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The Rise of Agriculture Analytics Market: A $2.5 billion Industry Dominated by Tech Giants - Deere & Company, Bayer Ag and IBM| MarketsandMarkets™

Chicago, Aug. 05, 2024 (GLOBE NEWSWIRE) -- The global Agriculture Analytics Market size is expected to grow from USD 1.4 billion in 2023 to USD 2.5 billion by 2028, at a Compound Annual Growth Rate (CAGR) of 13.1%, according to a new report by MarketsandMarkets™. Agriculture has prevailed since the dawn of human civilization as a society. It had always been a labor-intensive task to rear crops and animals. Farming has undergone a lot of changes with regard to methods, tools, and machinery. A lot of research and development has been done to bring agriculture to the present stage, and it is still in the phase of continuous improvement. Browse in-depth TOC on "Agriculture Analytics Market" 342 - Tables 54 - Figures 318 - Pages Download Report Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=255757945 Agriculture Analytics Market Dynamics: Drivers: Increasing size and complexity of farms Rising need for optimal resource utilization Enhancing sustainability and reducing environmental impact Applying Big Data in farming Restraints: High costs associated with data collection and analysis. Data privacy and security concerns Opportunities: Technological advancements such as IoT, AI, and ML Prospect of public-private collaborations to advance use of agriculture analytics List of Top Companies in Agriculture Analytics Market: Deere & Company(US) IBM(US) Bayer Ag (Germany) SAP(Germany) Trimble(US) Accenture(Ireland) ABACO(Italy) DeLaval(Sweden) Oracle(US) DTN(US) Get Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=255757945 The report segments the agriculture analytics ...