Smart Agriculture Market by Hardware and Network Platform (GPS/GNSS Devices, Sensor Monitoring Systems, and Smart Detection Systems/Network Elements), Service, Software, Application, and Geography - Global Forecast to 2022

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Date: 02-Feb-2016
No. of pages: 145
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The smart agriculture market is expected to reach USD 18.45 billion by 2022, at a CAGR of 13.8% between 2016 and 2022. The major driving factors for the Smart agriculture market are increasing adoption of technology in agriculture, global increase in the demand for food, and assistance in monitoring livestock performance and health.

“The market for network elements is expected to grow at the highest CAGR in the hardware and network platform segment of the Smart agriculture market during the forecast period between 2016and 2022”

The market for network elements is expected to grow at the highest CAGR in the hardware and network platform segment of the Smart agriculture market. Network elements cover the gateways and IoT platforms. Gateways act as a link between the network domain and device domain, and help to provide information through the M2M devices attached to animals, crops, fishing boats, and others. Network elements in the smart agriculture help to connect sensors for controlling machines, tracking crop yield on field, shipping control, livestock monitoring, supplying accurate amount of light and water in smart greenhouse farming, and so on. Hence, the market for network elements is growing at the highest CAGR in the hardware and network platform segment of the Smart agriculture market.

“Precision farming held the largest share of the market segmented on the basis of application in the Smart agriculture market in 2015”

The precision farming application dominated the application segment of the Smart agriculture market as precision farming helps growers to break down fields into zones, creating a site-specific approach to maximize yields and minimize input costs. Precision farming can be used for a wide range of applications on a farm, from a single GPS-enabled guidance system for a piece of farm equipment to more complex functions such as the remote monitoring and controlling of multiple in-field devices using an integrated software platform.

“The market in Asia-Pacific is expected to grow at the highest CAGR in the Smart agriculture market on the basis of geography between 2016and 2022”

APAC is one of the key prospective markets in precision farming owing to its large farmlands and huge population. There is a growing demand for meat and dairy products in APAC countries owing to factors such as the rise in the population and disposable income, improved quality of life, and others. Population is a major factor driving the adoption of greenhouse automation technologies in APAC.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key executives. The break-up of profile of primary participants is given below:


  • By Company Type: Tier 1 – 20 %, Tier 2 – 45%, and Tier 3 – 35%

  • By Designation: C-Level – 50%, Director Level – 35%,and Others –15%

  • By Region: North America – 49%, Europe – 17%, APAC –17%, and RoW – 17%


The geographic segmentation covers four major regions of the world, namely, North America, Europe, Asia-Pacific, and Rest of the World (RoW). The report also profiles major players in the Smart agriculture market. The major players in this market include Deere & Company (U.S.), Trimble Navigation Ltd. (U.S.), Ag Junction (U.S.), Raven Industries Inc. (U.S.), and AGCO Corporation (U.S.).

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This report caters to the needs of leading companies, end users, and other related stakeholders in this market. Other parties that could benefit from the report include government bodies, environmental agencies, consulting firms, business development executives, C-level employees, and VPs. Our report would help you analyze new opportunities and potential revenue sources and enhance your decision-making process for new business strategies. The quantitative and qualitative information in the report along with our comprehensive analysis would help you gain an edge in the market.

Smart Agriculture Market by Hardware and Network Platform (GPS/GNSS Devices, Sensor Monitoring Systems, and Smart Detection Systems/Network Elements), Service, Software, Application, and Geography - Global Forecast to 2022

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.4 Years Considered for the Study
1.5 Currency
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions
2.4.1 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in IoT-Based Smart Agriculture Market
4.2 IoT-Based Smart Agriculture Market, By Application
4.3 IoT-Based Smart Agriculture Market, By Hardware and Network Platform
4.4 Regional Analysis of IoT-Based Smart Agriculture Market
4.5 Life Cycle Analysis

