Smart Agriculture Market: Core Technologies cultivating Growth
Raising production capacity to feed the surging population is no small feat. For instance, the latest United Nations Population Fund (UNFPA) stats show that the global population stands at 8 billion . Accordingly, agriculture is incorporating ‘smart technology’ to increase production efficiency and crop quality. Smart agriculture, therefore, encompasses farm management using advanced information and communication technologies to increase the quality and quantity of products. As per Inkwood Research, the global smart agriculture market is predicted to record a CAGR of 9.98% during the forecast period, 2022-2030 . Given below are a few technologies that enable smart agriculture: Internet of Things (IoT) The Internet of Things (IoT) has automated its way to agriculture, promising tremendous improvements. IoT in agriculture entails robots , drones , and sensors connected through the internet. The...