Europe farming as a service (FaaS) market was valued at $ 702.7 million in 2022 and will grow by 16.4% 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.
Highlighted with 34 tables and 45 figures, this 98-page report “Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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 Europe 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:
• Germany
• UK
• France
• Spain
• Italy
• Netherlands
• Rest of Europe (further segmented into Russia, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
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 Europe 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 Europe 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 Europe 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 European Market 2022-2032 by Country 64
6.1 Overview of European Market 64
6.2 Germany 67
6.3 U.K. 69
6.4 France 71
6.5 Spain 73
6.6 Italy 75
6.7 Netherlands 77
6.8 Rest of European Market 79
7 Competitive Landscape 81
7.1 Overview of Key Vendors 81
7.2 New Product Launch, Partnership, Investment, and M&A 84
7.3 Company Profiles 85
Accenture Plc 85
AgJunction 87
Agrivi 88
Apollo Agriculture 89
Bighaat Agro Private Limited 90
EM3 Agri Services Private Limited 91
IBM 92
John Deere Group (Deere & Company) 93
Precision Hawk, Inc. 94
Société Générale de Surveillance 95
Taranis Visual Ltd. 96
Trimble Inc. 97
RELATED REPORTS 98
List of Tables:
Table 1. Snapshot of Europe Farming as a Service Market in Balanced Perspective, 2022-2032 16
Table 2. World Economic Outlook, 2021-2031 20
Table 3. World Economic Outlook, 2021-2023 21
Table 4. World Population Projections to 2035 27
Table 5. Main Product Trends and Market Opportunities in Europe Farming as a Service Market 32
Table 6. Europe Farming as a Service Market by Solution, 2022-2032, $ mn 40
Table 7. Europe Farming as a Service Market: Farm Management by Type, 2022-2032, $ mn 42
Table 8. Europe Farming as a Service Market: Production Assistance by Type, 2022-2032, $ mn 46
Table 9. Europe Farming as a Service Market: Access to Markets by Type, 2022-2032, $ mn 50
Table 10. Europe Farming as a Service Market by Delivery Model, 2022-2032, $ mn 53
Table 11. Europe Farming as a Service Market by End User, 2022-2032, $ mn 57
Table 12. Europe Farming as a Service Market by Country, 2022-2032, $ mn 66
Table 13. Germany Farming as a Service Market by Solution, 2022-2032, $ mn 68
Table 14. Germany Farming as a Service Market by Delivery Model, 2022-2032, $ mn 68
Table 15. Germany Farming as a Service Market by End User, 2022-2032, $ mn 68
Table 16. U.K. Farming as a Service Market by Solution, 2022-2032, $ mn 70
Table 17. U.K. Farming as a Service Market by Delivery Model, 2022-2032, $ mn 70
Table 18. U.K. Farming as a Service Market by End User, 2022-2032, $ mn 70
Table 19. France Farming as a Service Market by Solution, 2022-2032, $ mn 72
Table 20. France Farming as a Service Market by Delivery Model, 2022-2032, $ mn 72
Table 21. France Farming as a Service Market by End User, 2022-2032, $ mn 72
Table 22. Spain Farming as a Service Market by Solution, 2022-2032, $ mn 74
Table 23. Spain Farming as a Service Market by Delivery Model, 2022-2032, $ mn 74
Table 24. Spain Farming as a Service Market by End User, 2022-2032, $ mn 74
Table 25. Italy Farming as a Service Market by Solution, 2022-2032, $ mn 76
Table 26. Italy Farming as a Service Market by Delivery Model, 2022-2032, $ mn 76
Table 27. Italy Farming as a Service Market by End User, 2022-2032, $ mn 76
Table 28. Netherlands Farming as a Service Market by Solution, 2022-2032, $ mn 78
Table 29. Netherlands Farming as a Service Market by Delivery Model, 2022-2032, $ mn 78
Table 30. Netherlands Farming as a Service Market by End User, 2022-2032, $ mn 78
Table 31. Farming as a Service Market in Rest of Europe by Country, 2022-2032, $ mn 80
Table 32. Accenture Plc: Company Snapshot 85
Table 33. Accenture Plc: Business Segmentation 86
Table 34. Accenture Plc: Product Portfolio 86
