Precision Farming Software Market to reach $3.1bn by 2029 at a 12.5% CAGR driven by AI, ML, IoT adoption among European farmers.
Precision Farming Software Market is projected to reach $3.1 billion by 2029, growing at a CAGR of 12.5%. Technological advancements such as AI, machine learning, and IoT are driving adoption among tech-savvy farmers, enhancing farming practices' effectiveness and efficiency. The Europe farm management software and data analytics market (excluding U.K.) was valued at $1.12 billion in 2022, expected to reach $2.34 billion by 2027 with a CAGR of 15.79%.
March 19, 2024
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