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Global Smart Agriculture Market: Overview The rapid escalation of food demand due to the growing population worldwide is boosting the demand for smart agriculture. The smart agriculture engages advanced technologies such as Big Data, GPS, IoT and connected devices. Smart agriculture helps in automated farming, collection of data from the field and then analyses it so that the farmer can make accurate decision in order to grow high quality crop. The field data are collected with the help of sensors, cameras, micro controllers, and actuators. Then the collected data are transferred via internet to the operator or the farmer for decision making. Global Smart Agriculture Market: Drivers and Restraints The major drivers of the global smart agriculture market are the increase in demand for usage of latest technologies in agriculture, rising global food demand, surging need for livestock monitoring, and increase in greenhouse farming. Due to rapid acceleration in the global population, th...

According to Transparency Market Research, the highly fragmented nature of the global smart agriculture market is likely to remain this way for the immediate future, due to the influx of a large number of regional players. The collective share of the four leading players in the market for 2016 was close to 15.5%, implying a heavier access to demand for smaller players. Trimble Navigation, Raven Industries, Inc., AgJunction, Inc., and Deere & Co, were the leading players in the global smart agriculture market for 2016, as stated in the research report published by TMR. A growing number of players in the global smart agriculture market are looking to generate larger market shares through innovation and improvements in technologies, expanding regional grasp through finding lucrative opportunities around the world, and establishing more product and service units. Mergers and acquisitions also forms a core market strategy employed by some of its leading players. Get Report Details htt...