Latest research on Smart Agriculture/Farming Market

Smart Agriculture/Farming Market Latest Edition Published with Forecast to 2027


The article cited AMA's "Global Smart Agriculture/Farming Market Study" explored CAGR of %. According to the report, Increased Usage of M2M Solution in Agriculture is one of the primary growth factors for the market. Increasing Adoption of Internet of Things (IOT) and Artificial Intelligence (AI) by Farmers In the Agriculture is also expected to contribute significantly to the Smart Agriculture/Farming market. Overall, Water & Fertilizer Management applications of Smart Agriculture/Farming, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Agriculture Type, such as Precision Farming, is boosting the Smart Agriculture/Farming market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Offering , such as Hardware { Precision Farming Hardware, Livestock Monitoring Hardware, Fish Farming Hardware and Smart Greenhouse Hardware}, is boosting the Smart Agriculture/Farming market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Smart Agriculture/Farming market identified that the demand is rising in many different parts of the world as "Introduction of Big Data in Agriculture Farm ". Furthermore, some recent industry insights like "In January 2018, John Deere launched Intelligent Boom Control (IBC) for 1270G harvesters in North America. IBC provides operators with increased accuracy and productivity—bringing harvester capabilities to a whole new level." is constantly making the industry dynamic.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Smart Agriculture/Farming market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Smart Agriculture/Farming market and other related sub-markets covered in the study.

o Key & emerging players in the market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Have a look at detailed Table of Content for Smart Agriculture/Farming Market Study

Data Triangulation
The overall Smart Agriculture/Farming market size is calculated using market estimation process, the Smart Agriculture/Farming market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Smart Agriculture/Farming market size has been validated using both top-down and bottom-up approaches.

Praveen Kumar

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