Brooklyn, NY -- (SBWire) -- 03/06/2018 --QYResearchReports has announced the addition of a new market intelligence report, titled "Global Smart Agriculture Solution Market Size, Status and Forecast 2025" to its offering. The elaborate study on the global smart agriculture solution market offers critical assessment of key drivers and restraints, noteworthy adoption trends, recent technological advances, lucrative prospects, and the prevailing strategic dynamics in various regions, majorly including Southeast Asia and Europe, with a key focus on countries such as the U.S., China, India, and Japan. The research offers in-depth insights into the share and size of key segments, current and emerging applications, major technological advances pertaining to these segments, and emerging promising avenues through 2025.
Key smart agricultural solutions comprise precision farming, fish farming, smart greenhouses, and livestock monitoring. The major product types are hardware, software, and services. World over, the pressing need among farmers to bolster their yield and maximize crop land productivity, coupled with the adoption of environmental-friendly ways of farming, is a noteworthy factor leading to the demand for smart agriculture solutions.
In various parts of the world, the intensifying demand for technologies to enable farmers and agriculturists make informed decisions for optimizing the yield is a critical factor fortifying the demand for smart agriculture solutions. The intensifying need for conserving water and accurately tracking the farming output for better productivity has bolstered the adoption of smart agriculture solutions.
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The need for decreasing reliance on pesticides in a fast receding area of arable land in various parts of the globe is favorably impacting the market's growth. The growing significance of internet of things technology (IoT) among farmers and growers in a number of developing and developed economies is positively reflecting on the growth of the market. In addition, the proliferation of sensors in smart agricultural solutions bodes well for the overall market. The rapidly rising demand for precision farming practices is likely to provide a robust impetus to the market's growth.
Substantial advancements in IoT platform focused on modern agricultural practices bode well for the demand for smart agricultural solutions. In various developing and developed regions, the rising focus on sustainable farming methods is a crucial factor expected to catalyze the growth of the market. In addition, industrial food producers in developed regions are taking wide interest in adopting IoT solutions to boost their profitability.
The ever rising need for reducing environmental footprint of farming practices is bolstering the uptake of smart connected solutions in agriculture sector world over. Furthermore, the advent of a number of user-friendly apps is a notable trend likely to aid in the rapid expansion of the market.
Smart agriculture solutions are helping farmers gather real-time insights and information on farming practices. The markedly decline in the cost of sensors in recent years in various parts of the world has played a salient role in boosting the world wide adoption of smart agriculture solutions.
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The emerging demand for remote monitoring technologies among commercial farmers is unlocking promising prospects for market players over the assessment period. The need for improving livestock farming is positively contributing to the growth of the market. The rising use cases of IoT in agriculture sector is likely to create exciting avenues in the smart agriculture solutions market. Advancements in embedded sensor technology is opening new opportunities for market players in various regions.
Prominent players vying for a sustained shares in the market include AgJunction LLC, Site-Specific Technology Development Group,Inc., Trimble Navigation Ltd., Granular,Inc., SemiosBio Technologies Inc., AgriSight,Inc., Agribotix LLC, CropMetrics LLC, Iteris,Inc., and Iteris, Inc.
Table of Contents
Global Smart Agriculture Solution Market Size,Status and Forecast 2025
1 Industry Overview of Smart Agriculture Solution
1.1 Smart Agriculture Solution Market Overview
1.1.1 Smart Agriculture Solution Product Scope
1.1.2 Market Status and Outlook
1.2 Global Smart Agriculture Solution Market Size and Analysis by Regions (2013-2018)
1.2.1 United States
1.2.2 EU
1.2.3 Japan
1.2.4 China
1.2.5 India
1.2.6 Southeast Asia
2 Global Smart Agriculture Solution Competition Analysis by Players
2.1 Smart Agriculture Solution Market Size (Value) by Players (2013-2018)
2.2 Competitive Status and Trend
2.2.1 Market Concentration Rate
2.2.2 Product/Service Differences
2.2.3 New Entrants
2.2.4 The Technology Trends in Future
3 Company (Top Players) Profiles
3.1 Dirt Road Data,Inc.
3.1.1 Company Profile
3.1.2 Main Business/Business Overview
3.1.3 Products,Services and Solutions
3.1.4 Smart Agriculture Solution Revenue (Million USD) (2013-2018)
3.1.5 Recent Developments
3.2 Iteris,Inc.
3.2.1 Company Profile
3.2.2 Main Business/Business Overview
3.2.3 Products,Services and Solutions
4 Global Smart Agriculture Solution Market Size by Type and Application (2013-2018)
4.1 Global Smart Agriculture Solution Market Size by Type (2013-2018)
4.2 Global Smart Agriculture Solution Market Size by Application (2013-2018)
4.3 Potential Application of Smart Agriculture Solution in Future
4.4 Top Consumer/End Users of Smart Agriculture Solution
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Focus on Environmental-Friendly Ways of Farming to Bolster Uptake of Smart Agriculture Solution