Internet of Things (IoT) Agriculture Market was valued at USD 11.5 Billion in 2021, and it is expected to reach USD 23.4 Billion by 2029, exhibiting a CAGR of 9.29 % during the forecast period (2022-2029)
Internet of Things (IoT) Agriculture Market Overview
The Internet of Things (IoT) Agriculture Market Research Reports providing qualitative and quantitative insights into key market development determinants, limitations, opportunities, and issues from a global Internet of Things (IoT) Agriculture market. The research is based on forecasts from major organizations as well as market statistics. Sales growth figures at several regional and national market levels, as well as a competitive climate for predicted periods and individual firm valuations, are all included in market research.
Internet of Things (IoT) Agriculture Market Scope
The research looks into demand for Internet of Things (IoT) Agriculture Market predictions, market trends, and micro and macro variables in the detail. In addition, the research includes factors that are propelling the Internet of Things (IoT) Agriculture market growth and impeding the market's growth. The Maximize Market Research report provides a regional analysis of potential investment opportunities for existing and new market entrants.
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Internet of Things (IoT) Agriculture Market Segmentation :
By application, precision farming segment is estimated to account for over 35% of the total market share in 2021. The rise in the market share of precision farming is being promoted by the IoT integration in the precision imaging for the monitoring of soil, water, and weather, along with the real-time data collection about the health of the equipment and farm's condition with the aid of drones' sensors, controllers, etc. Precision farming aims to assess data produced by sensors and respond appropriately. With the use of sensors, precision farming enables farmers to collect data, analyse it, and make quick, informed decisions. Numerous precision agricultural methods, including livestock management, vehicle monitoring, and irrigation management, all contribute significantly to raising productivity and effectiveness.
Key Players
• Deere & Company
• Trimble, Inc.
• Leica Geosystems
• Raven Industries
• AG Junction, Inc.
• Agco Corporation
• Precision Planting Inc.
• The Climate Corporation
• DeLaval
• GEA Farm Technology
• Lely
• Antelliq
• AG Leader Technology
• Tigercat
• Ponsse
• Komatsu Forest AB
• DICKEY-john Corporation
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Regional Analysis
Regional Insights in the report on the Internet of Things (IoT) Agriculture industry on a regional level. The region-wise survey is done in a wide range of high-resolution regional investigations. The region portion of the research also provides key market influencing aspects and changes in market regulation that impact the market's current and future trends. The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.
Key Questions answered in the Internet of Things (IoT) Agriculture Market Report are:
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Mar 04, 2023