Iot in Agriculture Market, Revenue Growth, Key Factors, Major Companies, Forecast To 2030
Emergen Research has recently published a detailed report on the global IoT in Agriculture market formulated through extensive primary and secondary research. The report studies the historical data of the IoT in Agriculture market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the IoT in Agriculture industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the IoT in Agriculture 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 Global IoT in Agriculture Market report provides full coverage of the companies’ data, including details about their production and manufacturing capacity, product portfolio, business overview, revenue, gross profit margins, sales network and distribution channel, financial standing, and market position. The report also studies business strategies and strategic alliances undertaken by companies to gain a robust footing in the market. The report sheds light on the mergers and acquisitions, collaborations, joint ventures, brand promotions and product launches, agreements and partnerships, and corporate and government deals. The comprehensive analysis of the competitive landscape offers the readers a deeper understanding about the competitors.
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The report bifurcates the IoT in Agriculture market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Research Report on the IoT in Agriculture Market Addresses the Following Key Questions:
- Who are the dominant players of the IoT in Agriculture market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the IoT in Agriculture market?
- What are the key growth drivers and restraining factors of the IoT in Agriculture market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the IoT in Agriculture market and its key segments?
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The report sheds light on the region expected to dominate the IoT in Agriculture market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the IoT in Agriculture market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each 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
Application Outlook (Revenue, USD Billion; 2019-2030)
- Livestock Monitoring
- Smart Greenhouse
- Precision Forestry
- Fish Farm Monitoring
- Precision Farming
Regional Outlook (Revenue, USD Billion; 2019–2030)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
- North America
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Leading Companies of the IoT in Agriculture Industry and Profiled 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
In conclusion, the IoT in Agriculture Market report is an exhaustive database that will help readers formulate lucrative strategies. The IoT in Agriculture Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
Additional information offered by the report:
- Along with a complete overview of the global IoT in Agriculture market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global IoT in Agriculture market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
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