Global Big Data Analytics in Agriculture Market, By Type (Capturing Data, Storing Data, Sharing Data, Analyzing Data, Others), Application (Crop Production, Farm Equipment, Weather, Chemicals), End users (Farmers, Agriculture Regulatory Bodies, Weather Forecast, Agrochemical and Farm Equipment Industries), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Global big data analytics in agriculture market is expects to reach a market value at a compound annual growth rate of 15.60% in the forecast periods of 2021 to 2028.
Agriculture performs an energetic role in much country’s economic development. The demand for food production is promptly increasing as compared with the world population. Therefore to satisfy the demand, high crop yielding is needed that substantially raise the endorsement of smart agriculture throughout the globe. Big data analytics is an advance agriculture technology that has a robust business opportunity. The big data in agriculture is becoming an important quality and it reports approximately 5% of the market share of total big data industry.
The uprising pressure to fulfil the world need for food, enhancing the farm productivity, the government commence to utilize modern agricultural technologies are the significant growth factor of the global big data analytics in the agriculture market.
On the other hand, increasing insight of internet and smart device is greatly changing the smart agriculture market. Introduction of farm management education app and new agricultural techniques generate immense opportunity that may result in the growth of global big data analytics in the agriculture market. The market growth is restraining in the developing countries due to lack of access to smart device and service. Beyond 60% of farmers over the globe are not assist with good internet connectivity. In agricultural sector, the data science and smart system can refurbish and generate growth. As a result of challenges in implementation, big data is quiet uncommon word in agricultural sector. Privacy, security, sharing, data governance and expense are certain challenges in growth of big data analytics in agriculture market.
This global big data analytics in agriculture market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on global big data analytics in agriculture market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Big Data Analytics in Agriculture Market Scope and Market Size
Big data analytics in agriculture market is segmented on the basis of type, application, and end users. The growth among the segments helps you to review the nook pocket of growth and strategies to approach the market.
- On the basis of type, the global big data analytics in agriculture market is segmented into capturing data, storing data, sharing data, analyzing data, others.
- On the basis of application, the global big data analytics in agriculture market is segmented into crop production, farm equipment, weather, chemicals.
- Based on the end users, the global big data analytics in agriculture market is segmented into farmers, agriculture regulatory bodies, weather forecast, agrochemical and farm equipment industries.
Big Data Analytics in Agriculture Market Country Level Analysis
Big data analytics in agriculture market is analyses and market size, volume information is provided by country, type, application, and end users as referenced above.
The countries covered in the big data analytics in agriculture market report are U U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa(MEA).
North America held the highest share in the global big data analytic in agriculture market due to the major number of companies implement the big data results to prefigure the condition of the crop.
The country section of the big data analytics in agriculture market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Big Data Analytics in Agriculture Market Share Analysis
Global big data analytics in agriculture market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to global big data analytics in agriculture market.
The major companies profiled in this big data analytics in agriculture market report are: IBM corporation, Oracle, Hewlett Packard Enterprise Development LP, International Center for Tropical Agriculture - CIAT, NTT Data Corporation, The Climate Corporation, aWhere Inc., AgriSight, Inc, OnFarm, Farmers Edge Inc., Agribiotix, AgDNA and Conservis. Market share data is available for Global, North America, Europe, Asia-Pacific, Middle East and Africa separately. DBMR analysts understand competitive strength and provide competitive analysis for each competitor separately.