The global IoT in Agriculture Market will be worth USD 27.22 Billion by 2027, according to a current analysis by Emergen Research. The growth of this market can be attributed to the increasing population worldwide coupled with the increasing demand for food in developing countries. The farmers are trying to enhance agricultural productivity in order to meet the growing demand for food by incorporating IoT based technologies in agricultural practices. Increasing adoption of the crop management devices to monitor crop growth and protect the field from any infestations is expected to drive the growth of the market over the forecast period.
The research report investigates the competitive landscape thoroughly and offers a comprehensive overview of the businesses along with their product portfolio, production and manufacturing capacity, business expansion plans, and key statistical data about profit margins and revenue. It also covers rates of production and consumptions, import/export, supply and demand, product developments, technological advancements, gross profit, sales network and distribution channels, and strategic alliances.
Key participants include Agco Corporation, Deere and Company, GEA Group, Trimble Inc., Agjunction, Raven Industries, Antelliq, Delaval, Ponsse, and CropMetrics LLC, among others.
Key Geographies Encompassed in the Report:
The report has been formulated through extensive primary and secondary research along with a breakdown of the information to offer an exhaustive analysis of the IoT in Agriculture market. The data includes accurate market insights, essential market facts, and key statistical information further validated by the industry experts that help readers get a complete idea of the IoT in Agriculture industry.
Key Coverage of the IoT in Agriculture Market:
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