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Smart Agriculture Market Share

Report ID: GMI7104
Published Date: Oct 2023
Report Format: PDF

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Smart Agriculture Market Share

Players operating in the industry focus on implementing different growth strategies to strengthen their offerings and expand their market reach. These strategies involve new product developments & launches, partnerships & collaborations, mergers & acquisitions, and customer retention. These companies also heavily invest in research & development initiatives to introduce innovative and technologically advanced solutions in the market. Some of the major companies operating in the smart agriculture industry are mentioned below:

Deere & Company
Trimble Inc.
AGCO Corporation
Topcon Positioning Systems
DeLaval Inc
Ag Leader Technology
Raven Industries

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of smart agriculture reached USD 18.5 million in 2022 and is set to observe more than 12% CAGR between 2023 and 2032, says this GMI report.

The software segment is anticipated to register over 10% CAGR from 2023 to 2032, as the farm management software allows farmers to collect, analyze, and visualize data from sensors, drones & other sources.

North America market share was over 35% in 2022, as the region has a strong agriculture sector and a high level of technology adoption.

Deere & Company, Trimble Inc., AGCO Corporation, Topcon Positioning Systems, DeLaval Inc, Ag Leader Technology, and Raven Industries.