Press release
Smart Agriculture Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031
The global smart agriculture market is anticipated to grow at a CAGR of 11.5% during the forecast period. The growing agriculture industry of India is anticipated to offer lucrative opportunity to the growth of the global smart agriculture market. Agriculture accounted for almost 17.8% of India's Gross Value Added (GVA) in 2019-20. According to the World Bank's collection of development indicators, employment rate in the Indian agriculture sector stood at 41.5% in 2020. Smart farming has emerged to be the need of the hour for the Indian agriculture sector. It is much more efficient than the traditional methods of farming. The small and marginal farmers of India find it challenging to integrate digital and physical infrastructures which hamper their revenue growth. Agro-based start-ups can reach out to the farmers and help them gain access to such viable and cost-effective solutions.To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/smart-agriculture-market
According to the Ministry of Agriculture, the government is taking various smart agriculture initiatives such as:
• Crop yield prediction model using artificial intelligence (AI): In 2018, the National Institution for Transforming India (NITI Aayog) partnered with IBM for developing a crop yield prediction model using AI. This helps in providing real-time advisory to farmers.
• AI sensors for smart farming: The Indian government has partnered with Microsoft for empowering small-holder farmers in India. The partnership seeks to increase the income of the farmers through greater crop yield and superior price control using AI sensors. The partnership would help boost the adoption of AI in farming.
• Drones for monitoring soil and crop health: The government has launched a project, Sensor-based Smart Agriculture (SENSAGRI), involving six institutes. In this project, drones would be used for smooth scouting over land fields, for collecting precious information and transferring the data to farmers on a real-time basis. The project would be funded by institutes such as Ministry of Communication and Information Technology (MCIT), Department of Electronics and Information Technology (DEITY), Information Technology Research Academy (ITRA) and Indian Council of Agricultural Research (ICAR).
Global Smart Agriculture Market Report Segment
By Offering
• Hardware
• Software
• Services
By Type
• Precision Farming
• Livestock Monitoring
• Smart Greenhouse
• Other Type
A full report of Smart Agriculture Market available @ https://www.omrglobal.com/industry-reports/smart-agriculture-market
Smart 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
• AGCO Corp.
• AgEagle Aerial Systems Inc.
• AgJunction, Inc.
• Argus Control Systems Ltd.
• Autonomous Solutions, Inc.
• BouMatic Robotic B.V.
• CLAAS KGaA
• CropMetrics LLC
• Deere & Company, Inc.
• DeLaval Inc.
• DroneDeploy, Inc.
• Farmers Edge Inc.
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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