Press Releases
 
Global Smart Agriculture Market 2023 - Key Global Trends & Growth

India, 9 August 2018 -- Bharat Book Bureau Provides the Trending Market Research Report on "Smart Agriculture Market by Agriculture Type, Hardware, Software, Services, Application, and Geography - Global Forecast to 2023" (https://www.bharatbook.com/MarketReports/Smart-Agriculture-Market-by-Agriculture-Type-Precision-Farming-Livestock-Monitoring-Fish-Farming-Smart-Greenhouse-Hardwa/749975) under Consumer Goods Category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

Smart agriculture market anticipated to grow at a CAGR of 12.39% from 2018 to 2023
The Smart Agriculture Market is estimated to be worth USD 7.53 billion in 2018 and is projected to reach USD 13.50 billion by 2023, at a CAGR of 12.39% between 2018 and 2023. Major factors contributing to the growth of the smart agriculture market include the increasing adoption of advanced technologies in various agriculture applications such as precision farming, smart green house, livestock monitoring, and fish farm monitoring. Farmers or growers across the globe are increasingly adopting advanced farming devices and equipment such as steering and guidance technology, sensors, display devices, and farm management software. Major restraints for the smart agriculture market include high initial investment and the lack of technical knowledge among farmers. Smart agriculture requires large initial investment, efficient farming tools, and skilled labor. Major restraining factors for the growth of the smart agriculture market include high initial investments and the lack of technical awareness among growers.

Fish farming applications expected to grow at the highest CAGR during the forecast period
The increasing demand for fleet navigation and fish tracking services is the major reason behind the high growth of smart agriculture market in fish farm monitoring. Furthermore, as the world population is expected to reach 9 billion by 2050, demand for aquaculture products will play a key role in ensuring food and nutrition security as the increased demand for food will challenge fish production in the future. Smart agriculture pertaining to fish farming involves the use of techniques and tools such as sensors, GPS, and mobile phones to improve productivity. The implementation of smart technologies in fish farming helps monitor feeding patterns, detect diseases in fish in advance, control water quality, combat illegal fishing, and so on. The GPS technology is used in fishing fleets to navigate efficient fishing locations and track fish migration, among others.

Smart agriculture market in APAC to grow at a significant rate during 2018–2023
APAC is one of the prospective markets for smart agriculture. This region has large farmlands and is witnessing a high population growth rate. APAC also has a huge regional spread, which comprises China, Japan, India, Australia, and South Korea, among others. The smart agriculture market in APAC is in an early stage of adoption life cycle and is expected to grow at a double-digit rate between 2018 and 2023. In APAC, countries specifically India, Australia, China, and Japan are, currently, witnessing high growth rate and hold a major share of the smart agriculture market in APAC.

Request a free sample copy of Smart Agriculture Market Report @ https://www.bharatbook.com/MarketReports/Sample/Reports/749975

The breakup of primaries conducted during the study is depicted below:
• By Company Type: Tier 1 – 35 %, Tier 2 – 40%, and Tier 3 – 25%
• By Designation: C-Level Executives – 57%, Directors – 29%, and Others – 14%
• By Region: Americas – 40%, Europe – 30%, APAC – 20%, and RoW – 10%

Key players operating in the smart agriculture market are Deere & Company (US), (Trimble) (US), AGCO (US), AgJunction (US), Raven Industries (US), AG Leader Technology (US), DeLaval (Sweden), GEA Group (Germany), Precision Planting (US), SST Development Group (US), Teejet Technologies (US), Topcon Positioning Systems (US), DICKEY-john Corporation (US), CropMetrics (US), Agribotix (US), and The Climate Corporation (US).

Research Coverage
This report covers the smart agriculture market based on offering, type, application, and region. The smart agriculture market based on offering has been segmented into hardware, software, and services. On the basis of type, the smart agriculture market has been segmented into precision farming, livestock monitoring, fish farm monitoring, smart greenhouse, and others. On the basis of region, the smart agriculture market has been segmented into the Americas, Europe, APAC, and RoW.

Key Benefits of Buying This Report
• This report includes the market statistics pertaining to offering, application, type, and region, along with their respective market size.
• In-depth analysis of the value chain has been done to provide in-depth insight into the smart agriculture market.
• Major drivers, restraints, challenges, and opportunities pertaining to the smart agriculture market have been detailed in this report.
• Illustrative segmentation, analysis, and forecast for the market on the basis of offering, application, type, and region have been conducted to provide an overall view of the smart agriculture market.
• The report includes an in-depth analysis and ranking of key players.

Browse our full report with Table of Contents: https://www.bharatbook.com/MarketReports/Smart-Agriculture-Market-by-Agriculture-Type-Precision-Farming-Livestock-Monitoring-Fish-Farming-Smart-Greenhouse-Hardwa/749975

About Bharat Book Bureau:
Bharat Book is Your One-Stop-Shop with an exhaustive coverage of 4,80,000 reports and insights that includes latest Market Study, Industry Trends & Analysis, Forecasts & Customized Intelligence, Newsletters and Online Databases. Overall a comprehensive coverage of major industries with a further segmentation of 100+ subsectors.

# # #


Media Contacts:
Bharat Book Bureau
Tel: +91 22 27810772 / 27810773
Email:
Website: http://www.bharatbook.com

Follow us on: Twitter, Facebook, LinkedIn, Google Plus

Submitted by Bharat Book, Bharat Book Bureau on Thursday, 9 August 2018 at 6:06 PM
Category: Consumer Technology
 
Related News

Global Mobile VAS Market To Show The Growth Factor 2018-2025
Friday, 17 Aug 2018

Future Electronics Signs Worldwide Franchise Agreement with Inventek
Friday, 17 Aug 2018

Robert Miller Congratulates Future Electronics for Winning Epson’s 2017 Design Registrations A
Thursday, 16 Aug 2018

Improve Web Presence & Increase Engagement With Instant Videos Using EsyVid From Akbar Shahnoei
Wednesday, 15 Aug 2018

Dan Green Best Price For VideoMate Website Development Monetization & Marketing Automation Tool Anno
Wednesday, 15 Aug 2018

Related Events

Argus LiCoNi 2018
Tuesday, 28 Aug 2018

ConverCon The Conversational Interface Conference Dublin 2018
Thursday, 6 Sep 2018

Concealed Carry Permit Class at Cabela's - Augusta
Sunday, 9 Sep 2018

Predictive Analytics World for Government
Monday, 17 Sep 2018

Chronicle Chats: New Technology – Is it time to opt out?
Monday, 17 Sep 2018

Latest News

Know How Legal Case Management System Benefit A Law Firm
Monday, 20 Aug 2018

Play A Poker Online With ABCTO To 88
Sunday, 19 Aug 2018

service GSM
Sunday, 19 Aug 2018

Winters are Approaching- Go For Boiler Repair Service
Sunday, 19 Aug 2018

free job posting website
Sunday, 19 Aug 2018

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2018
Today is Monday, 20 August 2018

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • 13th European Nitrogen Fixation Conference (ENFC)
  • XXIII World Congress on Parkinson's Disease and Related Disorders
  • International Association for Plant Biotechnology, Dublin 2018
  • Gartner Catalyst Conference 2018, August 20-23, San Diego, CA
  • 43rd ACAD Conference, Thredbo Australia

  • Latest Jobs
    Sorry, there are currently no entries posted here.