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Discover the latest global projections and trends shaping the future of the smart agriculture market from 2024 to 2031.
The Smart Agriculture Market size was valued at $ 16.1 Bn in 2023 and is expected to grow to $ 33.6 Bn By 2031 and grow at a CAGR of 9.6 % From 2024-2031.
Market Scope & Overview:
The market report includes a market size analysis as well as information on market drivers, constraints, and opportunities. The Smart Agriculture market research also depicts the competitive landscape of the industry's leading rivals, as well as the percentage market share of the top organizations. The market research provides detailed information that will assist readers in understanding the current state of the industry.
Primary and secondary research, as well as private databases and a paid data source, were used in the study. The market research report examines the Smart Agriculture market in the past as well as the future. The market research report provides an in-depth examination of the primary techniques used by leading industry players to advance their businesses in the global market while maintaining a competitive advantage over their competitors.
Market Segmentation Analysis:
For the report's segmentation, market estimates and forecasts will be provided at the regional and country levels. Market estimates and forecasts will aid in determining the most profitable and notable regions in the Smart Agriculture business. Estimates of revenue growth are provided at the global, regional, and country levels, as well as an assessment of current industry trends in each sub-segment.
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Key Market Segmentation:
By Application:
-Precision farming application
-Livestock monitoring application
-Smart greenhouse application
-Others
By offering:
-Hardware
-software
By Farm Size:
-Small Farms
-Medium Farms
-Large Farms
By Agriculture Type:
-Precision farming
-Livestock monitoring
-Smart greenhouse
-Others
COVID-19 Pandemic Impact Analysis:
The impact of COVID-19 on the market is assessed at both the global and country levels in this Smart Agriculture market report. The supply and demand sides of the market are heavily influenced by the COVID-19 pandemic and the post-pandemic period, according to this study.
Regional Outlook:
The report's accurate data will assist market participants in making informed decisions about regional expansions and investments. The research paper examines the dynamics of the Smart Agriculture market in relation to global market conditions.
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Key Players:
The major players are Grownetics, Inc., Gamaya,DICKEY-john, AgEagle Aerial Systems Inc., Deere & Company, CropMetrics LLC, Argus Control Systems Ltd, AGCO Corporation, Ag Leader Technology, CropZilla, Inc., Autonomous Solutions, Inc., BouMatic Robotic B.V., CLAAS KGaA mbH, DroneDeploy, Farmers Edge, Inc., AgJunction, Inc., DeLaval Inc, Granular, Inc., Trimble Inc., GEA Group Aktiengesellschaft, Raven Industries, Inc., and others.
Competitive Analysis:
The information in this section will help readers understand the primary strategies used by leading market players to control the global Smart Agriculture market. A PORTER, SVOR, and PESTEL analysis, as well as an examination of the potential impact of microeconomic market variables, are included in the Research study. External and internal factors that are expected to have a positive or negative impact on the company have been investigated, providing decision-makers with a clear picture of the industry's future.
Key Questions Answered in the Smart Agriculture Market Report:
-What is the estimated growth rate, market share, and market size for the forecast period?
-Who are the dominant players in the market, and how have they gained a competitive -advantage over their rivals?
-Which region is projected to emerge as the major revenue generating market in the coming years?
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Conclusion:
The estimations and estimates in the Smart Agriculture market research report assess the impact of various political, social, and economic factors, as well as current market conditions, on market growth. All of this vital information will help the reader gain a better understanding of the market.