Internet of Things (IoT) in Agriculture Market Trends, Business Strategies and Opportunities With Key Players Analysis


Data Bridge Market Research analyses that the internet of things (IoT) in agriculture market was valued at USD 13.76 billion in 2022 and is expected to reach USD 29.71 billion by 2030

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The Internet of Things (IoT) in Agriculture Market business report initiates with an exploration of fundamental industry aspects, encompassing market definitions, classifications, applications, and an overview of the industry chain. Subsequently, it delves into comprehensive coverage of industry policies, plans, product specifications, manufacturing processes, cost structures, and more. This compelling Internet of Things (IoT) in Agriculture Market survey report stands out as a valuable resource, presenting both current and anticipated technical and financial insights within the industry.

Several notable features employed in the creation of this market research report include a high level of diligence, practical solutions, dedicated research and analysis, innovation, integrated approaches, and the integration of the latest technology. For businesses, gaining insights into consumer demands, preferences, attitudes, and evolving tastes regarding specific products is essential, and this report serves as a comprehensive guide for such understanding.

Data Bridge Market Research analyses that the internet of things (IoT) in agriculture market was valued at USD 13.76 billion in 2022 and is expected to reach USD 29.71 billion by 2030, registering a CAGR of 10.10% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

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Market Definition:

Internet of things (IoT) in agriculture uses robots, remote sensors, drones and computer imaging combined with continuously progressing analytical tools and machine learning for surveying, monitoring crops and mapping the fields. This will provide information or data to farmers for rational farm management plans to save both money and time.

Key players:

  • Grownetics, Inc. (U.S.)
  • Auroras s.r.l. (Italy)
  • Granular, Inc. (San Francisco)
  • TOPCON CORPORATION (Japan)
  • The Climate Corporation (U.S.)
  • Farmers Edge Inc (Canada)
  • DICKEY-john. (U.S.)
  • Conservis (U.S.)
  • Ag Leader Technology. (U.S.)
  • Raven Industries, Inc. (U.S.)
  • Iteris, Inc. (U.S.)
  • Reed Business Information Ltd (U.S.)
  • AgJunction (Canada)
  • Trimble Inc. (U.S.)
  • Deere Company. (U.S.)

Scope / Segmentation:

The internet of things (IoT) in agriculture market is segmented on the basis of component, application, type and farm production planning stage. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

  • Hardware
  • Irrigation Controllers
  • Flow and Application Control Devices
  • Variable Rate Controllers
  • Soil Sensors
  • Water Sensors
  • Climate Sensors
  • Sensors for Livestock
  • Automation and Control Systems
  • Sensing and Monitoring Devices
  • Guidance and Navigation
  • Drones
  • Handheld Computers
  • Displays
  • Smart Harvesters Forwarders
  • RFID Tags and Readers
  • LED Grow Lights
  • Software
  • On-premise
  • Cloud-based
  • Connectivity and Services

 Application

  • Livestock Monitoring
  • Precision Crop Farming
  • Indoor Farming
  • Aquaculture
  • Integrated Pest Management
  • Water Supply Management
  • Others

 Type

  • Small Farms
  • Mid-Sized
  • Large

 Farm Production Planning Stage

  • Pre-Production Planning
  • Production Planning
  • Post-Production Planning

Investing in this study provides access to valuable insights, encompassing:

  • Comprehensive Industry Coverage: Gain a thorough understanding of the industry on a global scale, with detailed breakdowns by region.
  • Regional Market Analysis: Explore regional-level insights covering North America, Europe, Asia Pacific, South America, and the Middle East Africa.
  • Country-Specific Market Data: Access market size breakdowns for key countries, highlighting major market shares.
  • Leading Players' Performance: Obtain market share and revenue/sales data for the industry's foremost players.
  • Market Trends Analysis: Stay informed about emerging technologies, products, and start-ups, along with comprehensive analyses such as PESTEL Analysis, SWOT Analysis, and Porter's Five Forces.
  • Detailed Market Size Information: Delve into detailed market size data, including breakdowns by application/industry verticals.
  • Projections and Growth Forecasts: Receive insights into future growth and development forecasts for the market.

This Market Intelligence Report addresses critical concerns:

  • Segment Development: Understand how major segments in the international market are expected to evolve in the coming years.
  • Dominant Players: Identify the major players set to dominate the market in the future.
  • Suppliers and Producers: Gain insights into the top suppliers and producers in the industry.
  • Strategic Planning of Successful Companies: Analyze how successful companies in the industry are planning for future growth and expansion.
  • Anticipated Demand Increase: Identify sectors where the greatest increase in demand is expected in the upcoming years.
  • Market Demographics: Understand the distinct subsets of buyers shaping this market.
  • Regional Powerhouses: Predict the regional powerhouse that is poised to become the largest player in the international market.
  • Impact of New Coronavirus Pandemic: Assess the potential consequences of a new coronavirus pandemic on the industry.
  • Challenges for Established Actors: Examine how established actors may face challenges from newcomers and strategies to overcome them.

Table of Contents:

  1. Introduction
  2. Segmentation of the Market
  3. Executive Summary
  4. Key Insights
  5. Regulatory Landscape for INTERNET OF THINGS (IOT) IN AGRICULTURE MARKET
  6. Overview of the Market
  7. INTERNET OF THINGS (IOT) IN AGRICULTURE MARKET by Type
  8. INTERNET OF THINGS (IOT) IN AGRICULTURE MARKET by Material
  9. INTERNET OF THINGS (IOT) IN AGRICULTURE MARKET by Application
  10. Continued...

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