Europe IoT in Agriculture Market Size study, by System by Farm Type, by Application and Country Forecasts 2022-2032

Description

List of Tables

Europe IoT in Agriculture Market is valued approximately USD 6.76 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 12.02% over the forecast period 2024-2032. The IoT in Agriculture helps in providing application of IoT technologies in agricultural practices. IoT in Agriculture involves the use of connected devices, sensors, and data analytics to improve various aspects of farming operations such as crop monitoring, livestock management, irrigation control, and supply chain management. In Europe IoT in Agriculture Market, IoT technologies enable farmers and agricultural businesses to collect real-time data on environmental conditions, crop health, soil moisture levels, and equipment performance. This data is then analyzed to optimize agricultural processes, increase productivity, reduce resource usage, and make more informed decisions. Trends such as integration of artificial intelligence (AI) and machine learning algorithms with IoT systems are enhancing the predictive and prescriptive capabilities of agricultural technologies. These technologies analyze large volumes of data collected from IoT sensors to provide actionable insights, such as personalized crop management recommendations and early detection of pest outbreaks or crop diseases.

The accelerating shift to robotics and automation is a driving force behind the increasing demand for the Europe IoT in Agriculture Market. As labor costs rise and the availability of skilled agricultural workers becomes more limited, farmers are turning to robotics and automation to streamline operations, improve efficiency, and maintain competitiveness. For instance, in May 2022, European Commission announced its new project, Robs4Crops, that purposes to benefit farmers fill labor scarcities using farming controllers and smart tools to fully autonomous farming systems. Furthermore, IoT technologies play a critical role in enabling the integration and coordination of robotic systems across the agricultural value chain. Through the deployment of IoT sensors, actuators, and connected devices, farmers can monitor and control robotic equipment remotely, optimizing tasks such as planting, harvesting, and livestock management. Thus, the Europe IoT in Agriculture Market is poised for significant growth as the adoption of robotics and automation continues to expand across the agricultural sector. However, scarcity of skilled labor and a high initial investment can stifle market growth between 2022 and 2032.

The key countries considered for the Europe IoT in Agriculture market study includes UK, Germany, France, Italy, Spain, and Rest of Europe. In 2023, Germany was the dominating market. Germany is known for its strong technological infrastructure and innovative capabilities. The country's expertise in engineering and manufacturing enables the development and adoption of cutting-edge IoT solutions tailored to the agricultural sector. This includes precision farming technologies, smart sensors, and automation systems designed to optimize farming operations and enhance productivity. In Germany, IoT technologies enable farmers to implement precision farming practices, monitor resource usage, and reduce environmental impact. For instance, in February 2022, Vodafone Business announced that 5 European farms in Germany, Ireland, Italy and Spain piloting a new MyFarmWeb service that can accelerate the digitization of farming by supporting farmers with a mobile app linked to agricultural IoT sensors across Europe. The market in UK, on the other hand, is expected to develop at the fastest rate over the forecast period 2024-2032.

Major market player included in this report are:

Agro Aim Hungaria Kft
365FarmNet GmbH
Care4Agro B.V.
Company 4
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10

The detailed segments and sub-segment of the market are explained below:

By System

Automation and control systems
Sensing and monitoring devices
Livestock monitoring Hardware
Fish farming hardware
Smart greenhouse hardware
Software

By Farm Type

Large
Mid Size
Small Farms

By Application

Precision farming
Livestock monitoring
Smart greenhouse
Fish farm monitoring

By Region:

Europe
UK
Germany
France
Spain
Italy
ROE

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and Country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Europe IOT in Agriculture Market Definition and Research Assumptions

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
- 1.3.1. Inclusion & Exclusion
- 1.3.2. Limitations
- 1.3.3. Supply Side Analysis
  - 1.3.3.1. Availability
  - 1.3.3.2. Infrastructure
  - 1.3.3.3. Regulatory Environment
  - 1.3.3.4. Market Competition
  - 1.3.3.5. Economic Viability (Consumer's Perspective)
- 1.3.4. Demand Side Analysis
  - 1.3.4.1. Regulatory frameworks
  - 1.3.4.2. Technological Advancements
  - 1.3.4.3. Environmental Considerations
  - 1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

Chapter 2. Executive Summary

2.1. Europe IOT in Agriculture Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
- 2.3.1. By System
- 2.3.2. By Farm Type
- 2.3.3. By Application
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