5 Market Overview
5.1 Introduction
5.2 Market Evolution
5.3 Market Segmentation
5.3.1 IoT-Based Smart Agriculture Market, By Hardware and Network Platform
5.3.2 IoT-Based Smart Agriculture Market, By Service
5.3.3 IoT-Based Smart Agriculture Market, By Software
5.3.4 IoT-Based Smart Agriculture Market, By Application
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Increasing Adoption of Technology in Agriculture
5.4.1.2 Global Rise in the Demand for Food
5.4.1.3 Assistance in Monitoring Livestock Performance and Health
5.4.2 Restraints
5.4.2.1 Overall Fragmented Agriculture Market
5.4.2.2 Dearth of Connectivity Service Provider Involvement in Agricultural M2m Market
5.4.3 Opportunities
5.4.3.1 Uninterrupted Internet Supply for the Efficient Working of Connected Technologies
5.4.4 Challenges
5.4.4.1 Data Management in IoT-Based Smart Agriculture

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 Industry Trends
6.4 Porter’s Analysis
6.4.1 Threat of New Entrants
6.4.2 Threat of Substitutes
6.4.3 Bargaining Power of Suppliers
6.4.4 Bargaining Power of Buyers
6.4.5 Degree of Competition

7 IoT-Based Smart Agriculture Market, By Hardware and Network Platform
7.1 Introduction
7.2 GPS/GNSS Devices
7.2.1 Application of GNSS in Smart Agriculture
7.3 Sensor Monitoring System
7.4 Smart Detection System/Network Elements

8 IoT-Based Smart Agriculture Market, By Services
8.1 Introduction
8.2 Connectivity Services
8.3 System Integrators
8.4 Managed Services
8.5 Hosting Services
8.6 Assisted Professional Services
8.6.1 Supply Chain Management Services
8.6.2 Climate Information Services
8.6.3 Others

9 IoT-Based Smart Agriculture Market, By Software
9.1 Introduction
9.1.1 Local/Web-Based
9.1.2 Cloud-Based

10 IoT-Based Smart Agriculture Market, By Application
10.1 Introduction
10.1.1 Precision Farming
10.1.2 Livestock Monitoring
10.1.3 Fish Farming
10.1.4 Smart Greenhouse
10.1.5 Other Applications

11 IoT-Based Smart Agriculture Market, By Geography
11.1 Introduction
11.2 North America
11.3 Europe
11.4 APAC
11.5 Rest of the World

12 Competitive Landscape
12.1 Overview
12.2 Market Ranking Analysis
12.3 Competitive Situation and Trends
12.3.1 Acquisitions and Joint Ventures
12.3.2 New Product Launches
12.3.3 Expansions
12.3.4 Agreements, Partnerships, and Collaborations

13 Company Profiles
(Overview, Products and Services, Financials, Strategy & Development)*
13.1 Introduction
13.2 Deere & Company
13.3 Trimble Navigation Limited
13.4 Raven Industries, Inc.
13.5 Agjunction Inc.
13.6 AGCO Corporation
13.7 SST Development Group, Inc.
13.8 Semiosbio Technologies Inc.

*Details on Overview, Products and Services, Financials, Strategy & Development Might Not Be Captured in Case of Unlisted Companies

14 Appendix
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Introducing RT: Real-Time Market Intelligence
14.4 Available Customizations
14.5 Related Reports

