Technology is becoming an integral part of the agriculture industry. Connected technologies such as cloud computing, ZigBee, wireless sensor networks, and others help in enhancing the production and yield, which acts a driving factor for the smart agriculture market. Moreover, smart agriculture helps in monitoring livestock productivity and health. This factor is also driving the growth of the smart agriculture market.
To estimate the size of the smart agriculture market, the top players in the market and their shares in the market have been considered. This research study involves the extensive use of secondary sources such as the study of annual and financial reports of top players, presentations, press releases, journals, paid databases, and interviews with industry experts. The research methodology is explained below.
- Analysis of the overall size of the individual markets with the help of primary and secondary research
- Analysis of the several market segments and subsegments
- Analysis of supply and demand sides of smart agriculture ecosystem
- Analysing the market trends in various regions and countries, supported by the on-going research & development in these respective regions
- Overall market sizes finalized by triangulation with supply-side data which includes the product developments, value chain, and estimated sales of the smart agriculture market
After arriving at the overall market size, the total market has been split into several segments and subsegments and confirmed with the key industry experts.
The smart agriculture ecosystem comprises hardware and network platform providers, connectivity providers, satellite service providers, sensors manufacturers, components, OEMs, research organizations, distributors and suppliers, and end users such as Ag Junction (U.S.), Deere & Company (U.S.), Raven Industries Inc. (U.S.), Trimble Navigation Ltd. (U.S.), AGCO Corporation (U.S.), SST Development Group, Inc. (U.S.), and SemiosBIO Technologies Inc. (Canada).
The target audience for the report include:
- Technology standard organizations, forums, alliances, and associations
- OEMs
- Satellite service providers
- Technology developers
- Government bodies
- Farmers
- Sensor manufacturers
- Consultants, component suppliers
- GNSS-SBAS signal providers
- Remote sensing providers
The market covered under this report has been segmented on the basis of the following:
This research report categorizes the global smart agriculture market on the basis of hardware and network platform, services, software, applications, and geography.
Global Smart Agriculture Market, by Hardware and Network Platform
- GPS/GNSS Devices
- Sensor Monitoring Systems
- Smart Detection Systems/Network Elements
Global Smart Agriculture Market, by Service
- Connectivity Services
- System Integrators
- Managed Services
- Hosting Services
- Assisted Professional Services
- Climate Information Services
- Supply Chain Management Services
- Others
Global Smart Agriculture Market, by Software
- Local/Web-Based
- Cloud Based
Global Smart Agriculture Market, by Application
- Precision Farming
- Livestock Monitoring
- Fish Farming
- Smart Greenhouse
- Others
Global Smart Agriculture Market, by Geography
- North America
- Europe
- Germany
- U.K.
- France
- Rest of Europe
- APAC
- China
- Japan
- Australia
- Rest of APAC
- RoW (Rest of the World)
- Middle East
- Africa
- South America
1 Introduction (Page No. - 14)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.4 Years Considered for the Study
1.5 Currency
1.6 Limitations
1.7 Stakeholders
2 Research Methodology (Page No. - 17)
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
2.4.1 Assumptions
3 Executive Summary (Page No. - 24)
4 Premium Insights (Page No. - 31)
4.1 Attractive Opportunities in IoT-Based Smart Agriculture Market
4.2 IoT-Based Smart Agriculture Market, By Application
4.3 IoT-Based Smart Agriculture Market, By Hardware and Network Platform
4.4 Regional Analysis of IoT-Based Smart Agriculture Market
4.5 Life Cycle Analysis
5 Market Overview (Page No. - 35)
5.1 Introduction
5.2 Market Evolution
5.3 Market Segmentation
5.3.1 IoT-Based Smart Agriculture Market, By Hardware and Network Platform
5.3.2 IoT-Based Smart Agriculture Market, By Service
5.3.3 IoT-Based Smart Agriculture Market, By Software
5.3.4 IoT-Based Smart Agriculture Market, By Application
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Increasing Adoption of Technology in Agriculture
