Smart Livestock Market 2024-2028
The smart livestock market is forecasted to grow by USD 7448 mn during 2023-2028, accelerating at a CAGR of 10.5% during the forecast period. The report on the smart livestock 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 market scenario, the latest trends and drivers, and the overall market environment. The market is driven by environmental sustainability, rise in disposable income, and demand for livestock products.
Technavio's smart livestock market is segmented as below:
By End-user
- Farmers and agricultural cooperatives
- Veterinary clinics
- Research institutes
By Product
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the growing launch of new products as one of the prime reasons driving the smart livestock market growth during the next few years. Also, growing strategic partnership and iot integration and connectivity will lead to sizable demand in the market.
The report on the smart livestock market covers the following areas:
- Smart Livestock Market sizing
- Smart Livestock Market forecast
- Smart Livestock Market industry analysis
The 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 smart livestock market vendors that include Afimilk Ltd., AgriWebb group, BovControl Inc., CattleEye Ltd., Connecterra B.V., DeLaval International AB, Digi International Inc., FRS Herdwatch Ltd., GEA Group AG, Halter, HerdDogg Inc., Lely International NV, Madison One Holdings LLC, Merck and Co. Inc., Moocall, Nedap NV, Zinpro Corp., and Zoetis Inc.. Also, the smart livestock 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.
The publisher 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 primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.