Internet of things (IoT) ecosystem in agriculture has been helping farmers and growers to increase production and reduce wastage of energy. However, digital agriculture is expected to be defined by IoT in future. In coming years, intelligence is expected to be embedded into the operation and design of every device and machine, connecting real-time farming processes with data input from sources as diverse as weather stations, soil, water quality and consumers. This enables the farmer to make more informed decisions. Analytic tools and software such as complex event processing (CEP), help process and analyze data on a real-time basis, which drives timely decision making and action.

The Global Iot In Agriculture Market is estimated to grow at a notable CAGR of 14.7% from 2018 to 2025, due to lowered cost of technology as a result of ongoing R&D in IoT, and efforts by various governments of the countries across the globe to increase the quality and quantity of agriculture production.

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According to a recent study, food and agribusiness have a massive social, economic, and environmental footprint and represent 10% of the global consumer expenditure. Although productivity improvements in the past have enabled an increase in food supply in many parts of the globe, feeding the global population has reemerged as a critical issue. A report by the United Nation, the world population is expected to increase from 7,630 million in 2018 to 9,772 million by 2050. Accordingly, crop demand, human consumption, and animal feed stock demand are expected to increase by two-folds. Also, in coming years, various emerging constraints such as labor shortage, and water scarcity are expected to impact the agriculture production. In addition, more than 20% of arable land is estimated to be degraded by various sources of erosion such as water erosion, and soil erosion. Such scarcity of important resources will hamper agriculture production. Thus, development of IoT in the agriculture industry is projected to increase productivity in various region such as Africa, Eastern Europe, South America, and Asia.

However, finding a good investment opportunity is not an easy task as it requires deep understanding of crops, geographies, food supply chain, and IoT technology development in the agriculture industry.

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Key Benefits for Internet of Things (IOT) in Agriculture Market:
• This report provides a quantitative analysis of the current trends, estimations, and dynamics of the global IoT in agriculture market size from 2018 to 2025 to identify the prevailing market opportunities.
• The key countries in all the major regions are mapped based on their market shares.
• Porters five forces analysis highlights the potency of buyers and suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier buyer network.
• A comprehensive analysis of factors that drive and restrict the growth of the IoT in agriculture market is provided.
• An in-depth analysis of the global IoT in agriculture market helps determine the prevailing market opportunities.
• The report includes details of the analysis of the regional and global markets, key players, market segments, application areas, and growth strategies.

Internet of Things (IOT) in Agriculture Key Market Segments:
By System
• Automation and control systems
• Sensing and monitoring devices
• Livestock monitoring Hardware
• Fish farming hardware
• Smart greenhouse hardware
• Software

By Application
• Precision farming
• Livestock monitoring
• Smart greenhouse
• Fish farm monitoring

By Region
• North America
• Europe
• Asia-Pacific
• LAMEA

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