North America Agriculture Technology As A Service Market Forecast 2023-2032
Market Report I 2023-10-02 I 166 Pages I Inkwood Research
KEY FINDINGS
The North America Agriculture Technology as a Service market is expected to grow at a CAGR of 16.44% during the forecast period 2023-2032. The continuous growth in hybrid crop production and the ongoing technological advancements in agriculture present substantial opportunities for market expansion.
MARKET INSIGHTS
In order to estimate the growth of North America agriculture technology as a service market, Canada and the United States are assessed. In 2021, there were 2.01 million farms in the United States, occupying 895 million acres of land, with a 445-acre average farm size, according to a recent assessment by the USDA Economic Research Service. By 2050, the USDA aims to boost agricultural output in the country by 40% while halving its impact on the environment. The National Institute of Food and Agriculture (NIFA) Sustainable Agriculture System initiative, which the USDA announced investment under, will invest roughly $146 million in sustainable agriculture research projects to build and enhance the country's climate-smart food and agriculture system.
In Canada, a survey from February 2022 found that in order to help farmers control and minimize the climate effect of their agricultural activities, the government allocated $182.7 million to partner groups through the Ontario Soil and Crop Improvement Association. The need for agriculture technology as a service market in Canada has expanded as a result of such government initiatives and programs to strengthen the entire agriculture sector. A significant part of the Canadian economy is contributed by the agriculture and agri-food sector. The agriculture sector contributed $134.9 billion, or approximately 6.8%, of Canada's GDP. Hence, these factors are set to boost the market growth in North America during the forecast period.
COMPETITIVE INSIGHTS
Some of the leading firms in the market are Deere & Company, AGCO Corporation, etc.
Our report offerings include:
- Explore key findings of the overall market
- Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
- Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
- Market Segmentation caters to a thorough assessment of key segments with their market estimations
- Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
- Key analytics: Porter's Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
- Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
- Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
TABLE OF CONTENTS
1. RESEARCH SCOPE & METHODOLOGY
1.1. STUDY OBJECTIVES
1.2. METHODOLOGY
1.3. ASSUMPTIONS & LIMITATIONS
2. EXECUTIVE SUMMARY
2.1. MARKET SIZE & ESTIMATES
2.2. MARKET OVERVIEW
2.3. SCOPE OF STUDY
2.4. CRISIS SCENARIO ANALYSIS
2.5. MAJOR MARKET FINDINGS
2.5.1. AUTOMATION IS BECOMING AN INTEGRAL PART OF THE AGRICULTURAL SECTOR
2.5.2. RISE OF CORPORATE FARMING IN THE REGION
2.5.3. CONCERNS REGARDING DATA PRIVACY AND DATA OWNERSHIP
3. MARKET DYNAMICS
3.1. KEY DRIVERS
3.1.1. INCREASED DEMAND FOR FOOD PRODUCTION
3.1.2. ECONOMIC NECESSITY OF PRECISION AGRICULTURE
3.1.3. NEED FOR MINIMAL CAPITAL INVESTMENT
3.1.4. INNOVATION AND TECHNOLOGICAL ADVANCEMENTS IN AGRICULTURE
3.2. KEY RESTRAINTS
3.2.1. LACK OF TECHNICAL EXPERTISE AMONG FARMERS
3.2.2. POOR CONNECTIVITY IMPACTS TECHNOLOGICAL SERVICES
