Digital Farming Comprehensive Study by Type (Hardware, Software, Others), Application (Precision farming, Livestock monitoring, Green House farming, others), Components (Hardware, Software, Others) Players and Region - Global Market Outlook to 2024

Edison , NJ -- (SBWire) -- 02/13/2019 --The agricultural community has spent several years synthesizing an operational innovation leading to a concept called Digital farming. In several cases, there have also been solutions put forth which are claiming to be digital farming, but now, more than ever, there is as much ambiguity about digital farming as there was when the community labeled and named it. Increasing demand for quality crops in the amount to meet the growing need of grains and vegetables is driving the global digital farming market. Digital farming is the use of IT in agriculture to improve overall farm production.

This technology helps farmers improve their farming by using advanced digital technology. This process can help large and small farms and harness digital technologies to improve processes, boost their yield, and increase profitability, helping to meet the growing global food demand and lowering the overall environmental impact of farming.

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Major Key Players in This Report Include,
BASF (Germany), Bayer (Germany), Monsato (United States), Syngenta (United States), KWS AG (Germany), Simplot (United States), Barenburg Group (U.K), Sinkist Growers (United States), Farmers Business Network (FBN)(Canada), Aggateway (United States), Aglytix Inc. (United States), Trimble Navigations Limited (United ,States), Accenture (United States)

Global digital farming market is primarily driven by factors such as growing global population and rising need for effective agriculture solution which can boost efficiency and production of arable lands. In addition to this, rising penetration of advanced technologies in agriculture sector coupled with growing need for high production of grains and vegetables are key factors which are likely to drive the growth of global digital farming market.

Geographically, global digital farming market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Moreover, North America region accounted for a major share of the global market and is dominating the global market of digital farming market. High investment in research and development in advanced agriculture techniques and presence of some major players in digital farming solutions are expected to be the major factors behind the growth of digital farming market in this region.

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The Global Digital Farming Market in terms of investment potential in various segments of the market and illustrate the feasibility of explaining the feasibility of a new project to be successful in the near future. The core segmentation of the global market is based on product types, SMEs and large corporations. The report also collects data for each major player in the market based on current company profiles, gross margins, sales prices, sales revenue, sales volume, photos, product specifications and up-to-date contact information.

Table of Content
1. Market Overview
1.1. Introduction
1.2. Scope/Objective of the Study
1.2.1. Research Objective
2. Executive Summary
2.1. Introduction
3. Market Dynamics
3.1. Introduction
3.2. Market Drivers
3.2.1. Increasing world's population
3.2.2. Decrease in arable land
3.2.3. Need of effective agriculture solutions
3.2.4. Increasing population of green farming across the world.
3.2.5. Cheap internet data and tremendous use of smart phones.
3.3. Market Challenges
3.3.1. High cost of digital farming solutions.
3.3.2. Adoption of digital farming technology among farmer population.
3.3.3. Drought and water scarcity in countries
3.4. Market Trends
3.4.1. Involvement of digital technology in farming has positively impacted the efficiency and sustainability of farms.
4. Market Factor Analysis
4.1. Porters Five Forces
4.2. Supply/Value Chain
4.3. PESTEL analysis
4.4. Market Entropy
4.5. Patent/Trademark Analysis
5. Global Digital Farming, by Type, Application, Components and Region (value) (2013-2018)

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