커넥티드 농업 시장 보고서 : 동향, 예측, 경쟁 분석(-2030년)

Connected Agriculture Trends and Forecast

The future of the global connected agriculture market looks promising with opportunities in the pre-production planning and management, in-production planning and management, and post-production planning and management markets. The global connected agriculture market is expected to reach an estimated $16 billion by 2030 with a CAGR of 17.6% from 2024 to 2030. The major drivers for this market are government measures to modernize the agriculture business, growing need to reduce labor costs and increase farm yield, and the use of mobile technologies into farm operations.

• Lucintel forecast that platforms is witness the highest growth over the forecast period because of growing need for access via connected devices and rising demand to manage, improve, and control farming activities.
• North America is expected to witness the highest growth over the forecast period because the government measures to promote sustainable farming methods are growing in order to reduce the amount of water wasted, chemical run-off, and carbon dioxide emissions that degrade the environment.

Emerging Trends in the Connected Agriculture Market

The connected agriculture market is evolving rapidly, driven by technological advancements and changing agricultural needs. Several key trends are emerging that are shaping the future of farming, influencing everything from resource management to sustainability.

• IoT and Smart Farming: The integration of IoT devices in farming is enabling real-time monitoring and data collection. This trend is leading to more precise farming practices, where sensors and connected devices help optimize water usage, monitor soil health, and track crop growth, resulting in higher yields and resource efficiency.
• AI and Data Analytics: Artificial intelligence and data analytics are becoming central to connected agriculture. These technologies enable predictive analytics, helping farmers forecast weather patterns, pest outbreaks, and crop yields. The use of AI-driven insights is improving decision-making processes, enhancing productivity, and reducing costs.
• Sustainable Agriculture: Sustainability is a growing focus in connected agriculture. Farmers are increasingly adopting technologies that reduce environmental impact, such as precision irrigation and organic farming practices. The trend towards sustainable agriculture is supported by connected technologies that optimize resource use and minimize waste.
• Robotics and Automation: Robotics and automation are transforming labor-intensive farming tasks. The use of autonomous tractors, drones, and robotic harvesters is increasing, particularly in regions facing labor shortages. This trend is leading to higher efficiency and productivity in farming operations, reducing the reliance on manual labor.
• Blockchain for Supply Chain Transparency: Blockchain technology is being adopted to enhance transparency and traceability in agricultural supply chains. By providing a secure and immutable record of transactions, blockchain helps ensure the authenticity and safety of food products. This trend is gaining traction as consumers demand more information about the origin of their food.

These emerging trends are revolutionizing the connected agriculture market, making farming more efficient, sustainable, and data-driven. As these technologies continue to evolve, they are likely to further enhance productivity and transform agricultural practices worldwide.

Recent Developments in the Connected Agriculture Market

The connected agriculture market is witnessing rapid advancements, driven by innovations in technology and increasing demand for sustainable farming practices. Recent developments across various regions highlight the dynamic changes occurring in this sector.

• Expansion of IoT Networks: The expansion of IoT networks in agriculture is one of the most significant developments. In the U.S. and Europe, there has been a substantial increase in the deployment of IoT devices, enabling real-time data collection and monitoring, which is enhancing decision-making and operational efficiency in farming.
• AI-Powered Precision Farming: AI-powered precision farming is gaining traction, particularly in China and the U.S. Farmers are leveraging AI algorithms to analyze data from various sources, such as weather patterns and soil conditions, to optimize planting schedules and resource allocation, leading to increased crop yields and reduced waste.
• Government Initiatives in Smart Agriculture: Governments in countries like India and Germany are actively promoting smart agriculture through subsidies and support for technology adoption. These initiatives are encouraging the use of connected technologies in farming, which is driving market growth and improving agricultural productivity.
• Rise of Autonomous Farming Equipment: Autonomous farming equipment, including drones and robotic harvesters, is becoming more prevalent in Japan and Germany. These technologies are reducing the need for manual labor and increasing efficiency in farming operations, particularly in regions facing labor shortages.
• Investment in Vertical Farming: Vertical farming, supported by connected technologies, is seeing increased investment, especially in Japan and urban areas in the U.S. This development is enabling year-round production of crops in controlled environments, addressing food security issues and reducing the environmental impact of traditional farming methods.

