Internet of Things (IOT) in Agriculture Market Focusing on Lucrative Opportunities and Trends During the Forecast Period 2027 | Cisco Systems, International Business Management Corporation (IBM), Telit, Hitachi, Ltd, Decisive Farming, Trimble , OnFarm Sys

Agriculture is one the most important activities in most of the countries across the globe. It has evolved from manual to a technology-based occupation in every aspect. The agriculture industry is open to technical driven innovation and adoption of internet of things (IoT) for further development of the sector by using information from weather stations, sensors, and other machinery.

Internet of things (IoT) can gather, use, and analyze vast amount of data that is used as an input for various algorithm-based outputs on the field for decision making. The data is used to help autonomous machines or humans to take accurate decisions to revolutionize the farming sector and deliver return on investment and tangible benefits to farmers. The primary focus of IoT is to reduce cost, save time, and decrease wastage of power. In addition, IoT in agriculture provides benefits in areas such as health, safety, welfare, sustainability, and nutrition.

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Some of the major players analyzed in the global internet of things (IoT) in agriculture report include Cisco Systems, Inc., International Business Management Corporation (IBM), Telit, Hitachi, Ltd, Decisive Farming, Trimble Inc., OnFarm Systems Inc., Farmers Edge Inc., SlantRange, Inc., and The Climate Corporation.

The application of IoT in agriculture is increasing rapidly, that includes various applications such as livestock & plant disease monitoring, yield measurement, soil conditioning, quota systems, remote machine control, mobile platform controller, computer platform controller, greenhouse management, and livestock monitoring. The application of IoT in precision farming, livestock monitoring, smart greenhouse, and fish farm monitoring has helped increase production and generate higher returns.For implying IoT to a farm land they need to have sensor networks, data analytics software, machine to machine communication, management system, and mobile or computer-based application. The complete tools of farm management coupled with information technology offer features such as critical decision capabilities that help take critical decisions at the appropriate time.

The internet of things (IoT) in agriculture market is segmented based on system, application, and region. Based on system, the market is classified into automation and control systems, sensing and monitoring devices, livestock monitoring hardware, fish farming hardware, smart greenhouse hardware, and software. Based on application, it is categorized into precision farming, livestock monitoring, smart greenhouse, and fish farm monitoring. By region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

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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

By Application

Precision farming
Livestock monitoring
Smart greenhouse
Fish farm monitoring

By Region

North America
The Netherlands
Rest of Europe
South Korea

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