Global Smart Agriculture Market by Offering (Hardware (GPS, Drones, Sensors, RFID, LED Grow Lights), Software (Cloud Based, On-premises and AI-as-a-Service) and Service), by Agriculture Type (Precision Farming, Livestock Monitoring, , Precision Aquaculture, Smart Greenhouse, Precision Forestry and Others)

The global smart agriculture market is projected to drive due to the rising food supply systems rising pressure due to the rapidly growing population and the surging use of modern technologies in agriculture
The global smart agriculture market size was valued at USD 12.62 billion in 2019 and expected to generate USD 26.6 billion by 2027, with a CAGR of over 8.95%, during the forecast period, 2020-2027. It is primarily attributed to in an attempt to sustain profits; farmers are increasingly adopting smarter and efficient agriculture technologies to deliver high-quality products to the smart agriculture market in sufficient quantities. Further, the growing support by governments to choose expensive IoT devices, and infrastructure will spur the global smart agriculture industry in the future periods. Additionally, the rising demand for modernization and the swelling environmental issues associated with colossal water usage in the sector is strengthening the market growth. Also, the surge in demand for food worldwide, the growth in need of livestock health and performance monitoring, and growing support of the government in the adoption of modern agriculture techniques will accelerate the market expansion of smart agriculture.
 

Moreover, the growing focus on disease detection and livestock monitoring to enhance the efficiency of farming are the vital factors likely to increase market growth in the upcoming period. Also, in the planting and aquaculture production operations, get rid of human dependence, build an agricultural production automation system and platform that integrates environmental, physiological monitoring, crop model analysis, and precise adjustment. Furthermore, the surge in demand for agriculture products, coupled with the upsurge in the population and the swelling government support for the adoption of modern agriculture techniques, will trigger the global smart agriculture market share in the coming years.
 

Offering Overview in the Global Smart agriculture Market
Based on the offering, the global smart agriculture market classified into Hardware (GPS, Drones, Sensors, RFID, LED Grow Lights), Software (Cloud Based, On-premises, and AI-as-a-Service) and Service. The hardware will be the fastest-growing segment in the forecast period. It is attributable to the surge in demand for automation systems in the milk industry to improve milk quality and animal welfare and reduce labor costs and improve productivity.
 

Agriculture Type Overview in the Global Smart Agriculture Market
Based on the agriculture type, the global smart agriculture market segregated into precision farming, livestock monitoring, precision aquaculture, smart greenhouse, precision forestry, and others. Precision farming held for the highest revenue in 2019. It is due to GPS-based guidance technology allows growers to reduce overlapping of equipment and tractor passes, thereby saving fuel, labor, time, and soil compaction. Additionally, precision farming enables farmers to gather relevant information by analyzing the real-time data about the conditions of the soil, crops, and local weather predictions and provide actionable insights to farmers with directions about the soil management, crop rotation, etc.
 

Application Overview in the Global Smart agriculture Market
Based on the application, the global smart agriculture market segmented into precision farming applications, livestock monitoring applications, and smart greenhouse applications. The precision farming applications segment accounted for a larger market share in 2019 and projected to lead the market by 2027. Due to the surge in demand for weather monitoring and forecasting in water scarcity and growing environmental consciousness, need for modifying agricultural management practices for the conservation of natural resources such as soil, air, and water.
 

Regional Overview in the Global Smart agriculture Market
By geography, the global smart agriculture market segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. North America accounted for maximum revenue share in 2019 due to the increasing investments by governments for enhancing the crop yield, swelling awareness about the quality of crops, and the growing concern for water conservation to improve the applications for smart irrigation.
 

Global Smart agriculture Market: Competitive Landscape
Companies such as Deere & Company, Trimble, Inc., Topcon Positioning Systems, DeLaval, Heliospectra, Antelliq, Afimilk Ltd., AKVA group, InnovaSea Systems, LumiGrow, AG Leader Technology, Raven Industries, AgJunction, The Climate Corporation, Nedap NV, BouMatic, Fancom BV, Aquabyte, Steinsvik, VEMCO, Nexus Corporation, and Certhon are the key players in the global smart agriculture market.

