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Stock impact report

Farming As a Service Market to Grow at CAGR of 14.3% through 2033 - Large Upfront Investments in Agricultural Machinery & Equipment to Propel Growth [Yahoo! Finance]

Trimble Inc. (TRMB) 
Last trimble inc. earnings: 2/12 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.trimble.com
Company Research Source: Yahoo! Finance
North America emerged as the largest global farming as a service market, with a 42% market revenue share in 2023. Newark, June 19, 2024 (GLOBE NEWSWIRE) -- The Brainy Insights estimates that the USD 4.2 billion farming as a service market will reach USD 15.9 billion by 2033. Farming as a Service (FaaS) is a concept under which the farmers are provided agricultural services on a subscription or pay-per-use basis. In order to make this a success, several latest technologies and advanced tools are used. Technology and the knowledge of experts can be used in farming activities to increase agricultural output, efficiency, and sustainability. Some of the other features of this service include precision agriculture, soil analysis, crop monitoring, predictive analytics, drone-captured aerial imagery, and farm management software. Furthermore, farmers can use services according to their time, need, farm size, and farming practices. These services can also be customized as per the requirement Show less Read more
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