Asia Pacific Farming As A Service Market Size & Outlook

The farming as a service market in Asia Pacific is expected to reach a projected revenue of US$ 2,385.8 million by 2030. A compound annual growth rate of 16.1% is expected of Asia Pacific farming as a service market from 2024 to 2030.
Revenue, 2023 (US$M)
$838.4
Forecast, 2030 (US$M)
$2,385.8
CAGR, 2024 - 2030
16.1%
Report Coverage
Asia Pacific

Asia Pacific farming as a service market highlights

  • The Asia Pacific farming as a service market generated a revenue of USD 838.4 million in 2023.
  • The market is expected to grow at a CAGR of 16.1% from 2024 to 2030.
  • In terms of segment, farm management solutions was the largest revenue generating service type in 2023.
  • Access to Markets is the most lucrative service type segment registering the fastest growth during the forecast period.
  • Country-wise, Australia is expected to register the highest CAGR from 2024 to 2030.


Asia Pacific data book summary

Market revenue in 2023USD 838.4 million
Market revenue in 2030USD 2,385.8 million
Growth rate16.1% (CAGR from 2023 to 2030)
Largest segmentFarm management solutions
Fastest growing segmentAccess to Markets
Historical data covered2017 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFarm Management Solutions, Production Assistance, Access to Markets
Key market players worldwideMahindra & Mahindra Ltd DR, Deere & Co, ITC Ltd DR, Trimble Inc, Accenture PLC Class A, Taranis Resources Inc, International Business Machines Corp, EM3 AgriServices, Apollo Agriculture, PrecisionHawk, BigHaat


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 20.5% of the global farming as a service market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 2,385.8 million by 2030.

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Farming As A Service Market Scope

Farming as a service market segmentation & scope
Precision Farming Tools
Analytics
Information Sharing
Equipment Rentals
Labor Services
Utility Services
Agricultural Marketing
Supplier to Farmers
Farmers to End Market
Pay per use
Subscription
Farmers
Government
Corporate
Financial Institutions
Advisory Bodies

Farming As A Service Market Companies

Name Profile # Employees HQ Website

Asia Pacific farming as a service market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to farming as a service market will help companies and investors design strategic landscapes.


Farm management solutions was the largest segment with a revenue share of 76.94% in 2023. Horizon Databook has segmented the Asia Pacific farming as a service market based on farm management solutions, production assistance, access to markets covering the revenue growth of each sub-segment from 2017 to 2030.


Farming-as-a-Service (FaaS) is gaining traction in the Asia Pacific region as a way to modernize and enhance the agriculture sector. In countries such as India, FaaS platforms have evolved to offer farmers a wide range of services, such as farm management solutions, production assistance, access to markets, and advisory services.

These platforms enable farmers to optimize their operations, improve productivity, and connect with potential buyers, thus enhancing their profitability. In Southeast Asian countries such as Indonesia and Thailand, FaaS models are being explored to address challenges related to small-scale farming, limited access to resources, and the need for sustainable practices.

These models focus on providing farmers with technological tools, such as precision agriculture technologies and remote sensing, to optimize resource utilization and improve decision making.

Reasons to subscribe to Asia Pacific farming as a service market databook:

  • Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
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  • Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.

Target buyers of Asia Pacific farming as a service market databook

  • Our clientele includes a mix of farming as a service market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific farming as a service market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific farming as a service market from 2017 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific farming as a service market size, by country, 2017-2030 (US$M)

Asia Pacific Farming As A Service Market Outlook Share, 2023 & 2030 (US$M)

Asia Pacific farming as a service market size, by country, 2017-2030 (US$M)

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