The research on the Digital Farming Market further validates other prime factors including investment feasibility, production capability, product pricing, production volume, demand and supply, import and export status to help business evangelists make the multi-dimensional marketing strategy more robust.

New York, NY -- (SBWire) -- 09/15/2020 --Reports and Data has recently published a new comprehensive research report on the Digital Farming market titled 'Global Digital Farming Market Forecast to 2027'. The report assesses critical aspects of the industry along with the crucial drivers, threats, latest and emerging trends, growth prospects, and a competitive landscape mapping. The study presents accurate and industry-verified data for the readers and clients to understand the complete working of the industry and gain a competitive edge over other players. The report covers investors and stakeholders operating in the industry and provides a comprehensive analysis of the new entrants emerging in the industry.

The report considers COVID-19 as a key contributing factor to the Digital Farming market growth. The pandemic has caused serious impacts on the Digital Farming industry and has resulted in a dynamic market and demand changes. The report covers the complete impact analysis of the COVID-19 pandemic on the overall growth of the market. Moreover, the report offers a futuristic outlook of a post-COVID-19 scenario and covers the current and future impact of the pandemic on the Digital Farming market and its key segment.

The digital farming market size is forecast to exceed USD 13.41 billion by 2027 in terms of remuneration, from USD 4.53 billion in 2019, delivering a CAGR of around 14.5% through the forecast period.

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Market Dynamics:

Based on the regional bifurcation, the Digital Farming market provides a comprehensive analysis of the leading geographies and is categorized into North America, Europe, Latin America, Asia-Pacific, and the Middle East & Africa. The assessment includes past and recent developments in the industry, regional growth, market size, market share, and competitive landscape mapping based on players located in each key region. The report further offers a country-wise and regional analysis.

Competitive Landscape:

The report segments the Digital Farming market based on the players, types, applications and regions. The key companies profiled in the report are Vodafone Group PLC, Trimble Inc., Salt Mobile SA, Accenture, Deere & Company, IBM, Epicor Software Corporation, Hexagon, Monsanto Company, Bayer Cropscience Limited, Syngenta, AgGateway, Aglytix Inc., CropX Inc., Farmers Business Network (FBN), BASF SE, and DigitalGlobe. The report further covers strategic initiatives taken by each player in order to gain a robust footing in the market and expand their global reach. This includes mergers and acquisitions, product launches, joint ventures, collaborations, government deals, partnerships, and others.

Market Segmentation:

By Component: (Revenue, USD Million; 2017–2027)
Hardware
Software
Others

By Application: (Revenue, USD Million; 2017–2027)
Precision Farming
Live Stock Monitoring
Green House Farming
Others

For a deeper understanding of the Digital Farming market on a global scale, the market is further segmented in key geographies of the world. This includes North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report covers macro- and micro-economic factors, production and consumption ratio, and supply and demand ratio of each sub-segment and segment in each region. 

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The study is all-inclusive of the consumption and production ratio, product types and applications, import/export, demand and supply gap, CAGR, market share and size, price analysis, and profit margins. The report provides insightful information about the strategic developments in the industry to assist the readers in making strategic investment and business decisions.

Key Offerings of the Global Digital Farming Market Report:

Drivers, restraints, opportunities, limitations, threats, and growth prospects
Regional analysis of the manufacturers along with production, consumption, and export/import
Comprehensive competitive landscape mapping
Strategic recommendations for established players and new entrants
Supply chain trends, latest technological developments, product advancements, and strategic developments
Extensive profiling of the key competitors along with their product portfolio and business overview

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Thank you for reading our report. Customization of the report is available according to the requirements of the clients. Kindly get in touch with us to know more about the report, and our team will ensure the report is tailored according to your needs.  

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