According to a market report by Lucintel, the future of the global digital agriculture market looks promising with opportunities in the advisory service, precision agriculture & farm management, quality management & traceability, digital procurement, agri e-commerce, and financial service markets. The global digital agriculture market is expected to reach an estimated $37.8 billion by 2030 from $20.4 billion in 2024,at a CAGR of 10.8% from 2024 to 2030. The major drivers for this market are increasing awareness of digital agriculture among consumers, growing worries about nutrition and food security, advances in technology, minimizing waste and efficient use of resources.A more than 150-page report to understand trends, opportunity and forecast in digital agriculture market to 2030 by type (hardware, software, and service), operation (farming & feeding, monitoring & scouting, and marketing & demand generation), offering (advisory services, precision agriculture & farm management, quality management & traceability, digital procurement, agri e-commerce, and financial services), technology (peripheral technologies and core technologies), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that monitoring & scouting is expected to witness the highest growth over the forecast period because the farmers and other stakeholders can remotely record any disruption in farm work through scouting and monitoring.
Within this market, advisory services is expected to witness the highest growth because most tasks are handled by service providers, who also advise farmers on how to increase output.
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APAC is expected to witness highest growth over the forecast period due to number of measures implemented by the governments of the developing nations to promote the use of contemporary farming technologies.
CISCO Systems, IBM Corporation, Accenture, Deere & Company, Trimble, DeLaval, AKVA Group, Hexagon, DJI, Epicor Software Corporation are the major suppliers in the digital agriculture market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cost visit Lucintel'sAnalytics Dashboard.
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Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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