Digital Farming Technology Market to Witness Phenomenal Growth | Trimble, John Deere, AGCO, CNH Industrial

HTF MI recently introduced Global Digital Farming Technology Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2030). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are John Deere (United States), Trimble Inc. (United States), AGCO Corporation (United States), CNH Industrial (United Kingdom), Bayer CropScience AG (Germany), Raven Industries (United States), Topcon Positioning Systems (United States), IBM Corporation (United States), Microsoft Corporation (United States), Gamaya SA (Switzerland), Hummingbird Technologies (United Kingdom), Arable (United States), OneSoil (Switzerland), TartanSense (India), BharatAgri (India).

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According to HTF Market Intelligence, the Global Digital Farming Technology market is expected to grow from 12 Billion USD in 2023 to 22 Billion USD by 2030, with a CAGR of 8.5% from 2024 to 2030. The market is segmented by Global Digital Farming Technology Market Breakdown by Application (Crop Monitoring, Precision Irrigation, Pest and Disease Management, Harvesting and Yield Prediction, Others) by Type (Field Crops, Horticulture, Livestock, Aquaculture, Greenhouse and Vertical Farming) by Technology (Internet of Things (IoT), Robotics & Automation, Aerial Imaging, Artificial Intelligence (AI) and Machine Learning (ML), Others) by Farm Type (Field Crops, Horticulture, Livestock, Aquaculture, Greenhouse and Vertical Farming) by End-User (Large-Scale Farms, Small and Medium Farms, Agricultural Cooperatives) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA).

Definition:
The use of cutting-edge digital instruments and methods in agricultural operations to improve yield, effectiveness, and sustainability is known as "digital farming technology." Precision farming, data analytics, artificial intelligence, and the Internet of Things are just a few of the advancements that fall under this category. Farmers monitor weather patterns, crop health, and soil conditions in real time with the use of sensors, drones, and satellite data. This allows for informed decision-making and efficient use of available resources. Farm management, supply chain tracking, and market access are further facilitated by digital platforms and software. Food security and sustainable agricultural development are aided by the use of digital farming technology, which minimizes waste, increases yields, and has a positive environmental impact.

Market Trends:
• N

Market Drivers:
• Growing demand for effective resource management and sustainable agriculture is driving the development of digital farming technology

Market Opportunities:
• Incorporation of blockchain technology for transparent distribution significantly improves transparency and customer

Dominating Region:
• North America, Europe

Fastest-Growing Region:
• Asia-Pacific

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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Digital Farming Technology market segments by Types: Field Crops, Horticulture, Livestock, Aquaculture, Greenhouse and Vertical Farming) by Technology (Internet of Things (IoT), Robotics & Automation, Aerial Imaging, Artificial Intelligence (AI) and Machine Learning (ML), Others
Detailed analysis of Digital Farming Technology market segments by Applications: Crop Monitoring, Precision Irrigation, Pest and Disease Management, Harvesting and Yield Prediction, Others

Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

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Digital Farming Technology Market Research Objectives:
- Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
- To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
- To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
- To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
- To deliberately profile the key players and systematically examine their growth strategies.

FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)

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Points Covered in Table of Content of Global Digital Farming Technology Market:
Chapter 01 - Digital Farming Technology Executive Summary
Chapter 02 - Market Overview
Chapter 03 - Key Success Factors
Chapter 04 - Global Digital Farming Technology Market - Pricing Analysis
Chapter 05 - Global Digital Farming Technology Market Background or History
Chapter 06 - Global Digital Farming Technology Market Segmentation (e.g. Type, Application)
Chapter 07 - Key and Emerging Countries Analysis Worldwide Digital Farming Technology Market
Chapter 08 - Global Digital Farming Technology Market Structure & worth Analysis
Chapter 09 - Global Digital Farming Technology Market Competitive Analysis & Challenges
Chapter 10 - Assumptions and Acronyms
Chapter 11 - Digital Farming Technology Market Research Methodology

Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.

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