Smart Farming Market to Exhibit a Remarkable CAGR of 12.86% by 2030, Size, Share, Trends, Key Drivers, Growth and Opportunity Analysis

Data Bridge Market Research has recently published comprehensive business research on "Smart Farming Market " including historic data, present market trends, future product environment, marketing strategies, technological innovation, upcoming technologies, emerging trends or opportunities, and the technical progress in the related industry. Smart Farming Market research report gives critical information about the market and business landscape. It suggests how the company is perceived by the target customers and clients that are desired to reach. The report helps us understand how to connect with customers, how to stack up against the competition, and how to plan the next steps. It plays an important role in the process of developing products and services, bringing them to the marketplace, and marketing them to consumers. For many businesses, Smart Farming Market report acts as a key component in developing marketing strategy by providing a fact-based foundation for estimating sales and profitability.

Smart Farming is the comprehensive market research report which studies the challenges, market structures, opportunities, driving forces, emerging trends, and competitive landscape of This industry. By taking into view specific base year and historic year, calculations in the report have been performed which interprets the market performance in the forecast years by giving information about what the market definition, classifications, applications, and engagements are. Besides, the report revises general market conditions, estimates market share and possible sales volume of This industry, figure out the probable market for a new product to be launched and discover the most appropriate method for the distribution of certain product.

The believable Smart Farming report offers remarkable data along with future forecast and thorough analysis of the market on a international and regional level. Few of the data models employed for the research methodology are vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. This global market report studies the trends in consumer and supply chain dynamics that have been observed to be helpful in developing production strategies for This industry. An excellent Smart Farming market report covers market shares for Global, Europe, North America, Asia Pacific and South America.

Data Bridge Market Research analyses that the Global Smart Farming Market was valued at USD 12.80 billion in 2021 and is expected to reach USD 33.69 billion by 2029, registering a CAGR of 12.86% during the forecast period of 2022-2029.

Smart Farming Market Analysis:

This Smart Farming Market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Smart Farming market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

List of the leading companies operating in the Smart Farming Market includes:

Grownetics
(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)

Recent Developments

DeLaval launched RC550 & RC700, a robot collector designed for solid floors in March'2021. These products enhance cow comfort and hoof condition. These robots are capable of handling manure without using additional water due to their unique rotary manure intake system.
John Deere added a new Work Planner feature in January'2021 to help farmers in streamlining their work setup experience. They assist operators work more quickly in the field, and provides farmers with a holistic tool to manage their farms.

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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.

Restraints/Challenges

On the other hand, high cost for development of modern agricultural equipment and fragmented agriculture industry are expected to obstruct market growth. Also, management of large volumes of data for productive decision making and environmental concerns are projected to challenge the smart farming market in the forecast period of 2022-2029.

To Gain More Insights into the Market Analysis, Browse Summary of the Smart Farming Market Report@ https://www.databridgemarketresearch.com/reports/global-smart-farming-market

Global 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 Country Level Analysis

The countries covered in the Smart Farming market report are South Africa, Saudi Arabia, U.A.E., Egypt, Israel, the Rest of Middle East and Africa, U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Netherlands, Belgium, Switzerland, Turkey, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina and Rest of South America. North America dominates globally due to rising demand for advanced technologies and software design and development.

The country section of the report also provides individual market-impacting factors and market regulation changes that impact the market's current and future trends. Data points like downstream and upstream value chain analysis, technical trends, porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

Key Benefits of the report:

This study presents the analytical depiction of the global Smart Farming industry along with the current trends and future estimations to determine the imminent investment pockets.

The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Smart Farming market share.

The current market is quantitatively analysed to highlight the global Smart Farming market growth scenario.

Porter's five forces analysis illustrates the potency of buyers & suppliers in the market.

The report provides a detailed global Smart Farming market analysis based on competitive intensity and how the competition will take shape in the coming years.

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Table of Content: Global Smart Farming Market

1 Introduction

2 Market Segmentation

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Global Smart Farming Market, Agriculture Type

7 Global Smart Farming Market, Software

8 Global Smart Farming Market, By Service

9 Global Smart Farming Market, By Solution

10 Global Smart Farming Market Application

10 Global Smart Farming Market, By Region

11 Global Smart Farming Market, Company Landscape

12 Swot Analysis

13 Company Profile

14 Questionnaire

15 Related Reports

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