Dublin, March 03, 2022 (GLOBE NEWSWIRE) — The “Agriculture Know-how-as-a-Service Market – A International and Regional Evaluation: Concentrate on Product, Software, and Nation Evaluation and Forecast, 2020-2026” report has been added to ResearchAndMarkets.com’s providing.
The worldwide agriculture technology-as-a-service market is predicted to succeed in $3,031.1 million by 2026, with a CAGR of 24.42% through the forecast interval 2021-2026.
The expansion charge out there is due to the elevated push by governing our bodies towards agricultural automation and digitization.
Agriculture technology-as-a-service is a enterprise mannequin that enables the shoppers to acquire their desired agriculture know-how (tools or software program) as a service below totally different reasonably priced pricing fashions fairly than buying them as a one-time buy.
Two of the most well-liked pricing fashions below agriculture technology-as-a-service embrace the pay-per-use (PPU) and subscription fashions. Agriculture technology-as-a-service enterprise fashions present the growers with sure options corresponding to simple scalability and upgradation, handy accessibility, fast deployment, and dependable information backups.
Impression of COVID-19
The provision chain for almost all of the industries throughout the globe acquired impacted because of the COVID-19 pandemic, together with the agriculture technology-as-a-service business. Through the COVID-19 outbreak, the provision chain of the agriculture business was disrupted.
Through the COVID-19 pandemic, agricultural manufacturing was hindered for farmers, which led to a lower of their income technology. This has left the farmers in no place to put money into fashionable agricultural tools.
Agriculture Know-how-as-a-Service Market by Service Kind
The worldwide agriculture technology-as-a-service market within the service kind product phase is predicted to be dominated by software-as-a-service. The excessive market share and progress potential related to software-as-a-service applied sciences within the agriculture business is predicted to drive the worldwide agriculture technology-as-a-service market.
Agriculture Know-how-as-a-Service Market by Know-how
The worldwide agriculture technology-as-a-service market within the know-how product phase is predicted to be dominated by information analytics and intelligence options. Information analytic options have the power to extend agricultural manufacturing and are anticipated to drive the agriculture technology-as-a-service market.
Agriculture Know-how-as-a-Service Market by Software
The worldwide agriculture technology-as-a-service market within the software phase is predicted to be dominated by yield monitoring and mapping. The excessive market share and progress potential related to yield mapping and mapping is predicted to drive the worldwide agriculture technology-as-a-service market.
Agriculture Know-how-as-a-Service Market by Area
North America is predicted to generate the very best income in 2020. The massive market share of the area has been attributed to the elevated software of automation and management techniques in many of the nations and the rising adoption charge of sensible farming practices resulting in elevated adoption of agriculture technology-as-a-service. The North America marketplace for agriculture technology-as-a-service is predicted to witness a average progress as of CAGR 21.93% within the forecast interval.
Latest Developments in Agriculture Know-how-as-a-Service Market
- In March 2021, Syngenta introduced that it might redevelop its North American Crop Safety headquarters in Greensboro, North Carolina.
- In July 2020, DeHaat launched the franchise mannequin with a view to broaden its enterprise in Japanese India. On this mannequin, the corporate ties up with small enterprises in rural areas to acquire agricultural inputs from firms corresponding to Bayer Crop Sciences and promote it to farmers, plus procure farmer’s produce from inside a variety of 3-6 kilometers.
- In November 2019, AGCO Company expanded its Edgewood, Md meeting and distribution facility for Fendt excessive horsepower tractors and Massey Ferguson compact and utility tractors and tools.
- In April 2019, CLAAS KGaA mbH opened its new validation heart for the event of latest agricultural equipment on the Harsewinkel web site.
