Shaping the Future: Farming as a Service Market Trends and Forecasts for 2028

Farming as a Service Market

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.

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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

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  • 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

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