IoT Agriculture Market to Grow at 9.29% CAGR, Reaching USD 25.58 Billion by 2030

Internet of Things (IoT) Agriculture Market Overview

The total global market for the “ Internet of Things (IoT) Agriculture Market” was valued at USD in 2023 and is expected to grow at a CAGR of percent over the forecast period to reach USD by 2030. The report analyzed by Maximize Market Research, on the Internet of Things (IoT) Agriculture market, covers an extensive regional analysis and competitive landscape.

The Internet of Things (IoT) Agriculture market is divided into two segments based on deployment: cloud-based and on-premise. It is anticipated that the cloud segment would hold the highest proportion of the worldwide market. The cloud deployment paradigm is the term used to describe hosted applications that are dispersed over the Internet. Benefits of cloud deployment, including increased collaboration, cost savings on infrastructure, and remote access to mission-critical data, are anticipated to propel the cloud segment forward over the projection period. Additionally, the market is anticipated to be driven by organisations’ inclination to adopt alternative business models like Software-as-a-Service (SaaS), which is thought to offer better value for money and a larger choice of features.

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Internet of Things (IoT) Agriculture Market Report Scope and Research Methodology

The report on the Internet of Things (IoT) Agriculture market includes extensive information on market overview, divisions, current situation, trends, opportunities, challenges, supply chain, competition analysis, profiles of Internet of Things (IoT) Agriculture companies, trade data, etc. It offers a thorough analysis of different segments, Key players, 5 main regions, subdivisions of major countries, and occasionally end users, channel, technology, and other customized details prior to placing an order.

The Internet of Things (IoT) Agriculture market is divided based on segment-wise analysis. Regional analysis of the Internet of Things (IoT) Agriculture market conducted at local, regional and global levels. The report also provides information on the emerging regions that are expected to be major markets for the Internet of Things (IoT) Agriculture market. The report includes primary and secondary collection techniques with qualitative and quantitative approaches for the analysis of the Internet of Things (IoT) Agriculture market. SWOT analysis is used to identify the threats and weaknesses of the market while PORTER is used to understand the competitive intensity of the industry in the Internet of Things (IoT) Agriculture Market.

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Internet of Things (IoT) Agriculture Market Regional Insights

Regional analysis is conducted to assess the status of the Internet of Things (IoT) Agriculture market in countries belonging to North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report provides a comprehensive analysis of several factors such as market size, growth rate, and import-export activities, across different regions. The Internet of Things (IoT) Agriculture market is segmented broadly into these regions, allowing for a detailed understanding of the market landscape and dynamics in each geographical area.

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Internet of Things (IoT) Agriculture Market Segmentation :

by System
Automation and control systems
Sensing and monitoring devices
Livestock monitoring Hardware
Fish farming hardware
Smart greenhouse hardware
Software

by Application
Precision farming
Livestock monitoring
Smart greenhouse
Fish farm monitoring

According to estimates, the precision farming application will have more than 35% of the market share overall by 2023. The Internet of Things (IoT) integration in precision imaging for weather, water, and soil monitoring, as well as real-time data collection about the state of the farm and equipment health using drone sensors and controllers, are driving the growth of precision farming’s market share. The goal of precision farming is to evaluate sensor data and take appropriate action. Precision farming uses sensors to gather data, assess it, and help farmers make quick, well-informed decisions. A multitude of precision agricultural techniques, such as vehicle tracking, livestock management, and irrigation management, all play a major role in increasing efficiency and output.

by Farm Type
Large
Mid-Sized
Small Farms

Internet of Things (IoT) Agriculture Market Key Players :

1. Deere & Company
2. Trimble, Inc.
3. Leica Geosystems
4. Raven Industries
5. AG Junction, Inc.
6. Agco Corporation
7. Precision Planting Inc.
8. The Climate Corporation
9. DeLaval
10.GEA Farm Technology
11.Lely
12.Antelliq
13.AG Leader Technology
14.Tigercat
15.Ponsse

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Key questions answered in the Internet of Things (IoT) Agriculture Market are:

What is Internet of Things (IoT) Agriculture?
What was the Internet of Things (IoT) Agriculture market size in ?
What is the growth rate of the Internet of Things (IoT) Agriculture Market?
Which are the factors expected to drive the Internet of Things (IoT) Agriculture market growth?
What are the different segments of the Internet of Things (IoT) Agriculture Market?
What growth strategies are the players considering to increase their presence in Internet of Things (IoT) Agriculture?
What are the upcoming industry applications and trends for the Internet of Things (IoT) Agriculture Market?
What segments are covered in the Internet of Things (IoT) Agriculture Market?
Who are the leading companies and what are their portfolios in Internet of Things (IoT) Agriculture Market?
What segments are covered in the Internet of Things (IoT) Agriculture Market?
Who are the key players in the Internet of Things (IoT) Agriculture market?

Key Offerings:

Past Market Size and Competitive Landscape
Past Pricing and price curve by region
Market Size, Share, Size & Forecast by Different Segment |
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
Recommendations

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