Global Smart Agriculture Market
Report Content
1. Research Strategic Development
1.1. Market Modelling
1.2. Product Analysis
1.3. Market Trend and Economic Factors Analysis
1.4. Market Segmental Analysis
1.5. Geographical Mapping
1.6. Country Wise Segregation
2. Research Methodology
2.1. Identification of Target Market
2.2. Data Acquisition
2.3. Refining of Data/ Data Transformations
2.4. Data Validation through Primary Techniques
2.5. Exploratory Data Analysis
2.6. Graphical Techniques/Analysis
2.7. Quantitative Techniques/Analysis
2.8. Visual Result/Presentation
3. Executive Summary
4. Market Insights
4.1. Supply Chain Analysis
4.2. Economic Factor Analysis
4.2.1. Drivers
4.2.2. Trends
4.2.3. Opportunities
4.2.4. Challenges
4.3. Technological Landscape
4.4. Competitors & Product Analysis
4.5. Regulatory Framework
4.6. Company market share analysis, 2019
4.7. Porter’s Five forces analysis
4.8. New Investment Analysis
4.9. PESTEL Analysis
5. Global Smart Agriculture Market Overview
5.1. Market Size & Forecast, 2016-2027
5.1.1. Demand
5.1.1.1. By Value (USD Million)
5.2. Market Share & Forecast, 2016-2027
5.2.1. By Offering
5.2.1.1. Hardware
5.2.1.2. Software
5.2.1.3. Service
5.2.2. By Agriculture Type
5.2.2.1. Precision Farming
5.2.2.2. Livestock Monitoring
5.2.2.3. Precision Aquaculture
5.2.2.4. Smart Greenhouse
5.2.2.5. Precision Forestry
5.2.2.6. Others
5.2.3. By Application
5.2.3.1. Precision Farming Application
5.2.3.1.1. Irrigation Management
5.2.3.1.2. Yield Monitoring
5.2.3.1.3. Crop Scouting
5.2.3.1.4. Field Mapping
5.2.3.1.5. Weather Tracking & Forecasting
5.2.3.1.6. Inventory Management
5.2.3.1.7. Others
5.2.3.2. Livestock Monitoring Application
5.2.3.2.1. Harvesting
5.2.3.2.2. Breeding Management
5.2.3.2.3. Feeding Management
5.2.3.2.4. Animal Comfort Management
5.2.3.2.5. Others.
5.2.3.3. Smart Greenhouse Application
5.2.3.3.1. Water & fertilizer management
5.2.3.3.2. HVAC management
5.2.3.3.3. Yield monitoring
5.2.3.3.4. Others
5.2.4. By Region
5.2.4.1. North America
5.2.4.2. Europe
5.2.4.3. Asia Pacific
5.2.4.4. South America
5.2.4.5. Middle East & Africa
6. North America Smart Agriculture Market Overview
6.1. North America Smart Agriculture Market Size & Forecast, 2016-2027
6.1.1. Demand
6.1.1.1. By Value (USD Million)
6.2. North America Smart Agriculture Market Share & Forecast, 2016-2027
6.2.1. By Offering
6.2.1.1. Hardware
6.2.1.2. Software
6.2.1.3. Service
6.2.2. By Agriculture Type
6.2.2.1. Precision Farming
6.2.2.2. Livestock Monitoring
6.2.2.3. Precision Aquaculture
6.2.2.4. Smart Greenhouse
6.2.2.5. Precision Forestry
6.2.2.6. Others
6.2.3. By Application
6.2.3.1. Precision Farming Application
6.2.3.1.1. Irrigation Management
6.2.3.1.2. Yield Monitoring
6.2.3.1.3. Crop Scouting
6.2.3.1.4. Field Mapping
6.2.3.1.5. Weather Tracking & Forecasting
6.2.3.1.6. Inventory Management
6.2.3.1.7. Others
6.2.3.2. Livestock Monitoring Application
6.2.3.2.1. Harvesting
6.2.3.2.2. Breeding Management
6.2.3.2.3. Feeding Management
6.2.3.2.4. Animal Comfort Management
6.2.3.2.5. Others.
6.2.3.3. Smart Greenhouse Application
6.2.3.3.1. Water & fertilizer management
6.2.3.3.2. HVAC management
6.2.3.3.3. Yield monitoring
