Smart Farming Market Overview & Potential Growth Opportunities Report To 2023 | Key Players: John Deere, Trimble, Raven Industries, & Agco Corporation: Radiant Insights, Inc.
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Smart farming market could be explored based on a solution as Agriculture Asset Management, Network Management, Supervisory Control, and Data Acquisition, Smart Water Management, Logistics and Supply Chain Management, and Others. The "Network Management" segment accounts for a prominent share in the market. It is likely to witness substantial growth in the years to come. Smart farming industry could be explored based on the application as Livestock Monitoring, Precision Agriculture, Smart Greenhouse, Fish Farming and Others.
Smart farming market is categorized based on geography into North America, Latin America, Japan, Middle East and Africa, Western Europe, Asia Pacific, and Eastern Europe. North America is a leading region in the market. It is likely to maintain its dominance in the forecast period owing to factors, such as to develop the crop yield and increasing investments by governments for research activities in order to minimize the human contribution. North America is followed by Europe and Asia-Pacific region owing to increasing contribution from China and India.
Key players operating in the smart farming market include Raven Industries Ltd., TeeJet Technologies, AgJunction Inc., Trimble Navigation Ltd., SST Development Group Inc., Deere & Co., Ag Leader Technology, Hexagon AB, and Iteris Inc. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
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