#Global Soil Moisture Monitoring System Industry Report

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Imaging Technologies for Precision Agriculture Market Promising Growth and by Platform Type, Technology and End User Industry Statistics, Scope, Demand by 2034

The agriculture industry is undergoing a significant transformation driven by technological innovations. Among these, imaging technologies for precision agriculture stand out as game-changers, enabling farmers to enhance productivity, minimize costs, and adopt sustainable farming practices. The market for imaging technologies in precision agriculture is experiencing rapid growth, driven by the rising need for food security, increasing adoption of smart farming practices, and advancements in remote sensing.

The global imaging technologies for precision agriculture market is expected to grow at a compound annual growth rate (CAGR) of 11.7% between 2025 and 2035. Based on an average growth pattern, the market's projected revenue in 2035 is expected to reach USD 4.12 billion. In 2025, the global market for imaging technologies for precision agriculture is projected to be worth USD 1.29 billion.

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Applications of Imaging Technologies in Precision Agriculture

Crop Monitoring Imaging technologies enable real-time monitoring of crop health, allowing farmers to detect nutrient deficiencies, diseases, and pest infestations early.

Irrigation Management Thermal and multispectral imaging help optimize water usage by identifying areas with water stress, thus promoting efficient irrigation.

Yield Estimation Accurate yield prediction is crucial for planning harvests and supply chain management. Imaging technologies provide valuable data on crop maturity and expected output.

Soil Analysis Imaging technologies can assess soil moisture content, structure, and nutrient levels, helping farmers implement site-specific management practices.

Imaging Technologies in Precision Agriculture Market Drivers

Rising Adoption of Smart Farming Practices The increasing integration of IoT, AI, and data analytics in agriculture is driving the demand for imaging technologies.

Government Initiatives and Funding Various governments are promoting precision agriculture by offering subsidies and funding for technological adoption.

Growing Demand for Sustainable Farming With climate change concerns and the need to reduce the environmental impact of farming, imaging technologies enable sustainable agricultural practices by optimizing inputs like water and fertilizers.

Challenges in the Imaging Technologies in Precision Agriculture Market

High Initial Investment The cost of advanced imaging equipment, drones, and data analytics platforms can be prohibitive for small-scale farmers.

Data Management Imaging technologies generate large volumes of data, requiring robust systems for storage, processing, and interpretation.

Lack of Technical Expertise Farmers need training to effectively use imaging technologies and interpret the data collected

Top companies in the Imaging Technologies for Precision Agriculture Market are,

The Global Imaging Technologies for Precision Agriculture Market is dominated by a few large companies, such as

DJI

Trimble Inc.

AgEagle Aerial Systems Inc.

Ceres Imaging

Planet Labs PBC

Taranis

GeoPard Agriculture

Resonon

Specim (A Konica Minolta Company)

Agricolus

FIXAR-AERO LLC

Syngenta

Others                    

The leading companies of the Imaging Technologies for Precision Agriculture industry, their market share, product portfolio, company profiles are covered in this report. Key market players are analyzed on the basis of production volume, gross margin, market value, and price structure. The competitive market scenario among Imaging Technologies for Precision Agriculture players will help the industry aspirants in planning their strategies. The statistics presented in this report are an accurate and useful guide to shaping your business growth.

Market Segments

By Technology 

 Hyperspectral Technology 

Multispectral Technology 

 Others

By Product 

 Hardware 

 Cameras

 Sensors 

 Software

By Application 

 Crop Scouting 

Field Mapping 

 Inventory Management 

 Irrigation Management 

 Weather Tracking & Forecasting 

 Yield Monitoring

 Others

Imaging Technologies for Precision Agriculture Industry: Regional Analysis

Forecast for the North American market

The Imaging Technologies for Precision Agriculture market is dominated by North America, which accounts for over 45% of the global market. With the widespread use of cutting-edge precision agriculture methods, this region is predicted to continue holding a sizable portion of the worldwide market, which it presently controls. The United States and Canada have adopted AI-driven technologies, drones, and hyperspectral imagery to improve crop monitoring and production forecasting. The market in this area is further strengthened by significant R&D expenditures and encouraging government regulations.

Statistics about the European Market

Germany, France, and the United Kingdom are among the nations driving Europe's significant growth. These countries are implementing imaging technologies to improve sustainable farming methods and comply with strict environmental restrictions. The market in this region is expanding due to initiatives to combine AI with heat sensors and satellite images.

Market Forecasts for Asia-Pacific

Growing food consumption and rapid urbanization are driving market expansion in nations like China, India, and Japan. Imaging technologies are increasingly being used by public and commercial entities for pest control and irrigation management. The area exhibits significant growth potential as smaller farmers become more conscious of precision farming.

Conclusion

The adoption of imaging technologies in precision agriculture marks a transformative shift towards smarter and more sustainable farming. By offering real-time insights into crop health, soil conditions, and irrigation needs, these technologies enable farmers to make data-driven decisions, ultimately boosting productivity while minimizing resource wastage. As advancements in drone technology, AI-powered analytics, and satellite imaging continue, the market for imaging technologies in precision agriculture is poised for exponential growth. This innovation-driven approach not only helps meet the rising global demand for food but also promotes environmental stewardship, making it a vital tool for the future of agriculture.

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Precision Agriculture: Revolutionizing Farming Practices and Driving Global Growth (2023-2033)

The global precision agriculture market is rapidly reshaping the farming landscape, combining technology and data-driven strategies to optimize productivity and sustainability. As industries seek smarter, more efficient farming methods, precision agriculture is emerging as a game-changer.

This article delves into the upcoming trends in the precision agriculture market, its segmentation, and how diverse industries are leveraging this trend to gain a competitive edge.

Market Overview

Precision Agriculture integrates advanced technologies like IoT, GPS, AI, and drones to monitor and manage crop fields with unparalleled accuracy. The global precision agriculture market was valued at $9,591.8 million in 2023, and it is expected to grow at a CAGR of 15.71% to reach $41,265.0 million by 2033 during the forecast period of 2023-2033.

Key drivers of this growth include:

Rising demand for sustainable farming solutions.

Increased adoption of IoT and AI technologies.

Government support through subsidies and policies encouraging smart farming practices.

Upcoming Trends in Precision Agriculture

Integration of AI and Machine Learning:

Predictive analytics powered by AI provides actionable insights for weather forecasting, pest detection, and crop health monitoring.

AI-driven automation is reducing labor costs and improving decision-making.

Drones and Satellite Imagery:

Drones equipped with high-resolution cameras offer real-time data on crop conditions, soil health, and water distribution.

Satellite imagery is enabling large-scale monitoring, particularly for vast farmlands.

IoT-Enabled Smart Farming:

IoT sensors track parameters like soil moisture, temperature, and nutrient levels, allowing for precise resource allocation.

Connected devices enable farmers to control irrigation systems and machinery remotely.

Blockchain for Supply Chain Transparency:

Blockchain ensures traceability from farm to table, enhancing consumer trust and reducing food waste.

It supports compliance with stringent agricultural regulations.

Autonomous Machinery:

Self-driving tractors and harvesters are reducing labor dependency while enhancing efficiency.

Autonomous equipment is expected to account for 30% of machinery sales by 2030.

Request for sample research report on the global precision agriculture market

Key Market Segmentation

By Technology:

Guidance Systems

Remote Sensing

Variable Rate Technology (VRT)

By Application:

Crop Monitoring

Soil Management

Irrigation Management

Yield Prediction

By Region:

North America

Europe

Asia-Pacific

Rest of the World

How Industries Are Leveraging Precision Agriculture

Agriculture and Agribusiness:

Farmers are optimizing resources, improving yield, and reducing waste.

Agribusinesses are offering smart tools and platforms to enhance operational efficiency.

Technology Companies:

Companies like John Deere, IBM, and Trimble are pioneering IoT, AI, and analytics-based solutions.

Collaborations with agricultural stakeholders are accelerating innovation.

Food and Beverage Industry:

Enhanced traceability and sustainable practices appeal to eco-conscious consumers.

Precision agriculture ensures consistent supply of high-quality raw materials.

Government and Policy Makers:

Subsidies for precision farming tools and equipment are fostering adoption.

Policies promoting water conservation and carbon footprint reduction are aligning with precision agriculture initiatives.

Key Market Challenges and Opportunities

Challenges:

High Initial Costs: Advanced technologies require substantial investment, limiting adoption by small-scale farmers.

Limited Awareness: Many farmers lack knowledge about the benefits of precision agriculture.

