Press release
Smart Farming Market Incredible Possibilities, Growth With Industry Study, growth rate of 12.86%, Detailed Analysis And Forecast by 2030
smart farming market was valued at USD 12.80 billion in 2021 and is expected to reach USD 33.69 billion by 2030, registering a CAGR of 12.86% during the forecast period of 2023-2030. Livestock Monitoring accounts for the largest agriculture type segment in the respective market owing to the rise in consciousness regarding health of animals. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.Smart Farming Market research report is designed with the scrupulous Market analysis carried out by a team of industry experts, dynamic analysts, skilful forecasters and well-informed researchers. And not to mention, the report is amazingly characterized by using several charts, graphs and tables depending on the extent of data and information involved. What is more, influencing factors such as Market drivers, Market restraints and competitive analysis is studied with the SWOT analysis which is the most established tool when it comes to generate Market research report. Businesses can achieve complete knowhow of general Market conditions and tendencies with the information and data covered in the winning Smart Farming business report.
A dependable Smart Farming Market report comprises of all the crucial Market parameters and hence it can be used for the business. Furthermore, complete company profiles covered in this report also explains what recent developments, product launches, joint ventures, mergers and acquisitions are taking place by the numerous key players and brands in the market. The report is provided with the transparent research studies which have taken place by a team work of experts in their own domain. The top-notch Smart Farming Market document also endows with company profiles and contact information of the key Market players in the manufacturer's section.
Key Players Mentioned in the Smart Farming Market Research Report:
Grownetics, Inc. (US), Auroras s.r.l. (Italy), Granular, Inc. (San Francisco), TOPCON CORPORATION (Japan), The Climate Corporation (US), Farmers Edge Inc (Canada), DICKEY-john. (US), Conservis (US), Ag Leader Technology. (US), Raven Industries, Inc. (US), Iteris, Inc. (US), Reed Business Information Ltd (US), AgJunction (Canada), Trimble Inc. (US), Deere & Company. (US), Mothive (US), CropX inc. (US), Ceres Imaging, Inc (US), GAMAYA (Switzerland), AgriData Incorporated. (US), AgEagle Aerial Systems Inc. (US),and Aker Solutions (Norway), among others
The persuasive Smart Farming Market business report contains thorough analysis of the market with respect to several factors about Data Bridge Market Research report industry that range from market drivers, market restraints, market segmentation, opportunities, challenges, and market revenues to competitive analysis. The market report presents CAGR value fluctuations for the specific forecasted period which helps decide costing and investment strategies. For market segmentation study, a market of potential customers is divided into groups or segments based on different characteristics such as end user and geographical region. Smart Farming market research report brings precise and exact market research information that drives the business into right direction.
Read Detailed Index of full Research Study @
https://www.databridgemarketresearch.com/reports/global-smart-farming-market
The report uncovers important insights of the Smart Farming Integration market and includes projections with respect to revenue, industry size, and sales volumes over the study period. Additionally, the Smart Farming Integration market report provides detailed information regarding industry segmentations as well as the driving factors that will propel the profitability graph of the industry.
Based on Smart Farming Market Segmentations
Agriculture Type
Precision Farming
Livestock Monitoring
Fish Farming
Smart Greenhouse
Others
Software
Web Based
Cloud Based
Service
System Integration and Consulting
Support and Maintenance
Connectivity Services
Managed Services
Professional Services
Solution
Network Management
Agriculture Asset Management
Supervisory Control and Data Acquisition
Logistics and Supply Chain Management
Smart Water Management
Others
Application
Yield Monitoring
Field Mapping
Crop Scouting
Weather Tracking and Forecasting
Irrigation Management
Farm Labor Management
Financial Management
Feeding Management
Milk Harvesting
Breeding Management
Fish Tracking and Fleet Navigation
Water Quality Management
HVAC Management
Others
Smart Farming Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
Use of Modern Technologies in Agricultural Products
The use of modern technologies such as variable rate technology (VRT), data management software, mapping software, yield mapping software, and GPS in agricultural products is one of the major factors driving the growth of smart farming market. These technologies improve land fertility and profitability, maximize productivity, reduce the cost of farming and facilitate sustainable agriculture.
Availability of Low-Cost Sensors
The availability of various sensors such as load, temperature, and vibration accelerate the market growth. The on-going technological advancements in the semiconductor industry and intense competition among various manufacturers also drive the market growth.
Concerns regarding Soil Erosion
The increase in the concerns regarding soil erosion encouraging farmers to adopt advanced agricultural technologies further influence the market. The status of soil condition plays a crucial role in decision making regarding sustainable soil management and appropriate land use that is acquired with the help of modern agricultural solutions.
Additionally, rapid urbanization, change in lifestyle, expansion of agricultural sector, surge in investments and increase in government initiatives positively impact the smart farming market.
Opportunities
Furthermore, use of unmanned aerial vehicles or drones in agricultural farms and popularity of land-based recirculating aquaculture systems extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, rise in focus on integration of smartphones with agricultural hardware and software applications will further expand the market.
Smart Farming Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2023-2030):
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)
Benefits:
This research offers a comprehensive analysis of current trends, projections, and dynamics for the years, with the goal of assisting in the identification of current market opportunities.
The individual market revenue of the major countries in each area is mapped.
The research examines the Smart Farming market circumstances on a regional and country-by-country basis.
The Smart Farming market's major participants have been identified.
To understand the competitive environment across geographies, this study assesses the competitive landscape and conducts a value chain analysis.
An in-depth analysis of the Smart Farming market's segmentation within the market has been offered, which is predicted to aid in the current market opportunities.
Table of Contents
Part 01: Executive Summary
Part 02: Scope of the Smart Farming Market Report
Part 03: Smart Farming Market Landscape
Part 04: Smart Farming Market Sizing
Part 05: Smart Farming Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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