Market Snapshot:
Farmers can use big data to get detailed information on rainfall patterns, water cycles, fertilizer needs, and other topics. This allows them to make informed decisions about what crops to plant and when to harvest for maximum revenue. Farm yields improve as a result of good judgments. In agriculture, data analysis is being used to improve the cost-effectiveness and efficiency of every step of the agricultural lifecycle. At every point of the value chain, the impact can be felt, from crop selection through cultivation method, harvesting, and supply chain management. Farm owners and managers now have access to large amounts of crop data in real time as a result of sensors and linked equipment interacting with one another on the farm. Agriculture is using big data to change livestock care, produce efficient risk assessment modules, democratise the promise of urban farming, and catalyze resource efficiency (land and labor).
Market Drivers
- Growing Adoption Of Big Data Iot Sensors Transforming Livestock Care
- The Adoption Of Agriculture Analytics Solution In Large Enterprises
Market Trend
- Increasing Investments In The Digital Agriculture
Restraints
- High Cost Associated Of Gathering Precise Field Data
The Big Analytics In Agriculture market framework should serve as a basic structure to support the strategic decision-making process for Players. For instance, the question of whether a Players wants to expand in other areas of the market value chain would fundamentally determines its strategy.
What is the current setup of the Big Analytics In Agriculture Industry, and what is its growth trajectory through 2027?
Trends that might impact the resulting strategic moves of the Players
How can Players take advantage of the changing market dynamics and capture new opportunities lying in Big Analytics In Agriculture market?
The key Players profiled in the report are Microsoft corporation (United States), Wipro Limited (India), IBM Corporation (United States), Oracle Corporation (United States), Moody’s Corporation (United States), Verisk Analystic Inc. (United States), Hewlett Packard Enterprise Development LP (United States), International Centre for Tropical Agriculture (Colombia), NTT Data Corporation (Japan) and QlikTech International AB (United States).