Meticulous Research® projects the global crop monitoring market to reach a valuation of $8.9 billion by 2030, with a CAGR of 19.3%. Key factors driving this growth include the demand for remote sensing technologies, government initiatives promoting IoT solutions in agriculture, and increasing global population. Challenges such as high costs and regulatory frameworks may hinder market growth, but the integration of AI and IoT technologies and advancements in mapping and navigation offer potential opportunities.
