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Global Agriculture IoT market Size, Growth, Demand, Opportunities & Forecast To 2027

Author: Snehal Mhetre
by Snehal Mhetre
Posted: Apr 05, 2021
asia pacific

Internet of Things (IoT) has been transforming modern agriculture industry. Asia Pacific agriculture IoT market will grow by 17.0% annually with a total addressable market cap of $94.88 billion over 2020-2030 driven by increasing population coupled with rise in demand for food, advancement in digital technologies, prevalent mobile devices, and government initiatives.

Highlighted with 40 tables and 39 figures, this 106-page report "Asia Pacific Agriculture IoT Market 2020-2030 by Offering (Hardware, Software, Services), System, Application (Precision Agriculture, Indoor Farming, Livestock, Aquaculture), and Country" is based on a holistic research of the entire Asia Pacific agriculture IoT market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2016-2019 and provides forecast from 2020 till 2030 with 2019 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.

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In-depth qualitative analyses include identification and investigation of the following aspects:

  • Market Structure
  • Growth Drivers
  • Restraints and Challenges
  • Emerging Product Trends & Market Opportunities
  • Porter’s Fiver Forces

The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify Asia Pacific agriculture IoT market in every aspect of the classification from perspectives of Offering, System, Application, and Country.

Based on Offering, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

Agriculture IoT Hardware

  • Automation and Control Systems
  • Sensing and Monitoring Devices
  • Navigation and Guidance Systems

Agriculture IoT Software

  • Cloud Based Product
  • On Premises Product

Agriculture IoT Services

  • Professional Services
  • Managed Services

Based on System, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

Tracking & Positioning Systems

  • GNSS/GPS Devices
  • RFID

Monitoring & Detection Systems

  • Wireless Sensor Network
  • UAVs/Drones
  • Auto-steering & Autonomous Vehicles

Communication Systems

  • Network Communication Technologies
  • Standards & Protocols

Cloud Computing

Data Management Systems

Based on Application, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2019-2030 included in each section.

Precision Agriculture IoT

  • Crop Health Scouting
  • Yield Monitoring
  • Water, Pest & Fertilizer Management
  • Climate, Weather & Soil Monitoring
  • Farm Mapping
  • Other Applications

Indoor Farming IoT

  • Plant and Yield Monitoring
  • Lighting Management
  • Water, Pest & Fertilizer Management
  • Ambient Environmental Monitoring
  • Other Applications

Livestock Farming IoT

  • Animal Health Monitoring
  • Milk Harvesting
  • Feeding Management
  • Breeding Management
  • Geofencing & Mapping
  • Other Applications

Fisheries and Aquaculture IoT

  • Animal Behavior & Health Monitoring
  • Feed Monitoring
  • Aquatic Species Tracking and Navigation
  • Geofencing & Mapping
  • Other Applications

Precision Forestry IoT

Other Applications

Geographically, the following national/local markets are fully investigated:

  • Japan
  • China
  • South Korea
  • Australia
  • India
  • Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, and Sri Lanka)

For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2019-2030. The breakdown of key national markets by Offering, System, and Application over the forecast years are also included.

The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.

Specifically, potential risks associated with investing in Asia Pacific agriculture IoT market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.

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Key Players

  • Ag Leader Technology
  • AKVA Group ASA
  • Antelliq
  • Deepfield Robotics (Bosch)
  • Deere & Company
  • Delaval
  • Eruvaka Technologies
  • Farmers Edge
  • GEA Group
  • Komatsu Forest
  • Ponsse
  • PrecisionHawk Inc.
  • Raven Industries
  • Smartcultiva Corporation
  • Topcon Corporation
  • Trimble Inc.

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Author: Snehal Mhetre

Snehal Mhetre

Member since: Mar 25, 2021
Published articles: 13

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