List of Tables

Table 1 Assumptions of the Research Study
Table 2 Increasing Application of Technology in Agriculture is the Major Driving Factor for the IoT-Based Smart Agriculture Market
Table 3 Fragmented Agriculture Market Would Impact the Growth of IoT-Based Smart Agriculture Market
Table 4 Uninterrupted Internet Supply for the Efficient Working of Connected Technologies Creates Growth Opportunities for the IoT-Based Smart Agriculture Market
Table 5 Data Mangement Decreasing the Efficiency of IoT-Based Smart Agriculture
Table 6 IoT-Based Smart Agriculture Market, By Hardware and Network Platform, 2013–2020 (USD Million)
Table 7 Precision Farming: IoT-Based Smart Agriculture Market, By Hardware and Network Platform, 2013–2020 (USD Million)
Table 8 Livestock Monitoring: IoT-Based Smart Agriculture Market, By Hardware and Network Platform, 2013–2020 (USD Million)
Table 9 Fish Farming: IoT-Based Smart Agriculture Market, By Hardware and Network Platform, 2013–2020 (USD Million)
Table 10 Smart Greenhouse: IoT-Based Smart Agriculture Market, By Hardware and Network Platform, 2013–2020 (USD Million)
Table 11 Other Applications: IoT-Based Smart Agriculture Market, By Hardware and Network Platform, 2013–2020 (USD Million)
Table 12 IoT-Based Smart Agriculture Market, By Service, 2013–2022 (USD Million)
Table 13 IoT-Based Smart Agriculture Market for Precision Farming, By Service, 2013–2022 (USD Million)
Table 14 IoT-Based Smart Agriculture Market for Livestock Monitoring, By Service, 2013–2022 (USD Million)
Table 15 IoT-Based Smart Agriculture Market for Fish Farming, By Service, 2013–2022 (USD Million)
Table 16 IoT-Based Smart Agriculture Market for Smart Greenhouse, By Service, 2013–2022 (USD Million)
Table 17 IoT-Based Market for Other Applications, By Service, 2013–2022 (USD Million)
Table 18 IoT-Based Smart Agriculture Market , By Assisted Professional Services, 2013–2022 (USD Million)
Table 19 IoT-Based Smart Agriculture Market , By Software, 2013–2022 (USD Million)
Table 20 IoT-Based Smart Agriculture Market for Local/Web-Based Software, By Application, 2013–2022 (USD Million)
Table 21 IoT Based Smart Agriculture Market for Cloud Based Software, By Application, 2013–2022 (USD Million)
Table 22 IoT-Based Smart Agriculture Market for Software, By Application, 2013–2022 (USD Million)
Table 23 IoT-Based Market for Precision Farming, By Software, 2013–2022 (USD Million)
Table 24 IoT-Based Market for Livestock Monitoring, By Software, 2013–2022 (USD Million)
Table 25 IoT-Based Smart Agriculture Market for Fish Farming, By Software, 2013–2022 (USD Million)
Table 26 IoT-Based Smart Agriculture Market for Smart Greenhouse, By Software, 2013–2022 (USD Million)
Table 27 IoT-Based Smart Agriculture Market for Other Application, By Software, 2013–2022 (USD Million)
Table 28 IoT-Based Smart Agriculture Market, By Application, 2013–2022 (USD Million)
Table 29 IoT-Based Smart Agriculture Market for Hardware & Network Platform, By Application, 2013–2020 (USD Million)
Table 30 IoT-Based Market for Services, By Application, 2013–2020 (USD Million)
Table 31 IoT-Based Smart Agriculture Market for Precision Farming, By Hardware & Service, 2013–2020 (USD Million)
Table 32 IoT-Based Smart Agriculture Market for Livestock Monitoring, By Hardware & Service, 2013–2020 (USD Million)
Table 33 IoT-Based Smart Agriculture Market for Fish Farming, By Hardware & Service, 2013–2020 (USD Million)
Table 34 IoT-Based Smart Agriculture Market for Smart Greenhouse, By Hardware & Services, 2013–2020 (USD Million)
Table 35 IoT-Based Smart Agriculture Market for Other Applications, By Hardware & Services, 2013–2020 (USD Million)
