Digital Farming Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	150 Pages	Fortune Business Insights Pvt. Ltd.	October, 2024	FOB19260711

Best Price Guarantee
Price	from $4,850
Length	150 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	October, 2024
SKU	FOB19260711

Digital Farming Market

Growth Factors of Digital Farming Market

The global digital farming market size was valued at USD 24.1 billion in 2023 and is projected to grow from USD 26.76 billion in 2024 to USD 71.96 billion by 2032, exhibiting a CAGR of 13.2% during the forecast period of 2024-2032.

The COVID-19 pandemic increased the adoption of virtual farming technology as disruptions in supply chains and exertions shortages pushed farmers to apply statistics-driven gear, IoT, and AI to optimize yields and control sources correctly. This shift boosted investment in sustainable and resilient agricultural solutions, impeding the digital farming market growth.

The growing call for food, the want for sustainable agriculture, and improvements in technologies like IoT and AI push the digital farming market. Precision farming strategies and authorities assist in clever farming and additionally raising the market boom.

Artificial intelligence (AI) and gadget studying are revolutionizing the virtual farming market by providing valuable insights and automating diverse agricultural responsibilities. Predictive analytics skills permit AI and devices to gain knowledge of algorithms to investigate substantial quantities of records, predict crop yields, identify ailment outbreaks, and optimize useful resource allocation, expanding the digital farming market share globally. Additionally, AI-powered structures can automate obligations, including irrigation, fertilization, and harvesting, improving efficiency and lowering labor expenses.

Comprehensive Analysis of Digital Farming Market

The digital farming market is segmented into infrastructure, product, generation, and alertness. In phrases of infrastructure, sensing & monitoring dominate due to their role in tracking soil and climate conditions, even as cloud & data processing are projected to develop rapidly with increasing investments in cloud infrastructure. By product, agricultural device leads, but drones and robots are expected to see the best growth because of their efficiency in decreasing operating charges. In this era, AI, ML, and NLP dominate, driven by using the demand for computerized answers, at the same time as IoT is gaining traction for farm tracking. By software, yield tracking and mapping lead due to their capacity to optimize crop choice primarily based on weather conditions.

The North America region led the digital farming market by benefitting a size of USD 9.98 billion in 2023 due to growing authorities tasks and suggestions to enhance the agriculture industry.

The leading players in the digital farming market significantly influence its growth trajectory and set industry standards. These key players, including Deere & Company (U.S.), Kubota Corporation (Japan), CNH Industrial N.V. (U.K.), Hexagon AB (Sweden), Topcon Corporation (Japan), CLAAS KGaA mbH (Germany), Trimble (U.S.), AGCO Corporation (U.S.), AgEagle Aerial Systems (U.S.), Bayer AG (Germany), and IBM Corporation (U.S.), contribute to a competitive landscape, driving innovation and advancing the adoption of precision agriculture and innovative farming technologies.

In December 2023, Sonata Software introduced a collaboration with Bayer, an enterprise with diverse enterprise pursuits in client health merchandise, prescription drugs, agrochemicals, seeds, and biotechnology. This partnership allows Bayer to create new AgPowered offerings using Microsoft Azure Data Manager for Agriculture, facilitating the gathering and integrating field pastime facts in cooperation with leading agricultural device producers.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Unit Value (USD Billion)

Growth Rate CAGR of 13.2% from 2024 to 2032

Segmentation By Infrastructure

Sensing & Monitoring

Sensors
Cameras

Communication Technology

Short Range
Medium Range
Long Range

Cloud & Data Processing

Telematics/Positioning

GPS/GNSS
GIS

End-Use Components

Hardware/Systems
Software/Apps

By Technology

AI/ML/NLP

IoT

Blockchain

Big Data & Analytics

By Product

Agricultural Equipment

Drones/Robots/Unmanned Aerial Vehicles

By Application

Yield Monitoring and Mapping

Smart Crop Monitoring

Soil & Fertilizer Management

Smart Irrigation Monitoring System

Weather Forecasting

Others (Farm Labor Management, Inventory Management)

By Region

North America (By Infrastructure, By Technology, By Product, By Application, and By Country)

