Smart Pest Monitoring Management System Market to Grow at a CAGR of 6.8% to reach US$ 1,219.35 Million from 2020 to 2028

    Smart Pest Monitoring Management System Market Forecast to 2028 - COVID-19 Impact and Global Analysis By End User (Commercial, Residential, Agriculture, Industrial); Component (Hardware, Software and Services) and Geography

    Publication Month: Aug 2021 | Report Code: TIPRE00015753 | No. of Pages: 158 | Category: Technology, Media and Telecommunications | Status: Published

    The smart pest monitoring management system market is expected to grow from US$ 767.09 million in 2021 to US$ 1,219.35 million by 2028; it is estimated to grow at a CAGR of 6.8% during 2021–2028.

    The mounting adoption of advanced technology to ease the overall processes performed in the agriculture sector, which includes adopting the automated pest monitoring system by the farmers, decreases the manual intervention in fields. The manual pest controlling process in farming is time-consuming, it involves more labor at an additional cost for farmers, and it raises safety issues for workers. The adoption of smart pest monitoring management systems reduces crop damage by pests and decreases the farmer’s field visits for pest monitoring from time to time. The application of smart pest monitoring management systems boosts the accuracy of pest monitoring at a lower cost. Additionally, the adoption of smart pest monitoring management systems in farm fields reduces the application of chemical pesticides. The smart pest monitoring management systems ease the risks by giving prior intimation to the farmers/end users with the help of accurate data about the influence of pests on the yields. Consequently, the early control of pests helps in resolving issues before the crop sustains severe damage.

    The adoption of IoT-enabled solutions is one of the most significant factors for adopting smart agriculture systems, which includes a smart pest monitoring management system. The smart pest monitoring system helps farmers embrace modern technologies such as artificial intelligence and analytics to enhance crop management and insect monitoring. Thus, the mounting adoption of advanced technologies in the agriculture sector is driving the adoption of smart pest monitoring management systems across the globe.

    Impact of COVID-19 Pandemic on Smart Pest Monitoring Management System Market

    According to the latest situation report from the World Health Organization (WHO), the US, Spain, Italy, France, Germany, the UK, Russia, Turkey, Brazil, Iran, and China are among the worst-affected countries due to the COVID-19 pandemic. In 2020, the world economy suffered significant consequences, and the effects are expected to endure to some extent in the coming years. The outbreak has disrupted primary sectors, such as electronics, semiconductor, hospitality, manufacturing, and residential sector. A sharp decline in the growth of these industries is limiting the growth of the smart pest monitoring management system market. Rising adoption of farm mechanization and evolving smart agriculture infrastructure are projected to upsurge the adoption of smart pest monitoring management system and services among the farmers in the region. However, owing to the rising COVID-19 impact on the market, the growth rate has been impacted in a negative manner. Due to this outbreak and negative implications such as supply chain disruptions and labor shortages are anticipated to push the requirement for digital agriculture, globally in the coming years to avoid such situations.

    Lucrative Regions for Smart Pest Monitoring Management System Providers

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    Smart Pest Monitoring Management System Market Insights

    Several Government Regulations for Implementation of Smart PEST Monitoring Management Systems Fuel Growth of Smart Pest Monitoring Management System Market

    The application of PEST across different industries is one of the risky processes. The industries are focusing robustly on adopting preventive measures while using chemical pesticides. Due to the risky application environment, governments across different countries are announcing various regulations for the Implementation of smart pest monitoring management systems across different industries. For instance, in 2016, The Exterminators Law was issued for the licensing of businesses, specifically for non-agricultural exterminations. Under this regulation, the user must pass a Ministry of Environmental Protection (MoEP) licensing exam to carry out pest control work in the industry. The law sets four types of licenses – structures and open spaces license, domestic license, military license, and fumigation license.


    Furthermore, the Agricultural and Veterinary Chemicals (Control of Use) Regulations 2007 and The Agricultural and Veterinary Chemicals (Control of Use) Act 1992 are directed by the Department of Jobs, Precincts and Regions (DJPR). These regulations ensure that the pesticides are registered with the Australian Pesticides and Veterinary Medicines Authority pesticides and they are applied on agricultural production as per the label directions. Similarly, as per The Agricultural and Veterinary Chemicals (Control of Use) Act 1992, any person who carries on a business or offers a paid service—involving the use of a prescribed class of agricultural chemical—requires a commercial operator license.

