IoT in Smart Farming Market
IoT in Smart Farming Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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IoT in Smart Farming Market Size and Growth
The IoT in Smart Farming market is experiencing robust growth, driven by increasing agricultural productivity and efficiency demands. The market size is projected to reach approximately $20 billion by 2028, reflecting a compound annual growth rate (CAGR) of over 25%. Advancements in connectivity and precision agriculture are key growth factors.
Companies Covered
(Covid 19 Impact Covered)
◍ Cisco
◍ Precision Planting
◍ Oracle
◍ IBM
◍ John Deere
◍ KaaIoT Technologies
◍ AGCO
◍ Virtus Nutrition
◍ Trimble
◍ Accenture
◍ Link Labs
◍ Pycno
◍ Auroras
◍ Senix
◍ Mouser Electronics
◍ Libelium
◍ CEMA
◍ SemiosBio Technologies
The IoT in Smart Farming market features companies like John Deere and Trimble utilizing precision agriculture, while Cisco and IBM focus on connectivity and analytics. Companies like AGCO and Precision Planting improve crop yields through data insights. Revenue figures include:
- John Deere: $39.2 billion
- Trimble: $3.1 billion
- IBM: $57.4 billion.
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Market Segmentation
By Application
Precision Farming
Precision Forestry
Livestock Monitoring
Fish Farm Monitoring
Smart Greenhouse
Others
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By Product
Hardware
Software
Service
Market Growth
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$ X Billion USD
