Agriculture Analytics Market worth $1.4 billion by 2025 - Exclusive Report by MarketsandMarkets
CHICAGO, Jan. 8, 2021 /PRNewswire/ According to market research report on Agriculture Analytics Market
by Application Area (Farm Analytics, Livestock Analytics, and Aquaculture Analytics), Component (Solution and Services), Farm Size (Small, Medium-Sized, and Large), Deployment Type, and Region - Global Forecast to 2025 , published by MarketsandMarkets, the global Agriculture Analytics Market size is expected to grow from USD 0.8 billion in 2020 to USD 1.4 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 12.2% during the forecast period.
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The growing trend of digitization and risk assessment and rising demand to improve agricultural supply chain management due to the COVID-19 pandemic driving the adoption of the Agriculture Analytics Market.
The growing trend of digitization and risk assessment and rising demand to improve agricultural supply chain management due to the COVID-19 pandemic driving the adoption of the Agriculture Analytics Market.
Increasing use of data by farmers to know more about their farms, and crops driving the adoption of managed services segment of agriculture analytics platforms during the forecast period
The growing need to outsource field related operation owing to a shortage of labor is expected to drive the growth of the managed services in the Agriculture Analytics Market. Managed service providers use their powerful analytical tools to collect, process, and analyze data to provide valuable insights to farmers. By these actionable insights, farmers can forecast their crop production, improve crop cultivation, and make better decisions.
Global agriculture analytics market to exceed 1,991 million by 2026 marketwatch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketwatch.com Daily Mail and Mail on Sunday newspapers.