    Component - Based Market Insights

    Based on component, the smart pest monitoring management system market is bifurcated into hardware, and software and services. In 2020, the hardware segment accounted for a larger share in the market.

    Smart Pest Monitoring Management System Market, by Component, 2020 and 2028 (%)

    Smart Pest Monitoring Management System Market, by Component, 2020 and 2028 (%)

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    End User -Based Market Insights

    Based on end user, the smart pest monitoring management system market is segmented into commercial, residential, agriculture, and industrial. In 2020, the commercial segment accounted for the largest market share.

    Strategic Insights

    The players operating in the smart pest monitoring management system market adopt strategies such as mergers, acquisitions, and market initiatives to maintain their positions in the market. A few developments by key players are listed below:

    • In March 2021, Bayer AG started preparations to kick off the sale of pest control unit Bayer Environmental Science with a price tag potentially topping $ 2.4 billion.
    • In June 2021, Pest-Stop, a Pelsis Group brand, announced the launch of the new and improved Solar Powered Mole Repeller. The product features a high quality solar powered rechargeable lithium battery of 2,200mAh.

    The global smart pest monitoring management system market has been segmented as mentioned below:



    By Component

    • Hardware
    • Software and Services


    By End User

    • Commercial
    • Residential
    • Agriculture
    • Industrial


    By Geography

    • North America
      • US
      • Canada
      • Mexico
    • Europe
      • France
      • Germany
      • Italy
      • UK
      • Russia
      • Rest of Europe
    • Asia Pacific (APAC)
      • China
      • India
      • South Korea
      • Japan
      • Australia
      • Rest of APAC
    • Middle East & Africa (MEA)
      • South Africa
      • Saudi Arabia
      • UAE
      • Rest of MEA
    • South America (SAM)
      • Brazil
      • Argentina
      • Rest of SAM

    Company Profiles

    • Ratdar
    • Anticimex
    • Bell Laboratories, Inc.
    • Bayer AG
    • Corteva
    • EFOS d.o.o.
    • SnapTrap B.V.
    • Pelsis Group Ltd
    • VM Products
    • Rentokil Initial plc
    • Futura GmbH
    • PestWest USA
    • RATSENSE
    • The ServiceMaster Company, LLC

