IoT in Agriculture Market Size, Business Opportunities By Leading Players, Share, Development, Expansion, Merger, Acquis

The increasing global population, coupled with the rising demand for food in the developing countries, are driving the demand of the market.

The Global IoT in Agriculture Market report assesses the market size, share, revenue generation, and regional and global spread of the industry to offer an accurate forecast estimation of the market growth in the forecast period of 2020-2027. The report also examines the competitive scenario along with individual profiling of the companies to project their growth rate in the coming years.

Key Highlights From The Report

  • In October 2019, Raven Industries announced to acquire majority ownership of the DOT autonomous platform. The acquisition will accelerate the development of precision agricultural technology from semi to fully autonomous solutions.
  • Hardware held the largest market share of 48.3% in the year 2019 as it enhances crop productivity and quality.
  • Livestock monitoring is forecasted to grow with the fastest CAGR of 11.3% over the forecast period. It helps the farmers lower labor costs and prevents the spread of diseases among the cattle.
  • The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the growing global population and the increasing requirement for food in the developing countries.
  • Key participants include Agco Corporation, Deere and Company, GEA Group, Trimble Inc., Agjunction, Raven Industries, Antelliq, Delaval, Ponsse, and CropMetrics LLC, among others.

Additionally, the report offers market share data for the global spread of the IoT in Agriculture industry. Key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa are studied to assess the market size, market share, production and consumption patterns, import/export, supply and demand ratio, and revenue contributions. Furthermore, the regions are also studied to understand the operations of the key players located in the region.

Key Regions analyzed in the report include:

  • North America (U.S., Canada)
  • Europe (U.K., Italy, Germany, France, Rest of EU)
  • AsiaPacific (India, Japan, China, South Korea, Australia, Rest of APAC)
  • Latin America (Chile, Brazil, Argentina, Rest of Latin America)
  • Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Overview of the TOC of the Report:

  • Introduction, Scope, and Overview
  • Opportunities, Risks, and Drivers
  • Competition landscape analysis with sales, revenue, and price
  • Extensive Profiling of the key competitors with the sales figures, revenue, and market share
  • Regional analysis with sales, revenue, and market share for each region for the forecast period
  • Country-wise analysis of the IoT in Agriculture market by type, application, and manufacturers
  • Market Segmentation based on types
  • Market segmentation based on applications
  • Historical and forecast estimation and other chapters..

To read more about the report, click @ https://www.emergenresearch.com/industry-report/iot-in-agriculture-market

Thank you for reading our report. Please get in touch with us to know more, and our team will ensure the report is well suited to your needs.


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