Global Digital Agriculture Market Size, Trends, and Growth Opportunity, By Type (Crop Monitoring, Artificial Intelligence, Precision Farming), By Company Type (Tier 1-55 %, Tier 2-20%, Tier 3-25%), By Designation (C-Level Executives-40%, Directors -35%, Others-25%), By Applications (Field Mapping, Crop Scouting, Weather Tracking, Drone Analytics, Financial Management, Farm Inventory Management, Others), By Region and forecast till 2027.
Global Digital Agriculture Market
The Global Digital Agriculture Market was valued at USD 13.17 billion in 2021 and is expected to expand to USD 26.45 billion at a CAGR of 10.96 % during the forecast period 2022- 2027.
Digital agriculture is instruments that gather, analyze, store, and exchange electronic data in a digital format. Farmers use digital agriculture tools to track the progress and development of crops such as sensors that record the soil condition and temperature when placed on the fields, computer applications like Climate Field view, use to create farming maps and yield maps, and other
Market Drivers
The growing population and decreasing arable land increase focus towards agricultural productivity due to rising demand for food act as a major factor for driving the market. Additionally, urbanization increases the lack of farm labor for agricultural activity propelling the growth of the Digital Agriculture market.
Market Restraints The High cost associated with the equipment and high initial investment restrains the market growth. Additionally, the Lack of technical understanding among farmers hinders the growth of the Digital Agriculture market. COVID-19 Impact on Global Digital Agriculture Market
The outbreak of covid-19 adversely impacted the market as a lockdown is imposed by the government causing the shutdown of manufacturing units and disruption in the supply chain of equipment. The use of remote sensing and farm management software drove the market during a pandemic.
Market Segmentation
The Global Digital Agriculture Market is segmented on the basis of type, company type, designation, applications, and region. On the basis of type, it is segmented into Crop Monitoring, Artificial Intelligence, and Precision Farming. On the basis of company type, it is segmented into Tier 1-55 %, Tier 2-20%, and Tier 3-25%.On the basis of Designation, it is segmented into C-Level Executives-40%, Directors -35%, Others-25%. On the basis of application, it is segmented into Field Mapping, Crop Scouting, Weather Tracking, Drone Analytics, Financial Management, Farm Inventory Management, and Others. On the basis of Region, it is segmented into North America, Europe, Asia Pacific, Latin America, and MEA.
Regional Analysis
The Global Digital Agriculture market is segmented into five regions North America, Europe, Asia Pacific, Latin America, and MEA. North America dominates the market due to the rise in demand for modern agriculture technologies and developed infrastructure in this region. Asia-Pacific also witnessed a significant rise in the Digital Agriculture market.
Key Players
Various key players are listed in this report such as DTN, Farmers Edge Inc, Taranis, Eurofins Scientific, AgriWebb, Monsanto Company, Bayer AG, Deere & Company, Accenture, Syngenta AG, AgGateway, CropX inc, Farmers Business Network, BASF SE, Digital Globe.
Market Taxonomy
By Type
Crop Monitoring
Artificial Intelligence
Precision Farming
By Company Type
Tier 1-55 %
Tier 2-20%
Tier 3-25%
By Designation
C-Level Executives-40%
Directors -35%
Others-25%
By Application
Field Mapping
Crop Scouting
Weather Tracking
Drone Analytics
Financial Management
Farm Inventory Management
Others
By Region
North America
Europe
Asia Pacific
Latin America
Middle East and Africa
Key Question Addressed by the Report
• What are the Key Opportunities in Global Digital Agriculture Market?
• What will be the growth rate from 2022 to 2027?
• Which segment/region will have the highest growth?
• What are the factors that will impact/drive the Market?
• What is the role of key players in the value chain?
