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IoT in Agriculture Market Size Report Predicts Healthy Growth with Demand & Forecasts by 2024-2031

06-08-2024 12:11 PM CET | IT, New Media & Software

Press release from: Orion Market Research

IoT in Agriculture Market Size Report Predicts Healthy Growth

The global IoT in the agriculture market is anticipated to grow at a CAGR of 11.5% during the forecast period. The market is driven by growing demand for sustainable farming, increasing need to improve production efficiency, growing government support, technological advancements such as the use of AI/ML, image processing in IoT products, and increasing investments in the sector from both public and private organizations. For instance,

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/iot-in-the-agriculture-market

In March 2023, Bayer and Microsoft finalized their partnership, which was announced over a year ago, to develop a cloud-based set of data tools and data science solutions for the food and agriculture industry. With this partnership.
In April 2023, Bosch, BASF Smart Farming, and AGCO Corporation jointly announced their collaboration to integrate and bring Smart Spraying technology to Fendt Rogator sprayers. Additionally, they will work together to develop new features for these sprayers.

In February 2023, The Jammu and Kashmir government approved a project called "Sensor-based Smart Agriculture" for $3.7 million The project aims to integrate agriculture with technology driven by artificial insemination and the Internet of Things (IoT) to automate practices, improve resource use efficiency, and increase profitability. The project will also be expected to enable the use of high-tech polyhouses for year-round cultivation of cash crops. IoT and automation will be used to monitor the microclimatic parameters of plants in these polyhouses.
In February 2023, the government of India announced to establish of a fund to support agritech-startups. The fund aims to increase digital infrastructure in rural areas and boost startups in this space. The fund will work to develop cost-effective solutions to address the challenges faced by farmers by introducing new technologies and increasing output. The minister said that the Agriculture Accelerator Fund is part of the government's inclusive development agenda.

Global IoT in Agriculture Market Report Segment

By Type

• Hardware
• software

By farm size

• small
• medium
• large

By Application

• Precision Agriculture
• Livestock Monitoring
• Aquaculture Management
• Greenhouse Automation
• Soil and Crop Monitoring

A full report of IoT in Agriculture Market available @ https://www.omrglobal.com/industry-reports/iot-in-the-agriculture-market

IoT in Agriculture Market Report Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• AG Leader Technology, Inc.
• AgJunction LLC (a subsidiary of Kubota Corporation)
• Arable Labs, Inc.
• Ceres Imaging, Inc.
• Climate LLC
• Cropin Technology Solutions Pvt Ltd
• Farmer Edge Inc.
• FarmWise Labs, Inc.
• Harvest CROO Robotics LLC.
• iFoodDecisionSciences, Inc.
• iOTFarm, Inc.
• Kverneland AS

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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