#Blockchain in Agriculture and Food Regional Analysis

[maryyclark]

Blockchain in Agriculture and Food Research Current as Well as the Future Challenges

Leading Forces in the Blockchain in Agriculture and Food Market: Forecasts and Key Player Insights Through 2032

This Global Blockchain in Agriculture and Food research report offers a comprehensive overview of the market, combining both qualitative and quantitative analyses. The qualitative analysis explores market dynamics such as growth drivers, challenges, and constraints, providing deep insights into the market's present and future potential. Meanwhile, the quantitative analysis presents historical and forecast data for key market segments, offering detailed statistical insights.

According to Straits Research, the global Blockchain in Agriculture and Food market size was valued at USD XX Billion in 2023. It is projected to reach from USD XX Billion in 2024 to USD XX Billion by 2032, growing at a CAGR of 47% during the forecast period (2024–2032).

Who are the leading companies (Marketing heads, regional heads) in the Blockchain in Agriculture and Food 

AgriChain Pty Ltd.

Ambrosus

arc-net

Bext 360

Coin 22

Filament

FoodCoin Ecosystem

Full Profile Pty Ltd

IBM Corporation

Obook Holdings Inc. (OwlTing)

OriginTrail

Project Provenance Ltd.

Ripe Technology Inc.

Microsoft Corporation

SAP SE

TE-Food International GmbH.

We offer revenue share insights for the Blockchain in Agriculture and Food Market, covering both publicly listed and privately held companies.

The report integrates comprehensive quantitative and qualitative analyses, offering a complete overview of the Blockchain in Agriculture and Food. It spans from a macro-level examination of overall market size, industry chain, and market dynamics, to detailed micro-level insights into segment markets by type, application, and region. This approach provides a holistic view and deep understanding of the market, covering all critical aspects. Regarding the competitive landscape, the report highlights industry players, including market share, concentration ratios, and detailed profiles of leading companies. This enables readers to better understand their competitors and gain deeper insights into the competitive environment. Additionally, the report addresses key factors such as mergers and acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts. In summary, this report is essential reading for industry players, investors, researchers, consultants, business strategists, and anyone with a stake or interest in entering the market.

Get Free Request Sample Report @ https://straitsresearch.com/report/blockchain-in-agriculture-and-food-market/request-sample

The report integrates comprehensive quantitative and qualitative analyses, offering a complete overview of the Blockchain in Agriculture and Food markets. It spans from a macro-level examination of overall market size, industry chain, and market dynamics, to detailed micro-level insights into segment markets by type, application, and region. This approach provides a holistic view and deep understanding of the market, covering all critical aspects. Regarding the competitive landscape, the report highlights industry players, including market share, concentration ratios, and detailed profiles of leading companies. This enables readers to better understand their competitors and gain deeper insights into the competitive environment. Additionally, the report addresses key factors such as mergers and acquisitions, emerging market trends, the impact of COVID-19, and regional conflicts. In summary, this report is essential reading for industry players, investors, researchers, consultants, business strategists, and anyone with a stake or interest in entering the market.

Global Blockchain in Agriculture and Food Market: Segmentation

Based On Organization Size

Large enterprises

Small and medium-sized enterprises

Based On Type

Public

Private

Hybrid/Consortium

Based On Providers

Application and solution providers

Infrastructure providers

Middleware providers

Based On Stakeholders

Growers

Retailers

Food manufacturers/processors

Based On the Application

Product traceability, tracking, and visibility

Smart contract

Governance, risk, and compliance management

Payment and settlement

Explore detailed Segmentation from here: @ https://straitsresearch.com/report/blockchain-in-agriculture-and-food-market/segmentation

The report forecasts revenue growth at all geographic levels and provides an in-depth analysis of the latest industry trends and development patterns from 2022 to 2030 in each of the segments and sub-segments. Some of the major geographies included in the market are given below:

North America (U.S., Canada)

Europe (U.K., Germany, France, Italy)

Asia Pacific (China, India, Japan, Singapore, Malaysia)

Latin America (Brazil, Mexico)

Middle East & Africa

This Report is available for purchase on Buy Blockchain in Agriculture and Food Market Report

Key Highlights

To explain Blockchain in Agriculture and Food the following: introduction, product type and application, market overview, market analysis by countries, market opportunities, market risk, and market driving forces

The purpose of this study is to examine the manufacturers of Blockchain in Agriculture and Food, including profile, primary business, news, sales and price, revenue, and market share.

To provide an overview of the competitive landscape among the leading manufacturers in the world, including sales, revenue, and market share of Blockchain in Agriculture and Food percent

To illustrate the market subdivided by kind and application, complete with sales, price, revenue, market share, and growth rate broken down by type and application

To conduct an analysis of the main regions by manufacturers, categories, and applications, covering regions such as North America, Europe, Asia Pacific, the Middle East, and South America, with sales, revenue, and market share segmented by manufacturers, types, and applications.

To investigate the production costs, essential raw materials, production method, etc.

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[jayanthitbrc]

Precision Aquaculture Market Size & Demand: 2024 Global Outlook

The precision aquaculture global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.

Precision Aquaculture Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.

Market Size - The precision aquaculture market size has grown rapidly in recent years. It will grow from $0.47 billion in 2023 to $0.53 billion in 2024 at a compound annual growth rate (CAGR) of 13.2%. The growth in the historic period can be attributed to growing demand for seafood, rising awareness of the environmental impact, government support and regulations, rising operational costs, and improvements in fish health management.

The precision aquaculture market size is expected to see rapid growth in the next few years. It will grow to $0.87 billion in 2028 at a compound annual growth rate (CAGR) of 13.3%. The growth in the forecast period can be attributed to increasing focus on food safety and quality, rising investments in aquaculture innovations, expansion of aquaculture operations, rising population, and rising middle-class income. Major trends in the forecast period include the adoption of artificial intelligence (AI) and machine learning, advancements in remote sensing technologies, integration of blockchain for traceability, development of advanced data analytics platforms, and enhanced farm management software.

Order your report now for swift delivery @ https://www.thebusinessresearchcompany.com/report/precision-aquaculture-global-market-report

Scope Of Precision Aquaculture Market The Business Research Company's reports encompass a wide range of information, including:

1. Market Size (Historic and Forecast): Analysis of the market's historical performance and projections for future growth.

2. Drivers: Examination of the key factors propelling market growth.

3. Trends: Identification of emerging trends and patterns shaping the market landscape.

4. Key Segments: Breakdown of the market into its primary segments and their respective performance.

5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.

6. Macro Economic Factors: Assessment of broader economic elements impacting the market.

Precision Aquaculture Market Overview

Market Drivers - Growing global demand for seafood is expected to propel the growth of the precision aquaculture market going forward. Seafood refers to any form of edible marine life that is harvested from oceans, rivers, lakes, or other bodies of water. Seafood demand is high due to its health benefits, including being rich in proteins and omega-3 fatty acids, along with growing consumer interest in sustainable and nutritious food options. Precision aquaculture enhances seafood production by optimizing farming practices, ensuring sustainable resource management, and improving the overall health and quality of aquatic species. For instance, in December 2023, according to the Department of Agriculture, Fisheries, and Forestry, an Australia-based government department, Australians consumed approximately 350,000 tones of seafood in 2021–22, averaging 13.8 kilograms per person. The value of fishery and aquaculture imports also rose by 2% to $2.19 billion, primarily due to an increase in prawn imports. Therefore, the growing global demand for seafood is driving the growth of the precision aquaculture market.

Market Trends - Major companies operating in the precision aquaculture market are focused on developing innovative products such as artificial intelligence (AI)-based aquaculture cameras to gain a competitive edge in the market. AI-based aquaculture cameras are advanced imaging systems integrated with artificial intelligence (AI) algorithms, specifically designed for monitoring and managing aquaculture environments. For instance, in July 2024, ReelData AI, a Canada-based software company, launched ReelVision, a camera developed for AI applications in aquaculture, such as behavioral analysis, feeding rates, and fish health and welfare. ReelVision is an advanced AI camera system designed specifically for fish farms. This data-driven approach enables farmers to make more informed decisions around feeding, stocking density, and health management. This helps optimize production, reduce waste, and minimize environmental impact.

