Connected Agriculture Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | Cisco Systems Inc., IBM Corporation, SAP SE, Trimble Navigation Ltd., Vodafone plc, Microsoft Corporation

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2203

The Business Research Company offers in-depth market insights through Connected Agriculture Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The connected agriculture market size has grown rapidly in recent years. It will grow from $3.1 billion in 2023 to $3.63 billion in 2024 at a compound annual growth rate (CAGR) of 16.9%. The growth in the historic period can be attributed to increasing global population, demand for sustainable agriculture practices, government initiatives and subsidies, climate change and weather variability, globalization of agriculture markets, improving connectivity infrastructure..

The connected agriculture market size is expected to see rapid growth in the next few years. It will grow to $6.53 billion in 2028 at a compound annual growth rate (CAGR) of 15.8%. The growth in the forecast period can be attributed to focus on soil health monitoring, efforts to bridge the digital divide, focus on yield optimization, environmental conservation initiatives, smart irrigation systems.. Major trends in the forecast period include adoption of iot technologies, precision farming practices, use of drones and uavs, smart irrigation systems, farm management software, emergence of agri-tech startups, telematics in equipment monitoring..

Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=7914&type=smp

Market Segmentation:
The connected agriculture market covered in this report is segmented -

1) By Component: Solution, Platforms, Services
2) By Platform: Device Management, Application Enablement, Connectivity Management
3) By Application: Farm Planning And Management, Smart Logistics, Agriculture Finance, Smart Irrigation

Major Driver - Enhancing Agricultural Processes With Connected Agriculture For Increased Crop Production
Increasing demand for crops is expected to propel the growth of the connected agriculture market going forward. 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. For instance, India sets the target for total food grain production at 328 million tonnes for the years 2022-23, compared to 316 million tonnes of total food grain production in 2021-22. Therefore, increasing demand for crops will drive the growth of the connected agriculture market.

Competitive Landscape:
Major companies operating in the connected agriculture market report are Cisco Systems Inc., IBM Corporation, SAP SE, Trimble Navigation Ltd., Vodafone plc, Microsoft Corporation, American Telephone and Telegraph Inc., Deere & Company, Iteris Inc., Ag Leader Technology, Decisive Farming Corp., SWIIM System Ltd., Oracle Corporation, Fujitsu Limited, Hexagon AB, Raven Industries Inc., Topcon Corporation, AgJunction Inc., Agribotix LLC, CropX Inc., Granular Inc., PrecisionHawk Inc., The Climate Corporation, TerrAvion Inc., Descartes Labs Inc., Farmers Edge Inc., Mavrx Inc., Sentera Inc., Absolute Agronomy LLC, AgNext Technologies Private Limited, DeHaat, Cropin Technology Solutions, RML AgTech Pvt. Ltd.

Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/connected-agriculture-global-market-report

Top Trend - Technological Advancements Drive Innovation In Connected Agriculture Market
Technological advancements have emerged as a key trend gaining popularity in the connected agriculture market. 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 Command Center opens with the work plan for that field, and they may start collecting data by clicking one button. Work Planner enables users to monitor equipment and fieldwork from anywhere using the Operations Center mobile app.

The Table Of Content For The Market Report 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
…..
27. Connected Agriculture Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx

About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.

This release was published on openPR.