Scope of the Report
The report titled “Global Digital Agriculture Market: Size & Forecast with Impact Analysis of COVID-19 (2021-2025)”, provides an in depth analysis of the global digital agriculture market by value, by application, by offering, by region, etc. The report provides a detailed regional analysis of the digital agriculture market, including the following regions: North America (the US, Canada & Mexico); Asia Pacific (Australia, China, Japan, New Zealand & Rest of Asia Pacific); Europe; Latin America; and Middle East and Africa. The report also provides a detailed analysis of the COVID-19 impact on the digital agriculture market.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global digital agriculture market has also been forecasted for the period 2021-2025, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
The global digital agriculture market is highly fragmented with many major market players operating worldwide. The key players of the digital agriculture market are Farmers Edge Inc., Bayer AG (Bayer Crop Science), Trimble Inc., Raven Industries Inc. are also profiled with their financial information and respective business strategies.
Country Coverage
North America
Asia Pacific
Europe
Latin America
Middle East Africa
Company Coverage
Farmers Edge Inc.
Bayer AG (Bayer Crop Science)
Trimble Inc.
Raven Industries Inc.
Executive Summary
Digital agriculture is the integration of advanced technology into a unique system so as to benefit farmers and various stakeholders involved in the agriculture value chain. Digital agriculture helps in a better understanding in agriculture sector, like precise amount of fertilizers, pesticides and water for the crops. Through the help of digital agriculture, more yield can be obtained with the use of same area, especially which is needed during the time when a huge population is feeding on scarce resources, along with the climate change affecting the productivity of produce. The most common technologies used in digital agriculture include unmanned air system, robotics, automation, Internet of Things (IoT), Artificial intelligence, block chain, etc.
On-farm benefits of digital agriculture involve - improve efficiency through more targeted applications of on-farm inputs, increase production and profitability, improve marketing strategies, real-time information, improved record keeping, better management of risk and uncertainty and reducing the regularity burdens. Industry level digital agriculture benefits include - flow-on effects from on-farm efficiency, optimization along the supply chain, improved industry decision-making and improved quality control & assurance.
The digital agriculture market can be segmented on the basis of application (Precision Farming, Livestock Monitoring and Management, Indoor Farming, Aquaculture Greenhouse Farming, and Others); offering (Hardware, Software and Services); and technology (Guidance System, Remote Sensing, Variable Rate Technology, Drones and UAVs, and Other Technologies).
The global digital agriculture market has increased at a significant CAGR during the years 2016-2020 and projections are made that the market would rise in the next four years i.e. 2021-2025. The digital agriculture market is expected to increase due to increasing adoption of internet of things (IoT), increasing role of artificial intelligence in digital agriculture, surging internet connectivity, population growth, growth in data analytic services, growth in data analytic services, rising penetration of smartphones, favorable government initiatives, etc. yet the market faces some challenges such as high cost of investment, limited technical expertise and advanced infrastructure, confidentiality breach and cyber security issues, etc.
Tags :
1. Executive Summary
2. Introduction
2.1 Digital Agriculture: An Overview
2.1.1 Technology Used in Digital Agriculture
2.1.2 Working Process of Digital Agriculture Data Science Tools
2.1.3 Benefits of Digital Agriculture
2.1.4 Functionality of Digital Agriculture
2.1.5 Data Science Application in Agriculture
2.2 Digital Agriculture Segmentation: An Overview
2.2.1 Digital Agriculture Segmentation by Application
2.2.2 Digital Agriculture Segmentation by Offering
2.2.3 Digital Agriculture Segmentation by Technology
3. Global Market Analysis
3.1 Global Digital Agriculture Market: An Analysis
3.1.1 Global Digital Agriculture Market by Value
3.1.2 Global Digital Agriculture Market by Application (Precision Farming, Livestock Monitoring and Management, Indoor Farming, Aquaculture, and Others)
3.1.3 Global Digital Agriculture Market by Offering (Hardware, Services, and Software)
