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With +8.8% CAGR, IoT Based Agriculture Market Size Will Reach to USD 18.7 Billion by 2026: Facts & Factors

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[219+ Pages Research Study] According to market analysis report revealed by Facts and Factors, the demand evaluation of world Agriculture IoT Market measurement & share income is anticipated to develop from USD 11.9 Billion in 2020 to attain USD 18.7 Billion by 2026, at 8.8% annual CAGR throughout 2021-2026. The prime market corporations profiles included in report with their gross sales, revenues and techniques are Deere & Company, Trimble, Inc., Raven Industries, AKVA Group, Topcon Positioning Systems, Agjunction, Allflex, Ponsse, and Others.

New Jersey, United Kingdom, Nov. 16, 2021 (GLOBE NEWSWIRE) — Facts and Factors have revealed a brand new analysis report titled “Agriculture IoT Market By Farm Size (Large, Mid-Sized, & Small Farms), By Planning Stage (Pre-Production Planning, Production Planning, & Post-Production Planning), By Application (Precision Farming, Precision Livestock, Precision Aquaculture, Precision Forestry, Precision Greenhouses, & Others), And By Regions – Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026” in its analysis database

“According to the latest research study, the demand of global Agriculture IoT Market size & share expected to reach to USD 18.7 Billion by 2026 from USD 11.9 Billion in 2020, at a compound annual growth rate (CAGR) of 8.8% during the forecast period 2021 to 2026”

What is IoT farming?? Report Overview & Coverage:

IoT is usually described because the interconnectivity measures which are typically employed so as to join a wider vary of equally functioning units by technique of the web so as to enhance productiveness and efficiency-based measures. IoT-based agricultural merchandise have the added functionality to combine farming tools for a wide range of capabilities that embody growing operational effectivity, maximizing yields, and minimizing wastage of vitality. Furthermore, they supply real-time knowledge analytics for yield and wastage of crops based mostly on present deployment means and provide developments of management platforms.

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Our Free Sample Report Includes:

  • 2020 Updated Report Introduction, Overview, and In-depth trade evaluation

  • COVID-19 Pandemic Outbreak Impact Analysis Included

  • 219+ Pages Research Report (Inclusion of Updated Research)

  • Provide Chapter-wise steering on Request

  • 2020 Updated Regional Analysis with Graphical Representation of Size, Share & Trends

  • Includes Updated List of tables & figures

  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis

  • Facts and Factors analysis methodology

(Note: The pattern of this report is up to date with COVID-19 affect evaluation earlier than supply)

Industry Major Market Players

Key questions answered on this report:

  • What is the projected market measurement & development price of the Agriculture IoT Market?

  • What are the important thing driving elements for the expansion of the Agriculture IoT Market?

  • What are the highest corporations operative in Agriculture IoT Market?

  • What segments are lined in Agriculture IoT Market?

  • How can I get free pattern reviews/firm profiles of the Agriculture IoT Market?

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Market Growth Drivers

The world agriculture IoT market is anticipated to be occupied by a wide range of contributing elements that attribute to the mixing of IoT-based options and AI instruments by farmers and growers coupled with an elevated give attention to livestock monitoring and early illness detection to title a couple of. Additionally, the rising focus of elevated manufacturing for recent produce and growing inhabitants is anticipated to enhance the expansion of the worldwide agriculture IoT market to a better boundary through the forecast interval. Moreover, the surging adoption of aquaculture monitoring and feed optimization units by cultivators in creating nations and the elevated price of dropping cultivatable land is anticipated to enhance the footprint of the worldwide agriculture IoT market through the forecast interval.

The world agriculture IoT market is anticipated to be pushed by elements corresponding to the mixing of superior applied sciences corresponding to steering methods and variable price expertise, and distant sensing coupled with elevated movement of knowledge inside the sector to title a couple of. Additionally, elements related to elevated revenue margins with rigorously applied agricultural IoT farming methods coupled with rising calls for for minimizing cultivating sources are anticipated to gasoline the expansion of the worldwide agriculture IoT market through the forecast interval. However, elevated price of implementation, low shopper consciousness, and lack of a talented workforce are anticipated to lower the market share for the worldwide agriculture IoT market through the forecast interval.

