Smart Agriculture Market Size to Surpass USD 21.12 billion to Expand at a CAGR of 10% in the 2023-2029 timeframe |Lead by Increasing Adoption of Drone Technology
PUNE, India, April 4, 2023 /PRNewswire/ -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Smart Agriculture Market.
- IoT applications help farmers in real-time monitoring of product growth as a result of the expanding use of IoT technology in agriculture.
- IoT technology is widely used in agriculture, which helps farmers react to significant changes in weather, humidity, and air quality.
- China smart agriculture market size was valued at USD 1.16 billion in 2022 and is expected to reach USD 1.72 billion by 2029, at a CAGR of 5.1% from 2023 to 2029.
- India's smart agriculture market size was valued at USD 0.98 billion in 2022 and is expected to reach USD 1.57 billion by 2029, at a CAGR of 6.1% from 2023 to 2029.