IoT in Agriculture Market: Overview
The Global IoT in
Agriculture market is expected to grow at a significant rate, during the
forecast period 2019-2025. IoT in Agriculture is the application of modern ICT
into agriculture. In this, a system is built for monitoring the crop field with
the help of sensors (light, humidity, temperature, soil moisture, etc.) and
automating the irrigation system. It provides great benefits including more
efficient water usage or optimization of inputs and treatments. Increasing
demand for higher crop yield coupled with the growing penetration of
information and communication technology (ICT) in farming is a major key for
the growth of global IoT in Agriculture Market in the forecast period.
The rise in global
population and increase in demand for food across the globe are vital factors
that are demand for Technology which will fuel the global IoT in Agriculture
market in the upcoming period. In addition, changing weather patterns across
the globe by reason of mounting global warming have impelled the adoption of
advanced farming technologies to enhance farm productivity and crop yield are
other factors estimated to accelerate the growth of the market in the upcoming
years. Moreover, the augmentation in the application of IOT in agriculture to
providing various information about their agriculture field by monitoring
environmental factors to improve the yield from efficient crops will accelerate
to the growth of the IoT in Agriculture market in the upcoming years.
Additionally, the upsurge
in smartphone users and internet penetration among farmers boosts their
awareness about the latest developments in the agriculture market will propel
the growth of the IoT in the Agriculture market in the forecast period.
in Agriculture Market System Analysis
On the basis of System,
the IoT in Agriculture market has been categorized into Automation and Control
Systems, Sensing and Monitoring Devices, Livestock Monitoring Hardware, Fish
Farming Hardware, Smart Greenhouse Hardware, and Software. Software segment
will lead the market on account of it consists of numerous tools to control
hardware like yield monitors, soil sensors, water sensors, climate sensors
which are used in a wide range of precision farming, smart greenhouse farming,
and fish farming application.
Sensing and Monitoring
Devices is driven by sensors and GPS devices which play a vital role in
measuring various yield parameters that reduce the coinciding of equipment and
tractor pass, thus saving fuel, labor, time, and soil compaction.
in Agriculture Market Application Analysis
Based on Application, the
IoT in Agriculture market has been classified into Precision farming, Livestock
Monitoring, Smart Greenhouse, and Fish Farm Monitoring. Precision farming will
dominate the market due to its application for enabling IoT, for positioning
systems, remote sensing, guidance system, and variable rate technology by
farmers to optimizing its production and efficiency. Livestock monitoring
market will influence by the growing application of IoT system technology in
agriculture for detection of livestock location and health.
regional analysis of IoT in Agriculture Market
On the basis of region,
the IoT in Agriculture Market has been bifurcated into North America, Europe,
Asia Pacific, Middle East & Africa, and Latin America. North America
dominates the global IoT in Agriculture market over the forecast period owing
to early adoption of IoT in agriculture sectors in these regions coupled with
farmers utilizing these systems for farming systems and equipment such as
steering and guidance systems, sensors, display devices, and farm management
Asia Pacific region will be the fastest growing market owing to augmentation in
population coupled with an increase in food demand.
objective of the Study:
To analyze and forecast the market size of
the global IoT in Agriculture Market, in terms of value.
To examine the careful market segmentation
and forecast the market size, in terms value, on the basis of the region by
segmenting IoT in Agriculture market into five regions, namely, North America,
Europe, Asia Pacific, Middle East, and their leading countries.
To outline, categorized and forecast the
Global IoT in Agriculture market on the basis of System and Application.
To examine competitive developments like
technological advancement, services, and regulative framework within the global
IoT in Agriculture Market.
To highlight the impact analysis of the
factors, affecting the market dynamics such as drivers, restraints,
opportunities, and challenges.
To strategically profile the key players
and comprehensively analyze their market shares along with detailing the
competitive landscape for market leaders.
IoT in Agriculture Market Competitive Landscape
Companies such as Cisco
Systems, Inc., International Business Management Corporation (IBM), Telit,
Hitachi, Ltd, Decisive Farming, Trimble Inc., OnFarm Systems Inc., Farmers Edge
Inc., SlantRange, Inc., Deere & Company, AG Leader Technology, Precision
Planting and The Climate Corporation are the key players in the global IoT in
Market research and consulting firms
Global IoT in Agriculture service providers
Research organizations and consulting
Global IoT in Agriculture distributors
Organizations, associations, and alliances
related to IoT in Agriculture.
of the Report
Automation and Control Systems
Sensing and Monitoring Devices
Livestock Monitoring Hardware
Fish Farming Hardware
Smart Greenhouse Hardware
Fish Farm Monitoring
addition, the report provides an analysis of the IoT in Agriculture Market with
respect to the following geographic segments:
Rest of Europe
Asia Pacific (APAC)
Rest of Asia Pacific
Rest of Latin America
Rest of Middle-East
Questions answered by the report
How will the market drivers, restraints and
opportunities affect the market dynamics?
What will be the market size in terms of
value and volume and market statistics with a detailed classification
Which segment dominates the market or
region and one will be the fastest growing and why?
A comprehensive survey of the competitive
landscape and the market participant players
Analysis of strategy adopted by the key
player and their impact on other players.
Scope for the Client
Client satisfaction is our
first and last priority. And that’s why BlueWeave Consulting offers
customization according to Company’s specific needs. The following
customization options are available for the report:
With five additional company detail
Additional country analysis.
Detailed segment analysis.