Precision Farming Market Size Worth $16.35 Billion By 2028 | CAGR: 13.1%: Grand View Research, Inc.
b'SAN FRANCISCO, April 22, 2021 /PRNewswire/ -- The global precision farming market size is anticipated to reach USD 16.35 billion by2028, according to a new report by Grand View Research, Inc.
- b'SAN FRANCISCO, April 22, 2021 /PRNewswire/ -- The global precision farming market size is anticipated to reach USD 16.35 billion by2028, according to a new report by Grand View Research, Inc.
- It is projected to expand at a CAGR of 13.1% from 2021 to 2028.
- Precision farming, also known as site-specific crop management or satellite farming, is a farm management concept that uses information technology to ensure optimum health and productivity of crops.
- The precision farming technique largely depends on specialized equipment such as sensing devices, antennas and access points, and automation and control systems.