세계 커넥티드 농업 소프트웨어 시장 : 유형별, 전개 유형별, 용도별, 최종 사용자별, 지역별, 예측(-2030년)

According to Stratistics MRC, the Global Connected Agriculture Software Market is accounted for $4.63 billion in 2023 and is expected to reach $16.91 billion by 2030 growing at a CAGR of 20.3% during the forecast period. Connected agriculture software integrates technology to enhance efficiency and productivity in farming. It enables farmers to remotely monitor and control various aspects of their operations, such as crop conditions, irrigation, and equipment performance. By leveraging data analytics, sensors, and connectivity, this software provides real-time insights, optimizing resource utilization and decision-making. It facilitates precision farming, reduces waste, and improves overall agricultural sustainability.

According to a survey conducted by Farm Journal Media in February 2022, more than sixty percent of farmers globally are currently utilizing smart phones and tablets and demand for food is increasing at a rate of 2% per year; by 2050, it will be necessary to produce 70% more food than is currently produced.

Market Dynamics:

Driver:

Increasing adoption of IoT and sensor technologies

The integration of connected agriculture software innovations empowers farmers with real-time data, enabling precision farming practices. IoT devices and sensors enhance monitoring capabilities, optimize resource allocation, and facilitate data-driven decision-making, ultimately improving agricultural efficiency and yields. This trend aligns with the industry's evolution towards smart farming, fostering sustainable practices and driving the demand for connected agriculture software solutions.

Restraint:

Lack of technical skills among farmers

The lack of technical skills among farmers in connected agriculture software can be attributed to limited exposure and access to technology education in rural areas. Farmers often face challenges in understanding and leveraging complex software and hardware. This deficiency hampers market growth as farmers struggle to adopt and maximize the benefits of connected agriculture solutions.

Opportunity:

Rising demand for precision farming

Precision farming, driven by advanced technologies and data analytics, allows farmers to optimize resource use, enhance crop yields, and minimize environmental impact. The demand for accurate and real-time information for informed decision-making is increasing, pushing farmers to adopt connected agriculture software solutions. These technologies enable precise monitoring, mapping, and management of agricultural activities, fostering sustainable and efficient farming practices. As a result, the market witnesses a notable growth trajectory driven by the evolving preference for precision-driven approaches in modern agriculture.

Threat:

High initial implementation costs

High initial implementation costs in connected agriculture software arise from the need for specialized hardware, software, and IoT devices. Farmers, particularly small and medium-sized enterprises, may find the upfront expenses prohibitive, hindering widespread adoption. The financial burden includes the acquisition, installation, and maintenance of technology infrastructure. This cost barrier restricts market accessibility, limiting the benefits of connected agriculture solutions to larger or more financially equipped farming entities.

Covid-19 Impact

The covid-19 pandemic has accelerated the adoption of connected agriculture software as farmers seek technology-driven solutions for remote monitoring and management. With disruptions in the supply chain and labor shortages, there is a growing emphasis on digital tools to enhance agricultural efficiency. The market has witnessed increased demand for precision farming, IoT-based solutions, and data analytics to optimize crop yields. Despite initial challenges, the pandemic has underscored the importance of technology in agriculture, driving the growth of the market as the industry embraces digital transformation for sustainable and resilient farming practices.

The cloud-based segment is expected to be the largest during the forecast period

The cloud-based segment is estimated to have a lucrative growth. Cloud-based deployment model allows agricultural data and applications to be stored and accessed remotely, promoting real-time collaboration and information sharing. Cloud-based deployment offers flexibility, cost-effectiveness, and efficient data storage, supporting the adoption of connected agriculture technologies. This approach enables farmers, regardless of location or scale, to leverage advanced software functionalities, contributing to streamlined operations and improved overall productivity in the agricultural sector.

The crop monitoring segment is expected to have the highest CAGR during the forecast period

The crop monitoring segment is anticipated to witness the highest CAGR growth during the forecast period. Connected Agriculture Software plays a pivotal role in crop monitoring applications by providing real-time data on various crop parameters. This technology utilizes IoT devices, sensors, and data analytics to monitor factors such as soil moisture, temperature, and crop health. The technology's ability to offer timely insights into crop conditions positions it as a crucial component in modern agriculture, fostering efficiency and improved decision-making for farmers globally.

Region with largest share:

The connected agriculture software market in the Asia-Pacific region is witnessing robust growth driven by increasing adoption of advanced technologies in agriculture. Countries like India, China, and Australia are embracing precision farming, IoT, and data analytics to enhance productivity and sustainability. The market is poised for significant development, with a focus on tailored solutions to meet the unique agricultural landscape and requirements of the Asia-Pacific region. Rising awareness about the benefits of connected agriculture software, coupled with government initiatives, further fuels the market expansion.