Data Security Concerns: Dependence on cloud-based systems raises questions about data privacy.

Opportunities:

Technological Advancements: Innovations in affordable tools and platforms are making precision agriculture accessible.

Rising Global Food Demand: Precision agriculture can bridge the gap between growing demand and limited resources.

Sustainability Goals: Alignment with global environmental objectives is driving widespread adoption.

Get more insights on the Agriculture Market Research Reports.

Future of Precision Agriculture

The future of precision agriculture looks promising, with advancements in robotics, AI, and IoT driving growth. Key focus areas for the next decade include:

Expansion into emerging markets like Africa and Southeast Asia, where untapped potential exists.

Development of low-cost solutions tailored for smallholder farmers.

Greater collaboration between governments, private companies, and research institutions to promote innovation.

Conclusion

The global precision agriculture industry is at the forefront of the agricultural revolution, addressing critical challenges like resource scarcity, climate change, and rising food demand. As industries adopt precision farming technologies, they not only gain a competitive edge but also contribute to a sustainable future.

By staying ahead of trends like AI integration, IoT advancements, and autonomous machinery, stakeholders can reap significant benefits while ensuring long-term agricultural productivity.

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Trends in the IoT Node and Gateway Market 2023 - 2030

The global IoT node and gateway market size is expected to reach USD 1.13 trillion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 13.1% from 2023 to 2030. The market's growth is primarily fueled by the advent of 5G technology, the increasing utilization of wireless smart sensors and networks, a burgeoning market for connected devices, and the rising demand for data centers driven by the growing adoption of cloud platforms. For instance, in August 2023, Intel Corporation launched its new leading-edge chip factories at its Ocotillo campus in Chandler, Arizona. The new factories will support the growing demand for Intel’s products and provide committed capacity for Intel Foundry Services customers, thereby driving market growth over the forecast period.

The growing need for data-driven insights and automation drives the increased demand for connected devices. In sectors like healthcare, the Internet of Things (IoT)-enabled medical devices can monitor patients' vital signs in real time, providing doctors with accurate and timely information for diagnosis and treatment. In agriculture, field sensors can collect data on soil moisture, temperature, and nutrient levels, enabling farmers to make informed decisions about irrigation and fertilization.

IoT devices and gateways often operate in remote or challenging environments where wired connections are impractical. 5G’s broader coverage and improved penetration capabilities ensure that even devices in difficult-to-reach areas can stay connected, enabling applications like smart agriculture, environmental monitoring, and wildlife tracking. 5G mMTC (Massive Machine-Type Communications) capability allows for the seamless connection of many IoT devices within a small geographical area.

Manufacturing industries are embracing IoT nodes and gateways to create smarter factories with real-time monitoring of equipment and production lines, optimizing efficiency and reducing downtime. The need for real-time data processing has led to the adoption of edge computing. IoT gateways play a pivotal role by performing data preprocessing at the edge, reducing latency, and enhancing overall system responsiveness.

North America has been at the forefront of technological innovation, with a robust ecosystem of tech companies, startups, and research institutions. This environment has fostered the development of innovative IoT solutions, making it an ideal market for adoption. The region has quickly embraced emerging technologies such as 5G, edge computing, and AI, which are essential for IoT deployments. In January 2023, Cisco Systems Inc. extended its collaboration with the Grand Duchy of Luxembourg. The aim of this collaboration is to continue to support Digital Luxembourg, the Grand Duchy’s long-term digitalization movement.

IoT Node And Gateway Market Report Highlights 

North America has solidified its position as a key hub for IoT innovation and adoption, due to the advancing technological infrastructure, strong investment in IoT solutions across various industries, and a thriving ecosystem of IoT-related companies

Advancements in microelectronics have led to smaller, more power-efficient IoT nodes. This enables seamless integration into various devices and environments while extended battery life reduces maintenance needs

The growth of smart homesworldwide has been a remarkable phenomenon in recent years. Smart homes are equipped with advanced technology that enables homeowners to control their home systems remotely

The key industry players are Intel Corporation, Cisco Systems, Inc., Huawei Technologies Co. Inc., and NXP Semiconductors, among others. To maintain market share, major firms frequently engage in mergers and acquisitions as well as new product launches

IoT Node And Gateway Market Segmentation

Grand View Research has segmented the IoT node and gateway market based on component, connectivity, end-use, and region:

IoT Node & Gateway Component Outlook (Revenue, USD Billion, 2018 - 2030)

Hardware

Connectivity Integrated Circuits (ICs)

Logic Devices

Memory Devices

Processors

Sensors

Temperature Sensors

Motion Sensors

Light Sensors

Others

Software

Services

IoT Node & Gateway Connectivity Outlook (Revenue, USD Billion, 2018 - 2030)

ZigBee

Wi-Fi

Bluetooth

Z-Wave

Others

IoT Node & Gateway End-use Outlook (Revenue, USD Billion, 2018 - 2030)

Consumer Electronics

Wearable Devices

Automotive & Transportation

BFSI

Healthcare

Retail

Building Automation

Oil & Gas

Agriculture

Aerospace & Defense

Others

IoT Node & Gateway Regional Outlook (Revenue, USD Billion, 2018 - 2030)

North America

US

Canada

Europe

Germany

UK

France

Italy

Spain

Asia Pacific

China

Japan

India

South Korea

Latin America

Brazil

Mexico

Middle East and Africa

South Africa

UAE

Order a free sample PDF of the IoT Node And Gateway Market Intelligence Study, published by Grand View Research.

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Bonsai Market Trends and Competitive Positioning: A Global Outlook for 2024 and Beyond

Bonsai market dynamics have seen remarkable shifts in recent years, driven by changing consumer preferences, environmental awareness, and the global appeal of indoor gardening. Bonsai, an ancient art form that involves cultivating miniature trees, has evolved from a niche hobby to a mainstream cultural phenomenon. With the global demand for sustainable and aesthetically pleasing plants rising, the bonsai market is poised for significant growth in 2024 and beyond.

Market Overview

The global bonsai market is currently experiencing a resurgence in interest, driven by a growing focus on indoor plants, wellness, and mindfulness. The appeal of bonsai trees is multifaceted: they not only offer aesthetic value but also symbolize peace, balance, and patience, which align well with modern wellness trends. According to market reports, the bonsai market size is projected to grow steadily, with Asia-Pacific regions remaining the largest market due to the tradition's deep-rooted cultural significance. However, markets in North America and Europe are also expanding, spurred by an increasing appreciation for ornamental plants and the growing popularity of sustainable home decor.

Key Trends Shaping the Bonsai Market

Rising Popularity of Indoor Gardening The COVID-19 pandemic sparked a surge in indoor gardening, as people spent more time at home and sought ways to enhance their living spaces. Bonsai trees, with their manageable size and elegance, have become a popular choice for urban dwellers looking to add greenery to their apartments. This trend is expected to continue in 2024, with bonsai trees being seen as an accessible, low-maintenance option for individuals new to gardening.

Sustainability and Eco-conscious Consumerism Sustainability is no longer just a buzzword—it's a driving force behind consumer behavior. Bonsai trees, which require minimal space and water, are increasingly viewed as eco-friendly alternatives to larger, resource-intensive plants. This environmentally conscious mindset aligns with the broader movement towards sustainable living, giving bonsai products a competitive edge in the market.

Technological Integration Advances in technology have also made their way into the bonsai market, with innovations such as automated irrigation systems and online care guides. Smart pots, which monitor soil moisture and provide real-time alerts, are becoming increasingly popular among bonsai enthusiasts. These technologies are helping new hobbyists maintain healthy bonsai trees, further expanding the market’s reach.

Customization and Premium Offerings As consumers seek more personalized and unique products, there is a rising demand for customized bonsai trees. Premium bonsai trees, often sourced from renowned nurseries or grown by expert artisans, are now available at higher price points. Luxury bonsai trees are increasingly being seen as statement pieces, leading to higher profit margins for producers.

Competitive Positioning in the Bonsai Market

The bonsai market is relatively fragmented, with both small-scale growers and large horticultural companies vying for market share. In Asia, bonsai cultivation is deeply ingrained in tradition, with numerous family-run nurseries holding a significant share of the market. However, as bonsai becomes more mainstream globally, companies in North America and Europe have recognized the potential of this market, leading to an influx of new players. These companies are leveraging online platforms to reach a broader audience and are tapping into emerging consumer trends such as eco-consciousness and custom-made products.

