Iot In Agriculture Market - Development by Companies Outlook, Growth Prospects and Key Opportunities by 2030
The updated ‘Global IoT in Agriculture Market Report
2030’ is now available with Market Industry Reports (MIR). Researchers have
provided detailed analysis on ongoing trends and developments in the product,
product preference by large end-users, and strategies adopted by the key
players for the competitors to identify opportunities and expand considerably.
Some Of The Prominent
Players In The Iot In Agriculture Market Include:
Deere & Company, Trimble Inc., Cisco Systems, Inc., AKVA
group, Ag Leader Technology, Decisive Farming, Telit, AllflexUSA Inc.,
OnFarmSystems Inc., SmartcultivaCorporation, among others.
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The continual growth of the IoT in Agriculture market can be
attributed to several factors, which have led to its wide-scale adoption.
Rising adoption of IoT by farmers and increasing use of drones in precision
farming are anticipated to further contribute to market growth between 2019 and
2030. However, high technological cost and lack of technical knowledge &
skills among farmers may hamper the global IoT in agriculture market to a
certain extent.
Adoption of drones in precision farming is one of the major
factor influencing the extensive market growth of IoT in Agriculture globally.
Drone technology are mainly used to monitor crops, identify issues in
agriculture, and detect & control diseases and pests, therefore further
propelling their adoption.
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IoT in Agriculture Market by Application
Based on application, the market is segmented into precision
farming, precision forestry, livestock monitoring, smart greenhouse, fish farm
monitoring and others. The precision farming segment is expected to dominate
the IoT in Agriculture market during the forecast period owing to the
increasing efforts on improving farm efficiency and productivity. Precision
farming includes use of several software and hardware devices which helps in
collecting farm-related data which will in turn assist farmers to take better
decision related to their farm and crops.
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