Just Published: "Smart Agriculture Market - Global Forecast to 2022"

Smart Agriculture Market by Hardware and Network Platform (GPS/GNSS Devices, Sensor Monitoring Systems, and Smart Detection Systems/Network Elements), Service, Software, Application, and Geography - Global Forecast to 2022

The smart agriculture market is expected to reach USD 18.45 billion by 2022, at a CAGR of 13.8% between 2016 and 2022. The major driving factors for the Smart agriculture market are increasing adoption of technology in agriculture, global increase in the demand for food, and assistance in monitoring livestock performance and health.

Full Report Details at
- http://www.fastmr.com/prod/1119197_smart_agriculture_global.aspx?afid=301

"The market for network elements is expected to grow at the highest CAGR in the hardware and network platform segment of the Smart agriculture market during the forecast period between 2016 and 2022"

The market for network elements is expected to grow at the highest CAGR in the hardware and network platform segment of the Smart agriculture market. Network elements cover the gateways and IoT platforms. Gateways act as a link between the network domain and device domain, and help to provide information through the M2M devices attached to animals, crops, fishing boats, and others. Network elements in the smart agriculture help to connect sensors for controlling machines, tracking crop yield on field, shipping control, livestock monitoring, supplying accurate amount of light and water in smart greenhouse farming, and so on. Hence, the market for network elements is growing at the highest CAGR in the hardware and network platform segment of the Smart agriculture market.

"Precision farming held the largest share of the market segmented on the basis of application in the Smart agriculture market in 2015"

The precision farming application dominated the application segment of the Smart agriculture market as precision farming helps growers to break down fields into zones, creating a site-specific approach to maximize yields and minimize input costs. Precision farming can be used for a wide range of applications on a farm, from a single GPS-enabled guidance system for a piece of farm equipment to more complex functions such as the remote monitoring and controlling of multiple in-field devices using an integrated software platform.

"The market in Asia-Pacific is expected to grow at the highest CAGR in the Smart agriculture market on the basis of geography between 2016 and 2022"

APAC is one of the key prospective markets in precision farming owing to its large farmlands and huge population. There is a growing demand for meat and dairy products in APAC countries owing to factors such as the rise in the population and disposable income, improved quality of life, and others. Population is a major factor driving the adoption of greenhouse automation technologies in APAC.

About Fast Market Research

Fast Market Research is a leading distributor of market research and business information. Representing the world's top research publishers and analysts, we provide quick and easy access to the best competitive intelligence available. Our unbiased, expert staff is always available to help you find the right research to fit your requirements and your budget.

For more information about these or related research reports, please visit our website at http://www.fastmr.com or call us at 1.800.844.8156 (1.413.485.7001 Int'l)

You may also be interested in these related reports:

- Connected Agriculture Market - Global Forecast to 2020
- Global Contactless Smart Card Market 2015-2019
- Next Generation Network OSS/BSS Market and Forecast 2015 - 2020
- Global Smart Card Market in the Government Sector 2015-2019
- Global Smart Cities Market 2015-2019