Connected Agriculture Global Market Report 2023
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Market Size, Trends and Global Forecast 2023-2032
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Market Size, Trends and Global Forecast 2023-2032
Connected agriculture refers to the use of digital technologies and the Internet in agriculture, and it is software that aids in setting up, controlling, and keeping track of Internet of Things (IoT) gadgets used in farming operations. Connected agriculture is used for the coordination of the many automated processes as well as the collection of all farm data, which is then analyzed by a centralized system to alert the farmer to potential threats or just for guidance.
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The global connected agriculture market size is expected to grow from $2.64 billion in 2022 to $3.13 billion in 2023 at a compound annual growth rate (CAGR) of 18.4%. The connected agriculture market size is expected to grow to $5.91 billion in 2027 at a CAGR of 17.2%.
Drivers Trends
Increasing demand for crops is expected to propel the growth of the connected agriculture market
Technological advancements have emerged as a key trend gaining popularity in the connected agriculture market.
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The report covers the connected agriculture market’s segmentsBy Platform
By ComponentSolutions, Platforms, Services
Device Management, Application Enablement, and Connectivity Management
By Application
Farm Planning And Management, Smart Logistics, Agriculture
Finance, Smart Irrigation
1. Measure the impact of high global inflation on market growth
2. Market sizing information from 2017 to 2023 and forecasted to 2032
3. Assess the Russia-Ukraine war’s impact on commodity supply and its direct and indirect impact on all the markets
4. Understand how the market has been impacted by the COVID19 pandemic
5. Gain a truly global perspective with the most comprehensive report available on the market covering 60+ geographies
6. Create regional and country strategies on the basis of local data and analysis
7. Identify growth segments for investment
8. Outperform competitors using forecast data and the drivers and trends shaping the market
9. Understand customers based on the latest market shares
10.Benchmark performance against key competitors
11.And more