The Connected Agriculture Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

Learn More On The Connected Agriculture Market:
https://www.thebusinessresearchcompany.com/report/connected-agriculture-global-market-report

In the realm of Connected Agriculture, meticulously analyzed by The Business Research Company, the market has witnessed a rapid and dynamic expansion. Surging from $3.1 billion in 2023 to an anticipated $3.63 billion in 2024, the market showcases a remarkable compound annual growth rate (CAGR) of 16.9%. This robust expansion during the historic period is underpinned by multifaceted factors, including the burgeoning global population, an increasing demand for sustainable agricultural practices, proactive government initiatives and subsidies, the impact of climate change, the variability of weather patterns, and the globalization of agriculture markets, coupled with substantial improvements in connectivity infrastructure.

Looking ahead, the Connected Agriculture market is poised for rapid growth, reaching an estimated valuation of $6.53 billion in 2028, reflecting a notable CAGR of 15.8%. This anticipated surge in the forecast period is attributed to key factors such as a heightened focus on soil health monitoring, concerted efforts to bridge the digital divide in agriculture, a pronounced emphasis on yield optimization, initiatives for environmental conservation, and the widespread adoption of smart irrigation systems. Salient trends in this envisaged period encompass the widespread adoption of Internet of Things (IoT) technologies, the integration of precision farming practices, the utilization of drones and Unmanned Aerial Vehicles (UAVs), the proliferation of smart irrigation systems, the implementation of farm management software, the emergence of agri-tech startups, and the integration of telematics in equipment monitoring. This confluence of factors not only underscores the pivotal role of Connected Agriculture in the modern agricultural landscape but also positions it as a catalyst for technological innovation and sustainable practices in global food production.

Increasing demand for crops is expected to propel the growth of the connected agriculture market going forward. Crops, in agriculture, refer to a plant or plant product that can be widely cultivated and harvested for income or dietary needs. Connected agriculture helps boost crop yields from existing land by tracking, evaluating, controlling, and ultimately enhancing crucial agricultural processes at all points in the farming cycle. For instance, India sets the target for total food grain production at 328 million tonnes for the years 2022–23, compared to 316 million tonnes of total food grain production in 2021–22. Therefore, increasing demand for crops will drive the growth of the connected agriculture market.

Get A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample.aspx?id=7914&type=smp

The connected agriculture market covered in this report is segmented –
1) Connected Agriculture Market By Component: Solution, Platforms, Services
2) Connected Agriculture Market By Platform: Device Management, Application Enablement, Connectivity Management
3) Connected Agriculture Market By Application: Farm Planning And Management, Smart Logistics, Agriculture Finance, Smart Irrigation

Technological advancements have emerged as a key trend gaining popularity in the connected agriculture market. Major companies operating in the connected agriculture market are focused on innovating new technologies to sustain their position in the market. For instance, in January 2021, John Deere, a US-based manufacturer of agricultural machinery and heavy equipment introduced "Work Planner" as a centralized tool to its operations center platform. As part of the most recent updates to John Deere's Digital Ecosystem, the 'Work Planner' software is being made available online. For the operator, this means that as soon as they pull into a paddock, a pop-up window on the Generation 4 Command Center opens with the work plan for that field, and they may start collecting data by clicking one button. Work Planner enables users to monitor equipment and fieldwork from anywhere using the Operations Center mobile app.

The connected agriculture market report table of contents includes:

1. Executive Summary

2. Connected Agriculture Market Characteristics

3. Connected Agriculture Market Trends And Strategies

4. Connected Agriculture Market - Macro Economic Scenario

5. Global Connected Agriculture Market Size and Growth

......

31. Global Connected Agriculture Market Competitive Benchmarking

32. Global Connected Agriculture Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Connected Agriculture Market

34. Connected Agriculture Market Future Outlook and Potential Analysis

35. Appendix

Read Related Reports:

https://www.thebusinessresearchcompany.com/report/connected-health-and-wellness-solutions-global-market-report

https://www.thebusinessresearchcompany.com/report/agriculture-sensor-global-market-report

https://www.thebusinessresearchcompany.com/report/connected-healthcare-global-market-report

Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]

Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model