Internet of Things (IoT) Agriculture Market Revenue, Growth, Developments, Size, Share and Forecast 2029

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Internet of Things (IoT) Agriculture Market was valued at USD 11.5 Billion in 2021, and it is expected to reach USD 23.4 Billion by 2029, exhibiting a CAGR of 9.29 % during the forecast period (2022-2029)

Internet of Things (IoT) Agriculture Market Overview

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Internet of Things (IoT) Agriculture Market Report Scope and Research Methodology

Maximize Market Research’s Internet of Things (IoT) Agriculture market report offers a detailed analysis of segments and sub-segments, aiding clients in understanding the market structure and facilitating investment planning. The report also provides a region-wise assessment of Internet of Things (IoT) Agriculture market size and dynamics. Key players in the Internet of Things (IoT) Agriculture industry are analysed through a SWOT analysis, highlighting their strengths, weaknesses, opportunities, and threats. Secondary data from sources like annual reports, articles, and databases complemented the research, while the bottom-up approach determined the regional and global Internet of Things (IoT) Agriculture market size.

Internet of Things (IoT) Agriculture  Market Dynamics 

Even as the effects of climate change make maintaining sustainable food security increasingly challenging, the world's population and food consumption are expanding at an alarming rate. In a world that will increasingly struggle with food shortages, using IoT technologies to sustainably grow food faster is essential. On the other hand, considerable amounts of arable farmland have suffered over the past few years as a result of climate change.

Similar to AI and blockchain technology, IoT is a big invention that is dramatically changing how food is currently produced. IoT uses the Internet to create a network connecting intelligent devices, allowing for precise monitoring. IoT in agriculture uses sensors and processors in fields, vineyards, orchards, and barns to monitor changes in the agricultural environment. Farmers must change to minimise damage.

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Internet of Things (IoT) Agriculture Market Regional Insights

The report’s Regional Analysis provides valuable insights into the potential of the Internet of Things (IoT) Agriculture market across various countries. It encompasses all factors influencing the regional Internet of Things (IoT) Agriculture market, with a comprehensive explanation of market size, growth rate, and import-export dynamics in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. These details aid in formulating targeted Internet of Things (IoT) Agriculture market strategies that are tailored to specific countries and regions, ensuring suitability and effective applicability.

Internet of Things (IoT) Agriculture Market Segmentation



Internet of Things (IoT) Agriculture Market  by System

• Automation and control systems
• Sensing and monitoring devices
• Livestock monitoring Hardware
• Fish farming hardware
• Smart greenhouse hardware
• Software


Internet of Things (IoT) Agriculture Market  by Application

• Precision farming
• Livestock monitoring
• Smart greenhouse
• Fish farm monitoring


Internet of Things (IoT) Agriculture Market  byFarm Type

• Large
• Mid-Sized
• Small Farms

Internet of Things (IoT) Agriculture Market Key Players

• Deere Company
• Trimble, Inc.
• Leica Geosystems
• Raven Industries
• AG Junction, Inc.
• Agco Corporation
• Precision Planting Inc.
• The Climate Corporation
• DeLaval
• GEA Farm Technology
• Lely
• Antelliq
• AG Leader Technology
• Tigercat
• Ponsse
• Komatsu Forest AB
• DICKEY-john Corporation
• Hitachi, Ltd
• Telit
• Decisive Farming
• OnFarm Systems Inc.
• Farmers Edge Inc.
• SlantRange, Inc.
• SmartCultiva Corporation





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Key questions answered in Internet of Things (IoT) Agriculture Market are:

  • What was the Internet of Things (IoT) Agriculture market size in 2022?
  • What is the expected Internet of Things (IoT) Agriculture market size by 2029?
  • What is the growth rate of the Internet of Things (IoT) Agriculture Market?
  • Which are the factors expected to drive the Internet of Things (IoT) Agriculture market growth?
  • Which segment dominated the Internet of Things (IoT) Agriculture market growth?

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region 
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis 
  • PORTER’s analysis 
  • Value chain and supply chain analysis 
  • Legal Aspects of business by region
  • Lucrative business opportunities with SWOT analysis 
  • Recommendations 

About Maximize Market Research:

Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT telecom, chemical, food beverage, aerospace defense, healthcare and others.

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