The Farming as a Service Market is set to grow at around 15.3% CAGR during 2022-27, predicts MarkNtel Advisors in their recent research study. It comprises a comprehensive analysis of the industry’s latest trends, developments, drivers, restraints, challenges, & opportunities, as well as its projected growth trajectory across different segments & geographies in the forecast years.

Further, the report also highlights the prominent aspects depicted in the form of diagrams, pie charts, tables, graphs, & other pictorial representations that would contribute to the market expansion in the future. Through this information, stakeholders will be able to comprehend the changing dynamics of the Farming as a Service Market and better plan & layout strategies in order to widen their visibility, product portfolio, & customer base and yield massive profits. In the report, the historical period considered is 2017-20, the base year 2021, and the forecast period, as cited above, is 2022-27.

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Key Highlights from the Farming as a Service Market Analysis –

➤This study is a compilation of key factors impacting the industry dynamics, including growth drivers, restraints, opportunities, challenges, and emerging & high-potential segments & geographies, among others.

➤Detail-driven, accurate, and reliable information associated with the latest trends in the industry to help stakeholders or investors make informed decisions before they make investments.

➤A comprehensive review of the leading companies in the Farming as a Service Market, comprising their profiles, recent developments, prominent business strategies, initiatives, and mergers & acquisitions, among other aspects.

➤Fund estimation put in by private firms & governments for the industry’s expansion, along with insights into each segment & geographic location, are also covered in this report.

Latest Trends Running in Farming as a Service Market –

The agricultural sector and technology are working together to meet the growing demand for farming as a service. Numerous start-ups have been developed around the world to raise awareness of farming services, solutions, and technology among small- and mid-sized farm businesses. The start-ups offer farming services based on a pay-per-use model, giving farmers a cost-effective choice and lowering the significant investment risk. Additionally, these start-ups help farmers by lending low-income farmers technology and analytical assistance to increase their output yield. For Instance,

• Infarm-urban farming startup founded in 2013 that combines vertical farms with IoT technologies and machine learning
• Microsoft India has launched the Agritech startup program that provides solutions and provides a series of benefits from technical support to income generation support to the farmers.
• Earth Sense agricultural intelligence had created the robot- TerraSentia that collects accuracy, speed, and cost data of in-field plants that have under-canopy traits that other technologies unable to measure.

Farming as a Service Market Segmentation:

The segmentation analysis section of the report focuses on the Farming as a Service Market performance across different segments & geographies, which can aid stakeholders in strategizing their investments in order to widen their visibility, product portfolio, & customer base and, in turn, generate significant revenue in the forecast years.

Market Divided into, By Solution

-Farm Management

–Information Sharing

–Analytics

–Precision Farming Tools

-Production Assistance

–Equipment Rentals

–Labor Services

–Utility Services

-Access to Markets

Market Divided into, By Delivery Model

-Pay-per-use

-Subscription

Market Divided into, By End Users

-Farmers

-Government

-Corporate

-Financial Institutions

-Advisory Bodies

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Geographically, the Farming as a Service Market expands across regions: –

-North America

-South America

-Asia-Pacific

–Middle East & Africa

-Europe

(North America dominates the market with the largest revenue share, and the same trend is likely to be followed over the forecast years. It owes principally to the growing use of FaaS models to boost farm productivity across the region.)

Competitive Landscape:

Under this section, detailed information on company profiles, investments & revenue generated, strategic initiatives, geographical presence, and production or service capacities, among other aspects, have been examined. All insights into companies have been curated only after thoroughly studying their hold in the industry to help investors make informed decisions before investing.

-Trimble

-Em3

-Apollo

-John Deere

-Accenture

-SGS

-Taranis

-PrecisionHawk

-IBM

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Note: MarkNtel Advisors also offers customized reports where our dedicated analysts & domain-specific specialists strive to add value while curating tailored reports to cater to the varied requirements of clients so that they can make sound decisions before investing in the industry.

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