The precision aquaculture market covered in this report is segmented –

1) By Component: Hardware, Software, Service 2) By Farm Type: Open Aquaculture Farm, Recirculatory Aquaculture System (RAS) Farm 3) By Application: Feed Optimization, Monitoring And Surveillance, Yield Analysis And Measurement, Other Applications

Get an inside scoop of the precision aquaculture market, Request now for Sample Report @ https://www.thebusinessresearchcompany.com/sample.aspx?id=19157&type=smp

Regional Insights - Asia-Pacific was the largest region in the precision aquaculture market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the precision aquaculture market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Key Companies - Major companies operating in the precision aquaculture market are Signify N.V., Pentair PLC, Nofima AS, Cermaq Group AS, Skretting, Grieg Seafood ASA, AKVA Group ASA, ScaleAQ, Benchmark Holdings PLC, In-Situ Inc., InnovaSea Systems Inc., Biomar Group, INVE Aquaculture, Eruvaka Technologies, BioFishency Ltd., Ace Aquatec, OxyGuard International A/S, Planet Lighting Ltd., AquaMaof Aquaculture Technologies Ltd., SNRAS Systems Private Ltd.

Table of Contents 1. Executive Summary 2. Precision Aquaculture Market Report Structure 3. Precision Aquaculture Market Trends And Strategies 4. Precision Aquaculture Market – Macro Economic Scenario 5. Precision Aquaculture Market Size And Growth ….. 27. Precision Aquaculture Market Competitor Landscape And Company Profiles 28. Key Mergers And Acquisitions 29. Future Outlook and Potential Analysis 30. Appendix

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[globalgrowthinsights]

Roof Insulation Market Size, Share, Forecast [2032]

Roof Insulation Market provides in-depth analysis of the market state of Roof Insulation manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Roof Insulation in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of Roof Insulation Market Report:

The report offers a comprehensive and broad perspective on the global Roof Insulation Market.

The market statistics represented in different Roof Insulation segments offers complete industry picture.

Market growth drivers, challenges affecting the development of Roof Insulation are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of Roof Insulation.

Major stakeholders, key companies Roof Insulation, investment feasibility and new market entrants study is offered.

Development scope of Roof Insulation in each market segment is covered in this report. The macro and micro-economic factors affecting the Roof Insulation Market

Advancement is elaborated in this report. The upstream and downstream components of Roof Insulation and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/roof-insulation-market-100552

 Global Growth Insights

Web: https://www.globalgrowthinsights.com

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[electronalytics]

Advanced Biofuels Market Analysis 2023 Dynamics, Players, Type, Applications, Trends, Regional Segmented, Outlook & Forecast till 2033

The global advanced biofuels market is reaching USD 43,197.3 million by 2033. In 2023, the market is expected to generate USD 19,282.5 million in revenue. Expected to grow at a compound annual growth rate (CAGR) of 8.4% from 2023 to 2033,

Exploring the Advanced Biofuels Market

Advanced biofuels, also known as second-generation biofuels, are renewable fuels derived from non-food feedstocks such as agricultural residues, algae, woody biomass, and waste materials. Unlike conventional biofuels like ethanol and biodiesel, which are primarily produced from food crops such as corn and soybeans, advanced biofuels offer several advantages, including reduced greenhouse gas emissions, enhanced sustainability, and compatibility with existing infrastructure. This overview provides insights into the advanced biofuels market, highlighting key trends, drivers, challenges, and opportunities shaping the industry.

Market Overview

The advanced biofuels market is experiencing steady growth driven by increasing environmental concerns, volatile oil prices, and regulatory mandates aimed at reducing carbon emissions and promoting renewable energy sources. Advanced biofuels offer a sustainable alternative to fossil fuels, enabling countries to meet their renewable energy targets and mitigate climate change.

Key Trends

Technological Advancements: Ongoing research and development efforts focus on improving the efficiency, scalability, and cost-effectiveness of advanced biofuel production processes. Innovations in biochemical and thermochemical conversion technologies, microbial engineering, and biomass pretreatment contribute to the commercialization of advanced biofuels.

Feedstock Diversification: The shift towards non-food feedstocks such as agricultural residues, algae, and lignocellulosic biomass diversifies feedstock sources and reduces competition with food production. This trend enhances the sustainability and resilience of advanced biofuel supply chains, mitigating concerns about land use change and food security.

Policy Support and Incentives: Government policies, incentives, and mandates play a crucial role in driving investment and market growth in the advanced biofuels sector. Renewable fuel standards, carbon pricing mechanisms, tax credits, and research grants encourage the development and deployment of advanced biofuel technologies and infrastructure.

Partnerships and Collaborations: Strategic partnerships between biofuel producers, technology providers, research institutions, and government agencies facilitate knowledge sharing, technology transfer, and market expansion. Collaborative efforts to pilot demonstration projects, scale up production facilities, and address technical challenges accelerate the commercialization of advanced biofuels.

Technological Developments: Highlight the latest technological innovations impacting the market. This might involve advancements in automation, artificial intelligence, IoT (Internet of Things), blockchain, or any other relevant technologies. Discuss how these developments are shaping the industry landscape and driving change.

Analysis: Conduct a thorough analysis of the market, including SWOT (Strengths, Weaknesses, Opportunities, Threats) analysis, Porter's Five Forces analysis, and any other relevant analytical frameworks. Assess market dynamics, competitive landscape, and barriers to entry. Provide insights into market segmentation, customer demographics, and buying behavior.

Growth Drivers: Identify the primary drivers fueling market growth. This could include factors such as increasing demand for certain products or services, expansion into new geographic regions, rising disposable income levels, technological advancements driving innovation, or favorable regulatory policies. Quantify the impact of these drivers on market growth wherever possible.

Receive the FREE Sample Report of Advanced Biofuels Market Research Insights @ https://stringentdatalytics.com/sample-request/advanced-biofuels-market/14629/ 

Market Segmentations:

Global Advanced Biofuels Market: By Company A2BE Carbon Capture Algenol Biofuels Sundrop Fuels LanzaTech Green Biologics Bankchak Petroleum

Global Advanced Biofuels Market: By Type Cellulosic Biofuels Biodiesels Biogas Biobutanol Others

Global Advanced Biofuels Market: By Application Automotive Aviation Others

Regional Analysis of Global Advanced Biofuels Market

All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Advanced Biofuels market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Challenges: Identify and discuss the challenges that the market is currently facing. These challenges could include regulatory hurdles, economic instability, supply chain disruptions, intense competition, changing consumer preferences, or technological limitations. Provide insights into how these challenges are impacting the industry and potentially hindering growth or innovation.

Future Outlook: Offer a forward-looking perspective on the market's trajectory. Based on the analysis conducted earlier, forecast the future direction of the market. Consider factors such as emerging technologies, shifting consumer behaviors, regulatory changes, and global economic trends. Discuss potential opportunities that may arise in the future and how stakeholders can capitalize on them. Additionally, highlight potential threats or disruptions that could impact the market landscape.

Mitigation Strategies: Suggest mitigation strategies to address the challenges identified and capitalize on future opportunities. This could involve recommendations for businesses to adapt their strategies, invest in R&D, forge strategic partnerships, or diversify their product/service offerings. Provide actionable insights that stakeholders can use to navigate uncertainties and position themselves for success in the evolving market environment.

Key Report Highlights:

Key Market Participants: The report delves into the major stakeholders in the market, encompassing market players, suppliers of raw materials and equipment, end-users, traders, distributors, and more.

Comprehensive Company Profiles: Detailed company profiles are provided, offering insights into various aspects including production capacity, pricing, revenue, costs, gross margin, sales volume, sales revenue, consumption patterns, growth rates, import-export dynamics, supply chains, future strategic plans, and technological advancements. This comprehensive analysis draws from a dataset spanning 12 years and includes forecasts.

Market Growth Drivers: The report extensively examines the factors contributing to market growth, with a specific focus on elucidating the diverse categories of end-users within the market.

Data Segmentation: The data and information are presented in a structured manner, allowing for easy access by market player, geographical region, product type, application, and more. Furthermore, the report can be tailored to accommodate specific research requirements.

SWOT Analysis: A SWOT analysis of the market is included, offering an insightful evaluation of its Strengths, Weaknesses, Opportunities, and Threats.

Expert Insights: Concluding the report, it features insights and opinions from industry experts, providing valuable perspectives on the market landscape.

Customization of the Report:

This report can be customized to meet the client’s requirements. Please connect with our sales team (sales@stringentdatalytics.com), who will ensure that you get a report that suits your needs. You can also get in touch with our executives on +1 346 666 6655 to share your research requirements.

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Syndicated market research reports, on the other hand, are pre-existing reports that are available for purchase by multiple clients. These reports are often produced on a regular basis, such as annually or quarterly, and cover a broad range of industries and market segments. Syndicated reports provide clients with insights into industry trends, market sizes, and competitive landscapes. By offering both custom and syndicated reports, Stringent Datalytics can provide clients with a range of market research solutions that can be customized to their specific needs.

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[twnenglish]

Top Tech Trends in Agriculture: A Glimpse into the Future of Farming

The world is facing unprecedented challenges: a growing population, climate change, and dwindling resources. Agriculture, the lifeblood of our planet, needs a dramatic transformation to meet these demands.

