Digital Farming Market Size & Share, by Component (Hardware, Software); Technology (Artificial Intelligence, IoT, NLP, Big Data & Analytics, Blockchain); Application (Yield Monitoring & Mapping, Smart Crop Monitoring, Smart Irrigation Monitoring, Soil & Fertilizer Management, Livestock Monitoring, Green House Farming, Weather Forecasting) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 440
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Companies Dominating the Digital Farming Market

    • Deere & Company
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Hexagon AB
    • Epicor Software Corporation
    • Trimble Inc.
    • CropX Technologies Ltd.
    • CNH Industrial N.V.
    • AGCO Corporation
    • IBM Corporation
    • Kubota Corporation
    • Syngenta Crop Protection AG

Browse Key Market Insights with Data Illustration:


In The News

  • Trimble Inc. introduced its next-generation displays- the Trimble GFX-1060 and GFX-1260 for in- field precision agriculture applications.

  • Hexagon AB launched a new technology which is dedicated for improving accuracy in shovel planting. By using sensors that indicate the machine's position and orientation, as well as the angle at which its rods are inclining, the software indicates the position and displacement that need to be used to place seedlings or planting pits evenly inside the target.

Author Credits:  Shivam Bhutani, Anil Kumar

  • Report ID: 440
  • Published Date: Feb 13, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rapidly escalating hunger rate across the globe, spike in water scarcity, and upsurge in smart farming through technology integration are some major factors driving the growth of the market.

The market is anticipated to attain a CAGR of ~17% over the forecast period, i.e., 2023-2033.

High cost of digital farming solutions, lack of awareness regarding digital farming, and high primary investment are estimated to hamper the market growth.

The market in North America is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Deere & Company, Hexagon AB, Epicor Software Corporation, Trimble Inc., CropX Technologies Ltd., CNH Industrial N.V., AGCO Corporation, and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by component, technology, application, and by region.

The smart crop monitoring segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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