Smart Farming Market size is estimated to grow at a CAGR of 11.02% over the forecast period and market size is expected to reach at USD 27.71 Bn. by 2030 as per Maximize Market research.

Maximize Market Research, has published market intelligence and competitive landscape report on the Smart Farming Market.

Over the forecast period, Smart Farming Market is expected to grow from USD 13.33 Bn. to USD 27.71 Bn. by 2030, at a CAGR of 11.02 per cent.

North America region held the largest market share accounted for 44.3% in 2023, and is expected to grow at a CAGR of 9.81% during the forecast period.

In U.S., Gross cash farm income is annual income before expenses, which includes cash receipts, farm-related income, and Government farm program payments. The Gross Cash Farm Income is estimated at US$ 486000 million in 2022 as compared to US$ 347000 million in 2001, with the increase across time largely because of higher cash receipts.

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Asia Pacific region is expected to witness significant growth at a CAGR of xx% during the forecast period. This region's growth is attributed to the adoption rate of smart farming techniques, such as smart irrigation controllers along with AI-based land analytics services, in countries like China and India are driving the market growth in the Asia Pacific region.

For instance, in India, according to the Federation of Indian Chambers of Commerce & Industry (FICCI), there are around 450 agritech startups, which are growing at a rate of 25% yearly. Agritech startups are consist of precision-based sowing techniques, which is increasing more than 50% rate of sowing seeds.

The UN projected that the world's population is expected to reach 9.7 million by 2050, which is expected to increase global farming production to rise 69% up to 2050. To meet this demand, farmers and farming companies are moving towards advanced technologies, such as the Internet of Things, Biometrics, sensors, and robots for analytics and greater production capabilities.

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Smart Farming Market Segmentation:

by Farming Type

• Precision Farming
• Livestock Monitoring
• Smart Greenhouse
• Others

by Offering

• Hardware
• Software
• Services

by Application

• Irrigation Management
• Yield Monitoring
• Crop Scouting
• Field Mapping
• Weather tracking and forecasting
• Inventory Management
• Farm Labor Management

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Smart Farming Market Key Players are:

1. John Deere
2. Trimble
3. Topcon Positioning Systems
4. DeLaval
5. AKVA
6. Antelliq
7. Afimilk
8. InnovaSea Systems
9. Heliospectra
10. LumiGroW
11. InnovaSea Systems
12. ABACO
13. Treemetrics
14. Raven Industries
15. AG Leader Technology
16. The Climate Corporation

𝐅𝐨𝐫 𝐚 𝐝𝐞𝐞𝐩𝐞𝐫 𝐮𝐧𝐝𝐞𝐫𝐬𝐭𝐚𝐧𝐝𝐢𝐧𝐠, 𝐜𝐥𝐢𝐜𝐤 𝐨𝐧 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤: https://www.maximizemarketresearch.com/market-report/global-smart-farming-market/22769/

Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2023)
Past Pricing and price curve by region (2018 to 2023)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Regional analysis, Segment Analysis, Competitive landscape
Market Segmentation - A detailed analysis of the Offerings, Vertical, Application and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region

Key questions answered in Smart Farming Market are:

1. Which region has the largest share in Global Smart Farming Market?
2. What is the growth rate of Global Smart Farming Market?
3. What is scope of the Global Smart Farming market report?
4. Who are the key players in Global Smart Farming market?
5. What is the study period of this market?
6.
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https://www.maximizemarketresearch.com/market-report/smart-dust-market/222000/

• Smart Refrigerator Market size was valued at USD 4.24 Bn in 2023 and is expected to reach USD 9.20 Bn by 2030, at a CAGR of 11.7%.

https://www.maximizemarketresearch.com/market-report/smart-refrigerator-market/213712/

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