Smart Farming Market Analysis (2018-2022)

1. GLOBAL SMART FARMING MARKET Focus on Solution (Hardware Systems, Software, Services), Application (Precision Crop Farming, Livestock Monitoring & Management, Indoor Farming, and Aquaculture) and Agricultural Robots – Analysis and Forecast (2018-2022) Key Questions Answered in the Report: MORE THAN 100 COMPANIES RESEARCHED ACROSS THE VALUE CHAIN • What is the global smart farming market size in terms of revenue from 2017-2022 along with the growth rate during the forecast period 2017-2022? • Whatistherevenuegeneratedbythedifferentsolutionssuchashardwaresystems, software,andservicesforsmartfarmingmarket? • Whatisthemarketsizeofsmartfarmingsolutionsfordifferentapplicationsincluding precisioncropfarming,livestockmonitoring&management,indoorfarming,aquaculture, METICULOUS COMPILATION OF MORE THAN 700 RESEARCH HOURS and others? • What is the smart farming market size for different regions on the basis of various solutions and applications? • What are the key trends and opportunities in the market pertaining to countries included indifferentgeographicalregions? EXCLUSIVE INSIGHTS FROM IN-DEPTH EXPERT INTERVIEWS • Howattractiveisthemarketfordifferentstakeholderspresentintheindustrybyanalyzing the futuristic scenario of smart farming? • What are the major driving forces that tend to increase the demand for smart farming during the forecast period? CONTAINS 93 MARKET DATA TABLES AND 203 FIGURES SPREAD ACROSS 360 PAGES • What are the major challenges inhibiting the growth of the global smart farming market? • What kind of new strategies is being adopted by the existing market players to expand their market position in the industry? • What is the competitive strength of the key players in the smart farming market by analyzingtheirrecentdevelopments,productofferingsandregionalpresence? • How are agricultural robots transforming the contemporary farming practices? 1 www.bisresearch.com  sales@bisresearch.com

2. TABLE OF CONTENTS RESEARCH SCOPE & METHODOLOGY • Drivers • Restraints • Opportunities VIEW COMPLETE TABLE OF CONTENTS ■Scope of the Report • KeyMarketDevelopments&Strategies • Market Share Analysis ■ Global Smart Farming Market Research Methodology • Industry Attractiveness • Opportunity Matrix COMPANY PROFILES • Hardware Systems • Automation and Control Systems • Sensing and Navigation Systems • Indoor Farming Equipment • Other Hardware Systems • Software • On-Cloud Delivery Model • On- Premise Delivery Model • Services • Integration and Deployment • Maintenance and Support • Others Services ■Precision Crop Farming ■Ag Leader Technology ■AGCO Corporation MARKET DYNAMICS ■CNH Industrial ■Deere&Company ■Dickey-JOHN COMPETITIVE LANDSCAPE ■Raven Industries • Agricultural Robots in Global Smart Farming Market (by Type) • UnmannedAerial Vehicles(UAVs)/ Drones • Milking Robots • Harvesting and Picking Robots • Others • Agricultural Robots in Global Smart Farming Market (by Application) • Crop Management • Dairy Farm Management • Soil Management • Irrigation Management • Others ■SST Development Group Inc ■The Climate Corporation INDUSTRY ANALYSIS ■Topcon Corporation ■Trimble Inc. ■Livestock Monitoring and Management GLOBAL SMART FARMING MARKET (BY SOLUTION) ■AfimilkLtd. ■AllflexUSAInc. ■Boumatic LLC AGRICULTURAL ROBOTS IN GLOBAL SMART FARMING MARKET ■Dairymaster Fertility Monitoring • Others • Indoor Farming • HVAC Management • Lighting Management • Plant Development Monitoring • Others • Aquaculture • Feed Management • AquaticSpecies Tracking and Navigation • Water Quality Management • Others • Others • Precision Crop Farming • Precision