Report cover image

Global Farming as a Service (FaaS) Market Growth (Status and Outlook) 2026-2032

Published Jan 02, 2025
Length 127 Pages
SKU # LPI20691403

Description

The global Farming as a Service (FaaS) market size is predicted to grow from US$ 634 million in 2025 to US$ 1004 million in 2032; it is expected to grow at a CAGR of 6.8% from 2026 to 2032.

Farming as a Service (FaaS) refers to providing agricultural producers with a modular and scalable digital solution covering the entire process from data to execution, using subscription or pay-as-you-go models. Its core is to transform traditional agricultural elements (such as agricultural machinery, technology, inputs, and finance) into standardized cloud services, integrating and intelligently scheduling them through digital technologies such as the Internet of Things, big data, and AI. Essentially, it transforms farm operations from a capital-intensive, high-risk fixed-input model to a results- and usage-based, asset-light model, allowing farmers to focus on agronomic decisions while service providers ensure optimal execution and risk management at each stage of production, thereby systematically improving the standardization, predictability, and overall efficiency of agriculture.

The costs of Farming as a Service (FaaS) primarily consist of technology research and development, data acquisition/processing, offline operations (equipment maintenance, service teams), and market expansion. Gross profit margins are highly polarized: pure data and software services for large farms have higher gross profit margins (up to 60% or more), while services involving heavy agricultural machinery operations and other offline operations, due to their asset and labor intensity, generally have lower gross profit margins (often below 30%). Scalability and platformization are key to improving profitability, but currently, most companies are still in the investment phase of exchanging high service costs for market scale.

The Farming as a Service (FaaS) market is at a critical stage of rapid expansion and model validation. Globally, the market is led by North America and the Asia-Pacific region. North America focuses on providing high-value data analytics and precision decision-making services to large farms, with mature business models. In China, driven by policy, numerous production service platforms targeting small and medium-sized farmers, such as plant protection and agricultural machinery scheduling, have emerged, but their profit models are still being explored. Technologically, the integration of IoT, AI, and satellite data is driving the evolution of services from single-point tools to end-to-end solutions. The current core challenge lies in balancing farmers' willingness to pay with scalable profitability. Leading companies are enhancing customer loyalty and diversifying revenue streams by integrating finance, insurance, and agricultural product sales. While the market as a whole is fragmented, platform integration and cross-segment collaboration have become clear development trends.

LPI (LP Information)' newest research report, the “Farming as a Service (FaaS) Industry Forecast” looks at past sales and reviews total world Farming as a Service (FaaS) sales in 2025, providing a comprehensive analysis by region and market sector of projected Farming as a Service (FaaS) sales for 2026 through 2032. With Farming as a Service (FaaS) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Farming as a Service (FaaS) industry.

This Insight Report provides a comprehensive analysis of the global Farming as a Service (FaaS) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Farming as a Service (FaaS) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Farming as a Service (FaaS) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Farming as a Service (FaaS) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Farming as a Service (FaaS).

This report presents a comprehensive overview, market shares, and growth opportunities of Farming as a Service (FaaS) market by product type, application, key players and key regions and countries.

Segmentation by Type:

Hardware as a Service (HaaS)

Software as a Service (SaaS)

Segmentation by Service Content:

Production Operations Service

Data Intelligence Service

Supply Chain & Marketing Service

Financial & Risk Management Service

Segmentation by Business Model:

Subscription Service

Pay-per-Performance Service

Pay-per-Usage Service

Others

Segmentation by Application:

Farmers

Government

Corporation

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Agroapps

Ekylibre

Sabanto

Cultivatd

Accenture

SGS

Agribolo

Agri-tech

AWSM Farming

Lely

RHIZA

HireMyFarmer

Velcourt

BigHaat

CropX

Cropin

EM3 Agri Services

Bloom

Please note: The report will take approximately 2 business days to prepare and deliver.

Table of Contents

127 Pages
*This is a tentative TOC and the final deliverable is subject to change.*
1 Scope of the Report
2 Executive Summary
3 Farming as a Service (FaaS) Market Size by Player
4 Farming as a Service (FaaS) by Region
5 Americas
6 APAC
7 Europe
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Farming as a Service (FaaS) Market Forecast
11 Key Players Analysis
12 Research Findings and Conclusion
How Do Licenses Work?
Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.