The global Smart Agriculture Market is currently valued at $13.1 billion in 2022 and is expected to reach a valuation of $20.8 billion by 2027 growing at a CAGR of 9.5%. The adoption of advanced technologies such as internet of things (IoT), ML (Machine Learning), GPS (Global Positioning System), GIS (Global Information System), and other technologies has drastically enhanced productivity, reduced the cost of production, and preserve the health of the soil in the long run. The integration of IoT and the usage of robots, drones, remote snsors, and computer imaging for monitoring crops, surveying, and mapping fields will provide data to farmers to rationalize their farming process according to environmental needs, which will rapidly accelerate the growth of this market.
The use of GPS and GIS for the monitoring of specific locations in the field, monitoring the soil quality, and visualization of the field data on a map coupled with the application of big data analytics to derive critical insights will drastically improve the productivity of the land. Apart from this, the rapid adoption of precision farming where precise inputs are given to increase the productivity of the land, and the creation of a smart greenhouse will positively impact the growth of this market.
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The use of GPS and GIS for the monitoring of specific locations in the field, monitoring the soil quality, and visualization of the field data on a map coupled with the application of big data analytics to derive critical insights will drastically improve the productivity of the land. Apart from this, the rapid adoption of precision farming where precise inputs are given to increase the productivity of the land, and the creation of a smart greenhouse will positively impact the growth of this market.
This product will be delivered within 2 business days.
Table of Contents
1. Smart Agriculture Market - Market
2. Smart Agriculture Market - Executive Summary
3. Smart Agriculture Market
4. Smart Agriculture Market - Startup Companies Scenario Premium
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