The Global Agriculture Technology-as-a-Service Market size was valued at around USD 2.8 billion in 2024 and is projected to reach USD 5.74 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 12.70% during the forecast period, i.e., 2025-30. According to MarkNtel Advisors Study.
Global Agriculture Technology-as-a-Service Market Driver:
Increasing Need for Sustainable Agriculture Solutions – The increasing global population is contributing to the escalating demand for sustainable food around the globe. According to the World Bank, the population is presumed to reach around 9.7 billion by 2050, which positively generates the demand for food. Thus, sustainable agriculture solutions help to meet this demand while reducing the environmental impact of agriculture.
Moreover, environmental concerns & limited natural resources have led to a growing emphasis on sustainable farming practices around the world. The rising negative impact of agriculture on the environment, including soil degradation, water pollution, and greenhouse gas emissions, has become a major concern. As a result, sustainable farming practices, such as aquaponics & vertical farming, can help to mitigate these impacts. These technologies enable farmers to minimize the environmental impact of agriculture while maintaining productivity. Henceforth, the surging demand for sustainable food production across the globe is driving the growth of the Global Agriculture Technology-as-a-Service Market as farmers seek out new & innovative ways to produce food that is environmentally friendly, healthy, and economically viable.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Agriculture Technology-as-a-Service Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Service Type
- Software-as-a-Service- Market size & Forecast 2020-2030, USD Million
- Equipment-as-a-Service- Market size & Forecast 2020-2030, USD Million
- By Technology
- Data Analytics & Intelligence- Market size & Forecast 2020-2030, USD Million
- Guidance Technology- Market size & Forecast 2020-2030, USD Million
- Sensing Technology- Market size & Forecast 2020-2030, USD Million
- Variable Rate Application Technology- Market size & Forecast 2020-2030, USD Million
- Others- Market size & Forecast 2020-2030, USD Million
- By Application
- Yield Mapping & Monitoring- Market size & Forecast 2020-2030, USD Million
- Soil Management- Market size & Forecast 2020-2030, USD Million
- Crop Health Management- Market size & Forecast 2020-2030, USD Million
- Navigation & Positioning- Market size & Forecast 2020-2030, USD Million
- Others- Market size & Forecast 2020-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – AGCO Corporation, CLAAS Group, CNH Industrial NV, Deere & Company, Kubota Corporation, Yanmar Co. Ltd, 365FarmNet GmBH, Agrivi, CropIn Technology Solutions Pvt Ltd, Fujitsu Ltd, IBM Corporation, Microsoft Corporation, Robert Bosch GmBH, Trimble Inc, Parrot SA, Pixhawk, Precision Hawk, Harvest Automation Inc., Naio Technologies, Small Robot Company, Topcon Corporation, Teejet Corporation, SGS SA, Raven Industries Inc, Intertek Group Plc, Airbus SAS, AT&T, Ceres Imaging Inc, Hexagon Agriculture, Nutrien AgSolutions Inc. looking forward to strengthening their market positions.
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