    1. Introduction

    1.1 Study Scope

    1.2 The Insight Partners Research Report Guidance

    1.3 Market Segmentation

    2. Key Takeaways

    3. Research Methodology

    3.1 Coverage

    3.2 Secondary Research

    3.3 Primary Research

    4. Smart Pest Monitoring Management System Market Landscape

    4.1 Market Overview

    4.2 PEST Analysis

    4.2.1 North America

    4.2.2 Europe

    4.2.3 Asia-Pacific

    4.2.4 Middle East and Africa

    4.2.5 South America

    4.3 Ecosystem Analysis

    4.4 Expert Opinion

    5. Smart Pest Monitoring Management System Market – Key Market Dynamics

    5.1 Market Drivers

    5.1.1 Rise in Adoption of Advance Technologies in Agriculture Sector

    5.1.2 Several Government Regulations for Implementation of Smart PEST Monitoring Management Systems

    5.2 Market Restraints

    5.2.1 High Initial and Maintenance Cost of Smart Pest Monitoring Management Systems

    5.3 Market Opportunities

    5.3.1 Rising Rates of Urbanization and Middle-Class Population Drive Pest Control Demand in Residential Applications

    5.4 Future Trends

    5.4.1 Mounting Adoption of Advanced Technologies and Applications

    5.5 Other Key Market Dynamics:

    5.5.1 Drivers & Opportunities:

    5.5.2 Restraints:

    5.5.3 Trends:

    5.5.4 Other European Regulations

    5.6 Impact Analysis of Drivers and Restraints

    6. Smart Pest Monitoring Management System Market – Global Analysis

    6.1 Smart Pest Monitoring Management System Market Global Overview

    6.2 Smart Pest Monitoring Management System Market – Global Revenue and Forecast to 2028 (US$ Million)

    6.3 Market Positioning – Five Key Players

    6.4 Positioning Map- Smart Pest Monitoring Management Market

    7. Smart Pest Monitoring Management System Market Analysis – by Component

    7.1 Overview

    7.2 Global Smart Pest Monitoring Management System Market Breakdown, By Component, 2020 & 2028

    7.3 Hardware

    7.3.1 Overview

    7.3.2 Hardware: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

    7.4 Software & Services

    7.4.1 Overview

    7.4.2 Software & Services: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

    8. Smart Pest Monitoring Management System Market Revenue and Forecasts to 2028 – End-User

    8.1 Overview

    8.2 Global Smart Pest Monitoring Management System Market Breakdown, By End-User, 2020 & 2028

    8.3 Commercial

    8.3.1 Overview

    8.3.2 Commercial: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

    8.4 Residential

    8.4.1 Overview

    8.4.2 Residential: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

    8.5 Agriculture

    8.5.1 Overview

    8.5.2 Agriculture: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

    8.6 Industrial

    8.6.1 Overview

    8.6.2 Industrial: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

    9. Smart Pest Monitoring Management System Market – Geographic Analysis

    9.1 Overview

    9.2 North America: Smart Pest Monitoring Management System Market

    9.2.1 North America: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.2 North America: Smart Pest Monitoring Management System Market- by Component

    9.2.3 North America: Smart Pest Monitoring Management System Market- By End-User

    9.2.4 North America: Smart Pest Monitoring Management System Market- by Key Country

    9.2.4.1 US: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.4.1.1 US: Smart Pest Monitoring Management System Market- by Component

    9.2.4.1.2 US: Smart Pest Monitoring Management System Market- By End-User

    9.2.4.2 Canada: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.4.2.1 Canada: Smart Pest Monitoring Management System Market- by Component

    9.2.4.2.2 Canada: Smart Pest Monitoring Management System Market- By End-User

    9.2.4.3 Mexico: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.2.4.3.1 Mexico: Smart Pest Monitoring Management System Market- by Component

    9.2.4.3.2 Mexico: Smart Pest Monitoring Management System Market- By End-User

    9.3 Europe: Smart Pest Monitoring Management System Market

    9.3.1 Europe: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.2 Europe: Smart Pest Monitoring Management System Market- by Component

    9.3.3 Europe: Smart Pest Monitoring Management System Market- By End-User

    9.3.4 Europe: Smart Pest Monitoring Management System Market- by Key Country

    9.3.4.1 Germany: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.1.1 Germany: Smart Pest Monitoring Management System Market- by Component

    9.3.4.1.2 Germany: Smart Pest Monitoring Management System Market- By End-User

    9.3.4.2 France: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.2.1 France: Smart Pest Monitoring Management System Market- by Component

    9.3.4.2.2 France: Smart Pest Monitoring Management System Market- By End-User

    9.3.4.3 Italy: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.3.1 Italy: Smart Pest Monitoring Management System Market- by Component

    9.3.4.3.2 Italy: Smart Pest Monitoring Management System Market- By End-User

    9.3.4.4 UK: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.4.1 UK: Smart Pest Monitoring Management System Market- by Component

    9.3.4.4.2 UK: Smart Pest Monitoring Management System Market- By End-User

    9.3.4.5 Russia: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.5.1 Russia: Smart Pest Monitoring Management System Market- by Component

    9.3.4.5.2 Russia: Smart Pest Monitoring Management System Market- By End-User

    9.3.4.6 Rest of Europe: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.3.4.6.1 Rest of Europe: Smart Pest Monitoring Management System Market- by Component

    9.3.4.6.2 Rest of Europe: Smart Pest Monitoring Management System Market- By End-User

    9.4 APAC: Smart Pest Monitoring Management System Market

    9.4.1 APAC: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.2 APAC: Smart Pest Monitoring Management System Market- by Component

    9.4.3 APAC: Smart Pest Monitoring Management System Market- By End-User

    9.4.4 APAC: Smart Pest Monitoring Management System Market- by Key Country

    9.4.4.1 Australia: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.1.1 Australia: Smart Pest Monitoring Management System Market- by Component

    9.4.4.1.2 Australia: Smart Pest Monitoring Management System Market- By End-User

    9.4.4.2 China: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.2.1 China: Smart Pest Monitoring Management System Market- by Component

    9.4.4.2.2 China: Smart Pest Monitoring Management System Market- By End-User

    9.4.4.3 India: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.3.1 India: Smart Pest Monitoring Management System Market- by Component

    9.4.4.3.2 India: Smart Pest Monitoring Management System Market- By End-User

    9.4.4.4 Japan: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.4.1 Japan: Smart Pest Monitoring Management System Market- by Component

