M2M/IoT Applications in the Agricultural Industry: Number of Installed Wireless Devices for Applications in Agricultural Production is Forecasted to Reach 37.1 Million Connected Devices by 2027

News provided by

Jan 08, 2024, 11:45 ET

DUBLIN, Jan. 8, 2024 /PRNewswire/ -- The "M2M/IoT Applications in the Agricultural Industry - 3rd Edition" report has been added to ResearchAndMarkets.com's offering.

IoT Applications in the Agricultural Industry analyses the latest developments on the global smart farming market covering precision farming, agricultural drones, in-field monitoring, herd management and farm management software.

The report forecasts that the number of installed wireless devices for applications in agricultural production is forecasted to grow at a CAGR of 8.1 percent from 25.2 million connections at the end of 2022 to 37.1 million connected devices by 2027. Cellular connections amounted to 1.8 million at the end of 2022 and is expected to grow at a CAGR of 17.7 percent to reach 4.0 million in 2027.

The main application areas for cellular communications comprise telematics and in-field sensor systems. LPWA technologies are expected to achieve the highest growth rate and realise a significant market position in the remote monitoring and control segment. 802.15.4-based standards comprise the most employed wireless technology due to its wide adoption in dairy cow monitoring applications.

Key Market Trends

The emerging digital ecosystem requires a shift towards collaboration
Larger herds drive the adoption of precision livestock farming technologies
IoT start-ups attract significant venture capital investments
System integration and interoperability are high on the agenda
Dealerships remain as gateways to customers
OEMs likely to extend free telematics subscription periods
Freemium strategies will intensify competition between software vendors
Autonomy will play a significant role in agricultural operations

Highlights from the report:

Insights from numerous interviews with market leading companies.
Comprehensive overview of the smart farming value chain and key applications.
In-depth analysis of market trends and key developments in crop and livestock production.
Profiles of 84 smart farming solution providers.
Detailed reviews of the latest precision agriculture initiatives launched by industry players.
Summary of OEM propositions from manufacturers of agricultural equipment.
Forecasts by market segment, region and wireless technology lasting until 2027.

Key Topics Covered:

1 The Agricultural Sector
1.1 Agricultural production
1.2 Agricultural commodities
1.3 Demand for agricultural commodities
1.4 Agricultural operations
1.5 Agricultural equipment

2 Smart Farming Technologies and Solutions
2.1 Smart farming infrastructure
2.2 Machinery management
2.3 Precision agriculture
2.4 Remote sensing
2.5 Remote monitoring and control
2.6 Precision livestock farming
2.7 Data management and predictive analysis
2.8 Business models and strategies

3 Market Forecasts and Trends
3.1 Market analysis
3.2 Market drivers and barriers
3.3 Value chain analysis
3.4 Market trends

4 OEM Products and Strategies

AGCO
ARGO Tractors
CLAAS Group
CNH Industrial
Deere & Company
Komatsu
Krone
Kubota
Mahindra & Mahindra
Ponsse
Rottne
SDF
Tigercat
Vermeer

5 Aftermarket Solution Providers
5.1 Precision farming

AG Leader Technology
Agjunction
DICKEY-john
Farmers Edge
Hexagon
Lacos
Raven Industries
Topcon Positioning Systems
Trimble
UniStrong
Yara

5.2 Agricultural drones

AgEagle
Aonic
DJi
Draganfly
Hylio
Jiyi
Sentera
TTA
Wingtra
XAG

5.3 Environmental and pest monitoring

Campbell Scientific
Davis Instruments
Fieldin
Prointegra
Pessl Instruments
Semios
Sencrop
Trapview
Weenat

5.4 Water management

Arable Labs
AquaSpy
CropX
EarthScout
Hortau
Libelium
Lindsay Corporation
Netafim
Pycno
Rivulis
Valmont Industries

5.5 Dairy herd management

Afimilk
BouMatic
CowManager
Dairymaster
Datamars
DeLaval
Farmnote
Fullwood JOZ
GEA Group
Lely
Merck
Moocall
Nedap
Stellapps
Zoetis

5.6 Agricultural software

365FarmNet
Agrivi
BASF
Bushel
The Climate Corporation (Bayer)
Conservis
Corteva Agriscience
Cropin
DKE-Data
Farmers Business Network
Isagri
Proagrica
Syngenta
Telus Agriculture & Consumer Goods

For more information about this report visit https://www.researchandmarkets.com/r/pu259c

About ResearchAndMarkets.com
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

Media Contact:

Research and Markets
Laura Wood, Senior Manager
[email protected]

For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716

Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg

SOURCE Research and Markets