Stratistics MRC’s Global Agriculture Analytics Market value is expected to reach $3.74 billion growing at a CAGR of 15.1% during 2023-2030.
Market intelligence, economic analysis, statistical consultancy, and scientific research goods that are suitable, precise, timely, and simple to understand are provided to recipients by agricultural analytics. Receivers of agricultural analytics services benefit from increased business efficiency, better understanding of the current commodity market environment, evaluation of new marketing opportunities, improved logistics and science-based operations, risk management, and the ability to develop creative solutions to complex marketing and production issues. More advanced agricultural monitoring systems are being developed with the use of data science.
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Europe is projected to have the highest CAGR over the forecast period, owing to the region’s dense concentration of suppliers for artificial intelligence, cloud computing, data analytics, big data, and other technologies. As a consequence of the increasing use of cutting-edge technology and the accessibility of vast amounts of data, farmers and agribusinesses are employing analytics to get deep knowledge about their operations and make informed decisions. The demand for fresh, high-quality food is rising, which is motivating the farming industry to use agriculture analytics. The market for agriculture analytics in this region is growing as a consequence of the widespread use of digital technologies, quick expansion of infrastructure, and need for data-driven solutions are driving the growth of the market in this region.
Some of the key players profiled in the Agriculture Analytics Market include Ageagle Aerial Systems Inc, Agribotix, Agrivi, Bayer AG, Conservis Corporation, Deere & Company, Farmers Edge, Gro Intelligence, IBM Corporation, Iteris Inc, Monsanto, Oracle, PrecisionHawk, Inc., SAP SE, SAS Institute Inc., Taranis, Trimble Inc. and Vistex, Inc.
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Key Developments:
In July 2023, Bayer extends Partnership with Peking University to foster Pharmaceutical Innovation in China; the collaboration will focus on selected key areas of interests, such as oncology, cardiorenal, immunology, as well as cell and gene therapy.
In May 2023, AgEagle Announces Compliance with NYSE Guidelines on Audit Opinion Disclosure, This announcement is being made solely to comply with the New York Stock Exchange’s Company Guide Sections 401(h) and 610(b), which require separate disclosure of receipt of an audit opinion that contains a going concern qualification.
In May 2023, AgEagle Releases “RedEdge-P dual” High Resolution Drone Sensor, the new RedEdge-P™ dual high resolution and RGB composite drone sensor, representing yet another AgEagle technological advancement in aerial imaging cameras.
What our report offers:
– Market share assessments for the regional and country-level segments
– Strategic recommendations for the new entrants
– Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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