Emergen Research’s latest document, titled ‘Global Agriculture Technology as a Service Market - Forecast to 2028,’ is one of the most sought-after market reports involving an in-depth analysis of the global Agriculture Technology as a Service market. The report’s authors have offered necessary details on the latest Agriculture Technology as a Service market trends and the crucial parameters impacting both short-term and long-term market growth. Its panoramic view of the Agriculture Technology as a Service industry entails useful insights into the estimated Agriculture Technology as a Service market size, revenue share, and sales distribution networks. Such helpful market insights are bound to help readers outline this industry’s key outcome in the near future. Those are further intended to assist businesses involved in this sector in sound decision-making and formulating lucrative business plans. The primary addressees of this report include some of the globally renowned venture capitalists. The report offers these individuals a vivid description of the competitive spectrum of the global Agriculture Technology as a Service market. The coronavirus outbreak has led to drastic changes in the current Agriculture Technology as a Service business landscape, limiting the growth opportunities for various manufacturers and buyers for the next few years. The report eventually offers conclusive data related to the Agriculture Technology as a Service market growth assessed on both regional and global levels.
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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One of the report’s central components is the broad Agriculture Technology as a Service market segmentation that includes the product type gamut, application spectrum, end-user industry landscape, significant geographical regions, and the top market contenders. The report contains unbiased industry expert opinions on the current market scenario, past market performance, production consumption rates, demand supply ratio, and revenue generation forecasts over the estimated period. The key players’ financial positions, along with their gross profits, sales volumes, sales revenue, manufacturing costs, and other financial ratios, have been accurately gauged in the report. Furthermore, several analytical tools like investment assessment, SWOT analysis, and Porter’s Five Forces Analysis have been implemented by our analysts’ team to evaluate the production and distribution capacities of the Agriculture Technology as a Service market players.
Key geographical areas:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East Africa
Leading Players Profiled in the Report:
Trimble Inc., Deere Company, AGCO Corporation, IBM Corporation, Accenture plc, Airbus S.A.S., ATT Inc., Raven Industries, Inc., Topcon Corporation, and SGS S.A.
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This report is the latest document encompassing the massive changes that took place in the Agriculture Technology as a Service market following the emergence. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the Agriculture Technology as a Service market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment.
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
Key questions addressed in the report:
- What are the key factors driving the global Agriculture Technology as a Service market?
- Who are the key manufacturers in this market space?
- Who are the distributors, traders and dealers of this market?
- What are the market opportunities and risks affecting the performance of the vendors in the global Agriculture Technology as a Service market?
- What are the sales and revenue estimations for the top manufacturers in this market over the projected timeline?
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