Digital agriculture, sometimes referred to as e-agricultural or smart farming, is a digital instrument used in agriculture that gathers, stores, analyzes, and disseminates electronic data and information. It is the incorporation of digital technology into livestock, crop, and other agricultural and food resource management procedures. Precision agriculture is a subset of digital agriculture. Digital agriculture, as opposed to precision agriculture, has an effect on the whole agri-food value chain prior to, during, or following on-farm production. Precision and digital agriculture thus encompass on-farm technology such as yield mapping, GPS guidance systems, and variable-rate applications.
Digital agriculture includes the use of digital technologies in e-extension services, e-commerce platforms, warehouse receipt systems, tractor rental apps, blockchain-enabled food traceability systems, and more.
Farmers can now quickly complete the necessary forms immediately from their mobile devices thanks to the digitization of the operations. Digital signature boxes, video and photo uploading capabilities, and GPS coordinates that have been recorded can all be included in forms. Agricultural biotechnology refers to a variety of methods, such as conventional breeding practices, that change or create products, enhance plants or animals, or create microorganisms with particular agricultural applications by modifying living creatures or sections of organisms.
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The following manufacturers are covered in this report:
- Deere & Company (U.S.)
- IBM Corporation(U.S.)
- CNH Industrial (U.S.)
- Microsoft Corporation (U.S.)
- AGCO Corporation (U.S.)
- Raven Industries (U.S.)
- COFCO International (Switzerland)
- Agrofy (South Africa)
- Eden Farm (Indonesia)
- HummingBird Technologies (England)
- Cranswick PLC (U.K) and Other Major Key Players.
Several important conclusions from our industry forecast analysis on digital agriculture platforms include:
In order to forecast the possible growth, this research analyzes historical data and patterns. The Digital Agriculture Platform has the ability to grow and advance technologically, especially in the rubber sectors. Over the next five years, it is expected to increase steadily. The historical study points to potential trends for the industry as well as growth opportunities in the years to come. Additionally, this study provides essential market insights that help identify the fields most favorable to investment and a competitive strategy that is most advantageous within the industry.
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Segmentation of Digital Agriculture Market:
By Type
- Crop Monitoring
- Artificial Intelligence
- Precision Farming
By Technology
- Peripheral
- Core
By Application
- Field Mapping
- Crop Scouting
- Weather Tracking
- Drone Analytics
- Others
revealing this market's regional landscape:
This study divides the market for digital agriculture platforms into the USA, UK, Europe, Asia Pacific, Latin America, and the Middle East and Africa due to the geographic distribution of the industry. The study includes citations to statistical data showing product usage in each of these topographies.
The analysis includes the estimated regional market share as well as the overall value that each region contributes. The product consumption rate for each of these regions, together with the consumption market share and the regional consumption rate, are all included in the study.
By Regions: -
- North America (US, Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
Recognizing the scale of the market:
The Share of Market, Total Available Market, and Served Available Market are used to calculate the size of the Digital Agriculture Platform market. The report includes the market size for a given geographic area in addition to the total revenue for a given market. The Digital Agriculture Platform research includes a significant section on the analysis of the percentage or size of the Total Available Market depending on the kind of product, technology, geographical limitations, and other factors.
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Important Industry Advancements in the Market for Digital Agriculture
The new Exact Apply RS sprayer from John Deere (US) was unveiled in November 2023. It employs artificial intelligence (AI) and machine learning to change application rates while on the road. With the help of this technology, farmers may save money and safeguard the environment by using up to 20% less pesticide and fertilizer.
IBM Food Trust (US) and Bayer (Germany) joined together in October 2023 to introduce a blockchain-driven platform for monitoring food safety and provenance. Customers will be able to use this platform to find out where their food comes from and confirm its authenticity.
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