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Global Smart Crop Monitoring Market

Focus on Product, Application, and Country - Analysis Forecast Period, 2023-2028

 
Some Faq's

Frequently Asked Questions

Smart crop monitoring is a technology-driven approach to agriculture that uses sensors, data analytics, and connectivity to monitor crop health and optimize yields. It enables precision farming practices, helping farmers manage fields, cut costs, and make informed decisions.

Global smart crop monitoring market size was $2.78 billion in 2022 and is predicted to reach $7.16 billion by 2028 at a CAGR of 16.9%.

Crop monitoring uses advanced technologies to gather real-time data on crop health and soil conditions. It aids in efficient irrigation management, disease prevention, weed management, crop insurance, and informed decision-making for optimal resource utilization and maximized yields.

Crop monitoring methods include visual inspection, soil testing, plant tissue testing, remote sensing, and phenological observations.

pH sensors, GPS sensors, temperature sensors, optical sensors, environmental condition sensors, UAV sensors, and handheld devices are some of the sensors used for crop monitoring.

Soil monitoring and analysis is part of other applications of smart crop monitoring, along with irrigation management and climate analysis. Smart crop monitoring for other applications was valued at $194.6 million in 2022 and is expected to reach $471.1 million by 2028.

The market potential of smart agriculture is vast, fueled by the growing global demand for food, diminishing resources, and environmental concerns. Advanced technologies like IoT and AI empower farmers to enhance productivity and sustainability. This trend is creating significant opportunities for innovation and investment in precision farming practices worldwide.

A smart agriculture monitoring system refers to the integration of advanced technologies like sensors, IoT devices, data analytics, and AI in agricultural practices to enhance efficiency and productivity. This system enables farmers to monitor and manage various aspects of farming such as soil moisture, temperature, crop health, and equipment status in real-time. By collecting and analyzing data, farmers can make data-driven decisions, optimize irrigation, reduce resource wastage, and predict crop diseases. Remote accessibility through mobile apps or web interfaces empowers farmers to control their operations from anywhere, leading to sustainable farming practices and increased yields. Smart agriculture monitoring systems play a crucial role in modernizing agriculture and ensuring food security.

A global smart farming market valued at $15.06 billion in 2021 is expected to reach $33.00 billion by 2027 at a compound annual growth rate (CAGR) of 16.99%. This growth can be attributed to the increasing global population creating pressure on the food supply system and the surging use of modern technologies in agriculture.

The objectives of crop monitoring are to optimize crop health and yield through real-time data on crop growth, soil conditions, weather patterns, and disease prevention. It aids in efficient irrigation management, yield planning, and informed decision-making for optimal resource utilization.

The USP of the smart crop monitoring market report lies in its extensive coverage of the latest industry trends, market insights, technological advancements, and competitive landscape. It provides valuable data and analysis to help businesses make informed decisions, identify growth opportunities, and strategize their market entry or expansion plans in this rapidly evolving sector.

Agricultural technology companies and farmers/growers looking to adopt smart technologies for crop monitoring can benefit from the insights on market trends, innovations, and return on investment (ROI) analysis provided in the report. Investors and research institutions may also find valuable data for assessing market potential and studying agricultural technology advancements.

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