Market Forecast By Application Area (Farm analytics, Livestock analytics, Aquaculture analytics, Others), By Farm Size (Large Farms, Small and Medium-Sized Farms), By Component (Solution, Services), By Deployment (Cloud, On-premises) And Competitive Landscape
Product Code: ETC4407996 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 |
Report Name | Australia Agriculture Analytics Market |
Forecast period | 2025-2031 |
CAGR | 4.5% |
Growing Sector | Agriculture |
Australia Agriculture Analytics Market report thoroughly covers the market by Application area, farm size, component and deployment. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Australia Agriculture Analytics Market is expanding as farmers and agribusinesses increasingly leverage data-driven insights to enhance productivity and sustainability. Factors contributing to this growth include government support programs, technological advancements, and a heightened awareness among farmers of the benefits analytics can bring. The integration of IoT and machine learning technologies promises to revolutionize farm management practices, transforming traditional farms into smart farms brimming with sensors, automation, and real-time analytics.
According to 6Wresearch, the Australia Agriculture Analytics Market size is projected to grow at the CAGR of 4.5% during the forecast period of 2025-2031. The growing adoption of precision farming techniques and technology, such as drones and sensors, has fueled the demand for agriculture analytics in Australia. These technologies provide farmers with real-time data and insights about their crops, soil health, and weather conditions, allowing them to make informed decisions for better crop management. Moreover, the Australian government has been supportive of digital transformation in the agriculture sector by investing in initiatives such as the National Farmers' Federation's Smart Farming Partnership program. This has further accelerated the adoption of agriculture analytics solutions in the country. Despite the benefits, implementation of agriculture analytics still faces challenges in Australia. One major hurdle is the lack of access to reliable and high-speed internet connectivity, especially in rural areas where most farms are located and this has led to major decline in Australia Agriculture Analytics Market Growth. This limits the real-time data collection and analysis capabilities of farmers using these technologies. Additionally, there is a shortage of skilled workers in the agriculture sector who are knowledgeable in using these analytics solutions. This calls for more training and education programs to equip farmers with the necessary skills to utilize these technologies effectively.
Recent government policies and schemes have been instrumental in propelling the Australia Agriculture Analytics Market forward. The Australian government has introduced initiatives like the National Agriculture and Climate Change Action Plan, which aims to assist farmers in the adoption of data-driven farming practices. Subsidies for the integration of advanced analytics in agricultural machinery and incentives for research and development in agriculture technologies are also in place. These efforts are aimed at empowering farmers to make informed decisions, optimize resources, and enhance crop yields while maintaining sustainability.
The competitive landscape of the Agriculture Analytics Market in Australia is characterized by the presence of innovative companies. Leading players such as Agribotix, Prospera Technologies, and Farmers Edge are at the forefront, offering comprehensive analytics platforms that harness the power of big data to transform agricultural operations. These companies specialize in providing insights on crop health, soil conditions, and weather predictions through advanced imaging and machine learning algorithms. Their services are integral to the increasing precision farming trend within the Australian market.
The Australia Agriculture Analytics Industry is poised for further growth with the advent of artificial intelligence and Internet of Things (IoT) based technologies. Predictive analytics is expected to become more prevalent, with farmers utilizing prescriptive insights to further refine their practices and increase crop yields. Automation and robotics, facilitated by smart analytics, will likely play a larger role in agricultural production, reducing labor needs and enhancing efficiency. Sustainability will also continue to be a significant driver, with analytics helping to minimize environmental impact and support responsible resource management. As connectivity improves across rural areas, the integration of analytics in agriculture is anticipated to become more accessible, thereby expanding its impact across the sector.
On the basis of application area, one of the key segments expected to grow in the Australian agriculture analytics market is farm analytics. This includes the use of technology and data analysis to optimize farming practices, improve crop yields, and reduce costs. With a large land area and diverse climate, Australia has a wide range of farming practices that can benefit from the implementation of farm analytics.
According to Ravi Bhandari, Research Head, 6Wresearch, in terms of farm size, large farms are expected to dominate the Australia agriculture analytics market during the forecast period. With the rising demand for food due to a growing population, large farms are investing in advanced analytics solutions to increase their productivity and efficiency. On the other hand, small and medium-sized farms are also adopting these solutions to improve their decision-making processes and optimize resource utilization.
