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Digital Agriculture Market 2022 Analysis By Size, Share, Growth, Trends Up To 2031 | Farmers Edge, IBM Corporation, Bayer AG, Deere & Company, HummingBird Technologies, AGCO Corporation, Gamaya SA, Trimble Navigation Ltd.
Digital Agriculture Market
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The global digital agriculture market report by the business research company identifies rise in the population to be a major growth driver for the digital agriculture market. The rise in population refers to the sum of the difference between births and fewer deaths; and the difference between immigrants and fewer emigrants, either all over the globe or concerning the country, territory, or geographic area. Artificial intelligence and the Internet of Things have the potential to revolutionise agriculture intelligence by increasing yields and avoiding or reducing food loss. For instance, in 2021, according to "The World Bank," a US-based international financial institution that provides loans and grants to the governments of low and middle-income countries, the world population reached 7.87 billion, up from 7.76 billion in 2020. Therefore, the rise in the population is driving the digital agriculture market.
The global digital agriculture market size is expected to grow from $11.78 billion in 2021 to $13.14 billion in 2022 at a compound annual growth rate (CAGR) of 11.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The digital agriculture market is expected to grow to $20.28 billion in 2026 at a CAGR of 11.5%.
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North America was the largest region in the digital agriculture market in 2021. The regions covered in this digital agriculture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major companies in the Digital Agriculture market include Farmers Edge, IBM Corporation, Bayer AG, Deere & Company, HummingBird Technologies, AGCO Corporation, Gamaya SA, Trimble Navigation Ltd., DTN, Syngenta AG, Eurofins Scientific SE, AgriWebb, BASF SE, Raven Industries Inc., and Cisco Systems Inc.
The global Digital Agriculture market is segmented -
1) By Type: Crop Monitoring, Artificial Intelligence, Precision Farming
2) By Company Type: Tier 1-55%, Tier 2-20%, Tier 3-25%
3) By Deployment: Cloud, On-Premise
4) By Applications: Field Mapping, Crop Scouting, Weather Tracking, Drone Analytics, Financial Management, Farm Inventory Management, Other Applications
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The Digital Agriculture Market Report Contents Include
1. Executive Summary
2. Digital Agriculture Market Characteristics
3. Digital Agriculture Market Trends And Strategies
4. Digital Agriculture Market - Macro Economic Scenario
5. Digital Agriculture Market Size And Growth
....
27. Digital Agriculture Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Digital Agriculture Market
29. Digital Agriculture Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the Digital Agriculture market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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