Agriculture Analytics Market

Rising food prices are driving the market growth

Agriculture analytics manages and automates farming activities like crops, fields, livestock, and others by utilizing cutting-edge technologies like big data, artificial intelligence, cloud computing, and the Internet of Things. The increasing demand for food is driving the adoption of cutting-edge solutions in farming. According to the UN, the planet will have 9 point 8 billion people in 2050. Future food demand will increase by a factor of two due to the population's rapid growth. Consequently, the agriculture industry is anticipated to address the challenges in the future with the adoption of agriculture analytics technology.

Similar trends can be seen in the shrinking amount of arable land. The agricultural land is severely impacted by population growth, urbanization, water scarcity, and climate change. Businesses and the government are promoting urban and vertical farming to manage the rising food demand. The demand for agricultural analytics solutions is driven by using vacant land and structures to structure vertical columns for crop yielding. The technology also provides alerts and insights on various topics, including soil quality, field planning, breeding management, and irrigation management. In addition to reducing damage, this promotes the growth of high-quality crops.

After gathering hundreds of images of field crops, analytics in agriculture offers significant actionable information and reports on farming, and the use of sensors and analytics helps to reduce crop spoilage and food-borne illness. Agriculture supply chains have also benefited from analytics in agriculture. It offers a platform for enhancing the flow of agricultural goods from the field to the market. population growth has compelled us to consider food security. Agriculture analytics are increasingly in demand due to rising food prices and the need to maintain a healthy agricultural yield.

The market is expected to grow due to the increasing number of crop failures caused by climate change and other environmental factors. The market has also been boosted by the increasing efforts made by different governments to deploy and adopt modern agricultural techniques. However, most farmers need more experience with agricultural data and analytics, which could contribute to a market slowdown. Thus, driving the agriculture analytics market revenue.

The Global Agriculture Analytics Market Industry is poised for substantial growth in the coming years. Projections indicate that the market will reach 3.32 USD Billion in 2024 and is expected to expand to 4.62 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate of 3.05% from 2025 to 2035. The increasing adoption of data-driven agricultural practices, coupled with advancements in technology and supportive government policies, suggests a promising outlook for the industry. As stakeholders recognize the value of analytics in enhancing agricultural productivity, the market is likely to flourish.

Government initiatives play a pivotal role in shaping the Global Agriculture Analytics Market Industry. Various countries are implementing policies aimed at promoting agricultural innovation and sustainability. For example, subsidies for technology adoption and funding for research in agricultural analytics are becoming more prevalent. These initiatives not only encourage farmers to invest in analytics solutions but also enhance the overall infrastructure for data collection and analysis. As a result, the market is anticipated to grow steadily, with projections indicating a value of 4.62 USD Billion by 2035, reflecting the positive impact of government support on industry expansion.

Sustainability and environmental awareness are becoming central themes in the Global Agriculture Analytics Market Industry. As consumers demand more sustainable farming practices, analytics tools are being utilized to monitor and reduce the environmental impact of agriculture. This includes tracking carbon emissions, water usage, and soil health. By leveraging data analytics, farmers can implement practices that not only enhance productivity but also promote environmental stewardship. The growing emphasis on sustainability is likely to drive market growth, as stakeholders increasingly seek solutions that align with eco-friendly practices.

The Global Agriculture Analytics Market Industry is experiencing a surge in demand for precision agriculture solutions. Farmers are increasingly adopting data-driven practices to enhance crop yields and optimize resource utilization. For instance, the integration of satellite imagery and IoT devices allows for real-time monitoring of soil health and crop conditions. This trend is projected to contribute to the market's growth, with the industry expected to reach 3.32 USD Billion in 2024. As farmers seek to improve efficiency and sustainability, the adoption of analytics tools is likely to expand, driving the overall market forward.

Technological advancements are transforming the Global Agriculture Analytics Market Industry by enabling more sophisticated data analysis techniques. Innovations such as machine learning and artificial intelligence are being integrated into agricultural analytics, allowing for predictive modeling and enhanced decision-making. These technologies facilitate the analysis of vast datasets, leading to more accurate forecasts and improved operational efficiency. As farmers increasingly recognize the value of these advanced analytics tools, the market is expected to witness a compound annual growth rate of 3.05% from 2025 to 2035, indicating a robust future for the industry.

