The comprehensive Smart Farming Market report is generated with the best and advanced tools of collecting, recording, estimating and analysing market data. The report includes a range of inhibitors as well as driving forces of the market which are analysed in both qualitative and quantitative approach so that readers and users get precise information and insights about This industry. This business report gives market overview in terms of drivers, restraints, opportunities and challenges where each of this parameter is studied scrupulously. Being a wide-ranging market research report, Smart Farming Market report is sure to help grow business in several ways.

With the latest and updated market insights mentioned in the winning Smart Farming report, businesses can concentrate to enhance their marketing, promotional and sales strategies. This market research report uncovers the general market conditions, trends, inclinations, key players, opportunities, geographical analysis and many other parameters that helps drive business into right direction. All the data and statistics provided in this market report are backed up by latest and proven tools and techniques such as SWOT analysis and Porter's Five Forces Analysis. Smart Farming market report potentially presents with the numerous insights and business solutions that will help to stay ahead of the competition.

Smart Farming Market was valued at USD 12.80 billion in 2021 and is expected to reach USD 33.69 billion by 2029, registering a CAGR of 12.86% during the forecast period of 2022-2029. Livestock Monitoring accounts for the largest agriculture type segment in the respective market owing to the rise in consciousness regarding health of animals. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.

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List of the leading companies operating in the Smart Farming Market includes:

• Grownetics
• (US)
• Auroras s.r.l. (Italy)
• Granular, Inc. (San Francisco)
• TOPCON CORPORATION (Japan)
• The Climate Corporation (US)
• Farmers Edge Inc (Canada)
• DICKEY-john. (US)
• Conservis (US)
• Ag Leader Technology. (US)
• Raven Industries, Inc. (US)
• Iteris, Inc. (US)
• Reed Business Information Ltd (US)
• AgJunction (Canada)
• Trimble Inc. (US)

Smart Farming Market Analysis:

This Smart Farming Market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the Smart Farming market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

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Recent Developments

• DeLaval launched RC550 & RC700, a robot collector designed for solid floors in March’2021. These products enhance cow comfort and hoof condition. These robots are capable of handling manure without using additional water due to their unique rotary manure intake system.
• John Deere added a new Work Planner feature in January’2021 to help farmers in streamlining their work setup experience. They assist operators work more quickly in the field, and provides farmers with a holistic tool to manage their farms.

Smart Farming Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Use of Modern Technologies in Agricultural Products

The use of modern technologies such as variable rate technology (VRT), data management software, mapping software, yield mapping software, and GPS in agricultural products is one of the major factors driving the growth of smart farming market. These technologies improve land fertility and profitability, maximize productivity, reduce the cost of farming and facilitate sustainable agriculture.

• Availability of Low-Cost Sensors

The availability of various sensors such as load, temperature, and vibration accelerate the market growth. The on-going technological advancements in the semiconductor industry and intense competition among various manufacturers also drive the market growth.

• Concerns regarding Soil Erosion

The increase in the concerns regarding soil erosion encouraging farmers to adopt advanced agricultural technologies further influence the market. The status of soil condition plays a crucial role in decision making regarding sustainable soil management and appropriate land use that is acquired with the help of modern agricultural solutions.

Additionally, rapid urbanization, change in lifestyle, expansion of agricultural sector, surge in investments and increase in government initiatives positively impact the smart farming market.

Opportunities

Furthermore, use of unmanned aerial vehicles or drones in agricultural farms and popularity of land-based recirculating aquaculture systems extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, rise in focus on integration of smartphones with agricultural hardware and software applications will further expand the market.

Restraints/Challenges

On the other hand, high cost for development of modern agricultural equipment and fragmented agriculture industry are expected to obstruct market growth. Also, management of large volumes of data for productive decision making and environmental concerns are projected to challenge the smart farming market in the forecast period of 2022-2029.

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Global Smart Farming Market Segmentations:

Agriculture Type

Precision Farming

Livestock Monitoring

Fish Farming

Smart Greenhouse

Others

Software

Web Based

Cloud Based

Service

System Integration and Consulting

Support and Maintenance

Connectivity Services

Managed Services

Professional Services

Solution

Network Management

Agriculture Asset Management

Supervisory Control and Data Acquisition

Logistics and Supply Chain Management

Smart Water Management

Others

Application

Yield Monitoring

Field Mapping

Crop Scouting

Weather Tracking and Forecasting

Irrigation Management

Farm Labor Management

Financial Management

Feeding Management

Milk Harvesting

Breeding Management

Fish Tracking and Fleet Navigation

Water Quality Management

HVAC Management

Others

Smart Farming Market Country Level Analysis

The countries covered in the Smart Farming market report are South Africa, Saudi Arabia, U.A.E., Egypt, Israel, the Rest of Middle East and Africa, U.S., Canada, Mexico, Germany, U.K., France, Italy, Spain, Russia, Netherlands, Belgium, Switzerland, Turkey, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina and Rest of South America. North America dominates globally due to rising demand for advanced technologies and software design and development.

The country section of the report also provides individual market-impacting factors and market regulation changes that impact the market's current and future trends. Data points like downstream and upstream value chain analysis, technical trends, porter's five forces analysis, and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, the impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.

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Key Highlights of the Industry Report:

• Assessment of all opportunities and risk in the Smart Farming market
• Conclusive study about the growth of the market for forthcoming years
• In-depth understanding of market-particular drivers, constraints
• A complete picture of the competitive scenario of the Smart Farming market is depicted by this report.
• It provides historical and forecasts revenue of the market segments and sub-segments with respect to main geographies and their countries
• It also provides a complete assessment of the future market and the changing market scenario.
• Current and predictable size of the Smart Farming market from the perspective of both value and volume.

Table of Content: Global Smart Farming Market

1 Introduction

2 Market Segmentation

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Global Smart Farming Market, Agriculture Type

7 Global Smart Farming Market, Software

8 Global Smart Farming Market, By Service

9 Global Smart Farming Market, By Solution

10 Global Smart Farming Market Application

10 Global Smart Farming Market, By Region

11 Global Smart Farming Market, Company Landscape

12 Swot Analysis

13 Company Profile

14 Questionnaire

15 Related Reports

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