Quick Summary:
In an industry where data-driven decision-making is paramount, the global Internet of Things (IoT) in Agriculture market presents countless opportunities. But to harness these opportunities effectively, deep and insightful knowledge about the market dynamics, key players and future forecasts is critical. Our comprehensive latest report provides unrivaled insights into a market projected to reach a remarkable size of US$28 Billion by 2030.
The report dives into analysis including details such as the growing significance of Software, forecasted to reach US$11.3 Billion by 2030. Also, it provides insights into the performance of key geographic markets like the US, China, Japan, Canada, and Germany. It elucidates on the strategies and performance of industry leaders like Agco Corporation and John Deere. Effectively navigate this promising market and stay ahead of the competition with our extensive and exclusive coverage. Stay updated to the pulse of the market, identify opportunities, and make informed decisions – all these advantages wrapped into one comprehensive report.
Global Internet of Things (IoT) in Agriculture Market to Reach $28 Billion by 2030
The global market for Internet of Things (IoT) in Agriculture estimated at US$15.2 Billion in the year 2022, is projected to reach a revised size of US$28 Billion by 2030, growing at a CAGR of 7.9% over the analysis period 2022-2030. Software, one of the segments analyzed in the report, is projected to record 9.3% CAGR and reach US$11.3 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Automation & Control Systems segment is readjusted to a revised 7.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $4.5 Billion, While China is Forecast to Grow at 7.1% CAGR
The Internet of Things (IoT) in Agriculture market in the U.S. is estimated at US$4.5 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.8 Billion by the year 2030 trailing a CAGR of 7.1% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.4% and 5.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5.8% CAGR.Select Competitors (Total 87 Featured) -
- Agco Corporation
- Agjunction
- Antelliq
- Cropmetrics
- Deere and Company
- Delaval (Subsidiary of Tetra Laval International, S.A.)
- Dickey-John
- DJI
- GEA Group
- Granular
- Hexagon Agriculture
- Komatsu Forest
- Ponsse
- Precisionhawk
- Raven Industries
- Teejet Technologies
- Tigercat
- Topcon Positioning Systems
- Tree Metrics
- Trimble Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Internet of Things (IoT) in Agriculture?
What is the growth rate of the Global Market for Internet of Things (IoT) in Agriculture?
What is the forecasted size of the Global Market for Internet of Things (IoT) in Agriculture?
Who are the key companies in the Global Market for Internet of Things (IoT) in Agriculture?
| Report Attribute | Details |
|---|---|
| No. of Pages | 116 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 15.2 Billion |
| Forecasted Market Value ( USD | $ 28 Billion |
| Compound Annual Growth Rate | 7.9% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Agco Corporation
- Agjunction
- Antelliq
- Cropmetrics
- Deere and Company
- Delaval (Subsidiary of Tetra Laval International, S.A.)
- Dickey-John
- DJI
- GEA Group
- Granular
- Hexagon Agriculture
- Komatsu Forest
- Ponsse
- Precisionhawk
- Raven Industries
- Teejet Technologies
- Tigercat
- Topcon Positioning Systems
- Tree Metrics
- Trimble Inc.