Key Matters Coated:
1.1 Trade Outlook
1.1.1 Pricing Fashions
188.8.131.52 Bundled Per Acre
184.108.40.206 Per Cross/Service
220.127.116.11 Share of Yield Bump/Acquire
18.104.22.168 Per Unit of Product Bought
1.1.2 Break-Even Evaluation
22.214.171.124 Elements of Break-Even Evaluation
126.96.36.199 Calculation of Break-Even Evaluation
188.8.131.52 Case Research
1.1.3 Superior Options
184.108.40.206 Agriculture Robotic-as-a-Service (ARaaS)
220.127.116.11 Agriculture Drone-as-a-Service (ADaaS)
1.1.4 Authorities Initiatives Panorama
1.2 Enterprise Dynamics
1.2.1 Enterprise Drivers
18.104.22.168 Rising Demand for International Meals Manufacturing
22.214.171.124 Enhance in Yields Drives Meals Manufacturing Development
126.96.36.199 Financial Want for Precision Agriculture
188.8.131.52 Surging Use of Trendy Applied sciences in Agriculture
184.108.40.206 Reducing Workforce in Agriculture Sector
1.2.2 Enterprise Challenges
220.127.116.11 Lack of Correct Infrastructure corresponding to Roads, Web, and Community Connectivity
18.104.22.168 Cyber and On-line Information Safety
22.214.171.124 Large Subscription Prices Act as a Problem
126.96.36.199 Reluctance to Undertake and Lack of Technical Consciousness Amongst Farmers
1.2.3 Enterprise Methods
188.8.131.52 Product Improvement
184.108.40.206 Market Improvement
1.2.4 Company Methods
220.127.116.11 Mergers and Acquisitions
18.104.22.168 Partnerships, Collaborations, and Joint Ventures
1.2.5 Enterprise Alternatives
22.214.171.124 Development in Agriculture Service Financial system
126.96.36.199 Rising Investments in Agriculture Know-how Sector
188.8.131.52 Rising Pattern of Farming-as-a-Service in India
184.108.40.206 Rising Market Alternatives in Growing Nations
220.127.116.11 Elevated Cloud Safety
2.1 International Agriculture Know-how-as-a-Service Market (by Software)
2.1.1 Yield Mapping and Monitoring
2.1.2 Soil Administration
2.1.3 Crop Well being Monitoring
2.1.4 Navigation and Positioning
2.2 Demand Evaluation of International Agriculture Know-how-as-a-Service Market (by Software)
3.1 International Agriculture Know-how-as-a-Service Market (by Product)
3.1.1 International Agriculture Know-how-as-a-Service Market (by Service Kind)
18.104.22.168 Software program-as-a-Service
3.1.2 International Agriculture Know-how-as-a-Service Market (by Know-how)
22.214.171.124 Information Analytics and Intelligence
126.96.36.199 Steering Know-how
188.8.131.52 Sensing Know-how
184.108.40.206 Variable Fee Software Know-how
3.2 Demand Evaluation of International Agriculture Know-how-as-a-Service Market (by Product)
3.2.1 Demand Evaluation of International Agriculture Know-how-as-a-Service Market (by Service Kind)
3.2.2 Demand Evaluation of International Agriculture Know-how-as-a-Service Market (by Know-how)
5 Markets – Aggressive Benchmarking & Firm Profiles
5.1 Aggressive Benchmarking
5.2 Firm Profiles
- 365FarmNet GmbH
- Accenture plc
- AGCO Company
- Agrellus, Inc.
- Airbus S.A.S
- AT&T Inc.
- Ceres Imaging Inc.
- CLAAS Group
- CNH Industrial N.V.
- Cropln Know-how Options Pvt.Ltd.
- Deere & Firm
- Fujitsu Restricted
- Harvest Automation Inc.
- Hexagon Agriculture
- IBM Company
- Intertek Group plc
- Kubota Company
- Microsoft Company
- Naio Applied sciences
- Nutrien AgSolutions, Inc.
- Parrot SA
- Precision Hawk Inc.
- Raven Industries Inc.
- Robert Bosch GmbH
- SGS S.A.
- Small Robotic Firm
- Syngenta AG
- SZ DJI Know-how Co. Ltd
- Teejet Applied sciences
- Topcon Company
- Trimble Inc.
- Yanmar Co. Ltd.
For extra details about this report go to https://www.researchandmarkets.com/r/ap4h3n
- Agriculture Know-how-as-a-Service Market