Technavio
analysts forecast the global cultivation solutions market in smart
agriculture to grow at a CAGR of around 12% during the forecast
period, according to their latest market research report.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180801005657/en/
Technavio has published a new market research report on the global cultivation solutions market in smart agriculture from 2018-2022. (Graphic: Business Wire)
The growing popularity of climate-smart agriculture is one of the major
trends being witnessed in the global
cultivation solutions market in smart agriculture 2018-2022. The
changes in rainfall patterns, the emergence of crop diseases and pests,
and soil erosion are resulting in a decline in yield and income for
farmers globally. Therefore, CSA has emerged as an effective solution
for mitigating all these issues. It is an approach that helps the
farmers to develop agricultural strategies to support and ensure food
security in a world where climate change is a growing threat.
This report is available at a USD 1,000 discount for a limited time
only: View
market snapshot before purchasing
According to Technavio analysts, one of the key factors contributing to
the growth of the global cultivation solutions market in smart
agriculture is the global rise in the adoption of smart agriculture:
Global cultivation solutions market in smart
agriculture: Global rise in the adoption of smart agriculture
Smart agriculture is a concept of carrying out agriculture using various
advanced technologies, such as the Internet of Things (IoT), Big Data,
robotics, and connected devices. Smart agriculture offers high precision
crop control, data collection, and automated farming. Smart agriculture
includes the use of technology to monitor, map, and respond to
variability in crop yields.
According to a senior market research analyst at Technavio, “With
more farmers focusing on increasing productivity, smart agriculture
offers a feasible solution for improved automation and precise control
of farm monitoring and operations. Using smart agriculture, farmers can
monitor crop health, increase productivity, reduce the impact of climate
change, detect weeds, and use water, land, and fertilizers efficiently.”
Global cultivation solutions market in smart
agriculture: Segmentation analysis
The global cultivation solutions market in smart agriculture research
report provides market segmentation by solution (agriculture cloud,
compound environmental and control equipment (CECE), and production
support), and by region (the Americas, EMEA, and APAC). It provides an
in-depth analysis of the prominent factors influencing the market,
including drivers, opportunities, trends, and industry-specific
challenges.
The Americas held the largest share of the market in 2017, accounting
for more than 41% share. The adoption of technologically advanced
solutions in smart agriculture is high in American countries such as the
US, Canada, Brazil, Argentina, and Mexico. Farmers in these countries
prefer software and advanced technology to obtain solutions for various
environmental conditions.
Looking for more information on this market? Request
a free sample report
Technavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.
Some of the key topics covered in the report include:
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation
Geographical Segmentation
Market Drivers
Market Challenges
Market Trends
Vendor Landscape
About Technavio
Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning across 50 countries. Their client base consists of enterprises
of all sizes, including more than 100 Fortune 500 companies. This
growing client base relies on Technavio’s comprehensive coverage,
extensive research, and actionable market insights to identify
opportunities in existing and potential markets and assess their
competitive positions within changing market scenarios.
If you are interested in more information, please contact our media team
at media@technavio.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20180801005657/en/