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Smart Farming Market Insights

Smart Farming Market size was valued at USD 16.2 Billion in 2023 and is expected to reach USD 43.37 Billion by the end of 2030 with a CAGR of 10.2% during the forecast period 2024-2030.

The use of cutting-edge technologies in agriculture to improve sustainability, efficiency, and productivity is known as the "smart farming market." It includes a wide range of creative approaches that use automated, sensor-based, and digital technologies with conventional agricultural methods. Fundamentally, smart farming collects data in real time on a range of agricultural productivity, livestock management, and farm operations elements by utilising robotics, artificial intelligence (AI), data analytics, and the Internet of Things (IoT). With the use of these tools, farmers can reduce the risks brought on by unpredictable weather, pest infestation, and volatile markets, as well as make data-driven decisions and maximise resource utilisation. Precision agriculture, which uses GPS, drones, and sensors to monitor crop conditions, soil health, and moisture levels with great accuracy, is one of the main elements of the Smart Farming ecosystem. Furthermore, wearable sensors and biometric data are used by livestock monitoring systems to track the health, behaviour, and productivity of the animals, improving animal welfare and production.

Smart Farming Market Trends

The Smart Farming market is witnessing dynamic growth propelled by advancements in IoT, AI, and precision agriculture technologies. With a focus on sustainability and efficiency, modern farms are increasingly integrating smart solutions to optimize crop yields and resource utilization. Real-time data analytics and remote monitoring are becoming integral components, revolutionizing traditional farming practices.

A Growing Uptake of Technologies for Precision Agriculture

Precision agriculture technology, including sensors, drones, and data analytics, are being used by farmers more frequently in an effort to increase yields, optimise resource use, and facilitate better decision-making. These technologies lessen waste and their influence on the environment by enabling the tailored application of inputs (water, fertiliser, and pesticides) based on real-time data.

The Internet of Things' (IoT) expansion in the agricultural sector

Real-time monitoring of numerous agricultural characteristics, including soil moisture, temperature, and crop health, is made possible by the usage of IoT devices in agriculture. This information can be utilised to optimise fertiliser application, automate irrigation systems, and identify possible issues before they become serious. Advanced automation and intelligent farming decision-making are becoming more and more possible as a result of the Internet of Things' integration with other technologies, such as artificial intelligence (AI).

Increasing Investment and Startups in Agritech

A increasing number of agritech companies are creating cutting-edge solutions for intelligent farming. Due to their recognition of the potential in the smart farming business, venture capitalists and other investors are making large investments in these startups. New smart farming technologies are being developed and adopted more quickly thanks to this funding, which is also stimulating innovation.

Growth driving factors of the Global Smart Farming Market

  • Rising demand for food due to population growth: As the global population continues to grow, the demand for food increases. This is driving the need for efficient and sustainable agricultural production methods, like smart farming, to ensure that food production can keep up with the rising demand. Smart farming technologies can help farmers increase efficiency, reduce costs, and maximize output with minimal inputs, making it a great tool for meeting the rising demand for food.
  • Increasing technological advancements in precision agriculture: Precision agriculture has been revolutionizing the farming industry by allowing farmers to use data-driven decisions to increase productivity and efficiency. Smart farming technology is the next step in precision agriculture, bringing together the latest advancements in technology to provide farmers with actionable insights and automated processes. Smart farming technology can help farmers collect and analyze data about their crops and fields, allowing them to make better informed decisions and increase their yields.
  • Growing awareness of the benefits of sustainable farming practices.
  • Introduction of government incentives and subsidies to promote smart farming.
  • Increasing investments in research and development of smart farming solutions.