6.2.3.3.4. Others
6.2.4. By Country
6.2.4.1. US
6.2.4.2. Canada
6.2.4.3. Mexico
6.2.5. Manufacturer & Distributor List (Top 5)
6.2.6. Company Market Share (Top 3-5)
6.2.7. Economic Impact Study on North America Smart Agriculture Market
7. Europe Smart Agriculture Market Overview
7.1. Europe Smart Agriculture Market Size & Forecast, 2016-2027
7.1.1. Demand
7.1.1.1. By Value (USD Million)
7.2. Europe Smart Agriculture Market Share & Forecast, 2016-2027
7.2.1. By Offering
7.2.1.1. Hardware
7.2.1.2. Software
7.2.1.3. Service
7.2.2. By Agriculture Type
7.2.2.1. Precision Farming
7.2.2.2. Livestock Monitoring
7.2.2.3. Precision Aquaculture
7.2.2.4. Smart Greenhouse
7.2.2.5. Precision Forestry
7.2.2.6. Others
7.2.3. By Application
7.2.3.1. Precision Farming Application
7.2.3.1.1. Irrigation Management
7.2.3.1.2. Yield Monitoring
7.2.3.1.3. Crop Scouting
7.2.3.1.4. Field Mapping
7.2.3.1.5. Weather Tracking & Forecasting
7.2.3.1.6. Inventory Management
7.2.3.1.7. Others
7.2.3.2. Livestock Monitoring Application
7.2.3.2.1. Harvesting
7.2.3.2.2. Breeding Management
7.2.3.2.3. Feeding Management
7.2.3.2.4. Animal Comfort Management
7.2.3.2.5. Others.
7.2.3.3. Smart Greenhouse Application
7.2.3.3.1. Water & fertilizer management
7.2.3.3.2. HVAC management
7.2.3.3.3. Yield monitoring
7.2.3.3.4. Others
7.2.4. By Country
7.2.4.1. Germany
7.2.4.2. UK
7.2.4.3. France
7.2.4.4. Italy
7.2.4.5. Rest of Europe
7.2.5. Manufacturer & Distributor List (Top 5)
7.2.6. Company Market Share (Top 3-5)
7.2.7. Economic Impact Study on Europe Smart Agriculture Market
8. Asia Pacific Smart Agriculture Market Overview
8.1. Asia Pacific Smart Agriculture Market Size & Forecast, 2016-2027
8.1.1. Demand
8.1.1.1. By Value (USD Million)
8.2. Asia Pacific Smart Agriculture Market Share & Forecast, 2016-2027
8.2.1. By Offering
8.2.1.1. Hardware
8.2.1.2. Software
8.2.1.3. Service
8.2.2. By Agriculture Type
8.2.2.1. Precision Farming
8.2.2.2. Livestock Monitoring
8.2.2.3. Precision Aquaculture
8.2.2.4. Smart Greenhouse
8.2.2.5. Precision Forestry
8.2.2.6. Others
8.2.3. By Application
8.2.3.1. Precision Farming Application
8.2.3.1.1. Irrigation Management
8.2.3.1.2. Yield Monitoring
8.2.3.1.3. Crop Scouting
8.2.3.1.4. Field Mapping
8.2.3.1.5. Weather Tracking & Forecasting
8.2.3.1.6. Inventory Management
8.2.3.1.7. Others
8.2.3.2. Livestock Monitoring Application
8.2.3.2.1. Harvesting
8.2.3.2.2. Breeding Management
8.2.3.2.3. Feeding Management
8.2.3.2.4. Animal Comfort Management
8.2.3.2.5. Others.
8.2.3.3. Smart Greenhouse Application
8.2.3.3.1. Water & fertilizer management
8.2.3.3.2. HVAC management
8.2.3.3.3. Yield monitoring
8.2.3.3.4. Others
8.2.4. By Country
8.2.4.1. China
8.2.4.2. India
8.2.4.3. Japan
8.2.4.4. Australia
8.2.4.5. Rest of Asia Pacific
8.2.5. Manufacturer & Distributor List (Top 5)
8.2.6. Company Market Share (Top 3-5)
8.2.7. Economic Impact Study on Asia Pacific Smart Agriculture Market
9. South America Smart Agriculture Market Overview
9.1. South America Smart Agriculture Market Size & Forecast, 2016-2027
9.1.1. Demand
9.1.1.1. By Value (USD Million)
9.2. South America Smart Agriculture Market Share & Forecast, 2016-2027
9.2.1. By Offering
9.2.1.1. Hardware
