Rising Incorporation of IoT beneficial to Global Livestock Monitoring Market Growth

According to a new market research report launched by Inkwood Research, the Global Livestock Monitoring Market is expected to reach $22526.62 million by 2030, growing at a CAGR of 19.66%.

Browse 35 market data tables and 58 figures spread over 205 Pages, along with an in-depth analysis of the Global Livestock Monitoring Market by Animal Type, Product Type, Application, & by Geography

Refer to the Report Summary Here: https://inkwoodresearch.com/reports/livestock-monitoring-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR

This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.

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Global Livestock Monitoring Market Scenario

There have been many animal disease outbreaks in recent years, propelling the demand for livestock monitoring solutions. Also, government initiatives for animal traceability programs are projected to impact the adoption of solutions like RFID tags, neck/collar tags, injectable tags, etc. Also, the increasing population and the growing adoption of cattle monitoring technologies offer growth opportunities.

Further, IoT technology is set to play a huge role in improving the livestock & farming industry and meeting food demands. Innovative IoT-based technologies and applications are incorporated to minimize the loss by gathering data on the cattle in real-time, control mechanisms, and data analytics, optimizing returns, and increasing operating performance. These solutions further facilitate livestock keepers and farmers to monitor livestock health, thereby enabling growth opportunities for the global livestock monitoring market.

The Global Livestock Monitoring Market report provides data tables and includes charts and graphs for visual analysis.

The Australia livestock monitoring market is estimated to record a CAGR of 19.88% across the forecasting period, 2022 to 2028.
Here's a link to our Country Report Summary: https://inkwoodresearch.com/reports/australia-livestock-monitoring-market/

Market Segmentation

Market by Animal Type
• Swine
• Poultry
• Equine
• Goat & Sheep
• Cattle
• Other Animal Types

Market by Product Type
• Service
o Integration & Deployment
o Maintenance & Support
o Other Services
• Hardware With Integrated Software & Systems
o GPS
o Sensors
o Other Product Types (RFID, Smart Cameras)
• Standalone Software
o On-Cloud
o On-Premise

Market by Application
• Heat Stress
• Animal Health Monitoring & Comfort
• Feeding Management
• Breeding Management
• Behavior Monitoring
• Milk Harvesting
• Other Applications

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Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030

Companies Profiled
• DELAVAL
• AFIMILK LTD
• NEDAP NV
• VALLEY AGRICULTURE SOFTWARE
• CATTLE EYE LTD
• HERDX INC
• ALLFLEX LIVESTOCK INTELLIGENCE
• GEA GROUP
• SENSAPHONE
• COWMANAGER BV
• LELY
• DAIRYMASTER
• CONNECTERRA BV
• CAINTHUS
• BOUMATIC

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This release was published on openPR.