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Global Agriculture IoT Market: Report Scope

Report Attribute

Details

Market Size 2020 Value

USD 11.9 Billion

Market Forecast for 2026

USD 18.7 Billion

Expected CAGR Growth

CAGR 8.8% from 2021-2026

Base Year

2020

Forecast Year

2021-2026

Top Market Players

Deere & Company, Trimble, Inc., Raven Industries, AKVA Group, Topcon Positioning Systems, Agjunction, Allflex, Ponsse, and Others

Segments Covered

Farm Size, Planning Stage, Applications, and Region

Geographies Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

Pricing Options

Request custom-made buy choices to meet your analysis wants. Explore buy choices

Market Segmentation

On the premise of farm measurement, the worldwide agriculture IoT market is split into massive, mid-sized, and small farms. The phase pertaining to small farms is anticipated to witness the quickest rising CAGR through the introduction of the forecast owing to a better chance of small farms adopting automation and different superior applied sciences owing to diminished tools prices coupled with elevated funding returns to title a couple of. On the premise of the starting stage, the worldwide agriculture IoT market could be damaged down into pre-production planning, manufacturing planning, and post-production planning. The post-planning stage phase is anticipated to witness the best CAGR development through the introduction of the forecast owing to the rising adoption of agricultural IoT tools between small and medium-sized farms coupled with an growing variety of logistical challenges to title a couple of. On the premise of utility, the worldwide agriculture IoT market is fragmented into precision farming, precision livestock, precision aquaculture, precision forestry, precision greenhouses, and others. The phase pertaining to precision aquaculture is anticipated to witness the biggest market share through the introduction of the forecast owing to the rising demand for real-time monitoring of fish-based motion coupled with rising authorities IT help to title a couple of.

Browse Detail Report on, Global Agriculture IoT Market Research Report, 2021-2026

Also Read, Research Report on Smart Agriculture Market, 2021-2026

Regional Dominance:

Asia-Pacific is anticipated to witness the quickest rising CAGR and the biggest market share through the introduction of the forecast owing to the presence of rising economies extremely depending on agricultural prowess coupled with growing populous areas corresponding to India and China to title a couple of. Additionally, the rising availability of arable land coupled with elevated help of presidency insurance policies geared toward making agriculture the point of interest is additional anticipated to enhance the footprint of the agriculture IoT market through the forecast interval. Moreover, the mixing of distant sensing expertise and satellite tv for pc imaging measures is anticipated to gasoline the expansion of the agriculture IoT market through the forecast interval. Increased penetration of smartphones amongst farmers within the area coupled with rising connectivity measures are anticipated to enhance the buyer base for the agriculture IoT market through the forecast interval.

Browse the total report “Agriculture IoT Market By Farm Size (Large, Mid-Sized, & Small Farms), By Planning Stage (Pre-Production Planning, Production Planning, & Post-Production Planning), By Application (Precision Farming, Precision Livestock, Precision Aquaculture, Precision Forestry, Precision Greenhouses, & Others), And By Regions ¬ Global & Regional Industry Perspective, Comprehensive Analysis, and Forecast 2021 – 2026” at https://www.fnfresearch.com/global-agriculture-iot-market-by-offering-software-services

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The world Agriculture IoT Market is segmented as follows:

Global Agriculture IoT Market: By Farm Size Segment Analysis

  • Large

  • Mid-Sized

  • Small Farms

Global Agriculture IoT Market: By Planning Stage Segment Analysis

  • Pre-Production Planning

  • Production Planning

  • Post-Production Planning

Global Agriculture IoT Market: By Application Segment Analysis

  • Precision Farming

  • Precision Livestock

  • Precision Aquaculture

  • Precision Forestry

  • Precision Greenhouses

  • Others

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