Connected Agriculture Market Recent Study Including Growth Factors CAGR of 18.7%

Posted by nileshdbmr on April 6th, 2021

Global connected agriculture market is estimated to rise 2026, registering a healthy CAGR of 18.7% in the forecast period of 2019-2026. Connected agriculture is an advanced farming solution which resolves many issues with the help of advanced technology such as mobile technology, sensors, satellite imagery, GPS and big data analytics.

Giant players are making farming smart by investing in cloud-based software in order to analyse various variables including sunlight, climate, nitrogen, soil moisture and pests. Latest technologies and developments would enhance the growth of connected agriculture.

Get Free Sample Copy of Report Here: @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-connected-agriculture-market

Major Market Competitors/Players

Few of the major competitors currently working in the global connected agriculture market are Cisco Systems, Inc., Decisive Farming, IBM Corporation, PTC, SAP SE, Trimble Inc., Microsoft, Vodafone Group, Accenture, AT&T Intellectual Property, LINK LABS, Orange Business Services, SYSPRO, Epicor Software Corporation, Deere & Company, Oracle, Iteris, Inc., SMAG, Ag Leader Technology, GAMAYA  and others.

Segmentation: Global Connected Agriculture Market

•          By Component (Solution, Platforms, Services)
•          By Application (Pre-Production Planning and Management, In-Production Planning and Management, Post-Production Planning and Management)
•          By Geography (North America, South America, Europe, Asia-Pacific and Middle East & Africa)

Competitive Analysis

Global connected agriculture market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of connected agriculture market for Global, Europe, North America, Asia Pacific, South America and Middle East and Africa.

Market Drivers:

•          An increase in the farm yield and reduced dependency on labour is enhancing its market growth
•          Initiatives taken by the government to improve the agriculture sector would boost the market
•          Advancement in technology drives the market growth
•          Increase in unpredictability of weather acts as a driver for this market