Thankfully, a wave of technological advancements is ushering in a new era of "smart farming," promising increased productivity, sustainability, and efficiency.

From precision agriculture utilizing satellites and sensors to optimize resource use, to vertical farms stacked indoors defying space limitations, innovation is reshaping the agricultural landscape.

Drones soar overhead monitoring crop health, while AI algorithms crunch data to predict yields and identify diseases. Blockchain technology ensures transparency and traceability in food supply chains, empowering both consumers and farmers.

Consider these facts:

The global population is projected to reach 10 billion by 2050, placing immense pressure on our food systems.

Climate change threatens agricultural yields through extreme weather events and rising temperatures.

Traditional farming practices often contribute to environmental degradation, including soil erosion and water pollution.

These are not mere futuristic visions; they are realities already transforming farms around the globe. In India, the use of drones for crop monitoring is on the rise, while vertical farming projects are gaining momentum in urban areas.

Regenerative agriculture practices are restoring degraded land and building resilience against climate change.

The future of agriculture is not just about technology, it's about a paradigm shift. It's about recognizing the interconnectedness of our food systems with the environment, and embracing practices that nourish both.

By harnessing the power of innovation and collaboration, we can build a future where agriculture not only sustains us, but thrives alongside our planet.

Top Tech Trends in Agriculture: A Glimpse into the Future of Farming

1. Precision Agriculture 

An approach to agricultural management that uses information technology to ensure that crops and soils receive what they need for optimal health and productivity. Rather than applying the same inputs across the entire region, the approach aims to manage and distribute them on a site-specific basis to maximize long-term cost benefits as well as prevent any wastage.

Like conservation agriculture, PF is a combination of different technologies rather than a lump-sum approach and allows site specific management (SSM) to use their resources efficiently and achieve economic benefits. Understanding and gaining more knowledge about natural variability within a farm is one of the important aspects of PF.

Over the past few decades, several technologies have been developed for PF; They can be divided into 'soft' and 'hard'. Soft precision agriculture relies on visual observation of crops and soil management decisions based on experience and intuition rather than statistical and scientific analysis. In contrast, hard precision agriculture uses all the modern technologies like GPS, remote sensing and variable rate technology.

Read More

[marketinsight1234]

Global Digital Agriculture Market Size Expected To Reach USD 41.48 Billion With CAGR 11% By 2030

The Global Digital Agriculture Market size is expected to grow from USD 18 billion in 2022 to USD 41.48 billion by 2030, at a CAGR of 11% during the forecast period (2023-2030).

The Digital Agriculture market is experiencing robust growth globally, driven by the convergence of technology and agriculture to enhance productivity, sustainability, and efficiency. Digital agriculture encompasses a wide range of technologies, including precision farming, data analytics, drones, IoT sensors, and artificial intelligence, among others. These technologies enable farmers to make data-driven decisions, optimize resource usage, and improve crop yields. The market is witnessing significant adoption across both developed and developing regions as stakeholders recognize the potential of digital solutions to address the challenges faced by the agriculture industry.

Top Key Players for Digital Agriculture Market:

Deere & Company (U.S.), IBM Corporation(U.S.), CNH Industrial (U.S.), Microsoft Corporation (U.S.), AGCO Corporation (U.S.), Raven Industries (U.S.), COFCO International (Switzerland), Agrofy (South Africa),Eden Farm (Indonesia), HummingBird Technologies (England), Cranswick PLC (U.K) and Other Major Key Players.

To Understand Business Strategies, Request For a Sample Report @

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Updated Version 2024 is available our Sample Report May Includes the:

Scope For 2024

Brief Introduction to the research report.

Table of Contents (Scope covered as a part of the study)

Top players in the market

Research framework (structure of the report)

Research methodology adopted by Worldwide Market Reports

Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. 

Market Driver:

One significant driver propelling the Digital Agriculture market is the increasing global population coupled with the growing demand for food. With the world population projected to reach 9.7 billion by 2050, there is immense pressure on the agriculture sector to enhance productivity while minimizing environmental impact. Digital agriculture offers solutions to this challenge by enabling precision farming techniques, such as variable rate application of inputs, remote monitoring, and predictive analytics, thereby optimizing resource utilization and maximizing crop yields. As a result, farmers can meet the rising demand for food sustainably and efficiently.

Market Opportunity:

An emerging market opportunity within the Digital Agriculture sector lies in the integration of blockchain technology. Blockchain has the potential to revolutionize various aspects of agriculture, including supply chain management, food traceability, and transparent transactions. By leveraging blockchain, stakeholders can establish immutable records of transactions, track the journey of agricultural products from farm to fork, and ensure authenticity and quality throughout the supply chain. This presents a significant opportunity for companies to develop innovative blockchain solutions tailored to the specific needs of the agriculture industry, thereby enhancing transparency, trust, and efficiency across the value chain.

Segmentation Analysis of the Digital Agriculture Market:

By Type

Crop Monitoring

Artificial Intelligence

Precision Farming

By Technology

Peripheral

Core

By Application

Field Mapping

Crop Scouting

Weather Tracking

Drone Analytics

Others

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Regional Analysis of the Digital Agriculture Market:

North America (US, Canada, Mexico)

Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)

Western Europe (Germany, UK, France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)

Asia Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)

Middle East & Africa (Turkey, Bahrain, Kuwait, Saudi Arabia, Qatar, UAE, Israel, South Africa)

South America (Brazil, Argentina, Rest of SA)

Key Industry Development:

In November 2022, AGCO Corporation launched a brand new online tool called Geo-Bird to help farmers around the world independently plan and optimize their global navigation satellite system (GNSS) machine guidance lines.

In October 2021, CNH Industrial launched an innovative platform named AGXTEND for digital agriculture solutions in Brazil. AGXTEND develops and provides ground-breaking technologies that allow farmers to extend their efficiency, and sustainability of agribusiness by precision farming, and thereby their economic success.

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[ashimbisresearch]

Europe Precision Agriculture Market Research Analysis and Forecast (2022-2027) | BIS Research

Precision Agriculture has emerged as a transformative approach to farming, empowering farmers with advanced technologies and data-driven strategies to optimize their operations. In Europe, where agriculture plays a vital role in the economy, the adoption of precision agriculture techniques has gained significant momentum.

Market Overview

The Europe Precision Agriculture Market has witnessed remarkable growth in recent years. The region's favourable agricultural landscape, coupled with the increasing need for sustainable farming practices and food security, has propelled the adoption of precision agriculture technologies. These technologies encompass a wide range of solutions such as guidance systems, remote sensing, variable rate technology, and farm management software, among others.

According to BIS Research, the precision agriculture market in Europe (excluding U.K.) was valued at $2,476.5 million in 2022 and is expected to reach $4,367.4 million by 2027, following a CAGR of 12.02% during 2022-2027.

Key Market Growth Drivers

Several factors have contributed to the expansion of Europe's precision agriculture market. They are:

Growing global population and changing dietary patterns have pressured farmers to enhance productivity and minimize environmental impact.

Precision agriculture enables optimization of resource utilization, waste reduction, and addressing sustainability challenges.

Advancements in technology, including IoT, AI, and cloud computing, have revolutionized agriculture.

These technologies allow real-time monitoring, data collection, and analysis, aiding informed decision-making.

Increasing availability of affordable sensors and drones has facilitated precision agriculture adoption.

Government initiatives and subsidies promoting sustainable agriculture practices have driven market growth. For instance, the European Union's Common Agricultural Policy (CAP) provides financial incentives for eco-friendly farming methods adoption.

Access More: Detailed Free Sample Report on Europe Precision Agriculture Market Research!

Europe Precision Agriculture Market Segmentation

Segmentation by Application:

Field Monitoring

Crop Forecasting

Precision Planting

Precision Spraying

Precision Fertilization

Precision Irrigation

Farm Management

Others

Segmentation by Technology:

Guidance Technology

Sensing Technology

Variable Rate Application Technology

Data Analytics and Intelligence

Others

Prominent Key Market Players

The companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, and its market penetration.

CLAAS Group

CNH Industrial N.V.

Accenture

AGRIVI

Amazon Web Services, Inc.

BASF SE

Future Prospects and Opportunities

The future of precision agriculture in Europe looks promising. The market is expected to witness steady growth as farmers increasingly recognize the benefits of adopting precision agriculture techniques. The integration of emerging technologies, such as machine learning, robotics, and blockchain, will further revolutionize the industry, enabling farmers to achieve greater efficiency, productivity, and sustainability.

Additionally, the development of advanced data analytics and predictive modeling tools will enhance decision-making capabilities, allowing farmers to optimize crop yields, reduce input costs, and minimize environmental impact. The concept of "smart farming" will become more prevalent, where interconnected devices and automated systems will work in harmony to optimize farming operations.

