Connected Agriculture Market by Component (Solution, Platforms, and Services), Application (Pre-Production Planning and Management, In-Production Planning and Management, and Post-Production Planning and Management), and Region - Global Forecast to 2023

Connected Agriculture Market by Component (Solution, Platforms, and Services), Application (Pre-Production Planning and Management, In-Production Planning and Management, and Post-Production Planning and Management), and Region - Global Forecast to 2023

Growing need to increase farm yield and reduce labor cost, and rising government initiatives for modernizing the agriculture industry are expected to drive the overall growth of the connected agriculture market
The global connected agriculture market is expected to grow from USD 1.8 billion in 2018 to USD 4.3 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 19.3% during the forecast period. The connected agriculture market is driven by various factors, such as integration of mobile technology with agriculture solutions and rapid adoption of advanced farming techniques to manage various farming activities. However, poor network connectivity and high capital investment for establishing connected agriculture infrastructure can hinder the growth of the market.

Connectivity management segment is expected to grow at the highest CAGR during the forecast period
Communication through mobile phones is considered very important in enhancing farmers' access to understand agricultural market situation better. Nowadays, mobile phone and internet have generated an opportunity for the farmers and growers specially to get real-time information about their farms and manage all farming activities. Connected management platforms allow agriculture stakeholders to upkeep the functionality of their various connected devices and gather quality agriculture data.

Integration and implementation services segment is expected to hold the highest market share during the forecast period
Technological advancements and growing focus to follow modern farming practices have made farmers and growers implement connected agriculture solution. Farmers in different regions lack technical knowledge or do not have efficient farming tools to interpret and analyze the data required for effective decision-making. This has created opportunities for vendors to provide integration and implementation services to farmers and help them improve their limited knowledge by fulfilling a technological gap. Integration and implementation services help agriculture stakeholders to deploy connected agriculture solutions efficiently on farms and provide insights to farmers to enhance yield for different crops in different seasons and diverse regions.

Asia Pacific (APAC) is expected to record the highest growth rate during the forecast period
APAC is expected to grow at the highest CAGR during the forecast period, due to the increase in demand for connected agriculture solution and services. Growing economies in countries, such as China, Japan, Australia and New Zealand, and India provide huge opportunities for the adoption of the connected agriculture solution and services in the APAC region. Meanwhile, North America is projected to hold the largest market size during the forecast period.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the connected agriculture marketplace.

By company type: Tier 1 - 38%, Tier 2 - 42%, and Tier 3 - 20%
By designation: C-level - 40%, D-level - 35%, and Others - 25%
By region: North America - 40%, Europe - 30%, APAC - 20%, MEA - 5%, and Latin America - 5%

Major vendors offering connected agriculture solution and services across the globe include IBM (US), Microsoft (US), AT&T (US), Deere & Company (US), SAP SE (Germany), Accenture (Ireland), Cisco (US), Oracle (US), Iteris (US), Trimble (US), SMAG (France), Ag Leader Technology (US), Decisive Farming (Canada), Gamaya (Switzerland), and SatSure (UK). The study includes an in-depth competitive analysis of these key players in the connected agriculture market, with their company profiles, recent developments, and key market strategies.

