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IoT in Agriculture Market Growth, Trends, Size, Technological Advancement, Forecast 2028

04-05-2021 03:51 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: QUINCE MARKET INSIGHTS

IoT in Agriculture Market

IoT in Agriculture Market

QMI comes with an in-depth analysis and prediction report on the IoT in agriculture Market. A new research has been carried out across many regions and sectors. It offers a wide-ranging survey report of market players, product type and application level from all key regions like North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. This study report shows growth in revenues of IoT in agriculture market in USD from the 2020-2028 forecast periods. The Global IoT in agriculture Market Research Report covers all of the significant developments that are being implemented recently across the global market. The study also offers reliable industry values highly dependent on the end-user as well as manufacturers in Global IoT in agriculture market. The IoT in agriculture market study also makes extensive mention of the major market players operating in this sector. According to this report the market will show a CAGR of XX% during the forecast period.

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The analysis of the demand for IoT in agriculture market aims to provide a detailed overview of the market dynamics, geographic development and various growth trends, including key drivers and restricting factors, habits of consumers or end-users, and new avenues. The research study is designed using in-depth qualitative and quantitative analysis of the global market for IoT in agriculture.

IoT-based agricultural tools and equipment can improve yields and slash energy consumption. This It technology can also help to improve farm products ' quality and quantity. Climate change can be forecast with accuracy with the help of sensors, which is an significant factor in agriculture. IoT in agriculture optimizes resource use and assists in generating high yields are expected to drive growth of IoT in agriculture market during the forecast period.

Based on the segments the market is bifurcated into System, Service, application and region. Based on system the agricultural robots market is classified into automation & control system hardware, sensing & monitoring devices, livestock monitoring hardware, fish farming hardware, smart greenhouse hardware, and software. Further the market application is segmented into precision crop farming, livestock monitoring, smart greenhouse, and fish farm monitoring. Smart irrigation has also proven, by the Irrigation Association (IA), to positively impact the market as it efficiently utilizes the consumption of water and reduces energy consumption.

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Based on region, the global agricultural robots market is segmented into North America, Asia Pacific, Western Europe, Eastern Europe, the Middle East, and the Rest of the World. North America is leading the market owing to the increasing penetration of automated farm equipment and associated software in the region. The number of farmers opting for automation of agricultural activities is continuously increasing in the North America. The Asia Pacific is estimated to be one of the fastest-growing markets for IoT in agriculture during the forecast period. The food & agriculture sector is one of the major contributors to economies in the region.

The IoT in agriculture market report presents an in-depth assessment of the offering of various players- Cisco Systems, Inc., IBM, Telit, Hitachi, Ltd, Decisive Farming, Trimble Inc., OnFarm Systems Inc., Farmers Edge Inc., The Climate Corporation, and Decisive Farming. Their strategies to consolidate their shares or positions, and their insight into brand positioning strategies for key traction players are studied here. The analysis in the report looks at the investment patterns of leading players more closely.

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Market Segmentation:

By System:
• Automation & Control System Hardware
• Sensing & Monitoring Devices
• Livestock Monitoring Hardware
• Fish Farming Hardware
• Smart Greenhouse Hardware
• Software

By Service:
• System Integration & Consulting
• Managed Services
• Connectivity Services
• Maintenance & Support

By Application:
• Precision Crop Farming
• Livestock Monitoring
• Smart Greenhouse
• Fish Farm Monitoring

By Region:

North America
o By Country (US, Canada, Mexico)
o By System
o By Service
o By Application

Western Europe
o By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
o By System
o By Service
o By Application

Eastern Europe
o By Country (Russia, Turkey, Rest of Eastern Europe)
o By System
o By Service
o By Application

Asia Pacific
o By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
o By System
o By Service
o By Application

Middle East
o By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
o By System
o By Service
o By Application

Rest of the World
o By Region (South America, Africa)
o By System
o By Service
o By Application

Reasons To Buy This Report:
• Market size estimation of the global IoT in the agriculture market on a regional and global basis
• The unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:
We provide customization of the study to meet specific requirements:
• By Segment
• By Sub-segment
• By Region/Country

Contact:
Quince Market Insights
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com

ABOUT US:
QMI has the most comprehensive collection of market research products and services available on the web. We deliver reports from virtually all major publications and refresh our list regularly to provide you with immediate online access to the world's most extensive and up-to-date archive of professional insights into global markets, companies, goods, and patterns.

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