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Smart Agriculture Market is Forecast to Grow at more than 11% until 2028 | BlueWeave Consulting

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New Delhi, June 03, 2022 (GLOBE NEWSWIRE) — Smart agriculture market is growing at a high CAGR due to rising investment by the governments as well as large enterprises into integrating smart technologies into the agriculture sector coupled with increasing awareness about the benefits…

A recent study conducted by the strategic consulting and market research firm, BlueWeave Consulting, revealed that the global smart agriculture market was worth USD 11.5 billion in the year 2021. The market is projected to grow at a CAGR of more than 11%, earning revenues of around USD 24.3 billion by the end of 2022. The smart agriculture market is growing at a high rate owing to the rising burden of the global population and surging food demand. The environmental consequences of agricultural activities and depleting level of resources such as groundwater is also influencing the adoption of advanced technologies such as artificial intelligence, Internet of Things (IoT), data analytics, etc., for better management of resources is anticipated to provide lucrative growth opportunities to the global smart agriculture market in the forecast period.

Rising Demand For Weather Monitoring Systems Is Driving The Growth Of The Smart Agriculture Market

The demand for weather monitoring systems is very prominent in the agriculture sector and is also increasing at a high rate owing to the changing climatic conditions and their adverse effects on the crops. The weather monitoring system is highly capable of detecting any sudden changes in the weather and can make real-time alerts. This can help the farmers prevent and reduce weather-related losses. It is also extremely helpful in determining the ideal environmental conditions to grow specific crops.

Increasing Investment Towards Human Resources Is Propelling The Overall Market Growth

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Smart agriculture technologies may generate data or create insights but it will go in vain without skilled people who are not well-equipped with the knowledge. This also acts as a major restraint for market growth. Therefore, many public and private bodies are focusing and investing in the training of human resources for smart agriculture management. For instance, Tanzania has trained over 12,000 young university graduates on smart agriculture to develop professional skills.  


Request for Sample Report @ https://www.blueweaveconsulting.com/report/smart-agriculture-market/report-sample  

Smart Agriculture Market – By Farm Size

Based on farm size, the smart agriculture market is segmented into small farms, medium farms, and large farms. Medium-sized farms account for the largest market share because of high ownership in this type of land size. A high number of peasants working on medium-sized farms, especially in developing countries such as India, also plays a crucial factor in propelling its market growth. Furthermore, the implementation of smart agriculture tools and technologies is much more convenient in this land size along with a high return on investment compared to other farm sizes, which also favor its market growth.

Smart Agriculture Market – Regional Insights

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Geographically, the smart agriculture market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. North America dominates the smart agriculture market. However, the Asia-Pacific region is anticipated to witness the highest CAGR during the forecast period. The rising government support and increasing population density of the developing countries in this region are emerging as the major driving factors for the smart agriculture market. Furthermore, the production of smart agriculture components and hardware in countries such as China, Japan, India, etc., is also increasing its penetration, driving the overall market growth.

Please Visit Press Release of the Smart Agriculture Market: https://www.blueweaveconsulting.com/press-release/smart-agriculture-market-is-forecast-to-grow-at-more-than-11-until-2028

Impact of COVID-19 on Smart Agriculture Market

The smart agriculture market was negatively impacted by the unprecedented COVID-19 pandemic outbreak. Agricultural activities in different parts of the world were halted due to lockdown and social distancing norms. Furthermore, the disruptions in the supply chain and manufacturing activities also hindered the production and distribution of hardware components involved in smart agriculture. However, the market is projected to recover in the post-lockdown period owing to the expanding scope of cloud computing and data analytics and the availability of hardware components.

Competitive Landscape

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The leading market players of the smart agriculture market are John Deere, LumiGrow, Trimble, Heliospectra, Topcon Positioning Systems, InnovaSea Systems, DeLaval, Afimilk, AKVA, Antelliq, AgEagle Aerial Systems Inc., Raven Industries, Inc., GEA Group, The Climate Corporation, Autonomous Solutions, Inc., SST Development Group, Inc., Argus Control Systems Ltd, Gamaya, Grownetics, Inc., Granular, Inc., DroneDeploy, Farmers Edge Inc., BouMatic Robotic B.V., and other prominent players.

