
North America Agriculture IoT Market Size, Share & Trends Analysis Report By Deployment (On-premise and Cloud), By Component (Hardware, Software, and Services), By Connectivity, By Application, By Farm Type, By Country and Growth Forecast, 2024 - 2031
Description
North America Agriculture IoT Market Size, Share & Trends Analysis Report By Deployment (On-premise and Cloud), By Component (Hardware, Software, and Services), By Connectivity, By Application, By Farm Type, By Country and Growth Forecast, 2024 - 2031
The North America Agriculture IoT Market would witness market growth of 9.4% CAGR during the forecast period (2024-2031).
The US market dominated the North America Agriculture IoT Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $11,996.3 million by 2031. The Canada market is experiencing a CAGR of 11.6% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 10.8% during (2024 - 2031).
Agriculture IoT (Internet of Things) integrates smart devices, sensors, and technology in farming practices to optimize agricultural operations. It is a subset of IoT tailored specifically for the agricultural sector, enabling farmers to collect real-time data, monitor conditions, and make informed decisions to improve efficiency, productivity, and sustainability. Agriculture IoT transforms traditional farming methods into a more precise and data-driven approach by combining advanced technologies like sensors, cloud computing, and data analytics.
The agriculture IoT market represents a transformative leap in the agricultural sector, blending technology with traditional farming practices to create a new era of efficiency, sustainability, and productivity. This swiftly advancing market is propelled by the growing imperative to tackle food security challenges, enhance resource efficiency, and mitigate the environmental impact of agricultural practices.
Canada has seen a rising demand for IoT solutions in agriculture, driven by sustainability concerns and government support for innovative technologies. Programs such as the Canadian Agricultural Partnership, a five-year, $3 billion investment by federal, provincial, and territorial administrations, aim to promote sustainable farming and improve productivity through advanced technologies like IoT. These systems allow Canadian farmers to optimize water usage, monitor soil conditions, and reduce chemical inputs, aligning with environmental stewardship goals. Given the escalating dependence on data-driven decision-making, government-supported initiatives, and the incorporation of advanced technologies, the agriculture IoT market in North America is positioned for continued growth in the forthcoming years.
Based on Deployment, the market is segmented into On-premise and Cloud. Based on Component, the market is segmented into Hardware, Software, and Services. Based on Connectivity, the market is segmented into Wi-Fi, Cellular, Bluetooth, and Other Connectivity. Based on Application, the market is segmented into Precision Farming, Livestock Monitoring, Smart Greenhouse, Aquaculture, and Other Application. Based on Farm Type, the market is segmented into Large, Mid-sized, and Small. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Deere & Company
- Trimble, Inc.
- Raven Industries, Inc.
- AGCO Corporation
- Valmont Industries, Inc.
- Cropin Technology Solutions Private Limited
- A.A.A Taranis Visual Ltd.
- Libelium Comunicaciones Distribuidas S.L.
- Robert Bosch GmbH
- NXP Semiconductors N.V.
By Deployment
- On-premise
- Cloud
- Hardware
- Software
- Services
- Wi-Fi
- Cellular
- Bluetooth
- Other Connectivity
- Precision Farming
- Livestock Monitoring
- Smart Greenhouse
- Aquaculture
- Other Application
- Large
- Mid-sized
- Small
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
126 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Agriculture IoT Market, by Deployment
- 1.4.2 North America Agriculture IoT Market, by Component
- 1.4.3 North America Agriculture IoT Market, by Connectivity
- 1.4.4 North America Agriculture IoT Market, by Application
- 1.4.5 North America Agriculture IoT Market, by Farm Type
- 1.4.6 North America Agriculture IoT Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Competition Analysis – Global
- 4.1 Market Share Analysis, 2023
