Agriculture Technology as a Service Market: A Look at the Key Applications and Technologies

The study on the global Agriculture Technology as a Service market examines both historical and recent data and provides a detailed analysis of market dynamics. The global Agriculture Technology as a Service market analyses the market environment to predict industry development for the forecast years of 2021–2028. The study focuses on emerging business elements, specialized markets, product introduction, and brand promotion in the market to help readers create effective investment plans. The study thoroughly examines the impact of the global health crisis on the market’s overall growth. The study focuses on potential opportunities for growth and difficulties that leading industry players will experience over the anticipated timeframe. The research also discusses the market development driving and restricting factors that are anticipated to affect market growth during the projected period. Some of the most crucial parts of this study that shed light on the fiercely competitive environment of the industry are the SWOT analysis and Porter’s Five Forces Analysis. The study includes a thorough analysis of the North American, European, Latin American, Asian Pacific, Middle Eastern, and African markets for Agriculture Technology as a Services. In addition to examining the factors that influence and are constrained by revenue development, production and consumption patterns, changing customer preferences, and stringent regulatory standards are also discussed in this paper.

The global Agriculture Technology as a Service market size is expected to reach USD 4.93 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. 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. 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. Farmers are adopting drone farming as it provides more frequent, cost-effective remote monitoring of large areas, and enables remote interventions to boost yield and reduce losses caused by crop pests.

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Key companies operating in the Agriculture Technology as a Service market include:

Trimble Inc., Deere & Company, AGCO Corporation, IBM Corporation, Accenture plc, Airbus S.A.S., AT&T Inc., Raven Industries, Inc., Topcon Corporation, and SGS S.A.

The report closely studies the growth trajectory of the global Agriculture Technology as a Service market. It brings to light the global dominance of the leading regional segments, including North America, Asia Pacific, Europe, Latin America, and the Middle East & Africa.

Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8-year analysis of the Global Agriculture Technology as a Service Market
• Critical understanding of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

The important global markets are further examined in the study with regard to import/export, supply and demand, revenue creation, market share and size, and the presence of significant players in the regions. The regional analysis part of the study includes a section on company expansion intentions in the various regions.

Along with details of their accomplishments and financial positions, it also provides insights into their worldwide positioning and market reach. The Global Agriculture Technology as a Service Report, a comprehensive assessment of the whole Agriculture Technology as a Service market by Emergen Research, includes a thorough analysis of product and technology advances in the Agriculture Technology as a Service market. The study offers a thorough analysis of the important aspects of the keyword market that are anticipated to favorably affect the sector’s expansion. The prominent players in the market are further examined in the research along with their company profiles, product portfolios, growth strategies, and strategic alliances including, but not limited to, mergers and acquisitions, partnerships, and joint ventures.

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The report is an investigative study of the technological developments and product advancements, along with a regional analysis for each product and application offered in the market. The fundamental objective of the report is to give an insight into the workings of the Agriculture Technology as a Service industry. It provides an accurate and strategic outlook of the market with a thorough assessment of the segments and sub-segments of the market. It provides a panoramic view of the industry to offer a deeper understanding of the global industry.

On the basis of type, the market is segmented into

• 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

Additionally, the report’s charts, tables, graphs, figures, and diagrams convey the analytical data in an orderly manner. Because of this, it is simpler for readers to understand the market situation in a useful way. In order to help the reader, make wise business decisions, the study also attempts to offer a forward-looking viewpoint and an informative conclusion. A thorough SWOT and Porter’s Five Forces analysis of the market segments expected to dominate the market, regional division, estimated market size and share, and more are included in the report’s conclusion.

Key Questions Addressed in the Report:

• Who are the leading players in the Agriculture Technology as a Service industry?
• Which region is expected to dominate the market in the coming years?
• What are the key applications of Agriculture Technology as a Service?
• Which segment is expected to garner traction during the coming years?
• What are the key strategies adopted by leading players in the market?

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