Global IoT In Agriculture Market Outlook 2024: Global Opportunity And Demand Analysis, Market Forecast, 2016-2024 (1)

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Global IoT In Agriculture Market Outlook 2024: Global Opportunity And Demand Analysis, Market Forecast, 2016-2024 (1)

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Title: Global IoT In Agriculture Market Outlook 2024: Global Opportunity And Demand Analysis, Market Forecast, 2016-2024 (1)


1
India IoT in Agriculture Market Outlook
India IoT in Agriculture Market Outlook 2024
Opportunity Growth Analysis, 2016-2024
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India IoT in Agriculture Market Size (USD
Billion)-2016-2024
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  • India IoT in Agriculture Market is anticipated to
    expand at a compound annual growth rate of XX
    during the forecast period i.e. 2016-2024. There
    are a myriad of benefits, as mentioned above,
    such as cost, scale, and productivity, which are
    driving the growth behind the increasing use of
    IoT in Agriculture in IT infrastructure.
  • According to reports, India is expected to
    capture XX share in the global Internet of
    Things (IoT) market. India already has a strong
    base in technology and the public-industry
    partnership is bound to bring about a monumental
    change. One of the most notable IoT initiatives
    for India will be delivering health, education
    and financial services to remote areas. Thereby,
    building a bridge between rural and urban India
    with IoT will be a landmark step in empowering
    millions in rural India and tackling.
  • Technology giants such as Siemens, Toshiba,
    Microsoft, Oracle, Hitachi, and Ericsson are
    pumping funds and research teams into the
    technology and looking forward to exploit
    opportunities in India IoT market.

3
India IoT in Agriculture Market Outlook
India IoT in Agriculture Market Share(), By
Region-2016-2024
India IoT in Agriculture Market Size USD
(Billion). 2016-2024
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In 2016, IoT Devices accounted for the highest
market share XX in India IoT in Agriculture
market
With XX share in 2016, Tier-I region dominated
the collective India IoT market
India IoT Market Share (), By End Users- 2016
India IoT in Agriculture Market Share (), By
Software-2016
India IoT in Agriculture Market Share(), By
Components-2016
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India IoT in Agriculture Market Outlook
  • In 2016, IoT devices dominated the market IoT
    devices segment accounted for nearly XX of the
    total IoT market and remaining XX went for
    platforms and sensors actuators. The main
    reason for this despaired share is due to the
    rising demand for IoT market trend owing to the
    ease of data management and real time monitoring.
  • However, as the internet related technology is on
    rise (especially in developing countries), the
    India IoT market is projected to reach USD XXXX
    million in 2024 from USD XXXX million in 2016,
    registering a growth rate of XX. In addition to
    that, Tier-I cities of India IoT market touched
    USD XXXX million in 2016 and rising demand for
    IoT software and solutions in the region is
    expected to accelerate the market to USD XXXX
    billion by the end of 2024
  • As a result, if seen from the big market point
    of view, IoT devices demand is higher in
    consumer electronics followed by other
    transportation, manufacturing, energy, retail and
    healthcare facilities. Moreover, the rising IT
    expenditure in India on the back of new
    industrial/commercial reforms and rising
    investment in IT and AI sector is expected to
    bolster the growth of IoT in India
  • With USD XXXX million in 2016, consumer
    electronics has the highest demand followed by
    manufacturing, transportation, energy, retail,
    healthcare, education and agriculture sector. The
    advancement in IoT devices are encouraging the
    hospitals and logistics to adopt the advanced
    devices to obtain accurate and robust data. The
    precise data would further help the target user
    to provide better facilities
  • Further, increasing spending by major technology
    companies on research and development of
    innovative and advanced IoT technology along with
    rising internet penetration are some of the major
    reasons behind the spiked growth of India IoT
    market.
  • The global IoT in agriculture market size valued
    USD 4.40 billion in 2015 and is projected to grow
    at CAGR of 28.30 during the forecast period.

Growing IT Spending
Technological Advancements
Rising Adoption of Smartphone
Declining cost of sensors
Adoption Rate () of IoT Technology
North America
Europe
Asia-Pacific
XX
2016
XX
XX
2024
XX
XX
XX
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IoT Startup Landscape in India
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City Wise Distribution of IoT Startups in India
Sector Wise Distribution of IoT Startups in India
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  • Bengaluru ranked the highest with XXX startups
    registered in the city. National Capital Region
    (NCR) and Mumbai took the second and third spots,
    respectively. Hyderabad and Pune took the fourth
    and fifth spots, respectively. Among IoT
    startups, no single vertical took a significant
    chunk of the pie with companies well distributed
    across segments such as healthcare, transport,
    agritech, services, logistics.
  • With smart watches, smart glasses, smart cities,
    smart infrastructure, wearable devices, consumers
    are witnessing a phase of internet being extended
    beyond desktops and mobile devices. Additionally,
    the dropped cost of sensors, processing power and
    bandwidth to connect devices are some of the
    reasons that have spurred the widespread
    deployment of IoT.
  • While larger corporations certainly see benefits
    of IoT in Agriculture services, startups in
    general tend to see the largest benefit, as
    startups face financial clout and do not always
    have the cash or resources to spend on physical
    infrastructure. So, if startups are able to save
    30 on IT resources, as was shown above, then it
    can be a huge boon for them in launching their
    products and being able to compete with larger
    businesses.

