Agriculture & Forestry Industry Market News

New report: Precision agriculture market - getting the precise information of fields and make better predictions for further outcomes

Agriculture Market Research

The Precision Agriculture market delves into the possible growth opportunities for the global Precision Agriculture market and the chronological growth of the market throughout the forecast period.


Market Scenario

The global precision agriculture market is also referred as the precision farming was valued at USD 3.08 in 2015 and is expected to grow significantly over the forecast period. The agriculture sector is rapidly facing technological advancements with the increasing need of efficient production to supply to the rising demand of food consumption.

Rising adoption of new technologies for reducing the production cost and increasing the food efficiency is further anticipated to drive the market growth.

Growing awareness and interest for Internet of Things (IoT) devices and other technologies such as Big Data for maintaining the sustainability of farm production will further benefits the precision farming industry.