The Global Agriculture Analytics Market Industry is significantly influenced by the rising global population and the corresponding food security challenges. As the world population continues to grow, the demand for food is expected to increase, necessitating more efficient agricultural practices. Analytics tools enable farmers to make informed decisions regarding crop management, pest control, and resource allocation. This is particularly crucial in regions facing food shortages. The market's growth is likely to be sustained as analytics solutions provide the necessary insights to enhance productivity and ensure food security for the growing population.

By Region, the study provides market insights into North America, Europe, Asia-Pacific and the Rest of the World. The Asia-Pacific Agriculture Analytics Market is expected to grow at the fastest CAGR from 2023 to 2032. The demand for agriculture analytics will likely be fueled by the expanding government initiative to digitalize and advance farming practices. The rapid population growth in nations like China, Japan, and India also encourages the adoption of cutting-edge technologies to increase yield.

Because there are fewer water resources available in most areas, the Middle East and Africa will experience a significant increase in the adoption of agriculture analytics. With the least amount of water waste possible, crop irrigation can be managed using agriculture analytics.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 3: AGRICULTURE ANALYTICS MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe’s agriculture analytics market accounts for the second-largest market share due to growing agricultural production, rising investments in digital agriculture practices, and rising adoption of advanced farming technologies in this region. Further, the German agriculture analytics market held the largest market share, and the UK agriculture analytics market was the fastest-growing market in the European region.

North American agriculture analytics market will dominate, with market share over the anticipated period. The region's dense concentration of cloud computing, big data analytics, artificial intelligence, and other technology providers is fueling the market's expansion. Due to the early adoption of technologies across all industries, the US is likely to dominate the market. Europe will also experience significant growth during the prediction period. The rising demand for fresh, high-quality food is driving the adoption of agriculture analytics in the farming sector.

Moreover, the Canada agriculture analytics market held the largest market share, and the US agriculture analytics market was the fastest-growing market in the North American region.

Leading market players are investing heavily in research and development to expand their product lines, which will help the agriculture analytics market grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. The agriculture analytics industry must offer cost-effective items to expand and survive in a more competitive and rising market climate.

Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the agriculture analytics industry to benefit clients and increase the market sector. In recent years, the agriculture analytics industry has offered some of the most significant advantages to medicine.

Major players in the agriculture analytics market, including Deere & Company (US), IBM (US), SAP SE (Germany), Trimble (US), Monsanto (US), Oracle (US), Accenture (Ireland), Iteris (US), Taranis (Israel), Agribotix (US), Agrivi (UK), DTN (US), aWhere (US), Conservis Corporation (US), DeLaval (Sweden), FBN (US), Farmers Edge (US), GEOSYS (US), Granular (US), Gro Intelligence (US, and others, are attempting to increase market demand by investing in research and development operations.

SAP SE (Germany) We are redefining ERP and building networks of intelligent enterprises that provide transparency, resiliency, and sustainability across supply chains to help businesses of all sizes and industries run better. We are the market leader in enterprise application software. Our customers can operate profitably, continuously adapt, and make a difference globally thanks to our comprehensive suite of applications and services. One of the world's top software developers for business process management, SAP creates products that streamline efficient data processing and information exchange between organizations.

The business was founded in 1972 and was initially known as System Analysis Program Development (Systemanalyse Programmentwicklung), later becoming SAP. Since then, it has expanded from a five-person startup to a corporation with over 105,000 staff members based in Walldorf, Germany.

IBM (US), To assist clients in finding solutions to their most pressing business problems, we combine all required technology and services, regardless of where those solutions originate. When clients pursue the digital transformation of the world's mission-critical businesses, IBM integrates technology and expertise, offering infrastructure, software (including market-leading Red Hat), and consulting services. We continued our history of sustainability leadership in 2021 when we declared a target of net-zero greenhouse gas emissions across all the nations where we do business by 2030.