Connected agriculture market: Historic industry size & analysis of 15 vendors and 7 countries – Technavio

NEW YORK, Dec. 12, 2022 /PRNewswire/ — The connected agriculture market size is forecast to increase by USD 4148.92 million from 2022 to 2027, at a CAGR of 18.61%, according to the recent market study by Technavio. The growth of the market will be driven by maximizing profits in farm operations, the need to monitor weather and climatic changes in agriculture, and the integration of IoT in farming.

Technavio categorizes the global connected agriculture market as a part of the information technology (IT) spending market, which covers revenue generated from the sales and subscription of IT services, communications services, cloud services, IT hardware, and IT software. Technavio calculates the global IT spending market size based on spending on various IT solutions by various end-user industries such as healthcare; banking, financial services, and insurance (BFSI); retail; transportation; media and entertainment; and construction.

Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report

Technavio has extensively analyzed 15 major vendors, including Accenture Plc, Ag Leader Technology, AGCO Corp., Cisco Systems Inc., Decisive Farming Corp., Deere & Co., Epicor Software Corp., Gamaya, International Business Machines Corp., Iteris Inc., Link Labs Inc., Microsoft Corp., Oracle Corp., Orange SA, and Sage Group Plc.

Key Benefits for Industry Players & Stakeholders –

• The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
• It also provides detailed analyses of the market’s competitive landscape and vendors’ product offerings.
• The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Expand operations in future – To get requisite details, ask for a custom report.

Customer Landscape – Analysis of Price Sensitivity, Adoption Lifecycle, Customer Purchase Basket, Adoption Rates, and Purchase Criteria by Technavio

• One of the core components of the customer landscape is price sensitivity, an analysis of which will help companies refine marketing strategies to gain a competitive advantage. 
• Another key aspect is price sensitivity drivers (purchases are undifferentiated, purchase is a key cost to buyers, and quality is not important), which range between LOW and HIGH.
• Furthermore, market adoption rates for all regions have been covered.

Download the sample to get a holistic overview of the connected agriculture market by industry experts to evaluate and develop growth strategies.

The market is segmented by component (solution, platforms, and services), application (in-production management, post-production management, and pre-production management), and geography (North America, APAC, Europe, South America, and the Middle East and Africa).

Segmentation by component (Inclusion/Exclusion)

• Inclusion: 
• Solution:

The solution segment grew gradually by USD 814.74 million in 2017 and continued to grow till 2021. Solutions such as satellite imaging of farm fields allow farmers to assess crop growth and crop rotation cycles. It helps them in predicting soil moisture and dryness, soil erosion, and other elements that promote crop growth, thereby increasing the production output and the quality of food. Connected agriculture solutions also alert farmers about unusual soil conditions, which can support them in making quicker and more informed crop production decisions. Many such benefits are fostering the growth of the segment.

To get detailed insights about inclusions and exclusions, buy now.

Related Reports –

• The precision agriculture market size is expected to increase by USD 6.03 billion from 2021 to 2026, and the market’s growth momentum will accelerate at a CAGR of 13.55%. The rise in investments in agricultural technologies is notably driving the precision agriculture market growth, although factors such as the requirement for high initial investment may impede the market growth.
• The center pivot irrigation systems market is projected to grow by USD 1.31 billion with a CAGR of 14.13% during the forecast period 2021 to 2026. The growing focus on the efficient use of natural resources is notably driving the center pivot irrigation systems market growth, although factors such as the growing threat from substitute irrigation systems may impede the market growth.

What are the key data covered in connected agriculture market?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the connected agriculture market between 2023 and 2027
• Precise estimation of the size of the connected agriculture market size and its contribution of the market in focus to the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the cloud data warehouse market industry across APAC, North America, Europe, Middle East and Africa, and South America
• Thorough analysis of the market’s competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of connected agriculture market vendors

Table of Contents:

1 Executive Summary

• 1.1 Market overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Component
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global connected agriculture market 2017 – 2021 
• Exhibit 18: Historic Market Size – Data Table on Global connected agriculture market 2017 – 2021 ($ million)

• 4.2 Component Segment Analysis 2017 – 2021 
• Exhibit 19: Historic Market Size – Component Segment 2017 – 2021 ($ million)

• 4.3 Application Segment Analysis 2017 – 2021 
• Exhibit 20: Historic Market Size – Application Segment 2017 – 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 – 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)

• 4.5 Country Segment Analysis 2017 – 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary
• Exhibit 23: Five forces analysis – Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition
• Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Component