Global Digital Agriculture Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Digital Agriculture Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Digital Agriculture Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Digital Agriculture Market Share Analysis, By Type
5.3 Digital Agriculture Market Size and Forecast, By Type
5.3.1 Crop Monitoring
5.3.2 Artificial Intelligence
5.3.3 Precision Farming
6 Digital Agriculture Market, By Company Type
6.1 Y-o-Y Growth Comparison, Company Type
6.2 Digital Agriculture Market Share Analysis, Company Type
6.3 Digital Agriculture Market Size and Forecast, Company Type
6.3.1 Tier 1-55 %
6.3.2 Tier 2-20%
6.3.3 Tier 3-25%
7 Digital Agriculture Market, By Designation
7.1 Y-o-Y Growth Comparison, By Designation
7.2 Digital Agriculture Market Share Analysis, By Designation
7.3 Digital Agriculture Market Size and Forecast, By Designation
7.3.1 C-Level Executives-40%
7.3.2 Directors -35%
7.3.3 Others-25%
8 Digital Agriculture Market, By Application
8.1 Y-o-Y Growth Comparison, By Application
8.2 Digital Agriculture Market Share Analysis, By Application
8.3 Digital Agriculture Market Size and Forecast, By Application
8.3.1 Field Mapping
8.3.2 Crop Scouting
8.3.3 Weather Tracking
8.3.4 Drone Analytics
8.3.5 Financial Management
8.3.6 Farm Inventory Management
8.3.7 Others
9 Digital Agriculture Market, By Region
9.1 Digital Agriculture Market Share Analysis, By Region
9.2 Digital Agriculture Market Share Analysis, By Region
9.3 Digital Agriculture Market Size and Forecast, By Region
10 North America Digital Agriculture Market Analysis and Forecast (2022 –2027)
10.1 Introduction
10.2 North America Digital Agriculture Market Share Analysis, By Type
10.3 North America Digital Agriculture Market Size and Forecast, Company Type
10.4 North America Digital Agriculture Market Size and Forecast, By Designation
10.4 North America Digital Agriculture Market Size and Forecast, By Application
10.5 North America Digital Agriculture Market Size and Forecast, By Country
10.5.1 U.S.
10.5.2 Canada
10.5.3 Mexico
11 Europe Digital Agriculture Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Europe Digital Agriculture Market Share Analysis, By Type
11.3 Europe Digital Agriculture Market Size and Forecast, Company Type
11.4 Europe Digital Agriculture Market Size and Forecast, By Designation
11.4 Europe Digital Agriculture Market Size and Forecast, By Application
11.5 Europe Digital Agriculture Market Size and Forecast, By Country
11.5.1 Germany
11.5.2 France
11.5.3 UK
11.54. Rest of Europe
12 Asia Pacific Digital Agriculture Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Asia Pacific Digital Agriculture Market Share Analysis, By Type
12.3 Asia Pacific Digital Agriculture Market Size and Forecast, Company Type
12.4 Asia Pacific Digital Agriculture Market Size and Forecast, By Designation
12.4 Asia Pacific Digital Agriculture Market Size and Forecast, By Application
12.5 Asia Pacific Digital Agriculture Market Size and Forecast, By Country
12.5.1 China
12.5.2 Japan
12.5.3 India
12.5.4. Rest of Asia Pacific
13 Latin America Digital Agriculture Market Analysis and Forecast (2022 – 2027)
13.1 Introduction
13.2 Latin America Digital Agriculture Market Share Analysis, By Type
13.3 Latin America Digital Agriculture Market Size and Forecast, Company Type
13.4 Latin America Digital Agriculture Market Size and Forecast, By Designation
13.4 Latin America Digital Agriculture Market Size and Forecast, By Application
13.5 Latin America Digital Agriculture Market Size and Forecast, Country
13.5.1. Brazil
13.5.2. Rest of Latin America
14 Middle East Digital Agriculture Market Analysis and Forecast (2022 – 2027)
14.1 Introduction
14.2 Middle East Digital Agriculture Market Share Analysis, By Type
14.3 Middle East Digital Agriculture Market Size and Forecast, Company Type
14.4 Middle East Digital Agriculture Market Size and Forecast, By Designation
14.4 Middle East Digital Agriculture Market Size and Forecast, By Application
14.5 Middle East Digital Agriculture Market Size and Forecast, By Country
14.5.1. Saudi Arabia
14.5.2. UAE
14.5.3. Egypt
14.5.4. Kuwait
14.5.5. South Africa
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 DTN
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Farmers Edge Inc
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3 Taranis
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Eurofins Scientific
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 AgriWebb
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 Monsanto Company
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7. Bayer AG
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Deere & Company
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Accenture
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Syngenta AG
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
16.11 AgGateway
16.11.1 Overview
16.11.2 Offerings
16.11.3 Key Financials
16.11.4 Business Segment & Geographic Overview
16.11.5 Key Market Developments
16.11.6 Key Strategies
16.12 CropX inc
16.12.1 Overview
16.12.2 Offerings
16.12.3 Key Financials
16.12.4 Business Segment & Geographic Overview
16.12.5 Key Market Developments
16.12.6 Key Strategies
16.13. Farmers Business Network
16.13.1 Overview
16.13.2 Offerings
16.13.3 Key Financials
16.13.4 Business Segment & Geographic Overview
16.13.5 Key Market Developments
16.13.6 Key Strategies
16.14 BASF SE
16.14.1 Overview
16.14.2 Offerings
16.14.3 Key Financials
16.14.4 Business Segment & Geographic Overview
16.14.5 Key Market Developments
16.14.6 Key Strategies
16.15 Digital Globe
16.15.1 Overview
16.15.2 Offerings
16.15.3 Key Financials
16.15.4 Business Segment & Geographic Overview
16.15.5 Key Market Developments
16.15.6 Key Strategies
