"Big Data Analytics in Agriculture Market – Industry Trends and Forecast to 2030
Global Big Data Analytics in Agriculture Market, By Type (Capturing Data, Storing Data, Sharing Data, Analyzing Data, and Others), Application (Crop Production, Farm Equipment, Weather, and Chemicals), End users (Farmers, Agriculture Regulatory Bodies, Weather Forecast, Agrochemical and Farm Equipment Industries) – Industry Trends and Forecast to 2030.
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Data Bridge Market Research analyses that the global big data analytics in agriculture market which was USD 1.24 billion in 2022, is expected to reach USD 3.95 billion by 2030, and is expected to undergo a CAGR of 15.60% during the forecast period of 2023 to 2030. “Capturing data” dominates the type segment of the global big data analytics in agriculture market because data is the foundational element that fuels the entire analytics process. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
**Segments**
- **Component:** The Big Data Analytics in Agriculture market can be segmented based on components into software and services. The software segment is expected to witness significant growth due to the increasing adoption of data analytics tools and platforms to extract valuable insights from massive amounts of agricultural data.
- **Deployment:** On the basis of deployment mode, the market can be categorized into on-premises and cloud-based deployment. Cloud-based deployment is anticipated to dominate the market as it offers scalability, flexibility, and cost-effectiveness to agricultural businesses.
- **Application:** In terms of application, the Big Data Analytics in Agriculture market can be divided into farm analytics, livestock analytics, and others. The farm analytics segment is projected to lead the market growth as it helps farmers in improving crop yield, monitoring soil health, and optimizing resources effectively.
**Market Players**
- **IBM Corporation:** IBM offers advanced data analytics solutions tailored for the agriculture sector to enhance productivity, minimize operational costs, and improve decision-making processes.
- **SAP SE:** SAP provides a range of data analytics tools specifically designed for agricultural businesses to optimize farm operations, enhance supply chain management, and ensure sustainable practices.
- **Trimble Inc.:** Trimble offers precision agriculture solutions integrated with big data analytics capabilities to enable farmers to make data-driven decisions for improving productivity and profitability.
- **Accenture:** Accenture delivers innovative data analytics services for the agriculture industry, empowering organizations to harness the power of data for better crop management and performance optimization.
- **Agribotix LLC:** Agribotix specializes in drone-based data collection and analytics solutions for agriculture, enabling farmers to gather real-time insights for enhanced decision-making and crop management strategies.
https://www.databridgemarketresearch.com/reports/global-big-data-analytics-in-agriculture-marketThe Big Data Analytics in Agriculture market is witnessing a transformational shift with the increasing adoption of advanced data analytics tools and platforms across the agricultural sector. As traditional farming methods give way to more data-driven approaches, market players are focusing on providing innovative solutions to address the evolving needs of farmers and agricultural businesses. The segmentation of the market based on components into software and services highlights the crucial role of data analytics tools in extracting valuable insights from vast amounts of agricultural data. The software segment, in particular, is poised for significant growth as more farmers recognize the benefits of leveraging data analytics for enhancing crop productivity, optimizing resource allocation, and improving overall operational efficiency.
Moving on to the deployment aspect of the market, the choice between on-premises and cloud-based deployment modes plays a pivotal role in shaping the future landscape of Big Data Analytics in Agriculture. Cloud-based deployment is emerging as the preferred option for agricultural businesses due to its scalability, flexibility, and cost-effectiveness. By leveraging cloud-based solutions, farmers can access real-time data analytics capabilities, collaborate seamlessly, and adapt to changing market demands more efficiently. This shift towards cloud-based deployment is expected to drive market growth and foster greater innovation within the agricultural sector.
In terms of applications, the segmentation of the Big Data Analytics in Agriculture market into farm analytics, livestock analytics, and other segments underscores the diverse range of opportunities for leveraging data analytics in agricultural practices. The farm analytics segment, in particular, is poised to lead market growth as it enables farmers to improve crop yield, monitor soil health, and optimize resource utilization effectively. By harnessing the power of data analytics, farmers can make informed decisions, mitigate risks, and enhance overall productivity, thereby creating a more sustainable and efficient agricultural ecosystem.
Market players such as IBM Corporation, SAP SE, Trimble Inc., Accenture, and Agribotix LLC are at the forefront of driving innovation and providing cutting-edge solutions tailored to the specific needs of the agricultural industry. These companies offer a range of data analytics tools, services,**Global Big Data Analytics in Agriculture Market Analysis**
- The Big Data Analytics in Agriculture market is experiencing significant growth fueled by the increasing adoption of advanced data analytics tools and platforms within the agricultural sector. This transformational shift towards more data-driven approaches is revolutionizing traditional farming practices and driving the need for innovative solutions to meet the evolving demands of farmers and agricultural businesses.
- The segmentation of the market based on components into software and services underscores the critical role of data analytics tools in extracting valuable insights from the vast amounts of agricultural data generated. The software segment is poised for substantial growth as farmers recognize the benefits of utilizing data analytics for enhancing crop productivity, optimizing resource allocation, and improving operational efficiency.
- The deployment aspect of the market, categorized into on-premises and cloud-based deployment modes, is witnessing a shift towards cloud-based solutions. Cloud deployment offers scalability, flexibility, and cost-effectiveness, enabling agricultural businesses to access real-time data analytics capabilities, collaborate effectively, and adapt to changing market dynamics more efficiently. This transition to cloud-based deployment is expected to drive market growth and foster innovation within the agricultural industry.
- When it comes to applications, the segmentation of the Big Data Analytics in Agriculture market into farm analytics, livestock analytics, and other segments highlights the diverse opportunities for leveraging data analytics in agricultural practices. The farm analytics segment is projected to lead market growth by enabling farmers to enhance crop yield, monitor soil health, and optimize resource utilization effectively. By leveraging data analytics, farmers can make informed decisions, mitigate
The Big Data Analytics in Agriculture market research report displays a comprehensive study on production capacity, consumption, import and export for all the major regions across the globe. The target audience considered for this market study mainly consists of Key consulting companies & advisors, Large, medium, and small-sized enterprises, Venture capitalists, Value-added resellers (VARs), Third-party knowledge providers, Investment bankers, and Investors. This global market analysis report is the believable source for gaining the market research that will exponentially accelerate the business growth. The top notch Big Data Analytics in Agriculture market report is the best option to acquire a professional in-depth study on the current state for the market.
Table of Contents: Big Data Analytics in Agriculture Market
1 Introduction
2 Global Big Data Analytics in Agriculture Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Big Data Analytics in Agriculture Market, by Product Type
7 Big Data Analytics in Agriculture Market, by Modality
8 Big Data Analytics in Agriculture Market, by Type
9 Big Data Analytics in Agriculture Market, by Mode
10 Big Data Analytics in Agriculture Market, by End User
12 Big Data Analytics in Agriculture Market, by Geography
12 Big Data Analytics in Agriculture Market, Company Landscape
13 Swot Analysis
14 Company Profiles
Countries Studied:
- North America (Argentina, Brazil, copyright, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
- Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
- Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
- Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)
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