HTF MI recently introduced Global Digital Farming Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status (2024-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence. Some key players from the complete study are John Deere, Trimble, Bayer, BASF, Syngenta, IBM, Monsanto, Ag Leader Technology, Raven Industries, AGCO Corporation, Topcon Positioning Systems, SAP, Taranis, Granular, Climate Corporation, CNH Industrial, Farmers Edge, Hexagon Agriculture, SenseFly, AGJunction.
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According to HTF Market Intelligence, the Global Digital Farming market is expected to grow from 12.5 Billion USD in 2024 to 30.0 Billion USD by 2032, with a CAGR of 10.5% from 2024 to 2032.
The Digital Farming market is segmented by Types (Precision Agriculture, IoT Sensors, Drones, Farm Management Software), Application (Crop Monitoring, Livestock Monitoring, Soil Management, Yield Analysis) and by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA).
Definition:
Digital farming involves the use of technology to optimize agricultural practices, improving productivity, crop yield, and sustainability. Technologies include IoT, big data, drones, and farm management software for real-time monitoring, data-driven decisions, and efficient use of resources. With increasing food demand and climate challenges, digital farming enables farmers to address sustainability and yield efficiency, providing tools to monitor soil health, predict weather impacts, and automate farming processes.
Dominating Region:
• North America
Fastest-Growing Region:
• Asia-Pacific
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The titled segments and sub-section of the market are illuminated below:
In-depth analysis of Digital Farming market segments by Types: Precision Agriculture, IoT Sensors, Drones, Farm Management Software
Detailed analysis of Tank Container Shipping market segments by Applications: Crop Monitoring, Livestock Monitoring, Soil Management, Yield Analysis
Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
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Digital Farming Market Research Objectives:
– Focuses on the key manufacturers, to define, pronounce and examine the value, sales volume, market share, market competition landscape, SWOT analysis, and development plans in the next few years.
– To share comprehensive information about the key factors influencing the growth of the market (opportunities, drivers, growth potential, industry-specific challenges and risks).
– To analyze the with respect to individual future prospects, growth trends and their involvement to the total market.
– To analyze reasonable developments such as agreements, expansions new product launches, and acquisitions in the market.
– To deliberately profile the key players and systematically examine their growth strategies.
FIVE FORCES & PESTLE ANALYSIS:
In order to better understand market conditions five forces analysis is conducted that includes the Bargaining power of buyers, Bargaining power of suppliers, Threat of new entrants, Threat of substitutes, and Threat of rivalry.
• Political (Political policy and stability as well as trade, fiscal, and taxation policies)
• Economical (Interest rates, employment or unemployment rates, raw material costs, and foreign exchange rates)
• Social (Changing family demographics, education levels, cultural trends, attitude changes, and changes in lifestyles)
• Technological (Changes in digital or mobile technology, automation, research, and development)
• Legal (Employment legislation, consumer law, health, and safety, international as well as trade regulation and restrictions)
• Environmental (Climate, recycling procedures, carbon footprint, waste disposal, and sustainability)
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Points Covered in Table of Content of Global Digital Farming Market:
Chapter 01 – Digital Farming Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Global Digital Farming Market – Pricing Analysis
Chapter 05 – Global Digital Farming Market Background or History
Chapter 06 – Global Digital Farming Market Segmentation (e.g. Type, Application)
Chapter 07 – Key and Emerging Countries Analysis Worldwide Digital Farming Market
Chapter 08 – Global Digital Farming Market Structure & worth Analysis
Chapter 09 – Global Digital Farming Market Competitive Analysis & Challenges
Chapter 10 – Assumptions and Acronyms
Chapter 11 – Digital Farming Market Research Methodology
Key questions answered
• How Global Digital Farming Market growth & size is changing in next few years?
• Who are the Leading players and what are their futuristic plans in the Global Digital Farming market?
• What are the key concerns of the 5-forces analysis of the Global Digital Farming market?
• What are the strengths and weaknesses of the key vendors?
• What are the different prospects and threats faced by the dealers in the Global Digital Farming market?
Thanks for reading this article; you can also get individual chapter-wise sections or region-wise report versions like North America, LATAM, Europe, Japan, Australia or Southeast Asia.
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