Smart Agriculture Market Projected To Reach USD 54.71 Billion By 2030
San Francisco, 21 Dec 2023: The Report Smart Agriculture Market Size, Share & Trends Analysis Report By Type (Precision Farming, Livestock Monitoring, Smart Greenhouse, Others), By Application, By Region, And Segment Forecasts, 2023 - 2030 The global smart agriculture market size is anticipated to reach USD 54.71 Billion by 2030, expanding at a CAGR of 13.4% during the forecast period, according to a new report by Grand View Research, Inc. The major factors driving the growth of the agtech industry are the increasing use of Artificial Intelligence (AI) and Internet of Things (IoT) and the integration of image processing technologies into agriculture. Agriculture has grown significantly in recent years owing to precision agriculture practices. The development plan of several nations, such as India, China, and Brazil, emphasizes digital transformation and digitization across various sectors, including agriculture. The smart agriculture business is predicted to be driven by fact