Global Augmented Reality in Agriculture Size, Share, Trends, Demand, Growth and Competitive Analysis
MarkNtel Advisors recently published a detailed industry analysis of the Global Augmented Reality in Agriculture. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Augmented Reality in Agriculture Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030
The Augmented Reality in Agriculture Market is estimated to grow at a CAGR of around 50.2% during the forecast period, i.e., 2024-30.
What are the major Driver the Global Augmented Reality in Agriculture industry?
Rising Global Population to Spur the Adoption of Technological Advancements in Agriculture – The burgeoning population worldwide is increasing the pressure on the global food supply & investments for agricultural advancements to bring the most out of the farming industry. For instance, according to the United Nations, the global population reached approximately 8 billion in 2022, up from 7.8 billion in 2021. This rapid population growth has amplified the demand for agricultural production. Therefore, to suffice this emerging need, farmers are increasingly turning to technology to enhance farming practices, boost yields, and reduce food wastage.
These efforts are crucial for meeting consumer demands & achieving production targets, leading to the usage of this technology in the agriculture industry, further driving the Augmented Reality in Agriculture Market in the ensuing years as well.
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What segments define the Global Augmented Reality in Agriculture from 2024 to 2030? How do these segments contribute to market dynamics and growth?
- By Component
- Hardware
- Head mounted display and Smart glass
- Holographic Displays
- Head up display
- Hand held devices (Smart phones etc.)
- Software
- AR Visualization Software
- AR Content Management System (CMS)
- AR Training Simulator Software
- AR SDK
According to report, The Hardware segment is likely to dominate the Global Augmented Reality in Agriculture Market during the forthcoming years owing to the rapidly increasing demand & applications of AR devices across various industries, especially in the agricultural sector, thereby enhancing the segment growth.
- By End User
- Farming
- Livestock
- Greenhouse
According to report, The Livestock segment is predicted to witness the fastest growth in the forecast years due to the benefits augmented reality (AR) technology offers to livestock farmers.
- By Application
- Visually Monitoring
- Stimulated Training of New Farmers
- Optimizing tool choice
- Buying Livestock
- Herd Management
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Geographical Analysis: Global Augmented Reality in Agriculture
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
Global Augmented Reality in Agriculture Share & Competitive Landscape:
The Augmented Reality in Agriculture Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Augmented Reality in Agriculture are:
- Nedap CowControl
- Vaderstad
- Yeppar
- Amazonen-Werke
- Kuhn
- Fendt
- Claas-Group
- Massey Ferguson
Global Augmented Reality in Agriculture Industry Recent Development
- 2023: Fendt introduced new 30-foot Momentum planter for smaller operations to reach a wider range of farmers.
- 2022: Nedap announced strategic partnership with Semex ai24, enabling dairy farmers to significantly improve their herd performance & profitability.
Questions Addressed in this Study
1.What factors are driving the Global Augmented Reality in Agriculture growth?
2.How is the Global Augmented Reality in Agriculture expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Augmented Reality in Agriculture?
4.What is the current size of the Global Augmented Reality in Agriculture, and how is it projected to change in the future?
6.What is the future outlook for the Global Augmented Reality in Agriculture in terms of technological advancements and market expansion?
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Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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