- 4.2 Recent Strategies Deployed in Agriculture IoT Market
- 4.3 Porter Five Forces Analysis
- Chapter 5. North America Agriculture IoT Market by Deployment
- 5.1 North America On-premise Market by Region
- 5.2 North America Cloud Market by Region
- Chapter 6. North America Agriculture IoT Market by Component
- 6.1 North America Hardware Market by Country
- 6.2 North America Software Market by Country
- 6.3 North America Services Market by Country
- Chapter 7. North America Agriculture IoT Market by Connectivity
- 7.1 North America Wi-Fi Market by Country
- 7.2 North America Cellular Market by Country
- 7.3 North America Bluetooth Market by Country
- 7.4 North America Other Connectivity Market by Country
- Chapter 8. North America Agriculture IoT Market by Application
- 8.1 North America Precision Farming Market by Country
- 8.2 North America Livestock Monitoring Market by Country
- 8.3 North America Smart Greenhouse Market by Country
- 8.4 North America Aquaculture Market by Country
- 8.5 North America Other Application Market by Country
- Chapter 9. North America Agriculture IoT Market by Farm Type
- 9.1 North America Large Market by Country
- 9.2 North America Mid-sized Market by Country
- 9.3 North America Small Market by Country
- Chapter 10. North America Agriculture IoT Market by Country
- 10.1 US Agriculture IoT Market
- 10.1.1 US Agriculture IoT Market by Deployment
- 10.1.2 US Agriculture IoT Market by Component
- 10.1.3 US Agriculture IoT Market by Connectivity
- 10.1.4 US Agriculture IoT Market by Application
- 10.1.5 US Agriculture IoT Market by Farm Type
- 10.2 Canada Agriculture IoT Market
- 10.2.1 Canada Agriculture IoT Market by Deployment
- 10.2.2 Canada Agriculture IoT Market by Component
- 10.2.3 Canada Agriculture IoT Market by Connectivity
- 10.2.4 Canada Agriculture IoT Market by Application
- 10.2.5 Canada Agriculture IoT Market by Farm Type
- 10.3 Mexico Agriculture IoT Market
- 10.3.1 Mexico Agriculture IoT Market by Deployment
- 10.3.2 Mexico Agriculture IoT Market by Component
- 10.3.3 Mexico Agriculture IoT Market by Connectivity
- 10.3.4 Mexico Agriculture IoT Market by Application
- 10.3.5 Mexico Agriculture IoT Market by Farm Type
- 10.4 Rest of North America Agriculture IoT Market
- 10.4.1 Rest of North America Agriculture IoT Market by Deployment
- 10.4.2 Rest of North America Agriculture IoT Market by Component
- 10.4.3 Rest of North America Agriculture IoT Market by Connectivity
- 10.4.4 Rest of North America Agriculture IoT Market by Application
- 10.4.5 Rest of North America Agriculture IoT Market by Farm Type
- Chapter 11. Company Profiles
- 11.1 Deere & Company
- 11.1.1 Company Overview
- 11.1.2 Financial Analysis
- 11.1.3 Segmental and Regional Analysis
- 11.1.4 Research & Development Expenses
- 11.1.5 Recent strategies and developments:
- 11.1.5.1 Partnerships, Collaborations, and Agreements:
- 11.1.5.2 Product Launches and Product Expansions:
- 11.1.6 SWOT Analysis
- 11.2 Trimble, Inc.
- 11.2.1 Company Overview
- 11.2.2 Financial Analysis
- 11.2.3 Segmental and Regional Analysis
- 11.2.4 Research & Development Expenses
- 11.2.5 Recent strategies and developments:
- 11.2.5.1 Partnerships, Collaborations, and Agreements:
- 11.2.6 SWOT Analysis
- 11.3 Raven Industries, Inc.
- 11.3.1 Company Overview
- 11.4 AGCO Corporation
- 11.4.1 Company Overview
- 11.4.2 Financial Analysis
- 11.4.3 Segmental Analysis
- 11.4.4 Research & Development Expenses
- 11.4.5 SWOT Analysis
- 11.5 Valmont Industries, Inc.
- 11.5.1 Company Overview
- 11.5.2 Financial Analysis
- 11.5.3 Segmental and Regional Analysis
- 11.6 CropIn Technology Solutions Private Limited
- 11.6.1 Company Overview
- 11.7 A.A.A Taranis Visual Ltd.
- 11.7.1 Company Overview
- 11.8 Libelium Comunicaciones Distribuidas S.L.
- 11.8.1 Company Overview
- 11.9 Robert Bosch GmbH
- 11.9.1 Company Overview
- 11.9.2 Financial Analysis
- 11.9.3 Segmental and Regional Analysis
- 11.9.4 Research & Development Expense
- 11.9.5 Recent strategies and developments:
- 11.9.5.1 Partnerships, Collaborations, and Agreements:
- 11.9.6 SWOT Analysis
- 11.10. NXP Semiconductors N.V.
- 11.10.1 Company Overview
- 11.10.2 Financial Analysis
- 11.10.3 Regional Analysis
- 11.10.4 Research & Development Expense
- 11.10.5 SWOT Analysis
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