These developments are significantly impacting the connected agriculture market, driving innovation and transforming traditional farming practices. As these trends continue to unfold, they are expected to lead to more sustainable and efficient agricultural systems globally.

Strategic Growth Opportunities for Connected Agriculture Market

The connected agriculture market presents numerous growth opportunities, particularly in the adoption of advanced technologies across various applications. These opportunities are driving innovation and shaping the future of farming.

• Precision Farming Applications: Precision farming offers significant growth opportunities by enabling farmers to optimize resource use and increase crop yields. The use of GPS technology, sensors, and data analytics allows for precise application of inputs like water and fertilizers, leading to more efficient farming practices and higher profitability.
• Smart Irrigation Systems: Smart irrigation systems, which use IoT and data analytics to monitor soil moisture and weather conditions, represent a key growth area. These systems help farmers conserve water while ensuring optimal crop growth, making them particularly valuable in water-scarce regions and contributing to sustainable agriculture.
• Autonomous Farming Equipment: The adoption of autonomous farming equipment, such as drones and robotic tractors, is expanding rapidly. These technologies offer growth opportunities by reducing labor costs and increasing operational efficiency. They are particularly beneficial in large-scale farming operations and regions with labor shortages.
• Blockchain in Agriculture Supply Chains: Blockchain technology is emerging as a growth opportunity in agriculture by enhancing supply chain transparency and traceability. Farmers and food producers are increasingly adopting blockchain to ensure the authenticity and safety of their products, which is driving demand for blockchain solutions in the agriculture sector.
• Vertical and Urban Farming: Vertical and urban farming, supported by connected technologies, offer significant growth potential, particularly in densely populated areas. These farming methods allow for the efficient use of space and resources, enabling year-round production of fresh produce in controlled environments, which is becoming increasingly important for food security.

These strategic growth opportunities are driving innovation in the connected agriculture market, enabling more efficient and sustainable farming practices. As these opportunities are realized, they will play a crucial role in the future development of global agriculture.

Connected Agriculture Market Driver and Challenges

The connected agriculture market is influenced by a combination of technological, economic, and regulatory factors. Understanding these drivers and challenges is essential for stakeholders navigating this evolving market.

The factors responsible for driving the connected agriculture market include:

1. Technological Advancements: Rapid advancements in IoT, AI, and data analytics are driving the growth of connected agriculture. These technologies enable real-time monitoring, precision farming, and data-driven decision-making, leading to increased efficiency and productivity in farming operations.

2. Demand for Sustainable Agriculture: There is a growing demand for sustainable agricultural practices that minimize environmental impact. Connected technologies, such as precision irrigation and organic farming solutions, are meeting this demand by optimizing resource use and reducing waste, driving market growth.

3. Government Support and Initiatives: Government initiatives and subsidies aimed at promoting smart agriculture are major drivers of the connected agriculture market. Countries like India and Germany are providing financial support and incentives for farmers to adopt connected technologies, accelerating market expansion.

4. Increasing Adoption of IoT: The increasing adoption of IoT devices in agriculture is a key driver of market growth. IoT-enabled sensors and devices allow for real-time monitoring of soil health, weather conditions, and crop growth, enabling farmers to make informed decisions and improve productivity.

5. Rising Food Security Concerns: Rising concerns about food security, particularly in urban and densely populated regions, are driving the adoption of connected agriculture technologies. Vertical farming and precision agriculture are seen as solutions to ensure a consistent food supply, contributing to market growth.

Challenges in the connected agriculture market are:

1. High Initial Costs: The high initial costs associated with implementing connected agriculture technologies, such as IoT devices and autonomous equipment, are a significant barrier to adoption, particularly for small and medium-sized farms.

2. Limited Infrastructure: In many regions, particularly in developing countries, the lack of adequate infrastructure, such as reliable internet connectivity and power supply, poses a challenge to the widespread adoption of connected agriculture technologies.

