Precision Farming Market Size, Segments, and Trends by 2031
Precision Farming Market: Strategic Insights
Precision Farming Market
-
CAGR (2023 - 2031)13.1% -
Market Size 2023
US$ 9.87 Billion -
Market Size 2031
US$ 26.44 Billion
Market Dynamics
GROWTH DRIVERS
- Increasing Reliance on Smartphones
- Surging Global Population and Food Demand
- Rising Government Support for Modernizing Agricultural Practices
FUTURE TRENDS
- Advanced Precision Farming Techniques
OPPORTUNITIES
- Growing Demand for Agricultural Robots
- Rapid Adoption of Advanced Analytics and IoT
Key Players
- AgJunction LLC
- Ag Leader Technology
- CropX inc
- AGCO Corporation
- Trimble Inc
- Deere and Company
- CNH Industrial N V
- Topcon
- DICKEY john
- TeeJetTechnologies
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Offering
- Hardware
- Software
- Services
Application
- Yield Monitoring
- Crop Scouting
- Field Mapping
- Inventory Management
- Weather Tracking and Forecasting