Agriculture IoT Market Size 2021-2027 | Brief Analysis by Type, Top Manufacturers, Trends and Future
Internet of Things (IoT) has been transforming modern agriculture industry. Global agriculture IoT market will reach $63.68 billion by 2030, growing by 14.1% annually over 2020-2030 owing to emerging technological advancements and increasing number of government initiatives for IoT applications in agriculture.
Highlighted with 92 tables and 72 figures, this 163-page report “Global Agriculture IoT Market 2020-2030 by Offering (Hardware, Software, Services), System, Application (Precision Agriculture, Indoor Farming, Livestock, Aquaculture), and Region” is based on a holistic research of the entire global agriculture IoT market and all its sub-segments through extensively detailed classifications.
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In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global agriculture IoT market in every aspect of the classification from perspectives of Offering, System, Application, and Region.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
Agriculture IoT Hardware
• Automation and Control Systems
• Sensing and Monitoring Devices
• Navigation and Guidance Systems
Agriculture IoT Software
• Cloud Based Product
• On Premises Product
Agriculture IoT Services
• Professional Services
• Managed Services
Based on System, the global market is segmented into the following sub-markets with annual revenue ($ MN) for 2019-2030 included in each section.
Tracking & Positioning Systems
• GNSS/GPS Devices
• RFID
Monitoring & Detection Systems
• Wireless Sensor Network
• UAVs/Drones
• Auto-steering & Autonomous Vehicles
Communication Systems
• Network Communication Technologies
• Standards & Protocols
Cloud Computing
Data Management Systems
Based on Application, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.
Precision Agriculture IoT
• Crop Health Scouting
• Yield Monitoring
• Water, Pest & Fertilizer Management
• Climate, Weather & Soil Monitoring
• Farm Mapping
• Other Applications
Indoor Farming IoT
• Plant and Yield Monitoring
• Lighting Management
• Water, Pest & Fertilizer Management
• Ambient Environmental Monitoring
• Other Applications
Livestock Farming IoT
• Animal Health Monitoring
• Milk Harvesting
• Feeding Management
• Breeding Management
• Geofencing & Mapping
• Other Applications
Fisheries and Aquaculture IoT
• Animal Behavior & Health Monitoring
• Feed Monitoring
• Aquatic Species Tracking and Navigation
• Geofencing & Mapping
• Other Applications
Precision Forestry IoT
Other Applications
Geographically, the following regions together with the listed national/local markets are fully investigated:
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Belgium, Denmark, Austria, Norway, Sweden, The Netherlands, Poland, Czech Republic, Slovakia, Hungary, and Romania)
• North America (U.S., Canada, and Mexico)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Saudi Arabia, UAE, South Africa)
For each region and key country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of all regional markets by country and split of key national markets by Offering, System, and Application over the forecast years are also included.
The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global agriculture IoT market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
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Key Players :
• Ag Leader Technology
• AKVA Group ASA
• Antelliq
• Deepfield Robotics (Bosch)
• Deere & Company
• Delaval
• Eruvaka Technologies
• Farmers Edge
• GEA Group
• Komatsu Forest
• Ponsse
• PrecisionHawk Inc.
• Raven Industries
• Smartcultiva Corporation
• Topcon Corporation
• Trimble Inc.
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It's great that IoT can be beneficial not only as an automation system for the house but for agriculture too. When I bought a system from https://ajax.systems/, I understood that it's actually convenient. And I think that for farming, a similar system has even more advantages. Of course, it has to be more complicated, but I believe it's not a problem to come up with since agriculture has an enormous impact on our lives.
Advances in computing power, cloud technology, analytics, and wireless communications have enabled physical objects to exchange information with minimal human intervention.
Advances in computing power, cloud technology, analytics, and wireless communications have enabled physical objects to exchange information with minimal human intervention. The accessibility and reliability of the internet of things product development https://www.eliftech.com/insights/iot-product-development-step-by-step-guide-eliftech/ has made the IoT a modern solution for a wide range of manufacturers, businesses.