Technology News & Trends

The smart agriculture market has come into prominence in recent times, as large scale commercial agriculture, and increasing pressure for conserving natural resources has come into the spotlight. The market is witnessing a major growth in recent times as small compact devices, with 24/7 monitoring technologies, and advent of supporting technologies like GPS, drones, continues to promise new opportunities for players in the  smart agriculture market . the market stood at an evaluation of US$6.55 bn in 2016. With a robust CAGR of 13.2%, it will likely reach US$23.44 bn by the end of 2025. Rising Investment in Modernisation Promises a Major Boost The modest income of farmers and increasing pressure on natural resources like land, water, among others has brought the agriculture sector in focus conventionally. However unlike in the distant past, today technology exists to modernise agriculture sector to monitor diseases in crops, their nourishment, and provide 24/7 water supply...

The smart agriculture market has come into prominence in recent times, as large scale commercial agriculture, and increasing pressure for conserving natural resources has come into the spotlight. The market is witnessing a major growth in recent times as small compact devices, with 24/7 monitoring technologies, and advent of supporting technologies like GPS, drones, continues to promise new opportunities for players in the  smart agriculture market . the market stood at an evaluation of US$6.55 bn in 2016. With a robust CAGR of 13.2%, it will likely reach US$23.44 bn by the end of 2025. Rising Investment in Modernisation Promises a Major Boost The modest income of farmers and increasing pressure on natural resources like land, water, among others has brought the agriculture sector in focus conventionally. However unlike in the distant past, today technology exists to modernise agriculture sector to monitor diseases in crops, their nourishment, and provide 24/7 water supply ...

The global smart agriculture market has a fragmented vendor landscape due to the presence of a large number of players operating. Competition among the players is likely to increase as new players enter the market. Leading players in the market are focusing on technological advancements and expanding their product line to strengthen their position in the market. These players are also adopting various strategies such as mergers, collaborations, acquisition, and expansion gain competitive edge in the market. Raven Industries Ltd., SST Development Group Inc., TeeJet Technologies, Trimble Navigation Ltd., and AgJunction Inc. are some of the prominent players of the market. According to Transparency Market Research (TMR), the global smart agriculture market is expected to rise at a staggering 13.5% CAGR over the forecast tenure between 2017 and 2025. The market is expected to touch US$23.44 bn by the end of 2025 progressing from US$6.55 bn earned in 2016. The demand for network m...

The global smart agriculture market has a fragmented vendor landscape due to the presence of a large number of players operating. Competition among the players is likely to increase as new players enter the market. Leading players in the market are focusing on technological advancements and expanding their product line to strengthen their position in the market. These players are also adopting various strategies such as mergers, collaborations, acquisition, and expansion gain competitive edge in the market. Raven Industries Ltd., SST Development Group Inc., TeeJet Technologies, Trimble Navigation Ltd., and AgJunction Inc. are some of the prominent players of the market. According to Transparency Market Research (TMR), the global smart agriculture market is expected to rise at a staggering 13.5% CAGR over the forecast tenure between 2017 and 2025. The market is expected to touch US$23.44 bn by the end of 2025 progressing from US$6.55 bn earned in 2016. The demand for network...

The global smart agriculture market has a fragmented vendor landscape due to the presence of a large number of players operating. Competition among the players is likely to increase as new players enter the market. Leading players in the market are focusing on technological advancements and expanding their product line to strengthen their position in the market. These players are also adopting various strategies such as mergers, collaborations, acquisition, and expansion gain competitive edge in the market. Raven Industries Ltd., SST Development Group Inc., TeeJet Technologies, Trimble Navigation Ltd., and AgJunction Inc. are some of the prominent players of the market. According to Transparency Market Research (TMR), the global smart agriculture market is expected to rise at a staggering 13.5% CAGR over the forecast tenure between 2017 and 2025. The market is expected to touch US$23.44 bn by the end of 2025 progressing from US$6.55 bn earned in 2016. The demand for network ...

The global smart agriculture market has a fragmented vendor landscape due to the presence of a large number of players operating. Competition among the players is likely to increase as new players enter the market. Leading players in the market are focusing on technological advancements and expanding their product line to strengthen their position in the market. These players are also adopting various strategies such as mergers, collaborations, acquisition, and expansion gain competitive edge in the market. Raven Industries Ltd., SST Development Group Inc., TeeJet Technologies, Trimble Navigation Ltd., and AgJunction Inc. are some of the prominent players of the market. According to Transparency Market Research (TMR), the global smart agriculture market is expected to rise at a staggering 13.5% CAGR over the forecast tenure between 2017 and 2025. The market is expected to touch US$23.44 bn by the end of 2025 progressing from US$6.55 bn earned in 2016. Download PDF Sample fo...