What is the expected growth rate of the Connected Agriculture Market?
The Connected Agriculture Market is expected to grow at a high CAGR during the forecast period of 2023-2030, driven by factors like increasing demand for food security and sustainable practices.
Which region is the fastest-growing for Connected Agriculture?
The Asia Pacific region is projected to be the fastest-growing market for Connected Agriculture, fueled by countries like China, Japan, and India adopting smart farming solutions.
What are the key applications of Connected Agriculture?
Connected Agriculture encompasses various applications, including pre-production management, in-production management (largest segment), and post-production management. These applications help optimize resource use, improve yields, and increase farm profitability.
Who are the major players in the Connected Agriculture Market?
The market is fragmented with players like John Deere, Trimble Inc., Raven Industries, Cisco Systems, IBM, and Microsoft. They are actively pursuing strategies like partnerships, acquisitions, and product launches to gain market share.