The use of IoT enabled sensors in the agriculture industry is propelled by the need for efficient utilisation of depleting resources. The demand for smart sensors in this industry is also driven by the focus on reducing food wastage and meeting the growing food demand globally. Countries around the world are working on transforming the agriculture industry by leveraging IoT to streamline and optimise their farming activities. In particular this focuses on monitoring of crops and agricultural land for soil condition and local environmental data. The use of smart sensors not only helps in efficient farming resource management but also helps in improving crop yield. Crop and soil monitoring, water management, and weather monitoring are some of the use cases of IoT in agriculture.
The report provides a detailed definition of the sector, analysis of market development and profiles of the key vendors in the space. It also provides a summary of the current status of adoption and Transforma Insights’ ten-year forecasts for the market. The forecasts include analysis of the number of IoT connections by geography, the technologies used (including splits by 2G, 3G, 4G, 5G, LPWA, short range, satellite and others), as well as the revenue split between module, value-added connectivity and services. A full set of forecast data, including country-level forecasts, sector break-downs and public/private network splits, is available through the IoT Forecast tool.