    9.4.4.4.2 Japan: Smart Pest Monitoring Management System Market- By End-User

    9.4.4.5 South Korea: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.5.1 South Korea: Smart Pest Monitoring Management System Market- by Component

    9.4.4.5.2 South Korea: Smart Pest Monitoring Management System Market- By End-User

    9.4.4.6 Rest of APAC: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.4.4.6.1 Rest of APAC: Smart Pest Monitoring Management System Market- by Component

    9.4.4.6.2 Rest of APAC: Smart Pest Monitoring Management System Market- By End-User

    9.5 MEA: Smart Pest Monitoring Management System Market

    9.5.1 MEA: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.2 MEA: Smart Pest Monitoring Management System Market- by Component

    9.5.3 MEA: Smart Pest Monitoring Management System Market- By End-User

    9.5.4 MEA: Smart Pest Monitoring Management System Market- by Key Country

    9.5.4.1 South Africa: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.1.1 South Africa: Smart Pest Monitoring Management System Market- by Component

    9.5.4.1.2 South Africa: Smart Pest Monitoring Management System Market- By End-User

    9.5.4.2 Saudi Arabia: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.2.1 Saudi Arabia: Smart Pest Monitoring Management System Market- by Component

    9.5.4.2.2 Saudi Arabia: Smart Pest Monitoring Management System Market- By End-User

    9.5.4.3 UAE: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.3.1 UAE: Smart Pest Monitoring Management System Market- by Component

    9.5.4.3.2 UAE: Smart Pest Monitoring Management System Market- By End-User

    9.5.4.4 Rest of MEA: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.5.4.4.1 Rest of MEA: Smart Pest Monitoring Management System Market- by Component

    9.5.4.4.2 Rest of MEA: Smart Pest Monitoring Management System Market- By End-User

    9.6 SAM: Smart Pest Monitoring Management System Market

    9.6.1 SAM: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.2 SAM: Smart Pest Monitoring Management System Market- by Component

    9.6.3 SAM: Smart Pest Monitoring Management System Market- By End-User

    9.6.4 SAM: Smart Pest Monitoring Management System Market- by Key Country

    9.6.4.1 Brazil: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.4.1.1 Brazil: Smart Pest Monitoring Management System Market- by Component

    9.6.4.1.2 Brazil: Smart Pest Monitoring Management System Market- By End-User

    9.6.4.2 Argentina: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.4.2.1 Argentina: Smart Pest Monitoring Management System Market- by Component

    9.6.4.2.2 Argentina: Smart Pest Monitoring Management System Market- By End-User

    9.6.4.3 Rest of SAM: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    9.6.4.3.1 Rest of SAM: Smart Pest Monitoring Management System Market- by Component

