Global Internet of Things (IoT) in Agriculture Market – Industry Trends and Forecast to 2028

  • Agriculture And Animal Feed
  • Upcoming Report
  • Apr 2021
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Internet of Things (IoT) in Agriculture Market, By Component (Software, System, Services), Application (Livestock Monitoring, Precision Crop Farming, Indoor Farming, Aquaculture, Integrated Pest Management, Water Supply Management, Others), Country (U.S., Canada, Mexico, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028.

Internet of Things (IoT) in Agriculture Market Market Analysis and Insights : Global Internet of Things (IoT) in Agriculture Market

The internet of things (IoT) in agriculture market is expected to grow at a CAGR of 14.65% in the forecast period 2021 to 2028. Rise in the adoption of IoT and AI by farmers and growers is the major factor driving the growth of IoT in agriculture market in the forecast period of 2021-2028.

Internet of things (IoT) technology plays a significant role in increasing the current agricultural productivity to cater to the rising demand for food. IoT in agriculture industry incorporates IoT-based advanced technological systems, tools, equipment, and solutions to improve the operational efficiency, maximize yield, and minimize wastage of energy through real-time field data collection, data storage, data analysis, and development of control platform.

Rise in the focus on livestock monitoring and disease detection is the vital factor escalating the market growth, also rise in the demand for agricultural production output, increase in the governments support to adopt modern agricultural techniques, rise in the climate change, increase in the emphasis on hiking efficiency and rise in the adoption of drones in agriculture applications are the major factors among others driving the growth of internet of things (IoT) in agriculture market. Moreover, rise in the expansion of smartphone and internet penetration, rise in the public-private partnership and rise in the adoption of internet based technologies will further create new opportunities for internet of things (IoT) in agriculture market in the forecast period of 2021- 2028.

However, rise in the technological cost and limited technical knowledge and skills of farmers, and fragmented agriculture industry are the major factors among others acting as restraints, while unavailability of simple and standardized data management and data aggregation tools and lack of standardization in smart agriculture industry will further challenge the growth of internet of things (IoT) in agriculture market in the forecast period mentioned above.

This internet of things (IoT) in agriculture market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the internet of things (IoT) in agriculture market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Internet of Things (IoT) in Agriculture Market Scope and Market Size

The internet of things (IoT) in agriculture market is segmented on the basis of component and application. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.

  • Based on component, the internet of things (IoT) in agriculture market has been segmented into software, system and services. System has been further segmented into sensing and monitoring systems, fish farming systems, smart greenhouse systems, livestock monitoring systems, automation and control systems and others.
  • The internet of things (IoT) in agriculture market is also segmented on the basis of application into livestock monitoring, precision crop farming, indoor farming, aquaculture, integrated pest management, water supply management and others.

Internet of Things (IoT) in Agriculture Market Country Level Analysis

The internet of things (IoT) in agriculture market is analyses and market size, volume information is provided by country, component and application as referenced above.

The countries covered in  internet of things (IoT) in agriculture market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA)

Asia-Pacific dominates the internet of things (IoT) in agriculture market due to increase in the population coupled with increased demand for food and rise in the government initiative to use remote sensing technology to collect ground data information and satellite image to detect agriculture condition in this region.

The country section of internet of things (IoT) in agriculture market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.

Competitive Landscape and Internet of Things (IoT) in Agriculture Market Share Analysis

The internet of things (IoT) in agriculture market report competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to internet of things (IoT) in agriculture market report.

The major players covered in the internet of things (IoT) in agriculture market report are Deere & Company, Trimble Inc., Raven Industries, AGCO Corporation, AgJunction, DeLaval, GEA Group Aktiengesellschaft, Lely, Intervet Inc, Ag Leader Technology, Tigercat International Inc, Ponsse Oyj, Caterpillar, Komatsu Forest, Treemetrics, Topcon and DICKEY-john among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.

Customization Available : Global Internet of Things (IoT) in Agriculture Market

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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