Research coverage
The market study covers the connected agriculture market size across segments. It aims at estimating the market size and the growth potential of this market across different segments, namely, component (solution, platforms, and services), applications, and regions. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key benefits of buying the report
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall connected agriculture market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
      • MARKET SEGMENTATION
      • REGIONS COVERED
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY CONSIDERED
      • Table UNITED STATES DOLLAR EXCHANGE RATE, 2015–2017
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET BREAKUP AND DATA TRIANGULATION
    • MARKET SIZE ESTIMATION
      • TOP-DOWN APPROACH
      • BOTTOM-UP APPROACH
    • MARKET FORECAST
      • Table FACTOR ANALYSIS
    • ASSUMPTIONS FOR THE STUDY
    • LIMITATIONS OF THE STUDY
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE CONNECTED AGRICULTURE MARKET
    • CONNECTED AGRICULTURE MARKET, BY APPLICATION AND COUNTRY (2018)
    • CONNECTED AGRICULTURE MARKET: MAJOR COUNTRIES
  • MARKET OVERVIEW AND INDUSTRY TRENDS
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • INDUSTRY TRENDS
      • USE CASE 1: FUJITSU
      • USE CASE 2: AMAZON WEB SERVICES (AWS)
  • CONNECTED AGRICULTURE MARKET, BY COMPONENT
    • INTRODUCTION
      • Table CONNECTED AGRICULTURE MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
    • SOLUTION
      • GROWING NEED TO INCREASE FARM PRODUCTIVITY IS DRIVING THE ADOPTION OF CONNECTED AGRICULTURE SOLUTION
        • Table SOLUTION: CONNECTED AGRICULTURE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • PLATFORMS
      • NEED TO BUILD EFFICIENT CONNECTIVITY AND SYNCHRONIZATION AMONG CONNECTED FARM DEVICES AND SOFTWARE IS DRIVING THE ADOPTION OF CONNECTED AGRICULTURE PLATFORMS
        • Table PLATFORMS: CONNECTED AGRICULTURE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • SERVICES
      • NEED TO EMPOWER FARMERS TO ENHANCE FARM PRODUCTIVITY THROUGH EFFICIENT USE OF CONNECTED DEVICES IS DRIVING THE ADOPTION OF CONNECTED AGRICULTURE SERVICES
        • Table SERVICES: CONNECTED AGRICULTURE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • CONNECTED AGRICULTURE MARKET, BY PLATFORM
    • INTRODUCTION
      • Table CONNECTED AGRICULTURE MARKET SIZE, BY PLATFORM, 2016–2023 (USD MILLION)
    • DEVICE MANAGEMENT
      • GROWING REQUIREMENT FOR ACCESS AND CONTROL OVER CONNECTED DEVICES IS DRIVING THE ADOPTION OF DEVICE MANAGEMENT
        • Table DEVICE MANAGEMENT: CONNECTED AGRICULTURE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • APPLICATION ENABLEMENT
      • GROWING NEED TO ENHANCE SECURITY TO COMBAT INCREASING CYBER THREATS IN THE IOT ECOSYSTEM IS DRIVING THE ADOPTION OF APPLICATION ENABLEMENT
        • Table APPLICATION ENABLEMENT: CONNECTED AGRICULTURE MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
    • CONNECTIVITY MANAGEMENT
      • NEED FOR PROPER CONNECTIVITY FOR EFFECTIVE IMPLEMENTATION OF CONNECTED AGRICULTURE TECHNOLOGY ON FARM IS DRIVING THE ADOPTION OF CONNECTIVITY MANAGEMENT
        • Table CONNECTIVITY MANAGEMENT: CONNECTED AGRICULTURE MARKET SIZE, BY TYPE, 2016–2023 (USD MILLION)
  • CONNECTED AGRICULTURE MARKET, BY SERVICE
    • INTRODUCTION
      • Table CONNECTED AGRICULTURE MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
    • CONSULTING
      • INCREASING DEMAND OF FARMERS TO IMPROVE FARM YIELD WITH THE HELP OF EXPERT ADVICE IS DRIVING THE GROWTH OF CONSULTING SERVICES
        • Table CONSULTING: CONNECTED AGRICULTURE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • INTEGRATION AND IMPLEMENTATION
      • NEED TO AVOID COMPLEXITIES IN THE DEPLOYMENT OF CONNECTED AGRICULTURE SOLUTIONS TO DRIVE THE GROWTH OF INTEGRATION AND IMPLEMENTATION
        • Table INTEGRATION AND IMPLEMENTATION: CONNECTED AGRICULTURE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • SUPPORT AND MAINTENANCE
      • NEED TO UPKEEP SYSTEM PERFORMANCE WITH ROUTINE INFRASTRUCTURE MAINTENANCE IS DRIVING THE GROWTH OF SUPPORT AND MAINTENANCE SERVICES SEGMENT
        • Table SUPPORT AND MAINTENANCE: CONNECTED AGRICULTURE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
  • CONNECTED AGRICULTURE MARKET, BY APPLICATION
    • INTRODUCTION
      • Table CONNECTED AGRICULTURE MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
    • PRE-PRODUCTION PLANNING AND MANAGEMENT
      • Table PRE-PRODUCTION PLANNING AND MANAGEMENT: CONNECTED AGRICULTURE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
      • FIELD MAPPING
      • CROP PLANNING AND YIELD MONITORING
      • WEATHER TRACKING AND FORECASTING
      • FARM LABOR MANAGEMENT
      • EQUIPMENT MONITORING AND MAINTENANCE
    • IN-PRODUCTION PLANNING AND MANAGEMENT
      • Table IN-PRODUCTION PLANNING AND MANAGEMENT: CONNECTED AGRICULTURE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
      • WATER AND IRRIGATION MANAGEMENT
      • BREEDING AND FEED MANAGEMENT
      • CROP SCOUTING
      • PRODUCTION MONITORING AND MAINTENANCE
