Press release
Smart Farming Market Growing Rapidly by - XAG, Ag Leader Technology, Inc., AgJunction Inc., Deere & Company, Afimilk Agricultural Cooperative Ltd.
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The Smart Farming market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Smart farming is increasingly adopted due to its potential to enhance crop productivity while reducing the consumption of resources such as electricity, fuel, fertilizers, and water. This efficiency leads to lower production costs for farmers. Smart farming encompasses advanced tools and systems that enable precision monitoring of crops, optimizing agricultural practices. These factors collectively contribute to the growth of the global smart farming market.
Forecast Growth Projected:
The Global Smart Farming Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2030. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Smart Farming Market: XAG, Ag Leader Technology, Inc., AgJunction Inc., Deere & Company, Afimilk Agricultural Cooperative Ltd., DeLaval, AKVA Group, Aquabyte Inc., BouMatic LLC, and InnovaSea Systems, Inc.
Segment Covered in the Smart Farming Market:
By Agriculture Type: Precision Farming, Livestock Monitoring, Fish Farming, Smart Greenhouse,Others.
By Offering: Hardware, Monitors, Controllers, Sensors, Software, Web Based, Cloud Based, Service, System Intergration and Consulting, Support and Maintenance, Connectivity Services, Managed Services, Professional Services.
By Solution: Network Management, Agriculture Asset Management, Smart Water Management, Logistics and Supply Chain Management, Others.
By Farm Size: Small Farms, Medium Farms, Large Farms.
By Distribution Channel: Company Stores, E-Commerce, Specialty Stores, Others.
By Application: Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking and Forecasting, Irrigation Management, Feeding Management, Milk Harvesting, Fish Tracking, Others.
By End-User: Livestock, Agriculture, Aquaculture.
Regional Analysis:
The global Smart Farming Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Smart Farming Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Smart Farming Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Smart Farming manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Smart Farming in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQs
How big is the Smart Farming Market?
The Smart Farming Market size was USD 11.12 billion in 2023. It is expected to reach USD 22.45 billion by 2031.
How fast is the Smart Farming Market growing?
The Smart Farming Market will exhibit a CAGR of 9.1% during the forecast period, 2023-2031.
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DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
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