TheGlobal IoT in Agriculture Market research report recently published by EmergenResearch is a comprehensive guide for business development and working. Theglobal IoT in Agriculture market is expected to grow at a high CAGR in theforecast period of 2020-2027. Rising investments and technological advancementsare expected to significantly drive the growth of the market throughout theforecast period.
InOctober 2019, Raven Industries announced to acquire majority ownership of theDOT autonomous platform. The acquisition will accelerate the development ofprecision agricultural technology from semi to fully autonomous solutions.
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Key Highlights From TheReport
· In October2019, Raven Industries announced to acquire majority ownership of the DOTautonomous platform. The acquisition will accelerate the development ofprecision agricultural technology from semi to fully autonomous solutions.
· Hardware heldthe largest market share of 48.3% in the year 2019 as it enhances cropproductivity and quality.
· Livestockmonitoring is forecasted to grow with the fastest CAGR of 11.3% over theforecast period. It helps the farmers lower labor costs and prevents the spreadof diseases among the cattle.
· The AsiaPacific region is expected to be the fastest-growing region over the forecastperiod due to the growing global population and the increasing requirement forfood in the developing countries.
Thereport also covers the SWOT analysis of the key competitors and containsfeasibility analysis, investment return analysis, and Porter’s Five ForcesAnalysis.
Regional Analysis:
Theregional analysis states the global market is bifurcated into The report alsocovers import export consumption, supply and demand ratio, cost, pricinganalysis, gross margin, and revenue estimation of each player in each region.
· NorthAmerica (U.S., Canada)
· Europe(U.K., Italy, Germany, France, Rest of EU)
· AsiaPacific (India, Japan, China, South Korea,Australia, Rest of APAC)
· LatinAmerica (Chile, Brazil, Argentina, Rest ofLatin America)
· MiddleEast & Africa (Saudi Arabia,U.A.E., South Africa, Rest of MEA)
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Key Benefits of the Global IoT in Agriculture Report:
· Comprehensiveanalysis of the changing competitive landscape
· Assistsin decision making processes for the businesses along with strategicrecommendations to circumvent barriers and challenges efficiently
· Thereport offers an 8-year forecast and assessment of the Global IoT in AgricultureMarket
· Acomprehensive regional analysis of the Global IoT in Agriculture Market andinsights into the regions anticipated to show lucrative growth
· Detailedanalysis of the factors influencing the growth of the Global IoT in AgricultureMarket
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At Emergen Research, we believe in advancing with technology. We area growing market research and strategy consulting company with an exhaustiveknowledge base of cutting-edge and potentially market-disrupting technologiesthat are predicted to become more prevalent in the coming decade.
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