IoT in Agriculture Market Analysis , Size, Share, Industry Outlook - 2021-2027
The global IoT in Agriculture Market will be worth USD 27.22 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing population worldwide coupled with the increasing demand for food in developing countries. The farmers are trying to enhance agricultural productivity in order to meet the growing demand for food by incorporating IoT based technologies in agricultural practices.
The Global IoT in Agriculture Market research study published by Emergen Research is an extensive collection of insightful information about the IoT in Agriculture industry. The report covers the IoT in Agriculture Market segmentation along with a detailed outline of the IoT in Agriculture market size with regards to volume and valuation. The report provides comprehensive coverage of the IoT in Agriculture market scenario for the current period and forecast timeline of 2020-2027. The IoT in Agriculture market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
To learn more details about the Global IoT in Agriculture Market report, visit @ https://www.emergenresearch.com/industry-report/iot-in-agriculture-market
COVID-19 Impact Analysis:
This report is the latest document encompassing the massive changes that took place in the IoT in Agriculture market following the emergence of the COVID-19 pandemic. The pandemic has drastically affected the global economic landscape, thereby disrupting the operating mechanism of the IoT in Agriculture market. The severe global crisis has prompted organizations to efficiently respond to the rapidly shifting business environment. Therefore, the report fully covers the profound impact of COVID-19 on this industry, with a special focus on the affected industry segments. However, the market is expected to regain momentum in the post-COVID-19 era.
Global IoT in Agriculture Market Segmentation:
Emergen Research has segmented the global IoT in Agriculture Market on the basis of Offering, Application, and region:
- Offering Outlook (Revenue, USD Billion; 2017-2027)
- Software
- Hardware
- Services
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Livestock Monitoring
- Smart Greenhouse
- Precision Forestry
- Fish Farm Monitoring
- Precision Farming
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Competitive Terrain:
The Global IoT in Agriculture Market is highly consolidated due to the presence of a large number of companies across this industry. The report scrutinizes the strategic approach of key market players towards expanding their product offerings and fortifying their market foothold. The leading market contenders listed in the report are as follows:
Agco Corporation, Deere and Company, GEA Group, Trimble Inc., Agjunction, Raven Industries, Antelliq, Delaval, Ponsse, and CropMetrics LLC, among others.
Key questions addressed in the report:
- Who are the leading players dominating the global IoT in Agriculture Market?
- Which factors could potentially hamper the global market growth during the forecast period?
- Which regional market offers the most attractive growth opportunities to the companies operating in this market?
- How is the raw material availability affecting the demand for IoT in Agriculture in this industry vertical?
Region wise performance of the IoT in Agriculture industry
North America IoT in Agriculture market forecast is expected to remain significantly positive in terms of revenue share between 2020 and 2028. In addition, North America IoT in Agriculture market revenue share is expected to remain comparatively larger than that of other regional markets from 2020 to 2028.
Asia Pacific registered fastest revenue CAGR in 2020, and the IoT in Agriculture market forecast is that this trend is expected to continue going ahead. Market forecast states that revenue share contribution from China, India, and South Korea is expected to remain robust till 2028.
Europe IoT in Agriculture market forecast is positive currently, with revenue growth expected to remain steady between 2020 and 2028. Robust focus on research and development initiatives by major firms and changing trends and demographics in countries in the region are some factors expected to continue to support IoT in Agriculture market growth.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Europe
- China
- Japan
- Southeast Asia
- India
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Table of content
Chapter 1: Methodology & Scope
- Definition and forecast parameters
- Methodology and forecast parameters
- Data Sources
Chapter 2:
Executive Summary
- Business trends
- Regional trends
- Product trends
- End-use trends
Chapter 3:
Industry Insights
- Industry segmentation
- Industry landscape
- Vendor matrix
- Technological and innovation landscape
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
- Business Overview
- Financial Data
- Product Landscape
- Strategic Outlook
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- Potential Market Opportunities
- Growth Dynamics
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- Post-sales Support
Continued….
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