The Worldwide Agriculture IoT Industry is Projected to Reach $20.4 Billion by 2027 - ResearchAndMarkets.com

The "Agriculture IoT Market Intelligence Report - Global Forecast to 2027" report has been added to ResearchAndMarkets.com's offering.

The Global Agriculture IoT Market is projected to reach USD 20,470.21 million by 2027 from USD 9,797.09 million in 2021, at a CAGR 13.06% during the forecast period.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available.

In this report, the years 2019 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

• The Americas Agriculture IoT Market size was estimated at USD 3,892.64 million in 2021, is expected to reach USD 4,278.57 million in 2022, and is projected to grow at a CAGR of 12.37% to reach USD 7,837.56 million by 2027.
• The Asia-Pacific Agriculture IoT Market size was estimated at USD 2,275.03 million in 2021, is expected to reach USD 2,608.07 million in 2022, and is projected to grow at a CAGR of 13.93% to reach USD 4,975.44 million by 2027.
• The Europe, Middle East & Africa Agriculture IoT Market size was estimated at USD 3,629.42 million in 2021, is expected to reach USD 4,084.43 million in 2022, and is projected to grow at a CAGR of 13.25% to reach USD 7,657.20 million by 2027.

Market Segmentation & Coverage:

This report identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making.

This market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.

This research report categorizes the agriculture IoT to forecast the revenues and analyze the trends in each of the following sub-markets:

Component:

• Hardware
  • Fish Farm Monitoring Hardware
  • Livestock Monitoring Hardware
  • Precision Farming & Forestry Hardware
  • Smart Greenhouse Hardware
• Services
• Software

Application:

• Fish Farm Monitoring Application
  • Feeding Management
  • Fish Tracking & Fleet Navigation
  • Water Quality Management
• Livestock Monitoring Application
  • Animal Comfort Management
  • Animal Feeding Management
  • Behavior Monitoring and Management
  • Breeding Management
  • Heat Stress Management
  • Milk Harvesting Management
• Precision Farming Application
  • Crop Scouting
  • Farm Labor Management
  • Farm Yield Monitoring
  • Field Mapping
  • Financial Management
  • Inventory Management
  • Irrigation Management
  • Weather Tracking & Forecasting
• Precision Forestry Application
  • Genetics & Nursery
  • Harvesting Management
  • Inventory & Logistics Management
  • Silviculture & Fire Management
• Smart Greenhouse Application
  • HVAC Management
  • Water & Fertilizer Management
  • Yield Monitoring

Region:

• Americas
  • Argentina
  • Brazil
  • Canada
  • Mexico
  • United States
• Asia-Pacific
  • Australia
  • China
  • India
  • Indonesia
  • Japan
  • Malaysia
  • Philippines
  • Singapore
  • South Korea
  • Taiwan
  • Thailand
• Europe, Middle East & Africa
  • France
  • Germany
  • Italy
  • Netherlands
  • Qatar
  • Russia
  • Saudi Arabia
  • South Africa
  • Spain
  • United Arab Emirates
  • United Kingdom

Company Usability Profiles:

• Accenture PLC
• AGCO Corporation
• AgJunction, Inc.
• Deere & Company
• Delaval, Inc.
• DJI
• DroneDeploy, Inc.
• Farmers Edge, Inc.
• Flux Farm, Inc.
• Gamamya S.A.
• GEA Group AG
• Hexagon AB
• Hitachi, Ltd.
• International Business Management Corporation
• Komatsu Ltd.
• Merck and Co. Inc.
• N-iX LTD
• Ponsse Oyj
• Raven Industries, Inc.
• SlantRange, Inc.
• TeeJet Technologies
• Telit
• TELUS
• Topcon Positioning Systems, Inc.
• Trimble Inc.

For more information about this report visit https://www.researchandmarkets.com/r/7tbmiy

View source version on businesswire.com: https://www.businesswire.com/news/home/20221003005672/en/