Applications of Agriculture to Dominate the Global IOT Market by 2024 - PowerPoint PPT Presentation

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Applications of Agriculture to Dominate the Global IOT Market by 2024

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The agriculture IOT market is expected to grow from USD 12.7 billion in 2019 to USD 20.9 billion by 2024, at a CAGR of 10.4% from 2019 to 2024. A few key factors driving the growth of this market are increasing adoption of Internet of Things (IoT) and Artificial Intelligence (AI) technology by farmers and growers, focus on livestock monitoring and disease detection to improve farming efficiency, and rising demand for agricultural production owing to increasing population. – PowerPoint PPT presentation

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