Covid 19 Impact On Digital Agriculture Market
PUBLISHED: 2020 ID: SMRC19930
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Covid 19 Impact On Digital Agriculture Market

COVID-19 Impact on Digital Agriculture - Global Market Outlook (2019-2027)

4.5 (46 reviews)
4.5 (46 reviews)
Published: 2020 ID: SMRC19930

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global COVID-19 Impact on Digital Agriculture Market is accounted for $5.06 billion in 2019 and is expected to reach $12.43 billion by 2027 growing at a CAGR of 11.9% during the forecast period. Increase in agricultural production by helping farmers in making informed decisions, growth in consumption of animal-based products, and a rise in demand for higher production of animal feed are some of the factors propelling the growth of the market. However, lack of proper standardization practices and technological awareness among farmers are hampering the growth of the market.
 

COVID-19 Impact on Digital Agriculture - Global Market Outlook (2019-2027)


Modern agriculture/farming is highly technical, and the growing digitization and technological advancement are further transforming the farming industry. Labour shortages and supply chain disruptions are expected to raise the need for digital agriculture, globally.

Based on the smart farming system, the field mapping segment is anticipated to hold considerable market share during the forecast period as it is the most chosen and adopted way of technology nowadays and also allows the farmers and growers to monitor the whole farm area through satellite imaging and regulate the processes accordingly. By geography, Asia Pacific is expected to grow at a significant market share during the forecast period as the most populated countries such as China and India are the most affected countries during the pandemic and the government policies supporting the digitization of farm processes and the need for efficient usage of natural resources, along with decreasing availability of migrant labourers.

Some of the key players profiled in the COVID-19 Impact on Digital Agriculture Market include DTN, global digital printing market size Taranis, Farmers Edge, Eurofins, Agriwebb, Climate Corporation, Microsoft, Monsanto, Digital Agriculture Services Pty Ltd, IBM, Farmers Edge, SAP, FarmCrowdy, Eka, Bayer, Cargill, Yara International, BASF, Delta & Pine Land, and Sunkist Growers, Incorporated.

Smart Farming Systems Covered:
• Yield Monitoring
• Real-Time Safety Testing
• Climate Smart
• Field Mapping
• Crop Scouting
• Livestock Monitoring

Types Covered:
• Management Software
• Farming Equipment

Applications Covered:
• Farm
• Greenhouse

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary          
            
2 Preface       
    
 2.1 Abstract           
 2.2 Stake Holders         
 2.3 Research Scope         
 2.4 Research Methodology        
  2.4.1 Data Mining        
  2.4.2 Data Analysis        
  2.4.3 Data Validation        
  2.4.4 Research Approach        
 2.5 Research Sources          
  2.5.1 Primary Research Sources       
  2.5.2 Secondary Research Sources       
  2.5.3 Assumptions        
            
3 Market Trend Analysis         
 3.1 Introduction         
 3.2 Drivers          
 3.3 Restraints         
 3.4 Opportunities         
 3.5 Threats          
 3.6 Application Analysis        
 3.7 Emerging Markets         
 3.8 Impact of Covid-19         
            
4 Porters Five Force Analysis         
 4.1 Bargaining power of suppliers        
 4.2 Bargaining power of buyers        
 4.3 Threat of substitutes        
 4.4 Threat of new entrants        
 4.5 Competitive rivalry         
            
5 Global COVID-19 Impact on Digital Agriculture Market, By Smart Farming System    
 5.1 Introduction          
 5.2 Yield Monitoring         
 5.3 Real-Time Safety Testing        
 5.4 Climate Smart         
 5.5 Field Mapping         
 5.6 Crop Scouting         
 5.7 Livestock Monitoring        
            
6 Global COVID-19 Impact on Digital Agriculture Market, By Type     
 6.1 Introduction         
 6.2 Management Software        
 6.3 Farming Equipment         
            
7 Global COVID-19 Impact on Digital Agriculture Market, By Application     
 7.1 Introduction         
 7.2 Farm           
 7.3 Greenhouse         
            