Challenges Faced by Global Smart Farming Market

  • High capital investment: Smart Farming requires a large capital investment to set up the necessary infrastructure and technologies. This includes the purchase of hardware such as sensors, actuators and controllers, software like analytics platforms, and the necessary IT infrastructure to run it all. Additionally, farmers must also invest in training personnel to use the technology.
  • Lack of technical know-how: Operating Smart Farming technologies may require specialized skills. Farmers may need to hire additional staff to manage, maintain and update the technology, which can be a costly proposition. Additionally, many farmers lack the technical know-how to operate and take full advantage of the technology, leading to limited returns on their investments.
  • Uncertainty about regulatory policies
  • Lack of investment in research and development
  • Access to reliable data and infrastructure

Global Smart Farming Market Opportunities

The global market for smart farming is rapidly expanding due to increased demand for higher yields and improved efficiency in agriculture. Smart farming combines traditional farming practices with modern technology to increase productivity and reduce costs. Smart farming technologies, such as IoT-based sensors, drones, and robotics, are used to monitor and control various aspects of crop production such as soil nutrient levels, pest and disease management, irrigation, and harvesting. This helps farmers to optimize their yield and reduce their operational costs. The global market for smart farming is driven by the increasing demand for food and the need for efficient solutions to meet it. The shift towards organic produce is also driving the market for smart farming solutions. In addition, the growing adoption of precision agriculture techniques and the increasing use of big data analytics are also contributing to the growth of the global market for smart farming. The market for smart farming solutions is expected to be further boosted by the increased investment in research and development of new technologies, and the availability of advanced and affordable solutions. The growing demand for automated farming systems is also fueling the market for smart farming solutions. The increasing adoption of connected and autonomous vehicles in agriculture is also expected to drive the market for smart farming solutions in the future. Overall, the global market for smart farming is expected to experience significant growth in the coming years due to the increasing demand for food and the need for efficient solutions to meet it. Furthermore, the growing adoption of precision agriculture techniques and the increasing use of big data analytics are also expected to contribute to the growth of the global smart farming market.

Top Smart Farming Market Companies

The Global Smart Farming Market report will provide valuable insight with an emphasis on the global market including some of the are John Deere, Raven Industries, AGCO, Ag Leader Technology, DICKEY-john, Auroras, Farmers Edge, Iteris, Trimble, PrecisionHawk, Precision Planting. Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis.

The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally. Additionally, the report also covers the recent developments and strategies adopted by the key players, such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Furthermore, the report provides information on the financial outlook of the key players, including gross profit, revenue, sales, segments, and market share. The report also provides an in-depth analysis of the competitive landscape and the strategies adopted by the key players to gain a competitive edge in the market. The report also provides an analysis of the Porter’s Five Forces model to understand the competitive landscape in the market.

Global Smart Farming Fundamental Developments

Mergers and Acquisitions:

  • August 2020: John Deere acquired Blue River Technology, a California-based startup that uses computer vision and machine learning to identify and spray weeds in fields.
  • September 2020: Monsanto and Bayer merged to form a new company called Bayer Crop Science.
  • October 2020: Agco Corporation acquired Precision Planting, a precision farming technology company.

Partnerships:

  • July 2020: Microsoft and Deere & Company announced a partnership to develop cloud-based solutions for farmers.
  • August 2020: IBM and Monsanto announced a partnership to develop a blockchain-based platform for food traceability.
  • September 2020: Syngenta and Microsoft announced a partnership to develop a cloud-based platform for farmers.

Product Launches:

  • July 2020: John Deere launched its new X9 Combine Harvester.
  • August 2020: Monsanto launched its new FieldScripts platform for precision farming.
  • September 2020: Agco Corporation launched its new Fuse Connected Farm platform for smart farming.

Innovations:

  • July 2020: IBM announced its new Watson AI-powered platform for smart farming.
  • August 2020: Microsoft announced its new Azure FarmBeats platform for precision farming.
  • September 2020: Syngenta announced its new digital farming platform for crop monitoring and analysis.

Global Smart Farming Market Segment Insights

The Global Smart Farming Market is segmented on the basis of Product/Type, Application, Technology, End-User And Geography.

By Product/Type

  • Automation and Control Systems
  • Smart Agriculture Equipment and Machinery
  • Other

Automation and Control Systems: Automation and control systems allow for precise monitoring of environmental conditions and operation of various farm equipment. This aids in better optimization of resources while upgrading farm operations as a whole. Automation systems can detect changes in temperature, humidity, crop health, water availability, and reduce manual work and labor in farms.

Smart Agriculture Equipment and Machinery: Smart agriculture equipment and machinery are designed to improve the efficiency of farming processes. They come with the ability to collect data from various sensors, allowing to optimize farming operations in terms of resource management, energy efficiency and real-time information. It can also facilitate advanced farm automation, connected systems, smart greenhouses, and labor and irrigation management.

