Agriculture Analytics Market To Reach USD 25.50 Billion By 2034, Growing At A 14.5% CAGR From 20252034
Agriculture Analytics Market
Progressions in technology worldwide are a prominent factor driving the agriculture analytics market.
There is an assistance to stakeholders to render data propelled decisions to confront provocations such as climate change and pest control.” - Polaris market ResearchNEW YORK CITY, NY, UNITED STATES, January 20, 2025 /EINPresswire / -- Agriculture Analytics MarketThe agriculture analytics market forecast for 2034 is a specialized study of the industry with a specific concentration on the global market trend analysis.
According to Polaris Market Research's study, the agriculture analytics market is expected to grow at a CAGR of 14.5% over the estimated period. The market value is expected to grow from USD 6.63 billion in 2024 to USD 25.50 billion by 2034.
What is Agriculture Analytics?
Conventionally, farming depended on instinct and experience. Now days a torrent of data from satellites, sensors, and farm machinery provides a contemporary viewpoint. The data shoulders the power to transfigure agriculture from maximizing resource usage to forecasting crop yields.
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By capitalizing on the power of big data analytics, one can analyze the massive treasure of information, exhibiting formerly incredible perspectives and charting a course for a greener, productive, and successful agricultural future. The growing requirement for sustainable farming solutions is impacting the agriculture analytics market growth favorably.
Who Makes Agriculture Analytics?
The aggressive topography of the industry contains global spearheads and regional contenders focusing on acquiring market share through technological inventions, tactical alliances, and regional expansion. Here are some of the leading players in the agriculture analytics market:
.Deere & Company
.IBM
.Bayer AG
.SAP
.Trimble Inc.
.Accenture
.Oracle
.Farmers Edge Inc.
Some of the latest developments in the market are:
.In March 2024, Bayer instigated a pilot for the GenAI system that helps farmers and reinforces agronomists in their everyday chores. This system is instructed utilizing Bayer's exclusive agronomic data, which involves perspectives from years of trials, internal discoveries, and proficiency gathered by Bayer agronomists worldwide.
.In May 2024, EarthDaily Agro, an ancillary of EarthDaily Analytics, collaborated with Norwegian ag-tech startup DigiFarm. This association combines EarthDaily Agro's competence in Earth viewing analytics with DigiFarm's AI-dependent solutions for precisely elucidating possession frontiers.
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What's Driving Market Forward?
Technological Progressions:The market is expanding due to the progression in technology and the growing requirement for green farming solutions. It combines AI, ML, IoT, and big data analytics to offer practical perspectives for maximizing crop yields, water usage, and insect pest regulation.
Escalating Complexity of Farms:The escalating size and intricacy of farms are propelling the market as they generate a more progressive solution to handle extensive operations. Farmers encounter provocations connected to resource maximization, crop observation, and yield forecasting as farms proliferate. This, in turn, is having a favorable impact on agriculture analytics market sales.
Optimum Resource Utilization:The growing requirement for maximum resource usage in agriculture is propelled by the growing demand for food because of population growth, restricted arable land, and the stress of climate change.
Which Region Leads Market Growth?
North America: North America accounted for the largest agriculture analytics market share. The region's robust growth is primarily due to farmers and agribusinesses growingly accepting data propelled viewpoints to maximize their operations.
Asia Pacific: Asia Pacific is anticipated to witness significant growth from 2025 to 2034. This can be attributed to the speedy acquisition of progressive farming technologies pushed by growing agricultural demands and population growth.
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How Is Market Segmentation Done?
By Offering Outlook
.Solutions
.Services
By Agriculture Type Outlook
.Precision Farming
.Livestock Farming
.Aquaculture Farming
.Vertical Farming
.Others (Organic and Conventional farming)
By Farm Size Outlook
.Large Farms
.Small and Medium-Sized Farms
By Technology Outlook
.Remote Sensing and Satellite Imagery
.Geographic Information System
.Robotics and Automation
.Big Data and Cloud Computing
.Visualization and Reporting
.Blockchain Technology
.Others (Mobile Applications, Internet of Things (IoT), and Machine Learning and AI)
By End Users Outlook
.Farmers
.Agronomists
.Agribusinesses
.Agricultural Researchers
.Government Agencies
.Others (Insurance Assessors, Drone Services, Consumers, and Consumer Organizations)
By Regional Outlook
.North America
oUS
oCanada
.Europe
oGermany
oFrance
oUK
oItaly
oSpain
oNetherlands
oRussia
oRest of Europe
.Asia Pacific
oChina
oJapan
oIndia
oMalaysia
oSouth Korea
oIndonesia
oAustralia
oVietnam
oRest of Asia Pacific
.Middle East & Africa
oSaudi Arabia
oUAE
oIsrael
oSouth Africa
oRest of the Middle East & Africa
.Latin America
oMexico
oBrazil
oArgentina
oRest of Latin America
FAQs:
How much is the agriculture analytics market outlook?
The market size was valued at USD 6.63 billion in 2024 and is projected to grow to USD 25.50 billion by 2034.
What does the agriculture analytics market cover?
The market report covers revenue forecast, market competitive landscape, growth factors, and industry trends.
Which segment by end user dominated the market in 2024?
The farmers segment dominated the agriculture analytics market in 2024.
What is the growth rate of the market?
The global market is projected to register a CAGR of 14.5% during the forecast period.
Browse PMR's Agriculture Analytics Market Report Coverage from Different Publications:
Agriculture Analytics Market Growth Accelerates: 14.5% CAGR Targets US$ 25.50 Billion by 2034
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About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
Likhil G
Polaris Market Research and Consulting
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