Agriculture 4.0: Refining Responsible Innovation in an Era of Smart Agriculture

For Extensive Insights — https://bit.ly/31ogM5v

The rising population and the growing demand for food have encouraged the use of smart and modern technologies for agriculture. The adoption of cloud-based services, Internet of Things, GPS, and many others is expected to completely change the market scenario in a positive way. The favorable government initiatives are projected to support the market growth in the coming few years. The global smart agriculture market was worth US$6.55 bn and is likely to reach US$23.44 bn by the end of 2025. The market is likely to register a 13.50% CAGR between 2017 and 2025.

Many farmers today are growing interest in the incorporation of technological advancements such as Internet of Things (IoT) and artificial intelligence in several agricultural activities. Apart from this, there is notable growth in focus of farmers toward livestock monitoring and disease detection to improve the farming efficiency. All these factors are likely to bring extensive sales opportunities for companies working in the smart agriculture market in the forthcoming years.

The adoption of artificial intelligence (AI) and machine learning (ML) is growing at a significant rate. cognitive computing in particular, is all set to become the most disruptive technology in agriculture services as it can understand, learn, and respond to different situations (based on learning) to increase efficiency.