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Digital Agriculture Market worth $39.84 billion by 2030, growing at a CAGR of 10.43% - Exclusive Report by 360iResearch
Digital Agriculture Market | 360iResearch
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Digital agriculture involves the innovative use of technology, including sensors, software, precision equipment, drones, cloud computing, and data analytics, to enhance farming practices and productivity. Rising global populations and climate change make these advanced technologies necessary for sustainable farming. Applications such as crop monitoring through drones, soil management with sensors, precision farming using GPS-guided machinery, and supply chain management through blockchain technology are critical for optimizing resource use and boosting yields. Entities investing in digital agriculture range from individual farmers and large-scale operations to agribusinesses, cooperatives, governmental bodies, and research institutions. Key growth drivers include advancements in IoT, AI, and machine learning, increased food production demand, government support, and climate change adaptation. Opportunities exist in IoT and data analytics for real-time decision-making, AI and machine learning for predictive farming, blockchain for supply chain transparency, and drones for advanced crop monitoring. Recommendations include partnering with tech firms for customized solutions, investing in training programs for farmers, and forming strategic alliances to access grants and incentives. The sector faces challenges such as high initial costs, data privacy concerns, infrastructure gaps, and a skill gap in technology use among farmers. Innovation areas include developing affordable technology solutions, researching sustainable practices, creating resilient crop varieties, and enhancing soil management tools. Digital agriculture represents a dynamic and evolving market spurred by rapid technological advancements and increasing global demands, with stakeholders needing to invest in continuous research and innovative strategies for significant business growth and sustainable, efficient farming.
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Market Segmentation & Coverage:
This research report categorizes the Digital Agriculture Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Hardware, Service, and Software. The Hardware is further studied across Automation & Control Systems and Sensing & Monitoring Device.
Based on Deployment, market is studied across Cloud and On-premises.
Based on Application, market is studied across Crop Scouting, Field Mapping, Soil Monitoring, Variable Rate Application, and Yield Monitoring.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.
Key Company Profiles:
The report delves into recent significant developments in the Digital Agriculture Market, highlighting leading vendors and their innovative profiles. These include AGCO Corporation, AgGateway, Agreena ApS, AgriWebb Pty Ltd., AKVA group ASA, Arable Labs, Inc., BASF SE, Bayer AG, Ceres Imaging, Inc., Cisco Systems, Inc., CropX Technologies Ltd., Deere & Company, DeLaval by Tetra Laval Group, DTN, LLC, Epicor Software Corporation, Eurofins Scientific, Farmers Business Network, Inc., Farmers Edge Inc., Gamaya by Mahindra & Mahindra, Hexagon AB, International Business Machines Corporation, Microsoft Corporation, PrecisionHawk, Inc. by Field Group, Raven Industries, Inc. by CNH Industrial N.V., Small Robot Company, Syngenta Crop Protection AG, SZ DJI Technology Co., Ltd., Taranis Visual Ltd., TELUS, Trimble Inc., and Vodafone Group PLC.
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Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Digital Agriculture Market, by Type
7. Digital Agriculture Market, by Deployment
8. Digital Agriculture Market, by Application
9. Americas Digital Agriculture Market
10. Asia-Pacific Digital Agriculture Market
11. Europe, Middle East & Africa Digital Agriculture Market
12. Competitive Landscape
13. Competitive Portfolio
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sales@360iresearch.com
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
We are a dynamic, nimble company that believes in carving ambitious, purposeful goals and achieving them with the backing of our greatest asset - our people.
Quick on our feet, we have our ear to the ground when it comes to market intelligence and volatility. Our market intelligence is diligent, real-time and tailored to your needs, and arms you with all the insight that empowers strategic decision-making.
Our clientele encompasses about 80% of the Fortune Global 500, and leading consulting and research companies and academic institutions that rely on our expertise in compiling data in niche markets. Our meta-insights are intelligent, impactful and infinite, and translate into actionable data that support your quest for enhanced profitability, tapping into niche markets, and exploring new revenue opportunities.
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