IoT in Agriculture: 5 Technology Use Cases for Smart Farming
With the growing adoption of the Internet of Things (IoT), connected devices have penetrated every aspect of our life, from health and fitness, home automation, automotive and logistics, to smart cities and industrial IoT.
Thus, it is only logical that IoT, connected devices, and automation would find its application in agriculture, and as such, tremendously improve nearly every facet of it. How could one still rely on horses and plows when self-driving cars and virtual reality are no longer a sci-fi fantasy but an everyday occurrence?
Farming has seen a number of technological transformations in the last decades, becoming more industrialized and technology-driven. By using various smart agriculture gadgets, farmers have gained better control over the process of raising livestock and growing crops, making it more predictable and improving its efficiency.
In this article, we will explore the IoT use cases in agriculture and examine their benefits. So, if you are considering investing into smart farming, or are planning to build an IoT solution for agriculture, dive right in.
What is smart agriculture? The definition and market size There are many ways to refer to modern agriculture. For example, AgriTech refers to the application of technology in agriculture in general.
Smart agriculture, on the other hand, is mostly used to denote the application of IoT solutions in agriculture. The same applies to the smart farming definition.
Although smart agriculture IoT, as well as industrial IoT in general, aren’t as popular as consumer connected devices; yet the market is still very dynamic. The adoption of IoT solutions for agriculture is constantly growing. Namely, BI Intelligence predicts that the number of agriculture IoT device installations will hit 75 million by 2020, growing 20% annually.
At the same time, the global smart agriculture market size is expected to triple by 2025, reaching $15.3 billion (compared to being slightly over $5 billion back in 2016).
Because the market is still developing, there is still ample opportunity for businesses willing to join in. Building IoT products for agriculture within the coming years can set you apart as an early adopter, and as such, help you pave the way to success.
But why should you consider building an IoT application for agriculture in the first place?