3.1.4 Global Digital Agriculture Market by Region (North America, Asia Pacific, Europe, Latin America, and Middle East and Africa)
3.2 Global Digital Agriculture Market: Application Analysis
3.2.1 Global Precision Farming Digital Agriculture Market by Value
3.2.2 Global Livestock Monitoring and Management Digital Agriculture Market by Value
3.2.3 Global Indoor Farming Digital Agriculture Market by Value
3.2.4 Global Aquaculture Digital Agriculture Market by Value
3.2.5 Global Others Digital Agriculture Market by Value
3.3 Global Digital Agriculture Market: Offering Analysis
3.3.1 Global Hardware Digital Agriculture Market by Value
3.3.2 Global Services Digital Agriculture Market by Value
3.3.3 Global Software Digital Agriculture Market by Value
4. Regional Market Analysis
4.1 North America Digital Agriculture Market: An Analysis
4.1.1 North America Digital Agriculture Market by Value
4.1.2 North America Digital Agriculture Market by Offering (Hardware, Services, and Software)
4.1.3 North America Hardware Digital Agriculture Market by Value
4.1.4 North America Software Digital Agriculture Market by Value
4.1.5 North America Services Digital Agriculture Market by Value
4.1.6 North America Digital Agriculture Market by Region (The US, Canada, and Mexico)
4.1.7 The US Digital Agriculture Market by Value
4.1.8 The US Digital Agriculture Market by Offering (Hardware, Services, and Software)
4.1.9 The US Hardware Digital Agriculture Market by Value
4.1.10 The US Software Digital Agriculture Market by Value
4.1.11 The US Services Digital Agriculture Market by Value
4.1.12 Canada Digital Agriculture Market by Value
4.1.13 Mexico Digital Agriculture Market by Value
4.2 Asia Pacific Digital Agriculture Market: An Analysis
4.2.1 Asia Pacific Digital Agriculture Market by Value
4.2.2 Asia Pacific Digital Agriculture Market by Region (Australia, Japan, China, New Zealand, and Rest of Asia Pacific)
4.2.3 Australia Digital Agriculture Market by Value
4.2.4 Japan Digital Agriculture Market by Value
4.2.5 New Zealand Digital Agriculture Market by Value
4.2.6 China Digital Agriculture Market by Value
4.2.7 Rest of Asia Pacific Digital Agriculture Market by Value
4.3 Europe Digital Agriculture Market: An Analysis
4.3.1 Europe Digital Agriculture Market by Value
4.3.2 Europe Digital Agriculture Market by Application (Precision Farming, Livestock Monitoring and Management, Indoor Farming, Aquaculture and Others)
4.3.3 Europe Precision Farming Digital Agriculture Market by Value
4.3.4 Europe Livestock Monitoring and Management Digital Agriculture Market by Value
4.3.5 Europe Indoor Farming Digital Agriculture Market by Value
4.3.6 Europe Aquaculture Digital Agriculture Market by Value
4.3.7 Europe Others Digital Agriculture Market by Value
4.4 Latin America Digital Agriculture Market: An Analysis
4.4.1 Latin America Digital Agriculture Market by Value
4.5 Middle East and Africa Digital Agriculture Market: An Analysis
4.5.1 Middle East and Africa Digital Agriculture Market by Value
5. Impact of COVID-19
5.1 Impact of COVID-19
5.1.1 Impact of COVID-19 on Digital Agriculture Market
5.1.2 Ways through Which COVID-19 Pushes Agriculture Data Transformation
5.1.3 Major Factors Driving the Growth of Digital Agriculture Market During COVID-19
6. Market Dynamics
6.1 Growth Driver
6.1.1 Increasing Adoption of Internet of Things (IoT)
6.1.2 Increasing Role of Artificial Intelligence (AI) in Digital Agriculture
6.1.3 Surging Internet Connectivity
6.1.4 Population Growth
6.1.5 Growth in Data Analytic Services
6.1.6 Rising Penetration of Smartphones
6.1.7 Favorable Government Initiatives
6.2 Challenges
6.2.1 High Cost of Investment
6.2.2 Limited Technical Expertise and Advanced Infrastructure
6.2.3 Confidentiality Breach and Cyber security Issues
6.3 Market Trends
6.3.1 Combat Climate Change
6.3.2 Disrupting the Global Crop Insurance Market
6.3.3 Increase in Use of Machine Guidance and Autosteering
6.3.4 Rising Telematics in Agriculture
6.3.5 Surging Adoption of Technologies in Agriculture
6.3.6 Facilitating Smart Farming
7. Competitive Landscape
7.1 Global Digital Agriculture Market Players: A Financial Comparison
7.2 Global Digital Agriculture Market Players by Product Offerings
7.3 Global Digital Agriculture Market Players: Digital Capabilities Comparison
8. Company Profiles
8.1 Farmers Edge Inc.
8.1.1 Business Overview
8.1.2 Financial Overview
8.1.3 Business Strategy
8.2 Bayer AG (Bayer Crop Science)
8.2.1 Business Overview
8.2.2 Financial Overview
8.2.3 Business Strategy
8.3 Trimble Inc.
8.3.1 Business Overview
8.3.2 Financial Overview
8.3.3 Business Strategy
8.4 Raven Industries, Inc.
8.4.1 Business Overview
8.4.2 Financial Overview
8.4.3 Business Strategy
