Livestock Monitoring Market

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MarketsandMarkets Research Private Ltd.
Presents
Livestock Monitoring Market worth 2.5 billion by
2025
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ivestock-monitoring-market-72634532.html
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According to the new research report, "Livestock
Monitoring Market by Offering (Hardware,
Software, and Services), Livestock Type (Cattle,
Poultry, Swine, Equine), Application (Milk
Harvesting, Feeding, Breeding, Behavior
Monitoring Control), Farm Type, Geography -
Global Forecast to 2025" is expected to grow from
USD 1.5 billion in 2020 to USD 2.5 billion by
2025, at a CAGR of 10.9. The growing focus on
livestock monitoring and disease detection,
increasing adoption of IoT and AI by dairy
farmers, and substantial cost-saving associated
with livestock monitoring management are driving
the growth of this market. The growing population
of cattle with rising dairy farms and growing
adoption of livestock monitoring technology in
developing countries provide major opportunities
for the growth of the livestock monitoring
market. Browse gtgt 104
Market data tables 40
figures 179 pages and
in-depth TOC on Livestock Monitoring Market
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Software component to witness the highest CAGR
during 20202025 The livestock monitoring market
for software components is broadly classified
into on cloud, on-premise, and AI and data
analytics. The use of software enables the
recording, storage, retrieval, analysis, and
dissemination of information about a large number
of cattle. These software systems also enable
better management of resources and increase the
production efficiency of livestock. Feeding
Management  expected to exhibit the highest CAGR
in the Livestock monitoring market from 2020 to
2025 The Livestock Monitoring market for the
feeding management application is expected to
grow at the highest CAGR from 2020 to 2025. The
feeding management application is expected to
continue to dominate the livestock monitoring
market, in terms of size and growth rate, during
the forecast period. This high growth is
predominantly driven by the increasing
availability of innovative feeding technologies
such as liquid feeding systems and dry feeding
systems.
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ivestock-monitoring-market-72634532.html
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Growing population of dairy farms and population
expansion boost demand for livestock monitoring
in APAC during the forecast period The Livestock
monitoring market in APAC is expected to grow at
the highest CAGR during the forecast period.  The
population expansion in the regions developing
countries is mounting pressure on the suppliers
of livestock products to become more efficient
and productive, thus pushing the sales of
livestock monitoring solutions upward. The rising
penetration of IoT in the animal monitoring
application also boosts the growth of this
market. Key players in the livestock monitoring
market are GEA Farm Technologies (Germany),
DeLaval (Sweden), Afimilk Ltd. (Israel),
BouMatic, LLC (US), Antelliq Corporation
(France), Dairymaster Ltd. (Ireland), Lely
International NV (Netherlands), Fancom BV
(Netherlands), Fullwood Packo Ltd. (UK), and
Nedap NV (Netherlands). These players are
increasingly adopting growth strategies such as
product launches and developments, partnerships,
collaborations, agreements, and acquisitions to
develop and introduce new technologies and
products in the market.
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ivestock-monitoring.asp
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