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Agriculture M2M - Global Market Trajectory & Analytics

  • ID: 4804485
  • Report
  • April 2021
  • Region: Global
  • 92 Pages
  • Global Industry Analysts, Inc
Global Agriculture M2M Market to Reach $28 Billion by 2027

Amid the COVID-19 crisis, the global market for Agriculture M2M estimated at US$2.5 Billion in the year 2020, is projected to reach a revised size of US$28 Billion by 2027, growing at a CAGR of 41.3% over the period 2020-2027.



The U.S. Market is Estimated at $757.2 Million, While China is Forecast to Grow at 38.9% CAGR

The Agriculture M2M market in the U.S. is estimated at US$757.2 Million in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$4.5 Billion by the year 2027 trailing a CAGR of 38.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 37.5% and 35.1% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 28.1% CAGR.

Select Competitors (Total 44 Featured):
  • Aeris Communications, Inc.
  • Argus Control Systems Ltd.
  • Davis Instruments
  • Elecsys Corporation
  • Eltopia Communications
  • John Deere
  • Kontron AG
  • Mahindra & Mahindra Ltd.
  • McCrometer, Inc.
  • Orange Business Services
  • SemiosBio Technologies Inc.
  • Telit Communications PLC
  • Trimble, Inc.
  • Turkcell Iletisim Hizmetleri AS
  • Tyro Remotes UK
  • Valley Irrigation
  • Verizon Communications, Inc.
  • Vodafone Group PLC
Frequently Asked Questions about the Global Market for Agriculture M2M

What is the estimated value of the Global Market for Agriculture M2M?

The Global Market for Agriculture M2M was estimated to be valued at $2.5 Billion in 2020.

What is the growth rate of the Global Market for Agriculture M2M?

The growth rate of the Global Market for Agriculture M2M is 41.2%, with an estimated value of $28.0 Billion by 2027.

What is the forecasted size of the Global Market for Agriculture M2M?

The Global Market for Agriculture M2M is estimated to be worth $28.0 Billion by 2027.
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I. METHODOLOGY
II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Impact of Covid-19 and a Looming Global Recession
  • Growing Need to Improve Farming Efficiency Results in Rising Adoption of M2M Technology in Agricultural Activities
  • Applications of Agriculture M2M Technology
  • Exhibit 1: Agriculture M2M Market: Percentage Market Share Breakdown by Application for Developed and Developed Regions
  • North America and Europe Witness Growing Adoption of Agriculture M2M Technology
  • Competition
  • Leading Vendors in the Global Agriculture M2M Market
  • Rapidly Growing M2M Market Presents Opportunities for Adoption in Agriculture Industry
  • Exhibit 2: Machine to Machine (M2M) Connections Worldwide in Billions for the Period 2014-2021
  • Rising Concerns Over Food Security Drive Adoption of M2M to Improve Agricultural Yield and Efficiency
  • Exhibit 3: Global Agricultural Output: Sources of Growth of Output for the Period 1961-70 to 2001-14
  • Exhibit 4: Agricultural Land as % of Total Land Area Worldwide for the Period 1961-2016
  • M2M Technology Enables Industrialization of Agricultural Operations
  • IoT Revolutionizing the Farming Sector
  • Cellular M2M in Agriculture Sector: An Overview
  • Exhibit 5: Cellular M2M Connections in Agriculture Industry (in Million) in Select Countries
  • Expanding Cellular M2M Connectivity Augurs Well for Agri M2M Market
  • Exhibit 6: Growing Number of Cellular M2M Connections Present Opportunity for M2M Adoption in Agriculture Industry: Number of Cellular M2M Connections Worldwide in Millions for the Years 2010 through 2020
  • Satellite Technology Transforms Agricultural Activity
  • Satellite M2M/IoT Market Progress Augurs Well for its Adoption in Farming Sector
  • Exhibit 7: Global Satellite M2M/IoT Market: Revenues in US$ Million for the Years 2017, 2019, 2021, 2023 and 2025
  • Exhibit 8: Global M2M/IoT Satellite Market: Percentage Breakdown of Revenues by Vertical for the Year 2025
  • Unique Capabilities Facilitate Expansion of Satellite M2M into Agriculture Sector
  • An Insight into IoT Application in Agriculture and Smart Farming
  • Smart Farming: Leveraging Capabilities of M2M to Improve Crop Yield
  • Product Overview
  • What is M2M?
  • Agriculture M2M: An Introduction
  • Applications and Use Cases of M2M in Agriculture
  • Recent Industry Activity
  • John Deere Acquires Blue River Technology
  • AGCO Partners with Solinftec for Digital Agriculture Solutions
  • Table 1: World Current & Future Analysis for Agriculture M2M by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for Agriculture M2M by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027

III. MARKET ANALYSIS
  • Table 3: USA Current & Future Analysis for Agriculture M2M by Segment - Agriculture M2M - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 4: Canada Current & Future Analysis for Agriculture M2M by Segment - Agriculture M2M - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 5: Japan Current & Future Analysis for Agriculture M2M by Segment - Agriculture M2M - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 6: China Current & Future Analysis for Agriculture M2M by Segment - Agriculture M2M - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 7: Europe Current & Future Analysis for Agriculture M2M by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2020 through 2027 and % CAGR
  • Table 8: Europe 7-Year Perspective for Agriculture M2M by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
  • Table 9: France Current & Future Analysis for Agriculture M2M by Segment - Agriculture M2M - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 10: Germany Current & Future Analysis for Agriculture M2M by Segment - Agriculture M2M - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 11: Italy Current & Future Analysis for Agriculture M2M by Segment - Agriculture M2M - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 12: UK Current & Future Analysis for Agriculture M2M by Segment - Agriculture M2M - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 13: Rest of Europe Current & Future Analysis for Agriculture M2M by Segment - Agriculture M2M - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 14: Asia-Pacific Current & Future Analysis for Agriculture M2M by Segment - Agriculture M2M - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR
  • Table 15: Rest of World Current & Future Analysis for Agriculture M2M by Segment - Agriculture M2M - Independent Analysis of Annual Sales in US$ Thousand for the Years 2020 through 2027 and % CAGR

IV. COMPETITION
  • Total Companies Profiled: 44
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