INTERNET OF THINGS IN PRECISION AGRICULTURE MARKET ANALYSIS

Internet Of Things In Precision Agriculture Market, By Component (Hardware, Software, and Services), By System (Sensing System, Communication System, Cloud Computing, and Data Management System), By Application (Weather Tracking and Forecasting, Yield Monitoring and Farm Mapping, Crop Scouting, Irrigation Management, and Others), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa)

Published In : Jul 2024
Code : CMI4993
Pages :170
Formats :
Excel and PDF
Industry : Information and Communication Technology

Market Concentration and Competitive Landscape

Internet Of Things In Precision Agriculture Market Concentration By Players

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Smart machinery boosting efficiency

Increased adoption of smart machinery can drive the market growth. Modern agricultural equipment is increasingly being integrated with advanced technologies that improve functionality and boost efficiency of operations. Machines are being outfitted with auto-steering systems, sensors, cameras, controls and other IoT capabilities. For example, smart tractors come equipped with GPS, telemetry sensors as well as auto-control of implements to autonomously navigate fields according to programmed work patterns. Sensors send real-time data about performance of different parts to the cloud for monitoring and preventive maintenance.

Smart sprayers contain sensors and cameras to detect crop density and health status in real-time. The sprayers then automatically adjust the dosage and droplet size of pesticides and fertilizers as required during spraying cycles.

Key Players Insights