The global “Connected Agriculture Market” is expected to rise with an impressive CAGR and generate the highest revenue by 2026. Fortune Business Insights™ in its latest report published this information. The report is titled ” Connected Agriculture Market Size, Share and Trends Forecast”. The report discusses research objectives, research scope, methodology, timeline, and challenges during the entire forecast period.
The global connected agriculture market size was valued at USD 1.84 billion in 2018 and is projected to reach USD 7.22 billion by 2026, exhibiting a CAGR of 19.1% during the forecast period. North America is expected to hold the largest share in the connected agriculture market during the forecast period.
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https://www.fortunebusinessinsights.com/connected-agriculture-market-102061
LIST OF KEY COMPANIES COVERED:
- IBM Corporation
- Microsoft
- Cisco Systems Inc.
- Iteris, Inc.
- Trimble Inc.
- Ag Leader Technology
- Decisive Farming
- GAMAYA
- SWIIM System, Ltd.
- Orange Business Services
- LINK LABS.
- Iteris Inc.
Driver: Increasing Rate of Recovery of Financial Losses to Stimulate Connected Agriculture Market Growth
The increase in the rate of recovery of financial losses is anticipated to augment the growth of the Connected Agriculture Market within the estimated period. Connected Agriculture Market helps all organizations and enterprises mitigate losses from a variety of incidents that take place every day, from a data breach involving sensitive customer information to network damage and disruption. Though does not protect any organization against the hack itself, it does offer help before, during, and after an attack. Further, it also helps with the costs associated with remediation, including payment for legal assistance, crisis communicators, investigators, and customer credits or refunds. However, the lack of awareness related to Connected Agriculture Market Moreover, the increasing adoption of artificial intelligence and blockchain technology for risk analytics is further anticipated to support the growth in the years to come.
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