Market Overview:
United States smart agriculture market size is projected to exhibit a growth rate (CAGR) of 9.50% during 2024-2032. The rising usage of sustainable agricultural practices that support long-term food production while protecting the environment, along with the inflating popularity of this technique that helps in minimizing waste, is primarily augmenting the market growth across the nation.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Growth Rate (2024-2032) |
9.50% |
Smart agriculture, alternatively referred to as precision agriculture, represents a sophisticated strategy utilizing technology to elevate the effectiveness and output of farming methods. This approach integrates diverse digital instruments like sensors, drones, GPS, and data analytics to precisely monitor and oversee crops, livestock, and land. Through the acquisition of real-time data on variables such as soil moisture, weather patterns, and crop conditions, farmers can make well-informed decisions to optimize practices like irrigation, fertilization, and pest management. The adoption of smart agriculture not only minimizes resource inefficiencies but also enhances both the quantity and quality of crop yields.
United States Smart Agriculture Market Trends:
The United States smart agriculture market is at the forefront of a transformative shift in the agricultural landscape, integrating cutting-edge technology to revolutionize traditional farming practices. Also known as precision agriculture, this market leverages a suite of digital tools, including sensors, drones, GPS technology, and data analytics, to enhance the efficiency and productivity of agricultural operations. Additionally, in the United States, farmers are increasingly adopting smart agriculture solutions that provide real-time monitoring and management of crops, livestock, and land. Moreover, these technologies enable farmers to make data-driven decisions on crucial factors such as soil moisture, weather conditions, and crop health, which is acting as another significant growth-inducing factor. Besides this, the result is a more precise and optimized approach to essential practices like irrigation, fertilization, and pest control, which is positively influencing the regional market. The United States smart agriculture market not only contributes to resource conservation by minimizing wastage but also significantly improves crop yields and quality. Furthermore, with the rising focus on sustainability, precision, and increased output, the smart agriculture market in the United States is poised for continued growth, shaping the future of farming practices in the country in the coming years.
United States Smart Agriculture Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on agriculture type, offering, and farm size.
Agriculture Type Insights:
- Precision Farming
- Livestock Monitoring
- Smart Greenhouse
- Others
The report has provided a detailed breakup and analysis of the market based on the agriculture type. This includes precision farming, livestock monitoring, smart greenhouse, and others.
Offering Insights:
- Hardware
- Software
- Service
A detailed breakup and analysis of the market based on the offering have also been provided in the report. This includes hardware, software, and service.
Farm Size Insights:
The report has provided a detailed breakup and analysis of the market based on the farm size. This includes small, medium, and large.
Regional Insights:
- Northeast
- Midwest
- South
- West
The report has also provided a comprehensive analysis of all the major regional markets, which include the Northeast, Midwest, South, and West.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
United States Smart Agriculture Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
Million US$ |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Agriculture Type
- Offering
- Farm Size
- Region
|
Agriculture Types Covered |
Precision Farming, Livestock Monitoring, Smart Greenhouse, Others |
Offerings Covered |
Hardware, Software, Service |
Farm Sizes Covered |
Small, Medium, Large |
Regions Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support |
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States smart agriculture market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States smart agriculture market?
- What is the breakup of the United States smart agriculture market on the basis of agriculture type?
- What is the breakup of the United States smart agriculture market on the basis of offering?
- What is the breakup of the United States smart agriculture market on the basis of farm size?
- What are the various stages in the value chain of the United States smart agriculture market?
- What are the key driving factors and challenges in the United States smart agriculture?
- What is the structure of the United States smart agriculture market and who are the key players?
- What is the degree of competition in the United States smart agriculture market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States smart agriculture market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the United States smart agriculture market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States smart agriculture industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.