Agricoltura
Smart Agriculture Market Revenue to Hit US $15,344 Million by 2025 - Latest Research Report with Global Industry Analysis Published by Zion Market Research
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As estimated in this report, the global smart agriculture market stood at US$ 5,098 million in the year 2016. Witnessing a tremendous rise during the period from 2017 to 2025, the revenue in this market is expected to reach US$ 15,344 million by the end of the forecast period. The main types available in this smart agriculture market are precision farming, livestock monitoring, fish farming, smart greenhouse, orchid, forestry, and horticulture. Among the three, the demand for precision farming is relatively higher and the trend is anticipated to remain so over the next few years, notes the smart agriculture market research report.
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"Escalating requirement for monitoring crop yield, milk harvesting, water management, farm labor management, crop scouting, animal tracking & navigation, and breeding management will further spur smart agriculture market in the coming years," says the author of this smart agriculture market study. Apart from this, smart agriculture market is projected to garner a humungous growth over the next few years with the mounting use of advanced cloud-based software in smart farming techniques offering remote access & monitoring of day-to-day agricultural activities.
Regionally, Asia Pacific has been leading the worldwide smart agriculture market and is anticipated to continue on the dominant position in the years to come, states the smart agriculture market study. Escalating demand for food and other dairy items is the main factor behind the dominance of the Asia Pacific smart agriculture market. The dominance can also be attributed to rapidly swelling population in countries such as India and China along with growing food requirement in these regions. In addition to this, the rural economies of the countries in the APAC region are agriculture-based and this will further drive the demand for advanced techniques in farming to get more crop harvest, thereby supporting the smart agriculture market trends.
The global smart agriculture market is segmented as follows:
Others (Orchid, Forestry, and Horticulture)
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