    9.6.4.3.2 Rest of SAM: Smart Pest Monitoring Management System Market- By End-User

    10. Smart Pest Monitoring Management System Market- COVID-19 Impact Analysis

    10.1 Overview

    10.2 North America

    10.3 Europe

    10.4 Asia Pacific

    10.5 Middle East and Africa

    10.6 South America

    11. Industry Landscape

    11.1 Overview

    11.1 Market Initiative

    11.2 Merger and Acquisition

    12. Company Profiles

    12.1 Ratdar

    12.1.1 Key Facts

    12.1.2 Business Description

    12.1.3 Products and Services

    12.1.4 Financial Overview

    12.1.5 SWOT Analysis

    12.1.6 Key Developments

    12.2 Anticimex

    12.2.1 Key Facts

    12.2.2 Business Description

    12.2.3 Products and Services

    12.2.4 Financial Overview

    12.2.5 SWOT Analysis

    12.2.6 Key Developments

    12.3 Bell Laboratories, Inc.

    12.3.1 Key Facts

    12.3.2 Business Description

    12.3.3 Products and Services

    12.3.4 Financial Overview

    12.3.5 SWOT Analysis

    12.3.6 Key Developments

    12.4 Bayer AG

    12.4.1 Key Facts

    12.4.2 Business Description

    12.4.3 Products and Services

    12.4.4 Financial Overview

    12.4.5 SWOT Analysis

    12.4.6 Key Developments

    12.5 Corteva

    12.5.1 Key Facts

    12.5.2 Business Description

    12.5.3 Products and Services

    12.5.4 Financial Overview

    12.5.5 SWOT Analysis

    12.5.6 Key Developments

    12.6 EFOS d.o.o.

    12.6.1 Key Facts

    12.6.2 Business Description

    12.6.3 Products and Services

    12.6.4 Financial Overview

    12.6.5 SWOT Analysis

    12.6.6 Key Developments

    12.7 SnapTrap B.V.

    12.7.1 Key Facts

    12.7.2 Business Description

    12.7.3 Products and Services

    12.7.4 Financial Overview

    12.7.5 SWOT Analysis

    12.7.6 Key Developments

    12.8 Pelsis Group Ltd

    12.8.1 Key Facts

    12.8.2 Business Description

    12.8.3 Products and Services

    12.8.4 Financial Overview

    12.8.5 SWOT Analysis

    12.8.6 Key Developments

    12.9 VM Products

    12.9.1 Key Facts

    12.9.2 Business Description

    12.9.3 Products and Services

    12.9.4 Financial Overview

    12.9.5 SWOT Analysis

    12.9.6 Key Developments

    12.10 Rentokil Initial plc

    12.10.1 Key Facts

    12.10.2 Business Description

    12.10.3 Products and Services

    12.10.4 Financial Overview

    12.10.5 SWOT Analysis

    12.10.6 Key Developments

    12.11 Futura GmbH

    12.11.1 Key Facts

    12.11.2 Business Description

    12.11.3 Products and Services

    12.11.4 Financial Overview

    12.11.5 SWOT Analysis

    12.11.6 Key Developments

    12.12 PestWest USA

    12.12.1 Key Facts

    12.12.2 Business Description

    12.12.3 Products and Services

    12.12.4 Financial Overview

    12.12.5 SWOT Analysis

    12.12.6 Key Developments

    12.13 RATSENSE

    12.13.1 Key Facts

    12.13.2 Business Description

    12.13.3 Products and Services

    12.13.4 Financial Overview

    12.13.5 SWOT Analysis

    12.13.6 Key Developments

    12.14 The ServiceMaster Company, LLC

    12.14.1 Key Facts

    12.14.2 Business Description

    12.14.3 Products and Services

    12.14.4 Financial Overview

    12.14.5 SWOT Analysis

    12.14.6 Key Developments

    13. Appendix

    13.1 About The Insight Partners

    13.2 Word Index


    LIST OF TABLES

    Table 1. Smart Pest Monitoring Management System Market – Revenue, and Forecast to 2028 (US$ Million)

    Table 2. North America: Smart Pest Monitoring Management System Market- by Component – Revenue and Forecast to 2028 (US$ Million)

    Table 3. North America: Smart Pest Monitoring Management System Market- By End-User – Revenue and Forecast to 2028 (US$ Million)

    Table 4. US: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 5. US: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 6. Canada: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 7. Canada: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 8. Mexico: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 9. Mexico: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 10. Europe: Smart Pest Monitoring Management System Market- by Component – Revenue and Forecast to 2028 (US$ Million)

    Table 11. Europe: Smart Pest Monitoring Management System Market- By End-User – Revenue and Forecast to 2028 (US$ Million)

    Table 12. Germany: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 13. Germany: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 14. France: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 15. France: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 16. Italy: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 17. Italy: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 18. UK: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 19. UK: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 20. Russia: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 21. Russia: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 22. Rest of Europe: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 23. Rest of Europe: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 24. APAC: Smart Pest Monitoring Management System Market- by Component – Revenue and Forecast to 2028 (US$ Million)

    Table 25. APAC: Smart Pest Monitoring Management System Market- By End-User – Revenue and Forecast to 2028 (US$ Million)

    Table 26. Australia: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 27. Australia: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 28. China: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 29. China: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 30. India: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 31. India: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 32. Japan: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 33. Japan: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 34. South Korea: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 35. South Korea: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 36. Rest of APAC: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 37. Rest of APAC: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 38. MEA: Smart Pest Monitoring Management System Market- by Component– Revenue and Forecast to 2028 (US$ Million)

    Table 39. MEA: Smart Pest Monitoring Management System Market- By End-User – Revenue and Forecast to 2028 (US$ Million)

    Table 40. South Africa: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 41. South Africa: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 42. Saudi Arabia: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 43. Saudi Arabia: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 44. UAE: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 45. UAE: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 46. Rest of MEA: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 47. Rest of MEA: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 48. SAM: Smart Pest Monitoring Management System Market- by Component – Revenue and Forecast to 2028 (US$ Million)

    Table 49. SAM: Smart Pest Monitoring Management System Market- By End-User – Revenue and Forecast to 2028 (US$ Million)

