Key Market Dynamics of Precision Livestock Farming Market
The precision livestock farming market is estimated to be USD 3.1 billion in 2020 and projected to reach USD 4.8 billion by 2025, at a CAGR of 9.0%. The implementation of IoT- and AI-enabled devices for livestock monitoring, surging labor costs and rising demand for automation in livestock industry, increasing focus on real-time monitoring and early disease detection, and growing demand for protein and dairy products have become the prominent factors for the growth of the precision livestock farming market...
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