Conclusion

The Europe Precision Agriculture Industry is on an upward trajectory, driven by the need for sustainable farming practices, technological advancements, and government support. The adoption of precision agriculture techniques will continue to increase, empowering farmers to overcome challenges and meet the growing demand for food in an environmentally conscious manner. As Europe embraces innovation and collaboration, the future of precision agriculture looks bright, promising a transformative impact on the continent's agricultural landscape.

[adalidda]

Recommendations for Exporting Agricultural Commodities to the European Union, USA, Canada, and Japan

The European Union, USA, Canada, and Japan are promising markets for exporters of agricultural commodities from developing countries. These regions have trade preference agreements that allow duty-free or low-duty imports from certain developing countries. However, the requirements for the quality and traceability of agricultural commodities are high. This document provides recommendations for agribusiness firms in developing countries to successfully export their agricultural commodities to these markets.

Recommendations

Quality Assurance Implement stringent quality control measures to ensure that the commodities meet the high-quality standards required by these markets. This could involve investing in modern farming techniques and technologies. Below are some detailed case studies and experiences learned on quality assurance for some agricultural commodities:

Soybean A study on the soybean supply chain in the state of Pará, Brazil, used Life Cycle Assessment to evaluate the environmental impacts associated with soybean production. The study highlighted the importance of efficient business transactions and soybean tracking for quality assurance. Another resource, the “Manual of Soy Quality Analyses for Soybean Products in the Feed Industry”, provides up-to-date, reliable, and easy-to-search information to quality control laboratories, universities, research centers, animal and human nutritionists, soybean traders, and organizations and individuals with an interest in the quality analysis of soybean products.

Sorghum A study on global sorghum production analyzed the current status of sorghum production, trends, and factors controlling sorghum yield using empirical approaches. The study highlighted the importance of adequate use of fertilizers and technology adoption, efficient management, and better agronomic practices for boosting sorghum yield and ensuring its sustainability in a warmer climate. Another study on India’s rainfed sorghum improvement over three decades assessed the efficiency of past achievements in genetic yield potential to facilitate future genetic improvement. The study revealed that sorghum varieties bred with diverse genetic backgrounds, such as landraces, and with tolerance to pests and diseases had stable yield performance.

Cassava A case study on small-scale flash-dryer reengineering for cassava processing in Costa Rica discussed the importance of traceability in the cassava supply chain. The study emphasized that accurate identification of the varieties of cassava grown by farmers will improve its management and production and facilitate tracking and replacing specific varieties. Another case study involving two food industries in Ghana developed an appropriate quality assurance system for two popular cassava-based convenience foods, fufu and kokonte flour. The study established critical control points with accompanying critical limits, monitoring procedures, corrective actions, verification procedures, record keeping, and documentation procedures based on the HACCP principle.

These case studies highlight the importance of quality assurance in agricultural supply chains and the innovative solutions being used to enhance it. They also underscore the challenges that need to be addressed to ensure effective quality assurance.

Traceability Establish robust systems for tracking the journey of the commodities from the farm to the market. This will enhance transparency and trust with the importers.

Below are some case studies and experiences learned on traceability for some agricultural commodities:

Soybean Blockchain technology has been used to enhance traceability in the soybean supply chain. A study proposed an approach that leverages the Ethereum blockchain and smart contracts to efficiently perform business transactions for soybean tracking and traceability across the agricultural supply chain. This solution eliminates the need for trusted centralized authorities and intermediaries and provides transaction records, enhancing efficiency and safety with high integrity, reliability, and security.

Sorghum A study on global sorghum production analyzed the current status of sorghum production, trends, and factors controlling sorghum yield using empirical approaches. Especially in sub-Saharan Africa, this crop is cultivated widely under unfavorable climate conditions and sub-optimal input levels. The study highlighted the importance of adequate use of fertilizers and technology adoption, efficient management, and better agronomic practices for boosting sorghum yield and ensuring its sustainability under a warmer climate.

Cassava A study on cassava exporters from Costa Rica discussed the importance of traceability in the cassava supply chain. As growing emphasis is placed on quality at all levels and on traceability and the preservation of the identity of varieties, accurate identification of the varieties of cassava grown by farmers will improve its management and production and facilitate tracking and replacing specific varieties.

Cocoa A series of case studies co-developed by IDH, The Sustainable Trade Initiative, the Belgian Initiative Beyond Chocolate Partnership, the Swiss Platform for Sustainable Cocoa (SWISSCO), the Dutch Initiative on Sustainable Cocoa (DISCO) and the German Initiative on Sustainable Cocoa (GISCO) explored in more detail how companies and standard setting organizations are implementing traceability in their operations. These studies provide valuable insights into the role of specific cocoa supply chain actors in the context of traceability.

These case studies highlight the importance of traceability in agricultural supply chains and the innovative solutions being used to enhance it. They also underscore the challenges that need to be addressed to ensure effective traceability.

Leverage Trade Agreements Understand the specifics of the trade agreements that your country has with the European Union, USA, Canada, and Japan to take full advantage of them. This may require seeking advice from trade experts or legal advisors.

Below is information on the trade agreements between the European Union, USA, Canada, and Japan with some developing countries:

European Union and Cambodia The EU works closely with Cambodia under the framework of the EU-ASEAN Cooperation Agreement. Cambodia benefits from the European Union's Everything But Arms scheme, which grants unilateral duty-free, quota-free access for all exports except arms and ammunition. In 2022, total trade in goods between the EU and Cambodia equaled €6.3 billion.

USA and Cambodia The United States and Cambodia concluded a Bilateral Trade Agreement (BTA) in 2000. The BTA provides a forum to address bilateral trade issues and allows Cambodia and the United States to coordinate on regional and multilateral issues.

Canada and Cambodia Canada is one of Cambodia’s top export destinations, and bilateral merchandise trade has grown from $1.8 billion in 2021 to $2.4 billion in 2022. Cambodia benefits from Canada’s Market Access Initiative for least developed countries, which allows qualifying states quota-free and duty-free access to the Canadian market.

Japan and Cambodia Japan and Cambodia have an Economic Partnership Agreement (EPA) which strengthens the mutually beneficial economic collaboration between the two countries by facilitating freer flows of goods, services, and investments.

European Union and Vietnam The EU-Vietnam Free Trade Agreement (EVFTA) eliminates or reduces tariffs on many key goods like electronics, food products, and pharmaceuticals. Between 2020 and 2021, EU-Vietnam agri-food trade grew by 9%, reaching €3.5 billion in total.

Canada and Vietnam Vietnam is Canada’s largest trading partner in ASEAN. In 2022, two-way merchandise trade between Canada and Vietnam totaled $13.8 billion. Vietnam benefits from the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) which provides a rules-based trading environment and enhances market access for Canadian exporters.

Japan and Vietnam Japan and Vietnam have an Economic Partnership Agreement (EPA) which strengthens the mutually beneficial economic collaboration between the two countries by facilitating freer flows of goods, services, and investments.

USA and Nigeria In 2021, the two-way trade in goods between the United States and Nigeria totaled over $7 billion. U.S. exports to Nigeria include wheat, vehicles, machinery, kerosene, lubricating oils, jet fuel, civilian aircraft, and plastics.

European Union and Nigeria The Economic Partnership Agreements (EPAs) between the EU and African, Caribbean and Pacific countries (ACP) aim to support West Africa's investment, industrialization, and diversification objectives. However, Nigeria has not signed an EPA due to concerns about its impact on local farmers and manufacturers.

Canada and Nigeria In 2022, two-way merchandise trade between Canada and Nigeria totaled $13.8 billion.

European Union (EU) and Senegal Senegal is part of several trade agreements, including the Economic Community of West African States (ECOWAS) and the World Trade Organization. It's also eligible for U.S. market access benefits under the African Growth and Opportunity Act (AGOA). Negotiations are ongoing for an Economic Partnership Agreement between the EU and several West African countries, including Senegal.

USA and Senegal Senegal is eligible for U.S. market access benefits under AGOA. The main imports from the USA are feed grains (corn) and consumer-oriented products.

Canada and Senegal In 2022, two-way merchandise trade between Canada and Senegal reached over $197 million. The main Canadian exports included cereals, vehicles and parts, machinery, textiles, and beverages.

EU and Ghana Ghana has a bilateral Economic Partnership Agreement (EPA) with the EU.

USA and Ghana Ghana has a Trade and Investment Framework Agreement (TIFA) with the USA. Many Ghanaian exports to the USA benefit from duty-free tariff preferences under AGOA and the Generalized System of Preferences (GSP) program.

Canada and Ghana In 2021, two-way merchandise trade between Canada and Ghana reached over $475 million. The main Canadian exports included cereals, vehicles and parts, machinery, textiles, and beverages.

EU and Congo RDC The EU’s contribution to consolidation in the Democratic Republic of the Congo (DRC) is based on strong support for political, economic, and commercial development in the country under the Cotonou Agreement.

USA and Congo RDC The DRC has a Bilateral Investment Treaty (BIT) with the USA. It's also a member of the Common Market for Eastern and Southern Africa (COMESA), with which the USA has a TIFA.

Please note that the specifics of these agreements can change over time and it's always a good idea to check the most recent sources for the most accurate information.

Market Research Conduct thorough market research to understand the preferences and needs of consumers in these markets. This will help in tailoring your products to meet their specific demands.

Partnerships Consider forming partnerships with local businesses in these markets. They can provide valuable insights into the market dynamics and consumer behavior.

Certifications Obtain international certifications for your commodities. Certifications like Organic, Fairtrade, and Rainforest Alliance can make your products more appealing to consumers in these markets.

Conclusion While the European Union, USA, Canada, and Japan present significant opportunities for agribusiness firms in developing countries, it is crucial to meet their high standards for quality and traceability. By implementing these recommendations, agribusiness firms can enhance their competitiveness and successfully penetrate these markets. Remember, the key to success in international trade lies in understanding the market dynamics, meeting the required standards, and continuously striving for excellence.

Bibliographies https://ieeexplore.ieee.org/document/8718621 https://www.frontiersin.org/articles/10.3389/fsufs.2023.1184373/full https://www.scl.gatech.edu/news/more-food-traceability-case-cassava-exporters-costa-rica https://www.intechopen.com/chapters/78062 https://www.idhsustainabletrade.com/uploaded/2021/06/Case-Study_Traceability_Fairtrade_Adj.pdf https://www.mdpi.com/2073-4395/13/6/1648 https://ussec.org/wp-content/uploads/2015/10/Manual-of-Quality-Analyses.pdf https://www.frontiersin.org/articles/10.3389/fpls.2022.1056040/full https://cgspace.cgiar.org/bitstream/handle/10568/119323/book%20chapter.pdf?sequence=1

I hope you enjoyed reading this post and learned something new and useful from it. If you did, please share it with your friends and colleagues who might be interested in Agriculture and Agribusiness.

Mr. Kosona Chriv Chief Operating Officer (COO)

Deko Integrated and Agro Processing Limited 3rd and 4th Floors, Idubor House 52 Mission Road 300002 Benin City Edo State Nigeria

Phone/WhatsApp: + 2349040848867 (Nigeria) +85510333220 (Cambodia) Email: pr@dekoholding.com Website: https://dekoholding.com

Deko Integrated and Agro Processing Limited is an agricultural firm and exporter of agricultural commodities in Nigeria. We aim to use technologies and innovations to disrupt the cassava value chain in Nigeria. We believe that Nigeria has the potential and resources to become the top exporter of value-added cassava. If you are in the world cassava value chain (food manufacturers, bio-ethanol manufacturers, cassava by-products producers, and investors), we look forward to hearing from you soon and exploring the possibilities of working together. By working together, we can create value for our customers, partners, and stakeholders, as well as make a positive impact on the local communities and the environment. We are committed to delivering high-quality products and services, as well as fostering innovation and sustainability. If you want to learn more about Deko Group and how we can collaborate, please visit our website https://dekoholding.com

Illustration Photo: Coopedota, a coffee cooperative in Costa Rica, earned recognition in 2011 as the world's first carbon neutral coffee producer (credits: Luis Salazar/Crop Trust / Flickr CC BY-NC-ND 2.0 DEED)

Read the full article by clicking here https://dekoholding.com/dekoposts/S7itG49RqtKKEnuNW/recommendations-for-exporting-agricultural-commodities-to/dekonews

[exitomediaconcepts123]

Role of AI in Digital transformation Dubai

Artificial Intelligence (AI) plays a significant role in the digital transformation efforts of Dubai, as it does in many other regions around the world. Dubai has been actively embracing AI and other emerging technologies as part of its broader vision to become a smart city. Here are some key roles AI plays in Dubai's digital transformation:

Smart Government Services: Dubai has been implementing AI to enhance government services. Chatbots and virtual assistants powered by AI are used to provide citizens and residents with quick access to information and government services, improving the efficiency and accessibility of public services.

Data Analytics: AI is used for advanced data analytics, helping Dubai collect, process, and analyze vast amounts of data from various sources. This data-driven approach enables better decision-making and the optimization of public services.

Transportation and Mobility: AI is deployed in Dubai's transportation and mobility sector. It plays a critical role in managing traffic, predicting congestion, and optimizing public transportation routes. Autonomous vehicles and drones are also being tested to improve transportation services.

Healthcare: AI is utilized for improving healthcare services, including predictive analytics for disease prevention, telemedicine, and medical imaging analysis. This enhances patient care and reduces the burden on healthcare systems.

Security and Surveillance: Dubai employs AI for security and surveillance. Facial recognition and video analytics are used for public safety, crowd management, and threat detection.

Education: AI is integrated into the education system to enhance learning experiences. Intelligent tutoring systems, personalized learning platforms, and virtual classrooms are some of the AI applications used to transform education.

Finance and Fintech: AI is leveraged in the financial sector to detect fraud, automate routine banking processes, and offer personalized financial services. Dubai aims to establish itself as a fintech hub in the region, and AI is a significant part of that strategy.

Tourism and Hospitality: In Dubai's tourism and hospitality industry, AI-driven chatbots and recommendation engines are used to enhance the visitor experience. These technologies provide personalized recommendations and information to tourists.

Energy and Sustainability: AI helps optimize energy consumption and promote sustainability. Smart grid systems and AI-driven energy management are used to reduce energy waste and environmental impact.

Agriculture: Dubai is also exploring the use of AI in agriculture to increase food production and improve crop yields. AI-driven solutions can monitor and control environmental conditions in greenhouses and enhance agricultural productivity.

Innovation Hub: Dubai has positioned itself as an innovation hub, fostering the growth of AI startups and research initiatives. This approach attracts talent and investment in the field of AI and technology.

Blockchain Integration: AI and blockchain technologies are being integrated to enhance data security and transparency in various sectors, including finance and supply chain management.

Dubai's commitment to AI and digital transformation is evident in its various initiatives and strategies, such as the Dubai AI Roadmap and the Dubai 10X initiative, which aim to make Dubai a global leader in AI and digital innovation. These efforts are driven by the desire to enhance the quality of life, boost economic growth, and ensure the sustainability and competitiveness of the emirate in the digital age.

B2b events and conferences

Business events in Bangalore

B2b events

Tech summit

Business events in India

corporate events in India

Business Events

HR World Summit 

[mohitbisresearch]

Blockchain in agriculture and food market was valued at $139.6 million in 2020, Blockchain in agriculture and food industry which is expected to grow with a CAGR of 51.0% and reach $1,488.0 million by 2026.

[trendingreportz]

South East Asia Testing, Inspection & Certification Market - Forecast (2024-2030)

South East Asia Testing, Inspection & Certification (TIC) Market Overview

The South East Asia TIC Market size is estimated to reach US$4.7 billion by 2030, growing at CAGR 4.82% during the forecast period 2024-2030. The growth of South East Asia TIC Market is majorly driven by increasing need for food testing and rising safety regulations and standards for the enhancement of medical device safety measure. Moreover, the rapid growth of consumer electronics industry coupled with the increasing demand for electronics will also trigger the growth of the testing, inspection & certification market in South East Asia. The manufacturer of electronic products needs to comply with various governmental standards to ensure quality testing and certification through RoHS testing, Electromagnetic compatibility (EMC) testing, GS mark certification, CPSR and so on, which in turn drives the market growth of TIC (Testing, Inspection & Certification) services. Furthermore, the demand for TIC services which includes failure & damage analysis, various component testing, e-mobility & battery testing and others in automotive industry is also a major factor that can transform the South East Asia TIC industry outlook in the long run. 

The South East Asia Testing, Inspection, and Certification (TIC) market is undergoing significant transformation driven by multiple converging trends. The region's rapid industrialization and economic growth are increasing the demand for robust TIC services to ensure compliance with international standards and regulations. Advancements in digital technologies, such as blockchain, IoT, and AI, are revolutionizing TIC processes, enhancing the accuracy and efficiency of inspections and certifications. The growing emphasis on quality and safety in sectors like food and beverages, pharmaceuticals, and consumer goods is fueling the need for stringent testing and certification protocols. Additionally, the expansion of the manufacturing sector, particularly in automotive and electronics, is driving the demand for specialized TIC services to maintain quality control and meet export requirements. The rise of e-commerce is also contributing to the market growth, as online retailers seek to ensure product safety and authenticity. Environmental sustainability and regulatory compliance are becoming increasingly important, prompting companies to adopt comprehensive TIC services to meet green standards and reduce environmental impact. These trends collectively are enhancing the significance of TIC services in ensuring product quality, safety, and compliance across various industries in South East Asia.

