Advanced Farming Market: Potential, Traders, Regional Overview And Swot Analysis Till 2027

Advanced farming market caters to agriculture-based activities through utilization of connected and advanced information technologies for the analysis, monitoring, identifying and controlling the field operations to maximize the yield and ensure profitability. Moreover, optimum utilization of the available resources that include light, water, space, energy, and costs associated with the maintenance form the primary factors that are expected to drive overall demand.

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Global Advanced Farming Market: Key Players
Major players operating in the global advanced farming market includes, John Deere & Company, Raven Industries, Inc., AGCO Corp., AgJunction Inc., Trimble Inc., Cisco Systems, IBM Corp., Smart Fertilizer Management, Blue River Technology, Microsoft Corp., Intel Corporation, ThingWorx, and Growing Smart among others.

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Growth Factor:
China, India, Russia, Indonesia, Thailand, and Brazil are among the major global agricultural production economies. These are emerging regions wherein the rural area produce accounts for the major proportion of the country produce. Lack of appropriate knowledge of the advanced farming processes, low consumer motivation, high operational complexities, and lack of affordable internet connectivity are major challenges hindering the overall market growth.

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High consumer motivation towards advanced technologies, extensive government initiatives to support the agriculture from the U.S. Department of Agriculture, and high production demands is expected to drive the regional growth over the forecast period. China, India, Indonesia, and Thailand are among the most potential markets across the globe, however, lack of proper infrastructure and knowledge for the handling of these systems will continue to interfere with the growth prospects.

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