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Agtech in South Africa

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    Report

  • 35 Pages
  • August 2024
  • Region: South Africa
  • GlobalData
  • ID: 6025356
Agtech in South Africa industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights

  • Agtech refers to the use of technology in farming and agriculture aimed to improve the efficiency, productivity, and sustainability of food production.
  • The South African agtech market recorded revenues of $22.9 million in 2023, representing a compound annual growth rate (CAGR) of 14% between 2018 and 2023.
  • The devices segment accounted for the market's largest proportion in 2023, with total revenues of $15.2 million, equivalent to 66.4% of the market's overall value.
  • South Africa accounted for a 0.1% market share of the global Agtech market in 2023.

Scope

  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the agtech market in South Africa
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the agtech market in South Africa
  • Leading company profiles reveal details of key agtech market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the South Africa agtech market with five year forecasts by both value and volume

Reasons to Buy

  • What was the size of the South Africa agtech market by value in 2023?
  • What will be the size of the South Africa agtech market in 2028?
  • What factors are affecting the strength of competition in the South Africa agtech market?
  • How has the market performed over the last five years?
  • Who are the top competitors in South Africa's agtech market?

Table of Contents

1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What are the strengths of leading players?
7.3. What are the recent trends in the market?
7.4. What are the government initiatives in this market?
8 Company Profiles
8.1. Aerobotics Pty Ltd
8.2. Netafim Ltd
8.3. Treetoscope Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. About the Analyst
List of Tables
Table 1: South Africa agtech market value: $ million, 2018-23
Table 2: South Africa agtech market category segmentation: % share, by value, 2018-2023
Table 3: South Africa agtech market category segmentation: $ million, 2018-2023
Table 4: South Africa agtech market geography segmentation: $ million, 2023
Table 5: South Africa agtech market value forecast: $ million, 2023-28
Table 6: Aerobotics Pty Ltd: key facts
Table 7: Netafim Ltd: key facts
Table 8: Netafim Ltd: key employees
Table 9: Treetoscope Ltd: key facts
Table 10: South Africa size of population (million), 2019-23
Table 11: South Africa real gdp (constant 2010 prices, $ billion), 2019-23
Table 12: South Africa gdp (current prices, $ billion), 2019-23
Table 13: South Africa inflation, 2019-23
Table 14: South Africa consumer price index (absolute), 2019-23
Table 15: South Africa exchange rate, 2018-23
List of Figures
Figure 1: South Africa agtech market value: $ million, 2018-23
Figure 2: South Africa agtech market category segmentation: $ million, 2018-2023
Figure 3: South Africa agtech market geography segmentation: % share, by value, 2023
Figure 4: South Africa agtech market value forecast: $ million, 2023-28
Figure 5: Forces driving competition in the agtech market in South Africa, 2023
Figure 6: Drivers of buyer power in the agtech market in South Africa, 2023
Figure 7: Drivers of supplier power in the agtech market in South Africa, 2023
Figure 8: Factors influencing the likelihood of new entrants in the agtech market in South Africa, 2023
Figure 9: Factors influencing the threat of substitutes in the agtech market in South Africa, 2023
Figure 10: Drivers of degree of rivalry in the agtech market in South Africa, 2023

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Aerobotics Pty Ltd
  • Netafim Ltd
  • Treetoscope Ltd