New Innovative Report on Smart Agriculture Market Growing at CAGR of +13% by 2022: Technological Advancements, Potential Business Opportunities, Future Prospects with Leading Key Players like Deere & Co., Trimble Navigation, Raven Industries, AgJunction,

The Global Smart Agriculture Market is projected to report a CAGR of +13% during the forecast period.

The demand for smart technologies such as Big Data, cloud-based services, GPS, and the IoT is gaining pace in the agriculture industry. Driven by the rising need for high precision crop analysis, automated farming techniques, and collection of data from the field, the world is likely to witness the agriculture industry get smarter with the implementation of aforementioned technologies in the coming years. Data thus derived from implementing smart technologies can help farmers yield high quality and larger quantity of crops.

The report presents a thorough analytical overview of the past and present state of the market and, with the help of present data, trends, competition, and regulatory framework gives a forward-looking perspective of the way the market will develop over the course of the next few years. Along with qualitative and qualitative details pertaining to the market’s key elements, an overview of the chief macro and micro economic factors that will enable companies to the market to surmount competition are also examined in great details.

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Key Players Profiled in this Report: Deere & Co., Trimble Navigation Ltd., Raven Industries Ltd., AgJunction Inc., AGCO Corporation, SST Development Group Inc., Ag Leader Technology, Hexagon AB, Iteris Inc., TeeJet Technologies.

Smart agriculture can be defined as the process of carrying out agricultural activities using advanced technologies. The advanced technologies used in agriculture are categorized by type, software, services, solutions and applications. Smart agriculture is an innovative way of doing agricultural activities by reducing human effort and making the most of available resources. Precision agriculture includes automation systems and sensing devices. They are used to monitor and control the progress of agricultural activities. The applicability and feasibility of smart agricultural equipment depend on the economic conditions and scale of the agricultural land.

Vendors, stakeholders, consumers, dealers etc. in the global Smart Agriculture market are increasingly introducing a solution that allows this market to work with data collected from a number of diverse sources. The confidence, reliability of data-driven decisions undertaken by solutions in real-time, self-service analytics solutions which will gain more prominence in the global market in the next coming years has been mentioned in this study.

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A key driver of market growth is increased food demand worldwide, increased need for livestock health and performance monitoring, and increased government support for the introduction of modern agricultural technologies. Food demand has increased due to population growth. According to the United Nations, the most recent census, which means a population of 7.3 billion, is expected to reach 9.7 billion by 2050. Food demand is expected to grow exponentially in proportion to population growth.

The global Smart Agriculture market is fragmented with the presence of many international and regional players. Competition in this market is intense and is further anticipated to escalate in the years to come. A competitive analysis of the global market has also been provided in this research report. In order to identify the existing hierarchy in this market, analysts have reviewed the profiles of the key market participants, using several analytical tools, such as SWOT analysis.

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Table of Contents

Global Smart Agriculture Market Research Report

Chapter 1 Global Smart Agriculture Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Smart Agriculture Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis

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