Irrigation • Yield Monitoring and Forecasting • Variable Rate Application • Crop Scouting • Record Keeping • Others • Livestock Monitoring and Management • Milk Harvesting • Animal Health Monitoring and Comfort • Feeding Management • Heat Stress and ■DeLaval ■Fullwood Ltd. GLOBAL SMART FARMING MARKET (BY APPLICATION) ■Indoor Farming ■Cree Inc. ■General Hydroponics ■Osram Licht AG GLOBAL SMART FARMING MARKET (BY REGION) ■Signify Holding ■Aquaculture ■AKVA Group ASA ■Eruvaka Technologies ■XpertSea ■Agricultural Robotics (Exclusive) ■3D Robotics ■DJI Innovations • Rest of the World (by Application) • Rest of the World (by Country) • Brazil • Argentina • Israel • South Africa • Others • Japan • Australia and New Zealand • India • South Korea • Thailand • Rest of Asia- Pacific • Europe by (by Solution) • Europe by (by Application) • Europe by (by Country) • Germany • U.K. • France • Italy • Spain • Netherlands • Rest of Europe • North America • North America (by Solution) • North America (by Application) • North America (by Country) • U.S. • Canada • Mexico • Europe • Asia-Pacific • Asia-Pacific(by Solution) • Asia-Pacific(by Application) • Asia-Pacific(by Country) • China • Rest of the World • Rest of the World (by Solution) 2 www.bisresearch.com  sales@bisresearch.com

3. LIST OF TABLES 30 Agricultural Robots in Global Smart Farming Market(byApplication),2017-2022 1 Analyzing the Threat of New Entrants 2 Analyzing Bargaining Power of Buyers 31 Driverless Tractors by Leading Companies for Smart Farming 3 Analyzing the Bargaining Power of Suppliers 4 Analyzing the Threat from Substitutes 32 GlobalSmartFarmingMarket(byApplication), 2017-2022 5 Analyzing the Intensity of Competitive Rivalry 6 GlobalSmartFarmingMarket(bySolution), 2017-2022 33 Precision Crop Farming in Global Smart Farming Market,2017-2022 7 Hardware Systems in Global Smart Farming Market(byType),2017-2022 34 Precision Irrigation Products Launched by Key Companies 8 Displays/YieldMonitorsbyKeyCompanies 35 Yield Monitoring and Forecasting Products by Key Companies 9 Flow and Application Rate Control Valves by Key Companies 36 Variable Rate Application Products by Key Companies 10 HandheldComputers/MobileDevicesbyKey Companies 37 Crop Scouting Products by Key Companies 11 Agricultural Cameras by Key Companies 38 Record Keeping Products by Key Companies 12 Other Automation and Control Systems by Key Companies 39 Other Precision Crop Farming Products by Key Companies 13 Sensing Systems by Key Companies 40 Livestock Monitoring and Management in Global SmartFarmingMarket,2017-2022 14 GPS/GNSSSystemsbyKeyCompanies 41 Milk Harvesting Systems and Services by Key Companies 15 Guidance and Steering Systems by Key Companies 42 Animal Health Monitoring and Comfort Systems and Services by Key Companies 16 RFID Tags and Readers by Key Companies 17 Climate Control Systems by Key Companies 43 Feeding Management Solutions by Key Companies 18 LED Grow Lights by Key Companies 19 OtherIndoorFarmingEquipmentbyKey Companies 44 Heat Stress and Fertility Monitoring Solutions by Key Companies 20 Other Hardware Systems by Key Companies 45 IndoorFarminginGlobalSmartFarmingMarket, 2017-2022 21 Software by Key Companies 46 HVAC Management Solutions by Key Companies 22 Software in Global Smart Farming Market (by DeliveryModel),2017-2022 47 Lighting Management Solutions by Key Companies 23 SmartFarmingServicesOfferedbyKey Companies 48 Plant Development Monitoring Solutions by Key Companies 24 ServicesinGlobalSmartFarmingMarket,(by Type),2017-2022 49 Other Indoor Farming Solutions by Key Companies 25 Agricultural Robots in Global Smart Farming