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Dublin, Nov. 15, 2022 (GLOBE NEWSWIRE) -- The "Augmented Reality successful Agriculture Market - A Global and Regional Analysis: Focus connected Product, Application, Supply Chain Analysis, and Country Analysis - Analysis and Forecast, 2022-2027" study has been added to ResearchAndMarkets.com's offering.
The planetary augmented world successful agriculture marketplace was valued astatine $0.84 cardinal successful 2021 and is projected to scope $4.89 cardinal by 2027, increasing astatine a CAGR of 34.49% during the forecast play 2022-2027. The marketplace is chiefly successful its emerging stage, and it is expected to beryllium driven by the expanding request for food, expanding population, inclination of digitalization successful the manufacture (Industry 4.0) and agriculture (Agriculture 4.0), request for simulated training, and precise tract monitoring.
Market Lifecycle Stage
The augmented world successful agriculture marketplace is inactive successful the aboriginal stages. The exertion is yet to beryllium decently explored for applications successful agriculture. It finds its wide exertion successful different industries, specified arsenic gaming, entertainment, healthcare, retail, and manufacturing.
Impact
With an accrued worldwide absorption connected achieving digitization, industrialization, and sustainability, the displacement to astute farming tools provides opportunities for companies to put successful technologically precocious tools.
Currently, the displacement to digitization is much salient successful precision agriculture, astute farming, artificial intelligence, the Internet of Things (IoT), and large information analytics, among others. The marketplace is dominating successful regions specified arsenic North America and Europe. This is attributed to the technological advancements and developments successful instrumentality to heighten farming operations on with wider adaptability and method cognition among the farmers.
Market Segmentation
Segmentation 1: by Application
- Indoor Farming
- Outdoor Farming
Segmentation 2: by Solution
- Hardware
- Software
- Service
Segmentation 3: by Region
- North America - U.S., Canada, and Mexico
- Europe - Germany, France, Netherlands, Italy, and Rest-of-Europe
- U.K.
- Asia-Pacific - Japan, India, Australia and New Zealand, and Rest-of-Asia-Pacific
- China
- Rest-of-the-World - South America and Middle East and Africa
Demand - Drivers and Limitations
Following are the request drivers for the augmented world successful agriculture market:
- Digitization Powering the Next Green Revolution - Agriculture 4.0
- AR arsenic a Tool for Field Monitoring
- Increased Demand for Spatial Computing Applications
Following are the challenges for the augmented world successful agriculture market:
- Lack of Awareness
- Limited R&D and Lack of Use-Cases of Agricultural Applications
Key Market Players
Company Type 1: Livestock Monitoring-Based Companies
- Nedap Livestock Management
Company Type 2: Simulated Training-Based Companies
- AMAZONEN-WERKE H. DREYER SE & Co. KG
- CLAAS KGaA GmbH
- EON Reality
- Vaderstad Group
Company Type 3: Outdoor Crop Farming-Based Companies
- Augmenta
- Grow Glide, LLC
- Plant Vision
- Visual Logic, LLC
- Anarky labs
Company Type 4: Integrated Application-Based Companies
- Rams Creative Technologies Pvt. Ltd.
- Program-Ace
- Think Digital
1 Markets
2 Application
3 Products
4 Region
5 Markets - Competitive Benchmarking & Company Profiles
6 Research Methodology
For much accusation astir this study sojourn https://www.researchandmarkets.com/r/mkil87
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