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Connected Agriculture Market Analysis & Demand and Country Forecast (113 views)
23 Feb 2024 20:13
The global connected agriculture market size is expected to reach USD 12.57 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research. Steady market revenue growth can be attributed to increasing need to ensure food security and increase agricultural processes efficiency and productivity to meet rising global food demand. Increasing implementation of advanced technologies to manage, enhance, and control farming activities is expected to drive growth of the global connected agriculture market during the forecast period. Increasing adoption of IoT sensors to aid in crop monitoring and cultivation in order to enhance farm operations and optimize agricultural processes are other major factors driving market growth. Farmers are increasingly utilizing farm management systems as these assist, not only farmers, but other stakeholders in the field of agriculture, with collection of information and management by utilizing various tracking devices and sensors. Reliable financial data and production data management solutions and services offered by farm management systems and risk mitigation capabilities regarding weather has been resulting in increasing demand for and deployment, and this is driving growth of the global connected agriculture solutions market to a significant extent.
Furthermore, the report provides a comprehensive analysis of the factors that are likely to bolster or impede the growth of the market in the coming years. The report considers the COVID-19 pandemic that is currently unfolding as a key market influencer. The report provides a thorough estimation of the overall impact of the pandemic on the Connected Agriculture market and its vital segments. The report also discusses the impact of the pandemic across different regions of the market. It also offers a current and future assessment of the impact of the pandemic on the Connected Agriculture market.
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Key Players operating in the industry are:
IBM, Microsoft, AT&T, Deere & Company, SAP SE, Accenture, Cisco Systems, Inc., Oracle Corporation, Iteris, Inc. and Trimble Navigation
Radical Features of the Connected Agriculture Market Report:
<ul>
<li>The report encompasses Connected Agriculture market overview along with market share, demand and supply ratio, production and consumption patterns, supply chain analysis, and other ley elements</li>
<li>An in-depth analysis of the different approaches and procedures undertaken by the key players to conduct business efficiently</li>
<li>Offers insights into production and manufacturing value, products and services offered in the market, and fruitful information about investment strategies</li>
<li>Supply chain analysis along with technological advancements offered in the report</li>
<li>The report covers extensive analysis of the trends, drivers, restraints, limitations, threats, and growth opportunities in the Connected Agriculture industry</li>
</ul>
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Segmentation:
<ul>
<li>
<h3>Component Outlook (Revenue, USD Billion; 2018–2028)</h3>
<ul>
<li>Services</li>
<li>Solution</li>
<li>Platforms</li>
</ul>
</li>
</ul>
<ul>
<li>
<h3>Application Outlook (Revenue, USD Billion; 2018–2028)</h3>
<ul>
<li>Pre-Production Planning and Management</li>
<li>In-Production Planning and Management</li>
<li>Post-Production Planning and Management</li>
</ul>
</li>
</ul>
<ul>
<li>
<h3>Regional Outlook (Revenue, USD Billion; 2018–2028)</h3>
<ul>
<li>North America
<ol>
<li>U.S.</li>
<li>Canada</li>
<li>Mexico</li>
</ol>
</li>
<li>Europe
<ol>
<li>Germany</li>
<li>France</li>
<li>U.K.</li>
<li>BENELUX</li>
<li>Italy</li>
<li>Spain</li>
<li>Rest of Europe</li>
</ol>
</li>
<li>Asia Pacific
<ol>
<li>China</li>
<li>Japan</li>
<li>South Korea</li>
<li>India</li>
<li>Rest of APAC</li>
</ol>
</li>
<li>Latin America
<ol>
<li>Brazil</li>
<li>Rest of LATAM</li>
</ol>
</li>
<li>Middle East & Africa
<ol>
<li>Saudi Arabia</li>
<li>UAE</li>
<li>South Africa</li>
<li>Rest of MEA</li>
</ol>
</li>
</ul>
</li>
</ul>
Regional Analysis Covers:
<ul>
<li>North America (U.S., Canada)</li>
<li>Europe (U.K., Italy, Germany, France, Rest of EU)</li>
<li>Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)</li>
<li>Latin America (Chile, Brazil, Argentina, Rest of Latin America)</li>
<li>Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)</li>
</ul>
To know more about the report, visit @ https://www.emergenresearch.com/industry-report/connected-agriculture-market
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