IoT has the potential to transform the agricultural sector in many ways – Explore

IOT in Agriculture Market by System, Application: Global Opportunity Analysis and Industry Forecast, 2018-2025.

PORTLAND, OR, USA, March 7, 2022 / — With the continuous advancements in technology, the IoT is poised to push the future of farming to the next level. Smart agriculture based on IoT technologies is more efficient than the conventional approach in more ways than one. It helps farmers by offering precision farming by ensuring high yields, protecting the environment, reducing operating costs, reducing waste and improving profitability. IoT solutions enable efficient use of resources such as water, electricity, fertilizers, etc. It also monitors the crop field using multiple sensors, satellites and an automated irrigation system.

High Tech Agriculture:-
It includes sensor-based agriculture and smart livestock management.

Sensors installed in the agricultural area help farmers acquire detailed topographic maps and capture relevant field resource data.
It allows farmers to detect the temperature and acidity level of the soil.
Farmers can also predict weather conditions by accessing climate forecasts for the coming days and weeks, which helps improve strategies to manage the farm efficiently.
High-tech farming allows farmers to remotely monitor and run statistical forecasts for their crops, equipment and others in the field using their smartphones.
Smart wearable devices and other sensor-enabled techniques for animals are helping farmers monitor their nutritional health and daily activities in real time. By monitoring the location of their livestock and identifying sick animals, IoT applications help prevent any disease from spreading on the farm, thereby reducing labor costs.

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Agricultural drones and crop monitoring: –
Land and air drones have become an extremely important tool for farmers to monitor their vast lands and improve several farming practices.
In the United States, drones are widely used to monitor crops to combat harmful environmental factors.
Some specialized drones capable of producing 3D images are used to predict soil quality and plan seed planting patterns accordingly.
Not only these, but also drones are used to spray pesticides and other chemicals on crops while being careful not to enter groundwater.
It is estimated that drones increase spraying speed by almost five times compared to other types of machines.

Smart greenhouses and agricultural management: –
The standard means of greenhouse production consists of manual control of environmental parameters which usually led to huge production losses, energy losses and higher costs.
Smart greenhouses, on the other hand, are comprised of IoT technologies with automated features and sensor capabilities to observe every detail of agricultural production and climate changes.
This technology can create a self-regulating microclimate for agricultural production, which can reduce weather struggles and predators while providing real-time information to farmers and growers.
The sensors used in smart greenhouses can capture data remotely and process it through a cloud platform.
IoT solutions offer livestock tracking, warehouse monitoring, weather analysis and more to provide end-to-end service to agricultural authorities.

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Current Market Scenario of IoT in Agriculture Sector:-
According to a report by Allied Market Research, the global IoT in agriculture market size is expected to reach USD 48,714 million with a considerable CAGR from 2018 to 2025. Currently, Asia-Pacific holds the largest share Steps. Certain factors such as increasing world population and increasing demand for food across the globe have spurred the adoption of high tech farming techniques and agricultural drone technologies by growers which in turn contributes to the growth of IoT in the agricultural market across all regions. .

It is understandable that farmers are increasingly turning to smart farming techniques due to the potential benefits of IoT applications in agriculture. Moreover, 70% of the total fresh water supply widely used by the agricultural industry is also managed by IoT technology. In this way, by proving proper use of water on farms, IoT technologies contribute to a large extent to water conservation.

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Also, climate change factors such as floods, drafts, etc. can significantly affect the agricultural productivity, which sequentially increases the demand for IoT technologies in the agricultural market. With this drift on board, the global IoT in agriculture market is expected to gather huge prospects and exponential growth in the near future.

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