IoT in Fisheries and Aquaculture Cultivating Efficiency Diving into Data The IoT Revolution in Fish Farming

IoT for Fisheries and Aquaculture Market Assessment worth $ 1.23 Billion by 2030 - Exclusive Report by InsightAce Analytic

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global IoT for Fisheries and Aquaculture Market- by Application (Feed Optimization, Monitoring and Surveillance, Yield Analysis and Measurement, and Other Applications), System Type

(Smart Feeding Systems, Precision-fishing techniques, Smart Buoy technology, Metocean Data Collection, Monitoring and Control Systems, Underwater ROV Systems, and Other System Type), Farm Type (Open Aquaculture Farms and RAS Farms), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

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According to the latest research by InsightAce Analytic, the global IoT for Fisheries and Aquaculture market is valued at US$ 415.37 Million in 2021, and it is expected to reach US$ 1,232.32 Million by 2030, with a CAGR of 13.2% during a forecast period of 2024-2031.

The Internet of Things (IoT) has emerged as a powerful tool in the aquaculture industry. IoT-based equipment plays a crucial role in monitoring essential parameters and optimizing fish farming practices. Sensors track a variety of water quality data, including temperature, pH levels, ammonia content, and dissolved oxygen. This real-time data collection helps ensure a healthy habitat for fish and improve overall farm efficiency.

The IoT for fisheries and aquaculture market is anticipated to experience significant growth. Several factors are driving this expansion:
• Increased investment in R&D: Growing research and development efforts are leading to advancements in IoT technology specifically designed for aquaculture needs.

• Expansion of aquaculture farms: The global rise in aquaculture farms creates a larger market for IoT solutions.

• Product innovation: Continuous development of innovative IoT products caters to the evolving needs of the industry.

• Rapid technology adoption: Aquaculture farms are increasingly embracing advanced technologies, including IoT solutions.

• Rising demand for protein: The growing global demand for high-protein seafood fuels the need for efficient and sustainable aquaculture practices.
Within the aquaculture sector, the widespread adoption of Recirculating Aquaculture Systems (RAS) and underwater Remotely Operated Vehicles (ROVs) is further propelling the use of IoT.

Additionally, companies are focusing on cloud-based analytical tools that leverage artificial intelligence (AI) to collect data from sensors and satellites. These tools are designed to enhance the efficiency and environmental sustainability of aquaculture operations.

However, the growth of the IoT for fisheries and aquaculture market faces some challenges. These include:
• Complex system processes: Integrating and managing intricate IoT systems can be demanding.
• High monitoring costs: The initial investment in setting up an IoT infrastructure can be substantial.
• Skilled labor shortage: A lack of personnel trained in operating and maintaining IoT systems can be a hurdle.
• Significant capital investment: Implementing an IoT system often requires a significant upfront investment.
• Knowledge gap: Some farmers may require additional training to effectively utilize advanced IoT technologies.


The Asia Pacific is anticipated to be the major contributor to the IoT for the Fisheries and Aquaculture market over the forecast years because the aquaculture business is expanding and advanced technology is being adopted quickly. The leading nations in this region are China, India, Indonesia, and Japan. The increasing usage of aquaculture equipment in fish farms worldwide,

the popularity of aquaculture farming employing recirculating aquaculture systems (RAS), and the rapid use of underwater ROVs in developing countries are the primary drivers of market expansion. In addition, the North America IoT for Fisheries and Aquaculture market is expected to grow significantly during the forecast period. The increasing number of aquaculture farms increased R&D spending, and extensive product innovation may boost the expansion of the IoT for the Fisheries and Aquaculture market in this region.

Major market players operating in the IoT for Fisheries and Aquaculture market include Lifegard Aquatics (US), Bluegrove (Norway), Imenco AS (Norway), In-Situ (US), Signify (Netherlands), Jala Tech (Indonesia), Maritech Systems (Norway), Aquaconnect (India), AquaMaof (Israel), Planet Lighting (Australia), MonitorFish (Germany), Observe Technologies (UK), AKVA group (Norway), InnovaSea Systems (US), Steinsvik (ScaleAQ) (Norway), Deep Trekker

(Canada), Aquabyte (US), OxyGaurd (Denmark), Eruvaka Technologies (India), Akuakare (Turkey), CPI Equipment (Canada), Omso Systems (US), Optimar AS (Norway), Sensorex (Norway), BlueTraker, Scatri, ORBCOMM, NEC Global, Libelium, KDDI Corporation, HydroNeo, eFishery, Marine Instruments, Blue Ocean Gear, GO Smart, Satlink, BOC MetOcean, DHI Group, and Other Prominent Players.

Recent collaborations and agreements in the market:
• In April 2022, Halma, a multinational coalition of life-saving technology companies, purchased Deep Trekker Inc. Deep Trekker will continue to operate as a distinct entity under Halma's leadership and will be integrated into the Environmental & Analysis sector.

• In June 2022, In order to deploy an artificial intelligence (A.I.) solution powered by the internet of things (IoT) water quality sensors, fisheries and AquaEasy inked a distribution cooperation agreement. This multimillion-dollar partnership intends to boost the production, profitability, and long-term viability of Indonesia's shrimp farming industry.

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Market Segments
Global IoT for Fisheries and Aquaculture Market, by Application, 2022-2030 (Value US$ Mn)
• Feed Optimization
• Monitoring and Surveillance
• Yield Analysis and Measurement
• Others

Global IoT for Fisheries and Aquaculture Market, by System Type, 2022-2030 (Value US$ Mn)
• Smart Feeding Systems
• Precision-fishing technique
• Monitoring and Control Systems
• Smart Buoy technology
• Metocean Data Collection
• Underwater ROV Systems
• Other System Type

Global IoT for Fisheries and Aquaculture Market, by Farm Type, 2022-2030 (Value US$ Mn)
• Open Aquaculture Farms
• RAS Farms

Global IoT for Fisheries and Aquaculture Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

North America IoT for Fisheries and Aquaculture Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada

Europe IoT for Fisheries and Aquaculture Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe

Asia Pacific IoT for Fisheries and Aquaculture Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand

Latin America IoT for Fisheries and Aquaculture Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa IoT for Fisheries and Aquaculture Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global IoT for Fisheries and Aquaculture market
 To receive an industry overview and future trends of the IoT for Fisheries and Aquaculture market
 To analyze the IoT for Fisheries and Aquaculture market drivers and challenges
 To get information on the IoT for Fisheries and Aquaculture market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the IoT for Fisheries and Aquaculture market industry

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