.

o Canada

  • Europe

o Germany
o U.K.

o France
o Italy
o Spain
o Rest of Europe

  • Asia-Pacific

o Japan
o China
o India
o South Korea
o Rest of Asia-Pacific

  • Latin America
  • Middle East and Africa

o South Africa
o Rest of MEA