IoT in Fisheries and Aquaculture Market Accelerates with AI-Driven Smart Monitoring Solutions

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 2034."

According to the latest research by InsightAce Analytic, the global IoT for Fisheries and Aquaculture market is valued at 358.87 Million in 2024, and it is expected to reach US$ 1258.99 Million by the year 2034, with a CAGR of 13.5% during a forecast period of 2025-2034.

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The Internet of Things (IoT) is increasingly being applied across diverse industries, including fisheries and aquaculture, to improve operational monitoring and management. IoT-enabled solutions, equipped with advanced sensors, allow for continuous measurement of critical water quality parameters-such as temperature, pH, dissolved oxygen, and ammonia levels-ensuring optimal environmental conditions for the health and growth of aquatic species.

The global IoT market in fisheries and aquaculture is projected to experience strong growth, driven by the rapid expansion of aquaculture operations, heightened research and development investments, ongoing technological advancements, and growing demand for protein-rich seafood. Key growth enablers include the adoption of recirculating aquaculture systems (RAS), the increasing use of sophisticated aquaculture equipment, and the deployment of underwater remotely operated vehicles (ROVs), particularly in emerging markets.

In addition, stakeholders are focusing on the development of cloud-based analytics platforms that leverage artificial intelligence and integrate data from smart sensors and satellite technologies to optimize farm management and promote environmentally sustainable practices. The continued evolution of aquaculture as a scalable and reliable food production system is expected to sustain demand for integrated IoT solutions within the sector.

However, market growth may be constrained by several challenges, including the technical complexities of IoT system integration, high costs associated with continuous monitoring, a shortage of skilled personnel, substantial upfront capital investments, and limited digital literacy among traditional aquaculture operators. Overcoming these barriers will be essential to fully realizing the potential of IoT in enhancing productivity and sustainability in the fisheries and aquaculture industry.

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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

Read Overview Report- https://www.insightaceanalytic.com/report/global-iot-for-fisheries-and-aquaculture-market/1303

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This release was published on openPR.