Global Agriculture IoT Market 2022 - Top Key Players Analysis Report Till 2028

According to the new market research report on "Agriculture IoT Market by Offering (Hardware, Software, & Services), Application (Precision Farming, Precision Forestry, Livestock Monitoring, Fish Farm Monitoring and Smart Greenhouse), Application, and Geography - Global Forecast to 2024", agriculture IoT market expected to grow from USD 12.7 billion in 2019 to USD 20.9 billion by 2024, at a CAGR of 10.4% from 2019 to 2024.A few key factors driving the growth of this market are increasing adoption of Internet of Things (IoT) and Artificial Intelligence (AI) technology by farmers and growers, focus on livestock monitoring and disease detection to improve farming efficiency, and rising demand for agricultural production owing to increasing population.Download PDF Brochure:https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=199564903Hardware to hold the largest share of agriculture IoT market during the forecast periodHardware is expected to account for the largest share of the agriculture IoT market during the forecast period.

The increasing adoption of new technologies and advanced devices for smart agriculture is expected to drive the growth of the agriculture IoT market for hardware during the forecast period.

Precision farming involves hardware devices and tools to minimize input and increase crop productivity (output).

Automation and control systems such as a global positioning system (GPS) receivers, guidance, and steering devices, and variable rate technology (VRT) tools play a significant role in the precision farming industry.Agriculture IoT precision farming market for automation and control systems to grow have higher growth during the forecast periodThe agriculture IoT precision farming market for Automation and control systems was valued s expected to grow at a higher CAGR from 2019 to 2024.

Also, the increasing adoption of automation and control devices such as GPS/GNSS, irrigation controller, and guidance and steering has created a new approach to farming practices and is expected to drive the market for automation and control systems.Agriculture IoT market in APAC is expected to grow at the highest CAGR during the forecast periodThe agriculture IoT market in APAC is expected to grow at the highest CAGR during the forecast period.

Factors driving the adoption of agriculture IoT technologies in APAC include the rising demand for food, growing pressure to improve yields with limited resources, and increasing requirement to protect crops from unexpected climatic changes.

Market OverviewThe primary need to control operation factors optimizing the use of water and pesticides is anticipated to promote the IoT in the agriculture market 2020.

A potential of USD 34.88 Billion with a CAGR of 13.6% approx is forecasted by 2027.The need to lessen water usage and greenhouse gas emissions is likely to push the growth of the IoT In Agriculture Market share.

The demand to increase the crop yields while curtailing the cost of production is estimated to raise the demand for the IoT in the agriculture market in the coming period.Segmental Analysis The segmental insight into the IoT in the agriculture market has been conducted based on application, component, and region.

Based on the applications, the IoT in the agriculture market has been segmented into precision crop farming, indoor farming, livestock monitoring, aquaculture, water supply management, integrated pest management, and others.

The US shows the way for market development in the North American region as it has elevated digitalization in the agricultural sector, and it is anticipated that just about 80% of farmers employ smart farming technology.

The intense weather conditions owing to climate change have caused loss of arable land and have subsequently given rise to elevated adoption of IoT for escalating the volume and quality of the crop yield.Competitive AnalysisThe currency inflow is estimated to be restricted in the upcoming period, which may create further problems for the overall market growth.

IoT in Agriculture Market-OverviewThe primary need to control operation factors optimizing the use of water and pesticides is anticipated to promote the IoT in the agriculture market 2020.

A potential of USD 34.88 Billion with a CAGR of 13.6% approx is forecasted by 2025.The need to lessen water usage and greenhouse gas emissions is likely to push the growth of the IoT in the agriculture market share.

The demand to increase the crop yields while curtailing the cost of production is estimated to raise the demand for the IoT in the agriculture market in the coming period.Segmental Analysis The segmental insight into the IoT in the agriculture market has been conducted based on application, component, and region.

Based on the applications, the IoT in the agriculture market has been segmented into precision crop farming, indoor farming, livestock monitoring, aquaculture, water supply management, integrated pest management, and others.

The US shows the way for market development in the North American region as it has elevated digitalization in the agricultural sector, and it is anticipated that just about 80% of farmers employ smart farming technology.