6
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India IoT in Agriculture Market Share (), By
Components, 2016-2024
  • Asia-Pacific IoT platform services market is
    expected to expand at a CAGR of XX during the
    forecast period i.e. 2016-2024. Modernization of
    lifestyle and penetration of internet among the
    population in India, China, Japan and other major
    economies along with the rising awareness towards
    IOT advantages are propelling the demand for IoT
    Market
  • Advancement in every devices by implementing
    internet of things and artificial intelligence
    technologies tends to enhance the design and test
    functionality of devices. Enhancement in design
    and portability of IoT devices are driving the
    growth of IoT market
  • IoT Platforms tends to dominate the market by XX
    of market share owing to the mature market of the
    IoT devices and increasing demand of advanced
    solutions

Sample
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India IoT in Agriculture Market Y-O-Y Growth, By
Components, 2016-2024
Source Goldstein Research
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l-opportunity-and-demand-analysis-market-forecast-
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India IoT in Agriculture Market Size (USD
Billion), By Services, 2016-2024
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  • India IoT devices market was USD XX billion in
    2016, expected to attain the growth rate of XX
    over the forecast period and reach USD XX Billion
    by 2024.
  • North America IoT devices market dominate owing
    to the largest app developer economics closely
    followed by Europe with XX market share in
    global IoT services market.
  • Major drivers of IoT Devices market are internet
    penetration, advanced IT system and awareness.
  • Managed IoT services are expected to see the
    fastest growth, at a compounded annual rate
    (CAGR) of XX per cent. Translating to USD XX
    million of annual business for Indian companies.
    Product engineering has the largest share of
    Indian IoT services, with USD XX million business
    in 2017.
  • LT Technologies, TATA Elxsi, Persistent Systems,
    LT Infotech and Happiest Minds have moved
    significantly over the past year in rankings
    among Indian providers

Sample
Source Goldstein Research
India IoT in Agriculture Market Y-O-Y Growth, By
Services, 2016-2024
Source Goldstein Research
Workloads in Cloud
Enterprise Workloads in Cloud
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8
India IoT in Agriculture Market Attractiveness-By
Mode of Deployment, 2016-2024
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CAGR ()
Market Size (USD Billion)
Source Goldstein Research
India Internet of Things (IoT) market is the
major revenue generated segment among the IoT
components. The rapid adoption of smart and
connectivity devices further makes this market
most attractive for the business players
followed by IoT actuators sensors market.
According to BPS analysis graph, IoT platform and
IoT actuators sensors market are expected to
rise by XX BPS XX BPS respectively. The rising
demand for sensors in manufacturing and consumer
electronics sector further creates huge
opportunities for the market players to increase
the demand for IoT components
India IoT in Agriculture Market BPS Analysis- By
Mode of Deployment, 2016-2024
Source Goldstein Research
9
Microsoft Corporation. (Company Overview
Business Strategy)
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Founded 1975
Website www.microsoft.com
Employees 114,000
Headquarters U.S
Company Overview
Major Products
Skype
Microsoft Azure
TechNet
Office
MSDN
Operating System
  • Microsoft Corporation is an American
    multinational technology company with
    headquarters in Redmond, Washington. It develops,
    manufactures, licenses, supports and sells
    computer software, consumer electronics, personal
    computers, and services
  • The Company is traded in NASDAQ stock exchange,
    America
  • Geographically, Microsoft introduced its
    internet of things (IoT) platform Indialy to
    enhance the connectivity of devices to improve
    business automation
  • Microsoft provides software solutions and
    operating systems to various entities
  • Microsoft is one of the emerging large scale
    industry in internet of things (IoT) with
    advanced support services

Sample
Business Strategy
  • Acquisitions Research and Development The
    company focuses on unveiling new product for
    strengthening its product portfolio in software
    industry by acquiring organizations of software
    solutions. The company improving its artificial
    intelligence segment to provide solutions
    services across the globe to become a leader in
    software industry. Microsoft collaborates with
    many organizations to carry out new researches
    and innovative technology such as internet of
    things (IoT) to provide better and advanced
    connectivity. Companys strategy is to build
    best-in-class platforms and productivity services
    for a mobile-first, cloud-first world. provide
    enterprise-wide computing solutions and point
    solutions with numerous commercial software
    vendors that offer solutions and middleware
    technology platforms, software applications for
    connectivity (both Internet and intranet),
    security, hosting, database, and e-business
    servers.

10
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