Market Snapshot:
The agricultural community has spent several years synthesizing an operational innovation leading to a concept called Digital farming. In several cases, there have also been solutions put forth which are claiming to be digital farming, but now, more than ever, there is as much ambiguity about digital farming as there was when the community labeled and named it. Increasing demand for quality crops in the amount to meet the growing need of grains and vegetables is driving the global digital farming market. Digital farming is the use of IT in agriculture to improve overall farm production. This technology helps farmers improve their farming by using advanced digital technology. This process can help large and small farms and harness digital technologies to improve processes, boost their yield, and increase profitability, helping to meet the growing global food demand and lowering the overall environmental impact of farming.
Market Trend
Involvement of digital technology in farming has positively impacted the efficiency and sustainability of farms.
Market Drivers
Increasing world’s population, Decrease in arable land, Need of effective agriculture solutions, Increasing population of green farming across the world. and Cheap internet data and tremendous use of smart phones.
Opportunities
Advantages of digital farming such as livestock monitoring, precision farming, higher productivity and low investment are providing opportunities for manufacturers to make progress in the digital farming market globally. and Adoption of new advanced technology at various level of farming.
The Vendors Covered in the Study are:
BASF (Germany), Bayer (Germany), Monsato (United States), Syngenta (United States), KWS AG (Germany), Simplot (United States), Barenburg Group (U.K), Sinkist Growers (United States), Farmers Business Network (FBN)(Canada), Aggateway (United States), Aglytix Inc. (United States), Trimble Navigations Limited (United States) and Accenture (United States)
Available Customization:
List of players that can be included in the study on immediate basis are CropX Inc. (United States) and Deere and Co.(United States).