Global Livestock Monitoring Market 2022-2026

Global Livestock Monitoring Market 2022-2026

Technavio has been monitoring the livestock monitoring market and it is poised to grow by $ 9.66 bn during 2022-2026, decelerating at a CAGR of 22.34% during the forecast period. Our report on the livestock monitoring market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by regulatory norms associated with product composition, labeling, and packaging and emphasis on reducing methane emissions from livestock. In addition, regulatory norms associated with product composition, labeling, and packaging is anticipated to boost the growth of the market as well.

The livestock monitoring market analysis includes the component segment and geographic landscape.

Technavio's livestock monitoring market is segmented as below:

By Component

• Hardware
• Software
• Services

By Geographical Landscape

• North America
• Europe
• APAC
• MEA
• South America

This study identifies the growth in preference for protein-based diet globallyas one of the prime reasons driving the livestock monitoring market growth during the next few years.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on livestock monitoring market covers the following areas:

• Livestock monitoring market sizing
• Livestock monitoring market forecast
• Livestock monitoring market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading livestock monitoring market vendors that include Afimilk Ltd., Dairymaster, Fancom BV, Fullwood Ltd., GEA Group AG, Lely International NV, Madison One Holdings LLC, Merck and Co. Inc., Nedap NV, and Tetra Laval International SA. Also, the livestock monitoring market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.