Global Connected Agriculture Market Connected Agriculture Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
- Use of modern technologies in agricultural products
In agricultural products, the use of modern technologies such as mapping software, variable rate technology (VRT), yield mapping software, GPS, and data management software helps to improve land fertility and profitability, facilitate sustainable agriculture, maximise productivity, and reduce farming costs.
Administrative efforts and campaigns
The administration has launched a campaign to persuade agro-industrialists and farmers to advance and increase their field yield. This has boosted the exchange market in farming areas suffering from clay and H2O degeneration. Furthermore, the rise in society necessitates the creation of a food market, which, if realised, is expected to expand business expansion.
Restraints
However, the high investment associated with installation of this technology will pose a major challenge to the market growth. The lack of awareness about the concept of connected agriculture in developing and underdeveloped economies will further derail market growth.
This connected agriculture market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the connected agriculture market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Post COVID-19 Impact on Connected Agriculture Market
The smart agriculture market gained traction in the latter half of 2020 as a result of new orders and contracts. With rising demand for equipment and automation products in various applications such as precision farming, precision livestock, precision aquaculture, precision forestry, smart greenhouse, and horticulture, the market is expected to experience a U-shaped recovery in 2021. As a result, the need for automation and the adoption of advanced technologies in agriculture is expected to drive the growth of the smart agriculture market.
Recent Development
- DeLaval introduced the RC550 and RC700 robot collectors for solid floors in March 2021, with the goal of improving cow comfort and hoof condition. They can handle any manure without using additional water thanks to their unique rotary manure intake system.
- John Deere made significant advancements to its flagship digital product, the Operations Center, in January 2021, by adding a new Work Planner feature that allows farmers to streamline their work setup experience and help operators work more quickly in the field. It provides farmers with a comprehensive tool for managing their farms, including the ability to set up, plan, monitor, and analyse data.
Global Connected Agriculture Market Scope
The connected agriculture market is segmented on the basis of component and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Component
- Solution
- Platform
- Services
On the basis of component, the connected agriculture market is segmented into solution, platforms and services. Solution segment is sub-segmented into network management, agriculture asset management, supervisory control and data acquisition, logistics and supply chain management and smart water management. Network Management segment is further bifurcated into remote monitoring, network bandwidth management, analytics and network and application security. Platforms segment is sub-segmented into device management, application enablement and connectivity management. Services segment is sub-segmented into consulting, integration and implementation and support and maintenance.
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