In terms of competition, the industry is witnessing an increasing emphasis on quality, with many producers focusing on cultivating rare or unique species. Brands that offer premium, well-maintained bonsai trees and excellent customer service are likely to stand out in a crowded marketplace. Additionally, the use of digital marketing, online care tutorials, and educational content is helping businesses engage customers and build long-term loyalty.

Conclusion

As we look toward 2024 and beyond, the bonsai market shows great promise, driven by the continuing interest in indoor gardening, sustainability, and customized products. With increasing adoption across regions and the integration of technology to assist in care, bonsai has the potential to further establish itself as a symbol of modern living. As consumer demand grows, businesses that stay ahead of trends and focus on quality, innovation, and customer satisfaction will likely secure a competitive advantage in this expanding market.

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Precision Farming Industry Growth Analysis & Forecast Research Report, 2030

The global precision farming market reached an estimated value of USD 10.50 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 12.8% from 2024 to 2030. This growth is driven largely by the widespread adoption of the Internet of Things (IoT) and advanced analytics in agriculture. Through IoT and advanced analytics, farmers can analyze and forecast data related to crop growth, soil health, and environmental conditions, ensuring more effective crop management and optimized yields. Advanced analytics, a branch of data science, provides tools and methodologies for interpreting large volumes of data, allowing farmers to plan their actions more accurately and increase agricultural productivity.

Recent technological advancements such as vertical farming, which uses carefully designed structures to maximize yields and minimize waste, have opened up numerous growth opportunities for precision farming. Additionally, investments in emerging agricultural technologies like autonomous tractors, guidance systems, and GPS-enabled sensing devices are expected to drive market expansion. Sensors such as those for soil, climate, and water are increasingly installed across agricultural fields to provide real-time data to farmers. These sensors aid in monitoring crop health, moisture levels, and other critical parameters, thus helping farmers increase crop yields while minimizing waste. Besides agriculture, these sensors are also being adopted in industries like pharmaceuticals, healthcare, automotive, and sports, showcasing their broad applicability.

Gather more insights about the market drivers, restrains and growth of the Precision Farming Market

In 2023, the North American precision farming market emerged as a strong revenue generator, fueled by the high adoption of advanced farming technologies like Variable Rate Technology (VRT) and GPS-based guidance systems for crop management. Although high investment costs pose a barrier to adoption, particularly for farmers in developing regions like China, India, and Brazil, precision farming ultimately offers substantial returns on investment. By reducing production costs and increasing operational efficiency, it provides long-term economic benefits.

The COVID-19 pandemic disrupted global supply chains, causing food shortages and inflation. These challenges emphasized the importance of a resilient food supply chain and the need for agricultural systems capable of remote operation. The pandemic underscored the role of smart farming technologies, which enable efficient agricultural management with minimal direct contact, helping farmers to recover losses quickly and contributing to the future growth of precision farming.

Application Segmentation Insights:

The yield monitoring segment held the largest revenue share, accounting for 43.25% in 2023. Yield monitoring, which helps farmers make data-driven decisions, is divided into on-farm and off-farm monitoring. On-farm yield monitoring allows farmers to access real-time data during harvest and to build historical databases to better understand field performance. This data helps farmers with landlord negotiations, environmental compliance documentation, and food safety records, making it a cornerstone of precision farming. Due to these benefits, yield monitoring is expected to remain a dominant segment.

The irrigation management segment is anticipated to grow significantly throughout the forecast period. Smart irrigation systems, using technologies like rain sensors, weather-based controllers, sensor-based controllers, and water meters, ensure the precise application of irrigation water. This minimizes water wastage and maximizes efficiency, making irrigation drones increasingly attractive for precision farming.

Weather tracking and forecasting are also set to experience notable growth, with an expected CAGR of 17.4% over the forecast period. Modern sensors, coupled with machine learning and advanced data analytics, enhance the accuracy and reliability of weather forecasts. Accurate weather forecasting helps farmers make timely decisions regarding planting, irrigation, and harvesting, directly impacting crop health and yield. As precision farming becomes more integrated with advanced forecasting tools, it is poised to transform the agriculture sector through enhanced productivity and efficiency.

Order a free sample PDF of the Precision Farming Market Intelligence Study, published by Grand View Research.

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Precision Irrigation Market Size, Latest Trends, Growth Drivers, Leading Players, and Opportunities

The precision irrigation market size is estimated at USD 4.18 billion in 2024 and is projected to reach USD 6.29 billion by 2029, at a CAGR of 8.5% from 2024 to 2029. The global demand for precision irrigation is growing rapidly, driven by rising mechanization and the adoption of smart agricultural technologies. According to a report from FICCI in 2023, more than 95% of farming activities in the US and Canada are now mechanized. This transition boosts efficiency and productivity as farmers use advanced machinery for a variety of tasks. Moreover, technologies such as the Internet of Things (IoT) are becoming popular, allowing farmers to monitor and control irrigation systems remotely using their smartphones. This innovation facilitates precise water management and scheduling, which are crucial for sustainable farming practices. With ongoing investments in research and development, integrating sprinkler and drip irrigation systems presents promising growth opportunities in the precision irrigation market.

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Fertigation Sensors are Projected to Experience the Highest CAGR in the Precision Irrigation Market During the Forecast Period.

The demand for fertigation sensors in precision irrigation is expected to increase significantly due to their crucial role in optimizing nutrient delivery and water use. These sensors help farmers monitor and adjust nutrient levels in real-time, leading to higher crop yields and better resource efficiency. As sustainable agriculture gains importance, fertigation sensors offer precise control over fertilizer use, reducing waste and environmental harm. Compared to traditional sensors like soil moisture and temperature gauges, fertigation sensors meet the rising need for integrated nutrient management, making them crucial for modern farming practices.

The AI and machine learning algorithms in irrigation segment within the technology type has a larger share and is growing at a higher CAGR in the precision irrigation market during the forecast period.

For precision irrigation to maximize water use and boost crop yields, artificial intelligence (AI) and machine learning are essential because they analyse vast amounts of data from sensors, weather forecasts, and soil conditions. These technologies allow farmers to make real-time decisions, applying water only when and where it's necessary, which reduces waste and improves efficiency. With their ability to recognize patterns and adapt over time, AI and machine learning are set for significant growth in the precision irrigation market, surpassing other technologies like IoT, GIS, and cloud computing due to their superior predictive capabilities.

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Based on region, North America dominated the precision irrigation market in 2023.

North America region dominated the precision irrigation market in 2023. This dominance was due to the modern farming techniques and significant investments in irrigation technologies. Prominent manufacturers such as Hunter Industries Inc. (US), RainBird Corporation (US), Valmont Industries Inc. (US), and The Toro Company (US) are based in this region. These manufacturers promote innovation and make precision irrigation solutions more accessible. A July 2023 article by the non-governmental organization Food and Water Watch reported that drought, exacerbated by climate change and poor water management, is having a severe impact on New Mexico, with industrial agriculture using over 80% of the state's freshwater resources. This heavy reliance on irrigation, along with challenges like water scarcity and strict regulations, encourages farmers to adopt more efficient methods like precision irrigation.

Top Precision Irrigation Companies:

The report profiles key players such as Valmont Industries, Inc. (US), NETAFIM (Israel), Hunter Industries Inc. (US), The Toro Company (US), Rain Bird Corporation (US), Lindsay Corporation (US), Rivulis (Israel), HydroPoint (US), REINKE MANUFACTURING CO., INC. (US), AZUD (Spain), T-L Irrigation (US), and Mahindra Irrigation (India).

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Precision Farming Market Size, Trends, and Business Outlook 2024 - 2030

The global precision farming market size was valued at USD 10.50 billion in 2023 and is expected to grow at a compound annual growth rate (CAGR) of 12.8% from 2024 to 2030. 

The growth of precision farming is attributed to the burgeoning proliferation of the Internet of Things (IoT) along with the use of advanced analytics by farmers. Advanced analytics is a part of data science that uses numerous tools and methods to forecast data and ensure that the crop and soil receive adequate nurturing. This helps farmers to plan their actions accordingly.

For a deep understanding of different farming aspects such as irrigation and plowing, numerous technologies such as IoT, GPS, and remote sensing application control are used. IoT helps farmers address various challenges involved in the proper monitoring of crops. It provides real-time data about environment temperature and water content in the soil through sensors placed on the farm, which assists farmers in making improved decisions about harvesting times, crop market rate, and soil management. This is one of the key factors contributing to the growth of the market for precision farming.

