The rise in population with an increase in demand for high-quality food products is a major factor influencing the growth of the agriculture analytics market. Moreover, the growing adoption of smart technologies to enable precision agriculture and increasing AI and predictive analytics to improve the yield offer significant growth opportunities for agriculture analytics market players. However, the fragmented agriculture industry and heavy capital investment are expected to restrict this market’s growth to some extent.
The agriculture analytics market is expected to reach $2.27 billion by 2027, at a CAGR of 17.5% during the forecast period of 2020 to 2027.
Here are the top 10 companies operating in this market-
Deere & Company
Deere & Company is engaged in delivering products and services related to land and agriculture. The company operates through three business segments: Agriculture and Turf, Construction and Forestry, and Financial Services. The company offers its agriculture analytics products under the Farm Equipment and Technology segment (a part of the Agriculture and Turf business). Besides, this segment is expected to gain more profits in the forecast period. Moreover, products for applications, such as data management, remote management, guidance and tracking, variable rate technology, and field and water management are provided by the company.
With its subsidiaries and strong distribution network, the company has its presence across North America.
SAP is a leading player in enterprise application software and is also the leading analytics and business intelligence company. It offers enterprise software that helps organizations manage business operations and customer relations. The company uses machine learning, the Internet of Things (IoT), and advanced analytics technologies to help turn customers’ businesses into intelligent enterprises.
With its subsidiaries and a strong distribution network, the company has its presence in various regions such as North America, Europe, Asia- Pacific, Latin America, and the Middle East & Africa. Some of the subsidiaries of SAP SE are SuccessFactors (U.S.), Qualtrics (U.S.), SAP Concur (U.S.), and more. Also, SAP SE directly or indirectly controlled a worldwide group of 265 subsidiaries that develop, distribute, and provide our products, solutions, and services.
Bayer is an agro-tech company that emphasizes developing advanced solutions suitable for modernized farming and delivers reliable services to the farmers in transforming their business into digitally-driven farming businesses. The company masters in the research of biotechnology, crop protection, and data science technologies, among others, and offers tailored solutions to the farmers excessively. With its wide range of product portfolio, the company extensively operates in the agriculture sector and determines farmers and their business’s sustainability.
With its subsidiaries and a strong distribution network, the company has its presence across North America, Europe, Asia-Pacific, Latin American, and the Middle East and Africa. Bayer AG’s subsidiaries are DeKalb Genetics Corporation (U.S.), Seminis (U.S.), Asgrow Seed Co LLC (U.S.), and Monsanto Technology LLC (U.S.), among others.
Trimble offers technology solutions that enable professionals and field workers to improvise and transform their business processes. The company is extensively engaged in providing solutions to various industries such as agriculture, architecture, civil engineering, survey and land administration, construction, geospatial, government, natural resources, transportation, and utilities. The company has been investing in smart solutions based on advanced technologies, including analytics for the agriculture industry, to a significant extent. Thus, the company provides innovative solutions for different agricultural applications such as land preparation, planting & seeding, data management, water management, harvest solution, guidance & steering, and flow and application control.
With its subsidiaries and strong distribution network, the company has its presence across North America, Europe, Asia Pacific, and the Rest of the World.
Oracle Corporation provides numerous solutions and products in various industry verticals. The company offers products, such as autonomous database, business analytics, developer tools, engineered systems, IT infrastructure, java solutions, middleware, applications, customer experience management solutions, enterprise performance management solutions, ERP solutions, human capital management solutions, supply chain management solutions, and NetSuite, among others.
The company’s analytics solutions target the corporate and education sectors to enhance productivity and performance. The company operates in several industry verticals, such as financial services, insurance, automotive, communications, construction and engineering, food and beverage, healthcare, high technology, higher education, hospitality, industrial manufacturing, life sciences, public sector, research, retail, and utilities.
With its subsidiaries and a strong distribution network, the company has its presence in North America, Europe, Asia-Pacific, and Latin America. Some of the Oracle subsidiaries include NetSuite, Taleo, BlueKai, Dyn, Responsys, Textura Corporation, Endeca, Opower, and many more.