8 Global COVID-19 Impact on Digital Agriculture Market, By Geography     
 8.1 Introduction         
 8.2 North America         
  8.2.1 US         
  8.2.2 Canada         
  8.2.3 Mexico         
 8.3 Europe          
  8.3.1 Germany         
  8.3.2 UK         
  8.3.3 Italy         
  8.3.4 France         
  8.3.5 Spain         
  8.3.6 Rest of Europe        
 8.4 Asia Pacific         
  8.4.1 Japan         
  8.4.2 China         
  8.4.3 India          
  8.4.4 Australia         
  8.4.5 New Zealand        
  8.4.6 South Korea        
  8.4.7 Rest of Asia Pacific        
 8.5 South America         
  8.5.1 Argentina        
  8.5.2 Brazil         
  8.5.3 Chile         
  8.5.4 Rest of South America       
 8.6 Middle East & Africa        
  8.8.1 Saudi Arabia        
  8.8.2 UAE         
  8.8.3 Qatar         
  8.8.4 South Africa        
  8.8.5 Rest of Middle East & Africa       
            
9 Key Developments          
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures     
 9.2 Acquisitions & Mergers        
 9.3 New Product Launch        
 9.4 Expansions         
 9.5 Other Key Strategies        
            
10 Company Profiling          
 10.1 DTN           
 10.2 Taranis          
 10.3 Farmers Edge         
 10.4 Eurofins          
 10.5 Agriwebb         
 10.6 Climate Corporation        
 10.7 Microsoft          
 10.8 Monsanto         
 10.9 Digital Agriculture Services Pty Ltd       
 10.10 IBM          
 10.11 Farmers Edge         
 10.12 SAP          
 10.13 FarmCrowdy         
 10.14 Eka          
 10.15 Bayer          
 10.16 Cargill          
 10.17 Yara International         
 10.18 BASF          
 10.19 Delta & Pine Land          
 10.20 Sunkist Growers, Incorporated        


