Digitization of farming is expected to help feed the growing population. Global population is expected to increase by about 40% and reach 9.6 billion by 2050. Therefore, the overall food production needs to double to meet the rising demand for food. The current production rate, process, and distribution method would not be sufficient to feed the growing population; thus, adoption of new and advanced technology, at various levels of farming, is expected to become vital to meet the growing demand.
Rising population and increasing demand for food are prominent factors driving the digital farming market. Moreover, the growing demand to efficiently deal with pests, weeds, and other diseases is encouraging farmers to digitize their farm. In developing regions, cheaper internet data and strong penetration of smart devices (especially smartphones) are driving the digital farming market. Active participation of governments in digitizing farms through investment is also driving the digital farm market. For instance, in October 2017, the Government of Karnataka (a state in India) signed a memorandum of understanding (MoU) with Microsoft Corporation to empower small farm holders with technology oriented solutions to improve productivity.
Top Companies Covered in this Report:
1. Vodafone Group PLC, 2. Trimble Inc, 3. Salt Mobile SA,, 4. Accenture, 5. Deere and Company, 6. IBM, 7. Epicor Software Corporation, 8. Hexagon, 9. Monsanto Company, 10. Aglytix Inc.
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What is Digital Farming Market Scope?
The “Global Digital Farming Market Analysis to 2027” is a specialized and in-depth study of the Digital Farming industry with a special focus on the global market trend analysis. The report aims to provide an overview Digital Farming market with detailed market segmentation as deployment, end-user, and geography. The global Digital Farming market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Digital Farming market players and offers key trends and opportunities in the Digital Farming market.
What is Digital Farming Market Segmentation?
The global Digital Farming market is segmented on the basis of component, application. On the basis of component, market is segmented as hardware, software, others. On the basis of application, market is segmented as precision farming, live stock monitoring, green house farming, others.
What is Digital Farming Market Regional Framework?
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Digital Farming market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Digital Farming market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
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Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Digital Farming Market Size
2.2 Digital Farming Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Digital Farming Market Size by Manufacturers
3.2 Digital Farming Key Players Head office and Area Served
3.3 Key Players Digital Farming Product/Solution/Service
3.4 Date of Enter into Digital Farming Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Digital Farming Sales by Product
4.2 Global Digital Farming Revenue by Product
4.3 Digital Farming Price by Product
5 Breakdown Data by End User
5.2 Global Digital Farming Breakdown Data by End User
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