5.4.1.2 Global Rise in the Demand for Food
5.4.1.3 Assistance in Monitoring Livestock Performance and Health
5.4.2 Restraints
5.4.2.1 Overall Fragmented Agriculture Market
5.4.2.2 Dearth of Connectivity Service Provider Involvement in Agricultural M2m Market
5.4.3 Opportunities
5.4.3.1 Uninterrupted Internet Supply for the Efficient Working of Connected Technologies
5.4.4 Challenges
5.4.4.1 Data Management in IoT-Based Smart Agriculture
6 Industry Trends (Page No. - 44)
6.1 Introduction
6.2 Value Chain Analysis
6.3 Industry Trends
6.4 Porter’s Analysis
6.4.1 Threat of New Entrants
6.4.2 Threat of Substitutes
6.4.3 Bargaining Power of Suppliers
6.4.4 Bargaining Power of Buyers
6.4.5 Degree of Competition
7 IoT-Based Smart Agriculture Market, By Hardware and Network Platform (Page No. - 53)
7.1 Introduction
7.2 GPS/GNSS Devices
7.2.1 Application of GNSS in Smart Agriculture
7.3 Sensor Monitoring System
7.4 Smart Detection System/Network Elements
8 IoT-Based Smart Agriculture Market, By Services (Page No. - 61)
8.1 Introduction
8.2 Connectivity Services
8.3 System Integrators
8.4 Managed Services
8.5 Hosting Services
8.6 Assisted Professional Services
8.6.1 Supply Chain Management Services
8.6.2 Climate Information Services
8.6.3 Others
9 IoT-Based Smart Agriculture Market, By Software (Page No. - 68)
9.1 Introduction
9.1.1 Local/Web-Based
9.1.2 Cloud-Based
10 IoT-Based Smart Agriculture Market, By Application (Page No. - 76)
10.1 Introduction
10.1.1 Precision Farming
10.1.2 Livestock Monitoring
10.1.3 Fish Farming
10.1.4 Smart Greenhouse
10.1.5 Other Applications
11 IoT-Based Smart Agriculture Market, By Geography (Page No. - 91)
11.1 Introduction
11.2 North America
11.3 Europe
11.4 APAC
11.5 Rest of the World
12 Competitive Landscape (Page No. - 109)
12.1 Overview
12.2 Market Ranking Analysis
12.3 Competitive Situation and Trends
12.3.1 Acquisitions and Joint Ventures
12.3.2 New Product Launches
12.3.3 Expansions
12.3.4 Agreements, Partnerships, and Collaborations
13 Company Profiles (Page No. - 116)
(Overview, Products and Services, Financials, Strategy & Development)*
13.1 Introduction
13.2 Deere & Company
13.3 Trimble Navigation Limited
13.4 Raven Industries, Inc.
13.5 Agjunction Inc.
13.6 AGCO Corporation
13.7 SST Development Group, Inc.
13.8 Semiosbio Technologies Inc.
*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies
14 Appendix (Page No. - 138)
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Introducing RT: Real-Time Market Intelligence
List of Tables (71 Tables)
Table 1 Assumptions of the Research Study
Table 2 Increasing Application of Technology in Agriculture is the Major Driving Factor for the IoT-Based Smart Agriculture Market
Table 3 Fragmented Agriculture Market Would Impact the Growth of IoT-Based Smart Agriculture Market
Table 4 Uninterrupted Internet Supply for the Efficient Working of Connected Technologies Creates Growth Opportunities for the IoT-Based Smart Agriculture Market
Table 5 Data Mangement Decreasing the Efficiency of IoT-Based Smart Agriculture
Table 6 IoT-Based Smart Agriculture Market, By Hardware and Network Platform, 2013–2020 (USD Million)
Table 7 Precision Farming: IoT-Based Smart Agriculture Market, By Hardware and Network Platform, 2013–2020 (USD Million)
Table 8 Livestock Monitoring: IoT-Based Smart Agriculture Market, By Hardware and Network Platform, 2013–2020 (USD Million)
