Market Share of Connected Agriculture Industry
The connected agriculture market is consolidated owing to the presence of multiple players. The players in the market are adopting strategies like product innovation, mergers, and acquisitions in order to expand their product portfolio and expand their geographic reach and primarily to stay competitive in the market.
In January 2023, through a Knowledge Transfer Partnership (KTP), Aston University collaborated with engineering firm Solargen Technologies (SGT) and the University of Nairobi to develop a smart irrigation system that uses solar and wind energy to provide year-round watering of land and improve crop production in Kenya. SGT is Kenya's largest provider of energy, water, and irrigation solutions and services. They collaborate with non-governmental organizations, governments, and people to provide customized energy, water, and food security solutions to communities in rural and conflict-affected areas of Eastern Africa.
In November 2022, Trimble Agriculture and xFarm Technologies today announced a new collaboration. Trimble, the global player in precision farming technology, can now provide farmers with more valuable and efficient solutions through integration with the xFarm app developed by tech company xFarm Technologies, which uses its digital platform to support and simplify the work of 120,000 farms spread across 1.7 million hectares in over 100 countries.
Connected Agriculture Market Leaders
Cisco Systems Inc.
IBM Corporation
SAP SE
Trimble Navigation Ltd
Microsoft Corporation
*Disclaimer: Major Players sorted in no particular order