U.S. (By Application)
Canada (By Application)
Mexico (By Application)

Europe (By Infrastructure, By Technology, By Product, By Application, and By Country)

U.K. (By Application)
Germany (By Application)
France (By Application)
Italy (By Application)
Spain (By Application)
Benelux (By Application)
Nordics (By Application)
Rest of Europe

Asia Pacific (By Infrastructure, By Technology, By Product, By Application, and By Country)

China (By Application)
Japan (By Application)
India (By Application)
South Korea (By Application)
ASEAN (By Application)
Oceania (By Application)
Rest of Asia Pacific

Middle East & Africa (By Infrastructure, By Technology, By Product, By Application, and By Country)

Turkey (By Application)
Israel (By Application)
GCC (By Application)
South Africa (By Application)
North Africa (By Application)
Rest of the Middle East & Africa

South America (By Infrastructure, By Technology, By Product, By Application, and By Country)

Brazil (By Application)
Argentina (By Application)
Rest of South America

1. Introduction: 1.1. Definition, By Segment; 1.2. Research Methodology/Approach; 1.3. Data Sources
2. Executive Summary
3. Market Dynamics: 3.1. Macro and Micro Economic Indicators; 3.2. Drivers, Restraints, Opportunities and Trends
4. Competition Landscape: 4.1. Business Strategies Adopted by Key Players; 4.2. Consolidated SWOT Analysis of Key Players; 4.3. Global Digital Farming Key Players Market Share/Ranking, 2023
5. Global Digital Farming Market Size Estimates and Forecasts, By Segments, 2019-2032: 5.1. Key Findings; 5.2. By Infrastructure (USD); 5.2.1. Sensing & Monitoring; 5.2.1.1. Sensors; 5.2.1.2. Cameras; 5.2.2. Communication Technology; 5.2.2.1. Short Range; 5.2.2.2. Medium Range; 5.2.2.3. Long Range; 5.2.3. Cloud and Data Processing; 5.2.4. Telematics/Positioning; 5.2.4.1. GPS/GNSS; 5.2.4.2. GIS; 5.2.5. End-use Components; 5.2.5.1. Hardware/Systems; 5.2.5.2. Software/Apps; 5.3. By Technology (USD); 5.3.1. AI/ML/NLP; 5.3.2. IoT; 5.3.3. Blockchain; 5.3.4. Big Data & Analytics; 5.4. By Product (USD); 5.4.1. Agricultural Equipment’s; 5.4.2. Drones/Robots/Unmanned Aerial Vehicles; 5.5. By Application (USD); 5.5.1. Yield Monitoring and Mapping; 5.5.2. Smart Crop Monitoring; 5.5.3. Soil & Fertilizer Management; 5.5.4. Smart Irrigation Monitoring System; 5.5.5. Weather Forecasting; 5.5.6. Others (Farm Labor Management, Inventory Management); 5.6. By Region (USD); 5.6.1. North America; 5.6.2. Europe; 5.6.3. Asia Pacific; 5.6.4. Middle East & Africa; 5.6.5. South America
6. North America Digital Farming Market Size Estimates and Forecasts, By Segments, 2019-2032: 6.1. Key Findings; 6.2. By Infrastructure (USD); 6.2.1. Sensing & Monitoring; 6.2.1.1. Sensors; 6.2.1.2. Cameras; 6.2.2. Communication Technology; 6.2.2.1. Short Range; 6.2.2.2. Medium Range; 6.2.2.3. Long Range; 6.2.3. Cloud and Data Processing; 6.2.4. Telematics/Positioning; 6.2.4.1. GPS/GNSS; 6.2.4.2. GIS; 6.2.5. End-use Components; 6.2.5.1. Hardware/Systems; 6.2.5.2. Software/Apps; 6.3. By Technology (USD); 