The smart agriculture market is fragmented with the presence of several global and regional industry participants. However, several startups are also emerging with significant growth potential owing to a flourishing market. The companies constantly launch new technologies to gain market traction and significantly invest in r&d activities to innovate their offerings. Furthermore, the adoption of competitive strategies such as partnerships, mergers, acquisitions, collaborations, etc., is also prominent in this market.

Don’t miss the business opportunity of the smart agriculture market. Consult our analysts to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the smart agriculture market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the smart agriculture market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.

Recent Development

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  • In December 2021, Zyter Inc., a US-based information technology and services company, announced the introduction of an Internet of Things (IoT)-based solution that integrates AI to support informed crop management decisions for farmers and agronomists.
  • In July 2021, Bosch and BASF Digital Farming announced their joint venture to globally market and sell smart farming technologies from a single source, which has now received approval from the relevant authorities.

Scope of the Report

Attributes Details
Years Considered Historical data – 2018-2021
Base Year – 2021
Forecast – 2022 – 2028
Facts Covered Revenue in USD Billion
Market Coverage U.S, Canada, Germany, UK, France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, UAE, South Africa, Saudi Arabia
Product Service/Segmentation By Offering, By Agriculture Type, By Farm Size, By Region
Key Players John Deere, LumiGrow, Trimble, Heliospectra, Topcon Positioning Systems, InnovaSea Systems, DeLaval, Afimilk, AKVA, Intelliq, AgEagle Aerial Systems Inc., Raven Industries, Inc., GEA Group, The Climate Corporation, Autonomous Solutions, Inc., SST Development Group, Inc., Argus Control Systems Ltd, Gamaya, Grownetics, Inc., Granular, Inc., DroneDeploy, Farmers Edge Inc., BouMatic Robotic B.V., and other prominent players.

By Offering

  • Hardware
  • Software
  • Services

By Agriculture Type

  • Precision Farming
  • Livestock Monitoring
  • Precision Aquaculture
  • Precision Forestry
  • Smart Greenhouse
  • Others

By Farm Size

  • Small Farms
  • Medium Farms
  • Large Farms

By Region

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Latin America (LATAM)
  • Middle East & Africa (MEA)

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About Us 

BlueWeave Consulting provides comprehensive Market Intelligence (MI) Solutions to businesses regarding various products and services online and offline. We offer all-inclusive market research reports by analyzing both qualitative and quantitative data to boost the performance of your business solutions. BWC has built its reputation from the scratch by delivering quality inputs and nourishing long-lasting relationships with its clients. We are one of the promising digital MI solutions companies providing agile assistance to make your business endeavors successful.

Contact Us:

BlueWeave Consulting & Research Pvt. Ltd

+1 866 658 6826 | +1 425 320 4776 | +44 1865 60 0662

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Artificial Intelligence

Northern Data Group is first in Europe to acquire NVIDIA H200 GPUs

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First in Europe to acquire NVIDIA H200 GPUs – currently the most powerful GPUs on the market The deployment further expands the Group’s Generative AI CSP offering, already the largest in Europe Further demonstration of the Group’s continued commitment to providing best-in-class technologies FRANKFURT, Germany, July 1, 2024 /PRNewswire/ — Northern Data Group (Ticker symbol German stock market: NB2, ISIN: DE000A0SMU87), a leading provider of High-Performance Computing (HPC) solutions, today announces it has purchased NVIDIA H200 GPUs through a newly established partnership with Supermicro, a global leader in Application-Optimized Total IT Solutions.