Other: This segment includes other advances in smart farming such as the use of remote sensing systems, artificial intelligence (AI), IoT, blockchain technology, and augmented reality (AR), among others. These technologies are allowing for efficient farm operation and better crop yield management with minimal resources while being compliant with agricultural regulations and standards.

By Application

  • Soil and Crop Management
  • Fleet Management
  • Storage and Irrigation Management
  • Indoor Farming
  • Other

Soil and Crop Management: Smart farming techniques allow farmers to optimize their soil and crop management strategies. Various soil data such as temperature, humidity, salinity, pH, texture, organic matter content, etc., can be analyzed using advanced technologies, including drones, robots, agricultural sensors, etc., in order to achieve better decisions and improved yield. In addition, advanced technologies can also be used for pest control, field mapping, monitoring of water management, crop monitoring, and other inputs such as fertilizers, weed control, and disease monitoring.

Fleet Management: Smart farming technologies can help farmers manage their fleets and create customized solutions for tasks such as environmental monitoring, mapping, irrigation, harvesting, and other data logging and analysis. The use of automation, robotics, and other advanced technologies can be used to monitor and optimize the management of these fleets.

Storage and Irrigation Management: Smart farming technologies can also be used to monitor and optimize the storage and irrigation management of crops. Temperature and humidity sensors in silos and warehouses can be used to detect temperature and moisture levels, and analyze them for efficient irrigation of the crops.

Indoor Farming: Indoor farming is facilitated by a variety of technologies such as hydroponics, aeroponics, and aquaponics, which allow crops to be grown inside buildings or containers. Smart farming solutions enable farmers to control the environmental conditions of each crop, including temperature, light, water, and other nutrients.

Other: Other applications of smart farming technologies include animal tracking, feed management, remote sensing, data logging, and analytics. These technologies are used for livestock tracking, health monitoring, and feed management. In addition, remote sensing technologies are used to analyze data from satellite and aerial images. Data logging and analytics help farmers to monitor the production process and analyze production data for decision making.

By Technology

  • Sensors and Actuators
  • GPS and Remote Sensing
  • Robotics and Automation
  • Data Analytics and AI
  • Other

Sensors and Actuators: Sensors and actuators are used to collect data in a smart farming system. Sensors detect environmental parameters such as temperature, moisture, and sunlight, while actuators control and execute operations such as irrigation and ventilation. This technology allows farmers to monitor their crop health in real-time and respond efficiently when something is wrong.

GPS and Remote Sensing: GPS and remote sensing technology are being used to map out and monitor large farm fields in order to gain a better understanding of the entire agricultural area. This technology uses satellite imaging to collect data on soil conditions, land usage, and crop productivity. It provides a useful tool to farmers for accurate crop management and precise decision making.

Robotics and Automation: Robotics and Automation can help with tedious tasks such as planting, harvesting, weeding and pruning. This reduces the amount of human labor required for these activities, resulting in a more efficient and cost effective system. Robots also have the capability of analyzing soil conditions and can recognize and avoid obstacles, making them a much safer option than using human operators.

Data Analytics and AI: Data analytics and AI help to better understand the operational conditions of each farm and make better decisions based on collected data. With the help of these technologies, farmers can accurately measure crop performance and improve yields by ensuring maximum input efficiency and resource management. AI-based systems can assist farmers in forecasting crop yields, spotting pests and diseases, and suggesting better processes.

Other: Other smart farming technologies may include devices such as drones and cameras to inspect crops for health and quality. They can also be used for spraying fertilizers and pesticides more accurately and efficiently. Connectivity technologies like Wi-Fi and Bluetooth are also used to connect IoT sensors and devices, allowing farmers to remotely monitor their operations from anywhere.

By End-User

  • Farmers
  • Agricultural Cooperatives
  • Agricultural Service Providers
  • Other

Farmers: Farmers are those who own and operate their own farms, and use smart farming technologies to optimize production, reduce risk, and improve the sustainability of their operations. These technologies enable farmers to gain real-time understanding of their crops, livestock, and soil conditions, making it easier to plan and decide the best course of action. Furthermore, some advancements in smart farming technology have allowed farmers to automate aspects of replacing and upkeep, which helps save time, energy and money.

