The latest market intelligence report, titled ‘Global "https://www.emergenresearch.com/industry-report/agriculture-technology-as-a-service-market">Agriculture Technology as a Service Market’, is intended to provide the target audience with the necessary information about the global Agriculture Technology as a Service industries. The report comprises a detailed analysis of the vital elements of the Agriculture Technology as a Service market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects. The report entails an organized database of the Agriculture Technology as a Service market dynamics that helps market analysts estimate the global market growth rate over the projected timeline. Therefore, the report, published by Emergen Research, is a detail-oriented compilation of the crucial aspects of the Agriculture Technology as a Service market, including the key players’ product offerings, the wide application range of these products, the major market segments, leading market contenders, their company profiles, pricing strategies, production capacities, revenue generation schemes, technological advancements, and many others.
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. The report also offers an initial and future impact assessment of the pandemic on the Agriculture Technology as a Service industry.
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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The global Agriculture Technology as a Service market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East Africa. It evaluates the presence of the global Agriculture Technology as a Service market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.
Leading companies 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
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