Connected Agriculture Market 2023 Analysis, Size, Share, Business Overview, Trends And Forecast 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company's Connected Agriculture Global Market Report 2023 identifies Increasing demand for crops as the major driver for the Connected Agriculture market's growth in the forecast period. Crops, in agriculture, refer to a plant or plant product that can be widely cultivated and harvested for income or dietary needs. Connected agriculture helps boost crop yields from existing land by tracking, evaluating, controlling, and ultimately enhancing crucial agricultural processes at all points in the farming cycle.

The global connected agriculture market size is expected to grow from $2.64 billion in 2022 to $3.13 billion in 2023 at a compound annual growth rate (CAGR) of 18.4%. 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, causing inflation across goods and services and affecting many markets across the globe. The connected agriculture market size is expected to grow to $5.91 billion in 2027 at a CAGR of 17.2%.

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Major competitors in the Connected Agriculture market are Cisco Systems Inc., IBM Corporation, SAP SE, Trimble Navigation Ltd., Vodafone PLC, Microsoft Corporation.

A key trend in the Connected Agriculture market includes technological advancements. Major companies operating in the connected agriculture market are focused on innovating new technologies to sustain their position in the market. For instance, in January 2021, John Deere, a US-based manufacturer of agricultural machinery and heavy equipment introduced "Work Planner" as a centralized tool to its operations center platform. As part of the most recent updates to John Deere's Digital Ecosystem, the 'Work Planner' software is being made available online. For the operator, this means that as soon as they pull into a paddock, a pop-up window on the Generation 4 CommandCenter opens with the work plan for that field, and they may start collecting data by clicking one button.

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The Connected Agriculture market is segmented -
• By Component: Solutions, Platforms, Services
• By Platform: Device Management, Application Enablement, and Connectivity Management
• By Application: Farm Planning And Management, Smart Logistics, Agriculture Finance, Smart Irrigation
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Connected Agriculture market.

The Business Research Company's "Global Connected 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 Connected Agriculture Market Include:

1. Executive Summary
2. Connected Agriculture Market Characteristics
3. Connected Agriculture Market Trends And Strategies
4. Connected Agriculture Market - Macro Economic Scenario
5. Connected Agriculture Market Size And Growth
……………………………………………………………..
26. Africa Connected Agriculture Market
27. Connected Agriculture Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Connected Agriculture Market
29. Connected Agriculture Market Future Outlook and Potential Analysis
30. Appendix

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