Global Connected Agriculture Market
Global Connected Agriculture Market was valued US$ 1.50 Bn in 2017 expected to reach US$ 3.05 Bn by 2026 at a CAGR of 17.7% during the forecast period. 
Global connected agriculture market is segmented by solution, service, platform, application, and region. In terms of solution, the connected agriculture market is classified into network management, agriculture asset management, SCADA systems for agriculture, logistics and supply chain management, smart water management system, and others. Based on service, the connected agriculture market is categorized into professional services and managed services. On the basis of platform, the connected agriculture market is segregated into device management, application enablement, and connectivity management. In terms of application, the connected agriculture market is classified into Farm Planning and Management and Agricultural Finance. Region wise into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The connected agriculture market helps to provide optimum production with minimal resources by using solution and services. Connected agriculture market also helps to avoid the wastage during warehousing and transportation, by dealing with all phases of connected agriculture system. The connected agriculture system is being widely accepted across the regions and is growing rapidly. High cost and limited availability of arable land is a significant impediment for the deployment and implementation of connected agriculture solution are some of the restraining factors that could affect on the growth of the market. Increasing public-private partnership (PPP) projects in the agriculture sector, rising need for food globally and High investments in rural infrastructure projects are some of the major driving factors expected to propel the market around the world. Another important driver is increase in unpredictability of weather on account of environmental problems such as global warming, deforestation, and increasing carbon footprint. Based on solution, the network management solution is expected to hold the large market size during the forecast period, due to the rising need to collect data from sensors so as to minimize any losses which occurs due to uncertain weather conditions. However, the smart water management systems solution is expected to grow at the highest CAGR during the forecast period as it helps in actively ensuring and monitoring the optimum provision of water to the crops by sensing the moisture and heat conditions of the soil. Furthermore, the system is also able to provide particular amount of water in accordance with type of crop. In terms of services, professional services are expected to hold the large market size during the forecast period, as the professional service providers offer comprehensive services via the latest knowledge, and strategies, tools and techniques, skills, , as per the farm needs. They also offer risk assessment, customized implementation, and assist with deployment and integration via industry-defined best practices. Professional services in connected agriculture practices involve the procedure of consulting for integration of the connected agriculture systems according to it, identifying key implementation areas, and finally providing maintenance and support to the complete connected system. In terms of region, North America is hold the largest market share during the forecast period, due to rapid adoption of technology by farmers in the region and extensive farming activities in the region. North America has been witnessing growing trends such as smart water management system and remote monitoring to utilize water with efficiency and effectively monitor the crop health. APAC is expected to reach at the highest CAGR during the forecast period, as countries in the region are emphasizing heavily on implementation and acceptance connected agriculture practices. Some of the key players are IBM Corporation, PTC, Inc., SAP SE, Trimble Navigation Ltd., Vodafone PLC, and Accenture PLC.