The global connected agriculture market size is expected to reach USD 12.57 billion in 2028 and register a steady CAGR over the forecast period, according to the latest analysis by Emergen Research. Steady market revenue growth can be attributed to the increasing need to ensure food security and increase agricultural processes efficiency and productivity to meet rising global food demand. Increasing implementation of advanced technologies to manage, enhance, and control farming activities is expected to drive growth in the global connected agriculture market during the forecast period. Increasing adoption of IoT sensors to aid in crop monitoring and cultivation in order to enhance farm operations and optimize agricultural processes is another major factor driving market growth. Farmers are increasingly utilizing farm management systems, as these assist not only farmers but other stakeholders in the field of agriculture with the collection of information and management by utilizing various tracking devices and sensors. Reliable financial data and production data management solutions and services offered by farm management systems and risk mitigation capabilities regarding weather have been resulting in increasing demand for and deployment, and this is driving the growth of the global connected agriculture solutions market to a significant extent.
By carefully analyzing the vital commercial data and broad geographic dispersion of the business, Emergen Research created a market research study on Connected Agriculture. The study provides comprehensive coverage of the qualitative and quantitative analysis of the market for Connected Agriculture as well as important market statistics. The study paper offers current estimates through 2021 as well as historical data from 2017 to 2018. The profiles of both well-known and emerging industry participants in the research contain a summary of the company, its product portfolio, strategic relationships, and corporate expansion goals.
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Connected Agriculture market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
IBM, Microsoft, AT&T, Deere & Company, SAP SE, Accenture, Cisco Systems, Inc., Oracle Corporation, Iteris, Inc. and Trimble Navigation
How will this Report Benefit you?
An Emergen Research report of 250 pages features 194 tables, 189 charts, and graphics. Our new study is ideal for anyone who wants to learn about the global Connected Agriculture market commercially and deeply, as well as to analyze the market segments in depth. With the help of our recent study, you can analyze the entire regional and global market for Connected Agriculture. To increase market share, you must obtain financial analysis of the entire market and its segments. Our research suggests there are significant opportunities in this rapidly expanding market for energy storage technology. Look at how you might take advantage of these revenue-generating opportunities. Additionally, the research will help you develop growth strategies, strengthen competitor analysis, and improve business productivity by enabling you to make better strategic decisions.
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Some Key Highlights from the Report
In July 2021, Land O’Lakes Inc. and Microsoft Corporation announced a multiyear strategic alliance to launch new innovations in agriculture, expand sustainability practices for farmers, improve the supply chain, and minimize the rural broadband gap. The strategic alliance is expected to deliver solutions, which would help in increasing profit potential of farmers and drive adoption of sustainable agricultural practices.
Platforms segment accounted for largest revenue share in 2021. Rising need to constantly monitor and remotely control smart agriculture devices utilized in connected agriculture systems is projected to drive demand for device management platforms going ahead.
Pre-production planning and management segment revenue is expected to expand at a rapid CAGR during the forecast period. Rising need to minimize pest and disease outbreaks and inefficiencies in planting is driving increasing utilization of pre-production planning and management solutions.
North America accounted for largest revenue share contribution to the global connected agriculture market in 2021. Increasing investment by major players in the region such as IBM, Microsoft, AT&T, Deere & Company, Cisco Systems, Inc., Oracle Corporation, Iteris, Inc., and Trimble navigation for development of connected agriculture solutions is resulting in rising demand for connected agriculture solutions in countries in the region.
What Questions Should You Ask before Buying a Market Research Report?
How is the Connected Agriculture market evolving?
What is driving and restraining the Connected Agriculture market?
How will each Connected Agriculture submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2028?
How will the market shares for each Connected Agriculture submarket develop from 2021 to 2028?
What will be the main driver for the overall market from 2021 to 2028?
Will leading Connected Agriculture markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
How will the market shares of the national markets change by 2028 and which geographical region will lead the market in 2028?
Who are the leading players and what are their prospects over the forecast period?
What are the Connected Agriculture projects for these leading companies?
How will the industry evolve during the period between 2021 and 2028? What are the implications of Connected Agriculture projects taking place now and over the next 10 years?
Is there a greater need for product commercialisation to further scale the Connected Agriculture market?
Where is the Connected Agriculture market heading and how can you ensure you are at the forefront of the market?
What are the best investment options for new product and service lines?
What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the Connected Agriculture market today, and over the next 10 years:
Our 250-page report provides 194 tables and 189 charts/graphs exclusively to you.
The report highlights key lucrative areas in the industry so you can target them – Now.
It contains in-depth analysis of global, regional and national sales and growth.
It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you Today how the Connected Agriculture market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
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The report bifurcates the Connected Agriculture market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Component Outlook (Revenue, USD Billion; 2018–2028)
Application Outlook (Revenue, USD Billion; 2018–2028)
Pre-Production Planning and Management
In-Production Planning and Management
Post-Production Planning and Management
Regional Outlook (Revenue, USD Billion; 2018–2028)
Rest of Europe
Rest of APAC
Rest of LATAM
Middle East & Africa
Rest of MEA
Forecasts to 2028 and other analyses reveal commercial prospects
In addition to revenue forecasting to 2028, our new study provides you with recent results, growth rates, and market shares.
You will find original analyses, with business outlooks and developments.
Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising Connected Agriculture prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.
How will the Connected Agriculture Market, 2021 to 2028 report help you?
In summary, our 250-page report provides you with the following knowledge:
Revenue forecasts to 2028 for Connected Agriculture Market, 2021 to 2028 Market, with forecasts for include report segmentation and company size, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
Revenue forecasts to 2028 for four regional and 20 key national markets – See forecasts for the Connected Agriculture Market, 2021 to 2028 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Connected Agriculture Market, 2021 to 2028.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Emergen Research study is for everybody needing commercial analyses for the Connected Agriculture Market, 2021 to 2028, market-leading companies. You will find data, trends and predictions.
The content of each profile differs, depending on the organization. In general, a profile gives the following information:
Overview of the company’s Connected Agriculture products & services
Analysis of recent financial performance–annual revenue of the companies
Assessment of developments–activities, acquisitions, production capacity, deals, new service offerings and collaborations
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The report offers a competitive landscape of the minimally invasive surgical systems market to assist players to gain insights into the competition scenario. Key companies operating in the market are profiled to provide valuable insights.
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