IoT in Agriculture Market

1. IoT in Agriculture MarketReport 2020-2027 www.emergenresearch.com The global IoT in Agriculture Market will be worth USD 27.22 Billion by 2027

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5. Market Summary • The global IoT in Agriculture Market will be worth USD 27.22 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing population worldwide coupled with the increasing demand for food in developing countries. The farmers are trying to enhance agricultural productivity in order to meet the growing demand for food by incorporating IoT based technologies in agricultural practices. Increasing adoption of the crop management devices to monitor crop growth and protect the field from any infestations is expected to drive the growth of the market over the forecast period. • Some Key Highlights From the Report • In October 2019, Raven Industries announced to acquire majority ownership of the DOT autonomous platform. • The acquisition will accelerate the development of precision agricultural technology from semi to fully autonomous solutions. • Hardware held the largest market share of 48.3% in the year 2019 as it enhances crop productivity and quality. www.emergenresearch.com

6. Market Summary • Key Highlights From The Report • Livestock monitoring is forecasted to grow with the fastest CAGR of 11.3% over the forecast period. It helps the farmers lower labor costs and prevents the spread of diseases among the cattle. • The Asia Pacific region is expected to be the fastest-growing region over the forecast period due to the growing global population and the increasing requirement for food in the developing countries. • Key participants include Agco Corporation, Deere and Company, GEA Group, Trimble Inc., Agjunction, Raven Industries, Antelliq, Delaval, Ponsse, and CropMetrics LLC, among others. • Request Free Sample Copy@ https://www.emergenresearch.com/request-sample/275 ww.emergenresearch.com

7. Market Summary • 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 • Read More@ https://www.emergenresearch.com/industry-report/iot-in-agriculture-market

8. Market Summary • Regional Outlook (Revenue, USD Billion; 2017-2027) • North America • U.S. • Canada • Europe • Germany • UK • France • BENELUX • Rest of Europe • Asia Pacific • China • Japan • South Korea • Rest of APAC • Latin America • Brazil • Rest of LATAM • MEA • Saudi Arabia

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