Monday, June 29, 2020

Smart Farming Market Projected to Register 15.82% CAGR to 2030 - Trimble, DeLaval, Ag Leader Technology

Smart farming market is estimated to be over US$ 7.5 billion in 2019. The market is anticipated to grow at a CAGR of 15.82% from 2019 to 2030. Smart farming market report gives comprehensive outlook on Smart farming across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA).

Major Key Players of the Smart Farming Market are:Deere & Company, Trimble Inc., DeLaval, Ag Leader Technology, Decisive Farming, Telit, Allflex, OnFarm Systems Inc., Smartcultiva Corporation, and AKVA group, among others.

The growth of the global smart farming market can be attributed to factors, such as increasing adoption of Internet of Things (IoT) & data analytical software's in farming applications. Moreover, increasing focus on monitoring of crops & livestock inoder to safeguard from diseases and improve the efficiency of farming is also propelling the market growth. The combination of technologies in farming facilitates machine-derived data and this data helps users to take decisions accordingly. It helps to eliminate the risk of loose yield and quality of production. Smart farming helps to reduce overall costs and users can monitor the production of crops and livestock on a regular basis.

Read More @ https://www.openpr.com/news/2051328/smart-farming-market-projected-to-register-15-82-cagr-to-2030 


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