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North America Agriculture Analytics Market likely to grow at a CAGR of 12% during 2021-26
This research report provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, and its emerging opportunities.
Impact of Covid-19
The outbreak of the COVID-19 pandemic has adversely affected many economies where the North America Agriculture Analytics Market for data analytics technology of the agriculture sector suffered moderately. It is likely to witness a fast pace recovery in the coming years. Several challenges like the phase of lockdowns & quarantine to fight COVID-19 hindered the overall market growth, resulting in a substantial loss on the returns of the agricultural products. Nevertheless, multiple market players have restricted funding and expenses, which has affected the analytics adoption rate. However, with the gradual upliftment of lockdown and ease of restrictions, the market is recovering and shall witness robust growth in the coming years.
Farm Analytics Witnessed the Fastest Market Growth
Based on the Application, the Farm Analytics segment witnessed the fastest market growth in the previous years and is likely to attain robust growth in the forecast period due to the rapidly expanding traction on precision agriculture by farmers. It allows farmers to use modern technology for diverse agricultural applications, which results in an effective agriculture process.
"North America Agriculture Analytics Market Analysis, 2021" provides comprehensive, qualitative, and quantitative insights on the market potential, key factors impacting the market growth, hotspots, and opportunities available for Agriculture Analytics providers across the countries. Moreover, the report also encompasses the key strategic imperatives for competitors' success and strategic factorial indexing to measure their capabilities on 16 parameters, which will help companies formulate 'Go to Market' strategies and identify the blue ocean for their offerings.
According to MarkNtel Advisors, the major leading players in the North America Agriculture Analytics Market are Harvest CROO Robotics, SkySquirrel Technologies Inc., aWhere, FarmShots, Abundant Robotics, Hortau Inc, Deere & Company, Trimble, AGCO Corporation, AgJunction, Raven Industries.
For more information visit: https://www.marknteladvisors.com/