Markets&Markets study in collaboration with Abaco Group reveals the key role of technology: producing more, with less, to feed a growing population.
In Europe, where 27 percent of the global precision agriculture market is allocated, the sector is estimated to reach a total value of $4.2 billion by 2026.
As the study conducted in collaboration with MarketsandMarkets shows, digital agriculture is growing more and more, especially in European Union countries.
In fact, companies in the Old Continent are increasingly focusing on digitization to grow: spending on systems based on technologies such as GIS software, artificial intelligence and IoT will reach $5.7 billion by the same year.
