Global Smart Agriculture Market Set To Grow To $23.7bn By 2022
06 August 2018
Visiongain’ has launched a new cyber report Global Smart Agriculture Market 2018-2028: Hardware Parts, Software, Services, Sensor Based Monitoring System,
Smart Detection System, GPS Enabled Ranging Systems, Yield Monitoring, Soil Health Monitoring, Irrigation Systems, Asset Management Systems, Smart Greenhouse, Others
Smart agriculture incorporates IoT based technology hardware and software solution to enhance operational efficiency, maximize yield and minimize resource wastage through real-time field data collection, data analysis, and deployment of control mechanism. Several IoT based agricultural applications such as precision farming, livestock monitoring, yield monitoring, soil health monitoring, irrigation, asset management and greenhouse among others are important to enhance the overall agricultural process. IoT based solutions can address agricultural issues and assist in increasing overall quality and quantity of agricultural production, making farming more intelligible and more connected.
The lead analyst of this report commented “Though penetration of smart technology in the agriculture sector is expected to bring positive changes to the industry, the key concern for the companies providing these facilities is education for the farmers regarding the benefits of implementing and adopting the intelligent agriculture solutions.
Moreover, the high cost of adopting such smart solutions is a serious challenge for farmers in developing countries such as China, Brazil, India and major parts of the sub Saharan Africa. The initial setup of smart agriculture technology requires significant capitalization. In developing and underdeveloped provinces, deployment of IoT ecosystem in farmlands is challenging owing to the lack of capital and cultural restriction.”
Leading companies featured in the report include Ag Leader Technology, Inc., AGCO Coporation, AgJunction, Inc., Deere & Company, Raven Industries, Inc., Trimble, Inc.
SemiosBio Technologies Inc., SST Software, Teejet Technologies, Topcon Positioning Group
Notes for Editors
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