Northern Data Group’s cloud platform, Taiga Cloud will be the first Cloud Service Provider (CSP) in Europe to offer access to the H200 GPU hardware, with delivery and deployment scheduled for Q4 2024. The partnership with Supermicro for the NVIDIA H200 GPUs will further build its HPC solutions and complement its existing offering of best-in-class GenAI technologies.
This purchase of the H200 GPUs demonstrates Northern Data Group’s commitment to offering the best-in-class technology to its customers, as it continues to expand its cloud solutions offering, while also maintaining its position as Europe’s first and largest dedicated Generative AI Cloud Service Provider.
The first full island of over 2,000 NVIDIA H200 GPUs utilizing BlueField-3 data processing units (DPUs) and NVIDIA Mellanox CX7 NICs, to deliver 32 petaFLOPS of performance. The configuration of NVIDIA-referenced architecture allows customers to access more bandwidth, faster, and more efficient data storage access. The H200 GPUs will be housed in one of Northern Data Group’s European data centers, powered by carbon-free, renewable energy and boast a Power Usage Effectiveness ratio of less than 1.2.
Aroosh Thillainathan, Founder and CEO, Northern Data Group, commented:
“Our GenAI platform is constantly evolving and we are proud to collaborate with Supermicro to be the first in Europe to offer access to NVIDIA H200 GPUs. This is testament to our commitment to continually offer industry-leading, next-generation solutions. 
“As an Elite Partner of NVIDIA, we are proud to continue to offer cutting-edge technology, deployed in line with recommended architecture references to maximize the technology.” 
Vik Malyala, President & Managing Director, EMEA; SVP, Technology & AI, Supermicro commented:
“We are excited to collaborate with Northern Data Group to expand its GenAI Cloud offering to include Supermicro GPU servers based on latest Nvidia H200 HGX GPUs.  Supermicro is fully committed to delivering most performant and energy efficient AI infrastructure and solutions, and this collaboration will accelerate availability and bring the best value for customers in Europe.”
About Northern Data Group: 
Northern Data Group (ETR: NB2) is a leading provider of High-Performance Computing (HPC) solutions to businesses and research institutions, utilizing GPU- and ASIC-based solutions. Our flexible compute power fuels innovation in our three core business platforms: Taiga Cloud, Ardent Data Centers, and Peak Mining. Through our HPC solutions, we pioneer ambitious computing innovation that drives progress in the AI, ML and Generative AI industries. Our close collaboration with industry-leading manufacturers including Gigabyte, AMD, and NVIDIA is fundamental to the acceleration of innovation across sectors including life sciences, financial services, and energy. 
About Taiga Cloud:
Taiga Cloud, a Northern Data Group platform, is Europe’s first and largest Generative AI Cloud Service Provider. We provide a flexible, secure and compliant cloud-based ultra-fast GPU Network, engineered to meet organizations’ most ambitious compute needs. Taiga Cloud recognizes that high-intensity, large-scale processing power is crucial for accelerating Generative AI models and research which will deliver a new era of technological breakthroughs. Taiga’s energy-efficient Cloud is powered by Europe’s largest cluster of NVIDIA A100 Tensor Core and H100 Tensor Core GPUs, helping enable organizations to accelerate AI and ML innovation on demand, with technology that is fully scalable.

View original content:https://www.prnewswire.co.uk/news-releases/northern-data-group-is-first-in-europe-to-acquire-nvidia-h200-gpus-302185926.html

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Dawn Health and Merck are collaborating to support Growth Disorders care

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COPENHAGEN, Denmark, July 1, 2024 /PRNewswire/ — Dawn Health, the digital health company pioneering patient-first innovation, has announced they are working with leading global pharmaceutical company, Merck, on a digital solution for Growth Hormone Disorders (GHD).

Over the next two years, they will join forces to deliver a cutting-edge, user-centric digital platform, designed to help improve the lives of tens of thousands of patients across more than 40 countries.
By harnessing the latest AI technologies, the collaboration will also involve exploring the integration of features such as growth predictions and advanced personalization into the digital product, with excitement about AI and its potential for impact on user experience, adoption, adherence, and treatment outcomes. The digital solution will provide support to children and young adults living with GHD, as well as providing tools and support to their caregivers, both at home and in a clinical setting. 
With a shared commitment to improving patient lives, the collaboration will focus on patient-centricity to deliver an intuitive, engaging product that supports users and caregivers throughout their treatment journey. This means speaking with patients to truly understand their unmet needs and how the solution can best address these, as well as hearing from caregivers and healthcare professionals about how to best empower and support those living with GHD.
The collaboration is already off to a strong start, with workshops and inspiring discussions happening between the teams at Dawn Health and Merck, as they work together to deliver a cutting-edge platform on a global scale to improve the lives of people living with Growth Hormone Disorders.
About Merck
Merck, a leading science and technology company, operates across life science, healthcare and electronics. Around 63,000 employees work to make a positive difference to millions of people’s lives every day by creating more joyful and sustainable ways to live. From providing products and services that accelerate drug development and manufacturing as well as discovering unique ways to treat the most challenging diseases to enabling the intelligence of devices – the company is everywhere. In 2023, Merck generated sales of € 21 billion in 65 countries. Scientific exploration and responsible entrepreneurship have been key to Merck’s technological and scientific advances. This is how Merck has thrived since its founding in 1668. The founding family remains the majority owner of the publicly listed company. Merck holds the global rights to the Merck name and brand. The only exceptions are the United States and Canada, where the business sectors of Merck operate as MilliporeSigma in life science, EMD Serono in healthcare, and EMD Electronics in electronics.
All Merck press releases are distributed by e-mail at the same time they become available on the Merck website. Please go to www.merckgroup.com/subscribe to register online, change your selection or discontinue this service.
About Dawn Health
Dawn Health is a global leader in digital health, specializing in the development of software as a medical device (SaMD) and digital therapeutics (DTx). Partnering with pharmaceutical companies, Dawn Health accelerates the launch of digital solutions to change the lives of people with chronic conditions.
Media Contacts
For questions about [email protected] 
For questions about Dawn HealthChristopher Kold, [email protected]
 

