DigitalFarming Market Size And Forecast
DigitalFarming Market size is growing at a moderate pace with substantial growth ratesover the last few years and is estimated that the market will growsignificantly in the forecasted period i.e. 2021 to 2028.

TheGlobal Digital Farming Market has grown substantially in recent times becauseof greater food demand due to population expansion, increased use of VRT(Variable Rate Technology), and the expanding prevalence of remote sensingtechnology, as well as guidance technologies worldwide farmers. In addition,significant cost reductions gained via the application of advanced agriculturaltechniques, and thereby are expected to drive the demand in the Global DigitalFarming Market in the forecasted period. The Global Digital Farming Marketreport provides a holistic evaluation of the market. The report offers acomprehensive analysis of key segments, trends, drivers, restraints,competitive landscape, and factors that are playing a substantial role in themarket.

GlobalDigital Farming Market Definition
DigitalFarming is the use of tools, services, and solutions to collect interpreteddata and provide farmers with the best possible advice on water, soil, andnutrition management. The solution aids in the improvement of overallagricultural solutions by assisting farmers in the timely and exact applicationof their crops. It will provide the best fertilization program for particularfields, allowing them to determine how much to apply and adapt to differencesin different regions of the field. In a word, Digital Farming is theapplication of information technology to agriculture. To boost yield, it mostlyentails the use of connected devices and machinery, as well as other digitaltechnologies.

Get | DownloadSample Report @ https://www.verifiedmarketresearch.com/download-sample?rid=33827&utm_source=Free&utm_medium=004

Connecteddevices and software have a role in all aspects of farming, from precisionfarming to animal monitoring to greenhouse farming. The amount of harvestedproduce in storage is monitored via networked farm sensors. This informationgives farmers a precise picture of their livestock. Drones create field mapsand pictures that provide critical information about crop health. Soil sensorsproduce a report on the soil’s nutrient concentration. Sowing and harvestingcrops are made easier with the help of farm robots. Weather and other relatedinformation are provided through satellite and mobile radio antennas.

GlobalDigital Farming Market Overview
Thepaucity of labor, combined with rising food demand, is the primary driver ofthe worldwide Digital Farming business. As the world’s population grows, sodoes the demand for more food, which requires more production at a lower costin a limited resource environment. In addition, the demand for Digital Farmingsolutions is being bolstered by a growing shortage of farmworkers as a resultof urbanization in search of a reliable source of income. Furthermore, asnatural resources such as water become scarcer, and the environment changes,such as the greenhouse effect, the demand for Digital Farming to maximizeresource efficiency and production grows. Individuals’ lack of technicalunderstanding, on the other hand, may impede market expansion.

Despitethis, the increasing penetration of technology and electrical devices inagriculture may create new potential for the industry to expand. Everyindustry, including agriculture, is undergoing a digital revolution. Demand forhigher-quality food, rapid population expansion, climate change, watershortages, pollution, dwindling biodiversity, and wealth-driven higher-valuenutrition are all concerns that Digital Farming may help address. According toa new UN assessment, the world’s current population of 7.6 Billion people willgrow to 8.6 Billion in 2030, 9.8 Billion in 2050, and 11.2 Billion in 2100.

DigitalFarming has the potential to solve the problem of feeding this massivepopulation while also being environmentally friendly. Global giants areactively working, investing, and pursuing merger and acquisition strategies toimprove the sustainability and efficiency of the global food supply chain.Farmers’ productivity and output will grow as a result of the digitalplatform’s user-friendly front-end frame, and they will be able to addressyield opportunities to prevent global starvation and solve limited farmlandchallenges throughout the world.

Thelack of awareness and understanding of the technology is the most majordifficulty related to Digital Farming. An imaginative approach is required tocomprehend the workings of new technology and to see how things will evolve.Many farmers are unaware of how Digital Farming works. During the projectionperiod, the worldwide Digital Farming Market is likely to be hampered by a lackof awareness and understanding, as well as the high cost of advanced equipmentand technology.

GlobalDigital Farming Market: Segmentation Analysis
TheGlobal Digital Farming Market is segmented based on Application, Component, andGeography.

