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Farming 4.0: The Impact of Digital Industries on Agriculture

Publisher Frost & Sullivan
Published Jan 23, 2024
SKU # MC18459125

Description

Farming 4.0: The Impact of Digital Industries on Agriculture



With the global population expected to reach 9 billion by 2050, the farming industry is under pressure to boost productivity. Digital solutions, encompassing autonomous farming equipment, real-time monitoring, and artificial intelligence (AI), are revolutionizing operations by diminishing manual labor reliance and improving efficiency. Farmers acknowledge the necessity to shift from traditional intensive methods to more sustainable approaches. This research explores how digital industries will shape the future of Farming 4.0, analyzing the growth potential of technologies like computer vision, generative AI, predictive analytics, digital twins, and blockchain.

The study delves into current and future trends, spotlighting innovative farming practices and how these will ultimately drive industry convergence.

It identifies opportunities for technology suppliers in various industries to integrate horizontally into the farming market and ensure pioneering technology applications.

The base year is 2023, and the forecast spans from 2024 to 2030.

Table of Contents

Strategic Imperatives
Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8™
The Impact of the Top 3 Strategic Imperatives on the Farming 4.0 Industry
Growth Opportunities Fuel the Growth Pipeline Engine™
Growth Opportunity Analysis
Farming 4.0 Value Chain
Three Main Trends that will Shape the Future of Farming 4.0
Farming 4.0 Ecosystem
Technology Providers—Real-time Condition Monitoring
Technology Providers—Precision Farming
Technology Providers—Sustainable Farming
Growth Drivers
Growth Drivers
Growth Restraints
Growth Restraints
Growth Opportunity Universe
Growth Opportunity 1: Collaborative Ventures in Seed Genomics Through Generative AI Utilization
Growth Opportunity 1: Collaborative Ventures in Seed Genomics Through Generative AI Utilization
Growth Opportunity 2: Blockchain Technology Set to Revolutionize the Entire Food Supply Chain
Growth Opportunity 2: Blockchain Technology Set to Revolutionize the Entire Food Supply Chain
Growth Opportunity 3: The Future of Computer Vision in Farming 4.0
Growth Opportunity 3: The Future of Computer Vision in Farming 4.0
List of Exhibits
Legal Disclaimer

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