6.3.1. AI/ML/NLP; 6.3.2. IoT; 6.3.3. Blockchain; 6.3.4. Big Data & Analytics; 6.4. By Product (USD); 6.4.1. Agricultural Equipment’s; 6.4.2. Drones/Robots/Unmanned Aerial Vehicles; 6.5. By Application (USD); 6.5.1. Yield Monitoring and Mapping; 6.5.2. Smart Crop Monitoring; 6.5.3. Soil & Fertilizer Management; 6.5.4. Smart Irrigation Monitoring System; 6.5.5. Weather Forecasting; 6.5.6. Others; 6.6. By Country (USD); 6.6.1. United States; 6.6.1.1. By Application; 6.6.2. Canada; 6.6.2.1. By Application; 6.6.3. Mexico; 6.6.3.1. By Application
7. Europe Digital Farming Market Size Estimates and Forecasts, By Segments, 2019-2032: 7.1. Key Findings; 7.2. By Infrastructure (USD); 7.2.1. Sensing & Monitoring; 7.2.1.1. Sensors; 7.2.1.2. Cameras; 7.2.2. Communication Technology; 7.2.2.1. Short Range; 7.2.2.2. Medium Range; 7.2.2.3. Long Range; 7.2.3. Cloud and Data Processing; 7.2.4. Telematics/Positioning; 7.2.4.1. GPS/GNSS; 7.2.4.2. GIS; 7.2.5. End-use Components; 7.2.5.1. Hardware/Systems; 7.2.5.2. Software/Apps; 7.3. By Technology (USD); 7.3.1. AI/ML/NLP; 7.3.2. IoT; 7.3.3. Blockchain; 7.3.4. Big Data & Analytics; 7.4. By Product (USD); 7.4.1. Agricultural Equipment’s; 7.4.2. Drones/Robots/Unmanned Aerial Vehicles; 7.5. By Application (USD); 7.5.1. Yield Monitoring and Mapping; 7.5.2. Smart Crop Monitoring; 7.5.3. Soil & Fertilizer Management; 7.5.4. Smart Irrigation Monitoring System; 7.5.5. Weather Forecasting; 7.5.6. Others; 7.6. By Country (USD); 7.6.1. United Kingdom; 7.6.1.1. By Application; 7.6.2. Germany; 7.6.2.1. By Application; 7.6.3. France; 7.6.3.1. By Application; 7.6.4. Italy; 7.6.4.1. By Application; 7.6.5. Spain; 7.6.5.1. By Application; 7.6.6. Russia; 7.6.6.1. By Application; 7.6.7. Benelux; 7.6.7.1. By Application; 7.6.8. Nordics; 7.6.8.1. By Application; 7.6.9. Rest of Europe
8. Asia Pacific Digital Farming Market Size Estimates and Forecasts, By Segments, 2019-2032: 8.1. Key Findings; 8.2. By Infrastructure (USD); 8.2.1. Sensing & Monitoring; 8.2.1.1. Sensors; 8.2.1.2. Cameras; 8.2.2. Communication Technology; 8.2.2.1. Short Range; 8.2.2.2. Medium Range; 8.2.2.3. Long Range; 8.2.3. Cloud and Data Processing; 8.2.4. Telematics/Positioning; 8.2.4.1. GPS/GNSS; 8.2.4.2. GIS; 8.2.5. End-use Components; 8.2.5.1. Hardware/Systems; 8.2.5.2. Software/Apps; 8.3. By Technology (USD); 8.3.1. AI/ML/NLP; 8.3.2. IoT; 8.3.3. Blockchain; 8.3.4. Big Data & Analytics; 8.4. By Product (USD); 8.4.1. Agricultural Equipment’s; 8.4.2. Drones/Robots/Unmanned Aerial Vehicles; 8.5. By Application (USD); 8.5.1. Yield Monitoring and Mapping; 8.5.2. Smart Crop Monitoring; 8.5.3. Soil & Fertilizer Management; 8.5.4. Smart Irrigation Monitoring System; 8.5.5. Weather Forecasting; 8.5.6. Others; 8.6. By Country (USD); 8.6.1. China; 8.6.1.1. By Application; 8.6.2. India; 8.6.2.1. By Application; 8.6.3. Japan; 8.6.3.1. By Application; 8.6.4. South Korea; 8.6.4.1. By Application; 8.6.5. ASEAN; 8.6.5.1. By Application; 8.6.6. Oceania; 8.6.6.1. By Application; 8.6.7. Rest of Asia Pacific
