Internet of Things (IoT) Agriculture Market was valued at USD 11.5 Billion in 2021, and it is expected to reach USD 23.4 Billion by 2029, exhibiting a CAGR of 9.29 % during the forecast period (2022-2029)
Internet of Things (IoT) Agriculture Market Overview:
The purpose of this study is to provide a thorough examination of the Internet of Things (IoT) Agriculture market by component, application, industry, and geography. The study goes into great detail on the primary factors influencing the Internet of Things (IoT) Agriculture market’s growth. The study also offers a comprehensive analysis of the market’s value chain.
Market Scope:
The research method used to assess and anticipate the Internet of Things (IoT) Agriculture market begins with secondary research using sources that collect revenue data from key suppliers. When calculating market segmentation, the vendor offerings are also considered. Using the bottom-up method, the whole size of the Internet of Things (IoT) Agriculture market was calculated using the revenue of significant enterprises.
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Segmentation:
Data on prominent competitors’ revenues were first collected as part of the research technique used to estimate and forecast the Internet of Things (IoT) Agriculture Market. Various secondary sources, such as industry groups, white papers, and journals, were used to estimate the size of the global markets for each area. To define the market segmentation, key players’ offerings were also taken into account. The Internet of Things (IoT) Agriculture adoption rate and pricing by key players were taken into account as part of the bottom-up approach to determine the market’s overall size. These findings were then confirmed through primary research by conducting in-depth interviews with important industry figures, including vice presidents (VPs), directors, and related executives in the market. For the purpose of completing the entire market engineering process and determining the correct
Key Players:
The major players covered in the Internet of Things (IoT) Agriculture market report are
• Deere & Company
• Trimble, Inc.
• Leica Geosystems
• Raven Industries
• AG Junction, Inc.
• Agco Corporation
• Precision Planting Inc.
• The Climate Corporation
• DeLaval
• GEA Farm Technology
• Lely
• Antelliq
• AG Leader Technology
• Tigercat
• Ponsse
• Komatsu Forest AB
• DICKEY-john Corporation
• Hitachi, Ltd
• Telit
• Decisive Farming
• OnFarm Systems Inc.
• Farmers Edge Inc.
• SlantRange, Inc.
• SmartCultiva Corporation
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Regional Analysis:
Global, North America, Europe, Asia-Pacific, the Middle East, and Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.
COVID-19 Impact Analysis on Internet of Things (IoT) Agriculture Market:
Aerospace and defence, agriculture, automobiles, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among other industries, have all been affected by the COVID-19 epidemic. COVID-19 has had an impact on the Internet of Things (IoT) Agriculture market in general, as well as the growth rate in 2019-2020, as the impact of COVID-19 spreads. Our most recent inquiry, opinions, and bits of knowledge on administration are critical to the businesses and associations in the Internet of Things (IoT) Agriculture industry, which is driving through the COVID-19 emergency to handle risk digitising jobs in order to convey trusted data and experiences to the CEOs.
Key Questions Answered in the Internet of Things (IoT) Agriculture Market Report are:
- Which segment grabbed the largest share in the Internet of Things (IoT) Agriculture market?
- How was the competitive scenario of the Internet of Things (IoT) Agriculture market in 2020?
- Which are the key factors responsible for the Internet of Things (IoT) Agriculture market growth?
- Which region held the maximum share in the Internet of Things (IoT) Agriculture market in 2020?
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