Internet of Things (IoT) Agriculture Market was valued at USD 13.73 Billion in 2023, and it is expected to reach USD 25.58 Billion by 2030, exhibiting a CAGR of 9.29 % during the forecast period (2024-2030)
Internet of Things (IoT) Agriculture Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Internet of Things (IoT) Agriculture Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Internet of Things (IoT) Agriculture Market.
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Internet of Things (IoT) Agriculture Market Scope and Methodology:
The Internet of Things (IoT) Agriculture Market requires a mix of both qualitative and quantitative research methods. Internet of Things (IoT) Agriculture Market information is gathered through different research methods including expert advice, primary and secondary research, both qualitative and quantitative. Primary research gathers important data from interviews, surveys, questionnaires, and input from industry experts, customers and other sources either in person or over the phone.
The report provides in-depth analysis on different strategies used by leading companies, such as partnerships, mergers, acquisitions, and collaborations. The report conducted a SWOT analysis to evaluate the company's market position through identifying its strengths, weaknesses, opportunities, and threats. Analytical techniques, such as examining investment returns, conducting a feasibility study, and using Porter's five forces analysis, were employed to assess the Internet of Things (IoT) Agriculture market. The bottom-up approach was used to determine the global and regional Internet of Things (IoT) Agriculture market sizes.
Internet of Things (IoT) Agriculture Market Regional Insights:
The Internet of Things (IoT) Agriculture Market report is segmented into various key countries. Countries such as North America (United States, Canada, Mexico), Europe (United Kingdom, Germany, France, Spain, Italy, Rest of Europe), Asia Pacific (China, India, Japan, Australia, South Korea, ASEAN countries, other APAC countries), South America (Brazil), and the Middle East and Africa.
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Internet of Things (IoT) Agriculture Market Segmentation:
by System
Automation and control systems
Sensing and monitoring devices
Livestock monitoring Hardware
Fish farming hardware
Smart greenhouse hardware
Software
by Application
Precision farming
Livestock monitoring
Smart greenhouse
Fish farm monitoring
In 2023, the precision farming application sector is projected to hold a market share of more than 35%. IoT integration in precision imaging for weather, water, and soil monitoring, as well as real-time data collection about the condition of the farm and equipment using drone sensors, controllers, etc., are driving the growth of precision farming's market share.
byFarm Type
Large
Mid-Sized
Small Farms
Internet of Things (IoT) Agriculture Market Key Players:
1. Deere & Company
2. Trimble, Inc.
3. Leica Geosystems
4. Raven Industries
5. AG Junction, Inc.
6. Agco Corporation
7. Precision Planting Inc.
8. The Climate Corporation
9. DeLaval
10.GEA Farm Technology
11.Lely
12.Antelliq
13.AG Leader Technology
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Key questions answered in the Internet of Things (IoT) Agriculture Market are:
- What is Internet of Things (IoT) Agriculture?
- What is the growth rate of the Internet of Things (IoT) Agriculture Market?
- Which are the factors expected to drive the Internet of Things (IoT) Agriculture Market growth?
- What are the upcoming opportunities and trends for the Internet of Things (IoT) Agriculture Market?
- Who are the leading companies and what are their portfolios in Internet of Things (IoT) Agriculture Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Internet of Things (IoT) Agriculture Market?
- Who are the key players in the Internet of Things (IoT) Agriculture Market?
- What are the different segments of the Internet of Things (IoT) Agriculture Market?
- Which is the fastest growing region in the Internet of Things (IoT) Agriculture Market?
- What growth strategies are the players considering to increase their presence in Internet of Things (IoT) Agriculture?
- What is the CAGR at which the Internet of Things (IoT) Agriculture Market will grow during the forecast period?
- What segments are covered in the Internet of Things (IoT) Agriculture Market?
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Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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