Farming as a Service Market Projected to Expand at 15.3% CAGR Through 2028

The Global Farming as a Service (FaaS) Market is projected to grow at a CAGR of around 15.3% during the forecast period, i.e., 2023-28. The growth of the market attributes primarily to the growing adoption of technologically advanced solutions in agricultural practices to enhance farm productivity & prevent wastage of various resources, such as labor, capital, seeds, fertilizers, water, electricity, etc.

✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure-  https://www.marknteladvisors.com/query/request-sample/global-farming-as-a-service-market.html

Strategic Takeaways from the Report:

• Market Sizing and Forecasting
• Regulatory and Policy Influence
• Competitive Trends and M&A Activity
• Innovation Drivers and Disruptive Technologies
• Investment Hotspots and Emerging Niches
• Geographical Dynamics and Trade Flows

Farming as a Service Market Segment Overview & Classification

This market is categorized to offer targeted insights across various operational and consumer-related verticals.

Segment List:

By Solution

• Farm Management- Market Size & Forecast 2018-2028F, USD Million
  • Information Sharing- Market Size & Forecast 2018-2028F, USD Million
  • Analytics- Market Size & Forecast 2018-2028F, USD Million
  • Precision Farming Tools- Market Size & Forecast 2018-2028F, USD Million
• Production Assistance- Market Size & Forecast 2018-2028F, USD Million
  • Equipment Rentals- Market Size & Forecast 2018-2028F, USD Million
  • Labor Services- Market Size & Forecast 2018-2028F, USD Million
  • Utility Services- Market Size & Forecast 2018-2028F, USD Million
• Access to Markets- Market Size & Forecast 2018-2028F, USD Million

By Application

• Yield Mapping and Monitoring- Market Size & Forecast 2018-2028F, USD Million
• Soil Management- Market Size & Forecast 2018-2028F, USD Million
• Crop Health Management- Market Size & Forecast 2018-2028F, USD Million
• Navigation and Positioning- Market Size & Forecast 2018-2028F, USD Million

By Farm Produce

• Cereals- Market Size & Forecast 2018-2028F, USD Million
• Oil Crops- Market Size & Forecast 2018-2028F, USD Million
• Fiber Crops- Market Size & Forecast 2018-2028F, USD Million
• Pulses- Market Size & Forecast 2018-2028F, USD Million
• Fruits & Vegetables- Market Size & Forecast 2018-2028F, USD Million
• Others (Nuts, Roots and Tuber, etc.) - Market Size & Forecast 2018-2028F, USD Million

By Delivery Model

• Pay-per-use- Market Size & Forecast 2018-2028F, USD Million
• Subscription- Market Size & Forecast 2018-2028F, USD Million

By End Users

• Farmers- Market Size & Forecast 2018-2028F, USD Million
• Government- Market Size & Forecast 2018-2028F, USD Million
• Corporate- Market Size & Forecast 2018-2028F, USD Million
• Financial Institutions- Market Size & Forecast 2018-2028F, USD Million
• Advisory Bodies- Market Size & Forecast 2018-2028F, USD Million

By Region

• North America
• South America
• Middle East & Africa
• Europe
• Asia-Pacific.

Of them all, North America dominates the market with the largest revenue share, and the same trend is likely to be followed over the forecast years. It owes principally to the growing use of FaaS models to boost farm productivity across the region. North America is an early adopter of advanced technologies. The surging use of automated machinery, smart crop, livestock monitoring, & drones is helping farmers in better farm management, thereby contributing to the regional market growth.

These divisions help clarify demand patterns and expected shifts.

Market Opportunities

Increasing Number of AgriTech Start-ups Promoting Modern Agriculture Practices - With the integration of advanced technologies like the Internet of Things (IoT), remote sensing, Big Data, Cloud Computing, Artificial Intelligence (AI), image analytics & processing, Machine Learning (ML) into farming practices, coupled with the growing use of drones, AG-robots, etc., to bring efficiency in the agriculture sector, the adoption of Farming-as-a Service is anticipated to rise significantly among farmers during the forecast period and generate lucrative growth opportunities for the leading players in the industry.

Farming as a Service Market Competitive Snapshot from 2023-2028

The report highlights established and emerging players in the global Farming as a Service Market, evaluating their strengths, challenges, and potential for innovation.

Key Competitors Include:

• Trimble Inc.
• Em3 Agri Services Pvt. Ltd.
• Apollo Agriculture
• John Deere
• Accenture
• SGS Société Générale de Surveillance SA
• Taranis
• PrecisionHawk
• IBM
• ITC Limited
• Ninjacart
• Mahindra and Mahindra Limited
• AGRIVI
• Hexagon Agriculture
• Others.

Their activities include partnerships, product launches, and geographic expansions.

Farming as a Service Industry Prime Challenge

Emerging Ag-Tech Start-ups - The collaboration of technology with the agricultural sector emerging the market demand for farming as a service. To increase awareness regarding farming services, solutions, and technology among small-scale and mid-sized farm businesses, various start-ups around the world has established. The start-ups provide farming services based on a pay-per-use model that provides an economical option for farmers and reduces high investment risk. Also, these start-ups support farmers by providing technology and analytical support to low-income farmers on a loan basis that would boost their output yield.

For Instance,

• Infarm-urban farming startup founded in 2013 that combines vertical farms with IoT technologies and machine learning
• Microsoft India has launched the Agritech startup program that provides solutions and provides a series of benefits from technical support to income generation support to the farmers.
• Earth Sense agricultural intelligence had created the robot- TerraSentia that collects accuracy, speed, and cost data of in-field plants that have under-canopy traits that other technologies unable to measure.

Frequently Asked Questions (FAQs):

• What industries are most impacted by this market?
• How is technology reshaping operations and offerings?
• Which competitors dominate the landscape?
• What risks could disrupt market expansion?
• How should businesses respond to demand fluctuations?

“Report Delivery Format: Market research reports from MarkNtel Advisors are available in PDF, Excel, and PowerPoint formats. Once payment is successfully processed, the report will be delivered to your email address within 24 hours”

Other Report:

• Water Pumps for Food & Beverage Industry size was valued at around USD61Billion in 2024 and is projected to reach USD 4.56 Billion by 2030 with a CAGR of around 4.7%.
• Explore the Global SIGINT Systems Market projected to grow from USD 16.8B in 2024 to USD2B by 2030. Discover insights and trends!

Note: If you need additional information not included in the report, we can customize it to suit your requirements. https://www.marknteladvisors.com/query/request-customization/global-farming-as-a-service-market.html

Why Trust MarkNtel Advisors?

• In-depth primary and secondary data validation
• Focused on practical insights, not just raw numbers
• Designed to support business strategy, not just reporting
• Strong industry connections and real-time data flow
• Transparent methodology and reliable sourcing

About Us –

We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India