Exploring Farming as a Service Market: Rising Trends, Opportunities and Challenges Forecast 2028

Global Farming as a Service Market Overview:

According to MarkNtel Advisors study the Global Farming as a Service (FaaS) Market is projected to grow at a CAGR of around 15.3% during the forecast period, i.e., 2023-28. The growth of the market attributes primarily to the growing adoption of technologically advanced solutions in agricultural practices to enhance farm productivity & prevent wastage of various resources, such as labor, capital, seeds, fertilizers, water, electricity, etc.

Key Findings of the Study: Farming as a Service market

Growth Opportunity: Increasing Number of AgriTech Start-ups Promoting Modern Agriculture Practices

With the integration of advanced technologies like the Internet of Things (IoT), remote sensing, Big Data, Cloud Computing, Artificial Intelligence (AI), image analytics & processing, Machine Learning (ML) into farming practices, coupled with the growing use of drones, AG-robots, etc., to bring efficiency in the agriculture sector, the adoption of Farming-as-a Service is anticipated to rise significantly among farmers during the forecast period and generate lucrative growth opportunities for the leading players in the industry.

In case you missed it, we are currently revising our reports. Click on the “request sample report“ button to get the latest research data with forecast for the years 2024 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Scope of the Farming as a Service Market Report Segmentation

-By Solution

Farm Management- Market Size & Forecast 2018-2028F, USD Million
Production Assistance- Market Size & Forecast 2018-2028F, USD Million
Access to Markets- Market Size & Forecast 2018-2028F, USD Million

-By Application

Yield Mapping and Monitoring- Market Size & Forecast 2018-2028F, USD Million
Soil Management- Market Size & Forecast 2018-2028F, USD Million
Crop Health Management- Market Size & Forecast 2018-2028F, USD Million
Navigation and Positioning- Market Size & Forecast 2018-2028F, USD Million

-By Farm Produce

Cereals- Market Size & Forecast 2018-2028F, USD Million
Oil Crops- Market Size & Forecast 2018-2028F, USD Million
Fiber Crops- Market Size & Forecast 2018-2028F, USD Million
Pulses- Market Size & Forecast 2018-2028F, USD Million
Fruits & Vegetables- Market Size & Forecast 2018-2028F, USD Million
Others (Nuts, Roots and Tuber, etc.) – Market Size & Forecast 2018-2028F, USD Million

-By Delivery Model

Pay-per-use- Market Size & Forecast 2018-2028F, USD Million
Subscription- Market Size & Forecast 2018-2028F, USD Million

-By End Users

Farmers- Market Size & Forecast 2018-2028F, USD Million
Government- Market Size & Forecast 2018-2028F, USD Million
Corporate- Market Size & Forecast 2018-2028F, USD Million
Financial Institutions- Market Size & Forecast 2018-2028F, USD Million
Advisory Bodies- Market Size & Forecast 2018-2028F, USD Million

For more detailed information about the Farming as a Service market report, click here – https://www.marknteladvisors.com/research-library/global-farming-as-a-service-market.html

Geographical analysis:

-By Region

North America
South America
Middle East & Africa
Europe
Asia-Pacific

Of them all, North America dominates the market with the largest revenue share, and the same trend is likely to be followed over the forecast years. It owes principally to the growing use of FaaS models to boost farm productivity across the region. North America is an early adopter of advanced technologies. The surging use of automated machinery, smart crop, livestock monitoring, & drones is helping farmers in better farm management, thereby contributing to the regional market growth.

Current Landscape of Farming as a Service Market

The report delineates key market participants and thoroughly assesses their strategic approaches, trends, innovations, and manufacturing infrastructure, enabling a forecast of their market impact over the next five years. The meticulously researched data presented holds the potential to distinguish even nascent market entrants in the long term. Armed with pertinent data and actionable insights, our research report delivers a comprehensive overview of the market, empowering investors and stakeholders to establish a robust presence in the Farming as a Service market. The research report profiles major players, including

Customization of Reports Available – https://www.marknteladvisors.com/query/request-customization/global-farming-as-a-service-market.html

Trimble Inc.
Em3 Agri Services Pvt. Ltd.
Apollo Agriculture
John Deere
Accenture
SGS Société Générale de Surveillance SA
Taranis
PrecisionHawk
IBM
ITC Limited
Ninjacart
Mahindra and Mahindra Limited
AGRIVI
Hexagon Agriculture
Others

Related Reports

Why choose MarkNtel?

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.

For Media Inquiries, Please Contact:

Call: +1 628 895 8081 | +91 120 4278433

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India

Comments

Leave a Reply Cancel reply