Agriculture

• The worldwide agricultural market was valued at $11,287.56 billion in 2021 and is predicted to increase at a CAGR of 10.7 percent to $18,814.21 billion in 2026.
• Global demand for agricultural equipment is predicted to expand at a rate close to 5% each year.
• In recent decades, urban agriculture, on the form of individuals cultivating food in communal plots or rooftop gardens, has become a popular trend across the globe.
• From 2020 to 2025, North America is predicted to have the greatest market size and lead the agricultural analytics industry.
• PAC is likely to create attractive potential for agricultural analytics suppliers as producers in the area increase their investments in digital agriculture techniques and the installation of cloud-based solutions.