Connected Agriculture Market Trends, Demand, Opportunities and Forecast By 2030
Connected Agriculture Market Trends, Demand, Opportunities and Forecast By 2030
Blog Article
The Connected Agriculture Market sector is undergoing rapid transformation, with significant growth and innovations expected by 2030. In-depth market research offers a thorough analysis of market size, share, and emerging trends, providing essential insights into its expansion potential. The report explores market segmentation and definitions, emphasizing key components and growth drivers. Through the use of SWOT and PESTEL analyses, it evaluates the sector’s strengths, weaknesses, opportunities, and threats, while considering political, economic, social, technological, environmental, and legal influences. Expert evaluations of competitor strategies and recent developments shed light on geographical trends and forecast the market’s future direction, creating a solid framework for strategic planning and investment decisions.
Brief Overview of the Connected Agriculture Market:
The global Connected Agriculture Market is expected to experience substantial growth between 2024 and 2031. Starting from a steady growth rate in 2023, the market is anticipated to accelerate due to increasing strategic initiatives by key market players throughout the forecast period.
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Which are the top companies operating in the Connected Agriculture Market?
The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Connected Agriculture Market report provides the information of the Top Companies in Connected Agriculture Market in the market their business strategy, financial situation etc.
Cisco Systems Inc., (U.S.), Microsoft (U.S.), IBM (U.S.), SAP SE (U.S.), Oracle (U.S.), AT&T Intellectual Property (U.S.), Deere & Company. (U.S.), Accenture (Ireland), Iteris, Inc. (U.S.), Trimble Inc. (U.S.), SMAG (France), Ag Leader Technology (U.S.), TELUS Agriculture Solutions Inc. (copyright), Gamaya. (Switzerland), SatSure. (U.K.), SlantRange, Inc. (U.S.), Raven Industries, Inc. (U.S.), AGCO Corporation. (U.S.), Orange Business (France)
Report Scope and Market Segmentation
Which are the driving factors of the Connected Agriculture Market?
The driving factors of the Connected Agriculture Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.
Connected Agriculture Market - Competitive and Segmentation Analysis:
**Segments**
- On the basis of component, the global connected agriculture market can be segmented into solutions and services. The solutions segment includes network management, agriculture asset management, supervisory control and data acquisition, and communication systems. The services segment comprises consulting, integration services, and support and maintenance.
- Based on agriculture type, the market is categorized into precision farming, livestock monitoring, fish farming, smart greenhouse, and others. Precision farming is expected to dominate this segment due to the increasing adoption of advanced technologies for enhancing crop productivity.
- By application, the connected agriculture market is divided into farm planning and management, logistics and supply chain management, and others. The farm planning and management segment is likely to witness significant growth as farmers seek efficient ways to optimize resources and maximize yields.
- Considering the deployment mode, the market includes cloud-based and on-premises deployment. The cloud-based deployment mode is anticipated to hold a larger market share owing to benefits such as scalability, flexibility, and cost-effectiveness.
- On the basis of region, North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa are the key regions driving the growth of the global connected agriculture market. North America is expected to lead the market due to the early adoption of connected agriculture solutions and favorable government initiatives to promote digital farming practices.
**Market Players**
- Deere & Company
- Trimble Inc.
- AGCO Corporation
- IBM Corporation
- Cisco Systems, Inc.
- Microsoft Corporation
- Google LLC
- SAP SE
- Oracle Corporation
- Raven Industries
- AgJunction
- TeeJet Technologies
The global connected agriculture market is witnessing significant growth and is projected to continue on a positive trajectory until the year 2030. With advancing technologies and increasing demand for precision farming solutions, the market is poised for substantial expansion. The key segments in the market include components, agriculture type, applications, deployment modes, and regions, with each playing a crucial role in shaping the overall market landscapeThe global connected agriculture market is experiencing remarkable growth driven by the increasing adoption of advanced technologies to enhance agricultural practices. The market segmentation based on components highlights the significance of solutions such as network management, agriculture asset management, supervisory control and data acquisition, and communication systems. These solutions are essential for optimizing farm operations, improving efficiency, and maximizing yields. Additionally, the services segment, including consulting, integration services, and support and maintenance, plays a crucial role in supporting farmers in implementing and managing connected agriculture solutions effectively.