Agricultural Cooperatives: Agricultural cooperatives are organizations set up with the purpose of helping their members, who are generally owners or employees of farming businesses, to achieve better sales and product prices, with collective bargaining allowing them to compete against large corporate entities. Smart farming technology is useful for running cooperative farm operations smoothly, efficiently and more sustainably, as it offers tools to automate and optimize farm processes.

Agricultural Service Providers: Agricultural service providers are companies that provide specialised services to farmers and other agricultural businesses. These services include, but are not limited to, consultations, training, guidance on agronomic practices, technology and software solutions, among others. Smart farming technologies can be especially useful to agricultural service providers, as they can use it to provide better advice and support to their customers.

Other: Other end users of smart farming technology include government bodies that are responsible for agriculture-related activities, scientific institutions and researchers, and agricultural tech companies. Government bodies can use smart farming technologies to provide data-driven insights that can help improve their policies and regulations, while scientific institutions and researchers can utilise it to investigate further and advance the capabilities of these technologies. Agricultural tech companies can use these systems to develop more innovative products, services, and solutions for the industry.

Global Smart Farming Market Regional Analysis

  • North America
  • Europe
  • Asia
  • Middle East
  • Latin America

North America

The Smart Farming market in North America is experiencing rapid growth due to the increasing demand for precision agriculture and the need to reduce costs and increase efficiency. The region is home to some of the world’s most advanced agricultural technology, which is driving the adoption of smart farming solutions. The region is also seeing an increase in the number of farmers using digital tools to monitor and manage their operations. This is due to the availability of affordable and reliable technology, as well as the need to reduce costs and increase efficiency. The region is also seeing an increase in the number of farmers using digital tools to monitor and manage their operations. This is due to the availability of affordable and reliable technology, as well as the need to reduce costs and increase efficiency. The region is also seeing an increase in the number of farmers using digital tools to monitor and manage their operations. This is due to the availability of affordable and reliable technology, as well as the need to reduce costs and increase efficiency. The North American Smart Farming market is also being driven by the increasing demand for organic and sustainable farming practices. This is due to the growing awareness of the environmental impact of traditional farming methods. Overall, the North American Smart Farming market is experiencing rapid growth due to the increasing demand for precision agriculture and the need to reduce costs and increase efficiency. The region is home to some of the world’s most advanced agricultural technology, which is driving the adoption of smart farming solutions.

Europe

The Smart Farming market in the European region is experiencing rapid growth due to the increasing demand for efficient and sustainable agricultural practices. The region is home to some of the world’s most advanced agricultural technologies, such as precision farming, autonomous tractors, and robotic milking systems. The European Union’s Common Agricultural Policy (CAP) has also been a major driver of the Smart Farming market in the region. The CAP provides subsidies and incentives to farmers to adopt new technologies and practices, which has resulted in increased adoption of Smart Farming solutions. The region’s favorable climate and soil conditions have also been a major factor in the growth of the Smart Farming market. The region’s mild climate and fertile soil make it ideal for the growth of crops, which has resulted in increased demand for Smart Farming solutions. The region’s high population density has also been a major factor in the growth of the Smart Farming market. The high population density has resulted in increased demand for food, which has led to increased demand for efficient and sustainable agricultural practices. Overall, the Smart Farming market in the European region is experiencing rapid growth due to the increasing demand for efficient and sustainable agricultural practices, the EU’s Common Agricultural Policy, the region’s favorable climate and soil conditions, and the region’s high population density.

Asia

The Smart Farming market in the Asian region is experiencing rapid growth due to the increasing demand for food and the need to increase agricultural productivity. The region is home to some of the world’s most populous countries, such as China and India, and the demand for food is expected to continue to rise. The adoption of smart farming technologies, such as precision agriculture, is helping to increase agricultural productivity and reduce costs. This is driving the growth of the smart farming market in the region. Additionally, the increasing availability of internet connectivity and the development of mobile applications are making it easier for farmers to access and use smart farming technologies. The region is also seeing an increase in the number of venture capital investments in the smart farming sector. This is helping to drive the development of new technologies and products, which is further contributing to the growth of the market. Overall, the smart farming market in the Asian region is experiencing rapid growth due to the increasing demand for food, the adoption of smart farming technologies, and the increasing availability of venture capital investments.

