Press release
Digital Agriculture Market Is Likely To See A Massive Surge In Demand And Growth In The Forecast Period 2023-2032
Digital Agriculture Market
The Business Research Company's Digital Agriculture Global Market Report 2023 identifies rise in the population is expected to propel the growth of the digital agriculture market. Artificial intelligence and the Internet of Things have the potential to revolutionize agriculture intelligence by increasing yields and avoiding or reducing food loss.
The global digital agriculture market size grew from $13.03 billion in 2022 to $14.44 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The digital agriculture market size is expected to grow to $21.77 billion in 2027 at a CAGR of 10.8%.
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Major competitors in the digital agriculture market are 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 penetration of technology and electronic devices is a key trend gaining popularity in the digital agriculture market. Major companies operating in the digital agriculture sector are focused on the penetration of technology and electronic devices to sustain their position in the market.
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The digital agriculture market is segmented -
• By Type: Crop Monitoring, Artificial Intelligence, Precision Farming
• By Company Type: Tier 1-55%, Tier 2-20%, Tier 3-25%
• By Deployment: Cloud, On-Premise
• By Applications: Field Mapping, Crop Scouting, Weather Tracking, Drone Analytics, Financial Management, Farm Inventory Management, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the digital agriculture market.
The Business Research Company's "Global Digital Agriculture Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Digital Agriculture Market Include:
1. Digital Agriculture Market Executive Summary
2. Digital Agriculture Market Segments
3. Digital Agriculture Market Size And Digital Agriculture Market Growth Rate
4. Key Digital Agriculture Market Trends
5. Major Digital Agriculture Market Drivers
……
25. Key Mergers And Acquisitions In The Digital Agriculture Market
26. Top Digital Agriculture Companies
27. Digital Agriculture Market Opportunities And Strategies
28. Digital Agriculture Market, Conclusions And Recommendations
29. Appendix
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