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Livestock Monitoring Market Projected To Reach USD 13.50 Billion By 2028

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  San Francisco, 24 Feb 2022:  The Report  Livestock Monitoring Market  Size, Share & Trends Analysis Report By Animal Type (Cattle, Poultry), By Component (Hardware, Software), By Application, By Region, And Segment Forecasts, 2021 - 2028 The global livestock monitoring market size is expected to reach USD 13.50 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 16.56% from 2021 to 2028. An increase in the population of livestock animals, coupled with the farmer’s focus on increasing yield and productivity, is the key contributor to the market growth. The key advantages of livestock monitoring such as milk harvesting, feeding management, animal health monitoring, and behavior monitoring are anticipated to drive the market. Furthermore, there is an increase in the adoption of internet of things (IoT) and artificial intelligence (AI) by livestock farmers. This is due to an increase in internet penetration and widespread tech

Livestock Monitoring Market Projected To Reach USD 13.50 Billion By 2028

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  San Francisco, 15 Sep 2021:   The Report  Livestock Monitoring Market  Size, Share & Trends Analysis Report By Animal Type (Cattle, Poultry), By Component (Hardware, Software), By Application, By Region, And Segment Forecasts, 2021 - 2028 The global livestock monitoring market size is expected to reach USD 13.50 billion by 2028, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 16.56% from 2021 to 2028. An increase in the population of livestock animals, coupled with the farmer’s focus on increasing yield and productivity, is the key contributor to the market growth. The key advantages of livestock monitoring such as milk harvesting, feeding management, animal health monitoring, and behavior monitoring are anticipated to drive the market. Furthermore, there is an increase in the adoption of internet of things (IoT) and artificial intelligence (AI) by livestock farmers. This is due to an increase in internet penetration and widespread tec