Market,(byType),2017-2022 50 AquacultureinGlobalSmartFarmingMarket, 2017-2022 26 UAVs/DronesbyLeadingCompaniesforSmart Farming 51 Feed Management Solutions by Key Companies 27 Milking Robots by Leading Companies for Smart Farming 52 AquaticSpeciesTrackingandNavigation Solutions by Key Companies 28 Harvesting and Picking Robots by Leading Companies for Smart Farming 53 Water Quality Management Solutions by Key Companies 29 Other Agricultural Robots by Leading Companies for Smart Farming 54 OtherAquacultureSolutionsbyKeyCompanies 55 Products in Other Application Areas in Smart 3 www.bisresearch.com  sales@bisresearch.com

4. 88 Signify Holding: Product Portfolio Farming Market 89 AKVA Group: Product Portfolio 56 GlobalSmartFarmingMarket(byRegion),2017- 2022 90 Product Portfolio: Eruvaka Technologies 57 North America Smart Farming Market (by Solution),2017-2022 91 Product Portfolio: XpertSea 92 3D Robotics: Product Portfolio 58 North America Smart Farming Market (by Application),2017-2022 93 DJI Innovations: Product Portfolio 59 North America Smart Farming Market (by Country),2017-2022 60 EuropeSmartFarmingMarket(bySolution), 2017-2022 61 EuropeSmartFarmingMarket(byApplication), 2017-2022 62 EuropeSmartFarmingMarket(byCountry), 2017-2022 63 Asia-PacificSmartFarmingMarket(bySolution), 2017-2022 64 Asia-PacificSmartFarmingMarket(by Application),2017-2022 65 Asia-PacificSmartFarmingMarketbyCountry, 2017-2022 66 Rest-of-the-World (RoW) Smart Farming Market (bySolution),2017-2022 67 Rest-of-the-World (RoW) Smart Farming Market byApplication,2017-2021 68 RoWSmartFarmingMarketbyCountry,2017- 2022 69 AgLeader Technology : Product Portfolio 70 AGCO Corporation: Product Portfolio 71 CNH Industrial: Product Portfolio 72 Deere and Company: Product Portfolio 73 DICKEY-John : Product Portfolio 74 Raven Industries Inc.: Product Portfolio 75 SST Development Group : Product Portfolio 76 The Climate Corporation : Product Portfolio 77 Topcon Corporation: Product Portfolio 78 Trimble Inc.: Product Portfolio 79 AfimilkLtd.:ProductPortfolio 80 AllflexInc.:ProductPortfolio 81 Boumatic LLC: Product Portfolio 82 Dairymaster: Product Portfolio 83 DeLaval: Product Portfolio 84 Fullwood Ltd.: Product Portfolio 85 Cree Inc.: Product Portfolio 86 Product Portfolio: General Hydroponics 87 Osram Licht AG: Product Portfolio 4 www.bisresearch.com  sales@bisresearch.com

5. LIST OF FIGURES 1 Macroeconomic Trends Impacting the Farming Industry Growth 26 SoftwareProvidersMarketShareAnalysis,2017 27 Market Share Analysis of Leading Companies in Global Livestock Monitoring and Management Market,2017(%) 2 Drivers and Restraints-Global Smart Farming Market 3 Global Smart Farming Market Snapshot 28 Porter’s Five Forces Analysis for the Smart Farming Market 4 GlobalSmartFarmingMarket(bySolution), 2017 and 2022 29 Global Smart Farming Market Opportunity Matrix,(byRegion),2017-2022 5 GlobalSmartFarmingMarket(byApplication), $Million 2017-2022 30 Global Smart Farming Market (by Solution) 6 GlobalSmartFarmingMarket(byRegion),2017- 2022 31 GlobalSmartFarmingMarket(bySolution), 2017,2018,and2022 7 GlobalSmartFarmingMarket(byCountry), 2017-2022 32 Hardware Systems in Global Smart Farming Market,2017-2022 8 Agricultural Robots in Global Smart Farming Market(byTypeandbyApplication),2017and 2022 33 Hardware Systems in Global Smart Farming Market(byType),2017,2018and2022 34 AutomationandControlSystems(byType), 2017-2022 9 Market Dynamics 10 Impact Analysis of Drivers 35 Hardware Systems in Global Smart Farming Market(AutomationandControlSystems), 2017-2022 11 GlobalAverageYield(byCropTypes),2001, 2006,2011,and2016(hectogramme/hectare) 36 