Gather more insights about the market drivers, restrains and growth of the Precision Farming Market

Precision Farming Market Report Highlights

• Increasing government support for adopting modern agricultural techniques and the growing need for efficiently monitoring the health of crops are expected to drive market growth

• The cloud-based software model is anticipated to gain a significant share of the market over the projected period as it reduces energy consumption and provides storage for a large amount of data while facilitating cost saving

• Innovations in GPS mapping and related farming applications are enabling farmers to operate more efficiently and increase their profit margin

• Demand for drones is expected to grow in the agriculture field as they are increasingly used to monitor irrigation systems

• Yield monitoring is expected to continue leading the application segment in terms of revenue share. It is widely used in soil monitoring since it detects soil qualities that may be used to increase yields

• The digital revolution in the agricultural sector, along with government financial incentives to farms, is likely to drive demand for precision farming in Europe in the forthcoming years

• Asia Pacific is expected to showcase the fastest growth owing to the availability of the largest agricultural land, which provides growth opportunities in countries such as China, India, Australia, and Japan

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

• The global artificial intelligence in agriculture market size was valued at USD 1.91 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 25.5% from 2024 to 2030.

• The global industrial wireless sensor network market size was valued at USD 5.19 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of % from 2024 to 2030.

Precision Farming Market Segmentation

Grand View Research has segmented the global precision farming market report based on offering, application, and region.

Offering Outlook (Revenue, USD Million; 2017 - 2030)

• Hardware

o Automation & Control Systems

o Drones

o Application Control Devices

o Guidance System

o GPS

o GIS

o Remote Sensing

o Handheld

o Satellite Sensing

o Driverless Tractors

o Mobile Devices

o VRT

o Map-based

o Sensor-based

o Wireless Modules

o Bluetooth Technology

o Wi-Fi Technology

o Zigbee Technology

o RF Technology

o Sensing Devices

o Soil Sensor

o Nutrient Sensor

o Moisture Sensor

o Temperature Sensor

o Water Sensors

o Climate Sensors

o Others

o Antennas & Access Points

• Software

o Web-based

o Cloud-based

• Services

o System Integration & Consulting

o Maintenance & Support

o Managed Types

o Data Types

o Analytics Types

o Farm Operation Types

o Assisted Professional Types

o Supply Chain Management Types

o Climate Information Types

Application Outlook (Revenue, USD Million; 2017 - 2030)

• Yield Monitoring

o On-Farm

o Off-Farm

• Field Mapping

• Crop Scouting

• Weather Tracking & Forecasting

• Irrigation Management

• Inventory Management

• Farm Labor Management

Regional Outlook (Revenue, USD Billion, 2017 - 2030)

• North America

o U.S.

o Canada

o Mexico

• Europe

o U.K.

o Germany

o France

o Russia

o Italy

• Asia Pacific

o China

o Japan

o India

o Australia

o Singapore

• South America

o Brazil

• Middle East and Africa (MEA)

Order a free sample PDF of the Precision Farming Market Intelligence Study, published by Grand View Research.

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IoT Data Analytics: Types, Use Cases, and Implementation

IoT (Internet of Things) data analytics involves analyzing large quantities of data gathered with the help of IoT devices. Sophisticated analytical techniques extract valuable insights, patterns, and trends from the data. By harnessing analytics, enterprises can transform raw data into actionable intelligence, resulting in informed decision-making and strategic planning. By this year, IoT devices will comprise around 70.5% of all connected devices. Industry experts say the global IoT analytics market will grow at a CAGR (compound annual Growth Rate)  of 26.9% from 2022 to 2030. For your information, the IoT market is projected to reach $605.5 billion by 2026. Different Types of IoT Data Analytics Descriptive Analytics: Here, detailed reports are produced regarding what happened to data, the time of occurrence, and the number of times of occurrence by processing and analyzing data collected from IoT devices. Diagnostic Analytics: Here, processes including data mining and statistical analysis identify patterns and relationships in the data. The goal is to find out why specific events happen. Predictive Analytics: This helps in predicting future events. Historical data, machine learning, and statistical algorithms make future predictions possible and available. Prescriptive Analytics: Here, solutions are provided to existing business challenges. This is achieved by combining descriptive, diagnostic, and predictive analytics. What is Status Data in IoT? This provides real-time insights into IoT devices' operational status and health, such as metrics such as battery levels and signal strength. For example, a smart thermostat gives updates on temperature and battery levels. Implementation of IoT Data Analytics Outline Desired Goals: Identify what your organization desires to get by implementing a quality IOT data analytics solution. The objectives vary by industry as well as by the kind of business. Shortlist the Right IoT Platform: Select the IOT platform that aligns with your organization's data analytics requirements. The platform should be able to shoulder the existing workload and scale up in the future if required. Detail the Data Collection Mechanisms: Equip all the IoT devices with sensors and set up compatible communication protocols. Make sure that the data is gathered and sent correctly. Set up Quality Analytics Tools: Pick up analytics solutions and technologies depending on the kind of analysis your organization desires. Harness machine learning as well as artificial intelligence for sophisticated analytics. Seamless Knowledge Transfer: Ensure comprehensive training is given to all the organization’s staff using the IoT analytics tools to use the tools for the best results properly. Future Proofing: Examine the efficiency and effectiveness of the IoT solution even in the future. Make sure it aligns with changing organizational business goals. Watertight Security and Data Privacy: Ensure data is safe from cyber-attacks and adheres to local and international data regulations. Crystal Clear Data Visualization: This step must display insights so that they are easy and convenient for all stakeholders to understand. Data Gathering and Seamless Integration: Ensure the data quality level. Implement efficient data cleaning before processing. Check whether data originating from different sources can be integrated to your satisfaction. Use Cases Below are some real-life examples of IoT data analytics and scenarios. Real Estate: IoT solutions can quickly identify systems with excessive power consumption and take steps to bring it down. If sensors make out that the room is empty, the window is not closed, and the HVAC (Heating, Ventilation and Air Conditioning) equipment is on, it can shut down the equipment and inform the owner in real-time. Agriculture: Installed sensors will monitor soil moisture levels and water usage. The irrigation system will adjust the water supply as needed. Over-irrigation, water, and wastage are thus prevented. Smart Cities: Sensors transmit traffic data. Using this data, congestion in the city can be reduced, and traffic flow can be optimized. If public lights are on in the morning, they can be switched off, lowering energy consumption. Manufacturing: In this scenario, real-time data is collected from installed sensors, such as the operational state of the equipment, level of performance, and machine condition. A machine can be repaired or even replaced if it is about to malfunction. This minimizes manufacturing downtime and ensures quality production. HealthCare: Wearables and monitoring devices transmit tons of data in real time. Blood sugar levels in diabetic patients can be tracked. As per their levels, suitable diet plans and exercise regimes can be suggested to the patients. Retail: Old-style checkouts are increasingly being replaced by new-style checkouts. Products have RFID (Radio Frequency Identification) tags, weight sensors are put in place, and advanced computer vision technology is leveraged. The IoT solution tracks what items are picked up from the shelves, and real-time shopping cart updates are executed. The mobile app contains the store billing feature; customers must pay through it when they leave. Queue Management Solutions: IoT sensors collect and analyze data related to customer movement in queues, such as those seen in supermarkets or movie theatres. Data is gathered regarding the movement of individuals when they enter and exit a particular area and the number of individuals in the queue. If the number of customers in a supermarket is high, fresh counters can be opened, and supermarket staff can be directed to these counters. Counters can be closed if the numbers are less, and the associated staff can be directed to do other productive activities. Inventory Management: IoT sensors transmit data for valuable insights in data warehouses and supermarkets.  Fresh stock can be ordered if there is a shortage of certain items. If there are excess fresh orders, they can be cancelled. These save money, time, and effort in ample measures. Supply Chain Management: IoT data is analyzed to streamline inventory, logistics, and distribution. Data is obtained regarding the storage temperature of goods in transport. The heating and cooling equipment can be suitably tweaked so that the goods do not rot. The best routes to transport goods can be optimized to avoid delays and result in less fuel consumption. Why CoffeeBeans? We are seasoned in implementing requirement analysis and designing and developing IoT solutions customized to your organization’s needs and preferences. Our IOT solutions are scalable, affordable, and compatible with existing systems in your organization. We use state-of-the-art data analytical tools to analyze and interpret your data. CoffeeBeans has a team of qualified and experienced data professionals who convert actionable insights to improve revenue and profits and better achieve your business objectives. We are a seasoned IoT data management and analytics entity that will add value to your operations and processes. Reach out to us to learn more in detail—partner with CoffeeBeans to effectively address IoT data analytics challenges. Read the full article

[pranalipawarshinde]

Non-Agriculture Smart Irrigation Controllers Market : Detailed Research Study And Forecast 2024-2033 

Global Insight Services offers unparalleled market intelligence and strategic consulting services to businesses worldwide. Our expertise spans across various industries, including healthcare, technology, and consumer goods, providing comprehensive analysis and actionable insights. By leveraging advanced data analytics and in-depth market research, we empower our clients to make informed decisions, identify growth opportunities, and stay ahead of the competition.

