Dublin, Oct. 16, 2023 (GLOBE NEWSWIRE) -- The "Global Farming as a Service Market 2022-2032 by Solution, Delivery Model, End User, and Region: Trend Forecast and Growth Opportunity" report has been added to ResearchAndMarkets.com's offering.
Global farming as a service (FaaS) market will reach $11,635.8 million by 2032, growing by 17.4% annually over 2022-2032, driven by the growing adoption of FaaS in modern agriculture due to enhanced productivity and efficiency through data-driven decisions, growing internet access in rural areas, surging investment in the agri-tech startups, and new launch of FaaS solutions.
The report is based on comprehensive research of the entire global farming as a service (FaaS) market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year.
In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter's Five Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global farming as a service (FaaS) market in every aspect of the classification from perspectives of Solution, Delivery Model, End User, and Region.
Based on Solution, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- Farm Management
- Precision Farming Tools
- Information Sharing
- Analytics
- Production Assistance
- Equipment Rentals
- Labor Services
- Utility Services
- Access to Markets
- Farmers to End Market
- Supplier to Farmers
Based on Delivery Model, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- Pay-per-use
- Subscription
By End User, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
- Farmers
- Government
- Corporate
- Financial Institutions
- Advisory Bodies
Geographically, the following regions together with the listed national/local markets are fully investigated:
- North America (U.S., Canada, and Mexico)
- Europe (Germany, UK, France, Spain, Italy, Netherlands, Rest of Europe; Rest of Europe is further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (Egypt, Saudi Arabia, South Africa and Rest of MEA)
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 154 |
| Forecast Period | 2022 - 2032 |
| Estimated Market Value (USD) in 2022 | $2338.6 Million |
| Forecasted Market Value (USD) by 2032 | $11635.8 Million |
| Compound Annual Growth Rate | 17.4% |
| Regions Covered | Global |
For more information about this report visit https://www.researchandmarkets.com/r/oolnsj
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Attachment
