The future of this industry segment has been rigorously investigated in relation with primary market challenges. Besides, upstream raw materials and equipment and downstream demand analysis is also conducted. This report provides in depth study of “Global Connected Agriculture Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Global Connected Agriculture Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as profiling, the product outline, the quantity of production, required raw material, and the financial health of the organization. The present market condition and future prospects of the segment has also been examined. Key strategies in the market that includes product developments, partnerships, mergers and acquisitions, etc., are also discussed.
Market Analysis: Global Connected Agriculture Market
The Global Connected Agriculture Market accounted for USD 1.62 billion in 2016 growing at a CAGR of 18.2% during the forecast period of 2017 to 2024.
The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major Market Competitors: Global Connected Agriculture Market
Some of the major players of the global connected agriculture market are-Cisco Systems, Inc., IBM Corporation, PTC, SAP SE, Trimble Inc., Microsoft Corporation, Vodafone Group, Accenture, AT&T Intellectual Property, LINK LABS, Orange, SYSPRO, Epicor Software Corporation, The Sage Group plc and others.
Market Definition: Global Connected Agriculture Market
Connected agriculture can be used to solve issues with the help of mobile technology. Farmers need to enhance their skills and knowledge to improve their productivity of farming and raise the income in order to elude poverty. With the help of such an advanced technology, there is a greater investment. The source of telecommunication may act as the major driver in the growth of connected agriculture market. On the other side, limited availability of arable land may hamper the market.
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Market Segmentation: Global Connected Agriculture Market
The global connected agriculture market is segmented on the basis of solution into network management, agriculture asset management, supervisory control and data acquisition, logistics and supply chain management, smart water management, and others. The network management segment is further sub-segmented into remote monitoring, network bandwidth management, analytics, and network and application security.
On the basis of service, the global connected agriculture market is segmented into professional services, and managed services. The professional services segment is further sub-segmented into consulting services, integration and deployment services, and support and maintenance services
On the basis of the platform, the global connected agriculture market is segmented into device management, application enablement, and connectivity management.
On the basis of application, the global connected agriculture market is segmented into farm planning and management, agricultural finance, and others. The farm planning and management segment is further sub segmented into field monitoring and management, weather forecasting, production planning and maintenance, supply chain management. The field monitoring and management segment is further sub segmented into livestock management, equipment monitoring and maintenance. The agriculture finance segment is further sub segmented into mobile payment systems, micro-insurance systems, micro-lending platform, and mobile information systems.
On the basis of geography, the global connected agriculture market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Insights of the Study: Global Connected Agriculture Market
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the trocars market
Market Penetration: Comprehensive information on the product portfolios of the top players in the Global Connected Agriculture Market
To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, and detail the competitive landscape for market leaders
The key findings and recommendations highlight crucial progressive industry trends in the Global Connected Agriculture Market, thereby allowing players to develop effective long term strategies
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Company Share Analysis: Global Connected Agriculture Market
The report for connected agriculture market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
Major market drivers & restraints: Global Connected Agriculture Market
Surge in global population compelling shift towards smart agriculture practices
Increase in unpredictability of weather
Limited availability of arable land
High cost of deployment
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