The Internet of Things is the latest technology. It's based on the idea that everything can be connected to the internet. The benefits of adopting this new technology are many:
1. Increased productivity
2. Lower costs
3. Better quality products
The first benefit of adopting this new technology is increased productivity. When farmers use IoT, they can monitor their crops and livestock remotely from anywhere in the world via their smartphones or other mobile devices. This means they don't have to be physically present at their farms all the time. As a result, they can do other things while still keeping an eye on their farms! For example, they could attend meetings or conferences while still knowing what's going on back home through their IoT devices.
The second benefit of adopting this new technology is lower costs. Many IoT devices are relatively inexpensive compared to some other technologies out there because they require less maintenance and energy usage than others do. Plus, many IoT devices come with warranties so if something breaks or fails within a certain period then it will be replaced free of charge! The last benefit of adopting this Internet of Things Solution is better quality products. Because these IoT devices allow farmers to monitor and adjust their processes more accurately than before, it means that the end product will be of higher quality than products made by farmers who don't use these technologies. This means consumers will pay more for higher quality goods which means more profits for farmers who adopt these technologies!
IoT applications such as irrigation systems and remote monitoring systems allow farmers to take action at the right time.
1. Connected sensors that can monitor environmental conditions like temperature, humidity, rainfall, etc., and send this data to a central database so farmers can analyze it and make decisions based on what's happening in their area.
2. Connected tractors that can communicate with each other so if one runs into trouble nearby farmers will know about it immediately and come help out.
3. Connected irrigation systems can adjust themselves based on how much water is available in the area at any given time to ensure that crops always have enough water but don't waste any either by watering them too much or too little.
4. Connected fertilizers that automatically apply the correct amount of nutrients based on how much a plant needs at any given time (based on factors like its size or age) so there's no risk of over or underfeeding plants which would cause them damage or even death but still provides them with all the nutrients they need to grow big and healthy.
How does IoT help farmers?
1. Connected Crops - Plants that can communicate with farmers via an app on their phone
2. Smart Watering Systems - Automated systems that know when plants need water based on soil moisture levels
3. Weather Alerts - Get notified when there's extreme weather coming so you can take action to protect your crops
4. Predictive Analysis - Use data from previous years to predict how well your crops will do based on current conditions
5. Plant Disease Detection - Track how many times a plant has been infected by a specific disease so you know when to treat it
If you're looking for a way to keep your farm competitive in today's marketplace, then investing in IoT technology is something you should consider! Be prepared for the future. Start exploring how IoT technology can improve agricultural production today. Contact us today.
Agriculture IoT Market report published by Value Market Research, which studies the future outlook of the market.
It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2019-2027.The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide.
The major players in the Agriculture IoT include Deere & Company, Trimble, Raven Industries, AgJunction Inc. (AgJunction), DeLaval, GEA Farm Technology, Lely, AGCO Corporation (AGCO), AG Leader Technology, Tigercat, Antelliq, Ponsse, Komatsu Forest AB, Caterpillar, DICKEY-john Corporation, Treemetrics, and Topcon Positioning Systems.
This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.Get more information on "Global Agriculture IoT Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/agriculture-iot-market/download-sampleMarket SegmentationThe broad Agriculture IoT has been sub-grouped into the Offering Type, Application and region.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
IoT in Agriculture Market-OverviewThe primary need to control operation factors optimizing the use of water and pesticides is anticipated to promote the IoT in the agriculture market 2020.
A potential of USD 34.88 Billion with a CAGR of 13.6% approx is forecasted by 2025.The need to lessen water usage and greenhouse gas emissions is likely to push the growth of the IoT in the agriculture market share.
The demand to increase the crop yields while curtailing the cost of production is estimated to raise the demand for the IoT in Agriculture Industry in the coming period.Segmental AnalysisThe segmental insight into the IoT in Agriculture Industry has been conducted based on application, component, and region.
Based on the applications, the IoT in the agriculture market has been segmented into precision crop farming, indoor farming, livestock monitoring, aquaculture, water supply management, integrated pest management, and others.
The US shows the way for market development in the North American region as it has elevated digitalization in the agricultural sector, and it is anticipated that just about 80% of farmers employ smart farming technology.
The intense weather conditions owing to climate change have caused loss of arable land and have subsequently given rise to elevated adoption of IoT for escalating the volume and quality of the crop yield.Competitive AnalysisThe currency inflow is estimated to be restricted in the upcoming period, which may create further problems for the overall market growth.
