IoT in Agriculture Market valued approximately USD 16.5 billion in 2017 is anticipated to grow with a healthy growth rate of more than 14.50 % over the forecast period 2018-2025. Rising demand for light-weight materials for automobiles, rising government support to adopt modern agricultural techniques and growing demand for bio-based materials are the substantial driving factors of the market during the forecast period.
Additionally, increasing focus on livestock monitoring and disease detection to improve efficiency of farming is another factors that impelling the growth of the market across the globe. Moreover, emergence of big data in agriculture farm and favorable regulatory framework are the factors that likely to create numerous opportunity in the near future.
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Some of the major players operating in the market are Qualcomm, Bosch, Fujitsu, Ericsson, Monsanto, SABIC, Neste, Braskem, Sinopec Group and DowDuPont
The report provides an overview of the Virtual Reality Market with the detailed segmentation. The global market majorly considers five major regions. The segments of the market are as follows-
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North America is the leading/significant region across the world in terms of market share due to early adoption of technologies in agriculture-based activities in the region. Europe is estimated to grow at stable growth rate in the global IoT in Agriculture market over the upcoming years. Further, Asia-Pacific anticipated to exhibit higher growth rate / CAGR over the forecast period 2018-2025 owing to growing government initiatives, increasing population and increasing demand for food in the region.
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Table of Contents
Chapter 1.Executive Summary
Chapter 2. IoT in Agriculture Market Definition and Scope
Chapter 3. IoT in Agriculture Market Dynamics
Chapter 4. IoT in Agriculture Industry Analysis
Chapter 5. IoT in Agriculture Market, by Solution
Chapter 6. IoT in Agriculture Market, by Component
Chapter 7. IoT in Agriculture Market, by Regional Analysis
Chapter 8. Competitive Intelligence
Chapter 9. Research Process
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