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Report overview
The global IoT in Agriculture market was valued at US$ 18930 million in 2022 and is projected to reach US$ 51120 million by 2029, at a CAGR of 15.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The Internet of Things (IoT) has the capability to transform the world we live in. The application of technology like IoT in agriculture could have the greatest impact.
This report aims to provide a comprehensive presentation of the global market for IoT in Agriculture, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding IoT in Agriculture. This report contains market size and forecasts of IoT in Agriculture in global, including the following market information:
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Sensing Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of IoT in Agriculture include AGCO, John Deere, DeLaval, Afimilk, Trimble, Raven Industries, Topcon Positioning Systems, Hexagon Agriculture and Ag Leader Technology, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the IoT in Agriculture companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global IoT in Agriculture Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global IoT in Agriculture Market Segment Percentages, by Type, 2022 (%)
Global IoT in Agriculture Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global IoT in Agriculture Market Segment Percentages, by Application, 2022 (%)
Global IoT in Agriculture Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global IoT in Agriculture Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies IoT in Agriculture revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies IoT in Agriculture revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: