PRESS RELEASE
Published July 10, 2023
The Agriculture 4.0 Market is projected to reach USD 25.8 billion by 2029 from an estimated USD 16.3 billion in 2023, at a CAGR of 9.6% from 2023 to 2029.
The global Agriculture 4.0 market research report published by market insight reports discovers the current outlook in global and key regions from the viewpoint of Major Players, Countries, Product Types, and end industries. This report studies top players in the global market and divides the Market into several parameters.
This Agriculture 4.0 Market research report pinpoints the competitive landscape of industries to understand the competition at the International level. This report study describes the projected growth of the global market for approaching years from 2023 to 2029. This research report has been accumulated based on static and dynamic views of the businesses. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.
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The Leading Players in the Global Agriculture 4.0 Market:
Oliver Wyman, Proagrica, RestartLand, Reply, Agmatix, Agrowell, Yeeply, Hispatec, Mothive, CropX, Arable, AgriData, Agrowatcher, PrecisionHawk, AgriBot, Saga Robotics, Robotics Plus, Phytech, Ceres Imaging and Others.
Market Overview:
Increasing integration of Digital tools and advanced technologies for agricultural activities, rapid adoption of precision agriculture, development of disruptive technologies, growing awareness regarding benefits of big data, and increasing adoption of the Internet of Things (IoT) devices for smart farming are some key factors expected to drive market revenue growth over the forecast period. In addition, IoT-enabled devices and big data have enabled businesses to make smarter data usage across the agricultural supply chain, which is leading to more profitable and sustainable food production and farming. This is another factor expected to contribute to revenue growth of the market going ahead.
Agriculture 4.0 refers to one of the next big trends in the sector including rising focus on adopting precision agriculture, Internet of Things, Artificial Intelligence (AI), and big data to increase efficiency of farming.
This report segments the global Agriculture 4.0 market based on types are:
Hardware
Service
Based on application, the Global Agriculture 4.0 market is segmented into:
Business
Personal
Important Features that are under Offering and Key Underlines of the Reports:
– Detailed overview of the market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.,
– Historical, Current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of the Agriculture 4.0 Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
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Regional Analysis for Agriculture 4.0 Market:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of the Agriculture 4.0 Market in these regions, from 2023 to 2029 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia–Pacific (China, Japan, Korea, India, and Southeast).
North America is expected to version for largest revenue share in the global market over the forecast period. This is attributable to availability of solid connectivity infrastructure, increasing investments in smart agriculture technology, continuously growing demand for food, and increasing need for high crop yield and quality. Additionally, easy access to advanced digital tools to gain valuable and actionable insights to boost farm productivity, availability of high-end IoT-enabled devices, favorable policies and increasing initiatives of governments in the region to develop agricultural sector are factors driving North America market revenue growth.
Key highlights of the report:
- Market Performance (2018-2022)
- Market Outlook (2023- 2029)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
Table of Contents
– Market Summary
– Economic Impact Competition Analysis by Players
– Production, Revenue (Value) by geographical segmentation
– Agriculture 4.0 Market Size by Type and Application
– Regional Market Status and Outlook
– Agriculture 4.0 Market Analysis and Outlook
– Market Forecast by Region, Type, and Application
– Cost Investigation, Market Dynamics
– Marketing Strategy comprehension, Distributors and Traders
– Market Effect Factor Analysis
– Research Finding/ Conclusion
– Appendix
Finally, the Agriculture 4.0 Market report is a believable source for gaining the market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request, market development rate and figure, and so on. Agriculture 4.0 industry report additionally Presents new task SWOT examination, speculation attainability investigation, and venture return investigation.
“Russia-Ukraine War Impact 2022: Economic Sanctions Imposed by the United States & its Allies on the Russian Federation Negatively Affected the market The economic sanctions imposed by the U.S. and its allies on the Russian Federation are expected to affect this industry’s growth. Furthermore, the war negatively affected the global industries leading to import and export flow disruptions. The dominance of Russia and roscosmos, a quasi-civilian space agency in the commercial space, affected alternative launch service providers in India, Japan, Europe, and the U.S. These factors negatively affected the market during the war.”
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