| Product Code: ETC8627386 | Publication Date: Sep 2024 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Internet of Things (IoT) in Agriculture Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Internet of Things (IoT) in Agriculture Market - Industry Life Cycle |
3.4 Nigeria Internet of Things (IoT) in Agriculture Market - Porter's Five Forces |
3.5 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume Share, By Farm Production Planning Stage, 2021 & 2031F |
3.9 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume Share, By System, 2021 & 2031F |
4 Nigeria Internet of Things (IoT) in Agriculture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of IoT technology in agriculture for precision farming |
4.2.2 Government initiatives to promote digitalization and modernization of the agricultural sector |
4.2.3 Growing need for efficient resource management and productivity enhancement in agriculture |
4.3 Market Restraints |
4.3.1 Lack of infrastructure and connectivity challenges in rural areas of Nigeria |
4.3.2 High initial investment and operational costs associated with IoT implementation in agriculture |
4.3.3 Limited awareness and technical expertise among farmers regarding IoT solutions |
5 Nigeria Internet of Things (IoT) in Agriculture Market Trends |
6 Nigeria Internet of Things (IoT) in Agriculture Market, By Types |
6.1 Nigeria Internet of Things (IoT) in Agriculture Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Component, 2021- 2031F |
6.1.3 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Hardware, 2021- 2031F |
6.1.4 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Software, 2021- 2031F |
6.1.5 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Connectivity, 2021- 2031F |
6.1.6 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Services, 2021- 2031F |
6.2 Nigeria Internet of Things (IoT) in Agriculture Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Livestock Monitoring, 2021- 2031F |
6.2.3 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Precision Crop Farming, 2021- 2031F |
6.2.4 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Indoor Farming, 2021- 2031F |
6.2.5 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Aquaculture, 2021- 2031F |
6.2.6 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Integrated Pest Management, 2021- 2031F |
6.2.7 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Water Supply Management, 2021- 2031F |
6.3 Nigeria Internet of Things (IoT) in Agriculture Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Small Farms, 2021- 2031F |
6.3.3 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Mid-Sized, 2021- 2031F |
6.3.4 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Large, 2021- 2031F |
6.4 Nigeria Internet of Things (IoT) in Agriculture Market, By Farm Production Planning Stage |
6.4.1 Overview and Analysis |
6.4.2 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Pre-Production Planning, 2021- 2031F |
6.4.3 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Production Planning, 2021- 2031F |
6.4.4 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Post-Production Planning, 2021- 2031F |
6.5 Nigeria Internet of Things (IoT) in Agriculture Market, By System |
6.5.1 Overview and Analysis |
6.5.2 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Sensing and Monitoring System, 2021- 2031F |
6.5.3 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Automation and Control System, 2021- 2031F |
6.5.4 Nigeria Internet of Things (IoT) in Agriculture Market Revenues & Volume, By Others, 2021- 2031F |
7 Nigeria Internet of Things (IoT) in Agriculture Market Import-Export Trade Statistics |
7.1 Nigeria Internet of Things (IoT) in Agriculture Market Export to Major Countries |
7.2 Nigeria Internet of Things (IoT) in Agriculture Market Imports from Major Countries |
8 Nigeria Internet of Things (IoT) in Agriculture Market Key Performance Indicators |
8.1 Percentage increase in IoT adoption rate among farmers in Nigeria |
8.2 Average time saved by farmers using IoT solutions for farm management tasks |
8.3 Reduction in water and resource usage with the implementation of IoT technology in agriculture |
9 Nigeria Internet of Things (IoT) in Agriculture Market - Opportunity Assessment |
9.1 Nigeria Internet of Things (IoT) in Agriculture Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Nigeria Internet of Things (IoT) in Agriculture Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Nigeria Internet of Things (IoT) in Agriculture Market Opportunity Assessment, By Type, 2021 & 2031F |
9.4 Nigeria Internet of Things (IoT) in Agriculture Market Opportunity Assessment, By Farm Production Planning Stage, 2021 & 2031F |
9.5 Nigeria Internet of Things (IoT) in Agriculture Market Opportunity Assessment, By System, 2021 & 2031F |
10 Nigeria Internet of Things (IoT) in Agriculture Market - Competitive Landscape |
10.1 Nigeria Internet of Things (IoT) in Agriculture Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Internet of Things (IoT) in Agriculture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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