Non-agricultural smart irrigation controllers are devices that automatically regulate the irrigation of lawns, gardens, and other non-agricultural landscapes. These controllers use weather data to determine how much water is needed and then turn the irrigation system on and off as needed. This can save water and money, as well as reduce the amount of water that is wasted through evaporation or runoff.

Key Trends

Some of the key trends in non-agricultural smart irrigation controllers technology include the use of weather-based controllers, soil moisture sensors, and wireless connectivity. Weather-based controllers use data from weather stations to adjust irrigation schedules based on conditions such as precipitation, evapotranspiration, and wind speed. Soil moisture sensors measure the moisture content of the soil and provide information to the controller to help it determine when and how much water to apply. Wireless connectivity allows controllers to be monitored and controlled remotely, which can be especially helpful for large commercial or municipal irrigation systems.

To Know More@ https://www.globalinsightservices.com/reports/non-agriculture-smart-irrigation-controllers-market

[gqresearch24]

Agriculture Sensors Market Outlook Report 2024-2030: Trends, Strategic Insights, and Growth Opportunities | GQ Research

The Agriculture Sensors market is set to witness remarkable growth, as indicated by recent market analysis conducted by GQ Research. In 2023, the global Agriculture Sensors market showcased a significant presence, boasting a valuation of US 1.65 Billion. This underscores the substantial demand for Agriculture Sensors technology and its widespread adoption across various industries.

Get Sample of this Report at https://gqresearch.com/request-sample/global-agriculture-sensors-market/

Projected Growth: Projections suggest that the Agriculture Sensors market will continue its upward trajectory, with a projected value of US$ 4.13 Billion by 2030. This growth is expected to be driven by technological advancements, increasing consumer demand, and expanding application areas.

Compound Annual Growth Rate (CAGR): The forecast period anticipates a Compound Annual Growth Rate (CAGR) of 9.75 %, reflecting a steady and robust growth rate for the Agriculture Sensors market over the coming years.

Technology Adoption:

Increasing adoption of agriculture sensors for precision farming and data-driven decision-making.

Sensors deployed for soil monitoring, crop health assessment, weather forecasting, and livestock management.

Integration of Internet of Things (IoT) connectivity for real-time data collection and analysis.

Application Diversity:

Soil Sensors: Monitoring soil moisture, nutrient levels, and pH for optimized irrigation and fertilization.

Crop Sensors: Assessing plant health, growth rates, and stress levels to optimize cultivation practices.

Weather Sensors: Predicting weather patterns and environmental conditions to mitigate risks and optimize crop management.

Livestock Sensors: Monitoring animal health, behavior, and productivity for improved management and welfare.

Consumer Preferences:

Demand for cost-effective sensors with high accuracy and reliability.

Preference for easy-to-use and interoperable sensor systems compatible with existing farm equipment and software.

Emphasis on data security and privacy protection to safeguard sensitive agricultural information.

Desire for scalable solutions that can be tailored to specific farm sizes and crop types.

Technological Advancements:

Advancements in sensor miniaturization, power efficiency, and wireless communication for improved sensor deployment and scalability.

Development of multispectral and hyperspectral imaging sensors for detailed crop analysis and disease detection.

Integration of artificial intelligence (AI) and machine learning (ML) algorithms for predictive analytics and autonomous decision-making.

Market Competition:

Intense competition among sensor manufacturers, technology providers, and agricultural equipment companies.

Differentiation through innovation in sensor technology, data analytics, and software solutions.

Strategic partnerships and collaborations to offer integrated solutions and expand market presence.

Focus on providing value-added services such as agronomic consulting and farm management platforms.

Environmental Considerations:

Promotion of sustainable agriculture practices through optimized resource usage and reduced environmental impact.

Minimization of chemical inputs and water usage through precision farming techniques enabled by sensor technology.

Integration of sensor data with environmental monitoring systems to support biodiversity conservation and habitat preservation.

Compliance with environmental regulations and standards governing pesticide use, water quality, and soil conservation.

Regional Dynamics: Different regions may exhibit varying growth rates and adoption patterns influenced by factors such as consumer preferences, technological infrastructure and regulatory frameworks.

Key players in the industry include:

auroras Srl Cso Piera Cillario

Caipos GmbH

CropIn Technology Solutions Private Limited

CropX inc.

dol-sensors A/S

Glana Sensors AB

Libelium Comunicaciones Distribuidas S.L.

Monnit Corporation

pycno agriculture

Sensaphone.

The research report provides a comprehensive analysis of the Agriculture Sensors market, offering insights into current trends, market dynamics and future prospects. It explores key factors driving growth, challenges faced by the industry, and potential opportunities for market players.

For more information and to access a complimentary sample report, visit Link to Sample Report: https://gqresearch.com/request-sample/global-agriculture-sensors-market/

 About GQ Research:

GQ Research is a company that is creating cutting edge, futuristic and informative reports in many different areas. Some of the most common areas where we generate reports are industry reports, country reports, company reports and everything in between.

Contact:

Jessica Joyal

+1 (614) 602 2897 | +919284395731 Website - https://gqresearch.com/

[ashimbisresearch]

Precise Watering, Prosperous Fields: The Booming of Precision Irrigation Market

Water, the lifeblood of agriculture, yet a resource under increasing strain. Droughts, rising populations, and climate change are driving a need for smarter water management, and that's where "Precision Irrigation" steps in. This technology isn't just about saving water, it's about revolutionizing the way we grow food.

What is Precision Irrigation?

Traditional Irrigation methods often involve flooding fields or spraying water at set intervals. Precision Irrigation, however, takes a more nuanced approach. By utilizing sensors, automation, and data analysis, it delivers water exactly where and when crops need it, in the optimal amount.

This can involve:

Soil Moisture Sensors: These monitor soil moisture levels, triggering irrigation only when necessary.

Weather Stations: Real-time weather data helps adjust irrigation schedules based on factors like temperature, wind speed, and humidity.

Automated Irrigation Systems: Valves, sprinklers, and drip irrigation systems can be controlled remotely or based on sensor readings.

Future-Proof Your Farm: Download our free Sample Research Report to discover how precision irrigation can boost your yields, conserve water, and maximize your profits. Get started on a sustainable future for your farm today!

Benefits of Precision Irrigation

The advantages of precision irrigation are numerous, for both farmers and the environment:

Increased Crop Yields: By delivering water directly to the root zone, plants experience less stress and produce higher yields.

Reduced Water Usage: Precision irrigation can save significant amounts of water compared to traditional methods, a critical benefit in drought-prone areas.

Improved Fertilizer Efficiency: By integrating fertigation (delivering fertilizers with irrigation water), nutrients reach the roots directly, minimizing waste.

Enhanced Farm Management: Data collected from sensors allows farmers to make informed decisions about irrigation practices and optimize resource use.

Environmental Sustainability: Water conservation and reduced fertilizer runoff contribute to a healthier environment.

Market Growth and Drivers

The Global Precision Irrigation Market is on a steady rise. According to the BIS Research, estimates suggest a current size of around $2,238.7 Million in 2022, with a projected Compound Annual Growth Rate (CAGR) of 14.84% reaching $4,471.2 Million by 2027 during the forecast period 2022-2037.

Several factors are fueling this growth:

Water Scarcity: As freshwater resources become more limited, farmers are turning to precision irrigation to ensure crop production.

Government Initiatives: Many governments are promoting water conservation practices, offering subsidies or incentives for adopting precision irrigation technologies.

Technological Advancements: Developments in sensor technology, automation, and data analytics are making precision irrigation systems more efficient and user-friendly.

Rising Food Demand: A growing global population necessitates increased food production, and precision irrigation helps meet this demand with limited water resources.