In terms of agriculture type, precision farming is expected to dominate the market due to the rising demand for technologies that enable farmers to monitor and manage their crops with precision. Precision farming allows for precise application of resources such as water, fertilizers, and pesticides, leading to improved productivity and sustainability. Other segments like livestock monitoring, fish farming, and smart greenhouse also contribute to the diverse landscape of connected agriculture solutions, catering to various agricultural practices and requirements.
When it comes to applications, farm planning and management stand out as a key segment driving growth in the connected agriculture market. Farmers are increasingly adopting digital tools and technologies to streamline their operations, optimize resource allocation, and enhance decision-making processes. The integration of connected agriculture solutions into logistics and supply chain management further enhances the efficiency of farm-to-market processes, ensuring timely delivery and reducing wastage.
The choice of deployment mode, whether cloud-based or on-premises, is a critical consideration for stakeholders in the connected agriculture market. Cloud-based deployment offers scalability, flexibility, and cost-effectiveness, making it a preferred option for many farmers and agricultural businesses looking to leverage data-driven insights for decision-making. On-premises deployment, on the other hand, provides greater control and security for sensitive data, catering to specific needs and preferences within the agriculture sector.
In terms of regional dynamics, North America emerges as a leading market for connected agriculture, driven by early adoption of digital farming practices and supportive government initiatives. Europe, Asia-Pacific, Latin America, and the**Market Players**
- Cisco Systems Inc. (U.S.)
- Microsoft (U.S.)
- IBM (U.S.)
- SAP SE (U.S.)
- Oracle (U.S.)
- AT&T Intellectual Property (U.S.)
- Deere & Company. (U.S.)
- Accenture (Ireland)
- Iteris, Inc. (U.S.)
- Trimble Inc. (U.S.)
- SMAG (France)
- Ag Leader Technology (U.S.)
- TELUS Agriculture Solutions Inc. (copyright)
- Gamaya. (Switzerland)
- SatSure. (U.K.)
- SlantRange, Inc. (U.S.)
- Raven Industries, Inc. (U.S.)
- AGCO Corporation. (U.S.)
- Orange Business (France)
The global connected agriculture market is witnessing substantial growth, driven by the adoption of advanced technologies to enhance agricultural practices. With components such as network management, agriculture asset management, supervisory control and data acquisition, and communication systems, the market is well-positioned to optimize farm operations and maximize yields. The services segment, which includes consulting, integration services, and support and maintenance, plays a crucial role in facilitating the effective implementation and management of connected agriculture solutions.
Precision farming is expected to lead the agriculture type segment, owing to the demand for technologies that enable precise crop monitoring and management. This approach allows for optimized resource utilization, resulting in increased productivity and sustainability. Other segments like livestock monitoring, fish farming, and
North America, particularly the United States, will continue to exert significant influence that cannot be overlooked. Any shifts in the United States could impact the development trajectory of the Connected Agriculture Market. The North American market is poised for substantial growth over the forecast period. The region benefits from widespread adoption of advanced technologies and the presence of major industry players, creating abundant growth opportunities.
Similarly, Europe plays a crucial role in the global Connected Agriculture Market, expected to exhibit impressive growth in CAGR from 2024 to 2030.
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Key Benefits for Industry Participants and Stakeholders: –
- Industry drivers, trends, restraints, and opportunities are covered in the study.
- Neutral perspective on the Connected Agriculture Market scenario
- Recent industry growth and new developments
- Competitive landscape and strategies of key companies
- The Historical, current, and estimated Connected Agriculture Market size in terms of value and size
- In-depth, comprehensive analysis and forecasting of the Connected Agriculture Market
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters
The countries covered in the Connected Agriculture Market report are U.S., copyright and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA
Detailed TOC of Connected Agriculture Market Insights and Forecast to 2030
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Connected Agriculture Market Landscape
Part 05: Pipeline Analysis
Part 06: Connected Agriculture Market Sizing
Part 07: Five Forces Analysis
Part 08: Connected Agriculture Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Connected Agriculture Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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