Overview
Precision agriculture leverages GPS, IoT sensors, drones, satellite imagery, and artificial intelligence to optimize farming practices. By collecting and analyzing data on soil conditions, weather, crop health, and pest activity, farmers can apply water, fertilizers, and pesticides exactly where and when needed. This reduces waste, lowers costs, and minimizes environmental impact. The technology enables farms to produce more food with fewer resources, addressing both food security and sustainability challenges simultaneously.
Tags
agtechIoTdata-driven farmingcrop optimization
Economic Impact
Medium Impact
$12B market growing at 13% CAGR, reducing agricultural input costs by 15-25%.
Emerged
2014
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