    Table 50. Brazil: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 51. Brazil: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 52. Argentina: Smart Pest Monitoring Management System Market- by Component –Revenue and Forecast to 2028 (US$ Million)

    Table 53. Argentina: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 54. Rest of SAM: Smart Pest Monitoring Management System Market- by Component–Revenue and Forecast to 2028 (US$ Million)

    Table 55. Rest of SAM: Smart Pest Monitoring Management System Market- By End-User –Revenue and Forecast to 2028 (US$ Million)

    Table 56. List of Abbreviation

    LIST OF FIGURES

    Figure 1. Smart Pest Monitoring Management System Market Segmentation

    Figure 2. Smart Pest Monitoring Management System Market Segmentation – By Geography

    Figure 3. Global Smart Pest Monitoring Management System Market Overview

    Figure 4. Hardware Segment Held the Largest Market Share in 2020

    Figure 5. Commercial Held the Largest Market Share in 2020

    Figure 6. North America was the Largest Revenue Contributor in 2020

    Figure 7. North America – PEST Analysis

    Figure 8. Europe – PEST Analysis

    Figure 9. Asia-Pacific – PEST Analysis

    Figure 10. Middle East and Africa – PEST Analysis

    Figure 11. South America – PEST Analysis

    Figure 12. Expert Opinion

    Figure 13. Smart Pest Monitoring Management System Market Impact Analysis of Drivers and Restraints

    Figure 14. Geographic Overview of Smart Pest Monitoring Management System Market

    Figure 15. Global Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 16. Smart Pest Monitoring Management System Market Breakdown, By Component, 2020 & 2028 (%)

    Figure 17. Hardware: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

    Figure 18. Software & Services: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

    Figure 19. Global Smart Pest Monitoring Management System Market Breakdown, By End-User, 2020 & 2028 (%)

    Figure 20. Commercial: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

    Figure 21. Residential: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

    Figure 22. Agriculture: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

    Figure 23. Industrial: Smart Pest Monitoring Management System Market - Revenue and Forecast to 2028 (US$ Million)

    Figure 24. Smart Pest Monitoring Management System Market Revenue Share, By Region (2020 and 2028)

    Figure 25. North America: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 26. North America: Smart Pest Monitoring Management System Market Revenue Share, by Component (2020 and 2028)

    Figure 27. North America: Smart Pest Monitoring Management System Market Revenue Share, By End-User (2020 and 2028)

    Figure 28. North America: Smart Pest Monitoring Management System Market Revenue Share, by Key Country (2020 and 2028)

    Figure 29. US: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 30. Canada: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 31. Mexico: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 32. Europe: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 33. Europe: Smart Pest Monitoring Management System Market Revenue Share, By Component (2020 and 2028)

    Figure 34. Europe: Smart Pest Monitoring Management System Market Revenue Share, By End-User (2020 and 2028)

    Figure 35. Europe: Smart Pest Monitoring Management System Market Revenue Share, By Key Country (2020 and 2028)

    Figure 36. Germany: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 37. France: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 38. Italy: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 39. UK: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 40. Russia: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 41. Rest of Europe: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 42. APAC: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 43. APAC: Smart Pest Monitoring Management System Market Revenue Share, By Component (2020 and 2028)

    Figure 44. APAC: Smart Pest Monitoring Management System Market Revenue Share, By End-User (2020 and 2028)

    Figure 45. APAC: Smart Pest Monitoring Management System Market Revenue Share, By Key Country (2020 and 2028)

    Figure 46. Australia: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 47. China: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 48. India: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 49. Japan: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 50. South Korea: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 51. Rest of APAC: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 52. MEA: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 53. MEA: Smart Pest Monitoring Management System Market Revenue Share, By Component (2020 and 2028)

    Figure 54. MEA: Smart Pest Monitoring Management System Market Revenue Share, By End-User (2020 and 2028)

    Figure 55. MEA: Smart Pest Monitoring Management System Market Revenue Share, By Key Country (2020 and 2028)

    Figure 56. South Africa: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 57. Saudi Arabia: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 58. UAE: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 59. Rest of MEA: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 60. SAM: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 61. SAM: Smart Pest Monitoring Management System Market Revenue Share, By Component (2020 and 2028)

    Figure 62. SAM: Smart Pest Monitoring Management System Market Revenue Share, By End-User (2020 and 2028)