View original content:https://www.prnewswire.co.uk/news-releases/dawn-health-and-merck-are-collaborating-to-support-growth-disorders-care-302184356.html

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Transforming Healthcare with AI: Yidu Tech’s Gong Rujing at Summer Davos

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DALIAN, China, July 1, 2024 /PRNewswire/ — “AI in healthcare is extremely challenging. For companies, it requires not only solving scientific problems but also understanding AI technology and respecting the complexity of the healthcare industry.” At the 15th Annual Meeting of the New Champions, also known as Summer Davos, Ms. Gong Rujing (Yingying), Chairwoman and Founder of Yidu Tech, was invited as a distinguished representative of the healthcare technology sector. She shared her unique insights into the future of AI in healthcare during the thematic dialogue on “Healthcare Analytics, Not Moving Fast Enough.”

This year marks the 10th anniversary of Yidu Tech and Ms. Gong Rujing’s decade-long dedication to the healthcare industry. From the inception of her entrepreneurial journey 10 years ago, she has been driven by the mission to leverage the power of technology to deliver precise healthcare to every individual.
Ms. Gong described the past decade as a journey filled with miracles and achievements. During this period, Yidu Tech has progressively established close collaborations with key stakeholders in the healthcare industry, including government agencies, hospitals, pharmaceutical companies, insurance firms, experts, and clinicians. As of March 31, 2024, Yidu Tech’s “AI Medical Brain” YiduCore has been authorized to process and analyze over 5 billion medical records, covering more than 2,500 hospitals.
In AI-powered clinical research, Yidu Tech has supported researchers and clinicians in producing over 240 high-level papers, accelerating the application of research outcomes. Additionally, Yidu Tech provides clinical trial services to globally renowned pharmaceutical companies, helping them optimize trial processes, reduce costs, and bring new drugs to market more swiftly, ultimately benefiting patients. In healthcare management, Yidu Tech’s AI technology plays a crucial role by analyzing vast amounts of medical data to provide comprehensive decision support to healthcare administrators, helping them optimize resource allocation and improve service efficiency.
“We are now entering a new era of AI technology.” The development of large language model technologies has opened up new possibilities across various industries. Yidu Tech has independently developed a large language model specific to the medical field and is advancing its application across the entire healthcare industry chain. The goal is to promote further progress and innovation through new AI technologies. However, Ms. Gong also emphasized that the healthcare industry is professional, complex, and sensitive, and the application of new technologies must address challenges such as data security, privacy protection, and ethics.
“Data security and privacy protection are fundamental to the development of AI technology and medical big data technology. We must ensure that all stakeholders are satisfied with compliance, security, accessibility, and privacy protection.”
“AI technology still has a long way to go.” She called on policymakers, healthcare institutions, and technology companies to work together to realize the immense potential of healthcare data. Ms. Gong highlighted that building trust is key, and enhancing data operability is essential to fully unleash the power of data. “It’s not just about better data quality; it’s about a better future for health.”

View original content:https://www.prnewswire.co.uk/news-releases/transforming-healthcare-with-ai-yidu-techs-gong-rujing-at-summer-davos-302186561.html

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