Internet of Things (IoT) Agriculture Market was valued at USD 11.5 Billion in 2021, and it is expected to reach USD 23.4 Billion by 2029, exhibiting a CAGR of 9.29 % during the forecast period (2022-2029)
Internet of Things (IoT) Agriculture Market Overview
Maximize Market Research's new report on the Global Internet of Things (IoT) Agriculture Market 2023-2029 is a valuable resource for understanding the market's competitors and gaining key business insights. The report provides a comprehensive overview of the market, including its value chain structure, geographical analysis, applications, market size, and forecast (2023-2029). This information can be used to make more informed decisions about the current and future state of the global Internet of Things (IoT) Agriculture market.
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Internet of Things (IoT) Agriculture Market Scope
The report focuses on the key factors that are driving and restraining the growth of the Internet of Things (IoT) Agriculture market, as well as the competitive landscape and future prospects. It provides insights into the current and future market trends, demand chain, supply chain, and sales, as well as recent changes in the market.
The report also includes company profiles of the key players in the Internet of Things (IoT) Agriculture market, including their overview, financial performance, product portfolio, and strategies. It also uses SWOT and PESTLE analysis to provide a comprehensive view of the market.
Internet of Things (IoT) Agriculture Market Segmentation
According to application, the precision farming sector is anticipated to hold more than 35% of the market in 2021. The IoT integration in precision imaging for the monitoring of soil, water, and weather, along with the real-time data collection about the health of the equipment and farm's condition with the help of drones' sensors, controllers, etc., are promoting the growth in the market share of precision farming. The goal of precision farming is to analyze sensor data and take the right action. Precision farming uses sensors to help farmers gather data, analyze it, and make decisions quickly and with knowledge. Numerous precision farming techniques, such as managing animals, tracking vehicles, and managing irrigation, all considerably increase productivity and effectiveness.
1. Global Internet of Things (IoT) Agriculture Market, By System (2021-2029)
• Automation and control systems
• Sensing and monitoring devices
• Livestock monitoring Hardware
• Fish farming hardware
• Smart greenhouse hardware
• Software
2. Global Internet of Things (IoT) Agriculture Market, By Farm Type (2021-2029)
• Large
• Mid-Sized
• Small Farms
3. Global Internet of Things (IoT) Agriculture Market, By Application (2021-2029)
• Precision farming
• Livestock monitoring
• Smart greenhouse
• Fish farm monitoring
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Internet of Things (IoT) Agriculture Market Key Players
• Deere & Company
• Trimble, Inc.
• Leica Geosystems
• Raven Industries
• AG Junction, Inc.
• Agco Corporation
• Precision Planting Inc.
• The Climate Corporation
• DeLaval
• GEA Farm Technology
• Lely
• Antelliq
• AG Leader Technology
• Tigercat
• Ponsse
• Komatsu Forest AB
• DICKEY-john Corporation
• Hitachi, Ltd
• Telit
• Decisive Farming
• OnFarm Systems Inc.
• Farmers Edge Inc.
• SlantRange, Inc.
• SmartCultiva Corporation
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Internet of Things (IoT) Agriculture Market Regional Analysis
The global Internet of Things (IoT) Agriculture Market's growth trend is examined in depth throughout the report. It divides the major 5 regions, such as North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa, which have global dominance in the Internet of Things (IoT) Agriculture market.
Key Questions answered in the Internet of Things (IoT) Agriculture Market Report are:
- What are the Internet of Things (IoT) Agriculture market segments?
- What are the global trends in the Internet of Things (IoT) Agriculture Market?
- What are the major challenges that the Internet of Things (IoT) Agriculture Market could face in the future?
- How is the intervention from regulatory authority shaping the Internet of Things (IoT) Agriculture Market?
- Who are the Internet of Things (IoT) Agriculture key players in the industry?
- What growth strategies are the players considering to increase their presence in Internet of Things (IoT) Agriculture Market?
- Which region held the largest Internet of Things (IoT) Agriculture market share in 2022?
- Which regional Internet of Things (IoT) Agriculture market is expected to grow rapidly during the forecast period?
Key offerings:
- A detailed Market Overview
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis of segments and sub-segments
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
- Recommendations
- Key Findings
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