Dublin – (Business Wire– “Agricultural Technology: As a Service Market – Global and Regional Analysis Focus on Product, Application and Country Analysis and Forecast, 2020-2026” Report added. ResearchAndMarkets.com’s To present.
The global agricultural technology-as-service market is expected to reach $ 3,031.1 million by 2026, with a CAGR of 24.42% over the 2021-2026 forecast.
The growth in the market is due to the increasing pressure from the governing body to agricultural automation and digitization.
Agricultural Technology: A business model that allows customers to purchase the agricultural technologies (tools or software) they need as a single service at a variety of affordable prices.
Two of the most popular pricing models under Agricultural Technology-as-Service are PPU and subscription models. Agricultural technology-as-a-service business models offer manufacturers some features such as easy upgrade and upgrade, convenient access, fast deployment and reliable data backups.
Effect of Covidy-19
Agricultural Technology: The supply chain for most industries around the world has been affected by the CVD-19 epidemic, including the service industry. The supply chain of the agricultural industry was disrupted during the CVD-19 epidemic.
During the Covd-19 epidemic, agricultural production was disrupted, reducing income generation. This has prevented farmers from investing in modern agricultural equipment.
Agricultural technology-as-a-service market by type of service
The global agricultural technology-as-a-service market in the service-type product segment is expected to be software-as-a-service. The huge market share and growth potential associated with software-as-technologies technologies in the agricultural industry is expected to drive the global agricultural technology-as-a-service market.
Agricultural Technology-as-Service Market in Technology
The global agricultural technology-as-a-service market in the technology production sector is expected to be dominated by data analysis and intelligence solutions. Data analysis solutions have the potential to increase agricultural productivity and are expected to drive agricultural technology as a service market.
Agricultural Technology-as-Service Market in Application
The global agricultural technology-as-a-service market in the application segment is expected to dominate production control and mapping. The huge market share and growth potential associated with product monitoring and mapping is expected to drive global agricultural technology as a service market.
Agricultural Technology-as-Service Market in the Region
North America is expected to generate the highest revenue by 2020. The region’s large market share is attributed to the use of automation and control systems in most countries and the increase in the adoption of smart farming practices. Agricultural Technology-as-Service. North America’s agricultural technology-as-a-service market forecast is expected to grow slightly with a CAGR of 21.93%.
Recent developments in the agricultural technology-as-a-service market
In March 2021, Cincinnati announced that it would relocate its North American Crop Protection headquarters in Greensbrough, North Carolina.
In July 2020, DeHaat launched a franchise model to expand its business in East India. In this model, the company, in collaboration with small rural enterprises, buys agricultural inputs from companies such as Bayer Crop Science and sells them to farmers at a distance of 3-6 km.
A.D. In November 2019, AGCO Corporation announced the launch of Edgewood, Md.
In April 2019, CLAS KGaA mbH opened its new certification center for new agricultural machinery at Harcewinkel.
Covered key topics:
1.1 Industrial Perspective
1.1.1 Pricing Models
184.108.40.206 Packed in one acre
220.127.116.11 Passport / Service
18.104.22.168 Percentage of achievement
22.214.171.124 The product component for sale
1.1.2 Break-Even Analysis
126.96.36.199 Rest-even analysis components
188.8.131.52 Rest-Even Analysis Calculation
184.108.40.206 Case studies
1.1.3 Advanced Solutions
220.127.116.11 Agriculture Robot-As-Service (ARA)
18.104.22.168 Agriculture Drone-as-Service (ADaaS)
1.1.4 Government Initiative Landscape
1.2 Business Variable
1.2.1 Business Drivers
22.214.171.124 Increasing global food demand
126.96.36.199 Increased productivity leads to increased food production
188.8.131.52 For real agricultural economic needs
184.108.40.206 Use of modern technologies in agriculture
220.127.116.11 Manpower reduction in the agricultural sector
1.2.2 Business Tests
18.104.22.168 Lack of proper infrastructure such as roads, internet and network connections
22.214.171.124 Cyber and online data security
126.96.36.199 Huge subscription costs work as a challenge
188.8.131.52 Lack of technical awareness of farmers and reluctance to accept
1.2.3 Business Strategies
184.108.40.206 Product Development
220.127.116.11 Market Development
1.2.4 Organizational Strategies
18.104.22.168 Integration and Purchase
22.214.171.124 Partnership, Collaboration and Joint Venture
1.2.5 Business Opportunities
126.96.36.199 Economic Growth in Agricultural Services
188.8.131.52 Increasing investment in the agricultural technology sector
184.108.40.206 The growing trend of agriculture as a service in India
220.127.116.11 Increasing market opportunities in developing countries
18.104.22.168 Cloud security has increased.
2.1 Global Agricultural Technology-as-Service Market (Application)
2.1.1 Product Map and Monitoring
2.1.2 Soil Management
2.1.3 Crop Health Monitoring
2.1.4 Navigation and layout
2.2 Global Agricultural Technology-As-Service Market Demand Analysis (Application)
3.1 Global Agricultural Technology-As-Service Market (by product)
3.1.1 Global Agricultural Technology-As-Service Market (by type of service)
3.1.2 Global Agricultural Technology-As-Service Market (Technology)
22.214.171.124 Data Analysis and Intelligence
126.96.36.199 Guide Technology
188.8.131.52 Sensing Technology
184.108.40.206 Flexible Rate Application Technology
3.2 Global Agricultural Technology-as-Service Market Demand Analysis (by product)
3.2.1 Global Agricultural Technology: Analysis of Needs as a Service Market (by type of service)
3.2.2 Global Agricultural Technology: Analysis of Needs as a Service Market (Technology)
5 Markets – Competitive Benchmarking and Company Profiles
5.1 Competitive Benchmarking
5.2 Company Profiles
Ceres Imaging Inc.
CNH Industrial NV
Cropln Technology Solutions Pvt.Ltd.
Deer & Company
Harvest Automation Inc.
Intertech Group Plc
Nutrien AgSolutions, Inc.
Precision Hawk Inc.
Raven Industries Inc.
Robert Bosch GmbH
Small robot company
SZ DJI Technology Co. Ltd
Yanmar Co. Ltd.
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