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Agriculture Information : Global Agriculture M2M Market

Research and Markets has announced the addition of the "Global Agriculture M2M Market 2015-2019" report.The report estimated that the global agriculture M2M market to grow at a CAGR of 43.78% over the period 2014-2019.

According to the report, water consumption is one of the most important aspects of farming, and optimized use of water is the greatest challenge in front of farmer.

Almost 60%-70% of the fresh water in the world has been used for agricultural purposes, hence sustainable management of this resource would have major effect on the water supply for future requirements.

There is wastage of water due to unsustainable groundwater extraction, leaks in irrigation systems and selecting inappropriate farms (dry fields) for crop cultivation. M2M technology helps to improve this scenario drastically by continuously monitoring water consumption levels throughout the farming processes.

Automated crop reporting provides convenience, accuracy, and return on investment in agricultural activities. It simplifies the process of crop reporting by allowing particular stakeholders to collect and transmit harvesting data electronically.

Automated crop reporting helps in establishing a structure for consistent farm data for the complete crop production life cycle along with enhancing the functionality of precision agriculture systems.The report states that patchy network coverage in rural areas is a significant challenge in this market.

Source: http://www.businesswire.com/