Global Smart Agriculture Market Set To Grow To $23.7bn By 2022

06 August 2018
Cyber

Visiongain’ has launched a new cyber report Global Smart Agriculture Market 2018-2028: Hardware Parts, Software, Services, Sensor Based Monitoring System,
Smart Detection System, GPS Enabled Ranging Systems, Yield Monitoring, Soil Health Monitoring, Irrigation Systems, Asset Management Systems, Smart Greenhouse, Others

Smart agriculture incorporates IoT based technology hardware and software solution to enhance operational efficiency, maximize yield and minimize resource wastage through real-time field data collection, data analysis, and deployment of control mechanism. Several IoT based agricultural applications such as precision farming, livestock monitoring, yield monitoring, soil health monitoring, irrigation, asset management and greenhouse among others are important to enhance the overall agricultural process. IoT based solutions can address agricultural issues and assist in increasing overall quality and quantity of agricultural production, making farming more intelligible and more connected.

The lead analyst of this report commented “Though penetration of smart technology in the agriculture sector is expected to bring positive changes to the industry, the key concern for the companies providing these facilities is education for the farmers regarding the benefits of implementing and adopting the intelligent agriculture solutions.
Moreover, the high cost of adopting such smart solutions is a serious challenge for farmers in developing countries such as China, Brazil, India and major parts of the sub Saharan Africa. The initial setup of smart agriculture technology requires significant capitalization. In developing and underdeveloped provinces, deployment of IoT ecosystem in farmlands is challenging owing to the lack of capital and cultural restriction.”

Leading companies featured in the report include Ag Leader Technology, Inc., AGCO Coporation, AgJunction, Inc., Deere & Company, Raven Industries, Inc., Trimble, Inc.
SemiosBio Technologies Inc., SST Software, Teejet Technologies, Topcon Positioning Group

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongainglobal.com or call her on +44 (0) 207 336 6100

About visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

Recent News

“Cyber Security market worth $118 billion in 2019” says Visiongain report

One of the biggest trends in cyber security right now is an increase of mainstream awareness among organisations of all sizes when it comes to protecting their information.

23 July 2019

Read

“Sensors for the IoT market is valued at $7.5bn in 2019” says new Visiongain report

Various emerging countries across the world are looking to develop a space-based capability, within a limited budget, and are doing so by investing in the development, manufacturing, and launching of small spacecrafts.

19 July 2019

Read

“Increasing electronic penetration in automotive and aerospace is propelling the growth of microcontroller” says Visiongain report

Microcontroller is an electronic device that is used to control other hardware components of any device.

16 July 2019

Read

“The Artificial Intelligence in Cyber Security market is valued at US$4.94bn in 2019” says Visiongain report

Chatbots are gaining significance as they understand the need of the user and provide a specific set of responses for which they are trained. They are also poised to disrupt various industries, such as retail, and banking and insurance, and are personified through artificial intelligence.

12 April 2019

Read

Kelloggs
3m
Thales
Shell
TEVA
Lockheed-Martin
Pfizer
Raytheon
Halliburton
Du-Pont
Honeywell
Daimler
BASF
Bayer
BP
BAE-Systems
Unilever