IoT-based Smart Agriculture: Global Markets

The global market for IoT-based smart agriculture is valued at $12.8 billion in 2021 and is estimated togrow from $15.1 billion in 2022 to $26.5 billion in 2027 with a compound annual growth rate (CAGR) of 12.1% for the period of 2022-2027.

The global market for IoT-based smart outdoor farming is valued at $4.9 billion in 2021 and is estimated to grow from $5.8 billion in 2022 to $11.1 billion in 2027 with a CAGR of 13.7% for the period of 2022-2027.

The global market for IoT-based smart indoor farming is valued at $2.8 billion in 2021 and is estimated to grow from $3.3 billion in 2022 to $6.1 billion in 2027 with a CAGR of 12.9% for the period of 2022-2027.

Report Scope:

The report provides an overview of the global market for IoT-based smart agriculture and analyzes market trends. Using 2021 as the base year, the report provides estimated market data for 2022 through 2027. Revenue forecasts for this period are segmented by component, connectivity technology, deployment, application and region. The report also focuses on the major driving trends and challenges that affect the market. The report explains the current trends in the IoT-based smart agriculture market, concluding with detailed profiles of the major global IoT-based smart agriculture players.

Report Includes:

35 data tables and 38 additional tables
A comprehensive overview of the global market for IoT based smart agriculture
Estimation of the market size and analyses of market trends, with data from 2021, estimates for 2022 and projections of compound annual growth rates (CAGRs) through 2027
Highlights of the market potential for IoT based smart agriculture market by component, deployment mode, connectivity technology, application, and region
Coverage of historical background of smart agriculture and information on technology-based aquaculture farming
Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market size and forecast, and assessment of new developments in the industry
Market share analysis of the key companies of the industry and coverage of events like mergers & acquisitions, joint ventures, collaborations or partnerships, and other key market strategies and a relevant patent analysis
Company profiles of major market players within the industry, including Topcon, Farmers Edge Inc., Bayer AG and Yara.

Product Code: IAS189A

Chapter 1 Introduction

Introduction
Study Goals and Objectives
Reasons for Doing This Study
Scope of Report
Information Sources
Methodology
Intended Audience
Geographic Breakdown
Analyst's Credentials
BCC Custom Research
Related BCC Research Reports

Chapter 2 Summary and Highlights

Chapter 3 Market and Technology Background

Technology Overview
Evolution of IoT-Based Smart Agriculture
Global Market for IoT-Based Smart Agriculture Value Chain
Smart Devices and Equipment
Connectivity Providers
Digital Services
End Users
Cloud Computing in IoT-based Smart Agriculture
On Cloud
On-premises
IoT Network Platforms Used in Hardware
Cellular and M2M
Bluetooth
Wi-Fi
LoRa
Others
Porter's Five Forces Analysis
Bargaining Power of Suppliers
Bargaining Power of Buyers
Threat of New Entrants
Competitive Rivalry
Threat of Substitutes
Impact of COVID-19 on the Market for IoT-Based Smart Agriculture
Positive Impact
Negative Impact
Market Drivers
Optimization of Resources
GHG Emission Reduction
Global Food Insecurity
Market Restraints
Initial Setup/Operational Cost
Market Opportunities
AI, ML, Cloud Computing and Predictive Analytics
Drones and Robots
Market Challenge
Limited Connectivity and Interoperability

Chapter 4 Market Breakdown by Business Segment

Introduction
Hardware
Sensors
Automation and Control
Guidance and Navigation
Others
Software and Solutions
Services

Chapter 5 Market Breakdown by Application

Introduction
Higher Production
Transparency
Environmental Sustainability
Enhanced Quality
Resource Optimization
Smart Outdoor Farming
Observation
Diagnostics
Decisions
Action
Variable Rate Application Technology (VRT)
Yield Monitoring and Mapping
Drip Irrigation
Smart Livestock
Smart Indoor Farming
Greenhouse Farming
Vertical Farming
Smart Aquaculture
Others

Chapter 6 Market Breakdown by Region

Introduction
Americas
United States
Canada
Mexico
Argentina
Brazil
Rest of Americas
Europe
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific
China
Japan
India
Rest of Asia-Pacific
Rest of the World
Middle East
Africa

Chapter 7 Competitive Landscape

Market Rank Analysis
Strategic Analysis
Product Innovations
Collaboration, Expansion and Joint Ventures
Partnerships, Acquisitions and Agreement

