As cited by the market research report titled ‘Global Farming as a Service Market Analysis, 2020’ available with Market Study Report, global farming as a service market is calculated to record a robust compound annual growth rate of 10% during the forecast period of 2020-2025.
 

The rapid expansion of global farming as a service market can largely be attributed to rising adoption for converting upfront costs into variable ongoing costs and escalating demand among small-scale farmers for cost-efficiency.
 

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Based on solution, the overall market is bifurcated into access to market, production assistance, and farm management. Among these, the production assistance segment is expected to attain substantial expansion through 2025, owing to increasing investments in startups, introduction of innovative solutions, and inclination of farmers towards farm assistance services.
 

The end-user terrain of global farming as a service market comprises of advisory bodies, financial institutions, corporate, government, and farmers. The government segment is expected to emerge as a major growth avenue during the analysis timeframe, on account of favorable initiatives such as production assistance and farm management along with increasing investments aimed at supporting FaaS startups and impelling the adoption of pay-per-use services among farmers.
 

From a regional frame of reference, global farming as a service industry is segmented into Europe, Middle East & Africa, Asia-Pacific, South America, and North America among others.
 

Key participants that define the global farming as a service industry trends are IBM Corporation, PrecisionHawk, Taranis, SGS SA, Accenture plc, Deere & Company, Apollo Agriculture, Em3, and Trimble Inc. 
 

Global farming as a service market analysis delivers substantial data regarding the various growth driving factors, Challenges & limitations, and additional development trends defining the growth matrix of this business domain over the period of 2020-2025. Further, the report offers crucial comparative data regarding the past records as well as the current market trends in order to establish robust investment strategies in the forthcoming years.
 

With that being said, the business intelligence report also elucidates the market segmentations such as by solution, end-user terrain, competitive landscape, and regional outlook.