The industry research reports outlines the market forecast of the agriculture M2M until 2019. Market segmentation by agriculture M2M by agriculture fleet providers, telecom operators, and others. The leading vendors analyzed by this report include Deere & Company, PGA M2M, Trimble 50, Valley Irrigation, Turkcell, McCrometer, Tyro Remotes, Davis Instruments, Telit, and Semios.
Technavio has released updated information on the M2M market, with the publication of its new market research report, global agriculture M2M market. The global agriculture M2M market is expected to generate revenue worth $4 billion between 2015 and 2019, owing to the several benefits associate with agriculture M2M applications. The Americas dominate the global market for agriculture M2M, occupying 52% of the total market share. Much of this region’s growth comes from the telecom pricing strategies, OEM costs, and effective solutions from agriculture support centers for traditional agricultural challenges.
“In recent years, various M2M technologies have gained prominence in the agriculture sector, which is focusing to deploy smart farming methods. These advanced technologies help farmers in environmental monitoring, food traceability, and land management. Governments across the world are making efforts towards developing an effective telecom network infrastructure in rural areas for smooth M2M applications. Deployment of sensors in farms help in the continuous monitoring of environment humidity, temperature, weather conditions, and soil strength and thereby improving crop productivity,” says Navin Rajendra, Lead Analyst, ICT, Technavio Research.
The wireless sensor networks monitor the yield accurately, and inform farmers about the development of crops throughout their growth cycle. This upgrades the decision-making process, ensuring better productivity at reduced expenses. By continuous observation, these M2M devices allocate suitable resources to crops when required, and also protect them by monitoring water, air, and soil data. This not only improves the harvest productivity but also enhances their quality. For example, Advanticsys, delivers a comprehensive solution to enable smart agriculture solutions such as irrigation, precision agriculture, and greenhouse monitoring and control.
The leading vendors in the global agriculture M2M market include Deere & Company, PGA M2M, Trimble 50, Valley Irrigation, Turkcell, McCrometer, Tyro Remotes, Davis Instruments, Telit, and Semios. The market is still in its infant stage, hence there are several opportunities for the start-ups and large firms to enter the market. However, the key players have a strong market presence with their distinguished product portfolios.
A more detailed analysis is available in the Technavio report, Global Agriculture M2M Market 2015-2019.
We can customize this reports by other regions and specific segments upon request.
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