Market Forecast By Component (Solution, Platforms, Services), By Platforms (Device Management, Application Enablement, Connectivity Management), By Application (Pre-Production Planning and Management, In-Production Planning and Management, Post-Production Planning and Management) And Competitive Landscape
Product Code: ETC4411969 | Publication Date: Jul 2023 | Updated Date: May 2024 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 300 | |
The South Africa Connected Agriculture Market report thoroughly covers the market by Platform, by Component, and by application. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The South Africa Connected Agriculture Market has been witnessing growth over the years and will continue its upward trend in the coming years due to several factors with the convergence of digital technologies and traditional farming practices. Connected agriculture refers to the use of advanced technologies and digital tools to enhance various agricultural processes, from crop management and yield improvement to supply chain optimization and resource efficiency.
According to 6Wresearch, the South Africa Connected Agriculture Market size is expected to grow at a significant CAGR of 10.3% during the forecast period 2024-2030. One of the primary drivers for the market is the growing demand for food due to the growing population. Connected agriculture has the potential to improve yields and reduce waste through real-time data collection and analysis. The rise of the Internet of Things (IoT), artificial intelligence (AI), and big data analytics has made it possible for farmers to gather and analyze large amounts of data from their farms. This technology enables them to make data-driven decisions, optimize resource use, and increase efficiency. The South African government initiatives are further driving the market.
Farmers in South Africa are increasingly adopting the Internet of Things (IoT) devices, sensors, and GPS technology to gather real-time data on weather conditions, soil health, and crop performance. This data-driven approach enables more precise farming practices, leading to higher productivity, reduced waste, and better resource management. Moreover, mobile applications and platforms are facilitating seamless communication between farmers, suppliers, and buyers, streamlining the agricultural value chain.Despite the availability of advanced technology, many farmers in South Africa still lack access to it due to high costs, inadequate internet connectivity, and a lack of technical expertise. The implementation of connected agriculture requires specialized knowledge and skills that many small-scale farmers in South Africa may not possess. The collection and sharing of sensitive farm data raises concerns about privacy and security.
Some of the major players in this market include John Deere, CNH Industrial, Trimble, and AGCO Corporation. These companies offer a wide range of connected agriculture solutions such as precision farming, farm management software, and telematics systems to help farmers make informed decisions and optimize their operations. Other notable players in the South Africa connected agriculture market include Trimble Inc., Raven Industries Inc., and Topcon Positioning Systems Inc.
The government initiatives aim to provide farmers with access to technology and information, as well as improve the overall efficiency of agricultural practices. One such initiative is the National Development Plan (NDP) which focuses on promoting innovation and technology in agriculture through investments in research and development. The Department of Agriculture, Land Reform and Rural Development has launched the National Policy on Comprehensive Producer Support which aims to provide support to small-scale farmers through access to technology and training.
The future of the South Africa connected agriculture industry looks promising, with the increasing adoption of technology and digital solutions by farmers. With a growing population and increasing demand for food, there is a need for more efficient and sustainable farming practices. This could be achieved through the adoption of connected solutions by farmers. Moreover, with the rise of smart farming and precision agriculture techniques, there is a growing demand for connected devices and software in the agricultural sector.
According to Ravi Bhandari, Research Head, 6Wresearch, the Service segment dominates the market. Services in the connected agriculture market include consulting, maintenance, and support services provided by companies to help farmers implement and utilise technological solutions effectively. As the market for connected agriculture continues to grow, the demand for such services is also expected to rise.
The report offers a comprehensive study of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 South Africa Connected Agriculture Market Overview |
3.1 South Africa Country Macro Economic Indicators |
3.2 South Africa Connected Agriculture Market Revenues & Volume, 2020 & 2030F |
3.3 South Africa Connected Agriculture Market - Industry Life Cycle |
3.4 South Africa Connected Agriculture Market - Porter's Five Forces |
3.5 South Africa Connected Agriculture Market Revenues & Volume Share, By Component , 2020 & 2030F |
3.6 South Africa Connected Agriculture Market Revenues & Volume Share, By Platforms, 2020 & 2030F |
3.7 South Africa Connected Agriculture Market Revenues & Volume Share, By Application , 2020 & 2030F |
4 South Africa Connected Agriculture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 South Africa Connected Agriculture Market Trends |
6 South Africa Connected Agriculture Market, By Types |
6.1 South Africa Connected Agriculture Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 South Africa Connected Agriculture Market Revenues & Volume, By Component , 2020 - 2030F |
6.1.3 South Africa Connected Agriculture Market Revenues & Volume, By Solution, 2020 - 2030F |
6.1.4 South Africa Connected Agriculture Market Revenues & Volume, By Platforms, 2020 - 2030F |
6.1.5 South Africa Connected Agriculture Market Revenues & Volume, By Services, 2020 - 2030F |
6.2 South Africa Connected Agriculture Market, By Platforms |
6.2.1 Overview and Analysis |
6.2.2 South Africa Connected Agriculture Market Revenues & Volume, By Device Management, 2020 - 2030F |
6.2.3 South Africa Connected Agriculture Market Revenues & Volume, By Application Enablement, 2020 - 2030F |
6.2.4 South Africa Connected Agriculture Market Revenues & Volume, By Connectivity Management, 2020 - 2030F |
6.3 South Africa Connected Agriculture Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 South Africa Connected Agriculture Market Revenues & Volume, By Pre-Production Planning and Management, 2020 - 2030F |
6.3.3 South Africa Connected Agriculture Market Revenues & Volume, By In-Production Planning and Management, 2020 - 2030F |
6.3.4 South Africa Connected Agriculture Market Revenues & Volume, By Post-Production Planning and Management, 2020 - 2030F |
7 South Africa Connected Agriculture Market Import-Export Trade Statistics |
7.1 South Africa Connected Agriculture Market Export to Major Countries |
7.2 South Africa Connected Agriculture Market Imports from Major Countries |
8 South Africa Connected Agriculture Market Key Performance Indicators |
9 South Africa Connected Agriculture Market - Opportunity Assessment |
9.1 South Africa Connected Agriculture Market Opportunity Assessment, By Component , 2020 & 2030F |
9.2 South Africa Connected Agriculture Market Opportunity Assessment, By Platforms, 2020 & 2030F |
9.3 South Africa Connected Agriculture Market Opportunity Assessment, By Application , 2020 & 2030F |
10 South Africa Connected Agriculture Market - Competitive Landscape |
10.1 South Africa Connected Agriculture Market Revenue Share, By Companies, 2023 |
10.2 South Africa Connected Agriculture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |