Internet of things (IoT) refers to automated networks of computers, devices, and sensors that can process their own data instead of depending solely on input. These Internet-connected systems gather data of livestock and communicate with external processes via onboard sensors, impacting businesses in just about every industry, including livestock management. The market includes hardware, software, and services involved in IoT for livestock management.
Technavio’s analysts forecast the global IoT market in livestock management to grow at a CAGR of 12.14% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global IoT market in livestock management for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global IoT Market in Livestock Management 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Cisco Systems • IBM • KaaIoT Technologies • Oracle • Trimble
Other prominent vendors • Afimilk • Allflex • BouMatic • CEMA • eCow Devon • GEA Group • IceRobotics • Libelium • Link Labs • Medria • Nokia Solutions and Networks • OnFarm • ROXAN • SenseGrow • Softweb Solutions • Stellapps • Sum-It Computer Systems • Valley Agricultural Software
Market driver • Decline in the price of sensors • For a full, detailed list, view our report
Market challenge • High capital expenditure for IoT integration in livestock management • For a full, detailed list, view our report
Market trend • Big data in livestock management • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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