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Connected Agriculture Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

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Connected Agriculture Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

Connected Agriculture Market Outlook 2028: Global Opportunity and Demand Analysis, Market Forecast, 2019-2028

  • Published Date: 30 Dec 2019
  • Report ID: Agri 002
  • Pages:164
  • Base Year: 2019
  • Format: PDF
  • Historical Data: 2016-2019

Connected Agriculture Market is anticipated to rise at a value CAGR of 18.18% over 2019-028. According to a study published by Insure Insights on Connected Agriculture Market. Connected Agriculture is generally the use of advanced technological solutions so as to improve, enhance and thus manage, and control the farming activities. Connected Agriculture has improved access to financial solutions. This technology helps to connect with buyers, sellers, distributors, etc.  The rise in population growth and the increase in demand for crops have driven the market growth.

Top Driver: Water Management Program by Farmers have driven the market growth

Proper irrigation activities and a rise in the concern regarding water loss is driving the Market of Connected Agriculture. Water management done using (IoT), mobile applications, and big data analytics have driven market growth. IoT networks are used to collect information regarding water usage, air humidity, and soil moisture have enhanced market growth. Various technological advances use of mobile phones, and new wireless technologies in various agricultural operations have further driven the market growth.

Solution Segment Have Dominated the growth in the Connected Agriculture Market

Based on the Component segment, Solution segment have obtained the highest growth, remote monitoring technologies in Connected Agriculture helps in improving the yield of the crops., it has also helped to in improving the production output and thus have enhanced the overall growth and thus also have improved the quality of the crops. It also helps in the financial transactions of the farmers. The IoT solutions also help in keeping track of health-related issues.

   

In terms of the Platform Device Management, has obtained the most significant growth as it assist organizations in managing, tracking, sustaining and securing, abundant devices that are used in connected agriculture deployment

In terms of the Application segment, In-production planning and management has obtained the highest growth as it helps in water and irrigation management, crop scouting, production monitoring, maintenance, animal tracking, navigation, agriculture finance, and insurance management.

Due to the Presence of Key players North America Rule the Regional Market

The majority of key players like IBM, Microsoft, AT&T, Deere & Company, etc. are expected to drive the market growth of the region.  North America has the presence of a large number of connected agriculture vendors, and a reduction in prices of agricultural equipment is enhancing the regional market growth. The technological advancements in the connected agriculture market are further escalating the growth in North America. The adaptation of this technology and the adoption of digitalization by Farmers and traders in the region for connected agriculture are boosting the regional growth. The farms are well-equipped farming equipment and the use of  advanced technologies, such as IoT, AI big data, data analytics are driving the Connect Agriculture Market in the region and has driven further regional growth.

Collaborations, Mergers, and Acquisition are the major strategies of the competitors in the Market

The Players of the Global Connected Agriculture Market is fragmented.  Mergers, Partnerships, Acquisitions are the major strategies used by the competitors. The key competitors of the Global Connected Agriculture Market are IBM, Microsoft, AT&T, Deere & Company, SAP SE, Accenture Cisco, Trimble, SMAG Ag Leader Technology and Decisive Farming

IBM: IBM is a giant competitor of the Connected Agriculture Market; for instance, in the year 2018, IBM had announced the acquisition of outstanding common shares of Red Hat, The deal for the aquistion was done for USD 34 billion. The acquisition was made by IBM  to Becoming World no 1 Hybrid Cloud Provider.

Microsoft: Microsoft is popular in the Connected Agriculture Market . In June 2018, Microsoft had announced the acquisition of  open-sourced software platform GitHub. This acquisition was made by Microsoft for USD 7.5billion. Microsoft had made this acquisition to strengthen its product portfolio.

Accenture: Accenture is one of the Key competitor in the Market.            Services (AWS) cloud services company, Accenture had made this acquisition to strengthen its product portfolio

Scope of the Report

By Component

  • Solution
  • Services

By Platform

  • Device Management
  • Connectivity Management
  • Application Enablement

By Application

  • Pre-Production Planning and Management
  • Post-Production Planning and Management
  • In-Production Planning and Management

By Region

  • North America
  • Europe
  • Asia Pacific
  • LAMEA

Key Reasons to Purchase this Report

  1. It provides a technological development map over time to understand the growth rate of the industry.
  2. The report offers a dynamic method to various factors that drive or restrain the growth of the Market.
  3. It renders definite analysis for changing competitive dynamics.
  4. It builds a seven-year estimate based on how the Market is predicted to grow.

