Global IoT in Agriculture Market Analysis, 2020

Global IoT in Agriculture Market Analysis, 2020

By Application ((Precision Farming (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking and Foresting, Irrigation Management, Inventory Management, Farm Labor Management, Financial Manag Read more

  • ICT & Electronics
  • May 2020
  • 238
  • IT55015

The Global IoT in Agriculture Market Analysis, 2020 market research report depicts a deep-dive market analysis of statistics of Global IoT in the Agriculture market which consists of region-wise market size, market forecast, CAGR market segmentation, market share of various types of components, applications, agriculture type, etc.

According to MarkNtel Advisors’ market research report titled “Global IoT in Agriculture Market Analysis, 2020”, the IoT in Agriculture market across the globe is forecast to grow at the CAGR of 10.20% during 2020-25. The major factors attributed to the growth of the Global IoT in Agriculture market are- the need for a sustainable solution for the farm monitoring that includes monitoring of yields and crops, soil, weather, and climate, etc. However, the impact of COVID-19 pandemic across the globe has turned out to be bottleneck in IoT spending in 2020, but it is expected that the spending would surge post Q3 of 2020.

Moreover, the increasing need for food production due to the surging population and escalating statistics of global hunger is pressing the need for IoT integration in agriculture for operation efficiency and better productivity. Furthermore, the escalating adoption of IoT-integrated equipment for predictive maintenance and prevention from unexpected downtime in developed counties such as the U.S, China, etc., is one of the prime factors due to which the IoT solution deployment in the agriculture sector is witnessing an uptick.

Government’s Support to Agriculture Industry to Strengthen Europe’s Market Share 

In 2019, North America acquired the major market share owing to the wide adoption of IoT technology in the agriculture sector in a very early phase. Also, the presence of well-established solution providers in the region is also contributing to the growth of the market.

 Furthermore, Europe market is also projected to attain significant share in the market due to surging government support in the growth of the agriculture sector by investing in technology modernization For instance, European governments announced a project "Internet Food & Farm 2020" in 2017 with the investment worth USD 35.4 million that aimed at the integration of IoT-based solution in the agriculture sector in the region. Also, the European Union announced a 7-year plan with an investment of USD 26 billion for the modernizing farming and rural development in 2017.

Precision Farming Application to Witness an Uptick

In 2019, the precision farming acquired the major market share and the trend is expected to remain the same in the forecast period as well. The IoT integration in the precision imaging for the monitoring of soil, water, and weather coupled with the real-time data gathering about the equipment's health and farm's condition with the help of drones' sensors, controllers, etc.  are promulgating the rise in the market share of precision farming. 

Furthermore, the demand for consultation for the IoT solution integration, maintenance, and repair or upgradation or retrofitting of any part or software contributes to the demand for services. Also, the service providers in the developed countries for the data analytics for better decision making is contributing to the increasing market share, as stated in the MarkNtel Advisors’ research report “Global IoT in Agriculture Market Analysis, 2020”.  

According to MarkNtel Advisors, the availability of numerous local and foreign players across the countries makes the global industry highly competitive. The key players with a considerable share in the industry are Trimble Inc., Deere and Company, Agco Corporation, Raven Industries, Deleaval, GEA Group, Agjunction, Antelliq, Ponsse, Komastu Forest, DJI, Granular, Hexagon Agriculture, Crop metrics, Dickey-John, among others. 

The players are launching new products and doing strategic alliances to gain a competitive advantage in the industry.


Key Questions Answered in the Market Research Report

  1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global IoT in Agriculture Industry? 
  2. What are the region-wise industry size, growth drivers and challenges, and key market trends?
  3. What are the key innovations, technology upgrades, opportunities, regulations, growth drivers and, challenges Global IoT in Agriculture market? 
  4. Who are the key competitors or market players and how they perform in the Global IoT in Agriculture benchmarking matrix?
  5. What are the key results derived from the market surveys conducted during the course of the Global IoT in Agriculture market study?  