South East Asia TIC Report Coverage

The “South East Asia TIC Market Report – Forecast (2024-2030)” by IndustryARC, covers an in-depth analysis of the following segments in the South East Asia TIC Market.

By Type: Outsourcing, In-house

By Types of Services: Testing Services, Inspection Services, Certification Services

By End Users: Agriculture, Automotive, Food, Consumers (textile, cosmetic, toys, apparel, furniture, stationary, hand tools), Medical & Life Science, Marine, Manufacturing, Building & Infrastructure, Industrial Equipment, Retail, Rail, E-Commerce, Meteorology, Others. 

By Geography: Indonesia, Malaysia, Sinagpore, Philliphines, Thailand, Vietnam, Others (Myanmar, Laos, Cambodia, Brunei, Timor-Leste)

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Key Takeaways

Testing Services held the major market share in 2023 owing to rising implementations of integrated testing solutions for wide range of end users including automation and control systems, battery storage, F&B processing, communication protocol and so on. 

E-Commerce segment is analysed to grow at the fastest rate during the forecast period 2024-2030 owing to increasing internet and mobile phone usage, high penetration of IoT as well as improved e-payment methods& logistics. 

Indonesia held the highest market share in 2023 Vietnam is analysed to grow at the fastest rate during the forecast period 2024-2030 owing to rapid growth of manufacturing sector and rising investments on railway infrastructure.

The increasing demand towards food testing and rising safety regulations and standards imposed by global as well as regional government bodies for the enhancement of medical device safety measure are analysed to significantly drive the market growth of South East Asia TIC market during the forecast period 2023-2030.

South East Asia TIC Market Segment Analysis- by Type of Services

Testing Services held the major market share in 2023 with a market size of $1.7 Billion and is estimated to reach $2.3 Billion by 2030 with a CAGR of around 4.51% during the forecast period 2024-2030. The growth is mainly attributed to rising implementations of integrated testing solutions for wide range of end users including automation and control systems, battery storage, F&B processing, communication protocol, maritime equipment material, oil & gas structure and components and others to increase productivity and customer satisfaction. In September 2022, Intertek announced the launch of their new Vegan Foods Certification. The Intertek Vegan Certification is designed to determine the suitability of food products for vegan and plant-based consumers. These factors are set to influence the growth of global South East Asia industry in the long run.

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South East Asia TIC Market Segment Analysis- by End User

E-Commerce segment is analysed to grow at the fastest rate of 9.84% during the forecast period 2024-2030. The growth of the E-Commerce in South East Asia is mainly driven by increasing internet and mobile phone usage, high penetration of IoT as well as improved e-payment methods& logistics. According to an article by Inside Monkey, E-commerce growth in Southeast Asia stands out at an 20.6% expansion in 2022, with sales reaching $89.67 billion from $74.36 billion in 2021 and is expected to pass $100 billion by 2023. Ecommerce sites or mobile applications need to undergo different tests including functionality, usability, security, performance, database and mobile application. TIC services judge the authenticity of the websites by testing the design, specifications, functionalities and various features to check their sanity and to ensure the protection level of the sites against any potential threats. Such benefits of these services drive the growth of TIC services market in this region. Moreover, the E-commerce sector in this region witnessing increasing cases of fraud and cyber-attacks which enhances the demand for testing, inspection and certification services in this industry. In Southeast Asia, digital payment methods are becoming increasingly accepted by most businesses and services today. According to a recent Kaspersky research titled “Mapping a secure path for the future of digital payments in APAC” published in April 2022, e-payment are the top encountered threat for most Southeast Asia countries including Indonesia (40%), Malaysia (45%), The Philippines (42%), Singapore (32%), and Vietnam (38%). Thus, significant rise in number of e-payment frauds can cater to the demand for testing, inspection & certification services within the industry.

South East Asia TIC Market Segment Analysis- by Geography

Indonesia held the highest market share of 20.9% in 2023. The economy of Indonesia is majorly driven by exporting of crude oil and natural gas and holds well established manufacturing industry, agriculture, mining and others. According to U.S Energy Information Administration, the production of petroleum and other liquids totalled 887,000 barrels per day in Indonesia in 2022, making it the seventh-largest exporter of liquefied natural gas, thus creating significant opportunities for the growth of the TIC Market. The rising number of railway infrastructure projects can be considered vital in fueling the market demand for quality testing, electromagnetic testing, and related inspection services for rail components used in the construction process within the country. In January 2022, the Indonesian Government announced the construction of the multibillion-dollar railway project with an estimated cost of $7.9 billion. It will involve the deployment of signaling systems, rolling stocks, and many related components. Such projects are bound to drive the need for railway operators or authorities to meet up with the required regulatory compliance, which in turn, can be considered vital in transforming the South East Asia TIC industry outlook in the long run.

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South East Asia TIC Market Drivers

Rising Demand Towards Food Testing or Inspection due to Increasing Import/Export activities, Agricultural or Food Contamination, Food Safety Violation and Others is Surging the Demand for Testing, Inspection & Certification Services:

The increasing demand towards food testing owing to rising import/export activities, agricultural or food contamination, food safety violation and others is one of the major growth drivers boosting the adoption rate of testing, inspection & certification services in South East Asia. Food industry is considered as a highly regulated industry due to stringent regulatory compliance ensuring food quality assurance and safety for the consumers. The levels of product recalls owing to the presence of harmful ingredients or contamination or the undeclared presence of an allergen or not an approved additives are rising within the Southeast Asian nations. Moreover, the levels of agricultural trade (both export and import) are successively increasing owing to the population boost in various countries under scope, which will support the growth of the TIC market. As per World Bank 2021, the population of Philippines grew by 1.3% in the period of 2019-20. According to International Trade Administration July 2022 update, agricultural imports in Indonesia reached over $24 billion in 2021, owing to high demand for rice, wheat, soybeans, fresh fruits, dairy beef and various feed ingredients. The following marks an increase by $5 billion or 26% from 2020 import values. Furthermore, nearly 57.8% of the total import value regarding the agricultural products in the Indonesia market was dominated by five suppliers including China, Australia, U.S, Brazil as well as India. Such increase in imports can boost the adoption of food testing services which in turn can influence the market growth.

The Safety Regulations and Standards imposed by Global as well as regional government bodies for the enhancement of medical device safety measure is accelerating the growth of South East Asia TIC Market:

A major driver in the South East Asia TIC market is the implementation of stringent regulatory requirements across various industries. Governments in the region are increasingly adopting and enforcing rigorous standards to protect consumer safety, ensure product quality, and safeguard the environment. This regulatory landscape compels companies to adhere to strict testing, inspection, and certification protocols to gain market access and maintain competitiveness. The pharmaceutical and food industries, in particular, face heightened scrutiny, necessitating comprehensive TIC services to comply with health and safety standards. The automotive and electronics sectors also require extensive TIC processes to meet international export standards. The continuous update and tightening of regulations drive the demand for specialized and advanced TIC services, fostering market growth as companies strive to align with evolving compliance requirements.

The rising safety regulations and standards imposed by global as well as regional government bodies for the enhancement of medical device safety measure is creating demand for the TIC services which in turn triggers the growth of this market. The demand for Class III medical devices such as High-frequency ventilators, blood sampling monitors, oxygen supply units and so on have been growing overtime majorly amidst the pandemic as these devices are used to maintain or protect human life. Since these devices require licensed FDA approvals before distribution across countries, the market growth of TIC services is impacted significantly. Medical device testing is critical to the entire medical device development lifecycle to ensure the safety of patients and device users. In January 2021 the Philippines Food and Drug Administration (FDA) issued circular n° 2021-001 on the product standards to which Medical Devices must comply for notification or registration. The circular was issued so that local Manufacturers, Importers and/or Distributors must comply to obtain a certificate of Medical Device notification (CMDN) or a certificate of Medical Device registration (CMDR). In August 2021, FDA had released a list of Class-A 1242 product categories in its circular 2021-017, in order to support and clarify regulatory requirements for medical manufacturers looking for market access within Philippines. Under this, medical device manufacturers of Class A products specified under the ASEAN MDD, need to mandatorily obtain a Certificate of Medical Device Notification, (CMDN), before manufacturing, distribution, importing, selling, or advertising the medical devices within the country. Thus, rise in regulations and standards can boost the demand of testing, inspection & certification services among the medical device manufacturers.

