Global Livestock Monitoring Market Set to Reach USD 3.7 Billion by 2030: MarketsandMarkets Report
The global livestock monitoring market is projected to witness substantial growth, with a forecasted increase from USD 1.6 billion in 2022 to USD 3.7 billion by 2030, according to a report by MarketsandMarkets. The market is anticipated to exhibit a compound annual growth rate (CAGR) of 11.0% during the period from 2022 to 2030. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=72634532 Key Segments: The livestock monitoring market is divided into four categories: technology, product, application, and geography. RFID, GPS, sensors, and other monitoring devices are critical components contributing to the market's growth. The offers comprise hardware, software, and services, resulting in a comprehensive livestock management solution. Milk collecting, heat stress monitoring, behaviour monitoring, reproduction management, and health monitoring are all examples of applications. Growth Drivers: Several reasons are driving the global livestock monit...