Title: Smart Agriculture Market Report – Forecast (2022-2027)
1Smart Agriculture Market Forecast (2022 -
2027)Market size, Industry outlook, Market
Forecast, Demand Analysis, Market Share, Market
Report 2022-2027
Contact Venkat Reddy sales_at_industryarc.com
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- The global Smart Agriculture Market is currently
valued at 13.1 billion in 2022 and is expected
to reach a valuation of 20.8 billion by 2027
growing at a CAGR of 9.5. - The adoption of advanced technologies such as
internet of things (IoT), ML (Machine Learning),
GPS (Global Positioning System), GIS (Global
Information System), and other technologies has
drastically enhanced productivity, reduced the
cost of production, and preserve the health of
the soil in the long run. - The Smart Agriculture market can be classified
into many segments according to types such as
Precision Farming, Livestock farming,
Aquaculture, Greenhouse, and others.
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- Key Takeaways
- Precision farming will be the fastest-growing
segment with a CAGR of 10.25 in the Smart
Agriculture market due to efficient water usage,
ability to collect real-time data on crop
variables, and reduction in herbicide/fertilizer
application which will encourage their widespread
adoption. - APAC region holds the largest market share at 33
due to rapid technological advancement.
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By Type - Segment Analysis The Smart Agriculture
market can be classified into many segments
according to types such as Precision Farming,
Livestock farming, Aquaculture, Greenhouse, and
others. Among them, Precision Farming will have
the fastest growth at a CAGR of 10.25 in the
forecast period of 2022-2027. Improved water
efficiency, reduction in the usage of pesticides/
fertilizers, and real-time data collection of
various crop variables are some of the major
factors that are driving the growth of this
market.
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- Smart AgricultureMarket- Competitive Landscape
- AFIMILK LTD.
- AGJUNCTION INC
- AGCO CORPORATION
- AGEAGLE AERIAL SYSTEMS INC.
- DEERECOMPANY
- DELAVAL INC.
- LUMIGROW INC.
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Smart Agriculture Market Forecast (2022 -
2027) Learn More About the Report _at_
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
Inquiry Before Buying
Email sales_at_industryarc.com