Smart Agriculture Market COVID-19Impact Analysis, Future Growth By Top Key Players Forecast To 2029
Smart Agriculture Market COVID-19Impact Analysis, Future Growth By Top Key Players Forecast To 2029
Large-scale data management for effective decision-making: Users of smart agricultural technologies face huge difficulty in data management.

The report also helps in understanding Smart Agriculture Market dynamics, structure by analyzing the market segments and projects the Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Product portfolio, growth strategies, and regional presence in the Smart Agriculture Market make the report investor’s.

Smart Agriculture Market Size in 2021 was worth US $ 15.03 Bn. at a CAGR of 9.7 % and it is expected to reach US $ 31.52 Bn. in 2029.

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Market Scope :

To get the final quantitative and qualitative data, all possible factors influencing the markets included in this research study have been considered, thoroughly analyzed, confirmed by primary research, and assessed. The market size for top-level markets and sub-segments is assessed, and the influence of inflation, economic crashes, regulatory & policy changes, and other variables is accounted for in market forecasting. This data is combined with detailed inputs and analysis from the firms and presented in this report.

To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The report's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and segment breakdowns are calculated using weights allocated to each segment based on their utilization rate and average sale price. The percentage adoption or usage of the given market Size in the corresponding area or nation is used to calculate the country-wise splits of the overall market and its sub-segments.

Smart Agriculture Market Overview :

The goal of this study is to give a comprehensive assessment of the Smart Agriculture  Market by segments and geography. The paper goes into great detail on the major variables impacting the growth of the Smart Agriculture market. The report also provides a thorough examination of the market's value chain.

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Smart Agriculture Market Segmentation :

Based on agriculture type, In 2021, the Livestock Monitoring section had the most share (22.04%). Precision livestock monitoring enables real-time monitoring of livestock welfare, output, and health to maintain optimal yields. Due to variables including growing dairy farm size and rising technical advancements, such as precision livestock monitoring, market players have been advised to concentrate on new product launches and considerable cost savings associated to livestock monitoring management. Livestock contributes significantly to agriculture as a whole, which gives it a significant role in the industry. It is an essential component of programmes aimed at reducing poverty and can be created quickly because to the abundance of all necessary inputs in the nation.

Based on Application, Due to rising demand for agricultural growth monitoring and decreased overall wastage from timely provision of needed water and minerals, the Precision Farming Applications segment held the largest share of% in 2021. Within Precision Farming Applications, the yield monitoring segment held the largest share of 44.53%. Using yield monitoring, farmers can better understand their plots and crops while also creating site-specific crop management plans. One of the main benefits of the yield monitoring system is that it displays the geographical and temporal variability in crop yields.

Smart Agriculture Market Key Players :

• Agjunction, Inc.
• Trimble, Inc.
• Deere & Company
• Trimble, Inc.
• AG Leader Technology
• Sst Development Group, Inc
• Agco Corporation
• The Climate Corporation
• Precision Planting, Inc.
• Semiosbio Technologies Inc.

Primary and secondary research is used to identify market leaders, while primary and secondary research is utilized to determine market revenue. Primary research included in-depth interviews with key thought leaders and industry professionals such as experienced front-line staff, CEOs, and marketing managers, while secondary research included an examination of the main manufacturers' quarterly and financial performance. Secondary sources are used to produce worldwide market percentage splits, market shares, growth rates, and breakdowns, which are then checked using primary data.

Regional Analysis :

Global, North America, Europe, Asia-Pacific, the Middle East, Africa, and South America market share statistics are accessible individually. Analysts at Maximize evaluate competitive strengths and conduct competitive analysis for each competitor individually.

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COVID-19 Impact Analysis on Smart Agriculture Market : 

The COVID-19 pandemic has impacted industries such as aerospace and military, agriculture, autos, retail and e-commerce, energy and power, healthcare, packaging, mining, electronics, banking, financial services, and insurance, among others. COVID-19 has had an influence on the Smart Agriculture market as a whole, as well as the growth rate in 2019-2020, as the impact of COVID-19 has spread. Our most recent questions, views, and market information are vital to the Smart Agriculture industry's firms and associations.

Key Questions Answered in the Smart Agriculture Market Report are :

  • Which segment grabbed the largest share in the Smart Agriculture market?
  • What was the competitive scenario of the Smart Agriculture market in 2021?
  • Which are the key factors responsible for the Smart Agriculture market growth?
  • Which region held the maximum share in the Smart Agriculture market in 2021?

 Reasons to Purchase the Smart Agriculture Market Report :

  • The Maximize Market Research (MMR) report contains a wealth of information about market dynamics and prospects for the anticipated time frame.
  • Segments and sub-segments exist for quantitative, qualitative, and value (USD Million) data.
  • Data on supply and demand trends at the national, regional, and sub-regional levels are provided.
  • The competitive landscape presents current innovations and strategies as well as the market shares of the leading rivals.
  • Companies that offer a variety of goods, financial information, cutting-edge technology, SWOT analyses, and business ideas.

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