How Connected Agriculture Is Changing the Way Farmers To Grow Food?

Connected Agriculture

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Connected agriculture assists the farmers on the tactics to use different methods, tools, pesticides, fertilizer, machinery, and other equipment increase productivity. Use of connected agriculture in farming activities also supports the farmers to increase their income level. With an aim to improve the level of farm yield while reducing labor wages is driving the connected agriculture market in a current scenario.

Some of the key players influencing the connected agriculture market are Accenture Plc, Ag Leader Technology, Decisive Farming, Epicor Software Corporation, IBM Corporation, Link Labs, Microsoft Corporation, Orange Business Services, Trimble Inc., and Vodafone Group Plc among others.

Key Benefits –

-To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global connected agriculture Market
-To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).

However, due to limited awareness of connected agriculture technology introduced by IT industries for farmers, is one of a restraining factor responsible for creating barriers in the growth of connected agriculture market. Nevertheless, use of the internet for rural development including agriculture is expected to result in a prominent increase in social and economic benefits for the rural people which would nurture the connected agriculture market in the forthcoming period.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global connected agriculture market based on component, solution, application, and platform. It also provides market size and forecast till 2027 for overall connected agriculture market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

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The "Global connected agriculture market Analysis to 2027" is a specialized and in-depth study of the connected agriculture industry with a focus on the global market trend. The report aims to provide an overview of global connected agriculture market with detailed market segmentation on the basis of component, solution, application, platform, and geography. The global connected agriculture market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading connected agriculture market players and offers key trends and opportunities in the market.

Source:- The Insight Partners

Can Artificial Intelligence Help To Improve Agricultural Productivity?

Artificial Intelligence In Agriculture

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AI having applications in various sectors including agriculture has completely transformed the approaches of the agriculture market. AI in Agriculture helps the farmers in examining weather, soil, and field data to improve farming operations and crop productivity. AI in the agriculture market seems to be driven by the Internet of Things (IoT) due to its ability to revolutionize and transform current farming methods to a new level. Although, collecting accurate field data requires high initial investments which may hamper the growth of AI in the agriculture market.

Some of the key players influencing the market are Ag Leader Technology, Trimble Inc., Agribotix LLC, Granular, Inc., SAP, Mavrx Inc., PrecisionHawk, aWhere, IBM, and Prospera Technologies among others.

Key Benefits –

-To provide detailed information regarding the major factors (drivers, restraints, opportunities, challenges, and trends) influencing the growth of the global Artificial Intelligence in Agriculture Market
-To forecast the size of the market segments with respect to four major regional segments, namely, North America, Europe, Asia Pacific, and the Rest of the World (Latin America and the Middle East & Africa).

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Artificial Intelligence in Agriculture based on by type, component, and application. It also provides market size and forecast till 2025 for overall Artificial Intelligence in Agriculture with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 16 counties globally along with current trend and opportunities prevailing in the region.

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The “Global Artificial Intelligence in Agriculture Analysis to 2025” is a specialized and in-depth study of the Artificial Intelligence in Agriculture industry with a focus on the global market trend. The report aims to provide an overview of global Artificial Intelligence in Agriculture with detailed market segmentation by type, component, application, and geography. The global Artificial Intelligence in Agriculture is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

Source:- The Insight Partners

Smart Agriculture Is Being Improved By the Artificial Intelligence

Smart Agriculture

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Along with the rising trend of globalization, the people are getting more educated regarding healthy diet and thus the food and beverages industry is experiencing a sturdy shift in the food consumption pattern. More number of people today, have started including non-vegetarian food produces, which is subsequently leading to rising demand for smart agriculture market.

Some of the key players of smart agriculture market include AGCO Corporation, Ag Junction Inc., AG Leader Technology, Deere & Company, Raven Industries, Inc., Semiosbio Technologies Inc., SST Development Group, Inc., Teejet Technologies, Topcon Precision Agriculture and Trimble Navigation Limited, among others.

Global smart agriculture market has been categorized by Product type majorly into three categories; hardware, software and services. The hardware segment further comprises of sensors based monitoring system, smart detection systems, GPS enabled ranging system and drones. Whereas the services segment comprises of supply chain management, climate information and other (System Integration, Maintenance and Consulting Service). The software and services market is expected to witness highest growth rates, whereas the hardware segment is expected to grow at a moderate growth rate. 

Key trend which will predominantly effect the smart agriculture market in coming year is upcoming technological advancement in this field. It is predicted that the upcoming technological advancements in this industry would enable the farmers to regulate the requirements of a crop at any explicit location and instant in a way that will be increasingly accurate, and from a distance. The companies that survive in the ecosystem would be on account of innovations and to support the development and adoption of smart agriculture techniques. The future technological advancement in the smart agriculture is expected to ease out the lengthy procedures involved in crop production and also support in making the supply chain of smart agriculture market more effective. The needs and wants of customer increase each passing day and to meet such rapidly increasing demands, it has become very important to adopt technologies that provide better result in less time and cost.

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The overall Smart agriculture market size has been derived using both primary and secondary source. The Smart agriculture market research process begins with an exhaustive secondary research using internal and external sources to obtain qualitative and quantitative information related to the market. Also, primary interview were conducted with industry participants and commentators in order to validate data and analysis. The participants who typically take part in such a process include industry expert such as VPs, business development managers, market intelligence managers and national sales managers, and external consultant such as valuation experts, research analysts and key opinion leaders specializing in the Smart agriculture market.

Source: The Insight Partners