Table 36 IoT-Based Smart Agriculture Market for Hardware & Network Platform, By Application, 2013–2020 (USD Million)
Table 37 IoT-Based Smart Agriculture Market for GPS/GNSS Devices, By Application, 2013–2020 (USD Million)
Table 38 IoT-Based Smart Agriculture Market for Sensor Monitoring Systems, By Application, 2013–2020 (USD Million)
Table 39 IoT-Based Smart Agriculture Market for Network Elements, By Application, 2013–2020 (USD Million)
Table 40 IoT-Based Smart Agriculture Market for Services, By Application, 2013–2020 (USD Million)
Table 41 IoT-Based Smart Agriculture Market for Connectivity Services, By Application, 2013–2020 (USD Million)
Table 42 IoT-Based Smart Agriculture Market for System Integrators, By Application, 2013–2020 (USD Million)
Table 43 IoT-Based Smart Agriculture Market for Managed Services, By Application, 2013–2020 (USD Million)
Table 44 IoT-Based Smart Agriculture Market for Hosting Services, By Application, 2013–2020 (USD Million)
Table 45 IoT-Based Smart Agriculture Market for Assisted Professional Services, By Application, 2013–2020 (USD Million)
Table 46 North America: IoT-Based Smart Agriculture Market, By Application, 2013–2020 (USD Million)
Table 47 Europe: IoT-Based Smart Agriculture Market, By Application, 2013–2020 (USD Million)
Table 48 APAC: IoT-Based Smart Agriculture Market, By Application, 2013–2020 (USD Million)
Table 49 RoW: IoT-Based Smart Agriculture Market, By Application, 2013–2020 (USD Million)
Table 50 IoT-Based Smart Agriculture Market, By Region, 2013–2022 (USD Million)
Table 51 IoT-Based Smart Agriculture Market for Precision Farming Application, By Region, 2013–2022 (USD Million)
Table 52 IoT-Based Smart Agriculture Market for Livestock Monitoring Application, By Region, 2013–2022 (USD Million)
Table 53 IoT-Based Smart Agriculture Market for Fish Farming Application, By Region, 2013–2022 (USD Million)
Table 54 IoT-Based Smart Agriculture Market for Smart Greenhouse Application, By Region, 2013–2022 (USD Million)
Table 55 IoT-Based Smart Agriculture Market for Other Applications, By Region, 2013–2022 (USD Million)
Table 56 North America: IoT-Based Smart Agriculture Market for Precision Farming Application, By Country, 2013–2022 (USD Million)
Table 57 North America: IoT-Based Market for Smart Greenhouse Application, By Country, 2013–2020 (USD Million)
Table 58 IoT Based Smart Agriculture Market for U.S., By Application, 2013–2020 (USD Million)
Table 59 IoT Based Smart Agriculture Market for Canada, By Application, 2013–2020 (USD Million)
Table 60 IoT Based Smart Agriculture Market for Mexico, By Application, 2013–2020 (USD Million)
Table 61 IoT-Based Europe: Smart Agriculture Market for Precision Farming Application, By Country, 2013–2022 (USD Million)
Table 62 IoT-Based Smart Agriculture Market for Smart Greenhouse Application, By Europe, 2013–2022 (USD Million)
Table 63 APAC: IoT-Based Smart Agriculture Market for Precision Farming Application, By Country, 2013–2022 (USD Million)
Table 64 APAC: IoT-Based Market for Smart Greenhouse Application, By Country, 2013–2020 (USD Million)
Table 65 RoW: IoT-Based Smart Agriculture Market for Precision Farming Application, By Region, 2013–2022 (USD Million)
Table 66 RoW: IoT-Based Market for Smart Greenhouse Application, By Region, 2013–2022 (USD Million)
Table 67 Market Ranking of the Top 5 Players in the IoT-Based Smart Agriculture Market, 2015
Table 68 Acquisitions and Joint Ventures, 2013–2015
Table 69 New Product Launches, 2013–2015
Table 70 Expansions 2013–2015
Table 71 Agreements, Partnerships, and Collaborations, 2013–2015

