Internet of Things (IoT) Agriculture Market Overview:
Internet of Things (IoT) Agriculture Market Research provides a comprehensive overview of Internet of Things (IoT) Agriculture to provide a current understanding of the market and its features. The report also includes detailed information on forecasted statistics, significant advancements, and revenue.
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Internet of Things (IoT) Agriculture Market Scope:
The global Internet of Things (IoT) Agriculture market report provides statistics and analytical insights to give a comprehensive understanding of the market size, share, trend, growth, demand, market player and industry profile, opportunities, value chain, end-users, types, and applications. It also includes accessible opportunities in micro and macro markets for stakeholders to invest, as well as a detailed analysis of the competitive landscape and product offerings of major competitors.
The qualitative and quantitative data in the report help decision-makers identify market segments, regions, and variables that are likely to drive the Internet of Things (IoT) Agriculture market at a faster pace, as well as major opportunity areas. SWOT analysis, PESTLE analysis, and PORTER analysis have been used to provide an in-depth analysis of the Internet of Things (IoT) Agriculture market.
Regional Analysis:
The research has been conducted on each regional Internet of Things (IoT) Agriculture market to determine its current and future growth potential. The Internet of Things (IoT) Agriculture market report covers all five regions and their country-specific distribution. Their market size and trends are also included in the Internet of Things (IoT) Agriculture report.
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Internet of Things (IoT) Agriculture Market Dynamics:
Agriculture implements IoT over the use of drones, robots, sensors, and computer imaging integrated with analytical tools for receiving insights and monitoring the farms. Agriculture with physical equipment monitor and record data, which is subsequently used to gain insightful information. The IoT agriculture industry provides vendors with a large platform from which to meet the entire demand. There is more competition for agricultural IoT sales globally. As a result of increased competition, new vendors are meeting consumer demand for more affordable agriculture IoT by providing a range of alternatives at competitive prices. Among the top businesses in the agriculture IoT sector are DeLaval, Crop Metrics, Raven Industries, AeroFarms and SmartCultiva Corporation.
Internet of Things (IoT) Agriculture Market Segmentation:
by Application
• Precision farming
• Livestock monitoring
• Smart greenhouse
• Fish farm monitoring
By application, precision farming segment is estimated to account for over 35% of the total market share in 2021. The rise in the market share of precision farming is being promoted by the IoT integration in the precision imaging for the monitoring of soil, water, and weather, along with the real-time data collection about the health of the equipment and farm's condition with the aid of drones' sensors, controllers, etc. Precision farming aims to assess data produced by sensors and respond appropriately. With the use of sensors, precision farming enables farmers to collect data, analyse it, and make quick, informed decisions. Numerous precision agricultural methods, including livestock management, vehicle monitoring, and irrigation management, all contribute significantly to raising productivity and effectiveness.
by Farm Type
• Large
• Mid-Sized
• Small Farms
Based on Farm type, small farms segment commanded the largest share of the Internet of Things (IoT) Agriculture Market in 2021. Thanks to the declining cost of farm automation equipment and technological advancements that make it more practical to deploy automation tools even on smaller farms to achieve high returns on investments, small farms are anticipated to adopt automation and other advanced technologies at the fastest rate in the coming years.
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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
Key Questions answered in the Internet of Things (IoT) Agriculture Market Report are:
- What is the forecast period of the Internet of Things (IoT) Agriculture Market?
- What is the growth rate of the Internet of Things (IoT) Agriculture Market?
- What are the Internet of Things (IoT) Agriculture Market segments?
- Which region held the largest Internet of Things (IoT) Agriculture market share in 2022?
- What are the opportunities for the Internet of Things (IoT) Agriculture Market?
- What factors are affecting the Internet of Things (IoT) Agriculture market growth?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2023-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis of each segment and their sub-segments
- Landscape- Leading key players and other prominent key players.
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