      • ANIMAL TRACKING AND NAVIGATION
      • AGRI FINANCE AND INSURANCE MANAGEMENT
    • POST-PRODUCTION PLANNING AND MANAGEMENT
      • Table POST-PRODUCTION PLANNING AND MANAGEMENT: CONNECTED AGRICULTURE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
      • PROCESSING
      • INVENTORY MANAGEMENT
      • TRANSPORTATION
      • QUALITY ASSURANCE AND CONTROL
  • CONNECTED AGRICULTURE MARKET, BY REGION
    • INTRODUCTION
      • Table CONNECTED AGRICULTURE MARKET SIZE, BY REGION, 2016–2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: CONNECTED AGRICULTURE MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: CONNECTED AGRICULTURE MARKET SIZE, BY PLATFORM, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: CONNECTED AGRICULTURE MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: CONNECTED AGRICULTURE MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table NORTH AMERICA: CONNECTED AGRICULTURE MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • UNITED STATES
      • CANADA
    • EUROPE
      • Table EUROPE: CONNECTED AGRICULTURE MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
      • Table EUROPE: CONNECTED AGRICULTURE MARKET SIZE, BY PLATFORM, 2016–2023 (USD MILLION)
      • Table EUROPE: CONNECTED AGRICULTURE MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
      • Table EUROPE: CONNECTED AGRICULTURE MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table EUROPE: CONNECTED AGRICULTURE MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • GERMANY
      • UNITED KINGDOM
      • FRANCE
      • REST OF EUROPE
    • ASIA PACIFIC
      • Table ASIA PACIFIC: CONNECTED AGRICULTURE MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
      • Table ASIA PACIFIC: CONNECTED AGRICULTURE MARKET SIZE, BY PLATFORM, 2016–2023 (USD MILLION)
      • Table ASIA PACIFIC: CONNECTED AGRICULTURE MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
      • Table ASIA PACIFIC: CONNECTED AGRICULTURE MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table ASIA PACIFIC: CONNECTED AGRICULTURE MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • AUSTRALIA AND NEW ZEALAND
      • CHINA
      • JAPAN
      • REST OF ASIA PACIFIC
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: CONNECTED AGRICULTURE MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: CONNECTED AGRICULTURE MARKET SIZE, BY PLATFORM, 2016–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: CONNECTED AGRICULTURE MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: CONNECTED AGRICULTURE MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: CONNECTED AGRICULTURE MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • KINGDOM OF SAUDI ARABIA
      • SOUTH AFRICA
      • ISRAEL
      • REST OF MIDDLE EAST AND AFRICA
    • LATIN AMERICA
      • Table LATIN AMERICA: CONNECTED AGRICULTURE MARKET SIZE, BY COMPONENT, 2016–2023 (USD MILLION)
      • Table LATIN AMERICA: CONNECTED AGRICULTURE MARKET SIZE, BY PLATFORM, 2016–2023 (USD MILLION)
      • Table LATIN AMERICA: CONNECTED AGRICULTURE MARKET SIZE, BY SERVICE, 2016–2023 (USD MILLION)
      • Table LATIN AMERICA: CONNECTED AGRICULTURE MARKET SIZE, BY APPLICATION, 2016–2023 (USD MILLION)
      • Table LATIN AMERICA: CONNECTED AGRICULTURE MARKET SIZE, BY COUNTRY, 2016–2023 (USD MILLION)
      • BRAZIL
      • MEXICO
      • REST OF LATIN AMERICA
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SCENARIO
      • PRODUCT/SOLUTION LAUNCHES AND ENHANCEMENTS
        • Table PRODUCT/SOLUTION LAUNCHES AND ENHANCEMENTS, 2016–2018
      • BUSINESS EXPANSIONS
        • Table BUSINESS EXPANSIONS, 2017–2018
      • ACQUISITIONS
        • Table ACQUISITIONS, 2018
      • PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
        • Table PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2018
    • COMPETITIVE LEADERSHIP MAPPING
      • Table EVALUATION CRITERIA
      • VISIONARY LEADERS
      • DYNAMIC DIFFERENTIATORS
      • INNOVATORS
      • EMERGING COMPANIES
  • COMPANY PROFILES
    • INTRODUCTION
    • IBM
      • BUSINESS OVERVIEW
      • PLATFORMS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • MICROSOFT
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • AT&T
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • DEERE & COMPANY
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • SAP
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ACCENTURE
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • MNM VIEW
    • CISCO
      • BUSINESS OVERVIEW
      • PRODUCTS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ORACLE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ITERIS
      • BUSINESS OVERVIEW
      • SOLUTIONS, PRODUCTS, AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
    • TRIMBLE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SMAG
      • BUSINESS OVERVIEW
      • SOFTWARE AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • AG LEADER TECHNOLOGY
    • DECISIVE FARMING
    • GAMAYA
    • SATSURE
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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