Dublin, Jan. 16, 2017 (GLOBE NEWSWIRE) -- Research and Markets has announced the addition of the "Connected Agriculture Market by Solution, Service, Platform, Application, and Region - Global Forecast to 2021" report to their offering.

The connected agriculture market is expected to grow from USD 1.34 billion in 2016 to USD 3.06 billion by 2021, at a CAGR of 17.9% from 2016 to 2021.

The use of pesticides and chemical fertilizers in farming have led to decreased fertility of soil and reduced production per acre, making it very crucial to take corrective measures in order to keep up with the global demand for the food. In order to be successful, a farm production per acre needs to be increased, for which connected agriculture practices are likely to play a pivotal role.

Network mangement solution is expected to hold the largest market share and is grow significantly by 2021. Network management deals with all the operations related to network which primarily involves various types of remote monitoring deployments, further ensuring the management of its bandwidth. It also involves analysis of the data generated by various remote monitoring devices and ensuring the security of the network in the connected agriculture system. Network management is further classified into remote monitoring, network bandwidth management, analytics, and network & application security.

North America is expected to hold the largest market share during the forecast period. Major connected agriculture providers in this region such as Cisco Systems, Inc., IBM Corp., and PTC, Inc. offer a number of connected agriculture solutions and services.

The APAC market is expected to witness exponential growth and is projected to be the fastest-growing region for the connected agriculture market. The region has a competitive advantage over other regions with countries like China and Japan promoting growth of connected agricultural practices and favorable government norms in the region.

The growing adoption of remote monitoring, network bandwidth management, analytics, and network & application security are also promoting the growing adoption of connected agriculture market in this region.

The connected agriculture ecosystem comprises major vendors such as

• AT&T
• Accenture PLC
• Cisco Systems, Inc.
• IBM Corporation
• Link Labs LLC
• Microsoft Corporation
• Parametric Technology Corporation, Inc.
• SAP SE
• Trimble Navigation Ltd.
• Vodafone Group PLC

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Connected Agriculture Market Analysis, By Component

8 Connected Agriculture Market Analysis, By Solution

9 Connected Agriculture Market Analysis, By Service

10 Connected Agriculture Market Analysis, By Platform

11 Connected Agriculture Market Analysis, By Application

12 Geographic Analysis

13 Competitive Landscape

14 Company Profiles

15 Key Innovators

16 Appendix

For more information about this report visit http://www.researchandmarkets.com/research/2nb7d9/connected

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