Brief Overview of the Connected Agriculture Market:
The global Connected Agriculture Market is expected to experience substantial growth between 2024 and 2031. Starting from a steady growth rate in 2023, the market is anticipated to accelerate due to increasing strategic initiatives by key market players throughout the forecast period.
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Which are the top companies operating in the Connected Agriculture Market?
The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Connected Agriculture Market report provides the information of the Top Companies in Connected Agriculture Market in the market their business strategy, financial situation etc.
Cisco Systems Inc., (U.S.), Microsoft (U.S.), IBM (U.S.), SAP SE (U.S.), Oracle (U.S.), AT&T Intellectual Property (U.S.), Deere & Company. (U.S.), Accenture (Ireland), Iteris, Inc. (U.S.), Trimble Inc. (U.S.), SMAG (France), Ag Leader Technology (U.S.), TELUS Agriculture Solutions Inc. (copyright), Gamaya. (Switzerland), SatSure. (U.K.), SlantRange, Inc. (U.S.), Raven Industries, Inc. (U.S.), AGCO Corporation. (U.S.), Orange Business (France)
Report Scope and Market Segmentation
Which are the driving factors of the Connected Agriculture Market?
The driving factors of the Connected Agriculture Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.
Connected Agriculture Market - Competitive and Segmentation Analysis:
**Segments**
- Based on component, the global connected agriculture market can be segmented into solutions and services. The solutions segment can be further divided into network management, agriculture asset management, supervisory control and data acquisition (SCADA), logistics and supply chain management, smart water management, and others. The services segment includes consulting, integration and implementation, and support and maintenance.
- On the basis of application, the market is categorized into precision farming, livestock monitoring, fish farm monitoring, smart greenhouse, and others. Precision farming is anticipated to hold a significant market share as it involves technologies like GPS, GIS, and remote sensing to optimize field-level management with regards to crops and livestock.
- Considering the deployment mode, the connected agriculture market is segmented into cloud-based and on-premises. The cloud-based deployment mode is expected to witness substantial growth during the forecast period due to benefits such as scalability, flexibility, and cost-effectiveness offered by cloud services.
- By farm size, the market can be segmented into small and medium-sized farms, and large farms. Small and medium-sized farms are increasingly adopting connected agriculture solutions to enhance productivity, improve decision-making, and optimize resource utilization.
- Geographically, the global connected agriculture market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is projected to dominate the market by 2030, driven by the presence of key market players and the adoption of advanced technologies in the agriculture sector.
**Market Players**
- Some of the key players operating in the global connected agriculture market include IBM Corporation, Cisco Systems, Inc., Trimble Inc., Decisive Farming, Accenture PLC, AT&T Inc., Deere & Company, and SAP SE among others. These companies are focusing on strategic collaborations, product developments, and expansions to strengthen their market position and expand their customer base.
- In addition, startups such as CropIn, SemiosBio Technologies Inc., and AgJunction are playing a prominentIn the global connected agriculture market, the segmentation based on components plays a crucial role in understanding the diverse offerings within the industry. The division into solutions and services encompasses a wide range of offerings that cater to the specific needs of the agricultural sector. Solutions such as network management, agriculture asset management, SCADA, logistics and supply chain management, smart water management, and others provide farmers with the tools to efficiently manage their operations. On the other hand, services including consulting, integration and implementation, and support and maintenance ensure that farmers have the necessary support to make the most out of the technological solutions available to them.
Moving on to the application segment, the market showcases various areas where connected agriculture technologies are being applied. Precision farming stands out as a significant application due to its utilization of advanced technologies like GPS, GIS, and remote sensing to optimize farming practices at a detailed level. This application segment is likely to drive substantial market growth as farmers increasingly seek ways to enhance their productivity and operational efficiency through technology-driven solutions.
Considering the deployment mode, the division into cloud-based and on-premises options presents farmers with choices that align with their operational preferences and requirements. The cloud-based deployment mode is gaining traction due to its scalability, flexibility, and cost-effectiveness, offering farmers the advantage of accessing advanced agricultural technologies without significant infrastructure investments.
The segmentation by farm size highlights the varying needs and adoption rates of connected agriculture solutions among small and medium-sized farms versus large farms. Small and medium-sized farms are increasingly turning to connected agriculture solutions to streamline their operations, improve decision-making processes, and optimize resource allocation, indicating a growing market opportunity in this segment.
Geographically, the division into regions provides insights into the global distribution of the connected agriculture market. North America's dominance in the market is attributed to the presence of key market players and the rapid adoption of advanced technologies in the agriculture sector. This region is expected to maintain its leading position in the market, driven by continuous technological innovations and strategic initiatives undertaken by market players.
In summary**Market Players**
Cisco Systems Inc. (U.S.), Microsoft (U.S.), IBM (U.S.), SAP SE (U.S.), Oracle (U.S.), AT&T Intellectual Property (U.S.), Deere & Company. (U.S.), Accenture (Ireland), Iteris, Inc. (U.S.), Trimble Inc. (U.S.), SMAG (France), Ag Leader Technology (U.S.), TELUS Agriculture Solutions Inc. (copyright), Gamaya. (Switzerland), SatSure. (U.K.), SlantRange, Inc. (U.S.), Raven Industries, Inc. (U.S.), AGCO Corporation. (U.S.), Orange Business (France)
In the global connected agriculture market, the segmentation based on components plays a crucial role in understanding the diverse offerings within the industry. The division into solutions and services encompasses a wide range of offerings that cater to the specific needs of the agricultural sector. Solutions such as network management, agriculture asset management, SCADA, logistics and supply chain management, smart water management, and others provide farmers with the tools to efficiently manage their operations. On the other hand, services including consulting, integration and implementation, and support and maintenance ensure that farmers have the necessary support to make the most out of the technological solutions available to them. Precision farming is expected to drive substantial market growth as farmers increasingly seek ways to enhance their productivity and operational efficiency through technology-driven solutions. The segmentation by farm size highlights the varying needs and
North America, particularly the United States, will continue to exert significant influence that cannot be overlooked. Any shifts in the United States could impact the development trajectory of the Connected Agriculture Market. The North American market is poised for substantial growth over the forecast period. The region benefits from widespread adoption of advanced technologies and the presence of major industry players, creating abundant growth opportunities.
Similarly, Europe plays a crucial role in the global Connected Agriculture Market, expected to exhibit impressive growth in CAGR from 2024 to 2030.
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Key Benefits for Industry Participants and Stakeholders: –
- Industry drivers, trends, restraints, and opportunities are covered in the study.
- Neutral perspective on the Connected Agriculture Market scenario
- Recent industry growth and new developments
- Competitive landscape and strategies of key companies
- The Historical, current, and estimated Connected Agriculture Market size in terms of value and size
- In-depth, comprehensive analysis and forecasting of the Connected Agriculture Market
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters
The countries covered in the Connected Agriculture Market report are U.S., copyright and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA
Detailed TOC of Connected Agriculture Market Insights and Forecast to 2030
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Connected Agriculture Market Landscape
Part 05: Pipeline Analysis
Part 06: Connected Agriculture Market Sizing
Part 07: Five Forces Analysis
Part 08: Connected Agriculture Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Connected Agriculture Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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