Global Smart Farming Market 2017-2021 with AGCO, Ag Leader Technology, DICKEY-john, John Deere & Raven Industries Dominating

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20 Dec, 2017, 16:00 GMT

DUBLIN, Dec. 20, 2017 /PRNewswire/ --

The "Global Smart Farming Market 2017-2021" report has been added to Research and Markets' offering.

The global smart farming market to grow at a CAGR of 12.24% during the period 2017-2021.

Global Smart Farming Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is big data in smart farming. Big data in smart farming is giving rise to a lot of opportunities in the agriculture industry. Improvement in wireless communication in the agricultural field is leading to growth in production level. Moreover, improvements in functional safety, and repair and maintenance of equipment in the field are giving rise to a crop production level.

According to the report, one driver in the market is availability of low-cost cloud services encourages farmers to adopt smart farming. Currently, farming applications are increasingly moving to the cloud system, with farmers aiming at benefits in terms of better data access, availability of information, synchronization in different farming activities, and storage of valuable information. In smart farming, sensors and other monitoring tools are of great importance as they collect information about the soil, crop health, and environmental conditions that might affect the crops. The vast amount of information generated by these monitoring devices is collected in the cloud so that farmers can get easy access to the information they need.

Further, the report states that one challenge in the market is high initial investment in smart farming technology. The adoption of smart farming tools and techniques in both hardware and software is growing worldwide. However, investment in these tools is a major concern in many places. Some farmers find it difficult to afford, implement, and upgrade the technology of the tools. Moreover, software integration is expensive and requires high initial investment. The charges for other data analytics tools and training are also high, which adds to the overall cost incurred by farmers.

Key vendors

  • AGCO
  • Ag Leader Technology
  • DICKEY-john
  • John Deere
  • Raven Industries

Other prominent vendors

  • Auroras
  • Farmers Edge
  • Iteris
  • PrecisionHawk
  • Precision Planting
  • Trimble

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Sizing

Part 07: Market Segmentation By Product

Part 08: Market Segmentation By Application

Part 09: Regional Landscape

Part 10: Decision Framework

Part 11: Drivers And Challenges

Part 12: Market Trends

Part 13: Vendor Landscape

Part 14: Vendor Analysis

Part 15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/kl78ls/global_smart?w=5

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