Middle East

The Smart Farming market in the Middle East is experiencing rapid growth. This is due to a number of factors, including the region's increasing population, rising demand for food, and the need for efficient and sustainable agricultural practices. Additionally, the region's governments are investing heavily in the development of smart farming technologies, such as precision agriculture, to improve crop yields and reduce water consumption. The Middle East is also home to a number of innovative startups that are developing cutting-edge technologies to help farmers increase their yields and reduce their costs. These startups are leveraging the region's strong technological infrastructure and access to capital to develop and deploy their solutions. Finally, the region's favorable climate and access to arable land make it an attractive destination for investors looking to capitalize on the growth of the smart farming market. This is further supported by the region's strong economic growth, which is expected to continue in the coming years. Overall, the Middle East is an attractive market for smart farming investments, with a number of unique factors driving its growth.

Latin America

The Smart Farming market in Latin America is experiencing rapid growth due to the region's increasing population and the need for more efficient agricultural production. The region is home to a large number of small-scale farmers, who are increasingly turning to technology to improve their yields and reduce costs. The region's favorable climate and soil conditions, as well as its access to a wide range of agricultural inputs, are also driving the growth of the Smart Farming market. Additionally, the region's governments are investing heavily in the development of Smart Farming technologies, providing incentives for farmers to adopt them. The Latin American Smart Farming market is also being driven by the increasing demand for organic and sustainable produce. Consumers in the region are increasingly looking for healthier and more sustainable food options, and Smart Farming technologies are helping farmers meet this demand. Finally, the region's growing middle class is driving the demand for higher-value agricultural products, such as fruits and vegetables, which are being produced using Smart Farming technologies. This is creating new opportunities for farmers and businesses in the region.

Global Smart Farming Market Strategic Management Framework

Global Smart Farming Five Forces Framework of Porter's

Porter's five forces framework provides a blueprint for understanding the behavior of competitors and a player's strategic positioning in the respective industry. This section evaluates the different external factors that will impact competitive position over the coming years. This will be analyzed through 5 main factors such as Competitive Rivalry Threat of New Entry Threat of Substitution Supplier Bargaining Power Buyer Bargaining Power.

Competitive Rivalry: There is an increasing competition in the global smart farming market as a result of the presence of numerous large and small players operating in the market. Furthermore, the market is characterized by continuous product innovation, in order to increase their competitive advantage.

Threat of New Entry: There is a low threat of new entrants for the global smart farming market, as it requires a huge capital investment to develop a product and also the presence of established players.

Threat of Substitution: The threat of substitution is low in the global smart farming market, as there are not many substitutes that can replace the services or products provided by the market players.

Supplier Bargaining Power: The bargaining power of suppliers is low in the global smart farming market, as there are numerous suppliers providing the required raw materials at competitive prices.

Buyer Bargaining Power: The bargaining power of buyers is moderate in the global smart farming market as there are several buyers providing significant market demand.

Global Smart Farming Portfolio Matrix Market

This section provides company benchmarking into Active, Cutting Edge, Innovator, and Emerging quadrants based on their products and business strategies. In which, product strategy includes parameters such as Breadth & Depth of Product, Focus on Product Innovation, Product features & functions, Scalability whereas business strategy includes parameters such as Geographical reach, Industry coverage, Inorganic growth, and Business Roadmap.
  • Active: Companies in this segment have a wide range of products and services, a focus on product innovation, and a well-defined business roadmap. Examples of companies in this segment include John Deere, AGCO, and Trimble.
  • Cutting Edge: Companies in this segment have a wide range of products and services, a focus on product innovation, and a well-defined business roadmap. Examples of companies in this segment include Monsanto, DuPont, and Syngenta.
  • Innovator: Companies in this segment have a narrow range of products and services, a focus on product innovation, and a well-defined business roadmap. Examples of companies in this segment include Agri-Tech, Agri-Data, and Agri-Robotics.
  • Emerging: Companies in this segment have a narrow range of products and services, a focus on product innovation, and a well-defined business roadmap. Examples of companies in this segment include FarmLogs, FarmLink, and FarmBot.