In terms of deployment, cloud-based solutions are gaining traction in the Australia agriculture analytics market due to their flexibility and cost-effectiveness. These solutions are easily scalable and can be accessed from any device with an internet connection, making them preferred by farmers of all farm sizes. However, on-premises deployment is also expected to hold a significant share as some farmers prefer having complete control over their data and processes.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Australia Agriculture Analytics Market Overview |
3.1 Australia Country Macro Economic Indicators |
3.2 Australia Agriculture Analytics Market Revenues & Volume, 2021 & 2031F |
3.3 Australia Agriculture Analytics Market - Industry Life Cycle |
3.4 Australia Agriculture Analytics Market - Porter's Five Forces |
3.5 Australia Agriculture Analytics Market Revenues & Volume Share, By Application Area , 2021 & 2031F |
3.6 Australia Agriculture Analytics Market Revenues & Volume Share, By Farm Size , 2021 & 2031F |
3.7 Australia Agriculture Analytics Market Revenues & Volume Share, By Component , 2021 & 2031F |
3.8 Australia Agriculture Analytics Market Revenues & Volume Share, By Deployment, 2021 & 2031F |
4 Australia Agriculture Analytics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Australia Agriculture Analytics Market Trends |
6 Australia Agriculture Analytics Market, By Types |
6.1 Australia Agriculture Analytics Market, By Application Area |
6.1.1 Overview and Analysis |
6.1.2 Australia Agriculture Analytics Market Revenues & Volume, By Application Area , 2021-2031F |
6.1.3 Australia Agriculture Analytics Market Revenues & Volume, By Farm analytics, 2021-2031F |
6.1.4 Australia Agriculture Analytics Market Revenues & Volume, By Livestock analytics, 2021-2031F |
6.1.5 Australia Agriculture Analytics Market Revenues & Volume, By Aquaculture analytics, 2021-2031F |
6.1.6 Australia Agriculture Analytics Market Revenues & Volume, By Others, 2021-2031F |
6.2 Australia Agriculture Analytics Market, By Farm Size |
6.2.1 Overview and Analysis |
6.2.2 Australia Agriculture Analytics Market Revenues & Volume, By Large Farms, 2021-2031F |
6.2.3 Australia Agriculture Analytics Market Revenues & Volume, By Small and Medium-Sized Farms, 2021-2031F |
6.3 Australia Agriculture Analytics Market, By Component |
6.3.1 Overview and Analysis |
6.3.2 Australia Agriculture Analytics Market Revenues & Volume, By Solution, 2021-2031F |
6.3.3 Australia Agriculture Analytics Market Revenues & Volume, By Services, 2021-2031F |
6.4 Australia Agriculture Analytics Market, By Deployment |
6.4.1 Overview and Analysis |
6.4.2 Australia Agriculture Analytics Market Revenues & Volume, By Cloud, 2021-2031F |
6.4.3 Australia Agriculture Analytics Market Revenues & Volume, By On-premises, 2021-2031F |
7 Australia Agriculture Analytics Market Import-Export Trade Statistics |
7.1 Australia Agriculture Analytics Market Export to Major Countries |
7.2 Australia Agriculture Analytics Market Imports from Major Countries |
8 Australia Agriculture Analytics Market Key Performance Indicators |
9 Australia Agriculture Analytics Market - Opportunity Assessment |
9.1 Australia Agriculture Analytics Market Opportunity Assessment, By Application Area , 2021 & 2031F |
9.2 Australia Agriculture Analytics Market Opportunity Assessment, By Farm Size , 2021 & 2031F |
9.3 Australia Agriculture Analytics Market Opportunity Assessment, By Component , 2021 & 2031F |
9.4 Australia Agriculture Analytics Market Opportunity Assessment, By Deployment, 2021 & 2031F |
10 Australia Agriculture Analytics Market - Competitive Landscape |
10.1 Australia Agriculture Analytics Market Revenue Share, By Companies, 2024 |
10.2 Australia Agriculture Analytics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |