Connected Agriculture Market : A Study Of The Industry's Key Applications And Technologies

Published: 2024-03-22
Views: 36
Author: henry7020
Published in: Business

Connected Agriculture Market size was valued at USD 3.78 billion in 2022 and is expected to grow to USD 15.16 billion By 2030 and grow at a CAGR of 18.96 % over the forecast period of 2023-2030.

Connected agriculture, often termed AgriTech, is rapidly evolving, leveraging modern technologies to revolutionize traditional farming practices. With the integration of IoT sensors, drones, and AI-driven analytics, farms are becoming interconnected ecosystems of data-driven decision-making. This connectivity allows farmers to monitor crop health in real-time, optimize irrigation schedules, and efficiently manage resources, leading to higher yields and reduced environmental impact.

The emergence of connected agriculture platforms has streamlined the entire farming process, from soil preparation to harvest. These platforms offer comprehensive solutions that encompass everything from crop planning and monitoring to predictive analytics for disease and pest management. By harnessing the power of big data and machine learning algorithms, farmers can make more informed decisions, mitigating risks and maximizing productivity.

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Covid 19 impact analysis:

The latest report is the most recent study that offers 360° coverage of the Connected Agriculture industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Connected Agriculture market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.

Major companies profiled in the market report include

   Ag Leader Technology, AT&T, IBM, Orange Business Services, Decisive Farming, Accenture, Microsoft, SatSure, Iteris, Gamaya, LINK LABS., Deere & Company, SAP SE, Oracle, Trimble SMAG, Cisco, and others.

Research objectives:

The latest research report has been formulated using industry-verified data. It provides a detailed understanding of the leading manufacturers and suppliers engaged in this market, their pricing analysis, product offerings, gross revenue, sales network & distribution channels, profit margins, and financial standing. The report’s insightful data is intended to enlighten the readers interested in this business sector about the lucrative growth opportunities in the Connected Agriculture market.

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It has segmented the global Connected Agriculture market on the basis of technology, application, end-use, and region:

By platforms

 l Device Management

l Application Enablement

l Connectivity Management

By Component

l Solution

l Services

By services

l Consulting

l Integration and Implementation

l Support and Maintenance

By Application

l Pre-Production Management

l In-Production Management

l Post-Production Management

Key Objectives of the Global Connected Agriculture Market Report:

·The report conducts a comparative assessment of the leading market players participating in the global Connected Agriculture market.

·The report marks the notable developments that have recently taken place in the Connected Agriculture industry

·It details on the strategic initiatives undertaken by the market competitors for business expansion.

·It closely examines the micro- and macro-economic growth indicators, as well as the essential elements of the Connected Agriculture market value chain.

·The repot further jots down the major growth prospects for the emerging market players in the leading regions of the market

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