Agriculture Technology As a Service Market Size, Revenue Analysis, Industry Outlook, Forecast, 2021-2028

Rising need to increase global food production owing to rapidly increasing global population is a key factor driving market growth

The Global Agriculture Technology as a Service Market research report added by Emergen Research is an extensive study of the industry and includes a study of several factors that impact the growth of the market. The report is formulated by taking into consideration the government policies, market landscape, technologies, market risks, opportunities, and challenges faced by the market. The report further analyzes historical data, current and future market trends, recent technological developments, key competitors, and regional bifurcation.

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.

The latest research report serves as a perfect example of the precise analysis of the global Agriculture Technology as a Service market. It includes the ToC, list of tables and figures, research methodology, geographic segmentation, competitive landscape, future developments, and technological innovation. Moreover, the report offers the latest coverage of the massive impact of the COVID-19 pandemic on the worldwide Agriculture Technology as a Service industry. The globally-disrupting incidence has impacted nearly every aspect of this business domain. However, the latest study expounds on the present market scenario and forecasts the pandemic’s aftermath, with respect to this industry. Furthermore, the major aspects of the market have been discussed in the report, with expert opinions on the current status of the market.

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Global Agriculture Technology as a Service Market Report – Table of Contents:

  • Chapter 1 includes the global Agriculture Technology as a Service market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
  • Chapter 2 broadly categorizes the Agriculture Technology as a Service market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
  • Chapter 3 elaborates on the competitive outlook of the Agriculture Technology as a Service market, focusing on the major manufacturers and vendor landscape.
  • Chapter 4 exhaustively studies the key manufacturers of the Agriculture Technology as a Service industry, along with their anticipated sales and revenue shares.
  • Chapters 5 includes market segmentation based on product type, application range, and market players.

Leading Players Analyzed in the Report are:

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.

Key manufacturers and vendors are profiled extensively, including their product portfolios, production capacity, gross margins, revenues, and costing. The report also includes SWOT analysis, Porter’s Five Forces analysis, feasibility analysis, and investment return analysis. The report also provides profiles of key competitive players and their strategies and operating procedures. The report further provides insights into the opportunities and threats that the industry may witness in the upcoming years, throughout the forecast period.

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Regional Segmentation:

Based on the geographical spread, the Agriculture Technology as a Service industry is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East Africa. The regional analysis of the Agriculture Technology as a Service market provides an insight into the regions expected to hold the largest share in the market. Additionally, the report provides valuable data about distribution, production, consumption patterns, export/import, and demand and supply ratio.

Along with these details, the report also covers the segmentation of the market based on types, applications, end-user industry, and others. The report includes profitability, gross margins, global demand, sales volume, and growth prospects of each market segment.

  • 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

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