Digital Agriculture Market Set to Reach Valuation of USD 52.15 billion with growing CAGR of 11.85% Share, Demand, Top Players, and Industry Size & Future Growth Analysis by 2032
The Global Digital Agriculture market report provides a comprehensive analysis, estimating the anticipated growth, rise, or potential decline of products within a specific forecast period. In addition, the competitive analysis offers clear insights into the strategies employed by major market players, enhancing their market penetration. This report includes a detailed section on the Digital Agriculture Industry and profiles of associated companies, offering valuable data on their financial outlook, product portfolios, investment plans, and marketing strategies. As an essential resource, this report is crucial for market enthusiasts, policymakers, investors, and industry players seeking strategic insights.Click to get Global Digital Agriculture Market Research Sample PDF Copy Instantly @ https://www.econmarketresearch.com/request-sample/EMR008
Market Analysis and Size
Global Digital Agriculture Market size was USD 23.20 billion in 2022 and is predicted to reach USD 52.15 billion in 2031, exhibiting at a CAGR of 11.85% during the forecast period.
Market Definition
Farmers are under increasing pressure to use fewer pesticides to produce more food and animal feed. It is getting harder to feed the growing population because of the rising population. Agriculture production is under more stress than before. The usage of precision farming software and Internet of Things solutions will benefit the agriculture industry. Digital agricultural instruments that employ sensors to track the growth of the crops and keep tabs on the temperature and soil quality in the fields are becoming more and more common. These tools let farmers examine the climate for the growth of different crops. Post-pandemic, farming is using internet channels much like all the other industries. Digital agriculture is seeing a surge in investments and technologies. The lives of diverse farmers around the world are getting better thanks to an increasing reliance on technology.
Market Growth
The expansion of the agriculture market can be attributed to a greater understanding of the advantages of digital agriculture in improving the optimization of agricultural production. Numerous farmers have started using these digital agricultural instruments as a result of the rising demand for food caused by the growing population. Strategic policymaking helps to encourage farmers to use these new technologies in many nations. The adoption of these new, cutting-edge technology by farmers is supported by a variety of agricultural consulting services, allowing them to use resources cost-effectively and effectively while also overcoming hurdles. Farmers can increase their yield and reduce losses by using these software programs.
Important Features of the Global Digital Agriculture Market Report:
1) What all companies are currently profiled in the report?
List of players that are currently profiled in the report-
DTN (US), Farmers Edge Inc. (Canada), Taranis (US), Eurofins Scientific (Luxembourg), AgriWebb (Australia), Monsanto Company (US), Bayer AG (Germany), Deere & Company. (US),
** List of companies mentioned may vary in the final report subject to Name Change / Merger etc.
2) What all regional segmentation covered? Can specific country of interest be added?
Currently, research report gives special attention and focus on following regions:
North America, Europe, Asia-Pacific etc.
** One country of specific interest can be included at no added cost. For inclusion of more regional segment quote may vary.
3) Can inclusion of additional Segmentation / Market breakdown is possible?
Yes, inclusion of additional segmentation / Market breakdown is possible subject to data availability and difficulty of survey. However a detailed requirement needs to be shared with our research before giving final confirmation to client.
** Depending upon the requirement the deliverable time and quote will vary.
Global Digital Agriculture Market Segmentation:
By Business Channel
· B2B
· B2C
By Product Type
· Perishables
· Non-perishables
· Raw materials
· Others
By Component Type
· Hardware
· Software
· Devices
By Deployment
· Cloud
· On-Premise
· Hybrid
By Type
· Crop Monitoring
· Artificial Intelligence
· Precision Farming
By Geography
· North America
· Europe
· Asia-Pacific
· Latin America
· Middle East & Africa (MEA)
Key Highlights of Report
· Overview of key market forces propelling and restraining market growth
· Offers a clear understanding of the competitive landscape and key product segments
· An analysis of strategies of major competitors
· Detailed analyses of industry trends
· A well-defined technological growth map with an impact-analysis
· Provides profiles of major competitors of the market.
· Details of their operations, product and services.
· Recent developments and key financial metrics.
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