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Asia Pacific Farming as a Service (FaaS) Market 2022-2032 by Solution (Farm Management, Production Assistance, Access to Markets), Delivery Model (Pay-per-use, Subscription), End User (Farmers, Government, Corporate, Financial Institutions, Advisory Bodies), and Country: Trend Forecast and Growth Opportunity

  • Category: Agriculture
  • Published Date: Feb 2023
  • Publisher: GMD Research
  • Pages: 97

Asia Pacific farming as a service (FaaS) market wiill grow by 20.2% annually with a total addressable market cap of $ 12,690.9 million over 2023-2032, 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.
Highlighted with 31 tables and 44 figures, this 97-page report “Asia Pacific Farming as a Service (FaaS) Market 2022-2032 by Solution (Farm Management, Production Assistance, Access to Markets), Delivery Model (Pay-per-use, Subscription), End User (Farmers, Government, Corporate, Financial Institutions, Advisory Bodies), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific 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. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over 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 Fiver Forces
The trend and outlook of Asia Pacific 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 Asia Pacific farming as a service (FaaS) market in every aspect of the classification from perspectives of Solution, Delivery Model, End User, and Country.

Based on Solution, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Farm Management
o Precision Farming Tools
o Information Sharing
o Analytics
• Production Assistance
o Equipment Rentals
o Labor Services
o Utility Services
• Access to Markets
o Farmers to End Market
o Supplier to Farmers

Based on Delivery Model, the Asia Pacific 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 Asia Pacific 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 national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Solution, Delivery Model and End User over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Accenture Plc
AgJunction
Agrivi
Apollo Agriculture
Bighaat Agro Private Limited
EM3 Agri Services Private Limited
IBM
John Deere Group (Deere & Company)
Precision Hawk, Inc.
Société Générale de Surveillance
Taranis Visual Ltd.
Trimble Inc.
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 17
2.1 Market Size and Forecast 17
2.1.1 Impact of COVID-19 on World Economy 19
2.1.2 Impact of COVID-19 on the Market 22
2.2 Major Growth Drivers 24
2.3 Market Restraints and Challenges 29
2.4 Emerging Opportunities and Market Trends 32
2.5 Porter’s Fiver Forces Analysis 36
3 Segmentation of Asia Pacific Market by Solution 40
3.1 Market Overview by Solution 40
3.2 Farm Management 42
3.2.1 Precision Farming Tools 43
3.2.2 Information Sharing 44
3.2.3 Analytics 45
3.3 Production Assistance 46
3.3.1 Equipment Rentals 47
3.3.2 Labor Services 48
3.3.3 Utility Services 49
3.4 Access to Markets 50
3.4.1 Farmers to End Market 51
3.4.2 Supplier to Farmers 52
4 Segmentation of Asia Pacific Market by Delivery Model 53
4.1 Market Overview by Delivery Model 53
4.2 Pay-per-use 55
4.3 Subscription 56
5 Segmentation of Asia Pacific Market by End User 57
5.1 Market Overview by End User 57
5.2 Farmers 59
5.3 Government 60
5.4 Corporate 61
5.5 Financial Institutions 62
5.6 Advisory Bodies 63
6 Asia-Pacific Market 2022-2032 by Country 64
6.1 Overview of Asia-Pacific Market 64
6.2 Japan 67
6.3 China 70
6.4 Australia 72
6.5 India 74
6.6 South Korea 76
6.7 Rest of APAC Region 78
7 Competitive Landscape 80
7.1 Overview of Key Vendors 80
7.2 New Product Launch, Partnership, Investment, and M&A 83
7.3 Company Profiles 84
Accenture Plc 84
AgJunction 86
Agrivi 87
Apollo Agriculture 88
Bighaat Agro Private Limited 89
EM3 Agri Services Private Limited 90
IBM 91
John Deere Group (Deere & Company) 92
Precision Hawk, Inc. 93
Société Générale de Surveillance 94
Taranis Visual Ltd. 95
Trimble Inc. 96
RELATED REPORTS 97

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