Smart Agriculture Market 2017 Analysis and Forecast to 2025 Smart Agriculture Market - Global Industry Analysi
Smart Agriculture Market - Global Industry Analysis, Size,
Share, Growth, Trends and Forecast 2017 – 2025
Global Smart Agriculture Market: Overview
The rapid escalation of food demand due to the growing population worldwide is boosting the demand
for smart agriculture. The smart agriculture engages advanced technologies such as Big Data, GPS,
IoT and connected devices. Smart agriculture helps in automated farming, collection of data from the
field and then analyses it so that the farmer can make accurate decision in order to grow high quality
crop. The field data are collected with the help of sensors, cameras, micro controllers, and actuators.
Then the collected data are transferred via internet to the operator or the farmer for decision making.
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Global Smart Agriculture Market: Drivers and Restraints
The major drivers of the global smart agriculture market are the increase in demand for usage of latest
technologies in agriculture, rising global food demand, surging need for livestock monitoring, and
increase in greenhouse farming. Due to rapid acceleration in the global population, the demand for
food is also increasing and on the other hand agriculture labor is decreasing. Due to this, the individual
farmers and the corporate farming houses are adopting the smart agriculture tools and equipment in
order to minimize the. This will help the farmers and corporate houses to grow high quality crops in
large quantity to meet the required food demand. The sensors and cameras used in smart agriculture
provides information to the operator for water level, fertilizers as well as light required for growing the
best quality food.
The smart agriculture market has factors limiting the market growth such as high cost of the smart
devices and less awareness about the latest technologies among the farmers. The high cost involved
in manufacturing of smart devices, is in turn increasing the price of the final product which is limiting
the farmers in procuring the smart devices.
Global Smart Agriculture Market: Key Segments
The market for smart agriculture is segmented on the basis of solutions, applications and geography.
On the basis of solutions, the market of smart agriculture is further segmented as network
management, agriculture asset management, supervisory control and data acquisition, logistic and
supply chain management, smart water management and others. Network management has been
heavily deployed as it involves the operations related to remote monitoring systems and it also helps
in analyzing the data generated from the field. Smart water management aims to reduce human labor,
minimize weather risks, and increase the off-season production by saving water and energy by the