Region with highest CAGR:

Europe is projected to have the highest CAGR over the forecast period, owing to the region's optimized agricultural practices. Government support for smart agriculture initiatives and a strong emphasis on environmental sustainability drive market growth. European farmers are increasingly adopting IoT, sensors, and data analytics to enhance decision-making. The market's trajectory indicates a dynamic landscape with a focus on innovation, sustainability, and efficient agricultural practices across the diverse European farming sector.

Key players in the market

Some of the key players profiled in the Connected Agriculture Software Market include IBM Corporation, Bayer AG, John Deere, AGCO Corporation, AgJunction, Trimble Navigation Limited, CNH Industrial, Farmers Edge, Raven Industries, Iteris, Embratel, Agritecture, Bushel and Linux Foundation.

Key Developments:

In October 2023, Embratel, in collaboration with Farmers Edge, a company specializing in digital agricultural solutions, has announced the launch of its Smart Farm solutions platform. The platform aims to accelerate the adoption of digital tools and connectivity in agribusiness, creating a more sustainable and connected ecosystem for strategic decision-making in the field.

In August 2023, John Deere has undergone a remarkable transformation, evolving into a technology-driven company that harnesses cutting-edge advancements like machine learning, cloud computing, and automation to optimize the performance of its agricultural and construction machinery. The company's goal is to work towards a fully autonomous production system that will be capable of taking care of crops at the individual plant level, by giving each plant proper nutrients, water, soil and more.

Types Covered:

• Farm Management Software
• Precision Farming Software
• Livestock Monitoring Software
• Supply Chain Management Software
• Other Types

Deployment Types Covered:

• Cloud-Based
• On-Premises
• Hybrid

Applications Covered:

• Crop Monitoring
• Weather Forecasting
• Workforce Scheduling
• Financial Management
• Other Applications

End Users Covered:

• Agricultural Cooperatives
• Research Institutions
• Government & Regulatory Bodies
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Connected Agriculture Software Market, By Type

• 5.1 Introduction
• 5.2 Farm Management Software
• 5.3 Precision Farming Software
• 5.4 Livestock Monitoring Software
• 5.5 Supply Chain Management Software
• 5.6 Other Types

6 Global Connected Agriculture Software Market, By Deployment Type

• 6.1 Introduction
• 6.2 Cloud-Based
• 6.3 On-Premises
• 6.4 Hybrid

7 Global Connected Agriculture Software Market, By Application

• 7.1 Introduction
• 7.2 Crop Monitoring
• 7.3 Weather Forecasting
• 7.4 Workforce Scheduling
• 7.5 Financial Management
• 7.6 Other Applications

8 Global Connected Agriculture Software Market, By End User

• 8.1 Introduction
• 8.2 Agricultural Cooperatives
• 8.3 Research Institutions
• 8.4 Government & Regulatory Bodies
• 8.5 Other End Users

9 Global Connected Agriculture Software Market, By Geography

• 9.1 Introduction
• 9.2 North America
  • 9.2.1 US
  • 9.2.2 Canada
  • 9.2.3 Mexico
• 9.3 Europe
  • 9.3.1 Germany
  • 9.3.2 UK
  • 9.3.3 Italy
  • 9.3.4 France
  • 9.3.5 Spain
  • 9.3.6 Rest of Europe
• 9.4 Asia Pacific
  • 9.4.1 Japan
  • 9.4.2 China
  • 9.4.3 India
  • 9.4.4 Australia
  • 9.4.5 New Zealand
  • 9.4.6 South Korea
  • 9.4.7 Rest of Asia Pacific
• 9.5 South America
  • 9.5.1 Argentina
  • 9.5.2 Brazil
  • 9.5.3 Chile
  • 9.5.4 Rest of South America
• 9.6 Middle East & Africa
  • 9.6.1 Saudi Arabia
  • 9.6.2 UAE
  • 9.6.3 Qatar
  • 9.6.4 South Africa
  • 9.6.5 Rest of Middle East & Africa

10 Key Developments

• 10.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 10.2 Acquisitions & Mergers
• 10.3 New Product Launch
• 10.4 Expansions
• 10.5 Other Key Strategies

11 Company Profiling

• 11.1 IBM Corporation
• 11.2 Bayer AG
• 11.3 John Deere
• 11.4 AGCO Corporation
• 11.5 AgJunction
• 11.6 Trimble Navigation Limited
• 11.7 CNH Industrial
• 11.8 Farmers Edge
• 11.9 Raven Industries
• 11.10 Iteris
• 11.11 Embratel
• 11.12 Agritecture
• 11.13 Bushel
• 11.14 Linux Foundation