The "Agriculture M2M Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion. This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political, economic, social, technological, environmental, and legal factors. Expert opinions and recent developments highlight the geographical distribution and forecast the market's trajectory, ensuring a robust foundation for strategic planning and investment.
What is the projected market size & growth rate of the Agriculture M2M Market?
Market Analysis and Insights:
Global Agriculture M2M Market
The agriculture M2M market is expected to be growing at a growth rate of 41.3% in the forecast period of 2021 to 2028. The increasing number of networking devices and connections will act as a driving factor for the growth of the agriculture M2M market. This means that the agriculture M2M market value, which was USD 2.5 million in 2020 will climb up to USD 39.72 million by the year 2028.
The word machine to machine (M2M) is utilized to define a technology that allows connected devices to share data or information and achieve various actions without human assistance. An agricultural machine to machine M2M is applied to define irrigation systems, vehicles, and weather stations that are connected to each other utilizing telecom network and core software for the examination and delivery of instructions. Agriculture M2M is a part of the growing internet of things trend, where the devices can be retrieved and controlled over the network.
Upsurge in the demand for the food production, increase in the energy prices and the decrease of the underground water levels are few of the major factors that are further inducing growth of the agriculture M2M market in the forecast period. Furthermore, the loss of farmland because of the fast urbanization and the swift alteration of the agricultural sector concerning the smart farming is further estimated to propel the growth of the agriculture M2M market in the timeline period. Moreover, increase in the awareness amongst farmers to make informed decisions to enhance the yields and rise in the effectiveness and transparency within the agricultural value chain is further projected to supplement the growth of the agriculture M2M market in throughout the forecast period.
On the other hand, increase in the prices of setting up and maintenance services are further anticipated to derail the growth of the agriculture M2M market in the coming years. In addition, mobile operators discovering various prospects to increase their facilities apart from connectivity, focus on the large part of the market, and upsurge the sustainability of their businesses which will further generate lucrative and remunerative growth opportunities for the agriculture M2M market. However, the inadequate network coverage, and the limited understanding of business cases might further challenge the growth of the agriculture M2M market.
This agriculture M2M market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on agriculture M2M market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
This research report is the result of an extensive primary and secondary research effort into the Agriculture M2M market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Agriculture M2M Market.
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Which are the driving factors of the Agriculture M2M market?
The driving factors of the Agriculture M2M market include technological advancements that enhance product efficiency and user experience, increasing consumer demand driven by changing lifestyle preferences, and favorable government regulations and policies that support market growth. Additionally, rising investment in research and development and the expanding application scope of Agriculture M2M across various industries further propel market expansion.
Agriculture M2M Market - Competitive and Segmentation Analysis:
Global Agriculture M2M market, By Type (Platforms Development, Application Development, Hardware, Other), Application Type (Precision Farming, Remote Monitoring And Control, Dairy Herd Management, and Data Management), Country (U.S., Canada, Mexico, Germany, Ireland, Poland, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Chile, Rest of South America, UAE, Egypt, Saudi Arabia, Kuwait, South Africa, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Which are the top companies operating in the Agriculture M2M market?
The major players covered in the agriculture M2M market report are Aeris, Argus Control Systems Limited., Davis Instruments Corporation., Elecsys, Eltopia Communications, Kontron, Mahindra & Mahindra Ltd., McCrometer, Inc., Orange Business Services, SemiosBio Technologies Inc., Telit, Trimble, Inc., Turkcell Iletisim Hizmetleri A.S., Tyro Remotes, Valmont Industries, Inc., Verizon, Vodafone Group, Tigercat International Inc., KUBOTA Corporation., Deere & Company., AGCO Corporation., among other domestic and global players.
Short Description About Agriculture M2M Market:
The Global Agriculture M2M market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
North America, especially The United States, will still play an important role which can not be ignored. Any changes from United States might affect the development trend of Agriculture M2M. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.
Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2031.
Agriculture M2M Market size is projected to reach Multimillion USD by 2031, In comparison to 2024, at unexpected CAGR during 2024-2031.
Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.
This report focuses on the Agriculture M2M in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
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What are your main data sources?
Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters
What are the key regions in the global Agriculture M2M market?
- North America (United States, Canada and Mexico)
- Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
- South America (Brazil, Argentina, Columbia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This Agriculture M2M Market Research/Analysis Report Contains Answers to your following Questions
- What are the global trends in the Agriculture M2M market?
- Would the market witness an increase or decline in the demand in the coming years?
- What is the estimated demand for different types of products in Agriculture M2M?
- What are the upcoming industry applications and trends for Agriculture M2M market?
- What Are Projections of Global Agriculture M2M Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
- Where will the strategic developments take the industry in the mid to long-term?
- What are the factors contributing to the final price of Agriculture M2M?
- What are the raw materials used for Agriculture M2M manufacturing?
- How big is the opportunity for the Agriculture M2M market?
- How will the increasing adoption of Agriculture M2M for mining impact the growth rate of the overall market?
- How much is the global Agriculture M2M market worth? What was the value of the market In 2020?
- Who are the major players operating in the Agriculture M2M market? Which companies are the front runners?
- Which are the recent industry trends that can be implemented to generate additional revenue streams?
- What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Agriculture M2M Industry?
Customization of the Report
Can I modify the scope of the report and customize it to suit my requirements? Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.
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Detailed TOC of Global Agriculture M2M Market Insights and Forecast to 2031
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Market Overview
- Agriculture M2M Market By Type
- Agriculture M2M Market By Function
- Agriculture M2M Market By Material
- Agriculture M2M Market By End User
- Agriculture M2M Market By Region
- Agriculture M2M Market: Company Landscape
- SWOT Analysis
- Company Profiles
- Continued...
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