Livestock Monitoring Market Growing at the Fastest Rate in APAC Region
The overall livestock monitoring market is expected to grow from USD 1.4 billion in 2021 to USD 2.3 billion by 2026; it is expected to grow at a CAGR of 10.4% during 2021–2026. Key factors fueling this market's growth include livestock monitoring and disease detection; increasing adoption of IoT and AI by dairy farmers; and substantial cost-saving associated with livestock monitoring management industry. Growing population of cattle with increasing dairy farms and increasing adoption of livestock monitoring technology in developing...
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