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Livestock Monitoring Solution Market May Set Major Growth by 2026 | Dairymaster, DeLaval, BouMatic, Afimilk

Livestock Monitoring Solution Market May Set Major Growth by 2026 | Dairymaster, DeLaval, BouMatic, Afimilk
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Livestock Monitoring Solution Market May Set Major Growth by 2026 | Dairymaster, DeLaval, BouMatic, Afimilk

Livestock Monitoring Solution Market May Set Major Growth by 2026 | Dairymaster, DeLaval, BouMatic, Afimilk
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Livestock Monitoring Market – Global Forecast to 2026: Milk Harvesting, Feeding, Breeding, Behavior Monitoring & Control – ResearchAndMarkets com

Posted on 4715 ResearchAndMarkets.com’s offering. 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 countries create a strong demand for livestock monitoring in the midst of COVID-19. However, high technological cost and limited technical knowledge and skills of farmers restrains the market growth.

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