Press release
Global Agriculture IoT Market Growth, Share, Size, Trends And Forecast (2023 - 2032) | Deere & Company, DeLaval, Topcon Positioning Systems, Inc., Trimble Inc.
Agriculture IoT Market Report
As per the agriculture IoT market report by The Business Research Company, A rise in the demand for food is driving the growth of the agriculture IoT market going forward. Food refers to the substance eaten by humans and animals to provide essential nutrition and nourishment to the body. The growing population of people across the globe is causing an increase in food demand. IoT solutions are geared toward assisting farmers in bridging the supply-demand gap by guaranteeing high yields, financial success, and environmental protection.
The global agriculture IoT market size is expected to grow from $12.75 billion in 2022 to $15.68 billion in 2023 at a compound annual growth rate (CAGR) of 11.44%. The agriculture IoT market is expected to reach $20.42 billion in 2027 at a CAGR of 9.49%.
Read More On The Agriculture IoT Market Report Here:
https://www.thebusinessresearchcompany.com/report/agriculture-iot-global-market-report
Major competitors in the agriculture IoT market include Deere & Company, DeLaval, Topcon Positioning Systems, Inc., Trimble Inc., Raven Industries, AgJunction, Farmers Edge, Inc., Precision Hawk, AgEagle Aerial Sys, Komatsu Forest AB, InnovaSea Systems, Steinsvik, Ponsse PLC (Finland), Hexagon Agriculture and Eruvaka Technologies.
The agriculture IoT market is segmented -
•By Component type: Hardware, Software, Connectivity and Services
•By Hardware Type: Precision Farming Hardware, Precision Livestock Hardware, Precision Aquaculture Hardware, Precision Forestry Hardware, Smart Greenhouses Hardware, Others Hardware
•By Farm Type: Large, Mid-Sized, Small Farms
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the agriculture IoT market.
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Agriculture IoT (Internet of Things) refers to using sensors, cameras, and other gadgets to convert every aspect and action related to farming into data. Agriculture IoT helps in creating large data sets from weather, moisture, plant health, mineral status, chemical applications, insect presence, and many other variables, enabling big data engineers to derive insights about the farm at various degrees of granularity using software algorithms. Agriculture IoT helps farmers use these data to decide how to plant, irrigate, harvest, and more.
The Table Of Content For The Agriculture IoT Market Include:
1. Executive Summary
2. Agriculture IoT Market Characteristics
3. Agriculture IoT Market Trends And Strategies
4. Agriculture IoT Market - Macro Economic Scenario
5. Agriculture IoT Market Size And Growth
……
26. Africa Agriculture IoT Market
27. Agriculture IoT Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Agriculture IoT Market
29. Agriculture IoT Market Future Outlook and Potential Analysis
30. Appendix
The "Global Agriculture IoT Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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