Press release
Smart Farming Market is Forecasted to Reach CAGR of12.86% , Size, Share, Trends, Development Strategies, Competitive Scenario and Segmentation Analysis
" Smart Farming Market Global Smart Farming Market, By Agriculture Type (Precision Farming, Livestock Monitoring, Fish Farming, Smart Greenhouse, and Others), Software (Web Based and Cloud Based), Service (System Integration and Consulting, Support and Maintenance, Connectivity Services, Managed Services, and Professional Services), Solution (Network Management, Agriculture Asset Management, Supervisory Control and Data Acquisition, Logistics and Supply Chain Management, Smart Water Management, and Others), Application (Yield Monitoring, Field Mapping, Crop Scouting, Weather Tracking and Forecasting, Irrigation Management, Farm Labour Management, Financial Management, Feeding Management, Milk Harvesting, Breeding Management, Fish Tracking and Fleet Navigation, Water Quality Management, HVAC Management, and Others) - Industry Trends and Forecast to 2031.Smart Farming Market Industry Trends and Forecast to 2031
What are the projected market size and growth rate of the Smart Farming Market?
Data Bridge Market Research analyses that the Global Smart Farming Market which was USD 16.3 Billion in 2023 is expected to reach USD 42.92 Billion by 2031 and is expected to undergo a CAGR of 12.86% during the forecast period of 2023 to 2031
Get a Sample PDF of Report - https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-smart-farming-market
Which are the top companies operating in the Smart Farming Market?
The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Smart Farming Market extension. This Global Smart Farming Market report provides the information of the Top 10 Companies in Smart Farming Market in the market their business strategy, financial situation etc.
**Smart Farming Market Analysis 2024**
- The smart farming market is expected to witness significant growth by 2024, driven by the increasing adoption of precision agriculture techniques to enhance productivity and efficiency in farming operations. Advancements in technology such as Internet of Things (IoT), artificial intelligence, and data analytics are revolutionizing the agriculture sector, enabling farmers to make data-driven decisions for better crop management. The integration of drones and sensors for real-time monitoring of crops, soil, and livestock is poised to transform traditional farming practices.
**Smart Farming Market Analysis 2031**
- Moving into 2031, the smart farming market is projected to experience robust growth, fueled by the escalating global population and the need to ensure food security. Smart farming solutions offer sustainable practices by optimizing resource utilization, minimizing waste, and reducing environmental impact. The development of smart irrigation systems, automated machinery, and smart greenhouses will play a vital role in modernizing agriculture operations for increased productivity and profitability. The advent of blockchain technology in agriculture will further enhance traceability and transparency in the supply chain.
**Market Players**
- Some of the key players in the smart farming market include:
- Deere & Company
- Trimble Inc.
- AGCO Corporation
- Raven Industries, Inc.
- AG Leader Technology
- PrecisionHawk
- Topcon Positioning Systems
- Trimble Navigation
- DroneDeploy
- The Climate Corporation
https://www.databridgemarketresearch.com/reports/global-smart-farming-marketThe smart farming market is poised for exponential growth in the coming years as the agricultural industry continues to embrace digital transformation and innovative technologies. One of the key driving factors behind this growth is the increasing awareness among farmers about the benefits of adopting smart farming practices. By leveraging advanced technologies like IoT, AI, and data analytics, farmers are able to optimize their operations, improve decision-making processes, and ultimately increase their overall productivity and efficiency.
Furthermore, the escalating global population and the subsequent rise in food demand are compelling agricultural stakeholders to seek more sustainable and efficient farming methods. Smart farming solutions provide a pathway towards achieving this goal by enabling precision agriculture techniques that focus on maximizing resource utilization while minimizing waste and environmental impact. The deployment of smart irrigation systems, automated machinery, and intelligent greenhouses are instrumental in modernizing traditional farming practices and enhancing crop yields.
In addition to on-farm applications, the integration of blockchain technology into the agricultural supply chain is set to revolutionize transparency and traceability. By recording transactions in an immutable and decentralized ledger, blockchain ensures that crucial data related to the sourcing, production, and distribution of agricultural products can be securely tracked and verified. This not only enhances the credibility of food products but also helps in building consumer trust and confidence in the safety and quality of the produce.
The key market players in the smart farming sector are continuously innovating and investing in research and development to stay ahead in this rapidly evolving industry. Companies like Deere & Company, Trimble Inc., AGCO Corporation, and Raven Industries, Inc. are at the forefront of developing cutting-edge solutions that cater to the diverse needs of modern farmers. Collaborations and partnerships between technology providers and agricultural experts are also driving innovation and accelerating the adoption of smart farming practices across the globe.
As the smart farming market continues to evolve, it is essential for industry stakeholders to stay abreast of the latest trends, regulations, and technological advancements. By embracing a holistic approach that encompasses data-driven decision-making, sustainability, and innovation, the future of agriculture**Market Players:**
- Grownetics, Inc. (U.S.)
- Auroras s.r.l. (Italy)
- Granular, Inc. (San Francisco)
- TOPCON CORPORATION (Japan)
- Climate LLC. (U.S.)
- Farmers Edge Inc (Canada)
- DICKEY-john. (U.S.)
- Conservis, a division of Traction Ag Inc. (U.S.)
- Ag Leader Technology. (U.S.)
- Raven Industries, Inc. (U.S.)
- Iteris, Inc. (U.S.)
- Reed Business Information Ltd (U.S.)
- AgJunction (Canada)
- Trimble Inc. (U.S.)
- Deere & Company. (U.S.)
- Mothive (U.S.)
- CropX inc. (U.S.)
