Agriculture is wrongly perceived and usually categorized as a low-tech sector. However, smart farms involve technology-driven information analysis of data acquired from the fields, plus the application of inputs according to data analysis for optimal crop productivity. Smart farms help improve quality of food and increase farm yields with its high technology.
The smart agriculture market is expected to grow from USD 5.18 billion in 2016 to USD 11.23 billion by 2022, at a CAGR of 13.27% between 2017 and 2022 (http://www.marketsandmarkets.com/Market-Reports/smart-agriculture-market-239736790.html). Major restraining factors against the growth of smart agriculture market are high initial investments and lack of technical awareness among the growers.
This market growth is happening for a reason: smart agriculture has proved already to many that it is the future.
Bonus content! Hehe, check out these (hella) cool agricultural robots popping up left, right and center, worldwide!
