The global agriculture analytics market size is expected to reach USD 2,041.6 Million in 2028. The Agriculture Analytics Market Report gives a complete coverage of the strategic alliances along with mergers and acquisitions, joint ventures, collaborations, product launches, brand promotions, and partnerships, amongst others. Key strategic alliances for product improvement and advancements is predicted to feature traction to market increase going ahead. The report additionally covers an in-depth analysis of the important thing competition of the market along with their increase techniques and business expansion plans.

Steady market revenue growth can be attributed to increasing adoption of advanced technologies such as Internet of Things (IoT), Big Data, and other analytics tool in the agriculture sector to improve crop yield and enhance work efficiency. Farmers are increasingly utilizing big data analytics to become more competitive and productive, which is boosting revenue growth of the agriculture analytics market. Rising need to improve crop management is resulting in increasing demand for agriculture data analysis. 

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Further key findings from the report suggest

• In November 2020, John Deere announced the acquisition of Harvest Profit, which is a leading provider of farm profitability software based in Fargo, North Dakota, US. Harvest Profit software is expected to help customers of John Deere with a forward-looking financial lens and enhanced visibility into the profitability of their farms and the insights provided by the software would help them to make better decisions regarding management of operations.
• Solution segment accounted for largest revenue share in 2020. Rising need for more accurate crop forecasting and yields is driving demand for agriculture analytics solutions.
• Large farms segment revenue is expected to expand at a rapid CAGR during the forecast period. Large farms are increasingly adopting big data IoT sensors in order to monitor farms and get information regarding tractor availability, service due dates, and fuel refill alerts.
• On-premises segment accounted for a significantly large revenue share in the agriculture analytics market in 2020. Rising concerns regarding data security among large farms is driving demand for on-premises agriculture analytics solution.

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Report Objective:

The report offers a complete analysis of the global Agriculture Analytics market with details about each market player including company profile, financial standing, global position, revenue contribution, production and manufacturing capacity, business expansion plans, and new product launches. Key players are strategizing various plans such as M&A acquisition, partnerships, joint ventures, license agreement and collaborations. Deere & Company, IBM, Bayer AG, SAP SE, Trimble, Accenture, DeLaval, Iteris, Inc., Oracle, and AGRIVI. and others are some of the top companies profiled in the report.

The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region, and robust presence of key players in the region.

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Emergen Research has segmented the global agriculture analytics market on the basis of component, farm size, deployment modes, application, and region:

Component Outlook (Revenue, USD Million; 2018–2028)

• Services
• Solution

Farm Size Outlook (Revenue, USD Million; 2018–2028)

• Small and Medium Farms
• Large Farms

Deployment Modes Outlook (Revenue, USD Million; 2018–2028)

• On-premises
• Cloud

Application Outlook (Revenue, USD Million; 2018–2028)

• Livestock Analytics
• Farm Analytics
• Aquaculture Analytics
• Others

Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report addresses the following key points:

• The report provides a forecast of market drivers, restraints, and future opportunities for the Agriculture Analytics market
• The report further analyses the changing market dynamics
• Regional analysis and segmentation of the market with analysis of the regions and segments expected to dominate the market growth
• Extensive competitive landscape mapping with profiles of the key competitors
• In-depth analysis of business strategies and collaborations such as mergers and acquisitions adopted by the key companies
• Revenue forecast, country scope, application insights, and product insights

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