Connected Agriculture Market to Reach USD 16.91 BN by 2032

As per the report by Value Market Research, it is anticipated that the global Connected Agriculture market will witness a value growth to USD 16.91 BN by the year 2032, registering a Compound Annual Growth Rate of 12.1% over the period spanning from 2024 to 2032.   

The global connected agriculture market is undergoing significant growth, driven by the increasing integration of advanced technologies in farming practices. Connected agriculture, often referred to as smart farming or precision agriculture, involves the use of sensors, Internet of Things (IoT) devices, and data analytics to optimize various aspects of farming operations. Farmers are adopting connected agriculture solutions to monitor and manage crops, livestock, and equipment more efficiently. IoT sensors offer real-time information on soil conditions, weather patterns, and crop health, empowering farmers to optimize the utilization of resources based on data. This leads to improved yields, reduced costs, and enhanced sustainability in agriculture. The increasing population and the imperative for food security are driving market growth, leading the agriculture industry to adopt technology for improved productivity. Governments and agricultural organizations are supporting this shift by promoting digital agriculture initiatives and offering subsidies for technology adoption in farming. The Asia-Pacific region, with its large agricultural sector and growing technology adoption, is expected to be a significant contributor to the connected agriculture market. As the agriculture industry continues to modernize, the globally connected agriculture market is poised for sustained growth, driven by the ongoing advancements in agtech solutions and the imperative to meet the demands of a growing population.

The report titled "Global Connected Agriculture Market Report By Component (Solution (Network Management, Agriculture Asset Management, Supervisory Control), Service) By Application (Smart Logistics, Smart Irrigation, Farming Planning and Management) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2023-2032" constitutes a comprehensive compilation of data, encompassing a market overview, executive summary, and detailed revenue analysis categorized by segments and regions. The study provides an insightful exploration of historical trends, coupled with an examination of the geo-economic conditions impacting the Connected Agriculture market. This meticulous approach contributes to the creation of a robust and reliable report, offering valuable insights into the industry.             

The following segments in the market are covered in the report :

By Component

• Solution (Network Management, Agriculture Asset Management, Supervisory Control)
• Service

By Application

• Smart Logistics
• Smart Irrigation
• Farming Planning and Management

The report is structured into five distinct regions: North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa. This segmentation allows for a comprehensive analysis of the market dynamics and trends within each specific

Players Profiled In the Report:

Cisco Systems Inc., IBM Corporation, SAP SE, Trimble Navigation Ltd, Microsoft Corporation, Vodafone Group PLC, Accenture PLC, SWIIM System, Orange Business Services, Link Labs LLC.