9.2.1.2. Software
9.2.1.3. Service
9.2.2. By Agriculture Type
9.2.2.1. Precision Farming
9.2.2.2. Livestock Monitoring
9.2.2.3. Precision Aquaculture
9.2.2.4. Smart Greenhouse
9.2.2.5. Precision Forestry
9.2.2.6. Others
9.2.3. By Application
9.2.3.1. Precision Farming Application
9.2.3.1.1. Irrigation Management
9.2.3.1.2. Yield Monitoring
9.2.3.1.3. Crop Scouting
9.2.3.1.4. Field Mapping
9.2.3.1.5. Weather Tracking & Forecasting
9.2.3.1.6. Inventory Management
9.2.3.1.7. Others
9.2.3.2. Livestock Monitoring Application
9.2.3.2.1. Harvesting
9.2.3.2.2. Breeding Management
9.2.3.2.3. Feeding Management
9.2.3.2.4. Animal Comfort Management
9.2.3.2.5. Others.
9.2.3.3. Smart Greenhouse Application
9.2.3.3.1. Water & fertilizer management
9.2.3.3.2. HVAC management
9.2.3.3.3. Yield monitoring
9.2.3.3.4. Others
9.2.4. By Country
9.2.4.1. Brazil
9.2.4.2. Argentina
9.2.4.3. Rest of South America
9.2.5. Price-Point Analysis
9.2.6. Manufacturer & Distributor List (Top 5)
9.2.7. Company Market Share (Top 3-5)
9.2.8. Economic Impact Study on South America Smart Agriculture Market
10. Middle East & Africa Smart Agriculture Market Overview
10.1. Middle East & Africa Smart Agriculture Market Size & Forecast, 2016-2027
10.1.1. Demand
10.1.1.1. By Value (USD Million)
10.2. Middle East & Africa Smart Agriculture Market Share & Forecast, 2016-2027
10.2.1. By Offering
10.2.1.1. Hardware
10.2.1.2. Software
10.2.1.3. Service
10.2.2. By Agriculture Type
10.2.2.1. Precision Farming
10.2.2.2. Livestock Monitoring
10.2.2.3. Precision Aquaculture
10.2.2.4. Smart Greenhouse
10.2.2.5. Precision Forestry
10.2.2.6. Others
10.2.3. By Application
10.2.3.1. Precision Farming Application
10.2.3.1.1. Irrigation Management
10.2.3.1.2. Yield Monitoring
10.2.3.1.3. Crop Scouting
10.2.3.1.4. Field Mapping
10.2.3.1.5. Weather Tracking & Forecasting
10.2.3.1.6. Inventory Management
10.2.3.1.7. Others
10.2.3.2. Livestock Monitoring Application
10.2.3.2.1. Harvesting
10.2.3.2.2. Breeding Management
10.2.3.2.3. Feeding Management
10.2.3.2.4. Animal Comfort Management
10.2.3.2.5. Others.
10.2.3.3. Smart Greenhouse Application
10.2.3.3.1. Water & fertilizer management
10.2.3.3.2. HVAC management
10.2.3.3.3. Yield monitoring
10.2.3.3.4. Others
10.2.4. By Country
10.2.4.1. Saudi Arabia
10.2.4.2. UAE
10.2.4.3. South Africa
10.2.4.4. Rest of Middle East & Africa
10.2.5. Manufacturer & Distributor List (Top 5)
10.2.6. Company Market Share (Top 3-5)
10.2.7. Economic Impact Study on Middle East & Africa Smart Agriculture Market
11. Competitor Analysis
11.1. Company Description
11.2. Financial Analysis
11.3. Key Products
11.4. Key Management Personnel
11.5. Contact Address
11.6. SWOT Analysis
11.7. Company Profile
11.7.1. Deere & Company
11.7.2. Trimble, Inc.
11.7.3. Topcon Positioning Systems
11.7.4. DeLaval
11.7.5. Heliospectra
11.7.6. Antelliq
11.7.7. Afimilk Ltd.
11.7.8. AKVA group
11.7.9. InnovaSea Systems
11.7.10. LumiGrow
11.7.11. AG Leader Technology
11.7.12. Raven Industries
11.7.13. AgJunction
11.7.14. The Climate Corporation
11.7.15. Nedap NV
11.7.16. BouMatic
11.7.17. Fancom BV
11.7.18. Aquabyte
11.7.19. Other Prominent Players

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