    Figure 63. SAM: Smart Pest Monitoring Management System Market Revenue Share, By Key Country (2020 and 2028)

    Figure 64. Brazil: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 65. Argentina: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 66. Rest of SAM: Smart Pest Monitoring Management System Market – Revenue and Forecast to 2028 (US$ Million)

    Figure 67. Impact of COVID-19 Pandemic in North American Country Markets

    Figure 68. Impact of COVID-19 Pandemic in Europe Country Markets

    Figure 69. Impact of COVID-19 Pandemic in Asia Pacific Country Markets

    Figure 70. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets

    Figure 71. Impact of COVID-19 Pandemic in South America Country Markets

    The List of Companies - Smart Pest Monitoring Management System Market

    1. Ratdar
    2. Anticimex
    3. Bell Laboratories, Inc.
    4. Bayer AG
    5. Corteva
    6. EFOS d.o.o.
    7. SnapTrap B.V.
    8. Pelsis Group Ltd
    9. VM Products
    10. Rentokil Initial plc
    11. Futura GmbH
    12. PestWest USA
    13. RATSENSE
    14. The ServiceMaster Company, LLC
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    Frequently Asked Questions

    The mounting adoption of advanced technology to ease the overall processes performed in the agriculture sector, which includes adopting the automated pest monitoring system by the farmers, decreases the manual intervention in fields. The manual pest controlling process in farming is time-consuming, it involves more labor at an additional cost for farmers, and it raises safety issues for workers. The adoption of smart pest monitoring management systems reduces crop damage by pests and decreases the farmer’s field visits for pest monitoring from time to time. The application of smart pest monitoring management systems boosts the accuracy of pest monitoring at a lower cost.
    The increasing popularity of smart pest control solutions, along with the growing urbanization in developing markets and the advent of megacities, is creating a massive opportunity for the smart pest monitoring management system market. Countries such as China and India are among the key markets targeted by pest control service providers and pesticide suppliers, owing to the presence of high population density and a large middle-class population that is adopting pest control services. The residential sector witnessed a huge demand for smart pest monitoring management systems to efficiently handle the problem of the increasing number of bed bugs, mosquitoes, cockroaches, and termites. Moreover, insecticide aerosols are usually suggested to be applied across small buildings or nearby areas.
    Smart pest monitoring management system by hardware segment comprises smart monitoring traps, mechanical rats and mouse traps, sensors, and GPS drones among others. Smart monitoring traps are monitoring devices attracts targeted insect pests, senses the entering insect, and takes pictures of it. The trap also includes strong attractants (pheromone and/or food) to increase capture efficiency and traps the insect on its sticky floor. Further, the mechanical rats and mouse traps uses jaws that are operated by a coiled spring and triggering mechanism. Furthermore, sensors with internalized antenna can be used in any multi-catch trap or station other device without tools. The sensor can also be used outside of traps to monitor insects.
    The commercial end-user segment of smart pest monitoring management system comprises commercial premises and properties. The commercial premises mainly entail offices, shopping malls, commercial complex, warehouses, and hospitals among others. On other hand, commercial properties majorly include hotels, restaurants, and resorts among others. The commercial segment is expected to register significant amount of smart pest monitoring management system market share owing to the rising number commercial premises and properties across the globe. Since, in commercial places visitors visit very frequent, the owners of the places do pest control on regular intervals to keep the place healthy.
    The US, Canada, and Mexico are the key contributors to the Noth America smart pest monitoring management system market. The US and Canada are the developed countries in terms of modern technologies, the standard of living, and infrastructure. North America is one of the frontrunners in terms of developing and accepting new and advanced technologies. Also, North America is attracting massive foreign direct investment in manufacturing and several other industries, which creates a lucrative opportunity for smart pest monitoring management system players to grow the market. Further, the smart pest monitoring management system market is expected to grow significantly due to rising initiatives from the governments to implement pest management programs in all possible places.
    With the advent of advanced technologies such as artificial intelligence (AI), the acceptance of smart pest monitoring management systems is also rising, owing to their low service cost and ability to operate in real-time without interrupting the operation of the facility. Consequently, the demand for advanced pest control solutions is estimated to witness high growth in the coming years. The pest control service providers such as Rentokil, are robustly focusing on the integration of AI-based image-recognition technology to detect and handle different types of vermin and bugs. Also, the company's pest control specialists use a mobile app “PestID”—developed by Accenture—to detect bugs more efficiently.

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