Technavio’s analysts forecast the global agriculture M2M market to grow at a CAGR of 43.78% over the period 2014-2019.
Mobile technology is leading to the creation of innovative services and applications that are used throughout the agricultural value chain to aid farmers in utilizing available resources efficiently. M2M applications enable farmers and agriculture businesses to monitor equipment, manage their crops, assess the environmental impact of production, and monitor the status of tractors, harvesters, and other vehicles.
These applications also help farmers in making informed decisions and improve yields. Moreover, it contributes to increased transparency and efficiency within wider agricultural value chains.