IoT has influenced various industry verticals and is enabling farmers to reduce waste and enhance productivity by using smart agriculture techniques. IoT in agriculture allows the farmers to monitor their crops using various types of sensor. The IoT in the agriculture market is highly influenced by increasing adoption of IoT and Ai solutions by farmers, and government support to adopt modern agriculture techniques.
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Growing demand for agriculture due to increasing popularity, growing focus towards improving the efficiency and monitoring the crops, and supporting government norms are the significant factors that are expected to drive the growth of IoT in the agriculture market. However, high costs of solution and limited technical knowledge are the major restraining factors for IoT in the agriculture market. Increasing connectivity, the introduction of big data in agriculture are creating opportunities for the companies operating in the IoT in the agriculture market to gain a strong customer base and generate more revenues.
The report also includes the profiles of key IoT in agriculture companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Climate Corporation
- Deepfield Robotics
- Farmers Edge Inc.
- Flux Farm, Inc.
- IBM Corporation
- KaaIoT Technologies, LLC
- Libelium Comunicaciones Distribuidas S.L
- Octonion SA