9. Middle East & Africa Digital Farming Market Size Estimates and Forecasts, By Segments, 2019-2032: 9.1. Key Findings; 9.2. By Infrastructure (USD); 9.2.1. Sensing & Monitoring; 9.2.1.1. Sensors; 9.2.1.2. Cameras; 9.2.2. Communication Technology; 9.2.2.1. Short Range; 9.2.2.2. Medium Range; 9.2.2.3. Long Range; 9.2.3. Cloud and Data Processing; 9.2.4. Telematics/Positioning; 9.2.4.1. GPS/GNSS; 9.2.4.2. GIS; 9.2.5. End-use Components; 9.2.5.1. Hardware/Systems; 9.2.5.2. Software/Apps; 9.3. By Technology (USD); 9.3.1. AI/ML/NLP; 9.3.2. IoT; 9.3.3. Blockchain; 9.3.4. Big Data & Analytics; 9.4. By Product (USD); 9.4.1. Agricultural Equipment’s; 9.4.2. Drones/Robots/Unmanned Aerial Vehicles; 9.5. By Application (USD); 9.5.1. Yield Monitoring and Mapping; 9.5.2. Smart Crop Monitoring; 9.5.3. Soil & Fertilizer Management; 9.5.4. Smart Irrigation Monitoring System; 9.5.5. Weather Forecasting; 9.5.6. Others; 9.6. By Country (USD); 9.6.1. Turkey; 9.6.1.1. By Application; 9.6.2. Israel; 9.6.2.1. By Application; 9.6.3. GCC; 9.6.3.1. By Application; 9.6.4. North Africa; 9.6.4.1. By Application; 9.6.5. South Africa; 9.6.5.1. By Application; 9.6.6. Rest of MEA
10. South America Digital Farming Market Size Estimates and Forecasts, By Segments, 2019-2032: 10.1. Key Findings; 10.2. By Infrastructure (USD); 10.2.1. Sensing & Monitoring; 10.2.1.1. Sensors; 10.2.1.2. Cameras; 10.2.2. Communication Technology; 10.2.2.1. Short Range; 10.2.2.2. Medium Range; 10.2.2.3. Long Range; 10.2.3. Cloud and Data Processing; 10.2.4. Telematics/Positioning; 10.2.4.1. GPS/GNSS; 10.2.4.2. GIS; 10.2.5. End-use Components; 10.2.5.1. Hardware/Systems; 10.2.5.2. Software/Apps; 10.3. By Technology (USD); 10.3.1. AI/ML/NLP; 10.3.2. IoT; 10.3.3. Blockchain; 10.3.4. Big Data & Analytics; 10.4. By Product (USD); 10.4.1. Agricultural Equipment’s; 10.4.2. Drones/Robots/Unmanned Aerial Vehicles; 10.5. By Application (USD); 10.5.1. Yield Monitoring and Mapping; 10.5.2. Smart Crop Monitoring; 10.5.3. Soil & Fertilizer Management; 10.5.4. Smart Irrigation Monitoring System; 10.5.5. Weather Forecasting; 10.5.6. Others; 10.6. By Country (USD); 10.6.1. Brazil; 10.6.1.1. By Application; 10.6.2. Argentina; 10.6.2.1. By Application; 10.6.3. Rest of South America
11. Company Profiles for Top 10 Players (Based on data availability in public domain and/or on paid databases): 11.1. Deere & Company; 11.1.1. Overview; 11.1.1.1. Key Management; 11.1.1.2. Headquarters; 11.1.1.3. Offerings/Business Segments; 11.1.2. Key Details (Key details are consolidated data and not product/service specific); 11.1.2.1. Employee Size; 11.1.2.2. Past and Current Revenue; 11.1.2.3. Geographical Share; 11.1.2.4. Business Segment Share; 11.1.2.5. Recent Developments; 11.2. Kubota Corporation; 11.2.1. Overview; 11.2.1.1. Key Management; 11.2.1.2. Headquarters; 11.2.1.3. Offerings/Business Segments; 11.2.2. Key Details (Key details are consolidated data and not product/service specific); 11.2.2.1. Employee Size; 11.2.2.2. Past and Current Revenue; 11.2.2.3. Geographical Share; 11.2.2.4. Business Segment