Chapter 8 Company Profiles

AGCO CORP.
AG LEADER TECHNOLOGY INC.
AKVA GROUP
BAYER AG
CNH INDUSTRIAL N.V.
CORTEVA INC.
CROPX INC
DEERE & CO.
FARMERS EDGE INC.
KUBOTA CORP.
MERCK & CO. INC.
TEEJET TECHNOLOGIES
TOPCON
TRIMBLE INC.
YARA

Chapter 9 Appendix: List of Acronyms

Product Code: IAS189A

List of Tables

Summary Table : Global Market for IoT-based Smart Agriculture, by Application, Through 2027
Table 1 : Global Market for IoT-Based Smart Agriculture Evolution Timeline: Overview
Table 2 : Benefits of Cloud Computing in IoT-Based Smart Agriculture
Table 3 : Major Connectivity Platforms, IoT-Based Smart Agriculture
Table 4 : Porter's Five Forces Analysis: Overview
Table 5 : Major Technological Usage in Agriculture
Table 6 : Estimation of GHG Emissions of a Prairie (Grassland)
Table 7 : Global Market for IoT-Based Smart Agriculture, by Business Segment, Through 2027
Table 8 : Global Market for Hardware Applications in IoT-Based Smart Agriculture, by Region, Through 2027
Table 9 : Global Market for the Application of Software and Solutions in IoT-Based Smart Agriculture, by Region, Through 2027
Table 10 : Global Market for Services in IoT-Based Smart Agriculture, by Region, Through 2027
Table 11 : Global Market for IoT-based Smart Agriculture, by Application, Through 2027
Table 12 : Global Market for IoT-based Smart Outdoor Farming, by Region, Through 2027
Table 13 : Global Market for IoT-based Smart Livestock Management, by Region, Through 2027
Table 14 : Global Market for IoT-Based Smart Indoor Farming, by Region, Through 2027
Table 15 : Global Market for IoT-Based Smart Aquaculture, by Region, Through 2027
Table 16 : Global Market for IoT-Based Other Farming, by Region, Through 2027
Table 17 : Global Market for IoT-Based Smart Agriculture, by Region, Through 2027
Table 18 : Americas Market for IoT-Based Smart Agriculture, by Country, Through 2027
Table 19 : Americas Market for IoT-Based Smart Agriculture, by Business Segment, Through 2027
Table 20 : Americas Market for IoT-Based Smart Agriculture, by Application, Through 2027
Table 21 : European Market for IoT-Based Smart Agriculture, by Country, Through 2027
Table 22 : European Market for IoT-Based Smart Agriculture, by Business Segment, Through 2027
Table 23 : European Market for IoT-Based Smart Agriculture, by Application, Through 2027
Table 24 : Asia-Pacific Market for IoT-Based Smart Agriculture, by Country, Through 2027
Table 25 : Asia-Pacific Market for IoT-Based Smart Agriculture, by Business Segment, Through 2027
Table 26 : Asia-Pacific Market for IoT-Based Smart Agriculture, by Application, Through 2027
Table 27 : Middle East and African Market for IoT-Based Smart Agriculture, by Country, Through 2027
Table 28 : Middle East and African Market for IoT-based Smart Agriculture, by Business Segment, Through 2027
Table 29 : Middle East and African Market for IoT-Based Smart Agriculture, by Application, Through 2027