Ask For Report Details @ https://www.verifiedmarketresearch.com/product/digital-farming-market/?utm_source=Free&utm_medium=004

DigitalFarming Market, By Application
•Precision Farming
• Live Stock Monitoring
• Green House Farming
• Others

Basedon Application, the market is bifurcated into Precision Farming, Live StockMonitoring, Greenhouse Farming, and Others. The Greenhouse Farming segmentaccounted for the largest market share because of its capacity to grow avariety of crops outside of its native habitat and people utilize GreenhouseFarming to grow a variety of crops, the most common of which being tomatoes,cucumbers, peppers, and melons. Grapes, cherries, Japanese persimmons, figs,loquats, lemons, and mangoes, as well as a variety of flowers, are all grown inGreenhouses.

DigitalFarming Market, By Component
•Hardware
• Software
• Others

Basedon Component, the market is bifurcated into Hardware, Software, and Others. TheHardware segment accounted for the largest market share because, in the DigitalFarming industry, companies are continually looking for new methods to bringinnovative products and services to consumers. Some of the companies thatoperate in the Digital Farming Market also sell farming robots.

DigitalFarming Market, By Geography
•North America
• Europe
• Asia Pacific
• Latin America, Middle East, and Africa

Onthe basis of Geography, the Global Digital Farming Market is classified intoNorth America, Europe, Asia Pacific, and Latin America, Middle East, andAfrica. Europe held the greatest market shares in the worldwide Digital FarmingMarket due to the solid financial situation of the farmers, availability of thenewest technology, strong infrastructure, and reinforced supply chain. TheNetherlands has risen to prominence as a global leader in agriculturalinnovation, establishing new paths to combat hunger in Europe. The Netherlandscurrently accounts for over a third of all global vegetable seed trade. The mostsignificant contribution to the rapid expansion of the Dutch agricultural andDigital Farming industries has been the integration of greenhouse farming andprecision farming.

KeyPlayers
The“Global Digital Farming Market” research report will provide useful informationwith a focus on the global market. The major players in the market are Trimble Navigation Ltd., Cisco SystemsInc., Monsanto Company, Bayer Cropscience Limited, Salt Mobile SA, AccenturePLC, Deere & Co., IBM Corporation, Epicor Software Corporation, HexagoneAB, and Vodafone Group PLC. The competitive landscapesection also includes key development strategies, market share, and marketranking analysis on a global scale for the aforementioned players.

For More Information @ https://www.verifiedmarketresearch.com/download-sample?rid=33827&utm_source=Free&utm_medium=004

About us –

Verified Market Research is a leading Global Research and Consulting firmthat has been providing advanced analytical research solutions, customconsulting and in-depth data analysis for 10+ years to individuals andcompanies alike that are looking for accurate, reliable and up to date researchdata and technical consulting. VMR offers insights into strategic and growthanalyses, Data necessary to achieve corporate goals and help make criticalrevenue decisions.

Ourresearch studies help our clients make superior data-driven decisions,understand market forecasts, capitalize on future opportunities and optimizeefficiency by working as their partner to deliver accurate and valuableinformation. The industries we cover span over a large spectrum includingTechnology, Chemicals, Manufacturing, Energy, Food and Beverages, Automotive,Robotics, Packaging, Construction, Mining & Gas. Etc.

We, atVerified Market Research assist in understanding holistic market indicatingfactors and most current and future market trends. Our analysts, with theirhigh expertise in data gathering and governance, utilize industry techniques tocollate and examine data at all stages. They are trained to combine modern datacollection techniques, superior research methodology, subject expertise andyears of collective experience to produce informative and accurate research.

Havingserviced over 5000+ clients, we have provided reliable market research servicesto more than 100 Global Fortune 500 companies such as Amazon, Dell, IBM, Shell,Exxon Mobil, General Electric, Siemens, Microsoft, Sony and Hitachi. We haveco-consulted with some of the world’s leading consulting firms like McKinsey& Company, Boston Consulting Group, Bain and Company for custom researchand consulting projects for businesses worldwide.

Contactus:

Mr.Edwyne Fernandes

VerifiedMarket Research

US: +1(650)-781-4080

UK: +44(753)-715-0008

APAC:+61 (488)-85-9400

USToll-Free: +1 (800)-782-1768

Website:- https://www.verifiedmarketresearch.com/

Email:[email protected]

Try Our New Dashboard :- https://www.verifiedmarketresearch.com/dashboard/?utm_source=Free&utm_medium=004