Digital Farming Market Size, Share, Trends & Forecast
The Digital Farming Market size was valued at USD 23.9 Billion in 2023 and is expected to grow to USD 74.70 Billion by 2032 and grow at a CAGR of 13.5% over the forecast period of 2024-2032.
The study examines the global Digital Farming Market in depth, including trends, drivers, restraints, opportunities, and threats, as well as revenue statistics and other essential data. The most recent global market research study includes evidence-based data and covers all elements of the market, including current technological advances, market potential analysis, and competition landscape. The research also analyses regional market share, size, market drivers, and limitations for the forecast period. This study also provides data on the most recent advancements made by major firms, as well as their respective market shares.
The goal of this report is to give industry stakeholders with a comprehensive analysis of the Digital Farming Market. The research comprises a straightforward examination of complex data, as well as information on the industry's historical and present situation, as well as projected market size and trends. The study looks at all aspects of the sector, with a focus on major players such market leaders, followers, and newcomers.
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Trade Management Software Market Key Players:
l Bayer AG (FieldView, Xarvio Digital Farming Solutions)
l Syngenta Group (Cropwise, AgriEdge)
l Deere & Company (John Deere) (John Deere Operations Center, JDLink)
l CNH Industrial (Case IH & New Holland) (AFS Connect (Case IH), PLM Intelligence (New Holland))
l AGCO Corporation (Fuse Connected Services, Precision Planting)
l Trimble Inc. (Trimble Ag Software, GFX-750 Display System)
l Kubota Corporation (Kubota Farm Solutions, K-Monitor)
l Raven Industries (Slingshot, VSN Visual Guidance)
l Taranis (Taranis Precision Scouting, Taranis SmartScout)
l Tavant Technologies (AI-powered Agritech Solutions, IoT-based Farm Management Tools)
l Hexagon Agriculture (HxGN AgrOn, AgrOn Machine Control)
l Corteva Agriscience (Granular Farm Management, Encirca)
l Topcon Agriculture (Topcon X35 Console, Horizon Software)
l Climate Corporation (Subsidiary of Bayer) (Climate FieldView, Climate Insights)
l Farmers Edge (FarmCommand, Smart VR)
l Yara International (Atfarm, N-Sensor)
l Prospera Technologies (Crop Monitoring Platform, Agronomy Analytics)
l CropX (CropX Farm Management System, Soil Sensor Technology)
l Sentera (FieldAgent Platform, NDVI Sensors)
l Valmont Industries (Valley Irrigation, BaseStation Controller)
l others
Market Segmentation
Digital Farming Market research includes sub-categories such as product type, application, end-use, and geography. In terms of geographical segmentation, the report looks into various subsets. Marketers would benefit from this research study because it will keep them up to date on current trends and help them identify target audiences. The market is separated into sub-segments, each of which can provide classified information on current market conditions. This section looks into regional segmentation, with a focus on current and future market demand in North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. The research also looks at demand for certain application categories across all key regional markets.
By Infrastructure
l Sensing & Monitoring
² Sensors
² Cameras
l Communication Technology
² Short Range
² Medium Range
² Long Range
l Cloud & Data Processing
l Telematics/Positioning
² GPS/GNSS
² GIS
l End-Use Components
² Hardware/Systems
² Software/Apps
By Product
l Agricultural Equipment
l Drones/Robots/Unmanned Aerial Vehicles
By Technology
l AI/ML/NLP
l IoT
l Blockchain
l Big Data & Analytics
By Application
l Yield Monitoring and Mapping
l Smart Crop Monitoring
l Soil & Fertilizer Management
l Smart Irrigation Monitoring System
l Weather Forecasting
l Others
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Competitive Outlook
The analysis also contains extensive profiles of the market's top competitors as well as an in-depth examination of the worldwide competitive landscape. The study examines the financials, supply chain trends, technological breakthroughs, and significant developments of the various key competitors in the Digital Farming Market, as well as future strategies, acquisitions & mergers, and market footprint.
External and internal factors that are predicted to have a favorable or negative impact on businesses have been investigated, giving decision-makers a clear picture of the industry's future. Because of its clear depiction of competitive analysis of important rivals by product, price, financial status, product portfolio, growth strategies, and regional presence in the worldwide Digital Farming Market, the research is an investor's guide. A PORTER, SVOR, and PESTEL analysis, as well as the potential impact of microeconomic market determinants, are all included in the study.
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