Global Connected Agriculture Market Will Grow USD 5.84 by 2024- An Exclusive Report

Reportocean.com adds “Global Connected Agriculture Market Report 2019 - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024” New Study to its Database

The global connected agriculture market is expected to grow from USD 1.94 billion 2017 to USD 5.84 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 17.08%.

“Increasing need to increase farm yield and reduce labour
is one of the factors largely attributing to the growth of connected agriculture market globally”

The factors attributing to the growth of the market are increasing need to increase farm yield and reduce labour, increase in overall global population captivating shift towards adoption of smart agriculture practices, government initiatives supporting modernizing the agriculture industry, and increasing use of byod devices in connected agriculture. However, some factors such as limited connectivity poses hurdle in the wide penetration, and high cost of deployment may hinder the market growth. The global connected agriculture market is expected to showcase the opportunities such as integration of smac technology in farm operations, and rising adoption of sensors, iot, and advanced farming techniques to enhance the efficiency of farm operations. In the near future, the market may face the possible challenges in the growth due to lack of know-how among farmers about advance technology deployments, and loosely defined standards for data management in the agriculture industry. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global connected agriculture market market.

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On the basis of component, the global connected agriculture market is studied across Services and Solutions.

On the basis of function, the global connected agriculture market is studied across In-Production Planning and Management, Post-Production Planning and Management, and Pre-Production Planning and Management.

On the basis of platform, the global connected agriculture market is studied across Application Enablement, Connectivity Management, and Device Management.

On the basis of service, the global connected agriculture market is studied across Consulting Services, Managed Services, Professional Services, Support & Maintenance, and Training & Education.

On the basis of geography, the global connected agriculture market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).

“AG Leader Technology: The potential growing player for the global connected agriculture market”

The key players profiled in the global connected agriculture market are AG Leader Technology, AT&T, Accenture, Bosch Software Innovations, Cisco, Decisive Farming, Deere & Company, Gamaya, IBM, Iteris, Microsoft, Oracle, SAP, SMAG, Satsure, and Trimble.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global connected agriculture market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global connected agriculture market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global connected agriculture market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global connected agriculture market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global connected agriculture market.

 

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Table of Content

  1. Preface
    1.1. Objectives of the Study
    1.2. Market Segmentation & Coverage
    1.3. Years Considered for the Study
    1.4. Currency & Pricing
    1.5. Stakeholders
    2. Research & Forecasting
    2.1. Research Methodology
    2.1.1. Research Instruments
    2.1.1.1. Secondary Instrument
    2.1.1.2. Primary Instrument
    2.1.2. Research Approaches
    2.1.2.1. Bottom-up Approach
    2.1.2.2. Top-down Approach
    2.1.3. Research Reliability & Validity
    2.1.4. Research Assumptions
    2.1.5. Vendor Inclusion Criteria
    2.2. Forecasting Methodology
    2.2.1. Methodology for Market Estimation & Forecasting
    2.2.2. Significance and Importance of the Market Estimation & Forecasting
    3. Executive Summary
    4. Premium Insight
    4.1. Market Connectivity
    4.2. Market Data Feed
    4.3. Market Vendor Ranking Analysis
    4.4. Market Dynamics
    4.4.1. Drivers
    4.4.1.1. Increasing need to increase farm yield and reduce labour
    4.4.1.2. Increase in overall global population captivating shift towards adoption of smart agriculture practices
    4.4.1.3. Government initiatives supporting modernizing the agriculture industry
    4.4.1.4. Increasing use of BYOD Devices in connected agriculture
    4.4.2. Restraints
    4.4.2.1. Limited connectivity poses hurdle in the wide penetration
    4.4.2.2. High cost of deployment
    4.4.3. Opportunities
    4.4.3.1. Integration of SMAC technology in farm operations
    4.4.3.2. Rising adoption of sensors, IoT, and advanced farming techniques to enhance the efficiency of farm operations
    4.4.4. Challenges
    4.4.4.1. Lack of know-how among farmers about advance technology deployments
    4.4.4.2. Loosely defined standards for data management in the agriculture industry
    4.5. Porter’s Five Forces Analysis
    4.5.1. Threat of New Entrants
    4.5.2. Threat of Substitutes
    4.5.3. Bargaining Power of Customers
    4.5.4. Bargaining Power of Suppliers
    4.5.5. Industry Rivalry
    4.6. Technology Trends
    4.6.1. Autonomous and Robotic Labour
    4.6.2. Driverless Tractors
    4.6.3. Automatic Watering and Irrigation
    4.6.4. Drones for Imaging and Planting

Continued…

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Posted by on Thursday March 21 2019, 9:45 AM EDT. All trademarks acknowledged. Filed under Agriculture, Food & Beverage. Comments and Trackbacks closed. Follow responses: RSS 2.0

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