Digital agriculture market is anticipated to grow at a CAGR of 9.6% during the forecast period. Precision farming is an approach to farm management that uses information technology (IT) to ensure that crops and soil receive exactly what they require for optimum health and productivity. The growing adoption of precision farming is pushing market players to offer new solutions and services to their customers which are expected to boost the market growth during the forecast period. For instance, in March 2022, Agribazaar launched a remote sensing crop model to aid in precision farming naturally. Currently, the services are being offered to over three lakh farmers registered with Agribazaar. Further, the Government of India has chosen Agribazaar as one of the partners alongside Microsoft India for its India agri-stack program, which will widely use this technology. The benefits associated with precision farming such as ensuring profitability, sustainability, and protection of the environment are further contributing to the growth of the market.
Get Free Sample link @ https://www.omrglobal.com/request-sample/digital-agriculture-market
The global digital agriculture market is segmented based on the component, deployment, and application. Based on the component, the market is segmented into hardware and software & services. Based on the deployment, the market is sub-segmented into the cloud and on-premise. Based on the application, the market is augmented into yield monitoring, livestock monitoring, real-time safety testing, soil monitoring, precision farming, and others including drone analytics and inventory management. The above-mentioned segments can be customized as per the requirements. The cloud-based segment is expected to hold a considerable market share due to the growing adoption of cloud computing across the globe. The factors such as ease of adoption, minimal requirement infrastructure, and easy installation are expected to accelerate the digital agriculture market.
full report of Digital Agriculture Market available @ https://www.omrglobal.com/industry-reports/digital-agriculture-market
- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Digital Agriculture Market by Component
- Hardware
- Software & Services
Global Digital Agriculture Market by Deployment
- Cloud
- On-Premise
Global Digital Agriculture Market by Application
- Yield Monitoring
- Field Mapping
- Livestock Monitoring
- Real-Time Safety Testing
- Soil Monitoring
- Precision Farming
- Others (Drone Analytics, Inventory Management)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- AGCO Corp.
- Agriwebb Pty Ltd.
- BASF SE
- Bayer AG
- CNH Industrial America LLC
- Deere & Co.
- DTN, LLC
- Farmers Edge Inc.
- Gameya SA
- Hummingbird Technologies Ltd.
- IBM Corp.
- Microsoft Corp.
- Raven Industries, Inc.
- SAP SE
- Small Robot Co.
- Trimble Inc.
- Yare International ASA
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global digital agriculture market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/digital-agriculture-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
