IoT in Agriculture Market Revenue, Demand, Share, Size | Global Industry Analysis and Research Report 2027

September 7, 2021

The increasing global population, coupled with the rising demand for food in the developing countries, are driving the demand of the market.

Market Size – USD 12.80 billion in 2019, Market Growth – CAGR of 10.5%, Market Trends – Emergence of smart greenhouses

The report provides detailed insights into IoT in Agriculture market revenue trends, industry trends, consumer trends, market size, market share, market revenue growth drivers, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in IoT in Agriculture market size over the forecast period, 2024–2028. The report includes profiles of major players in the IoT in Agriculture market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.

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Global IoT in Agriculture market revenue growth is primarily driven by a variety of factors and trends, some of which include rising focus by major companies on product/service expansion into new and untapped domestic and international markets, rising investments in strategic agreements and mergers, and rapidly growing competition in the IoT in Agriculture market.

Rising focus by major companies on product/service expansion into new and untapped domestic markets, increasing investments in strategic agreements, favourable government policies and regulations, and growing competition in the market are some major trends observed in the IoT in Agriculture market. Development of more advanced offerings is driving rising demand and deployment in respective sectors/industries, and this is expected to drive IoT in Agriculture market revenue growth to a significant extent over the forecast period.

Top key vendors in IoT in Agriculture Market include are:

Key participants include Agco Corporation, Deere and Company, GEA Group, Trimble Inc., Agjunction, Raven Industries, Antelliq, Delaval, Ponsse, and CropMetrics LLC, among others.

Emergen Research has segmented the global IoT in Agriculture Market on the basis of Offering, Application, and region:

Offering Outlook (Revenue, USD Billion; 2017-2027)
- Software
- Hardware
- Services

Application Outlook (Revenue, USD Billion; 2017-2027)
- Livestock Monitoring
- Smart Greenhouse
- Precision Forestry
- Fish Farm Monitoring
- Precision Farming
- Others

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Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “IoT in Agriculture Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2024 – 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.

Region wise performance of the IoT in Agriculture industry

North America IoT in Agriculture market revenue growth was relatively higher than that of other regional markets in 2024. North America market revenue is expected to continue to remain dominant over the forecast period, supported majorly by robust presence of major players in countries in the region and expansion of overall economic IoT in Agriculture growth strategies and initiatives.

Asia Pacific IoT in Agriculture market revenue registered the fastest growth rate in 2024, and this trend is expected to continue over the forecast period. Asia Pacific IoT in Agriculture market revenue growth is driven by significant market revenue contribution from China, India, and South Korea. Increasing population, favorable government policies and initiatives, and availability of more advanced technologies, services, and offerings in these countries are some key factors driving IoT in Agriculture market revenue growth in Asia Pacific.

Europe IoT in Agriculture market revenue is expected to continue to remain steady over the forecast period. This can be attributed to changing IoT in Agriculture market trends in countries in other major regions and robust focus on research and development initiatives by major firms in the region with the objective to leverage opportunities and drive IoT in Agriculture revenue growth.

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:

United States
Europe
China
Japan
Southeast Asia
India

We can also provide the customized separate regional or country-level reports, for the following regions:

North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central & South America, Brazil, Argentina, Rest of South America, Middle East & Africa, Saudi Arabia, Turkey, Rest of Middle East & Africa

We can customize our reports for our customers, for instance, we can add or remove manufacturers, applications or product types, whatever you need in the report. Ask for it by contacting us@ https://www.emergenresearch.com/request-for-customization/275

The research provides answers to the following key questions:

What will be the growth rate and the market size of the IoT in Agriculture industry for the forecast period 2024-2027?
What are the major driving forces expected to impact the development of the IoT in Agriculture market across different regions?
Who are the major driving forces expected to decide the fate of the IoT in Agriculture industry worldwide?
Who are the prominent market players making a mark in the IoT in Agriculture market with their winning strategies?
Which IoT in Agriculture industry trends are likely to shape the future of the industry during the forecast period 2024-2027?
What are the key barriers and threats believed to hinder the development of the industry?
What are the future opportunities in the IoT in Agriculture market?

Table of Content

Chapter 1. Methodology & Sources

1.1. IoT in Agriculture Market Definition

1.2. Research Scope

1.3. Methodology

1.4. Research Sources

1.4.1. Primary

1.4.2. Secondary

1.4.3. Paid Sources

1.5. IoT in Agriculture Market Estimation Technique

Chapter 2. Executive Summary

2.1. Summary Snapshot, 2024-2028