• 6.1 Market segments
• Exhibit 30: Chart on Component – Market share 2022-2027 (%)
• Exhibit 31: Data Table on Component – Market share 2022-2027 (%)

• 6.2 Comparison by Component 
• Exhibit 32: Chart on Comparison by Component
• Exhibit 33: Data Table on Comparison by Component

• 6.3 Solution – Market size and forecast 2022-2027 
• Exhibit 34: Chart on Solution – Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Solution – Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Solution – Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Solution – Year-over-year growth 2022-2027 (%)

• 6.4 Platforms – Market size and forecast 2022-2027 
• Exhibit 38: Chart on Platforms – Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Platforms – Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Platforms – Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Platforms – Year-over-year growth 2022-2027 (%)

• 6.5 Services – Market size and forecast 2022-2027 
• Exhibit 42: Chart on Services – Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Services – Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Services – Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Services – Year-over-year growth 2022-2027 (%)

• 6.6 Market opportunity by Component 
• Exhibit 46: Market opportunity by Component ($ million)

7 Market Segmentation by Application

• 7.1 Market segments
• Exhibit 47: Chart on Application – Market share 2022-2027 (%)
• Exhibit 48: Data Table on Application – Market share 2022-2027 (%)

• 7.2 Comparison by Application 
• Exhibit 49: Chart on Comparison by Application
• Exhibit 50: Data Table on Comparison by Application

• 7.3 In-production management – Market size and forecast 2022-2027 
• Exhibit 51: Chart on In-production management – Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Data Table on In-production management – Market size and forecast 2022-2027 ($ million)
• Exhibit 53: Chart on In-production management – Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on In-production management – Year-over-year growth 2022-2027 (%)

• 7.4 Post-production management – Market size and forecast 2022-2027 
• Exhibit 55: Chart on Post-production management – Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Data Table on Post-production management – Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Chart on Post-production management – Year-over-year growth 2022-2027 (%)
• Exhibit 58: Data Table on Post-production management – Year-over-year growth 2022-2027 (%)

• 7.5 Pre-production management – Market size and forecast 2022-2027 
• Exhibit 59: Chart on Pre-production management – Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Pre-production management – Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Pre-production management – Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Pre-production management – Year-over-year growth 2022-2027 (%)

• 7.6 Market opportunity by Application 
• Exhibit 63: Market opportunity by Application ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 65: Chart on Market share by geography 2022-2027 (%)
• Exhibit 66: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 67: Chart on Geographic comparison
• Exhibit 68: Data Table on Geographic comparison

• 9.3 North America – Market size and forecast 2022-2027 
• Exhibit 69: Chart on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Data Table on North America – Market size and forecast 2022-2027 ($ million)
• Exhibit 71: Chart on North America – Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America – Year-over-year growth 2022-2027 (%)

• 9.4 APAC – Market size and forecast 2022-2027 
• Exhibit 73: Chart on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on APAC – Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on APAC – Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC – Year-over-year growth 2022-2027 (%)

• 9.5 Europe – Market size and forecast 2022-2027 
• Exhibit 77: Chart on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Europe – Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Europe – Year-over-year growth 2022-2027 (%)

• 9.6 South America – Market size and forecast 2022-2027 
• Exhibit 81: Chart on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on South America – Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on South America – Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on South America – Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa – Market size and forecast 2022-2027 
• Exhibit 85: Chart on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on Middle East and Africa – Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on Middle East and Africa – Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on Middle East and Africa – Year-over-year growth 2022-2027 (%)

• 9.8 US – Market size and forecast 2022-2027 
• Exhibit 89: Chart on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on US – Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on US – Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on US – Year-over-year growth 2022-2027 (%)

• 9.9 China – Market size and forecast 2022-2027 
• Exhibit 93: Chart on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China – Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China – Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China – Year-over-year growth 2022-2027 (%)

• 9.10 India – Market size and forecast 2022-2027 
• Exhibit 97: Chart on India – Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on India – Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on India – Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on India – Year-over-year growth 2022-2027 (%)

• 9.11 Canada – Market size and forecast 2022-2027 
• Exhibit 101: Chart on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Canada – Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Canada – Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Canada – Year-over-year growth 2022-2027 (%)

• 9.12 UK – Market size and forecast 2022-2027 
• Exhibit 105: Chart on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on UK – Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on UK – Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on UK – Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 109: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 110: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape
• Exhibit 111: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption
• Exhibit 112: Overview on factors of disruption

• 11.4 Industry risks
• Exhibit 113: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered
• Exhibit 114: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 115: Matrix on vendor position and classification