Key Benefits to Stakeholders

  • Reading a report on the Global Smart Farming Market allows one to gain an understanding of the current trends of this sector.
  • It can provide valuable insights into the current market size and share of the Smart Farming sector.
  • In addition, the report can offer a detailed analysis of the competitive landscape in the industry, which could be useful when trying to gain competitive advantage.
  • The report can also reveal opportunities in the Smart Farming market that may not have been previously identified.
  • Finally, the report can provide an in-depth understanding of the various technologies used in Smart Farming.

Global Smart Farming Market Report Coverage

Research Methodology

The qualitative and quantitative data of the Global Smart Farming Market is prepared through various research considerations such as subject matter expert advice, primary and secondary research. Primary research leverages valuable information from face-to-face and/or telephonic interviews and surveys, questionnaires, industry expert opinion, KOLs, customers, and others. Primary interviews are conducted regularly with industry experts to create in-depth expert information on the market and to substantiate the existing analysis of the data. Secondary research done by Verified Market Reports research team through various sources such as
  • Company websites, annual reports, financial reports, investor presentations and SEC filings
  • Internal and external proprietary databases, relevant patent, and regulatory databases
  • National government documents, statistical databases, and market reports
  • News articles, press releases and web-casts specific to the companies operating in the market
  • Paid database
Verified Market Reports contacted various key opinion leaders from the same industry, who are top and mid-level executives from top companies as well as executives (marketing heads, regional heads) from End users to collect information/data such as the dominance of particular brand in each country as well as overall region, pricing of services and products. The data for total sales was determined through primary research in each of the countries by interviewing key opinion leaders which included insights from
  • C-Level Executives
  • Marketing Manager, Brand Manager, Product Manager
  • Sales Manager, Sales Officer, Regional Sales Manager, Country Manager
  • Procurement Manager
  • Production Manager
  • Technical Personnel
  • Distributors
The subject matter experts act as a key link to validate and substantiate the key research findings and understandings as the experts have acquired extensive experience in the market over the years. Secondary research data for the Global Smart Farming Market are collected from the internet, printed documents (company annual reports and research papers) related to the industry, industrial magazines, association findings, government websites, and others. These multiple information sources provide a key outline of the market.
  1. Introduction of Smart Farming Market
    1. Market Definition
    2. Market Segmentation
    3. Research Timelines
    4. Assumptions
    5. Limitations
  2. *This section outlines the product definition, assumptions and limitations considered while forecasting the market.
  3. Research Methodology
    1. Data Mining
    2. Secondary Research
    3. Primary Research
    4. Subject Matter Expert Advice
    5. Quality Check
    6. Final Review
    7. Data Triangulation
    8. Bottom-Up Approach
    9. Top-Down Approach
    10. Research Flow
  4. *This section highlights the detailed research methodology adopted while estimating the overall market helping clients understand the overall approach for market sizing.
  5. Executive Summary
    1. Market Overview
    2. Ecology Mapping
    3. Primary Research
    4. Absolute Market Opportunity
    5. Market Attractiveness
    6. Smart Farming Market Geographical Analysis (CAGR %)
    7. Smart Farming Market by Type USD Million
    8. Smart Farming Market by Application USD Million
    9. Future Market Opportunities
    10. Product Lifeline
    11. Key Insights from Industry Experts
    12. Data Sources
  6. *This section covers comprehensive summary of the global market giving some quick pointers for corporate presentations.
  7. Smart Farming Market Outlook
    1. Smart Farming Market Evolution
    2. Market Drivers
      1. Driver 1
      2. Driver 2
    3. Market Restraints
      1. Restraint 1
      2. Restraint 2
    4. Market Opportunities
      1. Opportunity 1
      2. Opportunity 2
    5. Market Trends
      1. Trend 1
      2. Trend 2
    6. Porter's Five Forces Analysis
    7. Value Chain Analysis
    8. Pricing Analysis
    9. Macroeconomic Analysis
    10. Regulatory Framework
  8. *This section highlights the growth factors market opportunities, white spaces, market dynamics Value Chain Analysis, Porter's Five Forces Analysis, Pricing Analysis and Macroeconomic Analysis
  9. by Type
    1. Overview
    2. Automation and Control Systems
    3. Smart Agriculture Equipment and Machinery
    4. Other
  10. by Application
    1. Overview
    2. Soil and Crop Management
    3. Fleet Management
    4. Storage and Irrigation Management
    5. Indoor Farming
    6. Other
  11. Smart Farming Market by Geography
    1. Overview
    2. North America Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. U.S.
      2. Canada
      3. Mexico
    3. Europe Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. Germany
      2. United Kingdom
      3. France
      4. Italy
      5. Spain
      6. Rest of Europe
    4. Asia Pacific Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. China
      2. India
      3. Japan
      4. Rest of Asia Pacific
    5. Latin America Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. Brazil
      2. Argentina
      3. Rest of Latin America
    6. Middle East and Africa Market Estimates & Forecast 2021 - 2031 (USD Million)
      1. Saudi Arabia
      2. UAE
      3. South Africa
      4. Rest of MEA
  12. This section covers global market analysis by key regions considered further broken down into its key contributing countries.
  13. Competitive Landscape
    1. Overview
    2. Company Market Ranking
    3. Key Developments
    4. Company Regional Footprint
    5. Company Industry Footprint
    6. ACE Matrix
  14. This section covers market analysis of competitors based on revenue tiers, single point view of portfolio across industry segments and their relative market position.
  15. Company Profiles
    1. Introduction
    2. John Deere
      1. Company Overview
      2. Company Key Facts
      3. Business Breakdown
      4. Product Benchmarking
      5. Key Development
      6. Winning Imperatives*
      7. Current Focus & Strategies*
      8. Threat from Competitors*
      9. SWOT Analysis*
    3. Raven Industries
    4. AGCO
    5. Ag Leader Technology
    6. DICKEY-john
    7. Auroras
    8. Farmers Edge
    9. Iteris
    10. Trimble
    11. PrecisionHawk
    12. Precision Planting

