IoT in Agriculture Market Growth is projected as USD 22.4 Billion by 2030

Abhimrfr12 Oct, 2022Technology

Market Overview The technology of the Internet of Things has evolved into a massive technology portfolio that extends even to the agriculture sector. The growing demand for food resources to stave off world hunger and increased population has made the use of technology a necessity in the agricultural sector. Agricultural IOT is a primary sector of IOT applications that support agricultural operations and productivity. The sector of Agricultural IOT applications has gradually expanded over the last decade. In the year 2017, the sector was valued at $ 16,330 million in USD. The use of technology has increased, and the IoT in Agriculture Market will grow further in the forecast period. The IoT in Agriculture Market has been expanding with the introduction of advanced IoT tools, systems, and solutions to be implemented on large-scale farms. IoT empowered solutions are used to achieve many purposes in the agricultural field. For example, IOT devices help in maximizing yield