DUBLIN--(BUSINESS WIRE)--The "Smart Agriculture Market by Agriculture Type (Precision Farming, Livestock Monitoring, Fish Farming, Smart Greenhouse), Hardware (GPS, Drones, Sensors, RFID, LED Grow Lights), Software, Services, Application, and Geography - Global Forecast to 2023" report has been added to ResearchAndMarkets.com's offering.
The smart agriculture market is estimated to be worth USD 7.53 billion in 2018 and is projected to reach USD 13.50 billion by 2023, at a CAGR of 12.39% between 2018 and 2023.
This report covers the smart agriculture market based on offering, type, application, and region. The smart agriculture market based on offering has been segmented into hardware, software, and services. On the basis of type, the smart agriculture market has been segmented into precision farming, livestock monitoring, fish farm monitoring, smart greenhouse, and others.
Major factors contributing to the growth of the smart agriculture market include the increasing adoption of advanced technologies in various agriculture applications such as precision farming, smart green house, livestock monitoring, and fish farm monitoring. Farmers or growers across the globe are increasingly adopting advanced farming devices and equipment such as steering and guidance technology, sensors, display devices, and farm management software.
Major restraints for the smart agriculture market include high initial investment and the lack of technical knowledge among farmers. Smart agriculture requires large initial investment, efficient farming tools, and skilled labor. Major restraining factors for the growth of the smart agriculture market include high initial investments and the lack of technical awareness among growers.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Smart Agriculture Market, By Offering
8 Smart Agriculture Market, By Agriculture Type
9 Smart Agriculture Market, By Application
10 Geographic Analysis
11 Competitive Landscape
12 Company Profiles
- AG Leader Technology
- Crop Metrics
- Dairy Master
- Deere & Company
- Delaval (Subsidiary of Tetra Laval International)
- GEA Group
- Hexagon Agriculture
- Prospera Technology
- Raven Industries
- Sst Development Group
- Teejet Technologies
- The Climate Corporation (Subsidiary of Monsanto)
- Topcon Positioning Systems
- Yield Lab
For more information about this report visit https://www.researchandmarkets.com/research/h7mdmn/global_smart?w=4