Agricoltura
Latest Market Reports From BIS Research on Different Precision Agriculture Techniques Suggest Growth in Billions of Dollars
In 2021, the global IoT in agriculture market was valued at $21.99 billion . According to BIS Research study, this market is set to reach $35.55 billion by 2026 with a CAGR of 10.1%.
IoT allows sensors-enabled devices to communicate and interact with one another through the internet. Various components in the farm industry, including sheds, tractors, pumps, weather stations, and computers, can be remotely monitored and operated in real-time.
IoT allows farmers to remotely monitor agricultural conditions and infrastructure, reducing time in the field, labor efforts, and investment capital, among other things, allowing them to focus on other things.
As per a report from BIS Research, the global artificial intelligence in the agriculture market is estimated to reach $6.65 billion during the projected period 2021-2026, with a CAGR of 30.56 %.
The market is growing because artificial intelligence-based solutions are becoming more popular in various parts of the world.
Artificial intelligence technology applies the cognitive computing idea to agriculture, with farm equipment intelligence fashioned after human intelligence. Using predictive analytics for agricultural input decisions and farm process planning, artificial intelligence technologies assist farmers in improving their planning to create profitable crop yields.
In 2020, the global agricultural sensors market was valued at $4.18 billion and is estimated to reach $9.79 billion by 2026 with a CAGR of 15.4 %. The rise can be ascribed to a greater understanding of the advantages of alternative and optimal agricultural approaches over traditional farming.
Agriculture sensors are devices that are utilized in smart farming. These sensors give information that helps farmers monitor and optimize crops by adjusting to changes in the environment.
Farmers may use smart sensor technologies to remotely monitor the insect population in their fields in real-time. Using online cloud services and a dashboard, they may take rapid action to protect their crops.
During the projected period 2021-2026, the global hyperspectral imaging in the agriculture market is estimated to reach $56.88 million , with a CAGR of 11.93 %. Because of the rising emphasis on precision farming throughout the world, the industry is growing at a rapid pace.
Through unmanned aerial vehicle (UAV) systems, hyperspectral imaging has applications in a wide range of sectors, including mining, agriculture, astronomy, and surveillance. A wide range of crop difficulties may be handled with hyperspectral imaging cameras and accessories.
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