IoT In Farming Market Analysis 2028 By Size, Share, Trends, Growth
Increasing adoption of cloud computing in smart farming and technological developments in IoT sensors in agriculture is expected to drive the Global IoT in Farming Market growth in the forecast period, 2024-2028. According to TechSci Research report, “ IoT In Farming Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global IoT In Farming Market stood at USD 11.87 Billion in 2022 and is anticipated to grow with a CAGR of 8.67% in the forecast period, 2024-2028. The Global IoT in Farming Market is primarily driven by several key factors. The rising population and the subsequent increase in food demand necessitate the use of advanced farming techniques. IoT helps in achieving this demand by offering improved crop yield and efficient resource management. Furthermore, government initiatives worldwide to modernize the agricultural sector and the rapid adoption of technologies in agriculture also bolster the grow...