Global Digital Farming market
Global Digital Farming Market Size, Trends & Growth Opportunity, By Component (Off Hardware, Software, and Others), By Application (Precision Farming, Live Stock Monitoring, Green House Farming, and Others), By Region and Forecast till 2027
Global Digital Farming market
Digital farming is also known as digital agriculture is basically uses of IT in agriculture & it involves applications of connected machinery & other agricultural technologies. This technology is used to improve overall farm production, to improve financial performance & to help farmers boost their farm productivity by means of advanced digital technology. Digital farming largely involves the use of connected devices & machinery and other digital technologies to improve yield.
Market Drivers
The rise in population and the increase in demand for food are prominent factors which expected to boost the global digital farming market growth over the forecast period. Furthermore, the rise in demand to efficiently deal with weeds, pests, and other diseases will positively influence the farmers to9 digitalize their farms. In developing countries, cheaper interest data & strong penetration of smart devices are propelling the digital farming market growth during this forecast timeline. Moreover, the growing government initiatives in digitizing farms through investments are expected to fuel the market growth. The continuous advancements in predictive analytics are expected to be another opportunity for the global digital farming market growth.
Market Restraints
High initial capital and lack of limited awareness regarding digital farming are major restraints which are expected to hamper the global digital farming market growth during this forecast period.
Market Segmentation
The Global Digital Farming market is segmented into component such as Hardware, Software, and Others. Further, market is segmented into application such as Precision Farming, Live Stock Monitoring, Green House Farming, and Others.
Also, the Global Digital Farming market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Market Key Players
Various key players are discussed in this report such as Accenture PLC, Hexagone AB, IBM Corporation, Deere & Co., Salt Mobile SA, Cisco Systems Inc, Trimble Navigation Ltd., Epicor Software Corporation, etc.
Market Taxonomy
By Component
- Hardware
- Software
- Others
- Precision Farming
- Live Stock Monitoring
- Green House Farming
- Others
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- What are the Key Opportunities in Global Digital Farming Market?
- What will be the growth rate from 2019 to 2027?
- Which segment/region will have highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- What is the role of key players in the value chain?
- What are the strategies adopted by key players?
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Digital Farming Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Digital Farming Market, By Component
- 5.1 Y-o-Y Growth Comparison, By Component
- 5.2 Global Digital Farming Market Share Analysis, By Component
- 5.3 Global Digital Farming Market Size and Forecast, By Component
- 5.3.1 Hardware
- 5.3.2 Software
- 5.3.3 Others
- 6 Global Digital Farming Market, By Application
- 6.1 Y-o-Y Growth Comparison, By Application
- 6.2 Global Digital Farming Market Share Analysis, By Application
- 6.3 Global Digital Farming Market Size and Forecast, By Application
- 6.3.1 Precision Farming
- 6.3.2 Live Stock Monitoring
- 6.3.3 Green House Farming
- 6.3.4 Others
- 7 Global Digital Farming Market, By Region
- 7.1 Global Digital Farming Market Share Analysis, By Region
- 7.2 Global Digital Farming Market Share Analysis, By Region
- 7.3 Global Digital Farming Market Size and Forecast, By Region
- 8 North America Digital Farming Market Analysis and Forecast (2020 – 2027)
- 8.1 Introduction
- 8.2 North America Digital Farming Market Share Analysis, By Component
- 8.3 North America Digital Farming Market Size and Forecast, By Application
- 8.4 North America Digital Farming Market Size and Forecast, By Country
- 8.4.1 U.S
- 8.4.2 Canada
- 8.4.3 Mexico
- 9 Europe Digital Farming Market Analysis and Forecast (2020 – 2027)
- 9.1 Introduction
- 9.2 Europe Digital Farming Market Share Analysis, By Component
- 9.3 Europe Digital Farming Market Size and Forecast, By Application
- 9.4 Europe Digital Farming Market Size and Forecast, By Country
- 9.4.1 Germany
- 9.4.2 France
- 9.4.3 UK
- 9.4.4. Rest of Europe
- 10 Asia Pacific Digital Farming Market Analysis and Forecast (2020 – 2027)
- 10.1 Introduction
- 10.2 Asia Pacific Digital Farming Market Share Analysis, By Component
- 10.3 Asia Pacific Digital Farming Market Size and Forecast, By Application
- 10.4 Asia Pacific Digital Farming Market Size and Forecast, By Country
- 10.4.1 China
- 10.4.2 Japan
- 10.4.3 India
- 10.4.4. Rest of Asia Pacific
- 11 Latin America Digital Farming Market Analysis and Forecast (2020 – 2027)
- 11.1 Introduction
- 11.2 Latin America Digital Farming Market Share Analysis, By Component
- 11.3 Latin America Digital Farming Market Size and Forecast, By Application
- 11.4 Latin America Digital Farming Market Size and Forecast, By Country
- 12 Middle East Digital Farming Market Analysis and Forecast (2020 – 2027)
- 12.1 Introduction
- 12.2 Middle East Digital Farming Market Share Analysis, By Component
- 12.3 Middle East Digital Farming Market Size and Forecast, By Application
- 12.4 Middle East Digital Farming Market Size and Forecast, By Country
- 13 Competitive Analysis
- 13.1 Competition Dashboard
- 13.2 Market share Analysis of Top Vendors
- 13.3 Key Development Strategies
- 14 Company Profiles
- 14.1 Accenture PLC
- 14.1.1 Overview
- 14.1.2 Offerings
- 14.1.3 Key Financials
- 14.1.4 Business Segment & Geographic Overview
- 14.1.5 Key Market Developments
- 14.1.6 Key Strategies
- 14.2 Hexagone AB
- 14.2.1 Overview
- 14.2.2 Offerings
- 14.2.3 Key Financials
- 14.2.4 Business Segment & Geographic Overview
- 14.2.5 Key Market Developments
- 14.2.6 Key Strategies
- 14.3 IBM Corporation
- 14.3.1 Overview
- 14.3.2 Offerings
- 14.3.3 Key Financials
- 14.3.4 Business Segment & Geographic Overview
- 14.3.5 Key Market Developments
- 14.3.6 Key Strategies
- 14.4 Deere & Co
- 14.4.1 Overview
- 14.4.2 Offerings
- 14.4.3 Key Financials
- 14.4.4 Business Segment & Geographic Overview
- 14.4.5 Key Market Developments
- 14.4.6 Key Strategies
- 14.5 Salt Mobile SA
- 14.5.1 Overview
- 14.5.2 Offerings
- 14.5.3 Key Financials
- 14.5.4 Business Segment & Geographic Overview
- 14.5.5 Key Market Developments
- 14.5.6 Key Strategies
- 14.6 Cisco Systems Inc
- 14.6.1 Overview
- 14.6.2 Offerings
- 14.6.3 Key Financials
- 14.6.4 Business Segment & Geographic Overview
- 14.6.5 Key Market Developments
- 14.6.6 Key Strategies
- 14.7 Trimble Navigation Ltd
- 14.7.1 Overview
- 14.7.2 Offerings
- 14.7.3 Key Financials
- 14.7.4 Business Segment & Geographic Overview
- 14.7.5 Key Market Developments
- 14.7.6 Key Strategies
- 14.8 Epicor Software Corporation
- 14.8.1 Overview
- 14.8.2 Offerings
- 14.8.3 Key Financials
- 14.8.4 Business Segment & Geographic Overview
- 14.8.5 Key Market Developments
- 14.8.6 Key Strategies
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