This statistic shows the compound annual growth rate (CAGR) of the smart agriculture industry worldwide between 2017 and 2022, by application. According to the report, the global market for indoor farming was estimated to grow by a CAGR of 19.4 percent between 2017 and 2022.
Compound annual growth rate (cagr) of smart agriculture worldwide between 2017 and 2022, by application*
* Forecast.
Smart farming types include precision crop farming, livestock monitoring and management, indoor farming, aquaculture, and others (forestry and orchids).
The source adds the following information: "The smart farming market encompasses a wide array of solutions such as hardware systems,
software, and services.
Figures have been rounded.
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BIS Research. (December 7, 2018). Compound annual growth rate (cagr) of smart agriculture worldwide between 2017 and 2022, by application* [Graph]. In Statista. Retrieved December 09, 2024, from https://www.statista.com/statistics/957386/annual-growth-rate-cagr-smart-agriculture-worldwide-by-type/
BIS Research. "Compound annual growth rate (cagr) of smart agriculture worldwide between 2017 and 2022, by application*." Chart. December 7, 2018. Statista. Accessed December 09, 2024. https://www.statista.com/statistics/957386/annual-growth-rate-cagr-smart-agriculture-worldwide-by-type/
BIS Research. (2018). Compound annual growth rate (cagr) of smart agriculture worldwide between 2017 and 2022, by application*. Statista. Statista Inc.. Accessed: December 09, 2024. https://www.statista.com/statistics/957386/annual-growth-rate-cagr-smart-agriculture-worldwide-by-type/
BIS Research. "Compound Annual Growth Rate (Cagr) of Smart Agriculture Worldwide between 2017 and 2022, by Application*." Statista, Statista Inc., 7 Dec 2018, https://www.statista.com/statistics/957386/annual-growth-rate-cagr-smart-agriculture-worldwide-by-type/
BIS Research, Compound annual growth rate (cagr) of smart agriculture worldwide between 2017 and 2022, by application* Statista, https://www.statista.com/statistics/957386/annual-growth-rate-cagr-smart-agriculture-worldwide-by-type/ (last visited December 09, 2024)
Compound annual growth rate (cagr) of smart agriculture worldwide between 2017 and 2022, by application* [Graph], BIS Research, December 7, 2018. [Online]. Available: https://www.statista.com/statistics/957386/annual-growth-rate-cagr-smart-agriculture-worldwide-by-type/