smart farming market was valued at USD 12.80 billion in 2021 and is expected to reach USD 33.69 billion by 2030, registering a CAGR of 12.86% during the forecast period of 2023-2030. Livestock Monitoring accounts for the largest agriculture type segment in the respective market owing to the rise in consciousness regarding health of animals. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

Smart Farming Market research report is designed with the scrupulous Market analysis carried out by a team of industry experts, dynamic analysts, skilful forecasters and well-informed researchers. And not to mention, the report is amazingly characterized by using several charts, graphs and tables depending on the extent of data and information involved. What is more, influencing factors such as Market drivers, Market restraints and competitive analysis is studied with the SWOT analysis which is the most established tool when it comes to generate Market research report. Businesses can achieve complete knowhow of general Market conditions and tendencies with the information and data covered in the winning Smart Farming business report.

A dependable Smart Farming Market report comprises of all the crucial Market parameters and hence it can be used for the business. Furthermore, complete company profiles covered in this report also explains what recent developments, product launches, joint ventures, mergers and acquisitions are taking place by the numerous key players and brands in the market. The report is provided with the transparent research studies which have taken place by a team work of experts in their own domain. The top-notch Smart Farming Market document also endows with company profiles and contact information of the key Market players in the manufacturer’s section.

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Key Players Mentioned in the Smart Farming Market Research Report:

Grownetics, Inc. (US), Auroras s.r.l. (Italy), Granular, Inc. (San Francisco), TOPCON CORPORATION (Japan), The Climate Corporation (US), Farmers Edge Inc (Canada), DICKEY-john. (US), Conservis (US), Ag Leader Technology. (US), Raven Industries, Inc. (US), Iteris, Inc. (US), Reed Business Information Ltd (US), AgJunction (Canada), Trimble Inc. (US), Deere & Company. (US), Mothive (US), CropX inc. (US), Ceres Imaging, Inc (US), GAMAYA (Switzerland), AgriData Incorporated. (US), AgEagle Aerial Systems Inc. (US),and Aker Solutions (Norway), among others

The persuasive Smart Farming Market business report contains thorough analysis of the market with respect to several factors about Data Bridge Market Research report industry that range from market drivers, market restraints, market segmentation, opportunities, challenges, and market revenues to competitive analysis. The market report presents CAGR value fluctuations for the specific forecasted period which helps decide costing and investment strategies. For market segmentation study, a market of potential customers is divided into groups or segments based on different characteristics such as end user and geographical region. Smart Farming market research report brings precise and exact market research information that drives the business into right direction.

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The report uncovers important insights of the Smart Farming Integration market and includes projections with respect to revenue, industry size, and sales volumes over the study period. Additionally, the Smart Farming Integration market report provides detailed information regarding industry segmentations as well as the driving factors that will propel the profitability graph of the industry.

Based on Smart Farming Market Segmentations

Agriculture Type

Software

  • Web Based
  • Cloud Based

Service

  • System Integration and Consulting
  • Support and Maintenance
  • Connectivity Services
  • Managed Services
  • Professional Services

Solution

  • Network Management
  • Agriculture Asset Management
  • Supervisory Control and Data Acquisition
  • Logistics and Supply Chain Management
  • Smart Water Management
  • Others

Application

  • Yield Monitoring
  • Field Mapping
  • Crop Scouting
  • Weather Tracking and Forecasting
  • Irrigation Management
  • Farm Labor Management
  • Financial Management
  • Feeding Management
  • Milk Harvesting
  • Breeding Management
  • Fish Tracking and Fleet Navigation
  • Water Quality Management
  • HVAC Management
  • Others

Smart Farming Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

 

Drivers

 

Use of Modern Technologies in Agricultural Products

The use of modern technologies such as variable rate technology (VRT), data management software, mapping software, yield mapping software, and GPS in agricultural products is one of the major factors driving the growth of smart farming market. These technologies improve land fertility and profitability, maximize productivity, reduce the cost of farming and facilitate sustainable agriculture.

Availability of Low-Cost Sensors

The availability of various sensors such as load, temperature, and vibration accelerate the market growth. The on-going technological advancements in the semiconductor industry and intense competition among various manufacturers also drive the market growth.

Concerns regarding Soil Erosion

The increase in the concerns regarding soil erosion encouraging farmers to adopt advanced agricultural technologies further influence the market. The status of soil condition plays a crucial role in decision making regarding sustainable soil management and appropriate land use that is acquired with the help of modern agricultural solutions.

Additionally, rapid urbanization, change in lifestyle, expansion of agricultural sector, surge in investments and increase in government initiatives positively impact the smart farming market.

Opportunities

Furthermore, use of unmanned aerial vehicles or drones in agricultural farms and popularity of land-based recirculating aquaculture systems extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, rise in focus on integration of smartphones with agricultural hardware and software applications will further expand the market.

Smart Farming Market: Regional Segment Analysis (Regional Production Volume, Consumption Volume, Revenue and Growth Rate 2023-2030):
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Spain etc.)
Asia-Pacific (China, Japan, Korea, India, Australia and Southeast Asia etc.)
South America (Brazil, Argentina and Colombia etc.)
Middle East & Africa (South Africa, UAE and Saudi Arabia etc.)

 

The country section of the report also provides individual market impacting factors and changes in regulations in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, disease epidemiology and import-export tariffs 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 sales channels are considered while providing forecast analysis of the country data.

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Benefits:

  • This research offers a comprehensive analysis of current trends, projections, and dynamics for the years, with the goal of assisting in the identification of current market opportunities.
  • The individual market revenue of the major countries in each area is mapped.
  • The research examines the Smart Farming market circumstances on a regional and country-by-country basis.
  • The Smart Farming market’s major participants have been identified.
  • To understand the competitive environment across geographies, this study assesses the competitive landscape and conducts a value chain analysis.
  • An in-depth analysis of the Smart Farming market’s segmentation within the market has been offered, which is predicted to aid in the current market opportunities.

Table of Contents

  • Part 01: Executive Summary
  • Part 02: Scope of the Smart Farming Market Report
  • Part 03: Smart Farming Market Landscape
  • Part 04: Smart Farming Market Sizing
  • Part 05: Smart Farming Market Segmentation By Product
  • Part 06: Five Forces Analysis
  • Part 07: Customer Landscape
  • Part 08: Geographic Landscape
  • Part 09: Decision Framework
  • Part 10: Drivers and Challenges
  • Part 11: Market Trends
  • Part 12: Vendor Landscape
  • Part 13: Vendor Analysis

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