SensingandNavigationSystems(byType), 2017-2022 12 Role of ICT in Farming 13 Mean Temperature Change of Meteorological Year,1961-2017(DegreeCelsius) 37 Hardware Systems in Global Smart Farming Market(SensingandNavigationSystems), 2017-2022 14 Projected Annual Growth Rate of Total Livestock Production,2015-2030 38 IndoorFarmingEquipment(byType),2017-2022 15 GlobalDairyCowNumbers,2011-2014 39 Hardware Systems in Global Smart Farming Market(IndoorFarmingEquipment),2017-2022 16 Impact Analysis of Restraints 17 Contributionof3DPrintingApplications,2017 and 2022 40 Other Hardware Systems Market in Global Smart FarmingMarket,2017-2022 18 Applications of Blockchain Technology in Agriculture 41 SoftwareinGlobalSmartFarmingMarket,2017- 2022 19 Strategies Adopted by the Key Players 42 SoftwareinGlobalSmartFarmingMarket,By DeliveryType2017,2018and2022 20 Share of Key Market Strategies and Developments 43 Advantages of On-Cloud Delivery Model 21 Product Launches and Development Share (by Companies) 44 Advantages of On-Premise Delivery Model 45 ServicesinGlobalSmartFarmingMarket,2017- 2022 22 Business Expansion and Contracts Share (by Companies) 46 Services in Global Smart Farming Market (by Type),2017-2022 23 Partnerships,Collaborations,andJointVentures Share (by Companies) 47 ServicesinGlobalSmartFarmingMarket,(by Type)2017,2018and2022 24 MergersandAcquisitionsShare(byCompanies) 25 Hardware Systems Manufacturers Market Share Analysis,2017 48 Services in Global Smart Farming Market (IntegrationandDeployment),2017-2022 5 www.bisresearch.com  sales@bisresearch.com

6. 49 Services in Global Smart Farming Market (MaintenanceandSupport),2017-2022 74 Livestock Monitoring and Management in Global SmartFarmingMarket,2017,2018,and2022 50 Services in Global Smart Farming Market (Others),2017-2022 75 Performance Factors of Milk Harvesting System 76 Livestock Monitoring and Management in Global Smart Farming Market (Milk Harvesting Application),2017-2022 51 Agricultural Robots in Global Smart Farming Market,2017-2022 52 Opportunities and Challenges for Agricultural Robots 77 GlobalMilkProduction,2013-2016 78 Dairy Cow Population and Production in Key Economies,2015 53 Agricultural Robots in Global Smart Farming Market,2017-2022 79 Livestock Monitoring and Management in Global Smart Farming Market (Animal Health Monitoring andComfort),2017-2022 54 Agricultural Robots in Global Smart Farming Market(byType),2017,2018,and2022 55 KeyTypesofUAV/Drone 80 Livestock Monitoring and Management in Global SmartFarmingMarket(FeedingManagement), 2017-2022 56 MajorApplicationsofUAV/DroneforSmart Farming 81 AdvantagesofLiquidFeedingSystemOverDry Feeding Systems 57 BenefitsofMilkingRobots 58 Agricultural Robots in Global Smart Farming Market(byApplication),2017-2022 82 Livestock Monitoring and Management in Global Smart Farming Market (Heat Stress and Fertility Monitoring),2017-2022 59 Agricultural Robots in Smart Farming Market (by Application),2017,2018,and2022 83 Livestock Monitoring and Management in Global SmartFarmingMarket(Others),2017-2022 60 Advantages of Driverless Tractors in Farming 61 Global Smart Farming Market (by Application Areas),2017-2022 84 IndoorFarmingApplicationArea(byType), 2017-2022 62 GlobalSmartFarmingMarket(byApplication), 2017,2018,and2022 85 IndoorFarminginGlobalSmartFarmingMarket, 2017,2018,and2022 63 Precision Crop Farming Application Area (by Type),2017-2022 86 Indoor Farming in Global Smart Farming Market (HVACManagement),2017-2022 64 Precision Crop Farming in Global Smart Farming Market,2017,2018,and2022 87 Indoor Farming in Global Smart Farming Market (LightingManagement),2017-2022 65 Precision