Global Smart Agriculture Market Analysis
According to Planet Market Reports, The Global smart agriculture market was valued at USD 7.09 Billion in 2018 and is projected to reach USD 17.50 Billion by 2026, growing at a CAGR of 11.89% from 2019 to 2026.
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The latest survey on Global Smart Agriculture Market is conducted covering various organizations of the industry from different geographies to come up with a 100+ page report. The study is a perfect mix of qualitative and quantitative information highlighting key market developments, challenges that industry and competition are facing along with gap analysis and new opportunity available and trend in the Smart Agriculture Market. The report bridges the historical data from 2013 to 2018 and forecasted till 2026. The report aims to present the analysis of Global Smart Agriculture Market By Service, By End-Use, By Region – North America, Europe, South America, Asia-Pacific, Middle East, and Africa. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment evaluation. Besides, the report also identifies and analyses the emerging trends along with major drivers, challenges and opportunities.
What Is Smart Agriculture?
Smart agriculture is the modern concept of agriculture or farming management using modern agricultural, communication, and information technologies to increase the quality and quantity of the agricultural products. Concept of smart agriculture is applied using technologies viz. GPS, soil scanning, data management, agricultural information system, access to the new equipment, animal nutrition, advanced fertilizers, unnamed aerial vehicles, IoTs in agriculture, etc.
Global Smart Agriculture Market Outlook
In the report, the market outlook section mainly encompasses fundamental dynamics of the market which include drivers, restraints, opportunities and challenges faced by the industry. Drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market.
Planet Market Reports narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The “Global Smart Agriculture Market” is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.
Global Smart Agriculture Market Competitive Landscape
The “Global Smart Agriculture Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as AG Leader Technology, AGCO, AgJunction, Deere & Company, DeLaval, GEA Group, Precision Planting, Raven Industries, SST Development Group, and Teejet Technologies. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share and market ranking analysis of the above-mentioned players globally.
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