Smart Agriculture/Farming Market Trends, Analysis, Share, Size, Segmented Outlook and Forecasts To 2025
“The Global Smart Agriculture/Farming Market is anticipated to reach USD 18.21 billion by 2025, according to a new report. Factors such as consistent growth in population, low availability of cultivable land, government incentives, and demand for fresh and high-quality food are expected to drive the smart greenhouse market.
The Global Smart Agriculture/Farming Market is anticipated to reach USD 18.21 billion by 2025, according to a new report. Factors such as consistent growth in population, low availability of cultivable land, government incentives, and demand for fresh and high-quality food are expected to drive the smart greenhouse market. According to World Health Organization (WHO) and Population Council, 80% of the global population resides in urban cities. The prevailing scarcity of land in urban cities has urged growers to adopt new solutions for developing fresh produces. For instance, the vertical farming technique enables consumers to grow crops indoor in layers, in a multi-story building, stacked on racks, or in a warehouse. The growing population is expected to result in an increased food demand by 2050. Farmers are likely to witness immense pressure in increasing crop production either by making more land available to grow crops or adopting newer techniques, such as smart agriculture and vertical farming. Traditional farming techniques witness several barriers such as climate change, high labor cost. These disadvantages can be overcome with the use of technologies such as LED indoor farming, which creates a nature-like condition to help farmers meet the swelling food demand. Additionally, the changing preference of consumers toward healthier and fresh foods is expected to drive market growth over the forecast period. Agri M2M offers significant opportunities to mobile operators owing to its potential to generate additional revenue through value-added services.
Request A Sample copy of This Report @ http://www.hexareports.com/report/smart-agriculture-farming-market/request-sample
Follow Us:
For instance, bundling M2M services with a voice or data offering for rural enterprise customers is likely to enhance the application of M2M. Agri VAS has been developed to overcome the information gap faced by farmers in emerging markets such as China and India. Additionally, it also helps in connecting the cultivators with other key players in the agriculture supply chain. Agriculture Value Added Services (VAS) have increased over the past few years owing to their rising awareness among VAS providers, mobile operators, and farmers. A few types of M2M connectivity include cellular M2M, satellite & fixed network, power line, and short range connections such as Wi-Fi, Ethernet, and ZigBee.
Browse Detail Report With TOC @ http://www.hexareports.com/report/smart-agriculture-farming-market Further Key Findings From the Report Suggest: • • • • • • •
The growing trend of producing bio-pharmaceutical products under a controlled environment is expected to drive the smart greenhouse market demand over the projected period. The software segment is expected to portray the highest growth rate, registering a CAGR of 16.7% over the forecast period. The LED grow light segment is anticipated to witness a considerable growth rate over the forecast period. The indoor farming technique makes use of LED to create natural surroundings for growing vegetables and herbs. The advent of modern agriculture technology along with the flexible pricing of connected devices is likely to influence the South American regional market demand. Various organizations are investing heavily in R&D to offer efficient and low-cost solutions to consumers. Key players in the smart farming market includeCropMetrics LLC (U.S.), Drone Deploy (U.S.), DeLaval International AB (Sweden), DICKEY-john Corporation (U.S.), and Farmers Edge, Inc. (Canada), among others.
Browse More Technology Related Market Research Reports: • Gallium Nitride (GaN) Semiconductor Devices Market Analysis By Product (GaN Radio Frequency Devices, Opto-semiconductors, Power Semiconductors), By Wafer Size, By Application, By Region, And Segment Forecasts, 2014 - 2025http://www.hexareports.com/report/gallium-nitride-gan-semiconductor-devices-market • n-Memory Analytics Market By Application, By End-use (SMEs, Large Enterprises), By Vertical (BFSI, Retail, Defense, Healthcare, Manufacturing, ITES), By Region, And Segment Forecasts, 2014 - 2025http://www.hexareports.com/report/in-memory-analytics-market
Follow Us:
About Us: Hexa Reports is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives.
Contact Information: Ryan Shaw Felton Office Plaza, 6265 Highway 9, Felton, California, 95018, United States Phone Number 1-800-489-3075 Email Us: sales@hexareports.com Our Website: http://www.hexareports.com/
Follow Us: