Global IoT in Agriculture Market Outlook and Forecasts Report 2017-2022

Markets will be Largely Driven By Scale of Farming Operations - Research and Markets

DUBLIN, May 19, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "IoT in Agriculture: Market Outlook and Forecasts 2017 - 2022" report to their offering.

This research assesses the technologies, companies, and solutions for IoT in agriculture. The report evaluates the overall marketplace and provides forecasts for sensors (and other devices), services, solutions, and data analytics globally, and regionally for the period 2017 to 2022. Forecasts include precision agriculture, indoor farming, livestock, and fisheries.

The general term, AgriTech, represents the use of technology in agriculture, horticulture, and aquaculture for purposes of improving yield, efficiency, and profitability. The Internet of Things (IoT) in Agriculture (IoTAg) represents a more specific use of technology wherein agricultural planning and operations becomes connected in ways previously impossible if it were not for advances in sensors, communications, data analytics and other areas.

Connected agriculture is also realized through the increasing use of emerging observation and automation technologies such as the use of Unmanned Aerial Vehicles (UAV) for detecting differences in heat signatures and use of robotics for planting, spraying, and harvesting. As various IoT technologies mature beyond the R&D phase and go into general production, costs for everything from drones/UAVs to sensors will continually decrease, making connected agriculture more accessible to smaller farms and third world countries.

Forecasts cover IoT in Agriculture solutions globally and regionally including: Intelligent Farm Equipment, Smart Sensor Systems, Intelligent Drones, Smart Farm Robots, and Software.

Within the Smart Sensor area, the report forecasts the following: Sensors for Detecting Physical Properties, Sensors for Chemical Analysis and Applications, Sensors for General Monitoring, Sensors for Quality, Sensors for Autonomous Agriculture, and Others.

Select Report Findings:

- Farm management solutions will represent an attractive business opportunity through the study period
- The agriculture business will be controlled by companies that are not conventional experts of agriculture, such as farmers and traditional farm value chain, including farm equipment makers, seed suppliers, producers and suppliers of plant foods and chemicals and so along