IoT in Agriculture Market 2019-2027 Rise in Inclusive to Promote Growth | Accenture, Climate, Deepfield Robotics, Farmers Edge, Flux Farm, IBM, KaaIoT Technologies, Octonion SA, Telit
Growing demand for agriculture due to increasing popularity, growing focus towards improving the efficiency and monitoring the crops, and supporting government norms are the significant factors that are expected to drive the growth of IoT in the agriculture market. However, high costs of solution and limited technical knowledge are the major restraining factors for IoT in the agriculture market. Increasing connectivity, the introduction of big data in agriculture are creating opportunities for the companies operating in the IoT in the agriculture market to gain a strong customer base and generate more revenues.
Key Benefits for IoT in Agriculture Market:
- This study presents analytical depiction of the IoT in Agriculture market analysis along with the current trends and future estimations to depict the imminent investment pockets.
- The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
- The report presents information related to key drivers, restraints, and opportunities of the market with a detailed impact analysis.
- The current IoT in Agriculture market size is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
- Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the IoT in Agriculture industry.
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IoT in Agriculture Market to 2027 - Global Analysis and Forecasts by Offering (Automation and Control Systems, Sensing and Monitoring Devices, Livestock Monitoring Solutions, Software Solutions, Others); Application (Precision Farming, Livestock Monitoring, Aquaculture, Others); End user (Individuals, Commercial) and Geography
The report also includes the profiles of key IoT in agriculture companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Climate Corporation
- Deepfield Robotics
- Farmers Edge Inc.
- Flux Farm, Inc.
- IBM Corporation
- KaaIoT Technologies, LLC
- Libelium Comunicaciones Distribuidas S.L
- Octonion SA
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global IoT in agriculture market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The IoT in agriculture market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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The report analyzes factors affecting IoT in agriculture market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the IoT in agriculture market in these regions.
The reports cover key developments in the IoT in agriculture market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market payers from IoT in agriculture market are anticipated to lucrative growth opportunities in the future with the rising demand for IoT in agriculture in the global market. Below mentioned is the list of few companies engaged in the IoT in agriculture market.
GLOBAL IoT in Agriculture by Offering
- Automation and Control
- Sensing and Monitoring Devices
- Livestock Monitoring
By Product Application
- Precision Farming
- Livestock Monitoring
By Product End user
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Reason to Buy:
– Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global IoT in Agriculture Market
– Highlights key business priorities in order to assist companies to realign their business strategies.
– The key findings and recommendations highlight crucial progressive industry trends in the IoT in Agriculture Market, thereby allowing players to develop effective long term strategies.
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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