The Europe Agriculture Analytics Market should witness market growth of 12.9% CAGR during the forecast period (2023-2030).
The increasing adoption of digital technologies such as the internet, data analytics, mobile technologies and devices, digitally delivered services, artificial intelligence, and mobile applications in agriculture will likelycreate lucrative possibilities for the market. In addition, a high internet penetration rate combined with flourishing smartphone sales, particularly in developing economies, is anticipated to increase the use of digital services offered, thereby generating a vast quantity of data that can be utilized for analytical applications.
In addition, supportive government policies and a significant drive for digitization in agriculture by governments in a variety of countries will likely increase the adoption of analytics services in the future years. In addition, partnerships between the public and private sectors are likely to develop more advanced infrastructure to support the digital push in the agriculture industry.
The government and other authorities are implementing initiatives to promote the adoption of advanced technologies in the European agriculture sector. For instance, the implementation of the European Data Act. The European data act requires the European Commission to promote the implementation of a common European agricultural data space, thereby facilitating the sharing and merging of agricultural data in a trustworthy manner. The data space should enhance the agricultural sector's economic and environmental performance. This necessitates both the facilitation of data sharing and the establishment of reasonable, transparent regulations governing data use and access. All of these factors are anticipated to eventually contribute to the expansion of the regional market.
The Germany market dominated the Europe Agriculture Analytics Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $217.3 million by 2030. The UK market is exhibiting a CAGR of 11.9% during (2023-2030). Additionally, The France market would experience a CAGR of 13.7% during (2023-2030).
Based on Offering, the market is segmented into Solution and Services. Based on Agriculture Type, the market is segmented into Precision Farming, Livestock Farming, Aquaculture Farming, Vertical Farming and Others. Based on End-user, the market is segmented into Farmers, Agronomists, Agribusinesses, Agricultural Researchers and Government Agencies & Others. Based on Farm Size, the market is segmented into Large Farms and Small & Medium-Sized Farms. Based on Technology, the market is segmented into Remote Sensing & Satellite Imagery, Geographic Information System, Robotics & Automation, Big Data & Cloud Computing, Visualization & Reporting, Blockchain Technology and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, SAP SE, Oracle Corporation, Accenture PLC, SAS Institute, Inc., Tetra Laval International S.A. (DeLaval), Deere & Company, Bayer AG, Iteris, Inc. and Trimble, Inc.
The increasing adoption of digital technologies such as the internet, data analytics, mobile technologies and devices, digitally delivered services, artificial intelligence, and mobile applications in agriculture will likelycreate lucrative possibilities for the market. In addition, a high internet penetration rate combined with flourishing smartphone sales, particularly in developing economies, is anticipated to increase the use of digital services offered, thereby generating a vast quantity of data that can be utilized for analytical applications.
In addition, supportive government policies and a significant drive for digitization in agriculture by governments in a variety of countries will likely increase the adoption of analytics services in the future years. In addition, partnerships between the public and private sectors are likely to develop more advanced infrastructure to support the digital push in the agriculture industry.
The government and other authorities are implementing initiatives to promote the adoption of advanced technologies in the European agriculture sector. For instance, the implementation of the European Data Act. The European data act requires the European Commission to promote the implementation of a common European agricultural data space, thereby facilitating the sharing and merging of agricultural data in a trustworthy manner. The data space should enhance the agricultural sector's economic and environmental performance. This necessitates both the facilitation of data sharing and the establishment of reasonable, transparent regulations governing data use and access. All of these factors are anticipated to eventually contribute to the expansion of the regional market.
The Germany market dominated the Europe Agriculture Analytics Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $217.3 million by 2030. The UK market is exhibiting a CAGR of 11.9% during (2023-2030). Additionally, The France market would experience a CAGR of 13.7% during (2023-2030).
Based on Offering, the market is segmented into Solution and Services. Based on Agriculture Type, the market is segmented into Precision Farming, Livestock Farming, Aquaculture Farming, Vertical Farming and Others. Based on End-user, the market is segmented into Farmers, Agronomists, Agribusinesses, Agricultural Researchers and Government Agencies & Others. Based on Farm Size, the market is segmented into Large Farms and Small & Medium-Sized Farms. Based on Technology, the market is segmented into Remote Sensing & Satellite Imagery, Geographic Information System, Robotics & Automation, Big Data & Cloud Computing, Visualization & Reporting, Blockchain Technology and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, SAP SE, Oracle Corporation, Accenture PLC, SAS Institute, Inc., Tetra Laval International S.A. (DeLaval), Deere & Company, Bayer AG, Iteris, Inc. and Trimble, Inc.
Scope of the Study
By Offering
- Solution
- Services
By Agriculture Type
- Precision Farming
- Livestock Farming
- Aquaculture Farming
- Vertical Farming
- Others
By End-user
- Farmers
- Agronomists
- Agribusinesses
- Agricultural Researchers
- Government Agencies & Others
By Farm Size
- Large Farms
- Small & Medium-Sized Farms
By Technology
- Remote Sensing & Satellite Imagery
- Geographic Information System
- Robotics & Automation
- Big Data & Cloud Computing
- Visualization & Reporting
- Blockchain Technology
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- IBM Corporation
- SAP SE
- Oracle Corporation
- Accenture PLC
- SAS Institute, Inc.
- Tetra Laval International S.A. (DeLaval)
- Deere & Company
- Bayer AG
- Iteris, Inc.
- Trimble, Inc.
Unique Offerings
- Exhaustive coverage
- The highest number of Market tables and figures
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- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market as a Glance
Chapter 3. Market Overview
Chapter 4. Competition Analysis - Global
Chapter 5. Europe Agriculture Analytics Market by Offering
Chapter 6. Europe Agriculture Analytics Market by Agriculture Type
Chapter 7. Europe Agriculture Analytics Market by End User
Chapter 8. Europe Agriculture Analytics Market by Farm Size
Chapter 9. Europe Agriculture Analytics Market by Technology
Chapter 10. Europe Agriculture Analytics Market by Country
Chapter 11. Company Profiles
Companies Mentioned
- IBM Corporation
- SAP SE
- Oracle Corporation
- Accenture PLC
- SAS Institute, Inc.
- Tetra Laval International S.A. (DeLaval)
- Deere & Company
- Bayer AG
- Iteris, Inc.
- Trimble, Inc.
Methodology
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