Topic: precision farming market size

Overview and Scope Precision farming refers to a model of farm management that focuses on the process of observing, quantifying, and reacting to numerous intra-and inter-field variable inputs for contemporary agriculture. It is used to increase food production while utilising fewer resources and paying less for labour.   ...

The Precision Farming Market is experiencing significant growth, driven by the increasing adoption of technologies that optimize agricultural practices. This market is expected to reach a value of around USD 19.39 billion by 2029, reflecting a compound annual growth rate (CAGR) of 12.5% from its value of USD 8.5 billion in 2022. This growth is being fueled by factors such as the rising demand for food, the need to improve efficiency and sustainability in agriculture, and government initiatives s...

Precision Farming Market is worth USD 8.5 Billion in 2022 and is estimated to grow at a CAGR of 12.5% in the forecasted period. The forecasted revenue hints at a growth of around 19.39 billion USD by 2029. Precision Farming market Overview Research results suggest significant growth potential for the Precision Farming market in the projected timeframe. The report furnishes an in-depth examination of the market framework, delivering valuable insights into the Precision Farming market sector...