logo
logo
Sign in

IoT in Agriculture Market Size, Competitive Landscape, Revenue Analysis, 2020–2028

avatar
Balaji Deshmukh
IoT in Agriculture Market Size, Competitive Landscape, Revenue Analysis, 2020–2028

The global IoT in agriculture market size is expected to reach USD 30.8 billion by 2028, registering a CAGR of 10.6% over the forecast period, according to the latest report by Reports and Data. Major factors driving market revenue growth are the growing demand for agricultural output, increasing penetration of Internet of Things (IoT) & Artificial Intelligence (AI) technologies in the farming sector, and increasing government support for adoption of latest agricultural technologies along with growing focus on livestock monitoring to enhance efficiency in farming.

Internet of Things plays a critical role in increasing agricultural productivity. IoT technologies can solve agricultural problems and maximise the quantity and quality of agricultural production by linking farms via a shared network and providing them with information sharing, storage, and review options. In agriculture, the Internet of Things (IoT) is combined with advanced technological tools, equipment, and solutions to increase operational performance and minimise energy waste. In IoT-based smart farming, a system is designed to monitor crop field and automate irrigation system using sensors such as light, temperature, and humidity.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/4017

The report sheds lights on the opportunities and challenges that are expected to emerge in the forecast years. The research report further discusses the risks and limitations the established market players are anticipated to face over the forecast period. The global IoT in Agriculture market research report is an exhaustive study of the business sphere and analyzes the vital aspects of the industry and provides insightful information about the revenue generation, market landscape, market share, product portfolio, market size, and other key segments.

Furthermore, the report discusses the business strategies undertaken by the companies to gain the market share and a larger consumer base. It further provides details on the strategic initiatives taken by top companies such as mergers and acquisitions, joint ventures, collaborations, product launches, partnerships & agreements, recent deals, government deals, and advancements in technologies and products.

Key companies profiled in the report:

Deere & Company, Trimble, Raven Industries, AGCO Corporation (AGCO), AgJunction Inc. (AgJunction), DeLaval, GEA Farm Technology, Lely, Antelliq, AG Leader Technology (AG Leader), Tigercat, Ponsse, Komatsu Forest AB, Caterpillar, Treemetrics, Topcon Positioning Systems, and DICKEY-john Corporation

Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/4017

The report further segments the global IoT in Agriculture market into key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also offers a country-wise analysis to provide deeper insights into geographical spread of the market, technological advancement, and economic growth in each region.

North America (U.S.A., Canada, Mexico)

Europe (Italy, U.K., Germany, France, Rest of Europe)

Asia Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)

Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Offering Outlook (Revenue, USD Billion; 2018 – 2028)

Hardware

Software

Services

Agriculture Type Outlook (Revenue, USD Billion; 2018 – 2028)

Precision Farming

Precision Forestry

Livestock Monitoring

Fish Farm Monitoring

Smart Greenhouse

Others (Horticulture and orchids)

Application Outlook (Revenue, USD Billion; 2018 – 2028)

Precision Farming Applications

Precision Forestry Applications

Livestock Monitoring Applications

Fish Farm Monitoring Applications

Smart Greenhouse Applications

Other Applications (Horticulture and orchids applications)

To know more about the report @ https://reportsanddata.com/report-detail/iot-in-agriculture-market

Thank you for reading our report. Customization is available on request. To know more about the report, kindly get in touch with us and our team will ensure the report is customized to meet your needs.

collect
0
avatar
Balaji Deshmukh
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more