- Ceres Imaging, Inc (U.S.)
- GAMAYA (Switzerland)
- AgriData Incorporated (U.S.)
- AgEagle Aerial Systems Inc. (U.S.)
- Aker Solutions (Norway)
The smart farming market is poised for significant expansion in the coming years, driven by the growing adoption of precision agriculture techniques and advanced technologies. With the increasing global population and the imperative to enhance food security, the demand for smart farming solutions is expected to rise substantially. Smart farming practices enable farmers to optimize resource utilization, reduce waste, and minimize environmental impact, thereby fostering sustainable agricultural practices. The integration of cutting-edge technologies like IoT, artificial intelligence
Explore Further Details about This Research Smart Farming Market Report https://www.databridgemarketresearch.com/reports/global-smart-farming-market
Browse More Reports:
"
Data Bridge Market Research
US: +1 614 591 3140
UK: +44 845 154 9652
APAC : +653 1251 975
Email:� corporatesales@databridgemarketresearch.com
About Data Bridge Market Research:
An absolute way to forecast what future holds is to comprehend the trend today!
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavours to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process. Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune.
Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Smart Farming Market is Forecasted to Reach CAGR of12.86% , Size, Share, Trends, Development Strategies, Competitive Scenario and Segmentation Analysis here
News-ID: 3608707 • Views: …
More Releases from Data Bridge Market Research
Aluminium Collapsible Tubes Market
Introduction
Aluminium collapsible tubes are cylindrical containers made from aluminium, commonly used for packaging various products like pharmaceuticals, cosmetics, personal care products, and food items. These tubes are designed to be squeezed, which allows the user to dispense the product inside without exposure to air, preventing contamination and increasing shelf life. Aluminium collapsible tubes are lightweight, durable, and provide excellent barrier properties, making them ideal for packaging perishable products. The demand…
Smart Aquaculture Market
Introduction
Aquaculture, the cultivation of aquatic organisms such as fish, mollusks, and crustaceans, has grown rapidly in recent years. With the global population increasing and demand for seafood on the rise, traditional fishing methods alone can no longer meet the world's needs. Enter smart aquaculture. This modern approach uses technology to enhance aquaculture efficiency, sustainability, and profitability. Smart aquaculture integrates advanced systems such as IoT (Internet of Things), AI (Artificial Intelligence),…
Isotonic Drinks Market
Introduction
Isotonic drinks are beverages formulated to rapidly replace fluids, electrolytes, and energy lost during physical activity. They contain a similar concentration of salt and sugar as the human body, which makes them effective in rehydration and replenishment. The primary goal of isotonic drinks is to ensure that the body maintains an optimal balance of fluids and nutrients during exercise, sports, or other strenuous activities. Over the years, these beverages have…
Pest Control Market
Introduction
The pest control industry plays a crucial role in protecting human health, property, and agricultural resources. From households to large-scale agricultural operations, pests can cause extensive damage and spread diseases, making pest control services essential. Pest control encompasses a wide variety of techniques aimed at managing or eliminating pests such as insects, rodents, birds, and other harmful organisms. The industry has evolved significantly over the years, becoming more efficient, environmentally…
More Releases for Smart
Smart Cities Market is Expected to Witness CAGR of 17.3% by 2027 with Applicatio …
A smart city is an urban unit or area that uses various types of electronic Internet of Things (IoT) devices to collect data and then use the insights to manage resources, assets, and services effectively. Green building is a growing trend in the global smart cities market. Constructing eco-friendly infrastructure facilities can provide a sustainable environment in the cities. Moreover, governments are focused on constructing energy-efficient buildings, in order…
Global Smart Cities Market by Component (Hardware, Software) by Application (Sma …
Global Smart Cities Market: Overview
The global smart cities market is expected to reach a mark of over USD 3000 billion by 2024, at a CAGR over 21% during the forecast period. Significant growth in next-generation technologies such as artificial intelligence AI, personalized healthcare, sustainable energy generation and robotics are driving the smart cities’ future. Moreover, the increase in residential preference towards the adoption of advanced information and communication technologies ICT…
Survey Report on Smart Kitchen Appliances Market 2018: Smart Refrigerator, Smart …
The report analyzes and presents an overview on "Global Smart Kitchen Appliances Market Professional Survey Report 2018" worldwide.
This report studies Smart Kitchen Appliances in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2013 to 2018, and forecast to 2025.
The study objectives of this report are: To study and forecast the market size of Smart…
IoT Device Management Market Analysis by Application - Smart Manufacturing, Smar …
IoT device management comprises of multiple operating systems and several varieties of communication methods and protocols targeted at conducting smooth functioning of smart devices. The service of IoT device management has become vital for the business sector in recent years due to the rising use of remote operation in a number of industries and the subsequent need to manage the operation of the devices.
The global IoT device management market is…
SMART SHIPS NEED SMART REGISTRIES
The shipping world needs to wake up and embrace the philosophy of smart shipping because it is already here and the downturn in the world economy is not going to last forever, according to Panos Kirnidis, CEO of the Palau International Ship Registry.
“The maritime industry knows that smart ships and smart technology is the way forward and yet there seems to be reluctance on the part of some owners to…
Smart Kitchen Appliances Market : Smart Refrigerators, Smart Dishwashers, Smart …
Albany, New York, July 20, 2017 : Recent research and the current scenario as well as future market potential of "Smart Kitchen Appliances Market (Products - Smart Refrigerators, Smart Dishwashers, Smart Ovens, Smart Cookware and Cooktops, Smart Scales and Thermometers and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022" globally.
Smart kitchen appliances are premium appliances that are designed for comfortable and efficient operation as…