Crop Farming in Global Smart Farming Market(PrecisionIrrigation),2017-2022 88 Indoor Farming in Global Smart Farming Market (PlantDevelopmentMonitoring),2017-2022 66 Precision Crop Farming in Global Smart Farming Market(YieldMonitoringandForecasting),2017- 2022 89 Indoor Farming in Global Smart Farming Market (Others),2017-2022 90 AquacultureApplicationArea(byType),2017- 2022 67 Precision Crop Farming in Global Smart Farming Market(VariableRateApplication),2017-2022 91 AquacultureinGlobalSmartFarmingMarket, 2017,2018,and2022 68 Precision Crop Farming in Global Smart Farming Market(CropScouting),2017-2022 92 AquacultureinGlobalSmartFarmingMarket (FeedManagement),2017-2022 69 Importance of Record Keeping 70 Types of Records to be Kept 93 AquacultureinGlobalSmartFarmingMarket (AquaticSpeciesTrackingandNavigation), 2017-2022 71 FPrecision Crop Farming in Global Smart Farming Market(RecordKeeping),2017-2022 94 AquacultureinGlobalSmartFarmingMarket (WaterQualityManagement),2017-2022 72 Precision Crop Farming in Global Smart Farming Market(Others),2017-2022 95 AquacultureinGlobalSmartFarmingMarket (Others),2017-2022 73 Livestock Monitoring and Management ApplicationArea(byType),2017-2022 6 www.bisresearch.com  sales@bisresearch.com

7. 96 GlobalSmartFarmingMarket,MarketShareand CAGR (by Region) employment)inChina,1991and2017 124 ChinaSmartFarmingMarket,2017-2022 97 NorthAmericaSmartFarmingMarket,2017- 2022 125 JapanSmartFarmingMarket,2017-2022 126 Australia and New Zealand Smart Farming Market,2017-2022 98 North America Smart Farming Market (by Solution),2017,2018,and2022 127 LandunderCultivationinIndia,2010-2013 99 North America Smart Farming Market (by Application),2017-2022 128 IndiaSmartFarmingMarket,2017-2022 129 SouthKoreaSmartFarmingMarket,2017-2022 100 North America Smart Farming Market (by Country),2017-2022 130 ThailandSmartFarmingMarket,2017-2022 101 SmartphoneMarketPenetrationintheU.S., 2012-2016(%) 131 Rest-of-Asia-PacificSmartFarmingMarket, 2017-2022 102 TheU.S.SmartFarmingMarket,2017-2022 132 Rest-of-the-World(RoW)SmartFarmingMarket, 2017-2022 103 Average Farm Size and the Number of Farms in Canada,2006,2011,and2016 133 Rest-of-the-World (RoW) Smart Farming Market (bySolution),2017-2022 104 CanadaSmartFarmingMarket,2017-2022 134 Rest-of-the-World (RoW) Smart Farming Market byApplication,2017-2022 105 MexicoSmartFarmingMarket,2017-2022 106 EuropeSmartFarmingMarket,2017-2022 135 BrazilSmartFarmingMarket,2017-2022 107 Europe Smart Farming Market (by Solution) 2017,2018,and2022 136 ArgentinaSmartFarmingMarket,2017-2022 137 IsraelSmartFarmingMarket,2017-2022 108 EuropeSmartFarmingMarket(byApplication), 2017-2022 138 SouthAfricaSmartFarmingMarket,2017-2022 109 EuropeSmartFarmingMarket(byCountry), 2017-2022 139 OtherCountriesofRoWSmartFarmingMarket, 2017-2022 110 Adoption Rate of Agricultural Innovations (by GermanFarmers),2016(%) 140 Share of Key Companies 141 Ag Leader Technology: SWOT Analysis 111 GermanySmartFarmingMarket,2017-2022 142 AGCOCorporation:OverallFinancials,2015- 2017 112 TheU.K.SmartFarmingTechnologyAdoption Curve 143 AGCOCorporation:NetRevenue(byRegion), 2015-2016 113 TheU.K.SmartFarmingMarket,2017-2022 114 FranceSmartFarmingMarket,2017-2022 144 AGCOCorporation:NetRevenue(byRegion), 2017 115 ItalySmartFarmingMarket,2017-2022 145 AGCO Corporation: Net Revenue by Business Segment,2015-2017 116 SpainSmartFarmingMarket,2017-2022 117 TheNetherlandsSmartFarmingMarket,2017- 2022 146 AGCO Corporation: SWOT Analysis 147 CNHIndustrial:OverallFinancials,2015-2017 118 Rest-of-EuropeSmartFarmingMarket,2017- 2022 148 CNHIndustrial:NetRevenue(byRegion),2015- 2017 119 Asia-PacificSmartFarmingMarket,2017-2022 149 CNH Industrial: Net Revenue by Business Segment,2015-2017 120 Asia-PacificSmartFarmingMarket(bySolution), 2017-2022 150 CNH Industrial: SWOT Analysis 121 Asia-PacificSmartFarmingMarket(by Application),2017-2022 151 DeereandCompany:OverallFinancials,2015- 2017 122 Asia-PacificSmartFarmingMarket(byCountry), 2017-2022 152 DeereandCompany:NetRevenue(byRegion), 2015-2017 123 Employment in Agriculture (Percentage of total 7 www.bisresearch.com  sales@bisresearch.com

