Press release
Global Smart Agriculture Market Poised for Significant Growth, Expected to Exceed $39 Billion by 2031: TMR Analysis
Smart Agriculture Market
Download Sample PDF from Here- https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=11561&utm_source=Openpr&utm_medium=Amit
Market Overview and Growth Drivers: The surge in the smart agriculture market is fueled by the integration of advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), and robotics into traditional farming practices. These innovations are enhancing operational efficiency, improving crop yields, and contributing to more sustainable agricultural practices.
Smart agriculture leverages data-driven approaches to optimize farming operations, including precision farming, automated systems, and real-time monitoring of environmental conditions. These technologies are designed to address challenges such as resource management, crop health, and environmental impact, ultimately leading to increased productivity and profitability for farmers.
Industry experts highlight that while the market is experiencing significant growth, challenges remain. The ongoing COVID-19 pandemic has prompted companies to leverage government stimulus packages and financial schemes to stay operational. Despite this, issues such as the lack of connected devices in agriculture and the fragmented nature of the industry in regions like India continue to impede market progress.
To bridge the technology gap, stakeholders are encouraged to form focus groups and provide training to farmers. This approach aims to enhance communication between technology developers and the agricultural community, ensuring the effective adoption of smart agriculture solutions.
Innovations and Technological Advancements
Leading companies in the smart agriculture sector are introducing cutting-edge solutions to drive market growth. For instance, next-gen manure cleaning systems with robotic technology are improving cow comfort and hoof condition while conserving water resources. Additionally, smartphone companies are collaborating to deploy smart agriculture-as-a-service solutions using advanced sensor technology to boost productivity among Indian farmers.
Precision agriculture apps are also gaining traction, offering accurate data collection regardless of machine type or equipment width. These advancements are critical for optimizing farming operations and enhancing the overall efficiency of the agricultural sector.
Impact of COVID-19 on Food Safety and Market Sentiment
The COVID-19 pandemic has heightened awareness about food safety and quality standards. As a result, smart agriculture market players are under increased scrutiny to adopt contactless equipment management and other practices that ensure the safety and quality of food products.
Despite the negative impact of poor market sentiments on growth, stakeholders are conducting data-driven research and identifying revenue opportunities in emerging markets such as India. The increase in import and export activities related to smart agriculture systems reflects a growing demand for innovative solutions.
Access Full Report from Here - https://www.transparencymarketresearch.com/smart-agriculture-market.html
AI and IoT Integration
The integration of AI and IoT technologies in agriculture is revolutionizing the industry. These advancements facilitate real-time assistance for farmers, improving their ability to respond to changes in weather, humidity, and air quality. AI-driven solutions and IoT applications are enabling precision farming techniques, reducing the need for pesticides and fertilizers, and promoting organic food production.
The adoption of these technologies is expected to drive significant growth in the smart agriculture market, as farmers increasingly seek advanced solutions to enhance efficiency and productivity.
Regional Market Insights
The smart agriculture market (Markt für intelligente Landwirtschaft) is witnessing prolific growth in various regions. In Asia Pacific, the market is projected to expand at the highest CAGR due to increasing government investments and technology innovations in countries like India, China, and Japan. These investments are aimed at improving agricultural productivity and driving the demand for smart agriculture solutions.
In Europe, the market is being propelled by the rising demand for automation products and advanced equipment, which are contributing to higher profitability for farmers.
Smart Agriculture Market: Competition Landscape
Detailed profiles of providers of smart agriculture have been provided in the market report to evaluate their financials, key product offerings, recent developments, and strategies
Key players operating in the global smart agriculture market are
• Deere & Company
• AGCO Corporation
• InnovaSea Systems
• Trimble, Inc.
• Huawei Technologies Co., Ltd.
• Topcon Positioning Systems
• Semiosbio Technologies Inc.
• Afimilk Ltd
• Aker Technologies
• Antelliq
• Cisco Systems, Inc.
Click Here to Purchase this Comprehensive Insights Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=11561<ype=S&utm_source=Openpr&utm_medium=Amit
More Trending Reports-
High Availability Server Market (Marché des serveurs à haute disponibilité): https://www.transparencymarketresearch.com/high-availability-server-market.html
Time & Attendance Management Software Market (시간 및 출석 관리 소프트웨어 시장): https://www.transparencymarketresearch.com/time-and-attendance-management-software-market.html
About Us Transparency Market Research
Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.
Contact Us:
Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Website: https://www.transparencymarketresearch.com
Email: sales@transparencymarketresearch.com
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 Global Smart Agriculture Market Poised for Significant Growth, Expected to Exceed $39 Billion by 2031: TMR Analysis here
News-ID: 3620408 • Views: …
More Releases from Transparency Market Research
Cloud Artificial Intelligence (AI) Solutions Market Poised for Exponential Growt …
The Global Cloud Artificial Intelligence (AI) Solutions Market (클라우드 인공지능(AI) 솔루션 시장) is set for remarkable growth, with projections indicating a leap from $38.1 billion in 2022 to an estimated $254.6 billion by 2031. This represents a robust compound annual growth rate (CAGR) of 24.1% over the forecast period of 2023 to 2031. The rapid expansion of the market reflects the transformative potential of cloud-based AI technologies across diverse industries.
Cloud-based…
Real-Time Flood Monitoring & Warning System Market Expected to Grow at 6.2% CAGR …
The Global Real-Time Flood Monitoring and Warning System Market (실시간 홍수 모니터링 및 경고 시스템 시장), valued at over USD 184.1 million in 2020, is set to witness substantial growth over the next decade. According to industry analysts, the market is expected to expand at a compound annual growth rate (CAGR) of 6.2% from 2021 to 2031, ultimately surpassing USD 359.5 million by the end of the forecast period.
The increasing…
Global Asset and Wealth Management Market Set for Explosive Growth, Projected to …
The Global Asset and Wealth Management Market (資産および資産管理市場), valued at US$ 3.5 billion in 2021, is projected to expand at a robust CAGR of 13.0% from 2022 to 2031, reaching a market value of US$ 11.8 billion by the end of the forecast period.
The asset and wealth management industry is witnessing rapid evolution, spurred by the integration of advanced technologies, regulatory changes, and shifting investor demographics. As technology plays an…
Avocado Market Set to Surpass $45 Billion by 2031: A Surge in Health-Conscious C …
The global avocado market (아보카도 시장) is poised for significant growth, with a valuation of US$ 18.8 billion in 2022. Projections indicate a robust compound annual growth rate (CAGR) of 10.3% from 2023 to 2031, potentially reaching US$ 45.1 billion by the end of the forecast period. This surge is driven by a variety of factors, including rising consumer demand for healthy foods, increasing awareness of nutritional benefits, and the…
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…
