Precision agriculture uses cutting-edge technology to modernize age-old agricultural practices, where farmers are able to make practices more efficient, less wasteful, and more profitable. The precision agriculture market is projected to reach $23 billion by 2030 and is currently growing at 13.4% annually.
Investments in technologies such as drone mapping, GPS sensing systems and autonomous farm equipment not only reduce environmental pollution, but help build a stable food supply. Optimizing farming efforts and resources benefit entities across the value chain, from the farmer, to investors and businesses in the sector, as well as the end-consumer.
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