Lucintel Forecasts Smart Vineyard Management Market to Reach $XX Billion by 2028

According to the recent study the smart vineyard management market is projected to reach an estimated $XX billion by 2028 from $XX billion in 2023, at a CAGR of 4% to 6% from 2023 to 2028. Growth in this market is primarily driven by growing need to reduce vineyard losses, growing automation in the vineyard industry, and changing pricing strategies.
Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in smart vineyard management market by application (yield monitoring, crop scouting, harvesting, irrigation management, and others), solution (hardware, software, and services), technology (guidance, sensing, variable rate technology, and others), enterprise size (small & medium enterprises and large enterprises), deployment (cloud-based and on-premise), and region (North America, Europe, Asia Pacific, and the Rest of the World).
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“Hardware market is expected to remain the largest segment during the forecast period.”
Based on solution, the smart vineyard management market is segmented into hardware, software, and services. Lucintel forecasts that the hardware market is expected to remain the largest segment due to its efficiency in data collecting and growing operations through improved speed and accuracy.
“Within the smart vineyard management market, the yield monitoring segment is expected to remain the largest application”
Based on application the yield monitoring segment is expected to witness the highest growth over the forecast period due to the growing adoption of advanced technologies and rising need for educated harvesting and decisions selection with the use of estimation and mapping.
“Europe will dominate the smart vineyard management market in near future”
Europe will remain the largest region due to the growing adoption of advanced technologies, increasing number of smart vineyard managem