Market Outlook, Segmentation and Statistics 

  • Market Size & Analysis
    • Revenues
  • Market Share & Analysis
    • By Components
      • By Hardware
        • Precision Farming Hardware
          • Automation and Control Systems
          • Sensing and Monitoring Devices
        • Precision and Forestry Hardware
          • Harvesters & Forwarders
          • UAVs/ Drones
          • GPS
          • Cameras
          • RFID and Sensors
          • Variable Rate Controllers
          • Others
        • Livestock Monitoring Hardware
          • RFID Tags and Readers
          • Sensors
          • Control Systems
          • GPS
          • Others
        • Fish Farm Monitoring Hardware
          • GPS/ GNSS
          • Sensors
          • Others
        • Smart Greenhouse Hardware
          • HVAC Systems
          • Led Grow Lights
          • Sensors
          • Others
      • Software
        • Local/ Web-Based
        • Cloud-Based
      • Services
        • System Integration and Consulting
        • Managed Services
        • Connectivity Services
        • Assisted Professional Services
        • Maintenance and Support
    • By Application
      • Precision Farming
        • Yield Monitoring
        • Field Mapping
        • Crop Scouting
        • Weather Tracking and Foresting
        • Irrigation Management
        • Inventory Management
        • Farm Labor Management
        • Financial Management
        • Others
      • Precision Forestry
        • Genetics and Nurseries
        • Silviculture and Fire Management
        • Harvesting Management
        • Inventory and Logistics Management
      • Livestock Monitoring 
        • Heat Stress Management
        • Milk Harvesting Management
        • Breeding Management
        • Animal Comfort Management
        • Behavior Monitoring Management
        • Others
      • Fish Farm Monitoring
        • Fish Tracking and Fleet Navigation
        • Feeding Management
        • Water Quality Management
      • Smart Green House
        • HVAC Management
        • Yield Monitoring
        • Water and Fertilizer Management
      • Others
    • By Agriculture Type
      • Precision Farming
      • Precision Forestry
      • Livestock Monitoring
      • Smart Greenhouse
      • Fish Farm Monitoring
      • Others
    • By Company
      • Market Shares, By Revenue
      • Strategic Factorial Indexing
      • Competitor Placement in MarkNtel Quadrant
    • By Region
      • North America IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • US IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • Canada IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • Mexico IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
      • South America IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • Brazil IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • Argentina IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
      • Europe IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • UK IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • France IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • Germany IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • Italy IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • Spain IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
      • Asia-Pacific IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • China IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • Japan IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • India IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • Australia IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • South Korea IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
      • Middle East and Africa IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • UAE IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • Saudi Arabia IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
        • South Africa IoT in Agriculture Market Size, By Revenues (USD Million), 2015-2025F
  • Global IoT in Agriculture Market Policies, Regulations, Product Standard
  • Global IoT in Agriculture Market Intellectual Property Rights Analysis
  • Global IoT in Agriculture Market Hotspots & Opportunities
  • Competition Outlook
    • Competition Matrix
    • Company Profiles

Frequently Asked Questions

Q. What is the historical year, base year and forecast year considered in the research report on Global IoT in Agriculture Market?
A. The historical data has been provided since 2015, while the base year is 2019 and the data is forecast up-to 2025.

Q. What are the units or denomination for measuring market value in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.

Q. What would be the growth rate or CAGR of Global IoT in Agriculture Market during 2020-25?
A. The Global IoT in Agriculture Market is expected to growt at a CAGR of around 10.20 % during 2020-25.

Q. Which region would grab the highest market share during 2020-25?
A. It is forecast that North America will dominate the market with the majority market share, with market size registering considerably higher CAGR.

Q. Who are the key competitors or players operating Global IoT in Agriculture market? 
A Trimble Inc., Deere and Company, Agco Corporation, Raven Industries, Deleaval, GEA Group, Agjunction, Antelliq, Ponsse, Komastu Forest, DJI, Granular, Hexagon Agriculture, Crop metrics, Dickey-John, etc., are the leading players in the Global IoT in Agriculture market.

Q. Which component type would emerge as an opportunity area for players in Global IoT in Agriculture Market?
A. Services segment is expected to attain the highest CAGR during the forecast period and maintain its significant market share.

Q. Which application would emerge as an opportunity area for players in Global IoT in Agriculture Market?
A. Precision Farming grabbed a significant market share continue to grow at the highest CAGR, presenting immense opportunities for manufacturers and suppliers of Global IoT in Agriculture Market.

