The newly added Connected Agriculture market research report by Value Market Research disclose all the important information associated with the market such as value, growth factor, trends, market share, size, and challenges for the forecasted timeline 2020-2028. Further, this report also highlights smart strategy adopted by major players and also their market share. Basically, this report is designed to give a proper understanding of industry structure and competition intensity attractiveness.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Connected Agriculture market include IBM, Microsoft, AT & T, SAP, and Accenture. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
Digitalization and automation is a growing trend across all sector, and agriculture is no exception. Growing need to increase farm yield and reduce labour is driving the growth of the market. At present, the global population is estimated to be 7.8 Billion which is projected to reach 9.7 billion by 2050. Population growth of this magnitude brings a lot of challenges. This has brought a lot of interest to technology. Application of advanced technology will boost the productivity thereby meeting future demands. Currently, most impending technologies are autonomous robots, drones or UAVs, and sensors and the Internet of Things (IoT). These technologies will change the picture of the agriculture industry and the way farming is done. However, high capital investment to establish an infrastructure and lack of awareness among farmers about connected agriculture are some factors restraining the growth of the market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of Connected Agriculture.
Browse Global Connected Agriculture Market Research Report with detailed TOC at https://www.valuemarketresearch.com/report/connected-agriculture-market
Market Segmentation
The entire Connected Agriculture market has been sub-categorized into type, application, component, and platform. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Type
· Solution
· Platforms
· Services
By Application
· Pre-Production Planning and Management
· In-Production Planning and Management
· Post-Production Planning and Management
By Component
· Solution
· Platforms
· Services
By Platform
· Device Management
· Application Management
· Connectivity Management
Regional Analysis
This section covers regional segmentation which accentuates on current and future demand for Connected Agriculture market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
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Connected Agriculture Market HighlightsConnected agriculture uses the mobile communications to enables the farmers to provide vital information such as weather forecasting, crop failure, best quality of seeds, soil moisture and quality, tools, and techniques, and offers greater accessibility of financial payments.
Increasing demand for the mobile-based solutions and rising number of telecom service providers are expected to drive the connected agriculture market over the forecast period.
Furthermore, advancement of technology such as the merging of the Internet of things with agriculture is presumed to be an opportunity for the connected agriculture market over the forecast period.According to Market Research Future Analysis, connected agriculture market has been valued at ~USD 3 billion at 17% of CAGR during the forecast period, 2017-2023.Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/5218Key PlayersMarket Research Future (MRFR) identifies the following companies as the key in connected agriculture Market are AG Leader Technology (U.S), Microsoft Corporation (U.S), IBM Corporation (U.S), Cisco Systems Inc (U.S), AT (U.S), Accenture PLC (Ireland), SAP A.G (Germany), Orange Business Services (France), Epicor Software Corporation (U.S).
Vodafone Group PLC (U.K), SAGE (U.K), Syspro Technologies (U.S), Raven Industries, Inc (U.S), AGCO Corporation (U.S).
Regional analysisGeographically, electronic article surveillance market has been bifurcated into North-America, Europe, Asia-Pacific Latin-America, and Middle-East & Africa.The North American region is expected to lead the globally connected agriculture market over the forecast period due to advanced network infrastructure and the presence big IT firms such as Microsoft Corporation, Cisco System Inc, which are investing heavily on the research and developments for the connected agriculture to evolve enhanced agricultural techniques for the farmers.
The U.S. and Canada are the leading countries in the North American region.
The report "Connected Agriculture Market by Component (Solution, Platforms, and Services), Application (Pre-Production Planning and Management, In-Production Planning and Management, and Post-Production Planning and Management), and Region - Global Forecast to 2023", The connected agriculture market is expected to grow from USD 1.8 billion in 2018 to USD 4.3 billion by 2023, at a CAGR of 19.3% during the forecast period.
Need to increase farm yield and reduce labor cost, and rising government initiatives for modernizing the agriculture industry are some of the major factors driving the growth of the connected agriculture market globally.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=469728The pre-production planning and management segment is expected to hold a larger market size in the global connected agriculture market during the forecast periodInefficiencies in planting, weather uncertainty, pests and disease outbreaks, rising labor costs, and other intangible problems have put farmers in a situation where they are desperately looking out for solutions backed up with emerging technologies.
Pre-production planning and management involve the use of connected agriculture solution to analyze and correlate information about field, crop, types of seeds, types of soil or infestations, weather, and manage variations in the field to grow more crops using fewer resources with less production cost.
Hence, the pre-production planning and management segment is expected to hold the largest market size during the forecast period.The services segment is expected to grow at the fastest CAGR during the forecast periodConnected agriculture services is gaining popularity worldwide owing to its extensive benefits in increasing farm productivity.
Connected agriculture services have a wide scope of usage, ranging from feasibility analysis, strategy and implementation, and valuations and development of farm, to crop selection and weather monitoring.
This has created opportunities for vendors to provide services to farmers and help them improve their limited knowledge by fulfilling a technological gap.North America is estimated to have the largest market size during the forecast periodNorth America is estimated to account for the highest share of the market in 2018.
