April 25, 2024
ICT

Digital Agriculture Market Size to Grow US$ 52.3 Billion By 2030

The global digital agriculture market size was valued at US$ 21 billion in 2021 and is anticipated to grow US$ 52.3  billion by 2030, registering a compound annual growth rate (CAGR) of 10.67% from 2022 to 2030.

Digital Agriculture Market Size 2022 To 2030

The digital agriculture market report covering various industry elements and growth trends helpful for predicting the market’s future.

The study provides a strong base for the digital agriculture market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2030.

This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2022 to 2030. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the digital agriculture report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the digital agriculture market have been studied and analysed across many developments.

Report Scope of the Digital Agriculture Market

Report Coverage Details
Market Size in 2022 USD 23.24 Billion
Market Size by 2030 USD 52.3 Billion
Growth Rate from 2022 to 2030 CAGR of 10.67%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Business Channel, Product Type, Component Type, Deployment, Infrastructure, Type, Company Type, Designation, Application, and Geography

Research Approach

The comprehensive report on the global digital agriculture market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global digital agriculture market.

It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.

For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.

Key Players are AGCO Corporation, Microsoft Corporation, HummingBird Technologies, IBM Corporation, Gamaya SA, DTN, Taranis, Farmers Edge, Eurofins, Agriwebb, Climate Corporation, Others

Market Segmentations

By Business Channel

  • B2B
  • B2C

By Product Type

  • Perishables
  • Non perishables
  • Raw materials
  • Others

By Component Type

  • Hardware
  • Software
  • Devices

By Deployment

  • Cloud
  • On-Premise
  • Hybrid

By Infrastructure

  • Sensing & Monitoring
  • Sensors
  • Cameras
  • Communication Technology
  • Short Range
  • Medium Range
  • Long Range
  • Cloud and Data Processing
  • Telematics/Positioning
  • GPS/GNSS
  • GIS

By Type

By Company Type

  • Tier 1-55%
  • Tier 2-20%
  • Tier 3-25%

By Designation

  • C-Level Executives-40%
  • Directors -35%
  • Others-25%

By Application

  • Field Mapping
  • Livestock Monitoring
  • Greenhouse Farming
  • Crop Scouting
  • Weather Tracking
  • Drone Analytics
  • Financial Management
  • Farm Inventory Management
  • Others

By Geography

  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa (MEA)

Why should you invest in this report?

If you are aiming to enter the global digital agriculture market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for digital agriculture are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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Prathamesh

I have completed my education in Bachelors in Computer Application. A focused learner having a keen interest in the field of digital marketing, SEO, SMM, and Google Analytics enthusiastic to learn new things along with building leadership skills.

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