Table of Content

Chapter 1           Overview And Scope

1.1             Market Vision

1.1.1          Market Definition

1.1.2          Market Scope

1.2             Market Segmentation

Chapter 2           Our Research Practice

2.1             Our Research Methodology

2.2             Data Triangulation

2.3             Data Sources

2.4             Assumptions for the study

2.5             Approach Adopted

Chapter 3           Executive Summary

3.1             Market Snapshot

3.2             Regional Snapshot

3.3             Segment Summary

Chapter 4           Covid-19 Impact Analysis

4.1             Overview

4.2             Prevalence analysis

4.3             Key Factor Impact Analysis

Chapter 5           Global Connected Agriculture Market Forces

5.1             What’s Driving the Market

5.2             Porter’s Five Forces Analysis

5.2.1          Power of Suppliers

5.2.2          Threats From New Entrants

5.2.3          Power of Buyer

5.2.4          Threat From Substitute Product

5.2.5          Degree of Competition

Chapter 6           Global Connected Agriculture Market -Industry Snapshots

6.1             Overview

6.1.1          Global Connected Agriculture Market Value, 2019 – 2028, (US$ Bn)

6.2             Market Overview

6.2.1          Drivers Analysis

6.2.2          Restraint/Challenges analysis

6.2.3          Opportunity Analysis

6.3             Supply Chain/Value Chain Analysis

6.4             Market SWOT Analysis

Chapter 7           Global Connected Agriculture Market Analysis, by Component

7.1             Overview

7.2             Key Findings for Connected Agriculture Market- By Component

7.2.1          Connected Agriculture Market- Solution

7.2.2          Connected Agriculture Market- Services

Chapter 8           Global Connected Agriculture Market Analysis, by Platform

8.1             Overview

8.2             Key Findings for Connected Agriculture Market- By Platform

8.2.1          Connected Agriculture Market- Device Management

8.2.2          Connected Agriculture Market- Connectivity Management

8.2.3          Connected Agriculture Market- Application Enablement

Chapter 9           Global Connected Agriculture Market Analysis, by Application

9.1             Overview

9.2             Key Findings for Connected Agriculture Market- By Application

9.2.1          Connected Agriculture Market- Pre-Production Planning and Management

9.2.2          Connected Agriculture Market- Post-Production Planning and Management

9.2.3          Connected Agriculture Market- In-Production Planning and Management

Chapter 10       Connected Agriculture Market Analysis by Region

10.1           Key Findings for Connected Agriculture Market- By region

10.2           Overview

10.2.1       Global Connected Agriculture Market Analysis, By Component, 2019 – 2028

10.2.2       Global Connected Agriculture Market Analysis, By Platform, 2019 – 2028

10.2.3       Global Connected Agriculture Market Analysis, By Application, 2019 – 2028

10.3           Connected Agriculture Market – North America

10.3.1       Overview

10.3.2       U.S.

10.3.3       Canada

10.3.4       Mexico

10.3.5       North America Market, By Component

10.3.6       North America Market, By Platform

10.3.7       North America Market, By Application

10.4           Connected Agriculture Market – Europe

10.4.1       Overview

10.4.2       Germany

10.4.3       United Kingdom

10.4.4       France

10.4.5       Italy

10.4.6       Rest Of Europe

10.4.7       Europe Market, By Component

10.4.8       Europe Market, By Platform

10.4.9       Europe market by, Application

10.5           Connected Agriculture Market – Asia Pacific

10.5.1       Overview

10.5.2       China

10.5.3       Japan

10.5.4       India

10.5.5       Rest of APAC

10.5.6       Asia Pacific Market, By Component

10.5.7       Asia Pacific Market, By Platform

10.5.8       Asia Pacific Market, By Application

10.6           Connected Agriculture Market – LAMEA

10.6.1       Overview

10.6.2       Middle East & Africa (MEA)

10.6.3       Latin America

10.6.4       Rest Of World

10.6.5       Latin America, Middle East and Africa Market, By Component

10.6.6       Latin America, Middle East and Africa Market, By Platform

10.6.7       Latin America, Middle East and Africa Market, By Application

Chapter 11       Market Competition Analysis

11.1           Market Share/Positioning Analysis

11.1.1       Market Positioning of Key Vendors, 2019

11.1.2       Key Strategies Adopted by the Leading Players

11.1.3       Recent Developments

Chapter 12       Company Profiles- Snapshot

12.1           IBM

12.1.1       Business Fundamentals

12.1.2       Financial Snapshots

12.1.3       Product Portfolio

12.1.4       Recent Developments

12.2           Microsoft

12.3           AT&T

12.4           Deere & Company

12.5           SAP SE

12.6           Accenture

12.7           Cisco

12.8           Trimble

12.9           SMAG Ag Leader Technology

12.10        Decisive Farming

*More than 10 Companies are profiled in this Research Report*

*Financials would be provided on a best efforts basis for private companies”

Chapter 13       Appendix

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