TECHGuru

  Global Smart Agriculture Market: Snapshot The rising population and the growing demand for food have encouraged the use of smart and modern technologies for agriculture. The adoption of cloud-based services, Internet of Things, GPS, and many others is expected to completely change the market scenario in a positive way. The favorable government initiatives are projected to support the market growth in the coming few years. As per the research study published by Transparency Market Research, in 2016, the global smart agriculture marke t was worth US$6.55 bn and is likely to reach US$23.44 bn by the end of 2025. The market is likely to register a 13.50% CAGR between 2017 and 2025. Rising Government Support for Use of Modern Techniques to Encourage Growth A significant rise in the level of adoption of Artificial Intelligence and Internet of Things by growers and farmers and the rising focus on disease detection and livestock monitoring in order to enhance the efficienc...