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The Global Livestock Monitoring Market is expected to witness growth with a CAGR of 19.33% during the forecast period of 2022-2028. Get a Free Sample Report.
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Global Livestock Monitoring Market to Exhibit 19.33% CAGR by 2028 TritonMarketResearchpresentstheGlobal Livestock Monitoring MarketsegmentedbyProductType(HardwarewithIntegratedSoftware&Systems[Sensors,GPS,Others],StandaloneSoftware[On-Cloud,On-Premise],Services[Integration&Deployment,Maintenance&Support,OtherServices]),AnimalType(Cattle,Poultry,Swine,Equine,Goat&Sheep,Others),Application(MilkHarvesting,BreedingManagement,FeedingManagement,AnimalHealthMonitoring&Comfort,HeatStress,BehaviorMonitoring,OtherApplications),Geography(NorthAmerica,theMiddleEastandAfrica,LatinAmerica,Asia-Pacific,andEurope). ItfurtherdiscussestheMarketSummary,IndustryOutlook,ImpactofCOVID-19,KeyInsights,Porter’sFiveForcesAnalysis,MarketAttractivenessIndex,ValueChainAnalysis,KeyBuyingCriteria,RegulatoryFramework,VendorScorecard,KeyImpactAnalysis,KeyMarketStrategies,Drivers,Challenges,Opportunities,RegionalOutlook,CompetitiveLandscape,ResearchMethodology&Scope,GlobalMarketSize,Forecasts&Analysis(2022-2028). Requestfreesample: https://www.tritonmarketresearch.com/reports/livestock-monitoring-market#request-free-sample TritonMarketResearch’sreporthighlightsthattheglobalmarketforlivestockmonitoringwouldadvanceataCAGRof19.33%duringtheforecastedyears2022to2028. Livestockcontributessignificantlytotheoveralleconomy,usingitsproductsasassets.Therearedifferentkindsoflivestocksuchascattle,horses,sheep,goats,pigs,anddonkeysthatare
domesticated,andtheirproducts,suchaseggs,wool,fur,meat,etc.,areusedformultiplepurposes.Livestockmonitoringholdsgreatimportanceformanagingfarmanimals,theirbehavior,health,andwellness.Withtechnology,rancherscankeepupwiththeirlivestockinreal-time,thusreducingnumerousissues.This,inturn,augmentsthegrowthofthelivestockmonitoringmarket.domesticated,andtheirproducts,suchaseggs,wool,fur,meat,etc.,areusedformultiplepurposes.Livestockmonitoringholdsgreatimportanceformanagingfarmanimals,theirbehavior,health,andwellness.Withtechnology,rancherscankeepupwiththeirlivestockinreal-time,thusreducingnumerousissues.This,inturn,augmentsthegrowthofthelivestockmonitoringmarket. However,theresistancetotechnologyadoptionbysmall-scalefarmerspresentsmajorchallengestothestudiedmarket. Globally,NorthAmericaholdsthelargestmarketforlivestockmonitoringandisexpectedtostrongholditspositionovertheforecastyears.TheUSagriculturaldepartmenthasobligatedthecountrytouseradiofrequencyidentificationforreal-timedetectionandtreatmentoftheanimalsonthefarm.Moreover,theincreasingpopulationhasraisedthedemandforlivestock-derivedproducts,therebyexpandingthedemandforlivestockmonitoring. TheleadingcompaniesprofiledinthelivestockmonitoringmarketincludeAfimilkLtd,Boumatic,Cainthus,AllflexLivestockIntelligence,CattleEyeLtd,Dairymaster,ConnecterraBV,CowmanagerBV,GEAGroup,Delaval,HerdxInc,Sensaphone,NedapNV,Lely,andValleyAgricultureSoftware. Theglobalmarketfacecut-throatcompetitionasemergingtechnologyallowscompaniestoprovideinnovativeproductssuchasmilkingrobots,feedmanagementsoftware,etc.Moreover,thereisnothreatofsubstitutesforIoT-basedlivestockmanagementtoolsasend-productsremainthesame.Besides,livestockmonitoringtechnologiesarereplacingtraditionalways,considerablyeasingtheprocess. ContactUs: sales@tritonmarketresearch.comPhone:+447441911839