Agricultural IoT Market
USD Analytics’ just released “Agricultural IoT Market” intelligence report covers a micro-level study of key market niches, product offerings, and sales channels. The Agriculture IoT market offers a dynamic perspective to determine the market size, potential, growth trends, and competitive landscape. The study used primary and secondary data sources with both qualitative and quantitative depth. Key companies profiled in the study include AG Leader, AGCO Corporation Holdings (AGCO), AgJunction Incorporated, Antelliq Technologies LLC, Deere International and Company, DeLaval Global, GEA Farm Technology Holdings Inc, Komatsu Forest AB International, Lely Agricultural Solutions Inc, Ponsse Global Inc, Raven Industries International Inc, Tigercat Industries Inc, Trimble Holdings Inc, and others.
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The agricultural IoT market is projected to grow at a CAGR of 13.1% over the forecast period 2024-2032.
Overview of the Agricultural IoT Market
The agriculture IoT (Internet of Things) market is witnessing significant growth, driven by the increasing adoption of smart agricultural technologies aimed at improving productivity and sustainability. IoT in agriculture uses connected devices and sensors to monitor and manage various aspects of farming, including soil health, crop growth, livestock management, and resource use. These technologies enable accurate data collection and real-time monitoring, leading to informed decision-making and optimized farming practices. The market is driven by advancements in sensor technology, cloud computing, and data analytics, which are increasing the capabilities and affordability of IoT solutions for farmers. Additionally, the growing global demand for food coupled with the need for efficient water and nutrient management is driving the adoption of IoT in agriculture. Government initiatives and investments in smart farming practices are further fueling the market growth. As the agriculture industry continues to embrace digital transformation, the agriculture IoT market is poised for sustained expansion driven by technological innovations and the pursuit of improved efficiency and sustainability in farm operations.
Agriculture IoT Market Size, Share, Trends, Growth Outlook, and Opportunities to 2032 – Market segments include Services (System Integration & Consulting, Managed Services, Connectivity Services, Assistance Professional Services, Maintenance & Support), Agriculture (Precision Agriculture, Precision Forestry, Livestock Monitoring, Fish Farm Monitoring, Smart Greenhouses, Others), Components (Hardware, Software, Services), Applications (Precision Agriculture, Precision Forestry, Livestock Monitoring, Fish Farm Monitoring, Smart Greenhouses, Others) and Key Players.
To provide a thorough analysis of the industry, the report has collected data from more than 22 jurisdictions or countries across Europe, North America, South America, Asia Pacific, and Middle East and Africa.
Geographically, the global edition of the report includes the following countries:
• North America [United States, Canada, and Mexico]
• Europe [Germany, the UK, France, Italy, Netherlands, Belgium, Denmark, Spain, Sweden, and the Rest of Europe]
• Asia Pacific [China, Japan, South Korea, India, Australia, Indonesia, and Others]
• south america [Brazil, Argentina, Colombia, and the Rest of South America]
• Middle East and Africa (South Africa, Turkey, Israel, GCC countries, Rest of Africa)
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The primary objective of the study is to determine which market niches or countries companies and investors should focus on in the future to allocate resources and efforts towards agricultural IoT for optimal growth and profitability.Growth is expected to slow significantly in 2024, and given the dynamically changing macroeconomic and regulatory environment, key markets in North America and Western Europe will require “significant efforts” to address these trends.
Distribution channels have always been important in the agricultural IoT industry due to the “push” nature of many products in this sector. To strengthen customer relationships, companies have been refining their distribution models. As the internet becomes more widely used and consumers start to value convenience, digital purchasing in agricultural IoT is growing in popularity.
In addition, the years covered in the study are:
Historic Years – 2018-2023
Base year – 2023
Forecast period** – 2024 to 2032 [** unless otherwise stated]
Access the Agriculture IoT Market Report now: To purchase the latest report, please visit: https://www.usdanalytics.com/payment/report-17564
Key highlights of the TOC:
Chapter 1 Agriculture IoT Market Industry Overview
1.1.1 Overview
1.1 Agricultural IoT Industry
1.1.2 Major Company Products
1.2 Market Segment by Agricultural IoT
1.2.1 Industry Chain
1.2.2 Customer behavior and distribution channels
Chapter 2: Global Demand for Agriculture IoT
2.1 Segment Overview
2.2 Agriculture IoT market size (2018-2023) by application/end user
2.3 Agriculture IoT Market Application/End-user Forecast (2024E-2032)
Chapter 3 Agriculture IoT Market by Type
3.1 By type
3.2 Agriculture IoT market size by type (2018-2023)
3.3 Agriculture IoT Market Forecast (by Type) (2024-2032)
Chapter 4 Agriculture IoT Market by Region and Country
4.1 Agriculture IoT Market by Region
4.2 Agriculture IoT Market Revenue and Share by Region
4.3 North America
4.4 Europe
4.5 Asia Pacific
4.6 South America
4.7 Middle East and Africa
Chapter 5 Player Analysis
5.1 Market Share Analysis of Players (2023)
5.2 Regional Market Concentration Ratio
5.3 Company Profile
……….continuation
To see the executive summary and complete table of contents, please visit https://www.usdanalytics.com/industry-reports/agriculture-iot-market.
Thanks for reading this article. You can also get separate chapter-wise or region-wise report versions such as North America, Middle East and Africa, Europe, Latin America, Southeast Asia, etc.
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