Press release
Smart Agriculture Market - Potential Increased Yield Enticing Adoption
The report observes that the use of information and communication technology in agriculture field is now only increasing the yield, it also is favorable when it comes to easing the process and maintaining the quality of the production. Another factor favoring the growth rate of the global smart agriculture market is the increased efforts by the governments in several emerging economies in order to improve rural infrastructure. With smart agriculture, farmers are now able to enhance their skill and gain knowledge about the crops to invest-in, depending on the environmental conditions and available resources.
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The global smart agriculture market can be segmented on the basis of hardware and network platforms, into sensor monitoring systems, GPS or GNSS devices, and smart detection systems and network elements. Currently, sensor monitoring serves maximum demand, as it is used for yield monitoring and as to sense water, soil, and climate. On the basis of service, the market can be categorized into connectivity service, managed services, system integrators, hosting services, assisted professional services, climate information services, and supply chain management services. Currently, system aggregators dominate the demand in the global market for smart agriculture.
By software, the market can be divided into local or web-based and cloud based. In terms of application, the segments of the market can be precision farming, fish farming, livestock monitoring, and smart greenhouse. Geographically, the report studies the opportunities available in the smart agriculture market in the regions such as North America, Asia Pacific, Europe, and Latin America.
Some of the key players currently operational in global market for smart agriculture are Deere & Company, Raven Industries, Inc., AGCO Corporation, Trimble Navigation Ltd., Agjunction Inc., Semiosbio Technologies Inc., and SST Development Group, Inc.
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
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