The Digital Farming Global Market Report 2023, provides comprehensive information on the digital farming market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/digital-farming-global-market-report
As per The Business Research Company’s Digital Farming Global Market Report 2023, the market size is expected to grow from $12.24 billion in 2022 to $13.97 billion in 2023 at a compound annual growth rate (CAGR) of 14.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global digital farming market is expected to grow to $23.00 billion in 2027 at a CAGR of 13.3%.
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The digital farming market is segmented:
1) By Component: Hardware, Software, Other Components
2) By Technology: AI or ML or NLP, IoT, Blockchain, Big Data and Analytics
3) By Infrastructure: Sensing and Monitoring, Communication Technology, Cloud and Data Processing, Telematics or Positioning, End-Use Components
4) By Application: Yield Monitoring, Field Mapping, Crop Monitoring, Livestock Monitoring, Real Time Safety Testing, Soil Monitoring, Precision Farming
North America was the largest region in the digital farming market in 2022.
The table of contents in TBRC’s digital farming market report includes:
- Executive Summary
- Digital Farming Market Characteristics
- Digital Farming Market Trends And Strategies
- Digital Farming Market – Macro Economic Scenario
- Digital Farming Market Size And Growth
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- Africa Digital Farming Market
- Digital Farming Market Competitive Landscape And Company Profiles\
- Key Mergers And Acquisitions In The Digital Farming Market
- Digital Farming Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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