South East Asia TIC Market Challenges 

Lower Level of Digital Adoption by the Key Players coupled with the Continued Impact of Bottlenecks in Trade Flows across South East Asia region owing to Shortage of Cargo Container are Limiting the Market Growth:

Low level of digital adoption coupled with continued impact of bottlenecks in trade flows acts as a major challenge restraining the market growth of TIC market in South East Asia. According to Rothchild & Co report published in May 2021, the testing-inspection-certification digital maturity substantially lags behind the other various end-user industries which shall pose problems in the long-run. Some of the common industries against which the TIC lacked under digital technology is energy, financial institutions, industrial goods, insurance, and telecommunications. Additionally, Shortage of shipping cargos, shipment cancellations, growing freight rates along with many others have emerged as some of the prime factors adversely impacting domestic manufacturing operations across various Southeast Asian countries owing to dependency on raw material imports within the country. According to Westports Holdings Berhad report, Malaysia faces a container throughput slipping 1% year on year to 10.4 million TEUs (20ft equivalent units) in 2021. Container throughput at Westports was down 10% y-o-y in 1Q2022, reaching 2.39 million TEUs versus 2.66 million TEUs handled in 1Q2021 which leads to supply chain disruption. These factors are limiting the demand for South East Asia TIC which in turn hampers the market growth.

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South East Asia TIC Industry Outlook

Product launches, acquisitions and R&D activities are key strategies adopted by players in the South East Asia TIC Market. The top 10 companies in the South East Asia TIC market are:

SGS SA

Bureau Veritas

Intertek

DNV GL

TUV SUD AG

ALS GLOBAL

DEKRA SE

Eurofins

Cast Laboratories PTE LTD

Singapore Laboratory Services PTE LTD

Recent Developments

In December 2022- Intertek, a leading Total Quality Assurance provider to industries, announced the launch of Intertek Green R&D, an innovative integrated solution that ensures the sustainability, quality and safety attributes of a product are maintained.

In June 2022- DNV launched the MyISRS digital self-assessment tool. The service is estimated to aid organizations to run an online independent high-level survey for quality assessing applications. Some of the key industries in South East Asia that can benefit from the service include oil and gas, chemicals, utilities, power generation, telecommunication, pharmaceutics, transport, food, and beverage, and maritime. 

[techninja]

Advanced Farming Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2022-2028

Introduction: Agriculture has been the backbone of human civilization since time immemorial. However, with the global population steadily increasing and resources becoming scarcer, the need for innovative farming techniques has become paramount. Advanced farming, also known as precision agriculture or smart farming, is emerging as a transformative solution to address these challenges. Leveraging cutting-edge technologies and data-driven approaches, advanced farming is revolutionizing the agricultural sector, boosting productivity, sustainability, and profitability. This article explores the remarkable growth and potential of the advanced farming market.

1. The Rise of Advanced Farming: Advanced farming encompasses a wide range of technologies and practices that optimize and automate various aspects of farming. These include precision machinery, remote sensing, drones, Internet of Things (IoT), artificial intelligence (AI), and data analytics. These technologies empower farmers to make informed decisions, improve resource management, optimize crop yields, reduce environmental impact, and enhance overall farm efficiency.

2. Key Market Drivers: Several factors are driving the growth of the advanced farming market. Firstly, the world's population is projected to reach 9.7 billion by 2050, necessitating a significant increase in food production. Advanced farming techniques offer a means to achieve higher crop yields, overcome resource constraints, and meet the rising demand for food.

Secondly, environmental concerns and the need for sustainable farming practices are pushing farmers to adopt advanced technologies. Precision agriculture allows for precise application of inputs such as water, fertilizers, and pesticides, minimizing waste and reducing the environmental impact of farming.

Furthermore, advancements in sensor technologies, connectivity, and AI algorithms have made advanced farming solutions more accessible and affordable. This has paved the way for small-scale farmers to adopt these technologies, fostering inclusive growth in the agricultural sector.

3. Market Segmentation: The advanced farming market can be segmented based on technology, offering, application, and geography. Technologies include guidance systems, remote sensing, variable rate technology, and telematics. Offerings comprise hardware (sensors, drones, GPS systems), software (analytics, farm management systems), and services (consulting, maintenance). Applications span crop monitoring, yield mapping, irrigation management, livestock monitoring, and farm labor management. Geographically, the market is witnessing growth across North America, Europe, Asia Pacific, and other regions.

4. Market Trends and Innovations: The advanced farming market is witnessing continuous innovation and the introduction of novel technologies. Drones equipped with multispectral cameras are enabling rapid crop monitoring and disease detection. AI-powered algorithms analyze vast amounts of data to provide real-time insights, enabling farmers to make data-driven decisions. Robotics and automation are transforming labor-intensive tasks such as harvesting, weed control, and seed planting. Blockchain technology is also being integrated into the supply chain to ensure traceability and transparency.

5. Challenges and Future Prospects: While the advanced farming market holds tremendous potential, there are challenges to overcome. Initial investment costs, technological complexity, and the need for skilled labor are hurdles that farmers must navigate. Additionally, data security and privacy concerns must be addressed to ensure trust and widespread adoption.

Nevertheless, the future of advanced farming looks promising. The integration of advanced technologies with farming practices will lead to increased productivity, reduced resource consumption, and minimized environmental impact. Governments, research institutions, and private companies are collaborating to accelerate research and development in this field, driving market growth and innovation.

Conclusion: The advanced farming market is poised to revolutionize agriculture by leveraging technology to address the challenges faced by the global food system. With the potential to enhance productivity, sustainability, and profitability, advanced farming offers a pathway to meet the rising demand for food while minimizing the environmental footprint of farming. As the market continues to expand and evolve, farmers and stakeholders must embrace these transformative technologies.

[imr1234]

Blockchain in Agriculture Market Share, Competitive Analysis and Industry Segments Poised for Strong Growth in Future 2028

Global Blockchain in Agriculture market was estimated at USD 254.12 million in 2021, and is anticipated to reach USD 3441.21 million by 2028, growing at a CAGR of 45.1%

A blockchain is a digital transaction ledger, prolonged by a network of multiple computing machines that are not depending on a trusted third party. Individual transaction data files (block) are managed through specific software platforms that allow the data to be transmitted, processed, stored, and represented in a human-readable form. Blockchain is one of the innovative technologies which is used in the agriculture and food supply chain which helps to stimulate market growth over the forecast period. Furthermore, according to Chang, Iakovou, and Shi 2019, blockchain in agriculture and food supply chain management is expected to grow at an annual growth rate of 87% and increase from $60.8 million in 2018 to $429.7 million by 2023. Commercial agriculture or agribusiness interest in blockchain technology is rapidly growing. Growing, companies are realizing how the rising technology's enhanced data management capabilities could create supply chain efficiencies and overcome friction in transactions.

Global Blockchain in Agriculture market included in this report are analysis of the impact of COVID-19 outbreak on the points influencing the market growth. Additionally, the Blockchain in Agriculture market by major key players, by type, by application and by major region, breaks down the outlook, business assessment, competitive scenario, trends and forecasts by upcoming years. The study of the Report is conducted on the basis of an important research methodology which provides an analytical examination of the global market on the basis of the various segments which have been marginalized by the industry as a summary and pre-scale of the market due to their different prospects

Read More: https://introspectivemarketresearch.com/reports/blockchain-in-agriculture-market/

[sarabarratt]

Blockchainin Agriculture And Food Supply Chain Market -overview on Ongoing Trends 2027

Blockchainin Agriculture And Food Supply Chain Market Report gives admittance to the examination approach, industry investigation, esteem chain examination and market examination by item, application and geology for the Blockchainin Agriculture And Food Supply Chain business around the world. The industry size regarding income (USD MN) is determined and accommodated the examination period alongside the elements of the market, for example, the drivers and the restrictions for the estimated period from 2021 to 2027.

The far reaching esteem chain examination of the Blockchainin Agriculture And Food Supply Chain market will help with achieving better item separation, alongside point by point comprehension of the center competency of every movement included. The market engaging quality examination gave in the report appropriately gauges the possible estimation of the market furnishing business planners with the most recent development openings.

Browse the complete Global Blockchainin Agriculture And Food Supply Chain Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2027 @ https://www.crystalmarketresearch.com/report-sample/OI0215504

The report also covers the complete competitive landscape of the global Blockchainin Agriculture And Food Supply Chain market with company profiles of key players such as: :

IBM Corporation

Microsoft

SAP SE

Ambrosus

arc-net

OriginTrail

Ripe Technology INC

VeChain Foundation

Project Provenance Ltd

Chainvine Limited

Blockchain In Agriculture And Food Supply Chain Market

Continue...

The Blockchainin Agriculture And Food Supply Chain report characterizes the market into various sections. These sections are concentrated in detail consolidating the market gauges and figures at territorial and nation level. The fragment investigation is valuable in understanding the development territories and likely chances of the market.