The intense weather conditions owing to climate change have caused loss of arable land and have subsequently given rise to elevated adoption of IoT for escalating the volume and quality of the crop yield.Competitive AnalysisThe currency inflow is estimated to be restricted in the upcoming period, which may create further problems for the overall market growth.

 UpMarketResearch offers a latest published report on “ IoT in Agriculture Market Industry Analysis and Forecast 2018-2023” delivering key insights and providing a competitive advantage to clients through a detailed report.

The report contains 132 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability.

Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Get FREE Exclusive PDF Sample Copy of This Report @ https://www.upmarketresearch.com/home/requested_sample/325 The scope of the report extends from market scenarios to comparative pricing between major players, cost and profit of the specified market regions.

Region-wise Analysis  IoT in Agriculture Market covers: • North America • Europe • China • Japan • Southeast Asia • India The Report covers in-depth analysis as follows: • Chapter 1 IoT in Agriculture Market Overview • Chapter 2  Economic Impact on IoT in Agriculture Industry • Chapter 3  IoT in Agriculture Market Competition by Manufacturers • Chapter 4  IoT in Agriculture Production, Revenue (Value) by Region (2013-2018) • Chapter 5  IoT in Agriculture Supply (Production), Consumption, Export, Import by Regions (2013-2018) • Chapter 6  IoT in Agriculture Production, Revenue (Value), Price Trend by Type • Chapter 7  IoT in Agriculture Market Analysis by Application • Chapter 8  IoT in Agriculture Manufacturers Analysis • Chapter 9 IoT in Agriculture Manufacturing Cost Analysis • Chapter 10 Industrial Chain, Sourcing Strategy and Downstream Buyers • Chapter 11 Marketing Strategy Analysis, Distributors/Traders • Chapter 12 Market Effect Factors Analysis • Chapter 13  IoT in Agriculture Market Forecast (2018-2023) Gain Full Access of IoT in Agriculture market industry analysis & forecast 2018-2023 along with complete TOC @ https://www.upmarketresearch.com/reports/Global-IoT-in-Agriculture-Industry-Market-Analysis-Forecast-2018-2023 “ IoT in Agriculture Market Industry Analysis and Forecast 2018-2023” report helps the clients to take business decisions and to understand strategies of major players in the industry.

The report also calls for market-driven results deriving feasibility studies for client needs.

The Internet of Things is gradually reshaping the way we live and manage businesses.

This technology is already widely applied not only for everyday life but various business needs too.

Healthcare, education, manufacturing, logistics IoT in agriculture doesn't sound too extraordinary after such a list, does it?

Global IoT in Agriculture Market Forecast to 2028The 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.

The report is fabricated with thorough primary and secondary research and is updated with the latest and emerging market trends to offer the readers opportunities to capitalize on the current market environment.

The report also offers a thorough current and future analysis of the impact of the COVID-19 pandemic on the overall growth of the market.To get a sample PDF copy of the report, visit @ https://www.reportsanddata.com/sample-enquiry-form/4017The report presents a panoramic view of the competitive landscape of the IoT in Agriculture market, covering details about the key manufacturers and companies, price analysis, revenue estimation, gross profit margins, business expansion plans, and other vital details that offers the readers deep insights into each company operating in the industry.

The report also focuses on strategic alliances in the IoT in Agriculture market, such as mergers and acquisitions, joint ventures, product launches, brand promotions, collaborations, licensing agreements, partnerships, corporate and government deals, and others.Top Players Analyzed in the Report are: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.Offering Outlook (Revenue, USD Billion; 2018 – 2028)Hardware, Software and Services.Agriculture Type Outlook (Revenue, USD Billion; 2018 – 2028)Precision Farming, Precision Forestry, Livestock Monitoring, Fish Farm Monitoring, Smart Greenhouse and 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 and Other Applications (Horticulture and orchids applications).For a detailed understanding of the competitive landscape, a thorough regional analysis covering North America, Europe, AsiaPacific, Latin America, and Middle East & Africa, is offered in the report.

It studies the market size, market share, revenue contribution, production and consumption patterns, supply and demand ratio, import/export, and the operations of the key players operating in those regions.