Digital Agriculture Market Industry Size, Share, Forecast 2022-2028
A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting , revealed that the global digital agriculture market was worth USD 10.7 billion in the year 2021. The market is projected to grow at a CAGR of 16.8% during the forecast period (2022-2028) , earning revenues of around USD 31.8 billion by the end of 2028. The demand for higher crop health and production, growing labor scarcity in agriculture, and rising concern about food security and nutrition are the main reasons propelling the market for digital agriculture. A better environment for agriculture is created by the continuous income and higher standard of living without having to labor in the fields. This has led to urbanization and the use of technology on farms for day-to-day operations, which will aid in enhancing productivity at a cheap cost. Digital agriculture provides substantial advantages for farmers in addition to wider social advantage...