Market revenue in 2023 | USD 184.5 million |
Market revenue in 2030 | USD 490.2 million |
Growth rate | 15% (CAGR from 2023 to 2030) |
Largest segment | Farm management solutions |
Fastest growing segment | Access to Markets |
Historical data | 2017 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Farm Management Solutions, Production Assistance, Access to Markets |
Key market players worldwide | Mahindra & 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 |
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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 75.66% in 2023. Horizon Databook has segmented the Mexico 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.
The share of agriculture in Mexico's Gross Domestic Product (GDP) has been gradually decreasing over the years. As of the latest available data published by the World Bank, the share of agriculture in Mexico's economy stands at approximately 3.9%.
This indicates a decline from previous years, highlighting the country's shift toward other sectors of the economy. The decline in the share of agriculture in the country’s GDP can be attributed to various factors, including the country's economic diversification and the growth of other sectors such as manufacturing, services, and tourism.
Mexico has experienced significant industrialization and urbanization, leading to a relative decrease in the agricultural sector's contribution to the overall economy.
Horizon Databook provides a detailed overview of country-level data and insights on the Mexico farming as a service market , including forecasts for subscribers. This country databook contains high-level insights into Mexico farming as a service market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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