Agriculture IoT Market Forecast and Trends Analysis Research Report 2020-2027

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About Agriculture IoT Market

Internet of Things (IoT) technology is considered important for enhancing the existing agricultural productivity to capture the increasing food demand. IoT technologies can resolve agricultural problems and increase the quantity and quality of agricultural production by linking farms using a single platform and by providing related information. In IoT based smart farming, a system is used to monitor the crop field through sensors including light, temperature, humidity, and to automate the irrigation system.

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The strong demand for agricultural output, growing penetration of internet of things (IoT) & artificial intelligence (AI) technologies among farmers & producers, the growing government support to encourage the adoption of latest agricultural techniques, the rising emphasis on livestock monitoring to improve the efficiency of farming are the major factors responsible for the growth of the agriculture IoT market size. Additionally, the growing penetration of drones in precision farming and the introduction of big data in agriculture farms are further surging the growth of the agriculture IoT market over the forecast period. In precision farming, farmers use different software and hardware devices to collect farm-related data, which in turn, helps them in making improved decisions and improve the productivity of their lands and crops. According to the agriculture IoT market report, the high cost of tools and the lack of technical skills in farmers is likely to restrain the market growth.

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Competitive Landscape

The notable players in the Agriculture IoT market include Agco Corporation, AgJunction, Komatsu Forest, Raven Industries, Inc., Deere & Company, Trimble Inc., DeLaval Inc., GEA Group, Ponsse Oyj and TeeJet Technologies, among others.

Market Segmentation

Agriculture IoT Market by Offering:

• Hardware
  • Precision Farming Hardware
    • Automation and Control Systems
      • Drones/UAVS
      • Irrigation Controllers
      • GPS/GNSS Systems
      • Flow & Application Control Devices
      • Guidance & Steering
      • Handheld Mobile Devices/Handheld Computers
      • Displays
      • Others
    • Sensing & Monitoring Devices
      • Yield Monitors
      • Soil Sensors
      • Water Sensors
      • Climate Sensors
      • Others
  • Precision Forestry Hardware
    • Harvesters & Forwarders
    • UAVS/Drones
    • GPS
    • Cameras
    • RFID and Sensors
    • Variable Rate Controllers
    • Others
  • Livestock Monitoring Hardware
    • RFID Tags & Readers
    • Sensors
    • Control System
    • GPS
    • Others
  • Fish Farm Monitoring Hardware
    • GPS/GNSS
    • Sensors
    • Others
  • Smart Greenhouse Hardware
    • HVAC Systems
    • LED Grow Lights
    • Sensors
  • Others
• Software
  • Local/Web Based
  • Cloud Based
    • Platform as A Service (PaaS)
• Services
  • System Integration and Consulting
  • Managed Services
    • Farm Operation Services
    • Data Services
    • Analytics
  • Connectivity Services
  • Assisted Professional Services
    • Supply Chain Management Services
    • Climate Information Services
    • Others
  • Maintenance and Support

Agriculture IoT Market by Type:

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

Agriculture IoT Market by Application:

• Precision Farming Applications
  • Yield Monitoring
  • Field Mapping
  • Crop Scouting
  • Weather Tracking & Forecasting
  • Irrigation Management
  • Inventory Management
  • Farm Labor Management
  • Financial Management
  • Others
• Precision Forestry Applications
  • Genetics & Nurseries
  •   Silviculture & Fire Management
  • Harvesting Management
  • Inventory & Logistics Management
•  Livestock Monitoring Applications
  • Feeding Management
  • Heat Stress Management
  • Milk Harvesting Management
  • Breeding Management
  • Animal Comfort Management
  • Behaviour Monitoring & Management
  • Others
• Fish Farm Monitoring Applications
  • Fish Tracking and Fleet Navigation
  • Feeding Management
  • Water Quality Management
  • Others
• Smart Greenhouse Applications
  • HVAC Management
  • Yield Monitoring
  • Water and Fertilizer Management
• Other Applications

Agriculture IoT Market by Region:

• North America
  • United States of America
  • Canada

• Asia Pacific
  • China
  • Japan
  • India
  • Rest of APAC

• Europe
  • United Kingdom
  • Germany
  • France
  • Spain
  • Rest of Europe

• RoW
  • Brazil
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of the world (remaining countries of the LAMEA region)

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