Smart Plantation Management System Market - PowerPoint PPT Presentation

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Smart Plantation Management System Market

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The global Smart Plantation Management System market is anticipated to grow nearly at a CAGR of 6.5 % to reach US$ 1.48 billion by 2026. – PowerPoint PPT presentation

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Title: Smart Plantation Management System Market


1
Smart Plantation Management System Market
2
According to BlueWeave Consulting, the
Global Smart Plantation Management System
Market is expected to grow at a significant rate
during the forecast period. The Global Smart
Plantation Management System Market is projected
to reach USD 1.48 billion by 2026 by growing at a
CAGR of 6.5 during the forecast period 2020-
2026. The market is growing owing to various
factors. The increase in the adoption of
plantation intelligence (PI) and data mining and
reduction in agricultural resource waste and
manpower, are the primary factors fueling the
growth of the market for smart plantation
management systems. The use of smart irrigation
systems conserves approximately 20 percent more
water than conventional irrigation systems, which
is one of the critical drivers of the Plantation
Management Systems market. The software is
permitting farmers to use smartphones or laptops
to track and manage their fields, which removes
the need to visit the fields regularly. These
factors are expected to drive the growth of the
software segment. In addition, the Smart
Plantation Management Systems market would
increase by the governments support to promote
the Internet of Things (IoT) in farming,
unfavorable climatic conditions, raise
environmental concerns, decrease productivity,
and reduction of farmland numbers.
3
The Fruits segment in Crop Type is expected to
grow at the highest rate during Forecast
horizon Based on Crop Type, the Fruits segment is
expected to account for the largest market share
during the forecast period, since fruit has
emerged as a vital crop for the use of smart
plantation management systems, given a large
number of players offering smart fruit plantation
systems and technologies developed for different
fruit types. Grapes, citrus fruits, and apples
are the main fruits where, due to their higher
demand, smart plantation management systems were
introduced. Increasing adoption of plantation
intelligence (PI) and data mining by farmers The
integration of IoT an advanced technological
tools, systems, equipment, and solutions in
Planting Intelligence (PI) and data mining in
agriculture offers increased operational
efficiency, optimized yield, and reduced energy
waste through real-time field data collection,
data storage, data analysis, and application
creation. Read morehttps//www.blueweaveconsulti
ng.com/smart-plantation-management-system-market-b
wc19406
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