• 12.3 Accenture Plc
• Exhibit 116: Accenture Plc – Overview
• Exhibit 117: Accenture Plc – Business segments
• Exhibit 118: Accenture Plc – Key news
• Exhibit 119: Accenture Plc – Key offerings
• Exhibit 120: Accenture Plc – Segment focus

• 12.4 Ag Leader Technology
• Exhibit 121: Ag Leader Technology – Overview
• Exhibit 122: Ag Leader Technology – Product / Service
• Exhibit 123: Ag Leader Technology – Key offerings

• 12.5 Cisco Systems Inc.
• Exhibit 124: Cisco Systems Inc. – Overview
• Exhibit 125: Cisco Systems Inc. – Business segments
• Exhibit 126: Cisco Systems Inc. – Key news
• Exhibit 127: Cisco Systems Inc. – Key offerings
• Exhibit 128: Cisco Systems Inc. – Segment focus

• 12.6 Decisive Farming Corp. 
• Exhibit 129: Decisive Farming Corp. – Overview
• Exhibit 130: Decisive Farming Corp. – Product / Service
• Exhibit 131: Decisive Farming Corp. – Key offerings

• 12.7 Deere and Co.
• Exhibit 132: Deere and Co. – Overview
• Exhibit 133: Deere and Co. – Business segments
• Exhibit 134: Deere and Co. – Key news
• Exhibit 135: Deere and Co. – Key offerings
• Exhibit 136: Deere and Co. – Segment focus

• 12.8 Gamaya
• Exhibit 137: Gamaya – Overview
• Exhibit 138: Gamaya – Product / Service
• Exhibit 139: Gamaya – Key offerings

• 12.9 International Business Machines Corp. 
• Exhibit 140: International Business Machines Corp. – Overview
• Exhibit 141: International Business Machines Corp. – Business segments
• Exhibit 142: International Business Machines Corp. – Key offerings
• Exhibit 143: International Business Machines Corp. – Segment focus

• 12.10 Iteris Inc.
• Exhibit 144: Iteris Inc. – Overview
• Exhibit 145: Iteris Inc. – Business segments
• Exhibit 146: Iteris Inc. – Key offerings
• Exhibit 147: Iteris Inc. – Segment focus

• 12.11 Link Labs Inc.
• Exhibit 148: Link Labs Inc. – Overview
• Exhibit 149: Link Labs Inc. – Product / Service
• Exhibit 150: Link Labs Inc. – Key offerings

• 12.12 Microsoft Corp.
• Exhibit 151: Microsoft Corp. – Overview
• Exhibit 152: Microsoft Corp. – Business segments
• Exhibit 153: Microsoft Corp. – Key news
• Exhibit 154: Microsoft Corp. – Key offerings
• Exhibit 155: Microsoft Corp. – Segment focus

• 12.13 Orange SA
• Exhibit 156: Orange SA – Overview
• Exhibit 157: Orange SA – Business segments
• Exhibit 158: Orange SA – Key offerings
• Exhibit 159: Orange SA – Segment focus

• 12.14 SAP SE
• Exhibit 160: SAP SE – Overview
• Exhibit 161: SAP SE – Business segments
• Exhibit 162: SAP SE – Key news
• Exhibit 163: SAP SE – Key offerings
• Exhibit 164: SAP SE – Segment focus

• 12.15 Topcon Positioning Systems Inc. 
• Exhibit 165: Topcon Positioning Systems Inc. – Overview
• Exhibit 166: Topcon Positioning Systems Inc. – Product / Service
• Exhibit 167: Topcon Positioning Systems Inc. – Key offerings

• 12.16 Trimble Inc.
• Exhibit 168: Trimble Inc. – Overview
• Exhibit 169: Trimble Inc. – Business segments
• Exhibit 170: Trimble Inc. – Key offerings
• Exhibit 171: Trimble Inc. – Segment focus

• 12.17 Vodafone Group Plc
• Exhibit 172: Vodafone Group Plc – Overview
• Exhibit 173: Vodafone Group Plc – Business segments
• Exhibit 174: Vodafone Group Plc – Key offerings
• Exhibit 175: Vodafone Group Plc – Segment focus

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 176: Inclusions checklist
• Exhibit 177: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 178: Currency conversion rates for US$

• 13.4 Research methodology
• Exhibit 179: Research methodology
• Exhibit 180: Validation techniques employed for market sizing
• Exhibit 181: Information sources

• 13.5 List of abbreviations 
• Exhibit 182: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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