3. Data Security Concerns: As connected agriculture relies heavily on data collection and analysis, concerns about data security and privacy are growing. Farmers and stakeholders are increasingly wary of potential cyber threats and data breaches, which could undermine the adoption of these technologies.

The connected agriculture market is being shaped by both driving forces and challenges. While technological advancements and government support are propelling the market forward, issues such as high costs and regulatory hurdles must be addressed to ensure sustained growth and adoption.

List of Connected Agriculture Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies connected agriculture companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the connected agriculture companies profiled in this report include-

• IBM
• Microsoft
• AT&T
• Deere & Company
• SAP SE
• Accenture
• Decisive Farming
• Gamaya
• SatSure

Connected Agriculture by Segment

The study includes a forecast for the global connected agriculture by platform, component, application, and region

Connected Agriculture Market by Platform [Analysis by Value from 2018 to 2030]:

• Device Management
• Application Enablement
• Connectivity Management

Connected Agriculture Market by Component [Analysis by Value from 2018 to 2030]:

• Solution
• Platforms
• Services

Connected Agriculture Market by Application [Analysis by Value from 2018 to 2030]:

• Pre-Production Planning and Management
• In-Production Planning and Management
• Post-Production Planning and Management

Connected Agriculture Market by Region [Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Connected Agriculture Market

Major players in the market are expanding their operations and forming strategic partnerships to strengthen their positions. Below image highlights recent developments by major connected agriculture producers in key regions: the USA, China, India, Japan, and Germany

• United States: In the U.S., the adoption of precision agriculture tools is accelerating. Recent developments include the integration of IoT sensors and AI-based analytics platforms, enabling farmers to make data-driven decisions. Partnerships between agritech startups and large agricultural firms are expanding the use of connected solutions across the country.
• China: China is rapidly advancing in connected agriculture through government-backed initiatives and private sector innovation. The country is focusing on smart farming practices, including the widespread deployment of IoT devices and big data analytics to monitor soil health, optimize water usage, and increase crop yields, driving significant market growth.
• Germany: Germany's connected agriculture market is benefiting from strong government support and a robust tech ecosystem. Recent developments include the introduction of advanced automation technologies in farming, such as autonomous tractors and drones. The country's focus on sustainable agriculture is also leading to increased investment in connected farming solutions.
• India: India is witnessing a surge in the adoption of connected agriculture technologies, driven by the need to improve productivity in smallholder farms. Recent initiatives include the deployment of mobile-based platforms that provide farmers with real-time data on weather, soil conditions, and crop prices, helping them make informed decisions.
• Japan: Japan's connected agriculture market is growing due to the country's emphasis on smart farming technologies. Recent developments include the integration of robotics and AI in farming practices, which are helping to address labor shortages and improve efficiency. Japan is also investing in vertical farming and hydroponics as part of its connected agriculture strategy.

Features of the Global Connected Agriculture Market

Market Size Estimates: Connected agriculture market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Connected agriculture market size by platform, component, application, and region in terms of value ($B).

Regional Analysis: Connected agriculture market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different platform, component, application, and regions for the connected agriculture market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the connected agriculture market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

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FAQ

Q.1 What is the connected agriculture market size?

Answer: The global connected agriculture market is expected to reach an estimated $16 billion by 2030.

Q.2 What is the growth forecast for connected agriculture market?

Answer: The global connected agriculture is expected to grow with a CAGR of 17.6% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the connected agriculture market?

Answer: The major drivers for this market are government measures to modernize the agriculture business, growing need to reduce labor costs and increase farm yield, and the use of mobile technologies into farm operations.

Q4. What are the major segments for connected agriculture market?

Answer: The future of the global connected agriculture market looks promising with opportunities in the pre-production planning and management, in-production planning and management, and post-production planning and management markets.

Q5. Who are the key connected agriculture market companies?

Answer: Some of the key connected agriculture companies are as follows:

• IBM
• Microsoft
• AT&T
• Deere & Company
• SAP SE
• Accenture
• Decisive Farming
• Gamaya
• SatSure

Q6. Which connected agriculture market segment will be the largest in future?

