But, many network providers are making it possible by introducing satellite connectivity and expending cellular networks. of connected devices (agricultural) will grow from 13 million in 2014 to 225 million by 2024.ĭue to lack of constant and reliable communication network infrastructure, an IoT solutions provider as well as the business owners had faced implementation challenges in remote or less developed regions. In fact, few of the recent report tells that the IoT device installation will see a compound annual growth rate of 20% in the agriculture industry. In the next several years, the use of smart solutions powered by IoT will increase in the agriculture operations. The Industrial IoT has been a driving force behind increased agricultural production at a lower cost. And the agriculture Industry relies heavily on innovative ideas because of the steadily growing demand for food. Throughout the world, mechanical innovations such as tractors and harvesters took place and brought into the agriculture operations in the late 20th century. Amongst the challenges like extreme weather conditions, climatic changes, environmental impact, IoT is eradicating these challenges and helping us to meet the demand for more food. And to feed this massive population, the agriculture industry is bounded to adopt the Internet of Things. Recent statistics reveal that the global population is about to reach 9.6 billion by 2050. However, in agriculture, the IoT has brought the greatest impact. The IoT technology has realized the smart wearable's, connected devices, automated machines, and driverless cars. It is expected to grow to USD 4.3 billion by 2023 at a Compound Annual Growth Rate (CAGR) of 19.3%. Till the end of 2018, the connected agriculture market stood at USD 1.8 billion globally and the change hasn't stopped yet. Till now the Industrial Internet of Things (IoT) has disrupted many industries and the Agriculture Industry isn't an exception.

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