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Global IoT Market in Livestock Management 2017-2021

  • Published: Nov 2017
  • Pages: 86
  • SKU: IRTNTR15437
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This industry research report identifies Cisco Systems, IBM, KaaIoT Technologies, Oracle, and Trimble as the key vendors in the global IoT market in livestock management. This industry research report also presents a comprehensive analysis of the market by product (hardware, software, and services), by application (milk harvesting, health and wellness, feeding, breeding, and others), and by geography (Americas, APAC, and EMEA).

Overview of the global IoT market in livestock management

With the advent of smartphones and applications, data is collected and visualized and plays a pivotal role in data monitoring. Technavio’s market study identifies increasing adoption of smartphones and applications as one of the primary growth factors for IoT market in livestock management. Farmers are depending on the advancement of technologies to monitor the data at remote locations and are attaining maximum productivity. The fast growth of mobile and wireless technology, triggers livestock efficiency and helps business in reducing costs related to food and power. Our market research analysts estimate that this market will grow steadily at a CAGR of more than 12% by 2021.

The use of big data in livestock management will be one of the key trends contributing to the growth of the IoT market in livestock management. Big data is gaining popularity in livestock management. For better wireless in-field communication, functional safety, and repair and maintenance information to realize unified interfaces, Big data is growing in demand in livestock management. Data collected from the observation of animals, grazing fields, environment, digital maps of land surfaces, and automated systems will significantly contribute in planning the livestock management for better productivity.

Competitive landscape and key vendors

The IoT market in livestock management is concentrated due to the presence and dominance of few key players such as Cisco Systems, IBM, KaaIoT Technologies, Oracle, and Trimble. Manufacturers and established sellers focus on sales of hardware products like sensors, collars, RFID tags, ear tags, gateways, and routers. The major reasons for stiff competition among the vendors in the IoT market in livestock management are the need for an increase in productivity, and limited grazing lands and water resources. In the recent times, few start-up companies are trying to enter the market and merge with other players for the development of this market.

The leading vendors in the market are-

  • Cisco Systems
  • IBM
  • KaaIoT Technologies
  • Oracle
  • Trimble

The other prominent vendors in the market are Afimilk, Allflex, BouMatic, CEMA, eCow Devon, GEA Group, IceRobotics, Libelium, Link Labs, Medria, Nokia Solutions and Networks, OnFarm, ROXAN, SenseGrow, Softweb Solutions, Stellapps, Sum-It Computer Systems, and Valley Agricultural Software.

 

Segmentation by product type and analysis of the IoT market in livestock management

  • Hardware
  • Software
  • Services

The hardware segment accounts for the highest market share in terms of revenue in the livestock management IoT market and it is expected to grow progressively during the forecast period. For the improvement in the degree of connectivity between control systems and communication devices, it is essential to adopt wireless connectivity and integrate IoT. Moreover, modernization in software technology, remote monitoring, and cloud computing with the combination of mobile apps, provide information on the livestock management. This will in turn, fuel the market’s growth prospects in the coming years.

Segmentation by geography and analysis of the IoT market in livestock management

  • Americas
  • APAC
  • EMEA

The market study estimates that in terms of geographic regions, EMEA will be the major revenue contributor to this market throughout the forecast period. With the increasing adoption of hardware and software, the growth momentum is rapid in this region. The development in automatic alerts based on behavior, temperature, weather, and parasite monitoring helps in triggering the demand for the IoT market in livestock management in this region.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global IoT market in livestock management?
  • What are the key market trends impacting the growth of the global IoT market in livestock management?
  • What are the challenges to global IoT market in livestock management?
  • Who are the key vendors in the market?
  • What are the market opportunities and threats faced by the vendors in the global IoT market in livestock management?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global IoT market in livestock management?
Read More Read Less

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

  • Market outline

PART 05: MARKET LANDSCAPE

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: MARKET SEGMENTATION BY APPLICATION

  • Market overview
  • Global IoT market in livestock management by milk harvesting
  • Global IoT market in livestock management by health and wellness
  • Global IoT market in livestock management by feeding
  • Global IoT market in livestock management by breeding
  • Global IoT market in livestock management by other applications

PART 07: MARKET SEGMENTATION BY PRODUCT

  • Market overview
  • Global IoT market in livestock management by hardware products
  • Global IoT market in livestock management by software products
  • Global IoT market in livestock management by services

PART 08: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • EMEA – Market size and forecast
  • Americas – Market size and forecast
  • APAC – Market size and forecast
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Big data in livestock management
  • Predictive analytics for livestock management
  • Growing adoption of wearable devices in developing economies

PART 12: VENDOR LANDSCAPE

  • Competitive scenario
  • Other prominent vendors

PART 13: KEY VENDOR ANALYSIS

  • Cisco Systems
  • IBM
  • KaaIoT Technologies
  • Oracle
  • Trimble

PART 14: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
Technavio

TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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