1. Market Research
  2. > Agriculture Market Trends
Smart Agriculture Market by Agriculture Type, Hardware, Software, Services, Application And Geography - Global Forecast to 2023

Smart Agriculture Market: Global Forecast until 2023

  • August 2018
  • 195 pages
  • ID: 3607241
In this report:
The global demand for food is increasing by ##% every year; by 2050, there would be a need to produce ##% more food worldwide compared to the current production pattern.
South America comprises countries such as Brazil and Argentina; considering the large-scale farming carried out in these countries, the smart agriculture market in South America is expected to grow at a high CAGR of ##.##% between 2018 and 2023.

Summary

Table of Contents

Search Inside

Smart agriculture market anticipated to grow at a CAGR (Compound annual growth rate) of ~12.4 percent from 2018 to 2023

The smart agriculture market is forecasted to be worth ~$7.5B in 2018 and is projected to extend ~$13.5B by 2023, at a compound annual growth rate (CAGR) of ~12.4 percent between 2018 and 2023. Top factors providing to the increase of the smart agriculture market contain the growing adoption of advanced technologies in different agriculture applications including precision farming, smart green house, livestock monitoring, and fish farm monitoring. Farmers or growers across the world are increasingly adopting advanced farming devices and equipment including steering and guidance technology, sensors, display devices, and farm management software. Main restraints for the smart agriculture market contain high initial investment and the lack of technical knowledge among farmers. Smart agriculture requires important initial investment, efficient farming tools, and skilled labor. Main restraining factors for the increase ot the smart agriculture market contain high initial investments and the lack of technical awareness among growers.

Fish farming applications forecasted to grow at the highest compound annual growth rate (CAGR) during the outlook period

The growing demand for fleet navigation and fish tracking services is the main reason behind the high increase of smart agriculture market in fish farm monitoring.Moreover, as the world population is forecasted to reach 9 billion by 2050, demand for aquaculture products will play a top role in ensuring food and nutrition security as the raised demand for food will challenge fish production in the outlook.

Smart agriculture pertaining to fish farming implies the use of techniques and tools including sensors, GPS, and mobile phones to enhance productivity.The implementation of smart technologies in fish farming helps monitor feeding patterns, detect diseases in fish in advance, control water quality, combat illegal fishing, and so on.

The GPS technology is used in fishing fleets to navigate efficient fishing locations and track fish migration, among others.

Smart agriculture market in Asia-Pacific to grow at a significant rate during 2018-2023

Asia-Pac is one of the prospective sectors for smart agriculture.This area has big farmlands and is witnessing a high population rise rate.

Asia-Pacific also has a huge regional spread, which comprises China (CN), Japan (JP), India (IN), Australia (AU), and South Korea (KR), among others.The smart agriculture market in Asia-Pac is in an early stage of adoption life cycle and is anticipated to grow at a double-digit rate between 2018 and 2023.

In Asia-Pacific, countries specifically India, Australia (AU), China (CN), and Japan (JP) are, presently, witnessing high increase rate and hold a main share of the smart agriculture market in Asia-Pac.

The breakup of primaries conducted during the market research is depicted below:

• By Company category: Tier 1 - 35 %, Tier 2 - 40.0 percent, and Tier 3 -25.0 percent

• By Description: C-suite executives - 57.0 percent, Directors - 29.0 percent, and Others - 14.0 percent

• By Area: Americas- 40.0 percent, EU - 30.0 percent, Asia-Pacific - 20.0 percent, and rest of the world - 10.0 percent

Top players operating in the smart agriculture market are Deere & Organization,, AGCO, AgJunction, Raven Sectors, AG Leader Technology, DeLaval, GEA Group, Precision Planting, SST Development Group, Teejet Technologies, Topcon Positioning Systems, DICKEY-john Corporation, CropMetrics, Agribotix, and The Climate Corporation.

Segment Research

This business report includes the smart agriculture market established on offering, category, application, and area.The smart agriculture market established on offering has been split into hardware, software, and services.

On the basis of class, the smart agriculture market has been divided into precision farming, livestock monitoring, fish farm monitoring, smart greenhouse, and others. On the basis of area, the smart agriculture market has been broken down into the Americas, Europe (EU), Asia-Pac, and RoW.

Key Benefits of Buying This Report

• this business report includes the industry statistics pertaining to offering, application, category, and area, together with their size of market.

• In-depth review of the value chain has been done to furnish exhaustive insight into the smart agriculture market.

• Major drivers, market restraints, opportunities, and alternatives pertaining to the smart agriculture market have been precised in this industry report.

• Illustrative segmentation, study, and estimate for the market based on offering, application, category, and area have been conducted to provide an global view of the smart agriculture market.

• The report includes a thorough analysis and ranking of main actors.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
2018 Future Of Global Smart Agriculture Market to 2025- Growth Opportunities, Competition, And Outlook Of Hardware, Software Smart Agricultural Equipments, Acqua Agri Farming Types Across End User Applications And Regions Report

2018 Future Of Global Smart Agriculture Market to 2025- Growth Opportunities, Competition, And Outlook Of Hardware, Software Smart Agricultural Equipments, Acqua Agri Farming Types Across End User Applications And Regions Report

  • $ 4580
  • September 2018

The global demand for Smart Agriculture is forecast to report strong growth driven by consumption in major emerging markets.More growth opportunities to turn up between 2018 and 2025 compared to a few ...

Comparative SWOT & Strategy Focus - 2018-2023 - Global Top 6 Agriculture Equipment Manufacturers - John Deere, CNH Industrial, AGCO, CLAAS, SDF, Kubota Corporation

Comparative SWOT & Strategy Focus - 2018-2023 - Global Top 6 Agriculture Equipment Manufacturers - John Deere, CNH Industrial, AGCO, CLAAS, SDF, Kubota Corporation

  • $ 2300
  • October 2018

The Global agriculture equipment market is gaining traction & recovering in 2018 marked by steady improvement & recovery in agriculture commodity prices after a period of low commodity prices which impacted ...

The Role of African Start-ups in Driving Smart Agriculture in the Continent, 2018

The Role of African Start-ups in Driving Smart Agriculture in the Continent, 2018

  • $ 3000
  • October 2018

The Focus on Sensors and Satellite Imaging is Central to the Adoption of Smart Farming PracticesThe focus of this study is to identify and highlight African start-ups that drive the uptake of smart farming ...

IoT in Agriculture, Africa, 2017 $ 3000 September 2018


ref:plp2018

Reportlinker.com © Copyright 2018. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on