At the core of stakes, we have Information like
price related, news, agronomy advices, and weather information very useful for
farmers.
The most
interesting currently reveals that, North America leads the
market in 2016 and continues to dominate. Asia Pacific (APAC), being a niche
market currently, is forecasted to have the fastest growth rate for the period.
Ease of
performing business is the key factor driving the
market. However, factors like obtaining ground level information, providing
technology access to smallholder farmers and to such areas poses a challenge.
According to
Research and Markets, the global connected
agriculture market was 402.76 million USD in 2016 and is estimated to reach
1190.66 million USD by 2022, at a CAGR of 19.8%by 2021.
Comments
Post a Comment