A report into the projected growth of the current Agriculture Analytics Market by Meticulous Research® has produced some incredible forecasts for the industry. By 2027, it’s expected to have grown at a CAGR of 17.5%, reaching over $2.27 billion.
DeLaval is a global provider of dairy farm solutions and is extensively engaged in sustainable food production. The company provides solutions for milking, feeding, animal welfare, barn systems, and farm support. The Dairy Farm Solutions and Animal Welfare are the company’s prioritized segments. The smart solutions for agriculture are all provided under these sections.
With its subsidiaries and strong distribution network, the company has its presence across North America, Latin America, Europe, and RoW.
Farmer’s Business Network, Inc.
Farmer’s Business Network, Inc. (FBN) is an agro-tech enterprise that empowers farmers by democratizing the data of farmers’ resources, offering unbiased and advanced analytics solutions, and engaging competitive spirit amongst the farmers to improvise their business. The company was established as a start-up and is currently making its mark globally with its innovative product offerings. The company’s analytics products are much recognized and appreciated in the North American market and gradually proliferate globally. Besides, the company provides advanced solutions for crop marketing, agriculture finance management, and crop insurance to enhance the farmers’ productivity.
With its subsidiaries and a strong distribution network, the company has its presence across America and Australia. FBN’s subsidiaries are Farmsave Pty. Ltd. and Yorkton Distributors.
IBM functions through five key segments: Cognitive Solutions, Technology Services & Cloud Platforms, Global Business Services, Systems, and Global Financing. The company manufactures and sells hardware & software and delivers numerous hosting and consulting services from mainframe processors to nanotechnology domains. The company has a diverse and vast products and services portfolio, including artificial intelligence, IoT, cloud computing, security, and more.
IBM is the world’s enterprise AI leader and largest cybersecurity enterprise. It provides services to all size enterprises and leaders in diverse industries, including financial services institutions, manufacturers, retailers, and more. Some of the major subsidiaries of IBM Corporation include Red Hat Software, Aspera, Trusteer, FileNet, and Kenexa, among others. The company helps its clients transform their business and engage with clients and employees in new ways. It has one of the largest workforces in the world.
AgEagle Aerial Systems
AgEagle is an agro-tech company that is highly involved in developing intelligent solutions for the agriculture industry. The company is also one of the forefront innovators of commercial drones and aerial imagery-based data collection and analytics solutions for the precision farming and emerging drone-enabled package delivery markets. The company has managed to increase its aerial imaging-based data collection & analytics solutions across more than 50 countries and has acknowledged the successful implementation of these advanced solutions. Further, the company offers its solutions in distinct markets; namely, commercial drones, state (U.S.) regulated Hemp cultivation, and precision farming. Thus, with the growing penetration of technology-based solutions in the agriculture industry, the company is expected to provide innovative solutions over the coming years.
With its subsidiaries and a strong distribution network, the company has its presence in North America, Europe, Asia-Pacific, and Latin America. Some of the subsidiaries of AgEagle include Eagle Aerial Systems (U.S.), Haas Petroleum, LLC, (Kenya), and others.
Conservis is an agro-tech company that offers software solutions. The company develops user-friendly software solutions that enable farmers to effectively make data-driven decisions. The company focuses on a complete overlook of on-field farms and develops customized software solutions. Since the last decade, the company has been in the business and is offering innovative solutions to end-user customers. The company’s solutions are best known for agriculture operations management. Numerous farm owners from the American region have been successfully using the solutions offered by Conservis to manage their farming business.
With its strong distribution network, the company has its presence across the American region.
Popular Mentions: Accenture (Ireland), Agrivi (U.K.), aWhere, Inc. (U.S.), DTN (U.S.), Farmers Edge, Inc. (Canada), and GEOSYS Intl, Inc. (U.S.)
Authoritative Research on the Agriculture Analytics Market – Global Opportunity Analysis and Industry Forecast (2020-2027)
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