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Precision Farming/Agriculture Market Competitive Landscape, Growth Factors, Revenue Analysis, 2028

  Increasing usage of IoT in the agriculture sector is contributing to the growth of the precision Farming/Agriculture market. Farm managers & producers are leveraging the capabilities of the IoT devices, such as sensors, GPS & GNSS systems, and automated steering systems, for soil sampling, temperature monitoring, filed mapping, irrigation management, and several other applications Market Size – USD 6.33 Billion in 2020, Market Growth - CAGR of 12.7%, Market Trends – New product launches and increasing usage of IoT in Farming/Agriculture practices According to the current analysis of Reports and Data, the global  Precision Farming/Agriculture Market  was valued at USD 6.33 Billion in 2020 and is expected to reach USD 17.05 Billion by the year 2028, at a CAGR of 12.7%. This high growth is mainly attributable to an increasing usage of GPS & GIS systems to monitor agricultural parameters. These field mapping systems help to gather real-time data and enable the analysis of a