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IoT in Agriculture Market High Demand, Business Scenario, Size, Share, Growth, Insights, Industry Analysis, Trends and Forecasts Report 2027

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IoT in Agriculture Market High Demand, Business Scenario, Size, Share, Growth, Insights, Industry Analysis, Trends and Forecasts Report 2027

March 28
20:58 2021
This report provides detailed historical analysis of global market for IoT in Agriculture from 2014-2019, and provides extensive market forecasts from 2020-2027 by region/country and subsectors.

The global IoT in Agriculture Market will be worth USD 27.22 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing population worldwide coupled with the increasing demand for food in developing countries. The farmers are trying to enhance agricultural productivity in order to meet the growing demand for food by incorporating IoT based technologies in agricultural practices. Increasing adoption of the crop management devices to monitor crop growth and protect the field from any infestations is expected to drive the growth of the market over the forecast period.

The study finds that how on certain account threats and challenges can act as a roadblock for the business. A thorough evaluation of the IoT in Agriculture market in the light of macro-environment such as social, political, economical as well as technological environment add granularity to the overall research. In addition, the study produces real-time data on vital aspects including sales, profits, gross margin and growth prospects to show how going forward the business will witness a substantial upswing.  

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Key Highlights From The Report

In October 2019, Raven Industries announced to acquire majority ownership of the DOT autonomous platform. The acquisition will accelerate the development of precision agricultural technology from semi to fully autonomous solutions.

Hardware held the largest market share of 48.3% in the year 2019 as it enhances crop productivity and quality.

Livestock monitoring is forecasted to grow with the fastest CAGR of 11.3% over the forecast period. It helps the farmers lower labor costs and prevents the spread of diseases among the cattle.

The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the growing global population and the increasing requirement for food in the developing countries.

Key participants include Agco Corporation, Deere and Company, GEA Group, Trimble Inc., Agjunction, Raven Industries, Antelliq, Delaval, Ponsse, and CropMetrics LLC, among others.

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Regional scope- North America; Europe; Asia Pacific; Central & South America; MEA

Offering Outlook (Revenue, USD Billion; 2017-2027)

Software

Hardware

Services

Application Outlook (Revenue, USD Billion; 2017-2027)

Livestock Monitoring

Smart Greenhouse

Precision Forestry

Fish Farm Monitoring

Precision Farming

Others

Key questions answered in the report

What will be the market size in terms of value and volume in the next five years?

Which segment is currently leading the market?

In which region will the market find its highest growth?

Which players will take the lead in the market?

What are the key drivers and restraints of the market’s growth?

Research Methodology

Data triangulation and market breakdown

Research assumptions Research data including primary and secondary data

Primary data includes breakdown of primaries and key industry insights

Secondary data includes key data from secondary sources

You Can Download Free Sample PDF Copy of IoT in Agriculture Market at https://www.emergenresearch.com/request-sample/275

The global market landscape of IoT in Agriculture (SIGINT) is expected to remain in a very competitive and highly fragmented landscape consisting of a number of both the small start-ups, medium enterprises, and large conglomerates. During the projected era, increasing demand for technological development and higher diversification in offered products ensure the enormous potential for the innovative players.

Report Objectives

Examine the size of the global IoT in Agriculture market based on the parameters of value and volume.

Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global IoT in Agriculture market.

Explore the underlying dynamics of the global IoT in Agriculture market.

Highlight significant trends of the global IoT in Agriculture market based on factors including, production, revenue, and sales.

Extensively profile top players of the global IoT in Agriculture market and showing how they compete in the industry.

Study manufacturing processes and the costs, product pricing, and various trends associated with them.

Analyze the performance of different regions and countries in the global IoT in Agriculture market.

Forecast the market size and share of all segments and regions in the global landscape.

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Table of Content

Chapter 1. Methodology & Sources

    1.1. IoT in Agriculture Market Definition

    1.2. IoT in Agriculture Market Research Scope

    1.3. IoT in Agriculture Market Methodology

    1.4. IoT in Agriculture Market Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. IoT in Agriculture Market Key Insights

Chapter 4. IoT in Agriculture Market Segmentation & Impact Analysis

Chapter 5. IoT in Agriculture Market By Technology Insights & Trends, Revenue (USD Billion) (Million MT)

Chapter 6. IoT in Agriculture Market By End-Use Verticals Insights & Trends Revenue (USD Billion) (Million MT)

Chapter 7. IoT in Agriculture Market Regional Outlook

Continued…

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Company Name: Emergen Research
Contact Person: Eric Lee
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City: Surrey
State: British Columbia
Country: Canada
Website: https://www.emergenresearch.com/industry-report/iot-in-agriculture-market

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