Table 30 : Top Five Players, Global Market for IoT-Based Smart Agriculture Market, 2021
Table 31 : Global Market for IoT-Based Smart Agriculture, Product Innovations, Jan. 2021-June 2022
Table 32 : Global Market for IoT-Based Smart Agriculture, Collaborations, Expansions and Joint Ventures, March 2021-April 2022
Table 33 : Global Market for IoT-Based Smart Agriculture, Partnership, Acquisition and Agreement Jan. 2021-May 2022
Table 34 : AGCO Corp.: Recent Financial Performance, FY 2019-FY 2021
Table 35 : AGCO Corp.: IoT-Based Smart Agriculture Offerings
Table 36 : AGCO Corp.: Recent Developments, 2021 and 2022
Table 37 : Ag Leader Technology: IoT-Based Agriculture Offerings
Table 38 : Ag Leader Technology: Recent Developments, 2021
Table 39 : AKVA group: Recent Financial Performance, 2019-2021
Table 40 : AKVA Group: IoT-Based Agriculture Offerings
Table 41 : AKVA Group: Recent Developments, 2021
Table 42 : Bayer AG: Recent Financial Performance, 2019-2021
Table 43 : Bayer AG: IoT-Based Agriculture Offerings
Table 44 : Bayer AG: Recent Developments, 2021 and 2022
Table 45 : CNH Industrial N.V.: Recent Financial Performance, FY 2019-FY 2021
Table 46 : CNH Industrial N.V.: IoT-Based Smart Agriculture Offerings
Table 47 : CNH Industrial N.V.: Recent Developments, 2021 and 2022
Table 48 : Corteva, Inc.: Company Financials, FY 2019-2021
Table 49 : Corteva Inc.: IoT-Based Smart Agriculture Offerings
Table 50 : Corteva Inc.: Recent Developments, 2021
Table 51 : CropX, Inc: IoT-Based Agriculture Offerings
Table 52 : CropX Inc: Recent Developments, 2021 and 2022
Table 53 : Deere & Co.: Recent Financial Performance, FY 2019-FY 2021
Table 54 : Deere & Co.: IoT-Based Smart Agriculture Offerings
Table 55 : Deere & Co.: Recent Developments, 2021
Table 56 : Farmers Edge Inc.: IoT-Based Smart Agriculture Offerings
Table 57 : Farmers Edge Inc.: Recent Developments, 2021 and 2022
Table 58 : Kubota Corp.: Recent Financial Performance, FY 2019-FY 2021
Table 59 : Kubota Corp.: IoT-Based Smart Agriculture Offerings
Table 60 : Kubota Corp.: Recent Developments, 2021 and 2022
Table 61 : Merck & Co. Inc.: Recent Financial Performance, FY 2019 FY 2021
Table 62 : Merck & Co. Inc.: IoT-Based Agriculture Offerings
Table 63 : Merck & Co. Inc.: Recent Developments, 2021
Table 64 : TeeJet Technologies: IoT-Based Smart Agriculture Offerings
Table 65 : Topcon: Recent Financial Performance, FY 2019-FY 2021
Table 66 : Topcon: IoT-Based Smart Agriculture Offerings
Table 67 : Topcon: Recent Developments, 2021 and 2022
Table 68 : Trimble Inc.: Recent Financial Performance, FY 2019-FY 2021
Table 69 : Trimble Inc.: IoT-Based Agriculture Offerings
Table 70 : Trimble Inc.: Recent Developments, 2021 and 2022
Table 71 : Yara: Recent Financial Performance, 2019-2021
Table 72 : Yara: IoT-Based Smart Agriculture Offerings
Table 73 : List of Acronyms

