The growing digitization and technological advancement in modern agriculture are transforming the farming industry. The farming industry has been effectively utilizing the power that big data is bringing to operations. Software and algorithm are being created to pull essential data. This data is helping farmers to improve farm profitability, increase farm sustainability, and enhance yield.
MARKET DYNAMICS
The increase in productivity rate is driving the growth of the digital agriculture market. However, the limited awareness towards digital farming may restrain the growth of the digital agriculture market. Furthermore, the growing concern towards crop health is anticipated to create market opportunities for the digital agriculture market during the forecast period.
MARKET SCOPE
The "Global Digital Agriculture Market Analysis To 2028" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The digital agriculture market report aims to provide an overview of the digital agriculture market with detailed market segmentation by platform, solution, application, and geography. The global digital agriculture market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading digital agriculture market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global digital agriculture market is segmented on the basis of platform, solution, application. Based on platform, the digital agriculture market is segmented into: crop monitoring and precision farming. On the basis of solution, the digital agriculture market is segmented into: hardware, software, and services. Based on application, the digital agriculture market is segmented into: field mapping, crop management, soil monitoring, farm inventory management, weather tracking and forecasting, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global digital agriculture market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The digital agriculture market by each region is later sub-segmented by respective countries and segments. The digital agriculture market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the digital agriculture market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis highlighting factors affecting the digital agriculture market in these regions.
MARKET PLAYERS
The reports cover key developments in the digital agriculture market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from digital agriculture market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the digital agriculture market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the digital agriculture market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- AGCO Corporation
- AgEagle Aerial Systems Inc.
- Bayer AG
- CNH Industrial America LLC
- Deere and Company
- Gamaya SA
- Hummingbird Technologies Limited
- International Business Machines Corporation
- Microsoft Corporation
- Small Robot Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.