List of Figures

Figure 1 IoT-Based Smart Agriculture Market: Research Methodology
Figure 2 IoT-Based Market: Bottom-Up Approach
Figure 3 IoT-Based Market: Top-Down Approach
Figure 4 Sensing Monitoring Systems By Hardware & Network Platform Expected to Hold Largest Market Share By 2022
Figure 5 APAC Expected to Grow at the Highest CAGR in Global IoT-Based Smart Agriculture Market During the Forecast Period
Figure 6 Smart Greenhouse Expected to Have High Growth Rate in the IoT-Based Smart Agriculture Market, By Application (2016–2022)
Figure 7 IoT-Based Smart Agriculture Market in North America Held the Largest Market Share in 2015
Figure 8 Market for Climate Information Services Expected to Hold the Largest Share By 2022 in the IoT-Based Smart Agriculture Market
Figure 9 Cloud Based Software Expected to Have High Growth Rate in the IoT-Based Smart Agriculture Market, By Software (2016–2022)
Figure 10 IoT-Based Smart Agriculture Market Driven By Increasing Demand for Technology
Figure 11 Precision Farming Held the Largest Share of the IoT-Based Smart Agriculture Market, By Application (2015)
Figure 12 Sensormonitoring Systems Held the Largest Market Share in 2015
Figure 13 IoT-Based Smart Agriculture Market in APAC to Grow at the Highest CAGR During the Forecast Period
Figure 14 Overall Life Cycle in IoT-Based Smart Agriculture Expected to Be Long and Steadily Growing
Figure 15 Evolution of IoT-Based Smart Agriculture Market
Figure 16 Increasing Adoption of Technology and Global Rise in Demand for Food to Drive the Market
Figure 17 Expansion in the Global Food Demand
Figure 18 Global Increase in Livestock Production By 2020
Figure 19 Value Chain Analysis
Figure 20 Increasing Use of M2m Solutions in Agriculture
Figure 21 Overall Porter’s Five Force Model for IoT-Based Smart Agriculture Market
Figure 22 Porter’s Five Forces Analysis
Figure 23 Threat of New Entrants in IoT-Based Smart Agriculture Market, 2015
Figure 24 Threat of Substitutes in IoT-Based Smart Agriculture Market, 2015
Figure 25 Bargaining Power of Suppliers in IoT-Based Smart Agriculture Market, 2015
Figure 26 Bargaining Power of Buyers in IoT-Based Smart Agriculture Market, 2015
Figure 27 Degree of Competition in IoT-Based Smart Agriculture Market, 2015
Figure 28 IoT-Based Smart Agriculture Market, By Hardware and Network Platform
Figure 29 Network Elements Expected to Grow at the Highest Rate During the Forecast Period
Figure 30 IoT-Based Smart Agriculture Market, By Service
Figure 31 IoT-Based Smart Agriculture Market, By Software
Figure 32 IoT-Based Agriculture Market for Software, By Application, 2016 vs 2022
Figure 33 IoT-Based Smart Agriculture Market, By Application
Figure 34 Smart Greenhouse Expected to Grow at the Highest CAGR Between 2016 and 2022
Figure 35 IoT-Based Smart Agriculture Market Segmentation, By Geography
Figure 36 Asia-Pacific to Witness the Highest Growth During the Forecast Period
Figure 37 North America: IoT-Based Smart Agriculture Market Snapshot
Figure 38 Europe: IoT-Based Smart Agriculture Market Snapshot
Figure 39 APAC: Market Snapshot
Figure 40 RoW: Market Snapshot
Figure 41 Companies Adopted New Product Development as the Key Growth Strategy Between 2013 and 2015
Figure 42 Battle for Market Share: New Product Launches Were the Key Strategy
Figure 43 Geographic Revenue Mix of the Top Market Players
Figure 44 Deere & Company: Company Snapshot
Figure 45 Deere & Company: SWOT Analysis
Figure 46 Trimble Navigation Limited: Company Snapshot
Figure 47 Trimble Navigation Limited: SWOT Analysis
Figure 48 Raven Industries Inc.: Company Snapshot
Figure 49 Raven Industries Inc: SWOT Analysis
Figure 50 Agjunction Inc.: Company Snapshot
Figure 51 Agjunction Inc: SWOT Analysis
Figure 52 AGCO Corporation: Company Snapshot
Figure 53 AGCO Corporation: SWOT Analysis

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