The global agricultural sector is currently evolving, as applications for the Internet of Things (IoT) technology disrupts more traditional methods of farming. With use cases that target several different segments of the market already available, new solutions are being created to evolve more segments. The fact that there is no single, specific problem experienced by all farmers and ranchers has led to the development of a variety of different solutions, notably including water usage concerns from the government and projected population growth over the next three decades. Agriculture IoT Market Development By 2024, over 2 million farms and 36 million cattle will be connected, according to the latest worldwide market study by ABI Research. There's a significant upside opportunity for IoT apps within the agricultural market -- specifically connected agriculture in field crops, tree crops, and livestock. For field and tree crops, the primary driver for the introduction of conn...
TMT Market Research and Analysis