Best Applications Of IoT In The Agricultural Industry In 2021
There is no doubt that IoT or the internet of things has paved its way into various industries and you must not be surprised to see its role in the agriculture industry. The IoT market in the agriculture industry touched 1.8 billion US Dollars globally at the end of 2018. The CAGR or the Compound Annual Growth Rate of agriculture IoT is expected to increase 19.2% every year and IoT based smart agriculture market would become a 4.3 billion dollar industry by the end of 2023. The IoT technology is not limited to industries alone as we can also see it in wearable smart devices like smartwatches and wristbands which use a green-light to check the blood pressure and heart rate. Moreover, the Internet of Things in the agriculture industry is helping farmers across the world to produce large yields at low costs to match the global food demands. Here are some of the best applications of IoT in the smart agriculture 1. Assessing Climate Conditions ...