Digital Agriculture Market Top key Players - Microsoft Corporation, IBM Corporation, AGCO Corporation, Smart Agrometer, HummingBird Technologies, Gamaya SA, DTN USA, Farmers Edge, Taranis Israel, Eurofins, AgriWebb, FarmERP

Digital agriculture is the application of new and complex technologies integrated into a single system with the goal of increasing food production for farmers and other stakeholders in the agricultural value chain. Digital agricultural systems, on the other hand, collect data more frequently, more accurately, and are typically integrated with data from external sources (such as weather information). The combined data is then analyzed and evaluated to enable farmers to make more informed decisions.

Digital agriculture could change the way the world produces food, but it is still in its infancy, prices are high, and there is no concrete evidence of long-term benefits. This means widespread adoption will require collaboration and consensus across the value chain on how to address these challenges. Consumers at home and abroad are getting more and more information about the products they buy. They demand high-quality organic food and fiber and want to know more about where their products come from. Digital technology can improve the traceability of agricultural products, providing peace of mind to consumers and increasing value to farmers.

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GLOBAL DIGITAL AGRICULTURE MARKET DYNAMICS

Digital agriculture is defined as the use of new, advanced and innovative technologies integrated into a single system or software to enable a variety of stakeholders, such as farmers, researchers and other stakeholders working in an agricultural system or value chain, to increase crop yields and food production. The role of digital agriculture will expand as there is a need to increase food production and yields. By 2050, the annual production of wheat will be about 3 billion tons and the annual output of meat will be about 470 million tons.

These methods save time and money by lowering the cost of applying fertilizers and chemicals and reducing pollution by using fewer chemicals. We also install sensors to help monitor the physicochemical state of soil and plants by detecting factors such as conductivity, nitrate, temperature, evapotranspiration, radiation, leaf and soil moisture, creating ideal conditions for plant development. These characteristics help to increase production with less manpower, ensure a continuous food supply and ensure food security during a pandemic.

GLOBAL DIGITAL AGRICULTURE MARKET SEGMENTATION

The Global Digital Agriculture Market can be segmented into following categories for further analysis.

By Technology of System Type

• Guidance Systems
• Remote Sensing System
• Variable Rate Technology

By Application Type

• Precision based Farming
• Livestock based Farming
• Green House Farming

By Usage Classification Type

• Farmer Usage
• Industrial Usage
• High End Usage

By Solution Usage Type

• Hardware Solution
• Software Solution
• Services Based Solution

By Regional Classification

• Asia Pacific Region – APAC
• Middle East and Gulf Region
• Africa Region
• North America Region
• Europe Region
• Latin America and Caribbean Region
• Sweden

COMPETITIVE LANDSCAPE

Digital agriculture can solve the challenge of feeding large populations while remaining environmentally friendly. Global giants are aggressively working, investing, and implementing M&A strategies to improve the resilience and efficiency of global food supply chains. Farmer productivity and yields will increase with the digital platform's user-friendly interface, harnessing the power of crop yields to prevent global hunger and solve the world's limited farmland problem.

COMPANIES PROFILED

• Microsoft Corporation
• IBM Corporation
• AGCO Corporation
• Smart Agrometer
• HummingBird Technologies
• Gamaya SA
• DTN USA
• Farmers Edge
• Taranis Israel
• Eurofins
• AgriWebb
• FarmERP

Read More Information: https://mobilityforesights.com/product/digital-agriculture-market/

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