Connected Agriculture Market Share, Competitive Landscape, Growth Factors, Revenue Analysis

 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.

 The comprehensive assessment of value chain of the Connected Agriculture industry is emphasized in the report to help business owners, stakeholder and field marketing personnel get a clear understanding of the key competency of the different activities involved. The market opportunity analysis offered in the market intelligence report measures various intangible factors such as gross margin, profit, demand and supply, distribution channel and spending power of the customers. Importantly, the study classifies the industry into an array of segments based on product type, application and consumer preference. The evaluation of the various segments is useful in getting clarity about the growth areas and viable opportunities in the Connected Agriculture market for the forecast period, 2019 to 2032.

 

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Key companies operating in the Connected Agriculture market include:

IBM, Microsoft, AT&T, Deere & Company, SAP SE, Accenture, Cisco Systems, Inc., Oracle Corporation, Iteris, Inc. and Trimble Navigation

Key market aspects studied in the report:

Market Scope: The report explains the scope of various commercial possibilities in the global Connected Agriculture market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Key Benefits of the Report:

  • Comprehensive analysis of the competitive scenario and its changing dynamics
  • Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
  • In-depth 8-year analysis of the Global Connected Agriculture Market
  • Critical understanding of the key market segments
  • Comprehensive analysis of the drivers, restraints, trends, and opportunities
  • Detailed regional analysis and extensive company profiling
  • Extensive assessment of current and emerging trends of the market

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Connected Agriculture Market Segmentation:

  • Component Outlook (Revenue, USD Billion; 2018–2028)

    • Services
    • Solution
    • Platforms
  • Application Outlook (Revenue, USD Billion; 2018–2028)

    • Pre-Production Planning and Management
    • In-Production Planning and Management
    • Post-Production Planning and Management
  • Regional Outlook (Revenue, USD Billion; 2018–2028)

    • North America
      1. U.S.
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. U.K.
      4. BENELUX
      5. Italy
      6. Spain
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. Japan
      3. South Korea
      4. India
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Rest of MEA

 

Connected Agriculture Market Segmentation by Regions:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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