Chapter 3. Europe IOT in Agriculture Market Dynamics

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

Chapter 4. Europe IOT in Agriculture Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Europe IOT in Agriculture Market Size & Forecasts by System 2022-2032

5.1. Automation and control systems
5.2. Sensing and monitoring devices
5.3. Livestock monitoring Hardware
5.4. Fish farming hardware
5.5. Smart greenhouse hardware
5.6. Software

Chapter 6. Europe IOT in Agriculture Market Size & Forecasts by Farm Type 2022-2032

6.1. Large
6.2. Mid Size
6.3. Small Farms

Chapter 7. Europe IOT in Agriculture Market Size & Forecasts by Application 2022-2032

7.1. Precision farming
7.2. Livestock monitoring
7.3. Smart greenhouse
7.4. Fish farm monitoring

Chapter 8. Europe IOT in Agriculture Market Size & Forecasts by Country 2022-2032

8.1. U.K. IOT in Agriculture Market
- 8.1.1. System breakdown size & forecasts, 2022-2032
- 8.1.2. Farm Type breakdown size & forecasts, 2022-2032
- 8.1.3. Application breakdown size & forecasts, 2022-2032
8.2. Germany IOT in Agriculture Market
8.3. France IOT in Agriculture Market
8.4. Spain IOT in Agriculture Market
8.5. Italy IOT in Agriculture Market
8.6. Rest of Europe IOT in Agriculture Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Agro Aim Hungaria Kft
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. 365FarmNet GmbH
- 9.3.3. Care4Agro B.V.
- 9.3.10. Company 10.

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes

LIST OF TABLES

TABLE 1. Europe IOT in Agriculture market, report scope
TABLE 2. Europe IOT in Agriculture market estimates & forecasts by Country 2022-2032 (USD Billion)
TABLE 3. Europe IOT in Agriculture market estimates & forecasts by System 2022-2032 (USD Billion)
TABLE 4. Europe IOT in Agriculture market estimates & forecasts by Farm Type 2022-2032 (USD Billion)
TABLE 5. Europe IOT in Agriculture market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 6. Europe IOT in Agriculture market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Europe IOT in Agriculture market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Europe IOT in Agriculture market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Europe IOT in Agriculture market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Europe IOT in Agriculture market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Europe IOT in Agriculture market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Europe IOT in Agriculture market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Europe IOT in Agriculture market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Europe IOT in Agriculture market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. UK IOT in Agriculture market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. UK IOT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 17. UK IOT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. Germany IOT in Agriculture market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 19. Germany IOT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 20. Germany IOT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. France IOT in Agriculture market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 22. France IOT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 23. France IOT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. Italy IOT in Agriculture market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 25. Italy IOT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 26. Italy IOT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. Spain IOT in Agriculture market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 28. Spain IOT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 29. Spain IOT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. RoE IOT in Agriculture market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 31. RoE IOT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 32. RoE IOT in Agriculture market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 33. List of secondary sources, used in the study of Europe IOT in Agriculture Market.
TABLE 34. List of primary sources, used in the study of Europe IOT in Agriculture Market.
TABLE 35. Years considered for the study.
TABLE 36. Exchange rates considered.

LIST OF FIGURES

FIG 1. Europe IOT in Agriculture market, research methodology
FIG 2. Europe IOT in Agriculture market, market estimation techniques
FIG 3. Europe market size estimates & forecast methods.
FIG 4. Europe IOT in Agriculture market, key trends 2023
FIG 5. Europe IOT in Agriculture market, growth prospects 2022-2032
FIG 6. Europe IOT in Agriculture market, porters 5 force model
FIG 7. Europe IOT in Agriculture market, pestel analysis
FIG 8. Europe IOT in Agriculture market, value chain analysis
FIG 9. Europe IOT in Agriculture market by segment, 2022 & 2032 (USD Billion)
FIG 10. Europe IOT in Agriculture market by segment, 2022 & 2032 (USD Billion)
FIG 11. Europe IOT in Agriculture market by segment, 2022 & 2032 (USD Billion)
FIG 12. Europe IOT in Agriculture market by segment, 2022 & 2032 (USD Billion)
FIG 13. Europe IOT in Agriculture market by segment, 2022 & 2032 (USD Billion)
FIG 14. Europe IOT in Agriculture market, Country snapshot 2022 & 2032
FIG 15. Europe IOT in Agriculture market 2022 & 2032 (USD Billion)
FIG 16. Europe IOT in Agriculture market, company market share analysis (2023)