IoT in Agriculture Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The IoT in the agricultural market is to grow at a remarkable CAGR of 14% from 2022 to 2028 due to reduced technology costs as a result of continuous R&D on IoT and efforts from governments around the world. The quality and quantity of agricultural production. Internet of Things (IoT) technology is to play an important role in increasing agricultural productivity today to meet the growing demand for food. IoT in the agricultural industry integrates IoT-based advanced technology tools, systems, equipment and solutions to increase operational efficiency, maximize yield, and minimize energy waste through real-time field data collection, data storage, data analysis and control development platform. A variety of IoT-based applications such as precision agriculture, livestock monitoring, smart greenhouse and farm monitoring are expected to play an important role in speeding up agricultural processes. IoT technology can connect farms through a single platform, share, store and analyze information, making them more intelligent, solving agricultural-based problems and optimizing the quantity and quality of agricultural production.

Company Profile

• Deere & Company (US)
• Trimble (US)
• Raven Industries (US)
• AGCO Corporation (AGCO) (US)
• AgJunction Inc. (AgJunction) (US)
• DeLaval (Sweden)
• GEA Farm Technology (Germany)
• Lely (Netherlands)
• Antelliq (France)

Market Segmentation

By System

• Automation and control systems
• Sensing and monitoring devices
• Livestock monitoring Hardware
• Fish farming hardware
• Smart greenhouse hardware
• Software

By Application

• Precision farming
• Livestock monitoring
• Smart greenhouse
• Fish farm monitoring

Scope of the Report

The research study analyzes the IoT in Agriculture industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by IoT in Agriculture Market Report

1. What was the IoT in Agriculture Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of IoT in Agriculture Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the IoT in Agriculture Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.