Internet of Things (IoT) Agriculture Market was valued at USD 11.5 Billion in 2021, and it is expected to reach USD 23.4 Billion by 2029, exhibiting a CAGR of 9.29 % during the forecast period (2022-2029)
Internet of Things (IoT) Agriculture Market Overview:
The report provides a comprehensive analysis of the current and historical growth patterns of the Internet of Things (IoT) Agriculture Market including its CAGR, market size, forecast, revenue share, and price trends. It also identifies the industry-specific challenges, opportunities, and technological advancements that can help Internet of Things (IoT) Agriculture Market players increase revenue and growth. The report also covers the present and emerging trends that are influencing the development of the market.
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Internet of Things (IoT) Agriculture Market Report Scope and Research Methodology:
Data on the revenues of major competitors in the market were first gathered as part of the research technique used to estimate and forecast the Internet of Things (IoT) Agriculture Market. The size of each segment’s global market was ascertained using a variety of secondary sources, such as journals, white papers, and industry groups. In order to determine market segmentation, key players’ offerings were also taken into account.
Internet of Things (IoT) Agriculture Market Dynamics:
In addition to the alarming rate at which the world’s population and food consumption are expanding, climate change is making it more challenging to ensure sustainable food security. In a world that will progressively experience food shortages, it is imperative to use IoT technology to grow food more quickly and sustainably. On the other hand, substantial quantities of arable farmland have suffered as a result of climate change in recent years.
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Internet of Things (IoT) Agriculture Market Regional Insights
The report provides a geographical segmentation of the Internet of Things (IoT) Agriculture Market,with market size, growth rate, and import and export data for key countries. The regional and country sections also provide a detailed analysis of the factors that are influencing the growth of the Internet of Things (IoT) Agriculture Market and the changes in market regulations that are impacting current and future market trends. The major indicators that are used to forecast the Internet of Things (IoT) Agriculture Market conditions for each country include consumption quantities, manufacturing sites and volumes, import-export analysis, price trend analysis, cost of raw materials, and downstream and upstream value chain analysis.
Internet of Things (IoT) Agriculture Market Segmentation:
by System
• Automation and control systems
• Sensing and monitoring devices
• Livestock monitoring Hardware
• Fish farming hardware
• Smart greenhouse hardware
• Software
by Application
• Precision farming
• Livestock monitoring
• Smart greenhouse
• Fish farm monitoring
by Farm Type
• Large
• Mid-Sized
• Small Farms
Internet of Things (IoT) Agriculture Market Key Players:
• Deere & Company
• Trimble, Inc.
• Leica Geosystems
• Raven Industries
• AG Junction, Inc.
• Agco Corporation
• Precision Planting Inc.
• The Climate Corporation
• DeLaval
• GEA Farm Technology
• Lely
• Antelliq
• AG Leader Technology
• Tigercat
• Ponsse
• Komatsu Forest AB
• DICKEY-john Corporation
• Hitachi, Ltd
• Telit
• Decisive Farming
• OnFarm Systems Inc.
• Farmers Edge Inc.
• SlantRange, Inc.
• SmartCultiva Corporation
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Key Questions answered in the Internet of Things (IoT) Agriculture Market Report are:
- What are the Internet of Things (IoT) Agriculture Market segments?
- Which segment has the largest Internet of Things (IoT) Agriculture Market share?
- What are the main factors driving the growth of the Internet of Things (IoT) Agriculture market?
- What is the competitive scenario of the Internet of Things (IoT) Agriculture Market?
- Which region has the maximum Internet of Things (IoT) Agriculture Market share?
- What is the CAGR of the Internet of Things (IoT) Agriculture Market during the forecast period?
- Who are the major players in the Internet of Things (IoT) Agriculture Market?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by segments, sub-segments and region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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