New innovation in IoT in Agriculture Market Analysis & Forecast- 2019 to 202: Top 10 Key Players International Business Management Corporation (IBM), OnFarm Systems Inc., Hitachi, Ltd, Decisive Farming, Trimble Inc., Cisco Systems Inc.

IoT in Agriculture Market, integrates advanced IoT-based technology tools, systems, equipment and solutions to increase operational efficiency, maximize yields and minimize energy waste through real-time field data collection, data storage, data analysis and control development. Various IoT-based applications such as precision agriculture, livestock monitoring, smart greenhouses and fish farm monitoring are expected to help speed up the agriculture process.

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Top Key Players International Business Management Corporation (IBM), OnFarm Systems Inc., Hitachi, Ltd, Decisive Farming, Trimble Inc., Cisco Systems Inc., Farmers Edge Inc., Telit, SlantRange, Inc., and The Climate Corporation.

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This report provides pin-point analysis for changing competitive dynamics
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IoT in Agriculture Market is a major issue in the present global scenario, and especially so due to the increasing population day by day. Numerous research studies have discovered that the current food production volume needs to be doubled in order to suffice for the needs of the current burgeoning population. Furthermore, owing to the fact that natural resources such as land, water and labor are limited, agricultural productivity needs to be compounded to feed the masses. Adoption of automation and mechatronics, especially IoT technologies in farming operations is a colossal step towards contributing in ensuring production efficiency and sustainability.

The IoT technologies have largely transformed the agriculture sector by providing adequate support systems, backed by real time data gathered by utilizing a number of modern technologies, and by maximizing the quality and quantity of agricultural produce along with the financial returns. IoT in agriculture is a system that connects different components and allows the user to have a multifaceted view of his farming operations and also assists in decision making. In other words, the major IoT technologies actively assist in collecting data regarding crop and soil behavior, animal/ cattle conditions & their locations, agricultural machines, and inventory status, among others, with the combination of different technologies in one single system such as sensors, cloud computing, RFID tags, and data management software among others.

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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

The IoT in agriculture market is a combination of complex components, technologies and systems. Increasing emphasis on food security, growing adoption of ICT in agriculture, adoption of UAVs/ drones in agriculture applications, growing popularity of precision agriculture, and need for data management in agriculture are some of the factors responsible for the growth of this market. However, the market consists of certain challenges which are inhibiting the overall growth for the market, such as huge capital investment, lack of infrastructure, lack of awareness in emerging economies, and lack of government support.

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The competitive landscape for the IoT in agriculture market demonstrates an inclination towards companies adopting strategies such as partnerships & collaborations, and business expansions, among others. Ag Leader Technology, Trimble Navigation, Ag Junction, SST Software, and John Deere & Co. were the most prominent names that surfaced in 2019 in this regard. These companies underwent a range of mergers & acquisitions and entered into various partnerships & collaborations.

Adoption of this technology requires coordination between different members of the value chain. No one member can serve all the purposes of the market, hence there has to be proper inter-connection between each domain. The increasing emphasis on food security and ICT in agriculture will generate a huge market for IoT in agriculture in the future. The rising demand in developing countries and expansion of the smartphone technologies are foreseen as viable opportunities for this market.

The report addresses the following questions about the global IoT in agriculture market:
• What are the different factors driving the market and how will the impact of those drivers change through the forecast period?
• What are the major factors challenging the growth of global IoT in agriculture market and how can they be addressed throughout the forecast period?
• How will the market players leverage on key developments such as acquisitions, partnerships, and product launch among others?
• Which region will lead the global IoT in agriculture market by the end of the forecast period?
• How much is the revenue generated by the key system components across different geographies?
• What are the prevalent application types and what is the market size for each of them?
• What are the prevalent systems and the components used in these systems and what is the market size for each of them?
• How will the overall competitive rivalry in the market evolve through the forecast period?

Further, the report includes a comprehensive analysis of the geographical split into North America, Europe, Asia-Pacific (APAC), and Rest of the World (R.O.W.). Each geographical region analysis details the individual push and pull forces in addition to the key players from that particular region. The prominent players operating in the global IoT in agriculture market are AGCO Corporation, CNH Industrial, John Deere & Company, Lindsay Corporation, Raven Industries, and Trimble Navigation among

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Table of Contents:
Global IoT in Agriculture Market Research Report 2019-2023
Chapter 1 Global IoT in Agriculture Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global 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 IoT in Agriculture 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
Chapter 12 Global IoT in Agriculture Market Forecast

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