Table 9 Fish Farming: IoT-Based Smart Agriculture Market, By Hardware and Network Platform, 2013–2020 (USD Million)
Table 10 Smart Greenhouse: IoT-Based Smart Agriculture Market, By Hardware and Network Platform, 2013–2020 (USD Million)
Table 11 Other Applications: IoT-Based Smart Agriculture Market, By Hardware and Network Platform, 2013–2020 (USD Million)
Table 12 IoT-Based Smart Agriculture Market, By Service, 2013–2022 (USD Million)
Table 13 IoT-Based Smart Agriculture Market for Precision Farming, By Service, 2013–2022 (USD Million)
Table 14 IoT-Based Smart Agriculture Market for Livestock Monitoring, By Service, 2013–2022 (USD Million)
Table 15 IoT-Based Smart Agriculture Market for Fish Farming, By Service, 2013–2022 (USD Million)
Table 16 IoT-Based Smart Agriculture Market for Smart Greenhouse, By Service, 2013–2022 (USD Million)
Table 17 IoT-Based Market for Other Applications, By Service, 2013–2022 (USD Million)
Table 18 IoT-Based Smart Agriculture Market , By Assisted Professional Services, 2013–2022 (USD Million)
Table 19 IoT-Based Smart Agriculture Market , By Software, 2013–2022 (USD Million)
Table 20 IoT-Based Smart Agriculture Market for Local/Web-Based Software, By Application, 2013–2022 (USD Million)
Table 21 IoT Based Smart Agriculture Market for Cloud Based Software, By Application, 2013–2022 (USD Million)
Table 22 IoT-Based Smart Agriculture Market for Software, By Application, 2013–2022 (USD Million)
Table 23 IoT-Based Market for Precision Farming, By Software, 2013–2022 (USD Million)
Table 24 IoT-Based Market for Livestock Monitoring, By Software, 2013–2022 (USD Million)
Table 25 IoT-Based Smart Agriculture Market for Fish Farming, By Software, 2013–2022 (USD Million)
Table 26 IoT-Based Smart Agriculture Market for Smart Greenhouse, By Software, 2013–2022 (USD Million)
Table 27 IoT-Based Smart Agriculture Market for Other Application, By Software, 2013–2022 (USD Million)
Table 28 IoT-Based Smart Agriculture Market, By Application, 2013–2022 (USD Million)
Table 29 IoT-Based Smart Agriculture Market for Hardware & Network Platform, By Application, 2013–2020 (USD Million)
Table 30 IoT-Based Market for Services, By Application, 2013–2020 (USD Million)
Table 31 IoT-Based Smart Agriculture Market for Precision Farming, By Hardware & Service, 2013–2020 (USD Million)
Table 32 IoT-Based Smart Agriculture Market for Livestock Monitoring, By Hardware & Service, 2013–2020 (USD Million)
Table 33 IoT-Based Smart Agriculture Market for Fish Farming, By Hardware & Service, 2013–2020 (USD Million)
Table 34 IoT-Based Smart Agriculture Market for Smart Greenhouse, By Hardware & Services, 2013–2020 (USD Million)
Table 35 IoT-Based Smart Agriculture Market for Other Applications, By Hardware & Services, 2013–2020 (USD Million)
Table 36 IoT-Based Smart Agriculture Market for Hardware & Network Platform, By Application, 2013–2020 (USD Million)
Table 37 IoT-Based Smart Agriculture Market for GPS/GNSS Devices, By Application, 2013–2020 (USD Million)
Table 38 IoT-Based Smart Agriculture Market for Sensor Monitoring Systems, By Application, 2013–2020 (USD Million)
Table 39 IoT-Based Smart Agriculture Market for Network Elements, By Application, 2013–2020 (USD Million)
Table 40 IoT-Based Smart Agriculture Market for Services, By Application, 2013–2020 (USD Million)
Table 41 IoT-Based Smart Agriculture Market for Connectivity Services, By Application, 2013–2020 (USD Million)
