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Agriculture Analytics Market Analysis and Forecast to 2033: COVID-19 and Post-COVID Impact, Opportunities and Trends

09-24-2024 07:38 AM CET | IT, New Media & Software

Press release from: Evolve Business Intelligence

Evolve Business Intelligence

Evolve Business Intelligence

The Agriculture Analytics Market is poised for significant growth, with a market size projected to reach US$ 5.34 billion in 2023 and a compound annual growth rate (CAGR) of 12.87% from 2023 to 2033. This growth is primarily driven by technological advancements that enable more efficient and effective farming practices. Innovations in data analytics, artificial intelligence, and IoT devices are transforming the agricultural sector, offering farmers insights that optimize crop yields, reduce waste, and enhance sustainability. However, the market faces challenges, notably concerns regarding data privacy and security. As the amount of data generated by agricultural analytics tools increases, ensuring the security and privacy of this data becomes crucial. Addressing these concerns is essential for the widespread adoption of these technologies. Despite these challenges, there are significant opportunities within the market, particularly in data-driven decision support. By leveraging analytics, farmers can make more informed decisions regarding planting, irrigation, pest control, and harvesting, leading to increased productivity and profitability. As the agriculture sector continues to embrace digital transformation, the Agriculture Analytics Market is expected to see robust growth, driven by the need for more efficient and sustainable farming practices.

For More Information: https://evolvebi.com/report/agriculture-analytics-market-analysis/

The report includes 10 key players in the Agriculture Analytics market ecosystem that have been strategically profiled, along with the market ranking/share for major players. The key players profiled in the report are:
• Deere & Company
• IBM
• SAP SE
• Trimble
• Monsanto
• Oracle
• Iteris
• Taranis

The Agriculture Analytics market is highly competitive, featuring several prominent players who are driving innovation and technological advancements in the sector. Leading the market are companies like Deere & Company and IBM, which have established significant footprints through their comprehensive analytics solutions tailored for agricultural applications. SAP SE and Oracle are leveraging their extensive expertise in enterprise software to provide robust analytics platforms that enhance farm management efficiency. Trimble and Monsanto are notable for their specialized agricultural technologies, offering precision farming tools and data analytics to optimize crop production and resource management. Iteris and Taranis are focusing on innovative, data-driven approaches, using advanced imagery and machine learning techniques to offer predictive analytics that improves crop health and yield forecasts.

For sample report pages - https://evolvebi.com/report/agriculture-analytics-market-analysis/

Market Segment By Component with focus on market share, consumption trend, and growth rate of Agriculture Analytics Market:
o Solution
o Services

Market Segment By Application with focus on market share, consumption trend, and growth rate of Agriculture Analytics Market:
o Farm analytics
o Livestock analytics
o Others

Global Agriculture Analytics Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Benelux
o Nordic
o Rest of Europe

• Asia Pacific
o China
o Japan
o South Korea
o Indonesia
o Austalia
o Malaysia
o India
o Rest of Asia Pacific

• South America
o Brazil
o Argentina
o Rest of South America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of the Middle East & Africa

For any customization, contact us through - https://evolvebi.com/report/agriculture-analytics-market-analysis/

Key Matrix for Latest Report Update
• Base Year: 2023
• Estimated Year: 2024
• CAGR: 2024 to 2034

Evolve Business Intelligence
C-218, 2nd floor, M-Cube
Gujarat 396191
India
Contact: +91 635 396 3987
Email: sales@evolvebi.com
Website: https://evolvebi.com/

Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on technology advancements, providing highly accurate data through our in-house AI-modelled data analysis and forecast tool, EvolveBI. This tool tracks real-time data, including quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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