The variable technology segment is anticipated to record a high CAGR, while the hardware segment is likely to grab more than half of the share of the market in terms of BPS analysis
The global smart agriculture solution market was estimated to be valued in excess of US$ 10 Bn by the end of 2016, reflecting a Y-o-Y growth rate of more than 5% over 2015. By 2026, the market is expected to reach a value close to US$ 40 Bn, increasing at a CAGR of 11.2% during the ... Read more
The global smart agriculture solution market is segmented into component solution and region. Component segment is further sub-segmented into hardware, software & services and others. Likely, hardware segment accounted for major share of overall smart agriculture solution and is expected to witness significant growth during the forecast period. Rise in demand for GPS enabled devices and agricultural drones are also the major factors which are likely to allow hardware segment to continue ... Read more
Smart agriculture solutions incorporate various technologies and devices that help farmers monitor their crops and farm assets. These solutions offer precision farming via sensors, IoT, robotics and analytics to improve agricultural productivity. Smart agriculture solutions help farmers optimise resource use, increase yield and reduce input costs through remote monitoring of soil condition, weather, crops growth stages and overall farm assets.
Smart agriculture solutions enable precise monitoring of soil and crops conditions. Precision farming helps farmers maximize yields and monitor soil moisture, plant health through sensors and IoT devices. Smart agriculture solutions provide soil analytics, monitor crops growth stages, detect diseases and forecast yields through machine learning and data analytics.
The global Smart Agriculture Solution Market is estimated to be valued at US$ 33424.85 Mn ... Read more