4. KEY ANALYTICS
4.1. KEY MARKET TRENDS
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1. BUYERS POWER
4.2.2. SUPPLIERS POWER
4.2.3. SUBSTITUTION
4.2.4. NEW ENTRANTS
4.2.5. INDUSTRY RIVALRY
4.3. GROWTH PROSPECT MAPPING
4.4. MARKET CONCENTRATION ANALYSIS
4.5. KEY BUYING CRITERIA
4.5.1. DATA ANALYSIS
4.5.2. CONNECTIVITY
4.5.3. DATA SECURITY
4.5.4. DATA COLLECTION FREQUENCY
5. MARKET BY TECHNOLOGY
5.1. DATA ANALYTICS & INTELLIGENCE
5.2. GUIDANCE TECHNOLOGY
5.3. SENSING TECHNOLOGY
5.4. VARIABLE RATE APPLICATION TECHNOLOGY
5.5. OTHER TECHNOLOGIES
6. MARKET BY TYPE
6.1. SOFTWARE AS A SERVICE (SAAS)
6.2. EQUIPMENT AS A SERVICE (EAAS)
7. MARKET BY APPLICATION
7.1. YIELD MAPPING AND MONITORING
7.2. SOIL MANAGEMENT
7.3. CROP HEALTH MANAGEMENT
7.4. NAVIGATION AND POSITIONING
7.5. OTHER APPLICATIONS
8. GEOGRAPHICAL ANALYSIS
8.1. NORTH AMERICA
8.1.1. MARKET SIZE & ESTIMATES
8.1.2. NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET DRIVERS
8.1.3. NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET CHALLENGES
8.1.4. KEY PLAYERS IN NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET
8.1.5. COUNTRY ANALYSIS
8.1.5.1. UNITED STATES
8.1.5.1.1. UNITED STATES AGRICULTURE TECHNOLOGY AS A SERVICE MARKET SIZE & OPPORTUNITIES
8.1.5.2. CANADA
8.1.5.2.1. CANADA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET SIZE & OPPORTUNITIES
9. COMPETITIVE LANDSCAPE
9.1. KEY STRATEGIC DEVELOPMENTS
9.1.1. PRODUCT LAUNCHES & DEVELOPMENTS
9.1.2. PARTNERSHIPS AND AGREEMENTS
9.1.3. MERGERS & ACQUISITIONS
9.2. COMPANY PROFILES
9.2.1. ACCENTURE
9.2.1.1. COMPANY OVERVIEW
9.2.1.2. PRODUCTS / SERVICES LIST
9.2.1.3. STRENGTHS & CHALLENGES
9.2.2. AGCO CORPORATION
9.2.2.1. COMPANY OVERVIEW
9.2.2.2. PRODUCTS / SERVICES LIST
9.2.2.3. STRENGTHS & CHALLENGES
9.2.3. AGRIVI LTD
9.2.3.1. COMPANY OVERVIEW
9.2.3.2. PRODUCTS / SERVICES LIST
9.2.4. AIRBUS SAS
9.2.4.1. COMPANY OVERVIEW
9.2.4.2. PRODUCTS / SERVICES LIST
9.2.4.3. STRENGTHS & CHALLENGES
9.2.5. AT&T
9.2.5.1. COMPANY OVERVIEW
9.2.5.2. PRODUCTS / SERVICES LIST
9.2.5.3. STRENGTHS & CHALLENGES
9.2.6. CERES IMAGING
9.2.6.1. COMPANY OVERVIEW
9.2.6.2. PRODUCTS / SERVICES LIST
9.2.7. CLAAS KGAA MBH
9.2.7.1. COMPANY OVERVIEW
9.2.7.2. PRODUCTS / SERVICES LIST
9.2.7.3. STRENGTHS & CHALLENGES
9.2.8. DEERE & COMPANY
9.2.8.1. COMPANY OVERVIEW
9.2.8.2. PRODUCTS / SERVICES LIST
9.2.8.3. STRENGTHS & CHALLENGES
9.2.9. FUJITSU
9.2.9.1. COMPANY OVERVIEW
9.2.9.2. PRODUCTS / SERVICES LIST
9.2.9.3. STRENGTHS & CHALLENGES
9.2.10. HEXAGON AB
9.2.10.1. COMPANY OVERVIEW
9.2.10.2. PRODUCTS / SERVICES LIST
9.2.10.3. STRENGTHS & CHALLENGES
9.2.11. IBM CORPORATION
9.2.11.1. COMPANY OVERVIEW
9.2.11.2. PRODUCTS / SERVICES LIST
9.2.11.3. STRENGTHS & CHALLENGES
9.2.12. MICROSOFT CORPORATION
9.2.12.1. COMPANY OVERVIEW
9.2.12.2. PRODUCTS / SERVICES LIST
9.2.12.3. STRENGTHS & CHALLENGES
9.2.13. RAVEN INDUSTRIES (ACQUIRED BY CNH INDUSTRIAL NV)
9.2.13.1. COMPANY OVERVIEW
9.2.13.2. PRODUCTS / SERVICES LIST
9.2.13.3. STRENGTHS & CHALLENGES
9.2.14. TOPCON CORPORATION
9.2.14.1. COMPANY OVERVIEW
9.2.14.2. PRODUCTS / SERVICES LIST
9.2.14.3. STRENGTHS & CHALLENGES
9.2.15. TRIMBLE INC
9.2.15.1. COMPANY OVERVIEW
9.2.15.2. PRODUCTS / SERVICES LIST
9.2.15.3. STRENGTHS & CHALLENGES
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT - AGRICULTURE TECHNOLOGY AS A SERVICE
