The Global Precision
Agriculture Market is Anticipated to reach USD 15.98 Billion by 2030 from an
estimated USD 9.20 Billion in 2023, at a CAGR of 8.20% between 2023 and 2030.
Scope and Dynamics of the Precision Agriculture Market
Precision Agriculture (PA) is a farming management strategy
based on observing, measuring and responding to temporal and spatial
variability to improve agricultural production sustainability. It is used in
both crop and livestock production. Precision agriculture often employs
technologies to automate agricultural operations, improving their diagnosis,
decision-making or performing. First conceptual work on PA and practical
applications go back in the late 1980s.The goal of precision agriculture
research is to define a decision support system (DSS) for whole farm management
with the goal of optimizing returns on inputs while preserving resources.
Among these many approaches is a Phyto geomorphological
approach which ties multi-year crop growth stability/characteristics to
topological terrain attributes. The interest in the Phyto geomorphological
approach stems from the fact that the geomorphology component typically
dictates the hydrology of the farm field.
intelligence report offers actionable insights to the crucial aspects
pertaining to this marketplace. This report is rendered with an aim to empower
industry participants with extensive knowledge on the ongoing trends of this
industry. It includes a strategic assessment of the growth drivers, challenges,
pricing trends, and competitive hierarchy of this marketplace. The expert
analysts have used proven research methodologies to conduct the entire market
analysis. The report further provides a 360 outlook of the regional landscape
and competitive terrain of this marketplace.
has been garnering massive traction over the stipulated timeline due to the
emergence of various expansion propellants. The competitive nature of this market
has pushed the prime players to adopt high end business centric strategies and
strengthen their global footprint. This business intelligence report is curated
with an aim to help the market contenders obtain a complete understanding on
every micro and macro trends of the industry with in turn will allow them to
formulate robust expansion strategies.