The Smart Agriculture Market report explores and analyses the essential factors of market depending on present industry situations, market needs, business strategies and the growth condition. This report isolates the Smart Agriculture Market capacity, production, market share, price, revenue, cost, growth rate etc. The report provides Point to Point information of the market on a Global scale supported by the previous and present size market forecast situation within the form of graphs, charts, figures and tables.
Smart agriculture market is expected to grow US$ 30.01 billion by 2025 from US$ 11.30 billion in 2016.
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Global smart agriculture market has been categorized by Product type majorly into three categories; hardware, software and services. The hardware segment further comprises of sensors based monitoring system, smart detection systems, GPS enabled ranging system and drones. Whereas the services segment comprises of supply chain management, climate information and other (System Integration, Maintenance and Consulting Service). The software and services market is expected to witness highest growth rates, whereas the hardware segment is expected to grow at a moderate growth rate.
The overall Smart agriculture market size has been derived using both primary and secondary source. The Smart agriculture market research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Smart agriculture market.
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Along with the rising trend of globalization, the people are getting more educated regarding healthy diet and thus the food and beverages industry is experiencing a sturdy shift in the food consumption pattern. More number of people today, have started including non – vegetarian food produces, which is subsequently leading to rising demand for efficient production of livestock.
Key trend which will predominantly effect the market in coming year is upcoming technological advancement in this field. It is predicted that the upcoming technological advancements in this industry would enable the farmers to regulate the requirements of a crop at any explicit location and instant in a way that will be increasingly accurate, and from a distance. The companies that survive in the ecosystem would be on account of innovations and to support the development and adoption of smart agriculture techniques. The future technological advancement in the smart agriculture is expected to ease out the lengthy procedures involved in crop production and also support in making the supply chain of this market more effective. The needs and wants of customer increase each passing day and to meet such rapidly increasing demands, it has become very important to adopt technologies that provide better result in less time and cost.
5 Global Smart Agriculture Market - Key Industry Dynamics
5.1 Key Market Drivers
5.1.1 Burgeoning global population
5.1.2 Rising concern regarding food security and climate change
5.1.3 Declining Soil Productivity
5.2 Key Market Restraints
5.2.1 Lack of awareness among the farmers
5.2.2 Exorbitant products and services
5.2.3 Inadequate IT infrastructure facilities
5.3 Key Market Opporunities
5.3.1 Government initiatives and investments
5.3.2 Rising penetration of internet and Expansion of Smartphone
5.4 Future Trends
5.4.1 Technological advancements in the near future
5.4.2 Predicting the weather to take the guesswork out of farming
5.4.3 Increasing farm productivity through unexpected data partnerships
5.5 Impact Analysis of Drivers and Restraints
List of Tables
Table 1: Global Smart Agriculture Market Revenue and Forecasts to 2025 (US$ Mn)
Table 2: North America Smart Agriculture Market Revenue and Forecasts to 2025 - By Product Type (US$ Mn)
Table 3: North America Smart Agriculture Market Revenue and Forecasts to 2025 - By Hardware Product Type (US$ Mn)
Table 4: North America Smart Agriculture Market Revenue and Forecasts to 2025 - By Service Product Type (US$ Mn)
Table 5: North America Smart Agriculture Market Revenue and Forecasts to 2025 - By Application (US$ Mn) 96
Table 6: Europe Smart agriculture Market Revenue and Forecasts to 2025 - By Product Type (US$ Mn)
Table 7: Europe Smart Agriculture Market Revenue and Forecasts to 2025 - By Hardware Product Type (US$ Mn)
Table 8: Europe Smart Agriculture Market Revenue and Forecasts to 2025 - By Service Product Type (US$ Mn)