List of Tables           
1 Global COVID-19 Impact on Digital Agriculture Market Outlook, By Region (2018-2027) ($MN)   
2 Global COVID-19 Impact on Digital Agriculture Market Outlook, By Smart Farming System (2018-2027) ($MN) 
3 Global COVID-19 Impact on Digital Agriculture Market Outlook, By Yield Monitoring (2018-2027) ($MN)  
4 Global COVID-19 Impact on Digital Agriculture Market Outlook, By Real-Time Safety Testing (2018-2027) ($MN)  
5 Global COVID-19 Impact on Digital Agriculture Market Outlook, By Climate Smart (2018-2027) ($MN)  
6 Global COVID-19 Impact on Digital Agriculture Market Outlook, By Field Mapping (2018-2027) ($MN)  
7 Global COVID-19 Impact on Digital Agriculture Market Outlook, By Crop Scouting (2018-2027) ($MN)  
8 Global COVID-19 Impact on Digital Agriculture Market Outlook, By Livestock Monitoring (2018-2027) ($MN) 
9 Global COVID-19 Impact on Digital Agriculture Market Outlook, By Type (2018-2027) ($MN)   
10 Global COVID-19 Impact on Digital Agriculture Market Outlook, By Management Software (2018-2027) ($MN) 
11 Global COVID-19 Impact on Digital Agriculture Market Outlook, By Farming Equipment (2018-2027) ($MN) 
12 Global COVID-19 Impact on Digital Agriculture Market Outlook, By Application (2018-2027) ($MN)  
13 Global COVID-19 Impact on Digital Agriculture Market Outlook, By Farm (2018-2027) ($MN)   
14 Global COVID-19 Impact on Digital Agriculture Market Outlook, By Greenhouse (2018-2027) ($MN)  
15 North America COVID-19 Impact on Digital Agriculture Market Outlook, By Country (2018-2027) ($MN)  
16 North America COVID-19 Impact on Digital Agriculture Market Outlook, By Smart Farming System (2018-2027) ($MN)
17 North America COVID-19 Impact on Digital Agriculture Market Outlook, By Yield Monitoring (2018-2027) ($MN) 
18 North America COVID-19 Impact on Digital Agriculture Market Outlook, By Real-Time Safety Testing (2018-2027) ($MN)
19 North America COVID-19 Impact on Digital Agriculture Market Outlook, By Climate Smart (2018-2027) ($MN) 
20 North America COVID-19 Impact on Digital Agriculture Market Outlook, By Field Mapping (2018-2027) ($MN) 
21 North America COVID-19 Impact on Digital Agriculture Market Outlook, By Crop Scouting (2018-2027) ($MN) 
22 North America COVID-19 Impact on Digital Agriculture Market Outlook, By Livestock Monitoring (2018-2027) ($MN)
23 North America COVID-19 Impact on Digital Agriculture Market Outlook, By Type (2018-2027) ($MN)  
24 North America COVID-19 Impact on Digital Agriculture Market Outlook, By Management Software (2018-2027) ($MN)
25 North America COVID-19 Impact on Digital Agriculture Market Outlook, By Farming Equipment (2018-2027) ($MN) 
26 North America COVID-19 Impact on Digital Agriculture Market Outlook, By Application (2018-2027) ($MN) 
27 North America COVID-19 Impact on Digital Agriculture Market Outlook, By Farm (2018-2027) ($MN)  
28 North America COVID-19 Impact on Digital Agriculture Market Outlook, By Greenhouse (2018-2027) ($MN) 
29 Europe COVID-19 Impact on Digital Agriculture Market Outlook, By Country (2018-2027) ($MN)  
30 Europe COVID-19 Impact on Digital Agriculture Market Outlook, By Smart Farming System (2018-2027) ($MN) 
31 Europe COVID-19 Impact on Digital Agriculture Market Outlook, By Yield Monitoring (2018-2027) ($MN)  
32 Europe COVID-19 Impact on Digital Agriculture Market Outlook, By Real-Time Safety Testing (2018-2027) ($MN) 
33 Europe COVID-19 Impact on Digital Agriculture Market Outlook, By Climate Smart (2018-2027) ($MN)  
34 Europe COVID-19 Impact on Digital Agriculture Market Outlook, By Field Mapping (2018-2027) ($MN)  
35 Europe COVID-19 Impact on Digital Agriculture Market Outlook, By Crop Scouting (2018-2027) ($MN)  
36 Europe COVID-19 Impact on Digital Agriculture Market Outlook, By Livestock Monitoring (2018-2027) ($MN) 
37 Europe COVID-19 Impact on Digital Agriculture Market Outlook, By Type (2018-2027) ($MN)   
38 Europe COVID-19 Impact on Digital Agriculture Market Outlook, By Management Software (2018-2027) ($MN) 
39 Europe COVID-19 Impact on Digital Agriculture Market Outlook, By Farming Equipment (2018-2027) ($MN) 
40 Europe COVID-19 Impact on Digital Agriculture Market Outlook, By Application (2018-2027) ($MN)  
41 Europe COVID-19 Impact on Digital Agriculture Market Outlook, By Farm (2018-2027) ($MN)   
42 Europe COVID-19 Impact on Digital Agriculture Market Outlook, By Greenhouse (2018-2027) ($MN)  
43 Asia Pacific COVID-19 Impact on Digital Agriculture Market Outlook, By Country (2018-2027) ($MN)  
44 Asia Pacific COVID-19 Impact on Digital Agriculture Market Outlook, By Smart Farming System (2018-2027) ($MN) 