List of Figures

Summary Figure : Global Market for IoT-based Smart Agriculture, 2021-2027
Figure 1 : Global Market for IoT-Based Smart Agriculture Integration with Sustainable Development Goals (SDGs)
Figure 2 : Global Market for IoT-Based Smart Agriculture: Value Chain
Figure 3 : Porter's Five Forces Analysis
Figure 4 : Global Market for IoT-Based Smart Agriculture Market-Bargaining Power of Suppliers
Figure 5 : Global Market for IoT-Based Smart Agriculture Market-Bargaining Power of Consumers
Figure 6 : Global Market for IoT-Based Smart Agriculture Market-Threat of New Entrants
Figure 7 : Global Market for IoT-Based Smart Agriculture Market-Competitive Rivalry
Figure 8 : Global Market for IoT-Based Smart Agriculture Market-Threat of Substitutes
Figure 9 : Global Population Count Projections
Figure 10 : Global Market Shares of IoT-Based Smart Agriculture, by Business Segment, 2021
Figure 11 : Global for Market Shares of Hardware Applications in IoT-Based Smart Agriculture, by Region, 2021
Figure 12 : Global Market Shares of the Application of Software and Solutions in in IoT-Based Smart Agriculture, by Region, 2021
Figure 13 : Global Market Shares of Services in IoT-Based Smart Agriculture, by Region, 2021
Figure 14 : Global Market for IoT-based Smart Agriculture Benefits
Figure 15 : Global Market Shares of IoT-Based Smart Agriculture, by Application, 2021
Figure 16 : Smart Farming Workflow Structure
Figure 17 : Global Market Shares of IoT-Based Smart Outdoor Farming, by Region, 2021
Figure 18 : Global Market Shares of IoT-Based Smart Livestock Management, by Region, 2021
Figure 19 : Global Market Shares of IoT-Based Smart Indoor Farming, by Region, 2021
Figure 20 : Global Market Shares of IoT-Based Smart Aquaculture, by Region, 2021
Figure 21 : Global Market Shares of IoT-Based Other Farming, by Region, 2021
Figure 22 : Global Market Shares of IoT-Based Smart Agriculture, by Region, 2021
Figure 23 : Americas Market Shares of IoT-Based Smart Agriculture, by Country, 2021
Figure 24 : Americas Market Shares of IoT-Based Smart Agriculture, by Business Segment, 2021
Figure 25 : Americas Market Shares of IoT-Based Smart Agriculture , by Application, 2021
Figure 27 : Canadian Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 28 : Mexican Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 29 : Argentine Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 30 : Brazilian Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 31 : Rest of Americas Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 32 : European Market Shares of IoT-Based Smart Agriculture, by Country, 2021
Figure 33 : European Market for IoT-Based Smart Agriculture, by Business Segment, 2021
Figure 34 : European Market Shares of IoT-Based Smart Agriculture, by Application, 2021
Figure 35 : German Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 36 : U.K. Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 37 : France Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 38 : Italian Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 39 : Spanish Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 40 : Rest of European Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 41 : Asia-Pacific Market Shares of IoT-Based Smart Agriculture, by Country, 2021
Figure 42 : Asia-Pacific Market Shares of IoT-Based Smart Agriculture, by Business Segment, 2021
Figure 43 : Asia-Pacific Market Shares of IoT-Based Smart Agriculture, by Application, 2021
Figure 44 : Chinese Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 45 : Japanese Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 46 : Indian Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 47 : Rest of APAC Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 48 : Middle East and African Market Shares of IoT-Based Smart Agriculture, by Country, 2021
Figure 49 : Middle East and African Market Shares of IoT-Based Smart Agriculture, by Business Segment, 2021
Figure 50 : Middle East and African Market Shares of IoT-Based Smart Agriculture, by Application, 2021
Figure 51 : Middle Eastern Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 52 : African Market for IoT-Based Smart Agriculture, by Country, 2021-2027
Figure 53 : AGCO Corp.: Revenue, by Business Segment, FY 2021
Figure 54 : AGCO Corp.: Revenue, by Region, FY 2021
Figure 55 : AKVA Group: Revenue, by Segment, 2021
Figure 56 : AKVA Group: Revenue, by Region, 2021
Figure 57 : Bayer AG: Revenue, by Segment, 2021
Figure 58 : Bayer AG: Revenue, by Region, 2021
Figure 59 : CNH Industrial N.V.: Revenue, by Segment, FY 2021
Figure 60 : CNH Industrial N.V.: Revenue, by Region, FY 2021
Figure 61 : Corteva, Inc.: Revenue, by Business Segment, 2021
Figure 62 : Corteva, Inc.: Revenue, by Region, 2021
Figure 63 : Deere & Co.: Revenue, by Segment, FY 2021
Figure 64 : Deere & Co.: Revenue, by Region, FY 2021
Figure 65 : Kubota Corp.: Revenue, by Segment, FY 2021
Figure 66 : Kubota Corp.: Revenue, by Region, FY 2021
Figure 67 : Merck & Co. Inc.: Revenue, by Segment, FY 2021
Figure 68 : Merck & Co. Inc.: Revenue, by Region, FY 2021
Figure 69 : Topcon: Revenue, by Segment, FY 2021
Figure 70 : Topcon: Revenue, by Region, FY 2021
Figure 71 : Trimble Inc.: Revenue, by Segment, FY 2021
Figure 72 : Trimble Inc.: Revenue, by Region, FY 2021
Figure 73 : Yara: Revenue, by Segment, 2021

IoT-based Smart Agriculture: Global Markets

Description

Table of Contents

List of Tables

Highlights:

Report Scope:

Report Includes:

Table of Contents

Chapter 1 Introduction

Chapter 2 Summary and Highlights

Chapter 3 Market and Technology Background

Chapter 4 Market Breakdown by Business Segment

Chapter 5 Market Breakdown by Application

Chapter 6 Market Breakdown by Region

Chapter 7 Competitive Landscape

Chapter 8 Company Profiles

Chapter 9 Appendix: List of Acronyms

List of Tables

List of Figures