Mart Research

Global Smart Agriculture Market valued approximately USD 7 billion in 2017 is anticipated to grow with a healthy growth rate of more than 12.50% over the forecast period 2017-2025

Press Release   •   Aug 31, 2018 04:17 EDT

Global Smart Agriculture Market to reach USD 18 billion by 2025.

Global Smart Agriculture Market valued approximately USD 7 billion in 2017 is anticipated to grow with a healthy growth rate of more than 12.50% over the forecast period 2017-2025. The demand for smart technologies such as Big Data, cloud-based services, GPS, and the IoT is gaining pace in the agriculture industry. Driven by the rising need for high precision crop analysis, automated farming techniques, and collection of data from the field, the world is likely to witness the agriculture industry get smarter with the implementation of technologies in the coming years. Data thus derived from implementing smart technologies can help farmers yield high quality and larger quantity of crops. Besides rising population, which triggers demand for food, the global smart agriculture market is expected to gain from favorable government initiatives. However, the journey is likely to be more difficult in underdeveloped economy where the agriculture sector is reeling under lack of knowledge among farmers. The high cost of smart devices is making the matter worse. Nevertheless, in the coming years the market is likely to gain from the rising penetration of high-speed internet even in remote areas.

Request a sample of Global Smart Agriculture market research report @ https://martresearch.com/contact/request-sample/12/1557

The regional analysis of Global Smart Agriculture Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. the dominance was with the smart agriculture market in North America, which held over 44.14% of the overall market in 2016. Extensive researches funded by governments across the region to minimize human involvement and boost crop yield has fueled the demand for smart agriculture technologies in North America. Europe emerged as the second-leading and is expected to continue exhibiting lucrative market opportunities. In the U.K. especially the market is forecast to witness accelerated pace of gains as the government make huge investments in the research and development of robust technologies. Besides this, rate of growth in Italy is predicted to remain high through the forecast period. During the same time, the Asia Pacific smart agriculture market is forecast to rise at an influential rate. Countries such as Japan, China, and Australia will strong agriculture sector are expected to emerge at the fore of the regional market. China held the leading share in the Asia Pacific smart agriculture market. However, in the forthcoming years Japan is expected to showcase more attractive opportunities for the market.

The industry seems to be fairly competitive. Some of the leading market players include: Deere & Company, Trimble, Agco, Agjunction, Raven Industries, Delavai, AG Leader Technology., Teejet Technology, Topcon Positioning System, Geosys, Dairy Master and so on. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

The detailed segments and sub-segment of the market are explained below:

By Offering:

  • Hardware
  • Software
  • Services

By Agriculture Type:

  • Precision Monitoring
  • Livestock Monitoring
  • Smart Greenhouse
  • Fish Farm Monitoring

By Application:

  • Precision Farming Application
  • Livestock Monitoring Application
  • Fish Farming Application
  • Smart Green House Application

Browse the full Global Smart Agriculture market research report @ https://martresearch.com/market-analysis/global-smart-agriculture-market-size-study,-by-offering-(hardware,-software,-services),-by-agriculture-type-(precision-monitoring,-livestock-monitoring,-smart-greenhouse,-fish-farm-monitoring),-and-by/12/1557

By Regions:

  • North America
  • U.S.
  • Canada
  • Europe
  • UK
  • Germany
  • Asia Pacific
  • China
  • India
  • Japan
  • Latin America
  • Brazil
  • Mexico
  • Rest of the World

Some of the points from Global Smart Agriculture Market Research Report are

Chapter 1. Global Smart Agriculture Market Definition and Scope

Chapter 2. Research Methodology

Chapter 3. Executive Summary

Chapter 4. Global Smart Agriculture Market Dynamics

Chapter 5. Global Smart Agriculture Market, By Offering

Chapter 6. Global Smart Agriculture Market, By Agriculture Type

Chapter 7. Global Smart Agriculture Market, By Application

Chapter 8. Global Smart Agriculture Market, by Regional Analysis

Chapter 9. Competitive Intelligence

Make an enquiry before buying Global Smart Agriculture market research report @ https://martresearch.com/contact/enquiry/12/1557

About us:

Research is and will always be the key to success and growth for any industry. Most organizations invest a major chunk of their resources viz. time, money and manpower in research to achieve new breakthroughs in their businesses. The outcome might not always be as expected thereby arising the need for precise, factual and high-quality data backing your research. This is where MART RESEARCH steps in and caters its expertise in the domain of market research reports to industries across varied sectors.

Contact Us:

Name: Morris Beck

Email: sales@martresearch.com

Organization: Mart Research

Address: 5708 Copper Creek Court Charlotte North Carolina 28227, USA

Phone: +1-857-300-1122

Website: https://martresearch.com

We, at MART RESEARCH value your time the most as we believe that time saved is directly proportional to profits earned. Before launching ourselves into this service, we did an extensive survey to understand the challenges clients face while gaining access to authentic data reports.