Farming as a Service Market is predicted to reach USD ~11.5 billion at a CAGR of ~15.30% during the forecast period 2023 to 2032.

Market Research Future (MRFR) has published a Half cooked research report on the “Global Farming as a Service Market” that contains information from 2018 to 2032. The Farming as a Service market is estimated to register a CAGR of 15.30% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Farming as a Service market— apollo agriculture, Accenture, Mahindra & Mahindra Ltd., Precision Hawk, Deere & Company, Taranis, 63Ideas Infolabs Private Limited, Trimble Inc., SGS Société Générale de Surveillance SA, BigHaat.com

Market Highlights

The global Farming as a Service market is accounted to register a CAGR of 15.30% during the forecast period and is estimated to reach USD 11.5 Billion by 2032.

"Farming as a service" refers to the market for technologically based services provided to the agricultural sector. It makes use of IoT devices, data analytics, and automation to enhance farm production, resource management, crop monitoring, and precision agriculture practises. Through this method, farmers can get on-demand help and solutions.

Segment Analysis

The global farming as a service market has been segmented based service type, delivery model, and end user.

On the basis of service type, the market is segmented into farm management solutions, production assistance, and access to markets. Farm management solutions segment dominated the global market in 2022. This is due to the increased acceptance of precision farming as a means of addressing the global need for high-quality food products.

Based on delivery model, the global farming as a service market has been segmented into subscription and pay-per-use. Subscription segment dominated the global Farming as a Service market in 2022. Farmers that use subscription services can rent or lease farming equipment for a set length of time, such as three to four months.

Based on end user, the global farming as a service market has been segmented into corporate, financial institutions, advisory bodies, farmers, and governments. Farmers segment dominated the global market in 2022. All service types, including those for farm management and market access, are used by the farmers.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Farming as a Service Market Research Report

Regional Analysis

The global Farming as a Service market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Farming as a Service market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Farming as a Service market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Farming as a Service market comprises of Middle East, Africa, and Latin America.

Between 2023 and 2032, the North American Farming as a Service Market is anticipated to expand significantly. More frequently than other nations, the majority of the region's countries use automation and control systems, and the development of smart farming techniques has increased demand for agriculture farming-as-a-service. These elements work together to explain the region's sizable market share.

Moreover, in 2022, the Europe Farming as a Service market held a sizable market share. Approximately 23% of the agricultural output of the E-15 is contributed by France, with Germany and Italy coming in second and third, respectively. Cotton, non-seasonal fruits and vegetables, chocolate, tea, spices, soy products, coffee, and tea are among Europe's top agricultural exports. In Europe, the use of FaaS technologies is common to track both the quantity and quality of the commodities.

Additionally, the Asia Pacific Farming as a Service market dominated this market in 2022 (45.80%). The growth-promoting agro-based countries like Bangladesh, China, and India rely heavily on agriculture for their GDPs. The main causes of the growth are an increase in food consumption and an increase in local population.

Furthermore, the rest of the world's Farming as a Service market is divided into the Middle East, Africa, and Latin America. In Latin America, the market for farming services is growing as the sector adopts technology based solutions. Due to reasons like the need for higher production, resource efficiency, and sustainable practises, the region is implementing farming as a service. Farmers in Latin America are utilising IoT devices, data analytics, and precision agriculture technologies to maximise crop yields and improve operational efficiency.

Key Findings of the Study

• The global Farming as a Service market is expected to reach USD 11.5 Billion by 2032, at a CAGR of 15.30% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market due to Agro-based economies like India, China, and Bangladesh, which are driving the rise, depend mostly on agriculture for their GDPs.


• Based on End User, the farmers segment was attributed to holding the largest market in 2022.


• apollo agriculture, Accenture, Mahindra & Mahindra Ltd., Precision Hawk, Deere & Company, Taranis, 63Ideas Infolabs Private Limited, Trimble Inc., SGS Société Générale de Surveillance SA, BigHaat.com