IoT in Agriculture Market Competitive Landscape, Growth Factors, Revenue Analysis, 2022–2030

 


The Global IoT in Agriculture Market Report offers extensive knowledge and information about the IoT in Agriculture market pertaining to market size, market share, growth influencing factors, opportunities, and current and emerging trends. The report is formulated with the updated and latest information of the global IoT in Agriculture market further validated and verified by the industry experts and professionals. The Global IoT in Agriculture Market report contains historical, current, and forecast estimation of the revenue generation and profits for each segment and sub-segment of the IoT in Agriculture market in each key region of the world. The report additionally sheds light on the emerging growth opportunities in the business sphere that are anticipated to bolster the growth of the market.

The global Internet of Things (IoT) in agriculture market size reached USD 11.20 Billion in 2021 and is expected to register a revenue CAGR of 11.4% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for IoT in agriculture owing to rising collaborations between farming equipment manufacturers and technology companies is driving market revenue growth.

The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

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Market Scope: The report explains the scope of various commercial possibilities in the global IoT in Agriculture market over the upcoming years. The estimated revenue build-up over the forecast years has been included in the report. The report analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers with the formulation of lucrative strategies for business expansion.

Competitive Outlook: The leading companies operating in the IoT in Agriculture market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.

Report Objective: The primary objective of this report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global IoT in Agriculture market.

Competitive Terrain: The global IoT in Agriculture industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.

The leading market contenders listed in the report are:

AGCO Corporation, Deere & Company, GEA Group Aktiengesellschaft, Trimble Inc., AgJunction Inc., Raven Industries, Inc., DeLaval, CropMetrics, Intervet Inc., and AKVA group

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Regional Overview:

The global IoT in Agriculture market has been categorized on the basis of key geographical regions into North America, Asia Pacific, Europe, Latin America, and Middle East & Africa. It evaluates the presence of the global IoT in Agriculture market in the major regions with regards to market share, market size, revenue contribution, sales network and distribution channel, and other key elements.

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Market Segmentations of the IoT in Agriculture Market

This market is segmented based on Types, Applications, and Regions. The growth of each segment provides accurate forecasts related to production and sales by Types and Applications, in terms of volume. This analysis can help readers looking to expand their business by targeting emerging and niche markets. Market share data is given on both global and regional levels. Regions covered in the report are North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Research analysts assess the market positions of the leading competitors and provide competitive analysis for each company. For this study, this report segments the global IoT in Agriculture market on the basis of product, application, and region:

Segments Covered in this report are:

  • System Outlook (Revenue, USD Billion; 2019-2030)

    • Automation and Control Systems
    • Sensing and Monitoring Devices
    • Livestock Monitoring Hardware
    • Fish Farming Hardware
    • Smart Greenhouse Hardware
    • Software
  • Application Outlook (Revenue, USD Billion; 2019-2030)

    • Livestock Monitoring
    • Smart Greenhouse
    • Precision Forestry
    • Fish Farm Monitoring
    • Precision Farming
    • Others
  • Regional Outlook (Revenue, USD Billion; 2019–2030)

    • North America
      1. US
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. UK
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

Report Highlights:

  • Besides offering a vivid depiction of the global IoT in Agriculture business sphere and its fundamental operations, the latest report provides the industrial chain analysis and list down the current and future market trends and growth opportunities.
  • The report includes information on the present and historical market scenarios, which helps forecast the market conditions over the next eight years. 
  • The report scrutinizes the salient factors influencing the growth of the market in the near future.
  • The strategic marketing recommendations, crucial information related to the new market entrants, and expansion plans of various businesses are poised to provide the reader with a competitive edge in the market.

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