Connected Agriculture Market Size will Observe Lucrative Surge By the End 2026

Posted by Harshad Borde on February 20th, 2020

The source of mobile telecommunication which can links various markets for instance, finance, can even check the price of the commodity, whether forecast, various agricultural technique and seller and buyers of the commodity. These are some of the key drivers that are expected to stimulate the growth of the global connected agriculture market in the coming years.

The report provides an in-depth analysis about the connected agriculture market along. The segmental and regional analysis of this market is also included in the study. The major drivers, restraints pertaining to the global connected agriculture market are also provided in the research report. The competitive landscape of the connected agriculture market is also given in the research report. The report also highlights the advent of technologies that will stir growth of this market.

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Global Connected Agriculture Market: Trends and Opportunities 

The increasing demand for various solutions in order to improve farmers’ return yield is supporting the growth of the connected agriculture market. In addition, various service providers are seen focusing on the global connected agriculture market to offer concurrent information to their end users. Additionally, mobile based transaction service suppliers are allowing farmers to shape their real time expenses.  This has further supported growth in the global connected agriculture market, thereby expected to create several opportunities for market participants in the coming years.

The growth of the connected agriculture market also depends on potential to conduct economic transaction without difficulty in the countryside area. The easy access to agricultural data is another factor expected to drive growth in the global connected agriculture market in the coming years.

Global Connected Agriculture Market: Regional Analysis 

From a geographical point of view, North America is likely to dominate global connected agriculture market owing to growing adoption among the small farmers. The North America region has farms with well-equipped farming equipment and this is largely contributing towards growth of the global connected agriculture market. However, other developing economies such as APAC are expected to register significant growth in the global connected agriculture market in the coming years. This is due to growing investment in connected agriculture and implementation of cloud based solutions, which further contributes towards the market’s growth. On the other hand, lack of standardization for data in several regions is likely to affect the widespread adoption of connected agriculture solutions.

Global Connected Agriculture Market: Companies Mentioned 

This section of the report provides major insights about the major players operating in the global connected agriculture market. Some of the prominent vendors functioning in the global connected agriculture market are Decisive Farming (Canada), Accenture (Ireland), SatSure (UK), and Microsoft (US). The global connected agriculture market demonstrates a fragmented structure owing to large number of players operating in this market. The market participants are majorly focused towards mergers and acquisition in order to strengthen their footprint across the globe. In addition, manufacturers are also focusing towards strategic mergers and acquisitions, and partnerships in order to develop innovative solutions for connected agriculture consumers.