Skip to main content

How Is Improving Internet Connectivity Encouraging Farming as a Service Usage in India?

In recent years, the players in the Indian farming as a service market have focused on geographical expansion and product launches to consolidate their position. For instance, in June 2020, KhetiBuddy Agritech Private Limited introduced a free mobile app to offer farm management solutions to farmers.

The app assists cultivators in managing the fields, harvesting, and sowing and guides them in personalizing the crop schedule based on soil data, weather, and inventory data by procuring localized information. Furthermore, in February 2021, Mahindra & Mahindra Ltd. introduced its FaaS business in Karnataka by establishing Krish-e centers.


The type segment of the Indian farming as a service market is categorized into market access solutions, farm management solutions, and services. Under this segment, the farm management solutions category generated the highest revenue in 2020 due to the existence of a large number of market players and hefty investments made by public and privately owned businesses in this industry.

Additionally, the increasing advancements in products and solutions used for farming activities will also contribute to the growth of this category. The aforementioned types of FaaS are available in pay-per-use and subscription models.

At present, companies, such as Mahindra & Mahindra Ltd., RML Information Services Pvt. Ltd., Deere & Company, Em3 Agriservices Pvt. Ltd., Ulink Agritech Pvt. Ltd., Intello Labs Pvt. Ltd., Tractors and Farm Equipment Limited (TAFE), Utkal Tubers India Pvt. Ltd., ITC Ltd., KhetiBuddy Agritech Private Limited, and Cropin Technology Solutions Pvt. Ltd., are offering these services to the farming community of India.

Comments

Popular posts from this blog

Escalating Prevalence of Frauds Fueling Demand for Fraud Detection and Prevention Technologies

The rising incidence of mobile frauds is a major factor responsible for the growing popularity of fraud detection and prevention solutions around the world. During the last few years, online transactions through mobile devices have witnessed a sharp surge in popularity and this trend will continue in the future years, on account of the surging penetration of the internet and smartphones across the world.  Get the Sample Copy of this Report @  https://www.psmarketresearch.com/market-analysis/fraud-detection-and-prevention-market/report-sample The rising adoption of these transactions is augmenting the incidence of fraudulent activities. According to reports, around 49% of all risky transactions were carried out through mobile devices in early 2019. Moreover, cybercriminals are extensively using various mobile emulators that run on desktop systems and allow fraudsters to accurately mimic iOS and Android devices.  This is making the adoption of fraud detection and prevention...

Why Is Asia-Pacific (APAC) Fastest-Growing Smartwatch Market?

The product segment of the smartwatch market is divided into classic, extension, and standalone. In 2017, the extension division accounted for the largest market share due to the magnifying demand for next-generation smartwatches that can act as an extension of smartphones and related devices. Moreover, the compatibility of tracking, connectivity, and alerts features with extension smartwatches is attracting a large number of consumers, thereby giving a strong push to the market. Get the Sample copy of this Report @ https://www.psmarketresearch.com/market-analysis/smartwatch-market/report-sample Additionally, the application segment of the smartwatch market is categorized into personal assistance, wellness, sports, medical, and others, which includes gaming, fashion, spiritual wellness, and kids’ learning. Among these, the personal assistance category dominated the market in 2017 due to the increasing application of smartwatches for daily activities, such as schedule tracking and sleep...

Revenue Explosion Predicted in Global Micro Battery Market During 2020—2024

The global micro battery market had a valuation of $418.2 million in 2018 and is predicted to generate a revenue of $1,100.0 million by 2024. Furthermore, the market will exhibit a CAGR of 18.4% between 2019 and 2024. The increasing usage of wearable devices, the rising integration of the internet of things (IoT) in medical devices, and the soaring usage of compact batteries in healthcare applications are the major factors fueling the progress of the market. The rising incorporation of the IoT in medical devices is an important factor propelling the growth of the micro battery market across the globe. With the soaring population levels and the rising prevalence of chronic diseases in various countries, the healthcare industry is rapidly adopting high-tech solutions. The growing usage of advanced medical devices and wearable electronics is causing huge improvements in patient care and treatment procedures. Moreover, it is massively reducing the healthcare costs.  For example, medic...