IoT Market in Smart Farming Market CAGR of +18% by 2023- Global Demand, Supply, Cost Structure, SWOT Analysis and Key Players
Internet of things (IoT) refers to automated networks of computers, devices, and sensors that can process their own data. These Internet-connected systems gather data and communicate with external processes via onboard sensors, impacting businesses in every industry, including agriculture. The development in the technology of telecommunication devices and IoT, with the support of wireless sensors, is providing the growth momentum for the global IoT market in smart farming.
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