8. 153 Deere and Company: Net Revenue by Business Segment,2015-2017 184 Osram Licht AG: Net Revenue by Business Segment,2015-2017 154 Deere and Company: SWOT Analysis 185 Osram Licht AG: SWOT Analysis 155 DICKEY-John: SWOT Analysis 186 SignifyHolding:OverallFinancials,2015-2017 156 RavenIndustriesInc.:OverallFinancials,2016- 2018 187 SignifyHolding:NetRevenue(byRegion),2015- 2017 157 RavenIndustriesInc.:NetRevenue(byRegion), 2016-2018 188 Signify Holding: Net Revenue (by Business Segment),2015-2017 158 Raven Industries Inc.: Net Revenue by Business Segment,2016-2018 189 Signify Holding: SWOT Analysis 190 AKVAGroup:OverallFinancials,2015-2017 159 Raven Industries Inc.: SWOT Analysis 191 AKVAGroup:NetRevenue(byRegion),2015- 2017 160 SSTDevelopmentGroup,Inc.:SWOTAnalysis 161 The Climate Corporation: SWOT Analysis 192 AKVA Group: Net Revenue (by Business Segment),2015-2017 162 TopconCorporation:OverallFinancials,2015- 2017 193 AKVA Group: SWOT Analysis 163 TopconCorporation:NetRevenue(byRegion), 2015-2017 194 Eruvaka Technologies: SWOT Analysis 195 Xpert Sea: SWOT Analysis 164 Topcon Corporation: Net Revenue by Business Segment,2015-2017 196 3D Robotics: SWOT Analysis 197 DJI Innovations: SWOT Analysis 165 Topcon Corporation: SWOT Analysis 198 Smart Farming Market Scope 166 TrimbleInc.:OverallFinancials,2015-2017 199 Report Design 167 TrimbleInc.:NetRevenue(byRegion),2015- 2017 200 PrimaryInterviewBreakdown,byCompanies, Designation,andRegion 168 TrimbleInc.:NetRevenuebyBusinessSegment, 2015-2016 201 Sources of Secondary Research 202 Data Triangulation 169 TrimbleInc.:NetRevenuebyBusinessSegment, 2017 203 Top-DownandBottom-UpApproach 170 Trimble Inc.: SWOT Analysis 171 AfimilkLtd.:SWOTAnalysis 172 AllflexInc.:SWOTAnalysis 173 Boumatic LLC: SWOT Analysis 174 Dairymaster: SWOT Analysis 175 DeLaval: SWOT Analysis 176 Fullwood Ltd.: SWOT Analysis 177 CreeInc.:OverallFinancials,2015-2017 178 CreeInc.:NetRevenuebyBusinessSegment, 2015-2017 179 CreeInc.:NetRevenue(byRegion),2015-2017 180 Cree Inc.: SWOT Analysis 181 General Hydroponics: SWOT Analysis 182 OsramLichtAG:OverallFinancials,2015-2017 183 OsramLichtAG:NetRevenue(byRegion), 2015-2017 8 www.bisresearch.com  sales@bisresearch.com

9. 1 Research Scope & BIS Methodology 1.1 Scope of the Report The report is a thorough study of the smart farming market share and market size including the analysis by different solution and application. The report also comprises detailed study of different types of agricultural robots and its applications. The smart farming market by region has also been extensively analyzedinthisreportincludingthemarkettrendsacrosstheregions.Further,themarketestimatedin differentsectionsofthereportconsidered“2017-2022”astheforecastperiod. 