Which applications are expected to drive the growth of the Agriculture Drones market in the next 5 years?
Applications such as precision farming and livestock monitoring are expected to drive the growth of the agriculture drones market in next 5 years. The implementation of precision farming has the potential to transform agriculture practices, making traditional agricultural activities more efficient and predictable. Furthermore, the high adoption of drones, which are aerial data collection tools, for agriculture is growing exponentially. The agriculture drones market is expected to grow from USD 1.2 billion by 2019 to USD 4.8 billion by 2024 at a CAGR of 31.4%. A few key factors driving the growth of this market are increase in venture funding for the development of agriculture drones, and availability of software solutions for field survey and data analytics. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=23709764 Hardware to hold larger share of agriculture drones market during forecast period Hardware is expected to account for a ...