According the report, Involvement of digital technology in farming has positively impacted the efficiency and sustainability of farms. is one of the primary growth factors for the market. Increasing world’s population
is also expected to contribute significantly to the Digital Farming market. Overall, Precision farming
applications of Digital Farming, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Digital Farming market identified that the demand is rising in many different parts of the world as "Advantages of digital farming such as livestock monitoring, precision farming, higher productivity and low investment are providing opportunities for manufacturers to make progress in the digital farming market globally.
" Furthermore, some recent industry insights like "August 2023, BASF launches new xarvio Agro Experts program in Brazil to increase access and use of digital farming technologies.The unique program, called xarvio Agro Experts, gives agronomic consultancies access to existing xarvio solutions that optimize and increase productivity in the field, specifically for soybean, corn, and cotton." 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 Digital Farming market by 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
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 Digital Farming market and other related sub-markets covered in the study.
o Key & emerging players in the Digital Farming market have been observed through secondary research. o The industrys 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.
Data Triangulation The overall Digital Farming market size is calculated using market estimation process, the Digital 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 Digital Farming market size has been validated using both top-down and bottom-up approaches.