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Connected Agriculture Market to 2027- Global Analysis and Forecasts by Component, Solution, Platform and Application

Press release   •   Feb 19, 2019 11:01 IST

Connected Agriculture Market

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global connected agriculture market based on component, solution, application, and platform. It also provides market size and forecast till 2027 for overall connected agriculture market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region. 

Some of The Key Players Influencing The Connected Agriculture Market: Accenture Plc, Ag Leader Technology, Decisive Farming, Epicor Software Corporation, IBM Corporation, Link Labs, Microsoft Corporation, Orange Business Services, Trimble Inc., and Vodafone Group Plc among others.

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Connected agriculture assists the farmers on the tactics to use different methods, tools, pesticides, fertilizer, machinery, and other equipment increase productivity. Use of connected agriculture in farming activities also supports the farmers to increase their income level. With an aim to improve the level of farm yield while reducing labor wages is driving the connected agriculture market in a current scenario.However, due to limited awareness of connected agriculture technology introduced by IT industries for farmers, is one of a restraining factor responsible for creating barriers in the growth of connected agriculture market. Nevertheless, use of the internet for rural development including agriculture is expected to result in a prominent increase in social and economic benefits for the rural people which would nurture the connected agriculture market in the forthcoming period.

The global connected agriculture market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading connected agriculture market players and offers key trends and opportunities in the market.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the market in these regions. Further, the report also includes ecosystem analysis for the connected agriculture market.

Also, key connected agriculture market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.

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