TABLE 2: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 3: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY TECHNOLOGY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 4: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY TYPE, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 5: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY TYPE, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 6: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY APPLICATION, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 7: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY APPLICATION, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 8: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY COUNTRY, HISTORICAL YEARS, 2018-2022 (IN $ MILLION)
TABLE 9: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY COUNTRY, FORECAST YEARS, 2023-2032 (IN $ MILLION)
TABLE 10: LEADING PLAYERS OPERATING IN NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET
TABLE 11: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 12: LIST OF PARTNERSHIPS AND AGREEMENTS
TABLE 13: LIST OF MERGERS & ACQUISITIONS
LIST OF FIGURES
FIGURE 1: KEY TECHNOLOGY TRENDS
FIGURE 2: PORTER'S FIVE FORCES ANALYSIS
FIGURE 3: GROWTH PROSPECT MAPPING FOR NORTH AMERICA
FIGURE 4: MARKET MATURITY ANALYSIS
FIGURE 5: MARKET CONCENTRATION ANALYSIS
FIGURE 6: KEY BUYING CRITERIA
FIGURE 7: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, GROWTH POTENTIAL, BY TECHNOLOGY, IN 2022
FIGURE 8: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY DATA ANALYTICS & INTELLIGENCE, 2023-2032 (IN $ MILLION)
FIGURE 9: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY GUIDANCE TECHNOLOGY, 2023-2032 (IN $ MILLION)
FIGURE 10: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY SENSING TECHNOLOGY, 2023-2032 (IN $ MILLION)
FIGURE 11: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY VARIABLE RATE APPLICATION TECHNOLOGY, 2023-2032 (IN $ MILLION)
FIGURE 12: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY OTHER TECHNOLOGIES, 2023-2032 (IN $ MILLION)
FIGURE 13: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, GROWTH POTENTIAL, BY TYPE, IN 2022
FIGURE 14: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY SOFTWARE AS A SERVICE (SAAS), 2023-2032 (IN $ MILLION)
FIGURE 15: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY EQUIPMENT AS A SERVICE (EAAS), 2023-2032 (IN $ MILLION)
FIGURE 16: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, GROWTH POTENTIAL, BY APPLICATION, IN 2022
FIGURE 17: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY YIELD MAPPING AND MONITORING, 2023-2032 (IN $ MILLION)
FIGURE 18: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY SOIL MANAGEMENT, 2023-2032 (IN $ MILLION)
FIGURE 19: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY CROP HEALTH MANAGEMENT, 2023-2032 (IN $ MILLION)
FIGURE 20: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY NAVIGATION AND POSITIONING, 2023-2032 (IN $ MILLION)
FIGURE 21: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, BY OTHER APPLICATIONS, 2023-2032 (IN $ MILLION)
FIGURE 22: NORTH AMERICA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, COUNTRY OUTLOOK, 2022 & 2032 (IN %)
FIGURE 23: UNITED STATES AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, 2023-2032 (IN $ MILLION)
FIGURE 24: CANADA AGRICULTURE TECHNOLOGY AS A SERVICE MARKET, 2023-2032 (IN $ MILLION)
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.