Driving Forces and Challenges in the Global IoT in Agriculture Market

 The global Internet of Things (IoT) in agriculture market size reached USD 11.20 Billion in 2021 and is expected to register a revenue CAGR of 11.4% during the forecast period, according to latest analysis by Emergen Research. Increasing demand for IoT in agriculture owing to rising collaborations between farming equipment manufacturers and technology companies is driving market revenue growth.

The Global Internet of Things In Agriculture Market Market Research Report added by Emergen Research to its expanding repository is an all-inclusive document containing insightful data about the Internet of Things In Agriculture Market market and its key elements. The report is formulated through extensive primary and secondary research and is curated with an intent to offer the readers and businesses a competitive edge over other players in the industry.

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Effect of COVID-19 on the global market for Internet of Things In Agriculture Market

The COVID-19 pandemic had a significant negative influence on the market for Internet of Things In Agriculture Market in 2020, significantly decreasing its CAGR. In 2020, manufacturers and suppliers of Internet of Things In Agriculture Market were significantly impacted by federal and national safety and legal orders. The majority of businesses have been impacted by the COVID-19 pandemic. Mandates for business closures, restricted municipal and state government office activities, and social conventions of distance had an impact on the production of Internet of Things In Agriculture Market in 2020. Additionally, demand for Internet of Things In Agriculture Market decreased across a range of end-use sectors. The pandemic epidemic also resulted in a decline in global investments in the water sector.

Internet of Things In Agriculture Market market : Competitive Landscape

The prominent players operating in the Internet of Things In Agriculture Market market are profiled in-depth in the report and their strategies, collaborations, and product innovations. The analysis of the key players and their strategies to fortify their presence in the market impart a better understanding of the competitive landscape of the Internet of Things In Agriculture Market market .

AGCO Corporation, Deere & Company, GEA Group Aktiengesellschaft, Trimble Inc., AgJunction Inc., Raven Industries, Inc., DeLaval, CropMetrics, Intervet Inc., and AKVA group

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the Global Internet of Things In Agriculture Market Market Research Report provides forecasts and future market projections, equipping businesses with the necessary tools to plan ahead. The report’s forward-looking approach, backed by data-driven predictions, ensures that companies can navigate the evolving market landscape with confidence. Through a combination of current market analysis and future outlook, the report serves as an invaluable resource for businesses aiming for long-term success.

Based on types, the market is segmented into

  • System Outlook (Revenue, USD Billion; 2019-2030)

    • Automation and Control Systems
    • Sensing and Monitoring Devices
    • Livestock Monitoring Hardware
    • Fish Farming Hardware
    • Smart Greenhouse Hardware
    • Software

  • Application Outlook (Revenue, USD Billion; 2019-2030)

    • Livestock Monitoring
    • Smart Greenhouse
    • Precision Forestry
    • Fish Farm Monitoring
    • Precision Farming
    • Others

  • Regional Outlook (Revenue, USD Billion; 2019–2030)

    • North America
      1. US
      2. Canada
      3. Mexico
    • Europe
      1. Germany
      2. France
      3. UK
      4. Italy
      5. Spain
      6. Benelux
      7. Rest of Europe
    • Asia Pacific
      1. China
      2. India
      3. Japan
      4. South Korea
      5. Rest of APAC
    • Latin America
      1. Brazil
      2. Rest of LATAM
    • Middle East & Africa
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Turkey
      5. Rest of MEA

Regional Outlook :

The growth of the Internet of Things In Agriculture Market Market on a global scale is influenced by region-specific dynamics. North America and Europe lead with technological innovation and solid regulatory environments, though supply chain challenges and compliance issues are present. In the Asia-Pacific region, especially in China and India, rapid urbanization and heightened consumer demand are fueling expansion. Meanwhile, emerging markets in Latin America, the Middle East, and Africa present growth potential, driven by economic reform and investment, yet face significant obstacles in the form of political instability and underdeveloped infrastructure.

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 Autorefractor Market Executive Summary

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About Us:

Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyse consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

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