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Internet-of-things in precision agriculture is rapidly gaining popularity among farmers, owing to the increasing need for optimal production with the given resources. Furthermore, changing weather conditions and global warming have influenced the adoption of advanced technologies to enhance productivity and crop yield. In the second wave of the green revolution, the Internet of Things (IoT) in agriculture emerged. The advantages of implementing IoT for farmers are two-fold. It assists farmers in lowering expenses while increasing yields by providing reliable data to help them make better decisions. Smart farming is a high-tech and efficient approach for sustainable agriculture and food production. It is a method of integrating linked devices and cutting-edge technologies into agriculture. Smart farming is heavily reliant on the IoT, which eliminates the need for farmers and growers to do physical labor and increases the productivity in every way conceivable.

Market Dynamics

Software used in precision agriculture has the potential to automate and simplify the collection and analysis of information related to field improvement, which allows management to make correct and quick decisions and implement them in small areas within large fields. The software can be used in various applications such as geographic information system (GIS)-based information management, soil monitoring, and irrigation controlling.

GIS-based software uses location-based data to produce maps for crop management. An important function of GIS-based software is to store layers of information such as yields, soil survey maps, remotely sensed data, and crop scouting data. It can also be used to evaluate present and alternative management practices by combining and manipulating the data layers to produce an analysis of management scenarios.

For instance, CropMetrics, a provider of precision irrigation solutions, offers ‘Virtual Predictor Technology’, which allows farmers working with a CropMetrics Partner to create a custom irrigation plan for effective irrigation. Virtual Predictor is part of the unique CropMetrics solution—field-based sensors providing local support—offering unparalleled service to users. Virtual Predictor is also available through the CropMetrics mobile app, which represents the state of the art in both usability and functionality.

 Key features of the study:

  • This report provides an in-depth analysis of the global Internet-of-Things (IoT) in precision agriculture market, market size (US$ Million), and the compound annual growth rate (CAGR %) for the forecast period (2022-2030), considering 2021as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
  • It profiles leading players in the global Internet-of-Things (IoT) in precision agriculture market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
  • Companies covered as a part of this study include CropMetrics, Hortau, Farmers Edge Inc., Pycno, Agrosmart, Scicrop, Amber Agriculture, Telit, DEVICEHUB, Actility, Cropln, Cisco Systems, Inc., IBM Corporation, Hitachi, Ltd., Trimble Inc., Decisive Framing, SlantRange, Inc., and The Climate Corporation
  • Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
  • The global Internet-of-Things (IoT) in precision agriculture market report caters to various stakeholders in this industry, including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global Internet-of-Things (IoT) in precision agriculture market

Detailed Segmentation

  • Global Internet-of-things (IoT) in Precision Agriculture Market, by Component:
    • Software
    • Hardware
    • Services
  • Global Internet-of-things (IoT) in Precision Agriculture Market, by System:
    • Sensing System
    • Communication system
    • Cloud Computing
    • Data Management System
  • Global Internet-of-things (IoT) in Precision Agriculture Market, by Application:
    • Weather Tracking and Forecasting
    • Yield Monitoring and Farm Mapping
    • Crop Scouting
    • Irrigation Management
    • Others
  • Company Profiles
    • CropMetrics *
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments/ Updates
    • Hortau
    • Farmers Edge Inc.
    • Pycno
    • Agrosmart
    • Scicrop
    • Amber Agriculture
    • Telit
    • DEVICEHUB
    • Actility
    • Cropln
    • Cisco Systems, Inc.
    • IBM Corporation
    • Hitachi, Ltd.
    • Trimble Inc.
    • Decisive Framing
    • SlantRange, Inc.
    • The Climate Corporation

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Component
      • Market Snippet, By System
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
    • Merger & Acquisition/Partnership Scenario
    • Key Trends
    • PEST Analysis
    • Data Center Facility Expansion Scenario
  4. Global Internet-of-Things (IoT) in Precision Agriculture Market - Impact of Coronavirus (Covid-19) Pandemic
  5. Global Internet-of-Things (IoT) in Precision Agriculture Market, By Component, 2022-2030 (US$ Million)
    • Introduction
      • Market Share Analysis, 2020 and 2030 (%)
      • Segment Trends
    • Software
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Hardware
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Services
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
  6. Global Internet-of-Things (IoT) in Precision Agriculture Market, By System, 2022-2030 (US$ Million)
    • Introduction
      • Market Share Analysis, 2020 and 2030 (%)
      • Segment Trends
    • Sensing System
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Communication system
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Cloud Computing
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Data Management System
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
  7. Global Internet-of-Things (IoT) in Precision Agriculture Market, By Application, 2022-2030 (US$ Million)
    • Introduction
      • Market Share Analysis, 2020 and 2030 (%)
      • Segment Trends
    • Weather Tracking and Forecasting
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Yield Monitoring and Farm Mapping
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Crop Scouting
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Irrigation Management
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
    • Others
      • Introduction
      • Market Size and Forecast, 2017–2030, (US$ Million)
  8. Global Internet-of-Things (IoT) in Precision Agriculture Market, By Region, 2022-2030 (US$ Million)
    • Introduction
      • Market Share Analysis, By Region, 2020 and 2030 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Component, 2017–2030 (US$ Million)
      • Market Size and Forecast, By System, 2017–2030 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2030 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2030 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Component, 2017–2030 (US$ Million)
      • Market Size and Forecast, By System, 2017–2030 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2030 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2030 (%)
        • U.K.
        • Germany
        • Spain
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Component, 2017–2030 (US$ Million)
      • Market Size and Forecast, By System, 2017–2030 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2030 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2030 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Component, 2017–2030 (US$ Million)
      • Market Size and Forecast, By System, 2017–2030 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2030 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2030 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Regional Trends
      • Market Size and Forecast, By Component, 2017–2030 (US$ Million)
      • Market Size and Forecast, By System, 2017–2030 (US$ Million)
      • Market Size and Forecast, By Application, 2017–2030 (US$ Million)
      • Market Share Analysis, By Country, 2020 and 2030 (%)
        • South Africa
        • GCC Countries
        • Rest of the Middle East and Africa
  9. Competitive Landscape
    • Company Profiles
      • CropMetrics
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hortau
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Farmers Edge Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Pycno
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Agrosmart
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Scicrop
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Amber Agriculture
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Telit
        •  Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • DEVICEHUB
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Actility
        •  Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Cropln
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Cisco Systems, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • IBM Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Hitachi, Ltd.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Trimble Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • Decisive Framing
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • SlantRange, Inc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
      • The Climate Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments/Updates
    • Analyst Views
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse 60 market data tables and 40 figures on “Global Internet-of-Things (IoT) in Precision Agriculture Market - Forecast to 2030”

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