IOT in Agriculture Market to Pronounce $84.5 Billion by 2031: at 12.6% CAGR

The IOT in agriculture market is being driven by several factors, including the growing demand for real-time data analytics, the rising use of cloud-based services, the surge in demand for automation and control systems in a variety of sectors, including manufacturing, healthcare, and transportation, the rise in global population, and the increase in demand for food across the globe.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.alliedmarketresearch.com/request-sample/5094

IoT in agriculture also includes the use of drones, robots, and autonomous vehicles to perform tasks such as planting, monitoring crops, and harvesting. These devices can be equipped with sensors and cameras to collect data on crop growth and health, soil conditions, and other factors that impact crop yield and quality. Overall, IoT in agriculture can help farmers increase productivity, reduce costs, and improve the sustainability of their operations by optimizing resource use and minimizing waste.

Leading Key Players

Some of the major players analyzed in the global Internet of Things (IoT) in agriculture report include Cisco Systems, Inc., International Business Management Corporation (IBM), Telit, Hitachi, Ltd, Decisive Farming, Trimble Inc., OnFarm Systems Inc., Farmers Edge Inc., SlantRange, Inc., and The Climate Corporation.

𝐌𝐚𝐤𝐞 𝐚 𝐃𝐢𝐫𝐞𝐜𝐭 𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞: https://www.alliedmarketresearch.com/checkout-final/fdcf7602c6d331758ffdf82b180148ab

By application, the global IoT in agriculture market is classified into precision farming, livestock monitoring, smart greenhouse, and fish farm monitoring. The precision farming segment dominated the market with the largest share in 2021 and is expected to exhibit significant growth during the forecast period. Precision farming through application of communication and information technology including IoT is expected to revolutionize the global IoT agriculture market. IoT in farming is achieved by implanting sensors that provide real time data.

The data from the sensor can be shared with the growers either through cloud or local server, which depends on reliability of internet connectivity and communication network. Thus, energy loss can be reduced by providing energy-efficient solutions such as harvester and tractors, to monitor farm equipment. These are the factors that fuel the growth in precision farming application of IoT in agriculture market during the forecast period.

𝐆𝐞𝐭 𝐘𝐨𝐮𝐫 𝐑𝐞𝐩𝐨𝐫𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐞𝐝: https://www.alliedmarketresearch.com/request-for-customization/5094

The Internet of Things (IoT) in agriculture market is segmented on the basis of system, application, farm and region. By system, the market is classified into automation & control systems, sensing & monitoring devices, livestock monitoring hardware, fish farming hardware, smart greenhouse hardware, and software. By application, it is categorized into precision farming, livestock monitoring, smart greenhouse, and fish farm monitoring. Based on farms the IOT in Agriculture Industry is categorized into large, medium and small. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The report offers a detailed segmentation of the global IOT in agriculture market based on system, farm type, application and region. The report provides an analysis of each segment and sub-segment with the help of tables and figures. This analysis helps market players, investors, and new entrants in determining the sub-segments to be tapped on to achieve growth in the coming years.

𝐓𝐚𝐥𝐤 𝐭𝐨 𝐨𝐮𝐫 𝐀𝐧𝐚𝐥𝐲𝐬𝐭: https://www.alliedmarketresearch.com/connect-to-analyst/5094

Key Market Findings

Based on application, the Precision farming segment dominated the global market in the year 2021 and is likely to remain dominant during the IOT in agriculture market Forecast period.

Based on the system, the software segment dominated the global market in the year 2021 and is likely to remain dominant during the forecast period.

Based on farm type, the large farm segment dominated the global market in the year 2021 and is likely to remain dominant during the forecast period.

Based on region, the Asia-Pacific region segment dominated the global market in the year 2021 and is likely to remain dominant during the forecast period.

𝐂𝐡𝐞𝐜𝐤 𝐨𝐮𝐭 𝐦𝐨𝐫𝐞 𝐫𝐞𝐥𝐚𝐭𝐞𝐝 𝐬𝐭𝐮𝐝𝐢𝐞𝐬 𝐩𝐮𝐛𝐥𝐢𝐬𝐡𝐞𝐝 𝐛𝐲 𝐀𝐌𝐑 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡:

Licorice Extract Market - https://www.globenewswire.com/fr/news-release/2021/07/14/2262914/0/en/Global-Licorice-Extract-Market-Is-Expected-to-Reach-3-57-Billion-by-2030-Says-AMR.html

Crop Micronutrients Market - https://www.globenewswire.com/news-release/2021/06/28/2253974/0/en/Canada-Crop-Micronutrients-Market-Is-Expected-to-Reach-261-7-Million-by-2027-Says-AMR.html

Microalgae Market - https://www.globenewswire.com/en/news-release/2021/10/21/2318536/0/en/Global-Microalgae-Market-to-Reach-1-48-Billion-by-2028-Allied-Market-Research.html

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