Digital Agriculture Market Overview:

The purpose of this study is to provide an in-depth analysis of the Digital Agriculture market by component, application, industry, and geography. The study provides detailed information on the major factors influencing the growth of the Digital Agriculture industry. The study also provides a thorough examination of the market's value chain.

IT-based farm management systems detect, evaluate, and regulate field variability by executing crop production strategies at the optimum place, time, and manner to achieve optimal profitability, sustainability, and protection of land resources. Despite substantial research, only a tiny number of farmers have implemented any precision agriculture technological system approach to reorganize the entire agricultural economy toward reduced input, elevated efficiency, and sustainable farming.

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Digital Agriculture Market Scope:

The research method used to assess and forecast the Digital Agriculture market begins with gathering revenue data from key suppliers using secondary research sources. When defining market segmentation, vendor offerings are also considered. Using the bottom-up method, the income of major corporations was utilized to assess the total size of the Digital Agriculture market.

Digital Agriculture Market Segmentation:

The precision farming segment accounted for more than 45% of the digital agriculture market by type in 2020. During the forecast period, this market segment is anticipated to grow at a CAGR of 13.6%. Precision farming is anticipated to expand over time following the COVID-19 pandemic because it enables farmers to monitor the condition of their crops without being physically present in the field through the use of automation. This reduces the need for contact with other people, which is crucial during these times. This farming, as opposed to conventional gardening methods, uses precise proportions of inputs to increase average yields.

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Digital Agriculture Market Key Players:

Raven Industries
Topcon Positioning Systems
Gamaya SA
Easytosee Agtech
AGCO Corporation
Trimble Inc
AgEagle Aerial Systems Inc.
Bayer CropScience AG
Small Robot Company
Microsoft Corporation
COVID-19 Impact Analysis on Digital Agriculture Market:

COVID-19 is a historic global public health emergency that has impacted virtually every business, and the long-term consequences are expected to have an impact on industry growth throughout the projection period. Our ongoing research expands our research methodology to include basic COVID-19 concerns as well as potential next steps. The research sheds light on COVID-19 by taking changes in consumer behaviour and demand, purchasing patterns, supply chain re-routing, the dynamics of modern market forces, and significant government initiatives into account. Based on the market impact of COVID-19, the updated report includes insights, analysis, projections, and predictions.

Key Questions Answered in the Digital Agriculture Market Report are:

Which segment had the largest share in the Digital Agriculture market?
How is the competitive scenario of the Digital Agriculture market in 2020?
Which are the key drivers impacting the Digital Agriculture market growth?
Which region holds the maximum share in the Digital Agriculture market?
What will be the CAGR of the Digital Agriculture market during the forecast period (2021-2027)?
About Stellar Market Research:

Stellar Market Research is a market research and consulting firm that provides syndicated and custom research reports in addition to consulting services. The main goal of the company's products is to assist businesses in identifying, focusing on, and analysing changes in consumer behaviour across demographics and industries to assist them in making better business decisions. In order to provide relevant and fact-based research, the company conducts market intelligence studies in a variety of industries, including healthcare, touch points, and energy. With experience in many different industries, Stellar Market Research has a sizable staff of highly qualified analysts. Clients can gain a competitive advantage over their rivals thanks to the company's subject-matter expertise and capacity to provide a workable solution to any research problem.

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