IoT in Agriculture Industry
The term "Industrial Internet of Things" (IoT) has already caused significant upheaval in many different businesses, and the agricultural sector is no exception. The worldwide market for linked agriculture was valued at $1.8 billion at the end of 2018, and this figure is expected to continue increasing shortly. At a compound annual growth rate (CAGR) of 19.3%, it is anticipated to reach 4.3 billion US dollars by 2023.
The Internet of Things (IoT) has made it possible to create intelligent wearables, linked gadgets, automated machines, and autonomous vehicles. However, the Internet of Things has had the most significant influence in the field of agriculture.