Press release
Connected Agriculture Market is Expected to Reach USD 14.98 Billion by 2030
In this swiftly revolutionizing industry, market research or secondary research is the best approach to collect the information quickly and hence Global Connected Agriculture Market research report is vital. This market report has been prepared with the combination of steps which employs a nice blend of industry insights, practical solutions, and latest tools and technologies. The report aids in identifying and analysing the rising trends along with major drivers, inhibitors, challenges and opportunities in the market. SWOT analysis and Porter's Five Forces Analysis are the two constantly and favorably used tools for structuring the world class market report.The market analysis and insights covered in the persuasive Connected Agriculture market research report provides key statistics on the market status of global and regional manufacturers and is an important source of guidance which gives proper direction to the companies and individuals interested in the industry. Deadline driven generation of report, commitment for the quality and transparency in research method are few of the features with which Connected Agriculture report can be referred confidently. Achieving maximum return on investment (ROI) is one of the most aspiring goals for any industry which can be achieved with the greatest market research report.
Connected agriculture refers to the requirement for sophisticated agricultural techniques to maximise crop yields while utilising the least amount of resources, such as water, fertiliser, and seeds. By using various integrated agricultural technologies, farmers and companies will be able to manage their time on the farm more efficiently while using fewer resources. In order to increase agricultural yields while lowering costs and promoting environmental stability, water management in agriculture is essential. More than merely water conservation is accomplished with connected agriculture.
Data Bridge Market Research analyses that the connected agriculture market, which was USD 3.62 billion in 2022, is expected to reach USD 14.98 billion by 2030, at a CAGR of 19.43% during the forecast period 2023 to 2030. 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 includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
An innovative technological approach that addresses different agricultural issues is connected agriculture. Sensors, satellite imaging, GPS, and big data analytics are all used to do this. As a result of connected agriculture, farmers' productivity and production are improved, and they contribute more to the agricultural industry as a whole. By only treating what is required and only when necessary, connected agriculture enables accurate and moral cultivation. As a result, farmers might produce food that is healthier while preserving, if not enhancing, biodiversity and renewable energy. Utilising network management, agriculture asset management, supervisory control, and data acquisition also enhances farming methods.
Drivers
Growing focus to improve the crop cultivation will drive the market growth
Farmers can increase crop production using connected agriculture while spending less money and exerting less effort than they would using conventional farming techniques. By enabling farmers to skillfully use time and resources in the proper combination to more precisely evaluate the ideal sowing density, estimate fertilisers, and predict crop yields, connected agriculture increases production. Today's farmers depend on modern agricultural innovations including the use of cell phones and other connected equipment. Modern linked technologies such as low power wide area (LPWA), WiFi, Zigbee, and new wireless sensor technologies let farmers plan and carry out a variety of agricultural operations including, acquiring supplies, keeping track of inventories, planting crops at the right time, and so on.
Growing investment by public/private players to streamline the process
Increasing focus of the players operating in the market to escalate the adoption of advanced and connected agricultural practices is bolstering the growth of the market. In January 2023, Aston University joined forces with engineering company Solargen Technologies (SGT) and the University of Nairobi through a Knowledge Transfer Partnership (KTP) to create a smart irrigation system that uses solar and wind energy to provide year-round watering of land and enhance crop production in Kenya. The biggest supplier of irrigation, water, and energy solutions and services in Kenya is SGT. They worked along with non-governmental organisations, governments, and individuals to offer communities in rural and conflict-affected areas of Eastern Africa specialised energy, water, and food security solutions.
Global Connected Agriculture Market: Competitive Analysis
This report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies. The competitive analysis helps the vendor to define an alignment or fit between their capabilities and opportunities for future growth prospects.
The report deeply explores the recent significant developments by the leading vendors and innovation profiles in the Global Connected Agriculture Market including Cisco Systems Inc., (U.S.), Microsoft (U.S.), IBM (U.S.), SAP SE (U.S.), Oracle (U.S.), AT&T Intellectual Property (U.S.), Deere & Company. (U.S.), Iteris, Inc. (U.S.), Trimble Inc. (U.S.), SMAG (France), Ag Leader Technology (U.S.), TELUS Agriculture Solutions Inc. (Canada), Gamaya. (Switzerland), SatSure. (U.K.), SlantRange, Inc. (U.S.), Raven Industries, Inc. (U.S.), AGCO Corporation. (U.S.), Orange Business (France).
It becomes easy to achieve supreme level of insights and obtain knowhow of the best market opportunities into the specific markets with Connected Agriculture market report. The report lists down the company profiles of major market players and brands which explore their actions about product launches, product enhancements, joint ventures, mergers and acquisitions with respect to effect on the sales, import, export, revenue and CAGR values. To acquire best quality market data and information specific to the niche and business requirements, this market report has a lot to offer.
For Complete Report Details, Visit @ https://www.databridgemarketresearch.com/reports/global-connected-agriculture-market
Major Regions:
Geographically, this report split into several key regions, with sales (MT), Revenue (Million USD), market share, and growth rate for these regions, covering
**North America (United States, Canada and Mexico)
**Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
**Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
**South America (Brazil, Argentina, Colombia, and Rest of South America)
**Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
Given the region's vast farming activity and quick acceptance of technology by farmers, North America will continue to have the biggest market share during the forecast period. To efficiently use water and accurately track crop health, North America has been seeing expanding trends including smart water management systems and remote monitoring.
Asia-Pacific is anticipated to experience the highest CAGR over the projection period due to the region's countries' strong emphasis on the adoption and implementation of connected agricultural practises. Rising adoption of cloud-based agricultural technologies in the developing economies will further bolster the region's growth.
Crucial Takeaways: Global Connected Agriculture Market
Committed to offer real time data on ongoing market developments and trends, this detailed research report on global Connected Agriculture market also entails a clear and detailed overview of the this market amidst the global pandemic and the various pandemic management operation designed and implemented by frontline and contributing players alike.
The report particularly zooms in to find the prominent market alterations affecting global Connected Agriculture market in a multi-dimensional scheme encompassing production and consumption patterns, CAGR percentage, pricing alteration, besides lending significant awareness upon evident challenges, threats, development cycles.
The report includes detailed market overview inclusive of details in the historical and current timelines. The report scouts for noteworthy trends and profit generation trends in the past decades, followed by current status.
The multi-timeline Connected Agriculture market analysis is in place to allow market players devise growth-oriented business strategies and tactical decisions, thus securing healthy growth trail and profit numbers in the foreseeable future.
Relevant details on prevalent market competition and rising intensity with inclusion of new market players also find ample mention in the report to evoke wise comprehension and appropriate growth related business strategies, favoring strong competitive edge. Details on technological innovation, and inputs on M&A developments, commercial agreements have all been touched upon in this illustrative research report on the Connected Agriculture market.
Key Pointers Covered in Table of Content:
Chapter 1. Report Overview
Chapter 2. Global Growth Trends
Chapter 3. Market Share by Key Players
Chapter 4. Breakdown Data by Type and Application
Chapter 5. Market by End Users/Application
Chapter 6. COVID-19 Outbreak: Connected Agriculture Industry Impact
Chapter 7. Opportunity Analysis in Covid-19 Crisis
Chapter 8. Market Driving Force
And Many More…
Customization of the Report:
Data Bridge Market Research also provides customization options to tailor the reports as per client requirements. This report can be personalized to cater to your research needs. Feel free to get in touch with our sales team, who will ensure that you get a report as per your needs.
Thanks for reading this article you can also get individual chapter wise section or region wise report version like North America, Europe, MEA or Asia Pacific.
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Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches, we are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.
Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. "Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve."
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