Farming as a Service Market Overview and Insights:

According to MarkNtel Advisors Report, 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.

Farming as a Service Market research is an ongoing process. Consistent monitoring and evaluating of market dynamics to stay informed and adapt your strategies accordingly. As a market research and consulting firm, we offer market research reports that focus on major parameters including Target Market Identification, Customer Needs and Preferences, Thorough Competitor Analysis, Market Size & Market Analysis, and other major factors. At the end, we do provide meaningful insights and actionable recommendations that inform decision-making and strategy development.

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Key Takeaways: Beneficial for Stakeholders and Clients:

• Historical Data: 2018-21
• Base Year: 2022
• Forecast Period: 2023-2028

Growth Opportunity: Increasing Number of AgriTech Start-ups Promoting Modern Agriculture Practices?

With the integration of advanced technologies like the Internet of Things (IoT), remote sensing, Big Data, Cloud Computing, Artificial Intelligence (AI), image analytics & processing, Machine Learning (ML) into farming practices, coupled with the growing use of drones, AG-robots, etc., to bring efficiency in the agriculture sector, the adoption of Farming-as-a Service is anticipated to rise significantly among farmers during the forecast period and generate lucrative growth opportunities for the leading players in the industry.

Who are the Key Players Operating in the Farming as a Service Industry?

The top companies of the Farming as a Service market ruling the industry 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
• Others

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What is Included in Farming as a Service Market Segmentation?

The report has segmented the market into the following categories:

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

Of both, Subscription-based Farming-as-a-Service holds immense potential to display in the coming years. It is a great alternative to conventional methods of selling or leasing goods, in which every purchase is treated as an individual transaction. In the subscription-based model, farmers can pay for the product or service periodically for as long as they require it without the need for a future continuation. Additionally, several companies are encouraging the adoption of subscription-based services to alleviate the risks associated with a decline in business activities and yield more consistent revenue.

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

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Frequently Asked Questions (FAQs)-

• What are the industry's overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
• What are the trends influencing the current scenario of the market?
• How has the Farming as a Service industry been evolving in terms of geography & adoption?
• Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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