Market Landscape and Challenges

The Precision Irrigation Industry is a diverse landscape with a mix of established players and emerging startups. Major Players include: Rivulis, Galcon, Hunter Industries, and Holman Industries. However, the agriculture industry is also seeing an influx of innovative startups offering new solutions like wireless sensors and cloud-based irrigation management platforms.

Despite its promise, the precision irrigation market faces some challenges:

High Initial Investment: Installing a precision irrigation system can be expensive, posing a hurdle for small and medium-scale farmers.

Technical Expertise: Operating and maintaining these systems may require some technical know-how, which could be a barrier for some farmers.

Lack of Awareness: In some regions, farmers may not be fully aware of the benefits and cost-effectiveness of precision irrigation.

Future of Precision Irrigation

The future of precision irrigation looks bright. As technology continues to evolve, we can expect to see:

More Affordable Solutions: Advancements in manufacturing and economies of scale should make precision irrigation systems more accessible to a wider range of farmers.

Integration with AI and IoT: Artificial intelligence (AI) and the Internet of Things (IoT) will play a larger role, enabling real-time monitoring, automated decision-making, and personalized irrigation plans for each field.

Focus on Sustainability: Water and resource conservation will remain a top priority, driving further innovation in precision irrigation technologies.

Conclusion

Precision Irrigation is not just a technological marvel, it's a necessity for a future with a growing population and a shrinking water supply. By enabling efficient water use and increased crop yields, it paves the way for a more sustainable and productive agricultural future. As the market continues to expand and technologies mature, precision irrigation has the potential to transform the way we grow food, ensuring a bountiful harvest for generations to come.

[kg2adam]

Revolutionising Agriculture: Remote Sensing Satellites Empowering Australian Farmers

In the vast and diverse landscapes of Australia, agriculture plays a pivotal role in the economy and sustenance of livelihoods. However, with the challenges posed by climate change, resource scarcity, and growing global food demand, farmers face mounting pressure to enhance productivity while minimising environmental impact. In this digital age, remote sensing satellites emerge as invaluable tools, revolutionising how farmers monitor, manage, and optimise their land. This blog delves into the transformative impact of remote sensing satellites on Australian agriculture, backed by compelling statistics and real-world examples.

Understanding Remote Sensing Satellites:

Remote sensing satellites orbit the Earth, capturing high-resolution imagery and data across various electromagnetic wavelengths. These satellites provide a bird's eye view of the Earth's surface, enabling farmers to assess crop health, monitor soil moisture, detect pests and diseases, and make informed decisions throughout the agricultural cycle.

Advantages for Australian Farmers:

Precision Agriculture: Remote sensing satellites facilitate precision agriculture by providing farmers with detailed insights into their fields' conditions. From identifying areas of stress to optimising irrigation and fertiliser application, these technologies enable targeted interventions, leading to improved crop yields and resource efficiency.

Environmental Monitoring: With Australia's diverse ecosystems and fragile environments, monitoring environmental changes is critical for sustainable agricultural practices. Remote sensing satellites offer comprehensive coverage, allowing farmers to track land degradation, deforestation, and water resources, thus supporting conservation efforts and regulatory compliance.

Risk Mitigation: From droughts and floods to wildfires and extreme weather events, Australian farmers grapple with numerous risks. Remote sensing satellites provide early warning systems, enabling proactive measures to mitigate losses and safeguard agricultural investments. Timely information on crop health and weather patterns empowers farmers to adapt to changing conditions and minimise vulnerability.

Real-world Applications:

Crop Monitoring: During the growing season, crop growth and health can be monitored by remote sensing satellites. Farmers can use data from these satellites to assess plant vigour, detect nutrient deficiencies, and identify pest infestations. Targeted interventions can then be made to optimise yields.

Soil Moisture Management: Remote sensing satellites can measure soil moisture levels across large areas, enabling farmers to implement precise irrigation strategies and conserve water resources, especially in arid regions, which plays a crucial role in crop development and water use efficiency.

Pest and Disease Detection: Pests and diseases can have a harmful impact on the productivity of agriculture. Fortunately, remote sensing satellites can help detect subtle changes in crop canopy reflectance, which can indicate potential pest or disease outbreaks. Early detection of these outbreaks allows farmers to take necessary measures to curb the spread of pests and diseases, thereby minimising crop losses and reducing reliance on chemical inputs.

Insights on Remote Sensing Adoption in Australian Agriculture:

According to a report by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES), more than half of Australian farmers are using satellite imagery to make informed decisions about their crops and land. This adoption of remote sensing technologies has been steadily increasing over time.

The use of satellite-based precision agriculture technologies has resulted in a significant increase in crop yields by 10-20% and a reduction of 30% in water usage in some regions of Australia, as reported by the Commonwealth Scientific and Industrial Research Organisation (CSIRO).

A study conducted by Deloitte Access Economics has found that investment in remote sensing technologies can offer significant economic benefits to Australian farmers. For every dollar invested in these technologies, farmers can expect a return on investment of up to $4.50. This highlights the potential of these technologies to help the agricultural industry in Australia.

Case Studies:

The Riverina region in New South Wales has embraced remote sensing technologies to optimise irrigation practices and improve water use efficiency. By utilising satellite-derived soil moisture data, farmers have reduced water consumption by 20%, leading to substantial cost savings and environmental benefits.

In the wheat belt of Western Australia, farmers are leveraging satellite imagery to monitor crop health and implement variable rate fertilisation. This targeted approach has resulted in a 15% increase in wheat yields while reducing fertiliser usage by 25%, demonstrating the efficacy of remote sensing in enhancing agricultural productivity and sustainability.

Future Trends and Challenges:

Integration of Artificial Intelligence (AI): The integration of AI algorithms with remote sensing data holds promises for automating decision-making processes and extracting actionable insights in real time. However, challenges related to data processing, storage, and algorithm development need to be addressed to realise the full potential of AI-driven agricultural applications.

Data Accessibility and Affordability: Despite advancements in remote sensing technologies, accessibility and affordability remain barriers for small-scale farmers, especially in remote and underserved regions. Collaborative efforts between government agencies, research institutions, and private sector stakeholders are essential to democratise access to satellite imagery and ensure equitable benefits for all farmers.

Let Us Conclude:

Remote sensing satellites represent a game-changer for Australian agriculture, offering unparalleled capabilities for precision monitoring, resource management, and risk mitigation. With the adoption of these technologies on the rise, farmers across the country are reaping the benefits of improved productivity, sustainability, and resilience in the face of evolving environmental challenges. As we look to the future, continued investment in research, infrastructure, and capacity building is crucial to harnessing the full potential of remote sensing satellites and fostering a thriving agricultural sector in Australia.

Partner with KG2 Australia for more information about the remote sensing satellites for a better tomorrow!

[global-research-report]

Precision Farming Market Expansion: Demand, Trends, and Key Players in 2024

Precision Farming Industry Overview

The global precision farming market size is anticipated to reach USD 24.09 billion by 2030, registering a CAGR of 12.8% from 2024 to 2030. Precision farming, also known as site-specific crop management or satellite farming, is a farm management concept that uses information technology to ensure optimum health and productivity of crops.

The precision farming technique largely depends on specialized equipment such as sensing devices, antennas and access points, and automation and control systems. It also includes maintenance and managed services. The process also incorporates a broad range of technologies such as bio-engineering, robotics and automation, imagery and sensors, and big data.

The growing number of applications for telematics in agriculture is anticipated to supplement the growth of the market. Telematics services include tracking devices that deploy the Global Navigation Satellite System (GNSS) to show the position of the equipment for management purposes. Major agriculture equipment manufacturers are adopting telematics services for their equipment to improve farm efficiency, thereby reducing the cost of agricultural operations and maximizing profitability. Improved management can also help reduce environmental impact.

Gather more insights about the market drivers, restrains and growth of the Precision Farming Market

Telematics technology is used to capture and transfer data from the farm equipment through sensors installed on tractors and other field monitoring equipment. The increasing adoption of telematics systems by agricultural equipment companies is expected to drive the growth of the market during the forecast period.

Furthermore, with GPS guidance and automation advancements, drones are poised to transform the agriculture industry in the forthcoming years. The ability of drones to precisely analyze the soil at the beginning of the crop cycle and detect a plant infected with bacteria or fungus is anticipated to propel the growth of the drone segment.

However, the low rate of technology adoption among farmers is likely to hamper market growth during the study period. This may be due to factors such as the absence of stringent standards and limitations on the exchange of data. Furthermore, farmers lack independent consulting and advisory services owing to the absence of validated agronomic models for Variable Rate Technology (VRT) to make decisions on investments. In addition, independent services are not linked to co-operatives, government bodies, and farmer associations where farmers can get additional information to make better decisions.

