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Apr 24, 2024
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Connected Agriculture Market is expected to reach US $ 11.42 Bn by 2029, at a CAGR of 17.8% during the forecast period.
Connected Agriculture Market Overview
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Connected Agriculture Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the Connected Agriculture market, with forecasts outspreading to the year 2030.
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Market Dynamics:
The connected agriculture market helps to provide optimum production with minimal resources by using solution and services. Connected agriculture market also helps to avoid the wastage during warehousing and transportation, by dealing with all phases of connected agriculture system. The connected agriculture system is being widely accepted across the regions and is growing rapidly. High cost and limited availability of arable land is a significant impediment for the deployment and implementation of connected agriculture solution are some of the restraining factors that could affect the growth of the market.
Increasing public-private partnership (PPP) projects in the agriculture sector, rising need for food globally and High investments in rural infrastructure projects are some of the major driving factors expected to propel the market around the world. Another important driver increases in the unpredictability of weather on account of environmental problems such as global warming, deforestation, and increasing carbon footprint.
Connected Agriculture Market Scope and Methodology:
The Connected Agriculture Market report provides an in-depth analysis of the market. It provides insight into current and future market trends and provides insight into key regional markets and their growth prospects. The report provides an in-depth assessment of key market drivers and restraints, opportunities and challenges faced by vendors, and the competitive landscape to help stakeholders make the right decisions to maximize their revenues. Competitive analysis also highlights the strengths and weaknesses of major competitors, enabling clients to understand the competitive position of companies operating in the Connected Agriculture market.
The overall Connected Agriculture report focuses on the most important parts such as market segments, market outlook. Segments provide details on various aspects such as end-use industry, product or service types, and any other relevant segmentation as per the current market scenario. It covers various aspects of downstream marketing activities, trends affecting new business development and investment opportunities.
Connected Agriculture Market Segmentation:
by Product
Network Management
Agriculture Asset Management
SCADA Systems for Agriculture
Logistics and Supply Chain Management
Smart Water Management System
Others
by Type
Professional Services
Managed Services
by Application
Device Management
Application Enablement
Connectivity Management
Based on the solution, the network management solution is predicted to maintain its substantial market share during the forecast period, owing to the growing necessity to collect data from sensors in order to minimise losses caused by unpredictable weather conditions. However, the smart water management systems solution is predicted to develop at the fastest CAGR of xx% throughout the forecast period because it actively ensures and monitors the optimal distribution of water to crops by sensing soil moisture and heat conditions. Furthermore, the device may give specific amounts of water based on the type of crop.
Professional services are predicted to have the largest market size throughout the forecast period because they provide comprehensive services using the most up-to-date information, strategies, methods, processes, and skills, tailored to the demands of the farm. They also provide risk assessments, customised implementations, and assistance with deployment and integration using industry-defined best practices. Professional services in linked agriculture practices include consulting on the integration of connected agriculture systems, identifying important implementation areas, and lastly offering maintenance and support to the entire connected system.
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Table of Content: Connected Agriculture Market
Part 01: Executive Summary
Part 02: Scope of the Connected Agriculture Market Report
Part 03: Global Connected Agriculture Market Landscape
Part 04: Global Connected Agriculture Market Sizing
Part 05: Global Connected Agriculture Market Segmentation by Type
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
Connected Agriculture Market Key Players:
• Cisco Systems, Inc.
• IBM Corporation
• PTC, Inc.
• SAP SE
• Trimble Navigation Ltd.
• Vodafone PLC
• Accenture Plc
• Microsoft Corporation
• AT&T, Inc.
• Link Labs LLC
• AG Leader Technology
• Orange Business Services
• Epicor Software Corporation
• SAGE
• Syspro Technologies
• Raven Industries, Inc.
• AGCO Corporation
• Decisive Farming
• Deere & Company
• Oracle
• Iteris, Inc.
• SMAG
• GAMAYA
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Connected Agriculture Market Regional Insights:
The report measure the situation of the Connected Agriculture market in various countries such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Connected Agriculture The market is classified into defined regions, which facilitates a holistic understanding of the market landscape and the ever-evolving forces in each specific geographic region.
Key questions answered in the Connected Agriculture Market are:
What is Connected Agriculture?
What was the Connected Agriculture market size in 2023?
What is the CAGR at which the Connected Agriculture market will grow during the forecast period?
What are the different segments of the Connected Agriculture Market?
Which is the fastest growing region in the Connected Agriculturemarket?
What growth strategies are the players considering to increase their presence in Connected Agriculture?
What are the upcoming opportunities and trends for the Connected Agriculture Market?
Who are the leading companies and what are their portfolios in Connected Agriculture Market?
What segments are covered in the Connected Agriculture Market?
What is growth rate of the the Connected Agriculture Market?
Who are the key players in the Connected Agriculture market?
Which are the factors expected to drive the Connected Agriculture market growth?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Connected Agriculture Market?
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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