  1. Introduction
    1. Market Segmentation
    2. Product Definition
    3. Research Process
    4. Assumptions
  2. Executive Summary
  3. Global IoT in Agriculture Market Overview
  4. Expert Verbatim- What our Experts Say?
  5. Impact of Covid-19 on the Global IoT in Agriculture Market
  6. Global IoT In Agriculture Market Start-Up Ecosystem
    1. Prominent Start-ups
      1. By Funding
      2. By Key Investors
      3. By Solution
  7. Global IoT in Agriculture Market Outlook, 2015-2025F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Components
        1. By Hardware
          1. Precision Farming Hardware
            1. Automation and Control Systems
            2. Sensing and Monitoring Devices
          2. Precision and Forestry Hardware
            1. Harvesters & Forwarders
            2. UAVs/ Drones
            3. GPS
            4. Cameras
            5. RFID and Sensors
            6. Variable Rate Controllers
            7. Others
          3. Livestock Monitoring Hardware
            1. RFID Tags and Readers
            2. Sensors
            3. Control Systems
            4. GPS
            5. Others
          4. Fish Farm Monitoring Hardware
            1. GPS/ GNSS
            2. Sensors
            3. Others
          5. Smart Greenhouse Hardware
            1. HVAC Systems
            2. Led Grow Lights
            3. Sensors
            4. Others
        2. Software
          1. Local/ Web Based
          2. Cloud Based
        3. Services
          1. System Integration and Consulting
          2. Managed Services
          3. Connectivity Services
          4. Assisted Professional Services
          5. Maintenance and Support
      2. By Agriculture Type
        1. Precision Farming
        2. Precision Forestry
        3. Livestock Monitoring
        4. Fish Farm Monitoring
        5. Smart Greenhouse
        6. Others
      3. By Application
        1. Precision Farming
          1. Yield Monitoring
          2. Field Mapping
          3. Crop Scouting
          4. Weather Tracking and Foresting
          5. Irrigation Management
          6. Inventory Management
          7. Farm Labor Management
          8. Financial Management
          9. Others
        2. Precision Forestry
          1. Genetics and Nurseries
          2. Silviculture and Fire Management
          3. Harvesting Management
          4. Inventory and logistics Management
        3. Livestock Monitoring
          1. Heat Stress & Fertility Management
          2. Milk Harvesting Management
          3. Feeding Management
          4. Animal Health & Comfort Management
          5. Behavior Monitoring Management
          6. Others
        4. Fish Farm Monitoring
          1. Tracking and Fleet Navigation
          2. Feeding Management
          3. Water Quality Management
          4. Others
        5. Smart Green House
          1. HVAC Management
          2. Yield Monitoring
          3. Water and Fertilizer Management
          4. Lighting Management
          5. Others
        6. Others
      4. By Region
        1. North America
        2. South America
        3. Asia-Pacific
        4. Europe
        5. Middle East & Africa
      5. By Company
        1. Market Shares, By Revenue
        2. Strategic Factorial Indexing
        3. Competitor Placement in MarkNtel Quadrant
    3. Market Attractiveness Index
      1. By Components
      2. By Application
      3. By Agriculture Type
      4. By Region
  8. North America IoT in Agriculture Market Outlook, 2015-2025F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Components
      2. By Application
      3. By Agriculture Type
      4. By Country
        1. The US
        2. Canada
        3. Mexico
    3. U.S. IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
    4. Canada IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
    5. Mexico IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Components
        2. By Application
        3. By Agriculture Type
  9. South America IoT in Agriculture Market Outlook, 2015-2025F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Components
      2. By Application
      3. By Agriculture Type
      4. By Country
        1. Brazil
        2. Argentina
    3. Brazil IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
    4. Argentina IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
  10. Asia Pacific IoT in Agriculture Market Outlook, 2015-2025F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Components
      2. By Application
      3. By Agriculture Type
      4. By Country
        1. China
        2. India
        3. Japan
        4. Australia
        5. South Korea
    3. China IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
    4. India IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
    5. Japan IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
    6. Australia IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
    7. South Korea IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
  11. Europe IoT in Agriculture Market Outlook, 2015-2025F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Components
      2. By Application
      3. By Agriculture Type
      4. By Country
        1. UK
        2. France
        3. Germany
        4. Spain
        5. Italy
    3. UK IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
    4. France IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
    5. Germany IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
    6. Spain IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
    7. Italy IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
  12. Middle East and Africa IoT in Agriculture Market Outlook, 2015-2025F
    1. Market Size & Analysis
      1. Revenues
    2. Market Share & Analysis
      1. By Components
      2. By Application
      3. By Agriculture Type
      4. By Country
        1. UAE
        2. Saudi Arabia
        3. South Africa
    3. Market Attractiveness Index
      1. By Components
      2. By Application
      3. By Agriculture Type
      4. By Country
    4. UAE IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
    5. Saudi Arabia IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
    6. South Africa IoT in Agriculture Market Outlook, 2015-2025F
      1. Market Size & Analysis
        1. Revenues
      2. Market Share & Analysis
        1. By Application
        2. By Agriculture Type
  13. Global IoT in Agriculture Market Policies, Regulations, Product Standards
  14. Key Strategies Adopted by IoT in Agriculture Suppliers
  15. Global IoT in Agriculture Market Trends & Insights
  16. Global IoT in Agriculture Market Dynamics
    1. Growth Drivers
    2. Challenges
    3. Impact Analysis
  17. Global IoT in Agriculture Market Hotspot & Opportunities
  18. Global IoT in Agriculture Market Key Strategic Imperatives for Success & Growth
  19. Competition Outlook
    1. Competition Matrix
      1. Product Portfolio
      2. Target Markets
      3. Target End Users
      4. Research & Development
      5. Strategic Alliances
      6. Strategic Initiatives
    2. Company Profiles of top companies (Business Description, Product Segments, Business Segments, Financials, Strategic Alliances/ Partnerships, Future Plans)
      1. Trimble Inc.
      2. Deere and Company
      3. Agco Corporation
      4. Raven Industries
      5. Deleaval
      6. GEA Group
      7. Agjunction
      8. Antelliq
      9. Ponsse
      10. Komatsu Forest
      11. DJI
      12. Granular
      13. Hexagon Agriculture
      14. Crop metrics
      15. Dickey-John
      16. Others
  20.  Disclaimer
Global IoT in Agriculture Market Segmentation
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