According to recent findings, 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.
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Farming as a Service Overview:
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.
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Global Farming as a Service Segmentation Analysis:
By Solution
- Farm Management- Market Size Forecast 2018-2028F, USD Million
- Information Sharing- Market Size Forecast 2018-2028F, USD Million
- Analytics- Market Size Forecast 2018-2028F, USD Million
- Precision Farming Tools- Market Size Forecast 2018-2028F, USD Million
- Production Assistance- Market Size Forecast 2018-2028F, USD Million
- Equipment Rentals- Market Size Forecast 2018-2028F, USD Million
- Labor Services- Market Size Forecast 2018-2028F, USD Million
- Utility Services- 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
By Region
- North America
- South America
- Middle East Africa
- Europe
- Asia-Pacific.
According to reports, North America dominates the market with the largest revenue share, and the same trend is likely to be followed over the forecast years.
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Some of the Market players in the Global Farming as a Service are:
- 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
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Research Methodology Summary
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Key Steps:
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