Global Livestock Monitoring Market 2022-2028
Livestock monitoring, also known as livestock management or precision livestock farming, uses IoT-enabled devices to track and monitor the health of livestock, most commonly cattle. Projected to expand at a CAGR of 12.4% from 2022 to 2028, the global livestock monitoring market will worth USD 7,382 million by 2028-end, according to Gen Consulting Company.
The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global livestock monitoring market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the livestock monitoring industry.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the components, animal type, application, and region. The global market for livestock monitoring can be segmented by components: hardware, software, services. Livestock monitoring market is further segmented by animal type: cattle, poultry, swine, sheep & goat, others. Based on application, the livestock monitoring market is segmented into: milk harvesting, animal health monitoring & comfort, behavior monitoring, feeding management, heat stress & fertility monitoring, others. In 2021, the milk harvesting segment made up the largest share of revenue generated by the livestock monitoring market. On the basis of region, the livestock monitoring market also can be divided into: North America, Asia Pacific, Europe, Rest of the World (ROW).
By components:
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook