MarketsandMarkets Digital Agriculture Crystal ball Event (Time Zone - 9PM PST)
Global digital Agriculture Market size is estimated to grow from USD 5.6 billion in 2020 and is projected to reach USD 6.2 billion by 2021, recording a CAGR of 9.9%. The shift in consumer preferences to higher standards of food safety and quality and increase in demand for agriculture food products are some of the driving factors for the market. Moreover, increased farm mechanization and developing digital agriculture infrastructure are expected to increase the adoption of digital agriculture among the farmers.
Technological interventions such as soil sensors, remote sensing, unmanned aerial surveying and IoT, among others, assist farmers to gather, assess, and visualize soil and crop health conditions at different points of production, in a cost-effective approach and a convenient manner. Infact,artificial intelligence/machine learning(AI/ML)algorithms help generate real-time actionable insights to help control pests, improve crop yield, assist in soil screening, reduce farmers workload and provide actionable data for them. Additionally, blockchain technology offers precise and tamper-proof data about inventories, farms, food tracking, as well as quick and secure transactions.
Top 10 disruptions in Digital Agriculture
90 minutes of brainstorming among 4 great minds which will aim at bringing out a tangible action plan by discussing the question given below:
Director of Product Marketing, DroneDeploy
Vice President of Predictive Analytics and Computational Biology , Sensei Agriculture
Digital & IT Business Partner , Bayer Crop Science