Browse through Grand View Research's Next Generation Technologies Industry Research Reports.

The global call center AI market size was valued at USD 2.00 billion in 2024 and is projected to grow at a CAGR of 23.8% from 2025 to 2030.

The global internet of medical things market sizewas estimated at USD 230.69 billion in 2024 and is projected to grow at a CAGR of 18.2% from 2025 to 2030.

Precision Farming Market Segmentation

Grand View Research has segmented the global precision farming market report based on offering, application, and region

Precision Farming Offering Outlook (Revenue, USD Million; 2017 - 2030)

Hardware

Automation & Control Systems

Drones

Application Control Devices

Guidance System

GPS

GIS

Remote Sensing

Handheld

Satellite Sensing

Driverless Tractors

Mobile Devices

VRT

Map-based

Sensor-based

Wireless Modules

Bluetooth Technology

Wi-Fi Technology

Zigbee Technology

RF Technology

Sensing Devices

Soil Sensor

Nutrient Sensor

Moisture Sensor

Temperature Sensor

Water Sensors

Climate Sensors

Others

Antennas & Access Points

Software

Web-based

Cloud-based

Services

System Integration & Consulting

Maintenance & Support

Managed Types

Data Types

Analytics Types

Farm Operation Types

Assisted Professional Types

Supply Chain Management Types

Climate Information Types

Precision Farming Application Outlook (Revenue, USD Million; 2017 - 2030)

Yield Monitoring

On-Farm

Off-Farm

Field Mapping

Crop Scouting

Weather Tracking & Forecasting

Irrigation Management

Inventory Management

Farm Labor Management

Precision Farming Regional Outlook (Revenue, USD Billion, 2017 - 2030)

North America

US

Canada

Mexico

Europe

UK

Germany

France

Russia

Italy

Asia Pacific

China

Japan

India

Australia

Singapore

South America

Brazil

Middle East and Africa (MEA)

Key Companies profiled:

Ag Leader Technology

AgJunction, Inc.

CropMetrics LLC

Trimble, Inc.,

AGCO Corporation

Raven Industries Inc.

Deere and Company

Topcon Corporation

AgEagle Aerial Systems Inc. (Agribotix LLC)

DICKEY-john Corporation

Farmers Edge Inc.

Grownetics, Inc.

Proagrica (SST Development Group, Inc.)

The Climate Corporation

Key Precision Farming Market Company Insights

Some of the key players operating in the market include Ag Leader Technology; AgJunction, Inc.; CropMetrics LLC; Trimble, Inc.; AGCO Corporation; Raven Industries Inc.; Deere and Company; Topcon Corporation; AgEagle Aerial Systems Inc. (Agribotix LLC); DICKEY-john Corporation; Farmers Edge Inc.; Grownetics, Inc.; Proagrica (SST Development Group, Inc.); The Climate Corporation among others.

Deere & Company is engaged in the manufacturing & construction of agricultural and forestry machinery; drivetrains and diesel engines for heavy equipment; and lawn care machinery. Additionally, the company also manufactures and provides other heavy manufacturing equipment. The company serves diverse industries such as agriculture, forestry, construction, landscaping & grounds care, engines & drivetrain, government and military, and sports turf.

AGCO Corporation is a U.S.-based agriculture equipment manufacturer. The company develops and sells products and solutions such as tractors, combines, foragers, hay tools, self-propelled sprayers, smart farming technologies, seeding equipment, and tillage equipment.

Prospera Technologies and Agrible, Inc. are some of the emerging market participants in the target market.

Porspera Technologies is a global service provider of agriculture technology for managing and optimizing irrigation and crop health. The company provides AI-based sensors and cameras that aid farmers in crop monitoring.

Agrible is a U.S.- based agriculture solution provider. The company helps customers in more than 30 countries optimize water use, crop protection, fertilization, fieldwork, research trials, food supply chains, and sustainability initiatives

Recent Developments

In July 2023, Deere & Company, a global agriculture and construction equipment manufacturer announced the acquisition of Smart Apply Inc. an agriculture technology solution provider. Deere & Company is focused on using Smart Apply’s precision spraying solution to assist growers in addressing the challenges related to regulatory requirements, input costs, labor, etc. The acquisition is expected to help the company attract new customers.

In April 2023 AGCO Corporation, a global agriculture equipment provider, and Hexagon, an industrial technology solution provider declared their strategic collaboration. The collaboration is focused on the expansion of AGCO’s factory-fit and aftermarket guidance offerings.

In May 2023, AgEagle Aerial Systems Inc., a global agriculture technology solution provider announced its establishment of a new supply agreement with Wingtra AG. The 2-year supply agreement is expected to securely supply RedEdge-P sensor kits for incorporation with WingtraOne VTOL drones.

In May 2021, AGCO announced a targeted spraying solutions strategic collaboration with Raven Industries Inc., BASF Digital, and Robert Bosch GmbH. The objective of this deal was to assess the targeted spraying technology for enhancing crop protection product applications by limiting crop input costs and addressing environmental sustainability.

Order a free sample PDF of the Precision Farming Market Intelligence Study, published by Grand View Research.

[roamnook]

"2023 REPORT: GLOBAL IT SPENDING REACHES $4.2 TRILLION, 5% INCREASE FROM PREVIOUS YEAR. SEE FULL ANALYSIS AT BASELINEMAG.COM"

New Information and Hard Facts - RoamNook

New Information and Hard Facts - RoamNook

As technology continues to advance at an unprecedented rate, it becomes crucial to stay up-to-date with the latest developments and trends. In this blog, we aim to provide you with an extensive collection of new, polarizing, and objective information that brings valuable and concrete data to the table. Throughout this article, we will emphasize key facts, hard information, numbers, and scientific terms, ultimately highlighting the real-world applications and significance of this information in various industries.

Let's delve into the realm of technological advancements, shall we?

The Power of Data Analytics

When it comes to making informed decisions, data analytics plays a pivotal role in providing accurate insights and predictions. In today's digital age, companies rely heavily on data to drive growth and transform their businesses. According to a recent survey conducted by Baseline Magazine, an astounding 92% of organizations believe that data analytics is critical to their success.

Why is data analytics so essential, you may wonder? Well, it's simple. By harnessing the power of data analytics, companies can gain a competitive edge by understanding consumer behavior patterns, optimizing operations, and identifying emerging trends. For instance, a major retail giant used data analytics to uncover customer preferences and personalize their marketing strategies, resulting in a 25% increase in sales within just six months.

Now, let's dive deeper into the nitty-gritty details of data analytics.

Big Data and Machine Learning

Big data and machine learning are two buzzwords that have taken the tech industry by storm. With the ever-increasing volume of data being generated every second, organizations need robust tools and techniques to make sense of it all.

Big data refers to the massive amounts of structured and unstructured data that can be analyzed computationally to extract insights and patterns. For example, a social media platform utilizes big data analytics to identify trending topics, analyze user sentiments, and deliver personalized content to its users.

On the other hand, machine learning is an application of artificial intelligence that enables systems to learn and improve from experience without being explicitly programmed. Machine learning algorithms can analyze vast datasets to make accurate predictions and automate complex tasks. One notable application of machine learning is in the healthcare industry, where it has been utilized to diagnose diseases, predict patient outcomes, and even discover new drug molecules.

The Rise of IoT

Another technological phenomenon that has gained significant traction in recent years is the Internet of Things (IoT). IoT refers to the network of interconnected devices that can collect and exchange data without human intervention. From smart homes and wearable devices to industrial sensors and autonomous vehicles, the IoT ecosystem is expanding rapidly.

Did you know that by 2025, it is estimated that there will be over 75 billion connected IoT devices worldwide? This staggering number highlights the immense potential and impact of IoT on various industries, including healthcare, manufacturing, transportation, and agriculture. For instance, IoT-powered sensors in farming can monitor soil moisture levels, temperature, and crop health, enabling farmers to optimize irrigation and maximize yield.

Cybersecurity in the Digital Age

With the proliferation of digital technologies, cybersecurity has become a paramount concern for individuals and organizations alike. Cyberattacks are becoming more sophisticated and frequent, posing significant risks to sensitive data and systems. According to a report by a leading cybersecurity firm, there was a 350% increase in ransomware attacks in the last year alone.