45 Asia Pacific COVID-19 Impact on Digital Agriculture Market Outlook, By Yield Monitoring (2018-2027) ($MN) 
46 Asia Pacific COVID-19 Impact on Digital Agriculture Market Outlook, By Real-Time Safety Testing (2018-2027) ($MN)
47 Asia Pacific COVID-19 Impact on Digital Agriculture Market Outlook, By Climate Smart (2018-2027) ($MN) 
48 Asia Pacific COVID-19 Impact on Digital Agriculture Market Outlook, By Field Mapping (2018-2027) ($MN) 
49 Asia Pacific COVID-19 Impact on Digital Agriculture Market Outlook, By Crop Scouting (2018-2027) ($MN) 
50 Asia Pacific COVID-19 Impact on Digital Agriculture Market Outlook, By Livestock Monitoring (2018-2027) ($MN) 
51 Asia Pacific COVID-19 Impact on Digital Agriculture Market Outlook, By Type (2018-2027) ($MN)  
52 Asia Pacific COVID-19 Impact on Digital Agriculture Market Outlook, By Management Software (2018-2027) ($MN) 
53 Asia Pacific COVID-19 Impact on Digital Agriculture Market Outlook, By Farming Equipment (2018-2027) ($MN) 
54 Asia Pacific COVID-19 Impact on Digital Agriculture Market Outlook, By Application (2018-2027) ($MN)  
55 Asia Pacific COVID-19 Impact on Digital Agriculture Market Outlook, By Farm (2018-2027) ($MN)  
56 Asia Pacific COVID-19 Impact on Digital Agriculture Market Outlook, By Greenhouse (2018-2027) ($MN)  
57 South America COVID-19 Impact on Digital Agriculture Market Outlook, By Country (2018-2027) ($MN)  
58 South America COVID-19 Impact on Digital Agriculture Market Outlook, By Smart Farming System (2018-2027) ($MN)
59 South America COVID-19 Impact on Digital Agriculture Market Outlook, By Yield Monitoring (2018-2027) ($MN) 
60 South America COVID-19 Impact on Digital Agriculture Market Outlook, By Real-Time Safety Testing (2018-2027) ($MN)
61 South America COVID-19 Impact on Digital Agriculture Market Outlook, By Climate Smart (2018-2027) ($MN) 
62 South America COVID-19 Impact on Digital Agriculture Market Outlook, By Field Mapping (2018-2027) ($MN) 
63 South America COVID-19 Impact on Digital Agriculture Market Outlook, By Crop Scouting (2018-2027) ($MN) 
64 South America COVID-19 Impact on Digital Agriculture Market Outlook, By Livestock Monitoring (2018-2027) ($MN)
65 South America COVID-19 Impact on Digital Agriculture Market Outlook, By Type (2018-2027) ($MN)  
66 South America COVID-19 Impact on Digital Agriculture Market Outlook, By Management Software (2018-2027) ($MN)
67 South America COVID-19 Impact on Digital Agriculture Market Outlook, By Farming Equipment (2018-2027) ($MN) 
68 South America COVID-19 Impact on Digital Agriculture Market Outlook, By Application (2018-2027) ($MN) 
69 South America COVID-19 Impact on Digital Agriculture Market Outlook, By Farm (2018-2027) ($MN)  
70 South America COVID-19 Impact on Digital Agriculture Market Outlook, By Greenhouse (2018-2027) ($MN) 
71 Middle East & Africa COVID-19 Impact on Digital Agriculture Market Outlook, By Country (2018-2027) ($MN) 
72 Middle East & Africa COVID-19 Impact on Digital Agriculture Market Outlook, By Smart Farming System (2018-2027) ($MN)
73 Middle East & Africa COVID-19 Impact on Digital Agriculture Market Outlook, By Yield Monitoring (2018-2027) ($MN)
74 Middle East & Africa COVID-19 Impact on Digital Agriculture Market Outlook, By Real-Time Safety Testing (2018-2027) ($MN)
75 Middle East & Africa COVID-19 Impact on Digital Agriculture Market Outlook, By Climate Smart (2018-2027) ($MN) 
76 Middle East & Africa COVID-19 Impact on Digital Agriculture Market Outlook, By Field Mapping (2018-2027) ($MN) 
77 Middle East & Africa COVID-19 Impact on Digital Agriculture Market Outlook, By Crop Scouting (2018-2027) ($MN) 
78 Middle East & Africa COVID-19 Impact on Digital Agriculture Market Outlook, By Livestock Monitoring (2018-2027) ($MN)
79 Middle East & Africa COVID-19 Impact on Digital Agriculture Market Outlook, By Type (2018-2027) ($MN) 
80 Middle East & Africa COVID-19 Impact on Digital Agriculture Market Outlook, By Management Software (2018-2027) ($MN)
81 Middle East & Africa COVID-19 Impact on Digital Agriculture Market Outlook, By Farming Equipment (2018-2027) ($MN)
82 Middle East & Africa COVID-19 Impact on Digital Agriculture Market Outlook, By Application (2018-2027) ($MN) 
83 Middle East & Africa COVID-19 Impact on Digital Agriculture Market Outlook, By Farm (2018-2027) ($MN) 
84 Middle East & Africa COVID-19 Impact on Digital Agriculture Market Outlook, By Greenhouse (2018-2027) ($MN) 
            

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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