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Global Big Data Market in Agriculture Sector 2018-2022

  • Published: Jul 2018
  • Pages: 111
  • SKU: IRTNTR22610
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Technavio’s market research analysts have predicted that the big data market in agriculture sector will register a CAGR of more than 20% by 2022. Big data analytics in agriculture sector has been helping companies in making better decisions and strategic moves to enhance the overall productivity. With the aim of improving agricultural productivity and introducing smart farming technologies, there has been a significant demand for using big data technologies for the agricultural sector. Considering the sales of various software and services, our analysts have estimated that the big data farming market will register a significant growth over the upcoming years.

Global Big Data Market in Agriculture Sector Overview

Technavio’s analysts have identified the increasing adoption of smart farming technologies to be one of the key factors impelling the market’s growth in the forthcoming years. With the rapidly growing adoption of digitalization to improve the agriculture sector, the demand for big data applications has increased considerably in the recent years. Smart farming or precision farming includes the use of various advanced technologies including IoT, connected devices, and big data analytics. Smart farming technologies offer several benefits including high-precision crop control, useful data collection, and automated farming, in turn, making them the most viable choice for agriculturists to optimize the agricultural production. This has, further paved way for the big data technology to be used as one of the most authentic data capturing techniques for controlling data from agricultural operations. Large amounts of data produced by the smart sensors and devices kept in the field help in providing unprecedented decision-making capabilities for the farmers, eventually, leading to the growth of the market during the predicted period.

“Big data in agriculture is being used to provide predictive insights for farming operations, drive real-time operational decisions, and redesign business processes. Through big data, farmers can obtain data related to the environment, farm management, digital maps of land surfaces, and machine data that collectively serves smart farming.”, says a senior research analyst at Technavio for the agricultural equipment industry.

 

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Companies covered

The big data market in agriculture sector market is moderately fragmented owing to the presence of established and regional vendors leveraging on several big data platforms for helping the farmers globally. This report offers a comprehensive analysis of the market’s competitive landscape to help the clients in identifying growth prospects. Furthermore, this big data market in agriculture sector analysis report also provides information on the products offered by the companies to aid them in identifying market potential in terms of geographies as well as product differentiation.

The big data analytics in agriculture sector report offers a complete analysis of various companies including:

  • Agrimetrics
  • Deere & Company
  • DowDuPont
  • lnVivo
  • Monsanto
  • Search Technologies

Big data market in agriculture sector market growth based on geographic regions

  • Americas
  • APAC
  • EMEA

With a complete study of the growth opportunities for the companies across regions such as the Americas, APAC, and EMEA, our industry research analysts have estimated that countries including the US, Canada, Brazil, Argentina, and Mexico in the Americas will contribute to the highest growth of this market throughout the predicted period. Owing to the increasing use of big data by farmers for obtaining solutions related to several environmental conditions in these advanced and emerging economies, the region is likely to continue its dominance in the market over the predicted period.

Big data market in agriculture Sector market growth based on products

  • Services
  • Software

According to our market research experts, the services segment will account for the highest growth in the market. Additionally, the report also provides an accurate prediction of the contribution of the various products segments to the growth of the big data analytics in agriculture sector market size.

Key highlights of the global Big Data Market in Agriculture Sector market for the forecast years 2018-2022:

  • CAGR of the market during the forecast period 2018-2022
  • Detailed information on factors that will accelerate the growth of the big data market in agriculture sector during the next five years
  • Precise estimation of the global big data market in agriculture sector size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • Growth of the big data market in agriculture sector across various geographies such as the Americas, APAC, and EMEA
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive information about factors that will challenge the growth of big data market in agriculture sector companies

 

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This market research report analyzes the market outlook and provides a list of key trends, drivers, and challenges that are anticipated to impact the global big data market in agriculture sector and its stakeholders over the forecast years.

The global big data market in agriculture sector analysts at Technavio have also considered how the performance of other related markets in the vertical will impact the size of this market till 2022. Some of the markets most likely to influence the growth of the big data market in agriculture sector over the coming years are the global IoT market in smart farming and the global big data services market.

 

Technavio’s collection of market research reports offer insights into the growth of markets across various industries. Additionally, we also provide customized reports based on the specific requirement of our clients.

 

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022

PART 06: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 07: MARKET SEGMENTATION BY PRODUCT

  • Segmentation by product
  • Comparison by product
  • Global big data services market in agriculture – Market size and forecast 2017-2022
  • Global big data software market in agriculture – Market size and forecast 2017-2022
  • Market opportunity by product

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • Big data market in agriculture sector in Americas – Market size and forecast 2017-2022
  • Big data market in agriculture sector in EMEA – Market size and forecast 2017-2022
  • Big data market in agriculture sector in APAC – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 12: MARKET TRENDS

  • Growing popularity of spatiotemporal big data analytics in agriculture
  • Introduction of new big data platforms
  • Rise in adoption of precision agriculture

PART 13: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 14: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Agrimetrics
  • Deere & Company
  • DowDuPont
  • lnVivo
  • Monsanto
  • Search Technologies

PART 15: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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