1.2 Smart Farming Market Research Methodology Theresearchmethodologydesignadoptedforthisspecificstudyincludesamixofdatacollectedfrom primaryandsecondarysources.Theresearchexhaustivelyusebothprimarysources(in-houseexperts, industry leaders and market players) and secondary sources (a host of paid and unpaid databases) along with analytical tools to build forecast and predictive models. Primary Data Sources The primary sources involve the industry experts from the smart farming market. In the extensive primary researchprocessundertakenforthisstudy,theprimarysourcesfurtherincludeindustryexpertsand keyexecutivesfromprominentcompanies,researchorganizationsandagriculturalassociations.Allsuch resourceshavebeeninterviewedtoobtainandverifyboththequalitativeandthequantitativeaspectsof this research study. The key data points taken from primary sources include: • Validation and triangulation of all the numbers and graphs • Validationofreport’ssegmentationandkeyqualitativefindings • Understandingthecompetitivelandscape • Validation of the numbers of the various market segments for smart farming • Percentage split for regional analysis Theresearchincludesinterviewswithparticipantsthroughoutthevaluechain.Anextensivequestionnaire was shared to get insights from the experts who didn’t participate in discussions. In some cases where informationwasnotavailable,DelphimethodwasusedtoarriveatmutualconsentwithBISconsultants 9 www.bisresearch.com  sales@bisresearch.com

10. Secondary Data Sources Theresearchstudyinvolvestheusageofextensivesecondarysourcessuchasdatabases,company websites,andannualreports,amongothers.ItalsomakesuseofdatabasessuchasHoovers,Bloomberg, Business-week,andFactivatocollectusefulinformationforanextensive,market-oriented,andcommercial study of the global market. Secondary research was done in order to obtain crucial information about the industry’svaluechain,market’smonetarychain,totalpoolofkeyplayers,andtheprevalentsystemsand applicationtypes.Thefollowingfigureexhibitskeysecondarydatasourcesconsidered ThefollowingfigureexhibitsSecondarydataSourcesconsidered: Figure 1.2 Secondary data Sources SOURCES PARAMETERS Company Financials Magazines Journals Press Releases Paid Databases, and BIS Research Data Repository • • • • • • MARKET SIZE (Value) Annual Reports Company Websites Public Databases, and BIS Research Data Repository • • • • REVENUE OF COMPANIES Company Websites Annual Reports Press Releases, and BIS Research Data Repository • • • • QUALITATIVE INFORMATION (Market Dynamics, Market Trends) BIS Research Analysis 10 www.bisresearch.com  sales@bisresearch.com

11. Theprocessofmarketengineeringinvolvescalculationofthemarketstatistics,marketsizeestimation, Theprocessofmarketengineeringinvolvescalculationofthemarketstatistics,marketsizeestimation, marketforecast,marketcrackdown,anddatatriangulation(themethodologyforthesequantitativedata processes is explained in the further sections). An extensive primary research study was undertaken to gatherinformation,andauthenticatethecriticalnumbersarrivedthroughsegmentationtypes,industry trends,andkeyplayersofeachtypeofproductsinthemarket. Figure 1.3 Data Triangulation PRIMARY SOURCES SECONDARY SOURCES Interviews With: Annual reports of key industrial players • • Stockmen • Agronomists • OEMs • System Integrators • Agriculture Consultants DEMAND SIDE SEC Filings • 10K reports • Investor Presentations • Journals • INFORMATION SOURCED Press Releases • Paid & Unpaid Databases • Food & Agriculture Organization Reports • DATA Interviews With: TRIANGULATION Livestock Industry Associations • PRIMARY SOURCE • Software Providers USDA Foreign Agricultural Service Reports • SUPPLY SIDE • Service Providers SECONDARY SOURCE • Component Manufacturers • Distributors INFORMATION SOURCED Opportunities/ Challenges Market Size and Market Share (2017-2022) Key Players Competitive Landscape Geographical Analysis Macro-economic Factors Market Estimates BIS Research Analysis REQUEST FOR SAMPLE 11 www.bisresearch.com  sales@bisresearch.com