New York City, 09 March 2020 : The global agriculture
analytics market size is expected to reach USD 1,991.6 million by 2026
according to a new study by Polaris Market Research. gives a detailed insight
into current market dynamics and provides analysis on future market growth.
The primary growth driver for the farm
analytics sector is government projects to implement modern agricultural
techniques. Increasing pressure to satisfy the increasing global demand for
food in combination with the need to enhance farm productivity also contributes
to the application of agricultural analytics and the growth of the agricultural
analytics sector. Agricultural digitization is anticipated to assist feed the
increasing population. It is anticipated that the global population will rise
by about 40% and reach 9.6 million by 2050. Therefore, to satisfy the
increasing demand for food, the general food production requires to double. The
present production rate, process, and distribution technique would not be
adequate to feed the increasing population; therefore, it is anticipated that
the implementation of fresh and advanced technology at different stages of
farming will become essential to satisfy the increasing demand.
Get Sample PDF @ https://www.polarismarketresearch.com/industry-analysis/agriculture-analytics-market/request-for-sample
Implementing
analytics in farming and agricultural operations helps farmers evaluate all
real-time information such as moisture, soil, crop, weather, and more. It also
allows for an organized plan for the post-harvest operations of farm
manufacturing. Accentuating government and regulatory bodies for the
implementation of contemporary techniques in agriculture and agriculture such as
the use of analytics, artificial intelligence among
farmers has led in a favorable development of the market in agricultural
analytics. Because of the enormous capital needed to implement sophisticated
agricultural technology, the development of the agricultural analytics industry
could be hampered. Nevertheless, technological improvements, sophisticated
infrastructure and the use of high-end farm equipment enable farm investors to
take measures towards the farming sector, which is expected to increase the
development of the market for agricultural analytics in the foreseeable years.
Large
farms held the largest market share in the global market in 2019. Because of
the affordability and high economies of scale, the implementation of
agricultural analytics solution in big farms is greater than that of small and
medium-sized farms.
Get Special Discount On this Research Report @ https://www.polarismarketresearch.com/industry-analysis/agriculture-analytics-market/request-for-discount-pricing
The
increasingly competitive landscape and the need to satisfy worldwide food
demands inspire them to turn to the solution and services of agricultural
analytics to improve the use of resources for better manufacturing. Large farm
size carries out high-level company activities that produce big amounts of
data. Providers of agricultural analytics services assist big farms manage and
use the information efficiently for maximum production.
Over the forecast period, North America is
anticipated to dominate the global market for agricultural. This development is
due to the increasing implementation of sophisticated farming machinery and is
probable to stimulate the development of the worldwide agricultural analytics
industry. However, Asia Pacific is anticipated to give the agricultural
analytics market numerous favorable avenues for development.
Have Questions? Speak to our Industry Expert @ https://www.polarismarketresearch.com/industry-analysis/agriculture-analytics-market/speak-to-analyst
Accenture, Agribotix, Agrivi, Agvue
Technologies, Awhere, Conservis Corporation, Deere & Company, Delaval, DTN,
Farmers Business Network, Farmers Edge, Geosys, Granular, Gro Intelligence,
IBM, Iteris, Monsanto Company, Oracle, Precisionhawk, Proagrica, Resson, SAP,
Stesalit, Taranis, and Trimble are some of the players operating in the
global market. These businesses are also attempting to enter into strategic
alliances, company expansions, mergers and acquisitions, and advances in
product / service.
About Polaris Market
Research
Polaris Market
Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business
research services for our clientele spread across different enterprises.
Contact Us:
Polaris Market
Research
Phone: 1–646–568–9980
Email:
sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
No comments:
Post a Comment
Please do not enter any spam link in the comment box...