Answer: Lucintel forecast that platforms is expected to witness the highest growth segment over the forecast period because of growing need for access via connected devices and rising demand to manage, improve, and control farming activities.

Q7. In connected agriculture market, which region is expected to be the largest in next 5 years?

Answer: North America is expected to witness the highest growth over the forecast period because the government measures to promote sustainable farming methods are growing in order to reduce the amount of water wasted, chemical run-off, and carbon dioxide emissions that degrade the environment.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the connected agriculture market by platform (device management, application enablement, and connectivity management), component (solution, platforms, and services), application (pre-production planning and management, in-production planning and management, and post-production planning and management), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
• Market Report

Table of Contents

1. Executive Summary

2. Global Connected Agriculture Market : Market Dynamics

• 2.1: Introduction, Background, and Classifications
• 2.2: Supply Chain
• 2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2018 to 2030

• 3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
• 3.2. Global Connected Agriculture Market Trends (2018-2023) and Forecast (2024-2030)
• 3.3: Global Connected Agriculture Market by Platform
  • 3.3.1: Device Management
  • 3.3.2: Application Enablement
  • 3.3.3: Connectivity Management
• 3.4: Global Connected Agriculture Market by Component
  • 3.4.1: Solution
  • 3.4.2: Platforms
  • 3.4.3: Services
• 3.5: Global Connected Agriculture Market by Application
  • 3.5.1: Pre-Production Planning and Management
  • 3.5.2: In-Production Planning and Management
  • 3.5.3: Post-Production Planning and Management

4. Market Trends and Forecast Analysis by Region from 2018 to 2030

• 4.1: Global Connected Agriculture Market by Region
• 4.2: North American Connected Agriculture Market
  • 4.2.1: North American Connected Agriculture by Component: Solution, Platforms, and Services
  • 4.2.2: North American Connected Agriculture by Application: Pre-Production Planning and Management, In-Production Planning and Management, and Post-Production Planning and Management
• 4.3: European Connected Agriculture Market
  • 4.3.1: European Connected Agriculture by Component: Solution, Platforms, and Services
  • 4.3.2: European Connected Agriculture by Application: Pre-Production Planning and Management, In-Production Planning and Management, and Post-Production Planning and Management
• 4.4: APAC Connected Agriculture Market
  • 4.4.1: APAC Connected Agriculture by Component: Solution, Platforms, and Services
  • 4.4.2: APAC Connected Agriculture by Application: Pre-Production Planning and Management, In-Production Planning and Management, and Post-Production Planning and Management
• 4.5: ROW Connected Agriculture Market
  • 4.5.1: ROW Connected Agriculture by Component: Solution, Platforms, and Services
  • 4.5.2: ROW Connected Agriculture by Application: Pre-Production Planning and Management, In-Production Planning and Management, and Post-Production Planning and Management

5. Competitor Analysis

• 5.1: Product Portfolio Analysis
• 5.2: Operational Integration
• 5.3: Porter's Five Forces Analysis

6. Growth Opportunities and Strategic Analysis

• 6.1: Growth Opportunity Analysis
  • 6.1.1: Growth Opportunities for the Global Connected Agriculture Market by Platform
  • 6.1.2: Growth Opportunities for the Global Connected Agriculture Market by Component
  • 6.1.3: Growth Opportunities for the Global Connected Agriculture Market by Application
  • 6.1.4: Growth Opportunities for the Global Connected Agriculture by Region
• 6.2: Emerging Trends in the Global Connected Agriculture Market
• 6.3: Strategic Analysis
  • 6.3.1: New Product Development
  • 6.3.2: Capacity Expansion of the Global Connected Agriculture Market
  • 6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Connected Agriculture Market
  • 6.3.4: Certification and Licensing

7. Company Profiles of Leading Players

• 7.1: IBM
• 7.2: Microsoft
• 7.3: AT&T
• 7.4: Deere & Company
• 7.5: SAP SE
• 7.6: Accenture
• 7.7: Decisive Farming
• 7.8: Gamaya
• 7.9: SatSure