Table 42 IoT-Based Smart Agriculture Market for System Integrators, By Application, 2013–2020 (USD Million)
Table 43 IoT-Based Smart Agriculture Market for Managed Services, By Application, 2013–2020 (USD Million)
Table 44 IoT-Based Smart Agriculture Market for Hosting Services, By Application, 2013–2020 (USD Million)
Table 45 IoT-Based Smart Agriculture Market for Assisted Professional Services, By Application, 2013–2020 (USD Million)
Table 46 North America: IoT-Based Smart Agriculture Market, By Application, 2013–2020 (USD Million)
Table 47 Europe: IoT-Based Smart Agriculture Market, By Application, 2013–2020 (USD Million)
Table 48 APAC: IoT-Based Smart Agriculture Market, By Application, 2013–2020 (USD Million)
Table 49 RoW: IoT-Based Smart Agriculture Market, By Application, 2013–2020 (USD Million)
Table 50 IoT-Based Smart Agriculture Market, By Region, 2013–2022 (USD Million)
Table 51 IoT-Based Smart Agriculture Market for Precision Farming Application, By Region, 2013–2022 (USD Million)
Table 52 IoT-Based Smart Agriculture Market for Livestock Monitoring Application, By Region, 2013–2022 (USD Million)
Table 53 IoT-Based Smart Agriculture Market for Fish Farming Application, By Region, 2013–2022 (USD Million)
Table 54 IoT-Based Smart Agriculture Market for Smart Greenhouse Application, By Region, 2013–2022 (USD Million)
Table 55 IoT-Based Smart Agriculture Market for Other Applications, By Region, 2013–2022 (USD Million)
Table 56 North America: IoT-Based Smart Agriculture Market for Precision Farming Application, By Country, 2013–2022 (USD Million)
Table 57 North America: IoT-Based Market for Smart Greenhouse Application, By Country, 2013–2020 (USD Million)
Table 58 IoT Based Smart Agriculture Market for U.S., By Application, 2013–2020 (USD Million)
Table 59 IoT Based Smart Agriculture Market for Canada, By Application, 2013–2020 (USD Million)
Table 60 IoT Based Smart Agriculture Market for Mexico, By Application, 2013–2020 (USD Million)
Table 61 IoT-Based Europe: Smart Agriculture Market for Precision Farming Application, By Country, 2013–2022 (USD Million)
Table 62 IoT-Based Smart Agriculture Market for Smart Greenhouse Application, By Europe, 2013–2022 (USD Million)
Table 63 APAC: IoT-Based Smart Agriculture Market for Precision Farming Application, By Country, 2013–2022 (USD Million)
Table 64 APAC: IoT-Based Market for Smart Greenhouse Application, By Country, 2013–2020 (USD Million)
Table 65 RoW: IoT-Based Smart Agriculture Market for Precision Farming Application, By Region, 2013–2022 (USD Million)
Table 66 RoW: IoT-Based Market for Smart Greenhouse Application, By Region, 2013–2022 (USD Million)
Table 67 Market Ranking of the Top 5 Players in the IoT-Based Smart Agriculture Market, 2015
Table 68 Acquisitions and Joint Ventures, 2013–2015
Table 69 New Product Launches, 2013–2015
Table 70 Expansions 2013–2015
Table 71 Agreements, Partnerships, and Collaborations, 2013–2015
List of Figures (53 Figures)
Figure 1 IoT-Based Smart Agriculture Market: Research Methodology
Figure 2 IoT-Based Market: Bottom-Up Approach
Figure 3 IoT-Based Market: Top-Down Approach
Figure 4 Sensing Monitoring Systems By Hardware & Network Platform Expected to Hold Largest Market Share By 2022
Figure 5 APAC Expected to Grow at the Highest CAGR in Global IoT-Based Smart Agriculture Market During the Forecast Period
