The global precision farming market is expected to witness a major overhaul in the years to come, according to a report by Million Insights.
According to Million Insights this could be credited to the fact that precision farming holds potential of increasing crop yield using next level IT-based farming methods.
The precision farming market is also getting catalysed by excessive use of IoT in farming, states the report.
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The ever-increasing adoption of drone technology is one factor driving the precision farming market. – Photo: AFP
As such, farm producers and managers are encashing on capacities of IoT devices like automated steering systems, GNSS & GPS systems, and sensors for files mapping, temperature monitoring, soil sampling, irrigation management, and various other applications.
“The devices mentioned above do make way for real-time insights on ways of improving agricultural practices for more efficiency,” according to the researchers.
Adoption of drone technology
According to the reserachers the ever-increasing adoption of drone technology to monitor crops, identify planting flaws, and detect and control diseases and pests is the other factor driving the precision farming market.