Blockchainin Agriculture And Food Supply Chain Report Content Highlights:

Blockchainin Agriculture And Food Supply Chain World Market Review

Market rivalry from players and makers

serious climate

Creation, gauge of deals by type and application

Provincial investigation

Investigation of the modern chain

Gauge of the world market Blockchainin Agriculture And Food Supply Chain

This Blockchainin Agriculture And Food Supply Chain report covers key components, for example, market patterns, piece of the overall industry, size, and perspectives that are driving the development of the organizations working in the market to help perusers execute beneficial techniques to quicken their business development. This report likewise dissects development, market size, key sections, piece of the overall Blockchainin Agriculture And Food Supply Chain industry, applications, key drivers, and limitations.

Prominent Points in Blockchainin Agriculture And Food Supply Chain Market Businesses Segmentation:

Blockchain In Agriculture And Food Supply Chain Market, ByOrganization Size, Estimates and Forecast, 2016-2027 ($Million)

Large Enterprises

Small and Medium-Sized (SMEs) Enterprises

Blockchain In Agriculture And Food Supply Chain Market, By Application, Estimates and Forecast, 2016-2027 ($Million)

Product Traceability

Payment and Settlement

Smart Contracts

Governance and Risk Management

Blockchain In Agriculture And Food Supply Chain Market

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Table of Contents

Report Overview : The report outline incorporates considering the Blockchainin Agriculture And Food Supply Chain market scope, driving players, market fragments and sub-portions, market investigation by type, application, geology, and the excess parts that shed light on the outline of the market.

Leader : The report sums up about Blockchainin Agriculture And Food Supply Chain market patterns and offers, market size investigation by district, and nations. Under market size examination by locale, investigation of piece of the pie, and development rate by district is given.

Profiles of International Players : This part additionally profiles a portion of the significant players working in the Global Blockchainin Agriculture And Food Supply Chain Market, in view of different factors, for example, the organization outline, income, item offering (s), key turn of events (s), business methodologies, Porter's five powers examination, and SWOT investigation.This section of the Blockchainin Agriculture And Food Supply Chain Market report clarifies about the development plans of the main players, M&A, venture examination, financing, organization foundation dates, incomes of makers, and the districts served

Territorial Study : The areas and nations referenced in this examination study have been considered dependent available size by application, item, vital participants, and Blockchainin Agriculture And Food Supply Chain market conjecture.

By Regions:

North America Region

Europe Region

Asia-Pacific Region

South America Region

The Middle East & Africa Region

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Crystal Market Research

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Premier Suite, Mont Kiara, 50480 Kuala

Lumpur, Malaysia

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[researchnesterreports]

Global Blockchain in Agriculture Market to Witness Growth by a CAGR of 35% throughout 2022 – 2030

Research Nester published a report titled “Blockchain in Agriculture Market: Global Demand Analysis & Opportunity Outlook 2030” which delivers detailed overview of theglobalblockchain in agriculture market in terms of market segmentation by type, application, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The globalblockchain in agriculture market is anticipated to attain a CAGR of ~35% over the forecast period, i.e., 2022 – 2030. The market is segmented on the basis of application into product tracking, payment & settlement, governance & management, and others out of which, the governance & management segment is anticipated to hold the largest market share over the forecast period owing to the escalating organization of the agriculture sector and need for the management of fair payments, deals, and services.

Download Sample of This Strategic Report: https://www.researchnester.com/sample-request-3416

The globalblockchain in agriculture market is estimated to grow on the back of rapid adoption of blockchain technology among various end-users, such as, BFSI and IT & Telecom. The increasing acceptance of blockchain in the food industry, backed by initiatives taken by major blockchain technology players, is estimated to boost the market growth. For instance, Arc-Net, a leading market player in the blockchain technology conducted a seminar explaining the applications of blockchain in agriculture. Advantages of blockchain in agriculture, such as, raised consumer awareness and full transparency are estimated to further boost the market growth.

On the basis of geographical analysis, the global blockchain in agriculture market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in North America region to garner the largest market share over the forecast period, owing to the presence of major market players, along with higher adoption of blockchain technology.

The research was global in nature and conducted in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa). In addition, areas like Market size, Y-O-Y growth & Opportunity Analysis, market players competitive study, investment opportunities, demand for future outlook etc. have been covered and displayed in the research report to ensure it dives deep to achieve strategic competitive intelligence in the segment.

Growing Need for Organized Agriculture Sector to Propel the Market Growth

With growing urbanization worldwide, there is a rising need for organized agriculture sector, so that businesses can enhance their profits as well as to provide a greater customer experience to individuals. The adoption of blockchain in agriculture provides various advantages, such as, security, availability of complete information, tracing deals, and proper management, which helps to align the business functions. This is estimated to boost the market growth.

“The Final Report will cover the impact analysis of COVID-19 on this industry.”

Download/Request Sample Copy of Strategic Report:  https://www.researchnester.com/sample-request-3416

However, the lack of organized infrastructure in the agriculture sector is expected to operate as key restraint to the growth of the globalblockchain in agriculture market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global blockchain in agriculture market which includes company profiling of SAP America, Provenance Limited, OriginTrail d.o.o., AMBROSUS Inc., Advanced Research Cryptography Ltd., Microsoft, TE-FOOD International GmbH., IBM, Full Profile Pty Ltd, Chainvine, and others. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the globalblockchain in agriculture market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

Read More Information@ https://www.researchnester.com/reports/blockchain-in-agriculture-market/3416

About Research Nester

Research Nester is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties.

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AJ Daniel

Email: info@researchnester.com

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[prabha194]

Smart Container Market Opportunity Assessment, Market Challenges, Key vendor analysis, Vendor landscape by 2027

According to the new research report published on “Smart Container Market — Global Analysis and Forecast to 2027”, the global smart container market is expected to reach US$ 11.29 Bn in 2027, registering a CAGR of 20.8% during the forecast period 2019-2027.

The box industry is witnessing huge growth over the last few years. The technological companies and smart containers manufacturers integrate cutting-edge technology and IoT sensors into a logistics supply chain on the blockchain. Automotive, agriculture, food & beverage, consumer electronics, oil & gas, healthcare, and chemicals, among others, are some of the major users of smart containers globally. Domestics and overseas trade of goods such as consumer goods, oil, food items, drugs & medicines, and many more owing to rising customers demand from diversified industries. In the food industry, demand for processed, semi-processed, frozen, and organic food products is high globally. In pharmaceutical, the transportation of drugs is increasing owing to initiatives regarding drug discovery. Similarly, in the oil & gas industry, the trade business of oil is an increase across the world.

Factors such as rising demand for packaged food and perishable foods, growth of international trade due to trade liberalization, and development of retail food chains have resulted in an upward trend in the food & beverage industry. The US, China, India, and Brazil are the major countries responsible for food-producing. The pharma sector is another crucial user of smart containers due to the rising need for medicines, vaccines, and drugs globally. In the current scenario, pharmaceutical across the globe is witnessing huge investments from government bodies. For storing and keeping the quality of drugs, medicines, and enzymes, the use of smart containers is high across the globe.

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There has been a gradual shift in the choice of the people from the traditional homemade food to the readymade, and ready to cook and ready to drink type of packaged products. Various types of packed products such as dairy, chocolates, chopped vegetables, and beverages are demanded in Asian market. The pharmaceutical industry in the Asian market is also booming. Countries such as India have the potential to grow their pharma sector. Indian Pharmaceutical Alliance (IPA) has taken some steps to change the outlook of the pharma. The alliance aims to make India the largest supplier of drugs across the world, the roll-out of High-quality and low price medicines & drugs for patients. Such an alliance would assist the Indian pharma sector to grow.

Key findings of the study:

Europe held the largest market in 2018 in the smart container market. China led the smart container market in the region. The opportunities for the exporters in this sector occurs for products such as wine, dairy, pasta, beer, chocolate, and high-end confectionery, pre-packaged biscuits and snacks, breakfast cereal, pasta sauces, coffee, and meats, as well as baby food and more. Demand for such wide range of food items is expected to grow the business of smart containers market.

The global smart container market is anticipated to witness impressive growth during the forecast period, as Need to have smart containers in business trade is more to ensure the proper delivery of goods at the customer’s location. The smart containers exhibit features of humidity variations, movement & status, shock detection, door opening, and Geofencing capabilities. During the forecast period of 2019 to 2027, hardware is expected to drive the demand for smart container worldwide. GPS by technology in 2018 led the smart container market, whereas long range WAN is expected to be the fastest-growing technology during the forecast period 2019-2027 growing at a high CAGR value.

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us: Contact Person: Sameer Joshi  Phone: +1-646-491-9876