Internet of Things (IoT) has been transforming modern agriculture industry. Global agriculture IoT market will reach $63.68 billion by 2030, growing by 14.1% annually over 2020-2030 owing to emerging technological advancements and increasing number of government initiatives for IoT applications in agriculture.
How is IoT used in agriculture?
IoT has a broad range of applications in agriculture, including:
-Remote sensing of crop conditions (soil moisture, temperature, humidity)
-Remote monitoring of livestock (body temperature, heart rate)
-Remote control of farm machinery (tractors, harvesters)
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What is the future of IoT in agriculture?
IoT will continue to grow in importance as farmers look to increase their efficiency and productivity. The number of companies offering connected sensors for agricultural applications will also continue to increase.
Who is the target audience of IoT in agriculture?
The target audience for IoT in agriculture includes farmers and ranchers who want greater insight into their operations so they can make better business decisions based on real-time data. For example, they may want to know if they need more fertilizer on certain fields or if certain areas are underperforming due to lack of water or nutrients.
The IoT in agriculture market is expected to grow at a significant rate during the forecast period of 2021–2025. The global IoT market is growing rapidly with the increase in demand for smart farming and farming apps.
The IoT-enabled devices comprise sensors, software platforms, analytics tools, gateways and mobile applications that help farmers monitor their crops remotely from anywhere in the world through smartphones or computers. The growth of this market is expected to be driven by factors such as rising demand for agricultural products from emerging markets such as China and India; increasing number of seed companies investing on IoT solutions; increasing adoption of cloud computing technology by farmers; growing need for reducing farm waste through precision agriculture; growing use of drones in agriculture; increasing adoption of smart irrigation systems by farmers; rising demand for Internet-of-Things (IoT) solutions in agribusinesses; continuous technological advancements in sensors that are used in agriculture applications such as precision agriculture (PA).
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The Internet of Things (IoT) is a term used to describe a system that allows objects, animals and people to connect and exchange data over the internet. IoT is impacting agriculture by providing farmers with an improved ability to monitor and control their crops.
IoT in agriculture uses sensors to collect data from the soil, plants, livestock, weather and other factors. The collected data can then be used to make decisions about how best to grow crops or care for livestock. This improves the quality of the crops grown and reduces waste by eliminating unnecessary watering or feeding of livestock.
The future of IoT in agriculture is bright because it will allow farmers to make better use of their time as they no longer have to check on every aspect of their farms manually. Farmers will be able to use this time for other tasks such as crop rotation or marketing their produce at local markets.
Based on Offering
Agriculture IoT Hardware
• Automation and Control Systems
• Sensing and Monitoring Devices
• Navigation and Guidance Systems
Agriculture IoT Software
• Cloud Based Product
• On Premises Product
Agriculture IoT Services
• Professional Services
• Managed Services
Based on System
Tracking & Positioning Systems
• GNSS/GPS Devices
• RFID
Monitoring & Detection Systems
• Wireless Sensor Network
• UAVs/Drones
• Auto-steering & Autonomous Vehicles
Communication Systems
• Network Communication Technologies
• Standards & Protocols
Cloud Computing
Data Management Systems
Based on Application
Precision Agriculture IoT
• Crop Health Scouting
• Yield Monitoring
• Water, Pest & Fertilizer Management
• Climate, Weather & Soil Monitoring
• Farm Mapping
• Other Applications
Indoor Farming IoT
• Plant and Yield Monitoring
• Lighting Management
• Water, Pest & Fertilizer Management
• Ambient Environmental Monitoring
• Other Applications
Livestock Farming IoT
• Animal Health Monitoring
• Milk Harvesting
• Feeding Management
• Breeding Management
• Geofencing & Mapping
• Other Applications
Fisheries and Aquaculture IoT
• Animal Behavior & Health Monitoring
• Feed Monitoring
• Aquatic Species Tracking and Navigation
• Geofencing & Mapping
• Other Applications
Precision Forestry IoT
Other Applications
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Key Players
Ag Leader Technology
AKVA Group ASA
Antelliq
Deepfield Robotics (Bosch)
Deere & Company
Delaval
Eruvaka Technologies
Farmers Edge
GEA Group
Komatsu Forest
Ponsse
PrecisionHawk Inc.
Raven Industries
Smartcultiva Corporation
Topcon Corporation
Trimble Inc.
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