Share; 11.2.2.5. Recent Developments; 11.3. CNH Industrial N.V.; 11.3.1. Overview; 11.3.1.1. Key Management; 11.3.1.2. Headquarters; 11.3.1.3. Offerings/Business Segments; 11.3.2. Key Details (Key details are consolidated data and not product/service specific); 11.3.2.1. Employee Size; 11.3.2.2. Past and Current Revenue; 11.3.2.3. Geographical Share; 11.3.2.4. Business Segment Share; 11.3.2.5. Recent Developments; 11.4. Hexagon AB; 11.4.1. Overview; 11.4.1.1. Key Management; 11.4.1.2. Headquarters; 11.4.1.3. Offerings/Business Segments; 11.4.2. Key Details (Key details are consolidated data and not product/service specific); 11.4.2.1. Employee Size; 11.4.2.2. Past and Current Revenue; 11.4.2.3. Geographical Share; 11.4.2.4. Business Segment Share; 11.4.2.5. Recent Developments; 11.5. Topcon Corporation; 11.5.1. Overview; 11.5.1.1. Key Management; 11.5.1.2. Headquarters; 11.5.1.3. Offerings/Business Segments; 11.5.2. Key Details (Key details are consolidated data and not product/service specific); 11.5.2.1. Employee Size; 11.5.2.2. Past and Current Revenue; 11.5.2.3. Geographical Share; 11.5.2.4. Business Segment Share; 11.5.2.5. Recent Developments; 11.6. CLAAS KGaA mbH; 11.6.1. Overview; 11.6.1.1. Key Management; 11.6.1.2. Headquarters; 11.6.1.3. Offerings/Business Segments; 11.6.2. Key Details (Key details are consolidated data and not product/service specific); 11.6.2.1. Employee Size; 11.6.2.2. Past and Current Revenue; 11.6.2.3. Geographical Share; 11.6.2.4. Business Segment Share; 11.6.2.5. Recent Developments; 11.7. Trimble; 11.7.1. Overview; 11.7.1.1. Key Management; 11.7.1.2. Headquarters; 11.7.1.3. Offerings/Business Segments; 11.7.2. Key Details (Key details are consolidated data and not product/service specific); 11.7.2.1. Employee Size; 11.7.2.2. Past and Current Revenue; 11.7.2.3. Geographical Share; 11.7.2.4. Business Segment Share; 11.7.2.5. Recent Developments; 11.8. AGRO Corporation; 11.8.1. Overview; 11.8.1.1. Key Management; 11.8.1.2. Headquarters; 11.8.1.3. Offerings/Business Segments; 11.8.2. Key Details (Key details are consolidated data and not product/service specific); 11.8.2.1. Employee Size; 11.8.2.2. Past and Current Revenue; 11.8.2.3. Geographical Share; 11.8.2.4. Business Segment Share; 11.8.2.5. Recent Developments; 11.9. AgEagle Aerial Systems; 11.9.1. Overview; 11.9.1.1. Key Management; 11.9.1.2. Headquarters; 11.9.1.3. Offerings/Business Segments; 11.9.2. Key Details (Key details are consolidated data and not product/service specific); 11.9.2.1. Employee Size; 11.9.2.2. Past and Current Revenue; 11.9.2.3. Geographical Share; 11.9.2.4. Business Segment Share; 11.9.2.5. Recent Developments; 11.10. Bayer AG; 11.10.1. Overview; 11.10.1.1. Key Management; 11.10.1.2. Headquarters; 11.10.1.3. Offerings/Business Segments; 11.10.2. Key Details (Key details are consolidated data and not product/service specific); 11.10.2.1. Employee Size; 11.10.2.2. Past and Current Revenue; 11.10.2.3. Geographical Share; 11.10.2.4. Business Segment Share; 11.10.2.5. Recent Developments