Market Size : Smart Farming Market Globally Grow at a CAGR of 12.24% by Revenue During the Period 2018-2021

in smartfarming •  7 years ago 

ResearchMoz presents professional and in-depth study of "Global Smart Farming Market 2017-2021".

Smart farming is the application of modern information and communication technologies (ICT) in agriculture to increase crop production. In smart farming, most modern systems are used for gaining continuous sustainability, along with achieving the best of quality, quantity, and return on investment.

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Smart farming uses a range of technologies that include global positioning system (GPS), sensors, controllers, light emitting diode (LED) lights, software, and so on to enhance the yield of crops.

Technavios analysts forecast the global smart farming market to grow at a CAGR of 12.24% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global smart farming market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Smart Farming Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

AGCO

Ag Leader Technology

DICKEY-john

John Deere

Raven Industries

Other prominent vendors

Auroras

Farmers Edge

Iteris

PrecisionHawk

Precision Planting

Trimble

Market driver

Availability of low-cost cloud services encourages farmers to adopt smart farming

For a full, detailed list, view our report

Market challenge

High initial investment in smart farming technology

For a full, detailed list, view our report

Market trend

Big data in smart farming

For a full, detailed list, view our report

Browse Report @ https://www.researchmoz.us/global-smart-farming-market-2017-2021-report.html

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

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