The Asia Pacific Agriculture Analytics Market is growing at a rapid rate due to the amount of farming land available in the area as well as the willingness to adapt to new agricultural techniques. Also, due to the increasing demand for solution and service component. The Asia Pacific is promising to show growing results as there are growing investments in the digital market, such as cloud-based solutions.
In the next decade, which is by 2030, Asia Pacific is expected to reach a population count of 5 Billion people. Due to which the demand for agriculture analytics market is high as the need for food would increase rapidly with the increase in population. Hence, the process of producing food has to find new techniques for faster production.
Small-sized farms are innovative implementations. The adoption of Big data and IoT in the agriculture field are very profitable. The Asia Pacific has the most water bodies to breed fish and other water animals. It not only attracts international companies but also provides more revenue to the regions.
The governments and the private sector’s interest in agriculture analytics is the primary driver for this field. There would be a drastic increase in the population, which is around 12.2% over the next decade. So, to stop the people to face starvation, it is of government’s interest to find a cure before the crises would begin.
The private sectors of the agriculture analytics industry are willing to expand to developing countries, which helps them advance in the agriculture technology industry.
The major restraint is the lack of knowledge in the farmers and consumers about agriculture analytics. The lack of standardization of data management and scarcity of skilled personnel can hamper the growth of this regional business.
Nanotechnology is a new addition to the agriculture analytics market, and it is proven to be a more comfortable and more time-efficient process, which could be the original method for innovative farming.
IoT, big data science & analytics, cloud computing and mobile app-based hybrid system for smart agriculture and the new advancements made in agriculture analytics. These ways will help farmers analyze and produce more yields.
By application area: There are three application areas in Asia Pacific agriculture analytics market, namely Livestock Analytics, Farm Analytics and Aquaculture Analytics. The livestock analytics market is supposed to have the highest CAGR compared to farm analytics and aquaculture analytics. This is because livestock analytics involves feeding management, dairy harvesting, breeding management, tracking control, heat stress management, behaviour management, calf management, genetic management, and cattle sorting. All these processes should be heavily monitored, and that is why farmers are ready to invest more in the agriculture analytics market for a higher quality product.
By Farm Size: There are three farm sizes, which are, large-sized farm, medium-sized farm and small-sized farm. The Asia Pacific has both large-sized farm and medium-sized farm. Small-sized farms usually have work deficiency, but as the region contains large and medium farms, the cost for maintaining them is very high. Also, productivity with profits and demands is high. Due to the viability of more area, international companies are willing to invest in second world countries, such as India, China, and Japan.
By Component: Asia Pacific agriculture analytics market by component is divided into two types, services and solutions. Unlike other market segmentations, in agriculture analytics, both services and solutions work hand in hand to give better results. Startups have developed an application called software as a service (SAAS). This helps the farmers analyze the crops and track the costs of each yield, check the weather conditions and decide on which plant would give the best return during a particular season. Overall, with the advancement in technology, there is a scheduled production of crops. This helps analysis and estimate the amount of yield produced so in case of starvation due to the rapid increase in population, and the required measures could be taken. Also, these solutions and services are readily available to the farmer with one click on the cell phone.
By Deployment Types: The Asia Pacific agriculture analytics market is bifurcated as cloud and on-premises. Of these, the cloud segment accounts for a considerable portion and is likely to expand exponentially in the coming years.
The Asia Pacific agriculture analytics market is geographically divided into the regions of India, China, Japan, Australia, and the rest of the APAC. India is estimated to be a rapidly developing nation foe these analytics with the increasing focus to strengthen the agriculture sector.
Accenture Plc., Agribotix LLC, Agrivi ltd., aWhere Inc., Conservis Corporation, Deere Company, De Laval Inc., DNT Ltd., Farmers Business Network Inc., Farmers Edge Inc., Geosys Inc., Granular Inc., Gro Intelligence inc., IBM Corporation, Iteris Inc., Monsanto Company, Oracle Corporation, Precision Hawk Inc., SAP Inc., Trimble Inc.
1.1 Market Definition
1.2 Scope of the report
1.3 Study Assumptions
1.4 Base Currency, Base Year and Forecast Periods
2. Research Methodology
2.1 Analysis Design
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Data Modelling
2.2.4 Expert Validation
2.3 Study Timeline
3. Report Overview
3.1 Executive Summary
3.2 Key Inferencees
4. Market Dynamics
4.1 Impact Analysis
4.2 Regulatory Environment
4.3 Technology Timeline & Recent Trends
5. Competitor Benchmarking Analysis
5.1 Key Player Benchmarking
5.1.1 Market share analysis
5.1.3 Regional Presence
5.2 Mergers & Acquistion Landscape
5.3 Joint Ventures & Collaborations
6. Market Segmentation
6.1 Agriculture Analytics Market, By Component
6.1.3 Market Size Estimations & Forecasts (2019-2024)
6.1.4 Y-o-Y Growth Rate Analysis
6.1.5 Market Attractiveness Index
6.2 Agriculture Analytics Market, By Farm Size
6.2.1 Small Sized Farms
6.2.2 Medium Sized Farms
6.2.3 Large Sized Farms
6.2.4 Market Size Estimations & Forecasts (2019-2024)
6.2.5 Y-o-Y Growth Rate Analysis
6.2.6 Market Attractiveness Index
6.3 Agriculture Analytics Market, By Application
6.3.1 Live Stock Analytics
6.3.2 Farm Analytics
6.3.3 Aquaculture Analytics
6.3.4 Market Size Estimations & Forecasts (2019-2024)
6.3.5 Y-o-Y Growth Rate Analysis
6.3.6 Market Attractiveness Index
6.4 Agriculture Analytics Market, By Deployment Types
6.4.3 Market Size Estimations & Forecasts (2019-2024)
6.4.4 Y-o-Y Growth Rate Analysis
6.4.5 Market Attractiveness Index
7. Geographical Landscape
7.1 Global Identity Governance and Administration Market, by Region
7.2 North America - Market Analysis (2018 - 2024)
7.2.1 By Country
7.2.2 By Component
7.2.3 By Farm Size
7.2.4 By Application
7.2.5 By Deployment Types
7.3.1 By Country
220.127.116.11 Rest of Europe
7.3.2 By Component
7.3.3 By Farm Size
7.3.4 By Application
7.3.5 By Deployment Types
7.4 Asia Pacific
7.4.1 By Country
18.104.22.168 South Korea
22.214.171.124 South East Asia
126.96.36.199 Australia & NZ
188.8.131.52 Rest of Asia-Pacific
7.4.2 By Component
7.4.3 By Farm Size
7.4.4 By Application
7.4.5 By Deployment Types
7.5 Latin America
7.5.1 By Country
184.108.40.206 Rest of Latin America
7.5.2 By Component
7.5.3 By Farm Size
7.5.4 By Application
7.5.5 By Deployment Types
7.6 Middle East and Africa
7.6.1 By Country
220.127.116.11 Middle East
7.6.2 By Component
7.6.3 By Farm Size
7.6.4 By Application
7.6.5 By Deployment Types
8. Key Player Analysis
8.1 Agribotix LLC
8.1.1 Business Description
8.1.4 SWOT Analysis
8.1.5 Recent Developments
8.1.6 Analyst Overview
8.2 Agrivi Ltd.
8.3 aWhere Inc
8.4 Conservis Corporation
8.5 Deere Company
8.6 De Laval Inc
8.7 DNT Ltd.
8.8 Farmers Business Network Inc
8.9 Farmers Edge Inc.
8.10 Granular Inc.
9. Market Outlook & Investment Opportunities
List of Tables
List of Figures