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Published Tue, Mar 3rd 2020

Global Smart Agriculture Market Outlook 2024- Exclusive Report by Goldstein research

Advanced researches and huge investments in R&D sector leads to design & manufacture of new technology devices which further expected to fuel the growth of smart agriculture market globally.

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According to the new market research report "Global Smart Agriculture  Market Outlook 2024”,  published by Goldstein Research, the smart agriculture market to expand at a CAGR of 28.28% through 2024.
Growing penetration of communication technology is positively impacting the business opportunities for smart agriculture. This communication technology is used in application such as automated irrigation, water sprinkling, farm navigation and greenhouse farming.
Over 82% of U.S. farmers are using GPS technology for monitoring farm machinery and navigation. Rising penetration of communication technology is helping in improving the precision livestock monitoring and farm management which is likely to boost the demand for precision farming during the forecast period.
Also, Wi-Fi technology dominated the global Connected Healthcare market in 2016 and this technology is now anticipated to impact majorly on the Smart Agriculture market in the near future.

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Market Dynamics

Climatic changes directly impact agricultural production. In the past few years, the U.S. and Australia region experienced in the decline in agricultural productivity due to extreme heat in the region.
Nearly 75% of freshwater is utilized for agricultural purpose. The growing scarcity of water is a major challenge. However, implementation of smart irrigation system can reduce the water consumption up to 10% and will help in saving water for other agricultural application.
Digital farming helps in reducing the cost and minimizes the efforts related to agricultural activities. Efficient use of seeds, fertilizers and pesticides can be achieved with the help of smart agriculture. Adoption of advance technologies such as ZigBee, Bluetooth and WiFi are also helping in improving productivity and also helps in keeping the environment safe.
The Report is available at:
Global Smart Agriculture Market Outlook 2024” by Goldstein Research contains a detailed overview of the newborn screening software market segmented in terms of market segmentation by type, application, industry verticals, material, product type or geography.
It highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of facility management market report will help the clients to assess their business strategies as per the competitive environment in the market space.

Major Key player of the Smart Agriculture Market discussed in the report are:

  • Deere & Company
  • Leica Geosystems
  • Trimble Navigation Ltd.
  • AgJunction Inc.
  • Cisco Systems
  • Hexagon AB
  • AGCO Corporation
Further, for the in-depth analysis, the report encompasses the market growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base point Scale ) analysis, Porter’s five forces model and SWOT analysis.

About Goldstein Research

Based in the US, Goldstein Research currently has a strong presence in the American and Asian countries. In the next five years, we strive to expand our reach to 50+ nations spanning across Europe, Asia and parts of the Middle East and Africa. We strive to realize a strong brand presence globally through our quality research and forecasting solutions.

Our mission is simple: to develop insightful business solutions, help our clients make powerful future decisions to keep them well ahead of the game which is the market, and leave a mark across businesses and communities through our well-defined ideas and clear-cut forecasts. Our market research reports provide in-depth analysis of global and regional variations along with competitors’ overview.

Our analysts are working on advanced future technologies to help various tech-giants, tech start-ups and entry players to assess the current and upcoming business scenario. We believe in the vigorous examination of the current market scenario and build around creative ideas and approaches that are most suitable to our clients’ needs and business agenda.

Contact for more Info:

Steve Blade
(Global Sales Head)
USA: + 1-646-568-7747
Canada: 1-437-886-1181
UK: +44-203-318-6627

Contact information

Steve blade
Goldstein Research
99 Wall Street, Suite No:- 527

New York,

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