Press release
5G Smart Farming Market is Ready to Grow to USD 113.16 Billion by 2034 With a Projected CAGR of 18.24%
5G Smart Farming Market
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐ ๐ซ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/5g-smart-farming-market/request-for-sample
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
5G smart farming involves incorporating 5G wireless technology into agricultural methods to improve farm productivity and sustainability. With its rapid data transfer, minimal latency, and capacity to link numerous devices, 5G facilitates real-time monitoring, automation, and accurate farming. Farmers can utilize sensors, drones, and IoT devices to monitor soil moisture, plant health, and environmental factors, resulting in more efficient resource utilization, enhanced crop production, and superior decision-making.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ:
โข Numerous governments and agricultural organizations are investing in and backing the advancement of 5G infrastructure and intelligent farming technologies. Programs, grants, and initiatives focused on promoting agricultural innovation and digital infrastructure lower financial obstacles and stimulate farmers' and agribusinesses' use of smart technologies.
โข Rising labor expenses and global labor shortages have accelerated the implementation of smart farming techniques by local producers, fulfilling the strong global demand for locally sourced agricultural products.
๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
Top companies in the worldwide market focus on strategic acquisitions to boost their research and development capabilities and secure a competitive advantage, enabling them to offer consumers innovative products. Here is the list of the leading companies operating in the 5G smart farming market:
โข Trimble Inc.
โข AG Leader Technology
โข Huawei
โข Dronetech
โข Ericsson
โข Deere and Company
โข LumiGrow
โข Raven Industries
โข DroneDeploy
โข Vodacom
โข Indigo Ag
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/5g-smart-farming-market/request-for-discount-pricing
๐๐๐จ๐ ๐ซ๐๐ฉ๐ก๐ข๐๐๐ฅ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐:
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
The 5G smart farming market is mainly segmented based on the component, application, and region. Based on component analysis, the hardware segment is anticipated to witness the highest CAGR in the global market over the projection period. This growth is attributed to the growing demand and technological progress in sensors, drones, robotic systems, and intelligent tractors.
Furthermore, according to the application analysis, the water management segment is anticipated to lead the global market share over the projection period. This growth is attributed to the heightened awareness of water scarcity and the expenses related to the significant water flows that lead to waste.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/5g-smart-farming-market/inquire-before-buying
๐๐ ๐๐ฆ๐๐ซ๐ญ ๐ ๐๐ซ๐ฆ๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข Based on application, the water management segment is anticipated to experience substantial growth at a significant CAGR in the global market. This growth is attributed to an increase in awareness about the water scarcity and cost associated with the large water flows toward wastage.
โข The hardware segment, by component, accounted for the largest revenue share of the market in 2024 due to technological advancements in devices, which are making it user friendly, and accelerated adoption of modern technology.
โข In 2024, North America dominated the global 5G smart farming market revenue share due to stable internet connections in rural locations and increasing adoption of precision farming.
โข The 5G smart farming market demand in India is projected for substantial growth due to the increasing funding and incentives by the government.
โข Trimble Inc., AG Leader Technology, Huawei, Dronetech, Ericsson, Deere and Company, LumiGrow, Raven Industries, DroneDeploy, Vodacom, and Indigo Ag are a few global key market players.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Offshore Mooring Systems Market:
https://www.polarismarketresearch.com/industry-analysis/offshore-mooring-systems-market
3D Digital Asset Market:
https://www.polarismarketresearch.com/industry-analysis/3d-digital-asset-market
Digital Printing Market:
https://www.polarismarketresearch.com/industry-analysis/digital-printing-market
Programmatic Advertising Platform Market:
https://www.polarismarketresearch.com/industry-analysis/programmatic-advertising-platform-market
IoT Technology Market:
https://www.polarismarketresearch.com/industry-analysis/iot-technology-market
Automatic Identification and Data Capture Market:
https://www.polarismarketresearch.com/industry-analysis/automatic-identification-and-data-capture-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ง๐๐จ:
Polaris Market Research
30 Wall Street, 8th Floor,
New York City, NY 10005,
United States
Phone:+1-929 297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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