Figure 6 Smart Greenhouse Expected to Have High Growth Rate in the IoT-Based Smart Agriculture Market, By Application (2016–2022)
Figure 7 IoT-Based Smart Agriculture Market in North America Held the Largest Market Share in 2015
Figure 8 Market for Climate Information Services Expected to Hold the Largest Share By 2022 in the IoT-Based Smart Agriculture Market
Figure 9 Cloud Based Software Expected to Have High Growth Rate in the IoT-Based Smart Agriculture Market, By Software (2016–2022)
Figure 10 IoT-Based Smart Agriculture Market Driven By Increasing Demand for Technology
Figure 11 Precision Farming Held the Largest Share of the IoT-Based Smart Agriculture Market, By Application (2015)
Figure 12 Sensormonitoring Systems Held the Largest Market Share in 2015
Figure 13 IoT-Based Smart Agriculture Market in APAC to Grow at the Highest CAGR During the Forecast Period
Figure 14 Overall Life Cycle in IoT-Based Smart Agriculture Expected to Be Long and Steadily Growing
Figure 15 Evolution of IoT-Based Smart Agriculture Market
Figure 16 Increasing Adoption of Technology and Global Rise in Demand for Food to Drive the Market
Figure 17 Expansion in the Global Food Demand
Figure 18 Global Increase in Livestock Production By 2020
Figure 19 Value Chain Analysis
Figure 20 Increasing Use of M2m Solutions in Agriculture
Figure 21 Overall Porter’s Five Force Model for IoT-Based Smart Agriculture Market
Figure 22 Porter’s Five Forces Analysis
Figure 23 Threat of New Entrants in IoT-Based Smart Agriculture Market, 2015
Figure 24 Threat of Substitutes in IoT-Based Smart Agriculture Market, 2015
Figure 25 Bargaining Power of Suppliers in IoT-Based Smart Agriculture Market, 2015
Figure 26 Bargaining Power of Buyers in IoT-Based Smart Agriculture Market, 2015
Figure 27 Degree of Competition in IoT-Based Smart Agriculture Market, 2015
Figure 28 IoT-Based Smart Agriculture Market, By Hardware and Network Platform
Figure 29 Network Elements Expected to Grow at the Highest Rate During the Forecast Period
Figure 30 IoT-Based Smart Agriculture Market, By Service
Figure 31 IoT-Based Smart Agriculture Market, By Software
Figure 32 IoT-Based Agriculture Market for Software, By Application, 2016 vs 2022
Figure 33 IoT-Based Smart Agriculture Market, By Application
Figure 34 Smart Greenhouse Expected to Grow at the Highest CAGR Between 2016 and 2022
Figure 35 IoT-Based Smart Agriculture Market Segmentation, By Geography
Figure 36 Asia-Pacific to Witness the Highest Growth During the Forecast Period
Figure 37 North America: IoT-Based Smart Agriculture Market Snapshot
Figure 38 Europe: IoT-Based Smart Agriculture Market Snapshot
Figure 39 APAC: Market Snapshot
Figure 40 RoW: Market Snapshot
Figure 41 Companies Adopted New Product Development as the Key Growth Strategy Between 2013 and 2015
Figure 42 Battle for Market Share: New Product Launches Were the Key Strategy
Figure 43 Geographic Revenue Mix of the Top Market Players
Figure 44 Deere & Company: Company Snapshot
Figure 45 Deere & Company: SWOT Analysis
Figure 46 Trimble Navigation Limited: Company Snapshot
Figure 47 Trimble Navigation Limited: SWOT Analysis
Figure 48 Raven Industries Inc.: Company Snapshot
Figure 49 Raven Industries Inc: SWOT Analysis
Figure 50 Agjunction Inc.: Company Snapshot
Figure 51 Agjunction Inc: SWOT Analysis
Figure 52 AGCO Corporation: Company Snapshot
Figure 53 AGCO Corporation: SWOT Analysis