Table 9: Europe Smart Agriculture Market Revenue and Forecasts to 2025 - By Application (US$ Mn)
Table 10: Asia Pacific Smart Agriculture Market Revenue and Forecasts to 2025 - By Product Type (US$ Mn)
Table 11: Asia Pacific Smart Agriculture Market Revenue and Forecasts to 2025 - By Hardware Product Type (US$ Mn)
Table 12: Asia Pacific Smart Agriculture Market Revenue and Forecasts to 2025 - By Service - Product Type (US$ Mn)
Table 13: Asia Pacific Smart Agriculture Market Revenue and Forecasts to 2025 - By Application (US$ Mn)
Table 14: Middle East & Africa Smart Agriculture Market Revenue and Forecasts to 2025 - By Product Type (US$ Mn) 132
Table 15: Middle East & Africa Smart Agriculture Market Revenue and Forecasts to 2025 - By Hardware Product Type (US$ Mn)
Table 16: Middle East & Africa Smart Agriculture Market Revenue and Forecasts to 2025 - By Service Product Type (US$ Mn)
Table 17: Middle East & Africa Smart Agriculture Market Revenue and Forecasts to 2025 - By Application (US$ Mn)
Table 18: South America Smart Agriculture Market Revenue and Forecasts to 2025 - By Product Type (US$ Mn)
Table 19: South America Smart Agriculture Market Revenue and Forecasts to 2025 - By Hardware Product Type (US$ Mn)
Table 20: South America Smart Agriculture Market Revenue and Forecasts to 2025 - By Services Product Type (US$ Mn)
Table 21: South America Smart Agriculture Market Revenue and Forecasts to 2025 - By Application (US$ Mn) 148
Table 22: Glossary of Terms, Smart Agriculture Market
List of Figures
Figure 1: Smart Agriculture, Global Revenue (US$ Mn), 2016 & 2025
Figure 2: APAC Smart Agriculture Market, Global Revenue (US$ Mn), 2016 & 2025
Figure 3: Smart Agriculture Market Segmentation
Figure 4: Smart Agriculture Market Segmentation
Figure 5: Smart Agriculture Market Segmentation
Figure 6: North America PEST Analysis
Figure 7: Europe PEST Analysis
Figure 8: APAC PEST Analysis
Figure 9: MEA PEST Analysis
Figure 10: SAM PEST Analysis
Figure 11: Smart Agriculture Market Impact Analysis of Driver and Restraints
Figure 12: Global Market Revenue and Forecasts to 2025 (US$ Bn)
Figure 13: Global Smart Agriculture Market Breakdown By Product Type, 2016 & 2025 (%)
Figure 14: Hardware Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 15: Global Smart Agriculture Market Breakdown By Hardware, 2016 & 2025 (%)
Figure 16: Global Sensor Based Monitoring System Market Revenue and Forecasts to 2025 (US$ Mn) 52
Figure 17: Global Smart Detection System Market Revenue and Forecasts to 2025 (US$ Mn) 53
Figure 18: Global GPS Enabled Ranging System Market Revenue and Forecasts to 2025 (US$ Mn) 55
Figure 19: Global Drones Market Revenue and Forecasts to 2025 (US$ Mn) 57
Figure 20: Software Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 21: Services Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 22: Global Smart Agriculture Market Breakdown By Services, 2016 & 2025 (%)
Figure 23: Global Climate Information Market Revenue and Forecasts to 2025 (US$ Mn) 63
Figure 24: Global Supply Chain Management Market Revenue and Forecasts to 2025 (US$ Mn) 65
Figure 25: Global Others Market Revenue and Forecasts to 2025 (US$ Mn) 66
Figure 26: Global Smart Agriculture Market Breakdown By Application, 2016 & 2025 (%) 67
Figure 27: Global Precision Farming Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 28: Global Livestock Monitoring Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 29: Global Yield Monitoring Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 30: Global Soil Health Monitoring Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 31: Global Irrigation System Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 32: Global Variable Rate Technology Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 33: Global Asset Management Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 34: Global Smart Greenhouse Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 35: Global Others Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 36: Smart Agriculture Market, Global Breakdown by Regions, 2016 & 2025 (%)
Figure 37: North America Smart Agriculture Market Revenue and Forecasts to 2025 (US$ Mn)
Figure 38: North America Smart Agriculture Market Breakdown by Key Countries, 2016 & 2025 (%)
Figure 39: US Smart Agriculture Market Revenue and Forecasts to 2025 (US$ Mn) 87
Figure 40: Canada Smart Agriculture Market Revenue and Forecasts to 2025 (US$ Mn)
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