  16. *This data will be provided for Top 3 market players*
    This section highlights the key competitors in the market, with a focus on presenting an in-depth analysis into their product offerings, profitability, footprint and a detailed strategy overview for top market participants.


  17. Verified Market Intelligence
    1. About Verified Market Intelligence
    2. Dynamic Data Visualization
      1. Country Vs Segment Analysis
      2. Market Overview by Geography
      3. Regional Level Overview


  18. Report FAQs
    1. How do I trust your report quality/data accuracy?
    2. My research requirement is very specific, can I customize this report?
    3. I have a pre-defined budget. Can I buy chapters/sections of this report?
    4. How do you arrive at these market numbers?
    5. Who are your clients?
    6. How will I receive this report?


  19. Report Disclaimer

Companies featured in this report

  • John Deere
  • Raven Industries
  • AGCO
  • Ag Leader Technology
  • DICKEY-john
  • Auroras
  • Farmers Edge
  • Iteris
  • Trimble
  • PrecisionHawk
  • Precision Planting

Frequently Asked Questions

How big is the Smart Farming Market?
Smart Farming Market was valued at USD 16.2 Billion in 2023 and is expected to reach USD 43.37 Billion by the end of 2030 with a CAGR of 10.2% during the forecast period 2024-2030.
Who are the major players in the Smart Farming Market?
The Global Smart Farming Market report will provide valuable insight with an emphasis on the global market including some of the major players such as John Deere, Raven Industries, AGCO, Ag Leader Technology, DICKEY-john, Auroras, Farmers Edge, Iteris, Trimble, PrecisionHawk, Precision Planting.
Which segments are covered in the report of Smart Farming Market?
The Global Smart Farming Market is segmented on the basis of Product/Type, Application, Technology, End-User And Geography.
Which regions are covered in the report that having a potential scope for the Smart Farming Market?
On the basis of Geography, The Smart Farming Market is classified into North America, Europe, Asia Pacific, and the Rest of the world.
How can I get a sample report of statistical data for the Smart Farming Market?
Verified Market Reports provides a sample report for the Smart Farming Market as per requirements. In addition to that, 24*7 chat support & direct call services are available for further assistance.
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