ANN | Dublin, 03 June 2021
Global digital agriculture market will continue to grow in next four years i.e., 2021-2025, said official press release by Ireland based Research and Markets. It said, the report provides a detailed analysis of the COVID-19 impact on the digital agriculture market.
Digital agriculture is the integration of advanced technology into a unique system so as to benefit farmers and various stakeholders involved in the agriculture value chain. Digital agriculture helps in a better understanding in agriculture sector, like precise amount of fertilizers, pesticides and water for the crops. The most common technologies used in digital agriculture include unmanned air system, robotics, automation, Internet of Things (IoT), Artificial intelligence, block chain, etc.
The digital agriculture market is expected to increase due to increasing adoption of internet of things (IoT), increasing role of artificial intelligence in digital agriculture, surging internet connectivity, population growth, growth in data analytic services, growth in data analytic services, rising penetration of smartphones, favourable government initiatives, etc. Yet the market is facing some challenges such as high cost of investment, limited technical expertise and advanced infrastructure, confidentiality breach and cyber security issues, etc.