According to the report, Livestock Monitoring and Disease Detection is Rising in Popularity, with Growing Emphasis on Disease Prevention in Livestock is one of the primary growth factors for the market. Growing Adoption of Digital Solutions in Agriculture
is also expected to contribute significantly to the Livestock Monitoring Solution market. Overall, Milk Harvesting
applications of Livestock Monitoring Solution, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Farm Size, such as Small and Med-Sized, is boosting the Livestock Monitoring Solution market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Component, such as Hardware, is boosting the Livestock Monitoring Solution market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The Livestock Type, such as Cattle, is boosting the Livestock Monitoring Solution market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Livestock Monitoring Solution market identified that the demand is rising in many different parts of the world as "Asia Pacific Region Presents Huge Market Potential for Future Growth Prospectus". Furthermore, some recent industry insights like "In 2020, BASF SE, a German multinational chemical, agricultural as well as related industrial domain services provider has announced acquisition of Cloudfarms, which is a next generational farming solutions for livestock producers. The Cloudfarms software company, provides livestock farm management solutions, precision farming, monitoring and traceability. This solutions could enable livestock farmers to manage, track, process and analyze the production data for daily operations in real time scenario. This acquisition is in line with BASF’s commitment towards sustainable food system, as well as integration of digital solutions ecosystems for global livestock sector." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Livestock Monitoring Solution market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Livestock Monitoring Solution market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall market size is calculated using market estimation process, the market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the market size has been validated using both top-down and bottom-up approaches.