As cybersecurity threats continue to evolve, it is crucial to adopt robust security measures to safeguard against potential attacks. This includes implementing multi-factor authentication, ensuring regular software updates, conducting vulnerability assessments, and educating employees about best security practices.

Realizing the Potential with RoamNook

Now that we have explored some of the key advancements and trends in the tech industry, it's time to bring our attention to RoamNook. RoamNook is an innovative technology company that specializes in IT consultation, custom software development, and digital marketing. With a team of skilled professionals and a passion for fueling digital growth, RoamNook is dedicated to helping businesses thrive in the digital landscape.

By leveraging the latest technologies and industry best practices, RoamNook assists companies in maximizing their online presence, streamlining operations, and driving revenue growth. Whether it's developing tailored software solutions, implementing data-driven marketing strategies, or providing expert IT consultation, RoamNook is the partner you can rely on.

In conclusion, staying ahead of the curve in today's fast-paced digital world requires a deep understanding of new information, hard facts, and concrete data. By leveraging the power of data analytics, embracing technological advancements like big data and machine learning, harnessing the potential of IoT, and prioritizing cybersecurity, businesses can position themselves for success. And with RoamNook by your side, you have the expertise and support to navigate the digital landscape with confidence and achieve unprecedented growth.

So, what are you waiting for? Visit RoamNook's website at www.roamnook.com and unlock the full potential of your business today!

Source: https://www.baselinemag.com/uncategorized/software-development-life-cycle/&sa=U&ved=2ahUKEwii4NbV2I-FAxXIF1kFHdaKAFIQxfQBegQIABAC&usg=AOvVaw3zouBt73nHawYXuICU44xC

[latestmarketresearchnews]

Farm Management Software Industry Size, Trends, Statistics and Analysis Report, 2030

The global farm management software market was valued at USD 3.30 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 16.2% from 2023 to 2030. This growth is primarily driven by the increasing adoption of cloud computing for real-time farm data management, which allows for better decision-making and resource optimization. Farm management software leverages Information Communication Technology (ICT), including the Internet of Things (IoT) and big data analytics, to help farmers overcome challenges related to energy, water, and labor shortages. Additionally, FMS addresses environmental concerns, animal welfare, and fertilizer usage, all of which can negatively impact agricultural productivity.

One of the key factors contributing to the growth of the FMS market is the increased adoption of remote sensing technology in the agriculture sector. Drones and Geographic Information Systems (GIS) have made it easier to use remote sensing devices to capture detailed images of crops and farmland. These images can be analyzed to detect crop water stress, monitor weeds and crop diseases, classify crop species, and map soil properties. Several open-source remote sensing tools are available, including Quantum GIS Semi-Automatic Classification Plugin (SCP), Optical and Radar Federated Earth Observation (ORFEO) toolbox, Opticks, and PolSARPro, which further support the adoption of this technology.

Gather more insights about the market drivers, restrains and growth of the Farm Management Software Market

The use of site-specific crop management (SSCM) is expected to become more prevalent, as it allows farmers to optimize pesticide use, improve crop yields, and make more informed management decisions. Advanced farm management software equipped with data analytics capabilities can process both historical and real-time data to generate predictive models. These models help farmers forecast crop performance under different environmental conditions, providing insights into areas like weather patterns, soil quality, and crop health. By offering these insights, FMS can help farmers make informed decisions about fertilization, pest control, and irrigation. Phenotyping, which involves the analysis of crop traits such as nitrogen depletion and soil pH levels, plays a critical role in understanding crop growth under different environmental conditions, further supporting the efforts to boost crop yields.

Agriculture Type Segmentation Insights:

The farm management software market is segmented based on agriculture type into precision farming, livestock monitoring, smart greenhouses, and others, which include horticulture and fish farming. In 2022, the precision farming segment accounted for the largest share of the market at 43.5%, and it is expected to maintain its dominance throughout the forecast period.

Precision farming is a key driver of the FMS market due to its use of IoT and ICT to optimize resources and maximize yields. By measuring conditions within a field and adapting farming strategies accordingly, precision farming allows growers to control the amount of fertilizers applied to crops, leading to more efficient farming. Both hardware and software tools are used to analyze natural conditions such as soil moisture, temperature, and plant growth in specific fields, allowing for targeted interventions. Key applications of precision farming include yield monitoring, crop scouting, irrigation management, inventory management, and weather tracking. These technologies help farmers make better decisions to enhance crop production while reducing resource consumption.

Precision livestock monitoring is another growing area within farm management software. This technology provides real-time data on livestock health, productivity, and welfare, ensuring that animals are managed in a way that optimizes yield. As the size of dairy farms increases, technological advancements such as precision livestock monitoring are becoming increasingly important. Market players are focusing on launching new products that reduce the costs associated with livestock monitoring and management, making these technologies more accessible to farmers. Additionally, the rise in urban populations has driven growth in the smart greenhouse segment. Smart greenhouses are designed to provide optimal growing conditions for crops by using sensors and automated systems to monitor and adjust variables such as temperature, humidity, and light. This segment is expected to benefit from ongoing urbanization and the growing demand for locally sourced, fresh produce.

In summary, the farm management software market is growing rapidly due to the increasing adoption of advanced technologies that enable more efficient, data-driven agricultural practices. These technologies are helping farmers improve yields, reduce resource consumption, and address various challenges related to agriculture in today's environment.

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Smart Irrigation Market 2023 Future Trends, Outlook, Application and Business Opportunities to 2030

Nurturing Growth: The Evolution of Smart Irrigation

Smart irrigation represents a paradigm shift in traditional irrigation practices, leveraging advanced technologies such as IoT, cloud computing, and data analytics to deliver precise, efficient water management solutions. By integrating sensors, weather forecasts, and intelligent controllers, smart irrigation systems empower farmers, landscapers, and homeowners to monitor soil moisture levels, optimize watering schedules, and minimize water wastage.

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Driving Forces Behind Market Expansion

Several factors are propelling the rapid growth of the smart irrigation market:

Water Scarcity and Conservation: With water scarcity becoming a pressing global issue, there is a growing emphasis on water conservation measures in agriculture and landscaping. Smart irrigation technologies enable efficient water usage, reduce runoff, and mitigate water wastage, aligning with sustainability goals and regulatory mandates.

Rising Demand for Precision Agriculture: In agriculture, precision irrigation techniques are gaining traction, driven by the need to maximize crop yields while minimizing input costs. Smart irrigation systems enable farmers to tailor watering schedules based on real-time data, soil moisture levels, and crop requirements, thereby optimizing irrigation practices and enhancing productivity.

Urbanization and Landscaping Trends: The proliferation of urban landscapes, parks, and green spaces has spurred the demand for smart irrigation solutions in landscaping applications. Municipalities, property managers, and homeowners are increasingly adopting smart irrigation systems to maintain lush, healthy lawns and gardens while conserving water resources and reducing maintenance costs.

Transformative Applications Across Industries

The applications of smart irrigation extend across a wide range of sectors, driving innovation and sustainability:

Agriculture: In agriculture, smart irrigation technologies enable precise water management, reducing water consumption, and improving crop health and yields. From large-scale farms to smallholder agriculture, smart irrigation systems empower farmers to optimize irrigation practices, conserve water, and increase profitability.

Landscaping and Turf Management: In landscaping and turf management, smart irrigation systems offer efficient water delivery, soil moisture monitoring, and remote control capabilities. Whether it's golf courses, parks, or residential gardens, smart irrigation solutions ensure vibrant, healthy landscapes while minimizing water usage and maintenance efforts.

Commercial and Municipal Applications: In commercial and municipal settings, smart irrigation systems are deployed to maintain green spaces, sports fields, and public parks. These systems leverage data-driven insights to optimize watering schedules, detect leaks, and conserve water resources, contributing to sustainable urban development and environmental stewardship.

Future Perspectives: Sowing the Seeds of Sustainability

As the smart irrigation market continues to evolve, we can anticipate further advancements in sensor technologies, data analytics, and automation. The integration of AI algorithms, satellite imagery, and predictive modeling will enable smarter, more adaptive irrigation systems capable of responding to dynamic environmental conditions and optimizing water usage in real-time.

In conclusion, smart irrigation represents a cornerstone of sustainable agriculture and landscaping practices, offering a pathway towards efficient water management, enhanced productivity, and environmental conservation. As stakeholders across industries embrace the transformative potential of smart irrigation technologies, we sow the seeds of sustainability and cultivate a greener, more resilient future for generations to come. The journey towards sustainable water management begins with smart irrigation, and the harvest is a thriving planet for all.

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