Key Factors Driving the Growth of the Global Farming as a Service Market forecast 2028

Key Factors Driving the Growth of the Global Farming as a Service Market forecast 2028

Global Farming as a Service Market Outlook for 2023-28

Markntel Advisors has conducted a comprehensive study on the Global Farming as a Service (FaaS) Market is projected to grow at a CAGR of around 15.3% during the forecast period, i.e., 2023-28. The growth of the market attributes primarily to the growing adoption of technologically advanced solutions in agricultural practices to enhance farm productivity & prevent wastage of various resources, such as labor, capital, seeds, fertilizers, water, electricity, etc.

In addition, the Global Farming as a Service Market Study highlights the impact of domestic and localized market players, emerging revenue opportunities, strategic market growth analysis, product approvals, product launches, geographic expansions, and technological innovations. The objective of the report is to provide a detailed understanding of the industry, including its features, factors, and elements, along with insights into the regulatory scenario & regional dynamics that may impact market growth.

Growth Opportunity: Increasing Number of AgriTech Start-ups Promoting Modern Agriculture Practices

With the integration of advanced technologies like the Internet of Things (IoT), remote sensing, Big Data, Cloud Computing, Artificial Intelligence (AI), image analytics & processing, Machine Learning (ML) into farming practices, coupled with the growing use of drones, AG-robots, etc., to bring efficiency in the agriculture sector, the adoption of Farming-as-a Service is anticipated to rise significantly among farmers during the forecast period and generate lucrative growth opportunities for the leading players in the industry.

Global Farming as a Service Industry Breakdown: Key Revenue Generating Segments

To facilitate focused analysis, the Farming as a Service Market has been divided into different segments, providing shareholders with the opportunity to identify their areas of interest and the most profitable opportunities within the market. By incorporating technical trends, comprehensive analysis of the downstream & upstream value chain, as well as Porter’s five forces analysis, we have diligently forecasted the industry landscape for specific regions/countries, presenting critical pointers for informed decision-making. The segments are as follows:

-By Solution

-Farm Management- Market Size & Forecast 2018-2028F, USD Million

-Information Sharing- Market Size & Forecast 2018-2028F, USD Million

-Analytics- Market Size & Forecast 2018-2028F, USD Million

-Precision Farming Tools- Market Size & Forecast 2018-2028F, USD Million

-Production Assistance- Market Size & Forecast 2018-2028F, USD Million

-Equipment Rentals- Market Size & Forecast 2018-2028F, USD Million

-Labor Services- Market Size & Forecast 2018-2028F, USD Million

-Utility Services- Market Size & Forecast 2018-2028F, USD Million

-Access to Markets- Market Size & Forecast 2018-2028F, USD Million

-By Application

-Yield Mapping and Monitoring- Market Size & Forecast 2018-2028F, USD Million

-Soil Management- Market Size & Forecast 2018-2028F, USD Million

-Crop Health Management- Market Size & Forecast 2018-2028F, USD Million

-Navigation and Positioning- Market Size & Forecast 2018-2028F, USD Million

-By Farm Produce

-Cereals- Market Size & Forecast 2018-2028F, USD Million

-Oil Crops- Market Size & Forecast 2018-2028F, USD Million

-Fiber Crops- Market Size & Forecast 2018-2028F, USD Million

-Pulses- Market Size & Forecast 2018-2028F, USD Million

-Fruits & Vegetables- Market Size & Forecast 2018-2028F, USD Million

-Others (Nuts, Roots and Tuber, etc.) – Market Size & Forecast 2018-2028F, USD Million

-By Delivery Model

-Pay-per-use- Market Size & Forecast 2018-2028F, USD Million

-Subscription- Market Size & Forecast 2018-2028F, USD Million

-By End Users

-Farmers- Market Size & Forecast 2018-2028F, USD Million

-Government- Market Size & Forecast 2018-2028F, USD Million

-Corporate- Market Size & Forecast 2018-2028F, USD Million

-Financial Institutions- Market Size & Forecast 2018-2028F, USD Million

-Advisory Bodies- Market Size & Forecast 2018-2028F, USD Million

-By Region

-North America

-South America

-Middle East & Africa

-Europe

-Asia-Pacific

Each sections offer valuable insights into the Farming as a Service Market. The report includes essential pillars of the industry study, such as drivers, restraints, opportunities, and challenges. The report also provides information on industry overview, specifications, definitions, suppliers, R&D status, cost structure analysis, sources, and technological advancements, potential for improvement, applications, among others.

Competitive Analysis of the Global Farming as a Service Industry

-Trimble Inc.

-Em3 Agri Services Pvt. Ltd.

-Apollo Agriculture

-John Deere

-Accenture

-SGS Société Générale de Surveillance SA

-Taranis

-PrecisionHawk

-IBM

-ITC Limited

-Ninjacart

-Mahindra and Mahindra Limited

-AGRIVI

-Hexagon Agriculture

-Other

Global Farming as a Service Market Research Report Answers the Following Key Questions

  • How big is the Global Farming as a Service Market?
  • What is the projected growth rate or CAGR of the Global Farming as a Service Market during 2023-28?
  • What are the key trends or growth opportunities for the key players in the Global Farming as a Service Market?
  • Which ‘segment’ seems promising for companies operating in the Global Farming as a Service Market?

Note: Markntel Advisors provides personalized reports tailored to the specific needs and preferences of clients. For further information or inquiries regarding customized reports, please get in touch with the sales team, who will assist you in your purchase and address any queries you may have.

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Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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