Market Overview:
The global connected agriculture market is expected to grow at a CAGR of 10.8% from 2018 to 2030. The growth of the market can be attributed to the increasing demand for food due to the growing population and rising income levels in developing countries. In addition, the increasing adoption of advanced technologies in agriculture is also contributing to the growth of this market. The global connected agriculture market can be segmented by type, application, and region. By type, the market can be divided into network management and smart water management. By application, it can be classified into farm planning & management and agricultural finance. Region-wise, it can be segregated into North America, Latin America, Europe Asia Pacific (APAC), and Middle East & Africa (MEA).
Product Definition:
Connected Agriculture is the application of digital technologies to agriculture with the goal of improving productivity, sustainability, and food security. Connected Agriculture can include things like precision farming, data analytics, the internet of things (IoT), and machine learning. The importance of Connected Agriculture is that it can help farmers become more productive while also reducing environmental impacts.
Network Management:
Network management is the set of techniques and protocols used to remotely monitor, configure, operate and maintain a computer network. It provides information about the status of networks to operators or administrators through various devices including web-based portals. Network management solutions help in optimizing performance, enhancing security & reliability along with reducing operational costs by providing proactive solutions for network issues. The key application areas served by network management include enterprises, cloud service providers and residential customers among others.
Smart Water Management:
Smart water management is the use of data and information technology to improve the efficiency of water resources. It helps in reducing wastage of water, enhancing resource conservation, and improving decision making for efficient utilization of limited resources. Smart irrigation systems are one such example where real-time data on soil moisture conditions, plant evapotranspiration rates, and crop needs is collected from sensors placed in fields which help farmers take necessary actions to ensure sustainability.
Application Insights:
The farm planning & management segment dominated the global connected agriculture market in 2017. It is expected to witness significant growth over the forecast period owing to increasing demand for technologically advanced solutions that help farmers manage crops and livestock, improve soil quality, conserve water resources and enhance overall productivity. The use of IoT technology in agricultural applications has enabled farmers to collect data from a field or farm and use it to make meaningful decisions about crop management. This has led to improved yield which is further anticipated to drive the segment growth over the coming years.
Agricultural finance was another prominent application of IoT technology in 2017 as many companies are adopting innovative technologies such as big data analytics, cloud computing, social networks etc., for providing better financial services by using smart devices such as smartphones and tablets that have internet connectivity.
Regional Analysis:
North America dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period, with a notable increase in demand for network management solutions and smart water management applications. This can be attributed to increasing investments by governments and technology providers for developing robust IoT infrastructure across North American agriculture industry.
Asia Pacific is anticipated to witness significant growth over the next eight years owing to rising adoption of IoT technologies across various agricultural sectors such as dairy farms, orchards, vineyards, etc., especially in China and India. Additionally, favorable government initiatives aimed at creating awareness among farmers regarding advanced technologies are also expected drive regional growth during the forecast period.
Growth Factors:
- Increasing demand for food due to population growth
- Rising income levels of consumers in developing countries
- Urbanization and the consequent shift in dietary patterns towards processed and packaged foods
- Proliferation of smartphones and other digital technologies, making it easier for farmers to connect with buyers and get real-time information on prices, weather conditions, etc.
- Government policies encouraging the adoption of precision agriculture techniques
Scope Of The Report
Report Attributes
Report Details
Report Title
Connected Agriculture Market Research Report
By Type
Network Management, Smart Water Management
By Application
Farm Planning & Management, Agricultural Finance
By Companies
Geographic Revenue Mix, Cisco Systems, IBM, Parametric Technology Corporation, SAP SE, Trimble Navigation Ltd., Microsoft, Vodafone Group PLC, Accenture PLC, AT&T, Link Labs LLC
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
190
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Connected Agriculture Market Report Segments:
The global Connected Agriculture market is segmented on the basis of:
Types
Network Management, Smart Water Management
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Farm Planning & Management, Agricultural Finance
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Geographic Revenue Mix
- Cisco Systems
- IBM
- Parametric Technology Corporation
- SAP SE
- Trimble Navigation Ltd.
- Microsoft
- Vodafone Group PLC
- Accenture PLC
- AT&T
- Link Labs LLC
Highlights of The Connected Agriculture Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Network Management
- Smart Water Management
- By Application:
- Farm Planning & Management
- Agricultural Finance
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Connected Agriculture Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Connected Agriculture is a term used to describe an agricultural system in which farmers and ranchers use technology to connect with each other and with consumers. This allows for more efficient production, better communication between farmers and ranchers, and greater access to food for everyone.
Some of the major companies in the connected agriculture market are Geographic Revenue Mix, Cisco Systems, IBM, Parametric Technology Corporation, SAP SE, Trimble Navigation Ltd., Microsoft, Vodafone Group PLC, Accenture PLC, AT&T, Link Labs LLC.
The connected agriculture market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Connected Agriculture Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Connected Agriculture Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Connected Agriculture Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Connected Agriculture Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Connected Agriculture Market Size & Forecast, 2020-2028
4.5.1 Connected Agriculture Market Size and Y-o-Y Growth
4.5.2 Connected Agriculture Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Network Management
5.2.2 Smart Water Management
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Farm Planning & Management
6.2.2 Agricultural Finance
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Connected Agriculture Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Connected Agriculture Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Network Management
9.6.2 Smart Water Management
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Farm Planning & Management
9.10.2 Agricultural Finance
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Network Management
10.6.2 Smart Water Management
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Farm Planning & Management
10.10.2 Agricultural Finance
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Network Management
11.6.2 Smart Water Management
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Farm Planning & Management
11.10.2 Agricultural Finance
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Network Management
12.6.2 Smart Water Management
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Farm Planning & Management
12.10.2 Agricultural Finance
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Network Management
13.6.2 Smart Water Management
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Farm Planning & Management
13.10.2 Agricultural Finance
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Connected Agriculture Market: Competitive Dashboard
14.2 Global Connected Agriculture Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Geographic Revenue Mix
14.3.2 Cisco Systems
14.3.3 IBM
14.3.4 Parametric Technology Corporation
14.3.5 SAP SE
14.3.6 Trimble Navigation Ltd.
14.3.7 Microsoft
14.3.8 Vodafone Group PLC
14.3.9 Accenture PLC
14.3.10 AT&T
14.3.11 Link Labs LLC
