The global IoT in agriculture market is classified based on application into precision farming, livestock monitoring, smart greenhouse, and fish farm monitoring. The precision farming segment dominated the IoT in agriculture market with the largest share in 2017 and is expected to exhibit significant growth during the forecast period. Precision farming through application of communication …
Tag Archives: IOT in Agriculture Market
Internet of Things (IoT) in Agriculture Market to Grow at a CAGR of 14.70%, Globally, by 2025
Increase in demand for food with rise in global population, adoption of new technologies for improving yield, and implementation of IoT-based technologies to cope up with changing climatic conditions drive the growth in the global IoT in agriculture industry. Internet of Things (IoT) in Agriculture Market by System (Automation and Control Systems, Sensing and Monitoring Devices, Livestock Monitoring Hardware, …
IOT in Agriculture Market projected to Expand at Significant CAGR of 14.7% Globally From 2018-2025
According to a new report published by Allied Market Research, titled,“Internet of Things (IoT) in Agriculture by System and Application: Global Opportunity Analysis and Industry Forecast, 2018 – 2025, “the global IoT in agriculture market is expected to generate $48,714 million by 2025, growing at a CAGR of 14.70% from 2018 to 2025. In 2017, the …