Technology

Connected Agriculture Market Size to Grow USD 3533.2 Million by 2030 at a CAGR of 10.9% | Valuates Reports

Published

2 months ago

August 5, 2024

BANGALORE, India, Aug. 5, 2024 /PRNewswire/ — Connected Agriculture Market is Segmented by Type (Smart Water Management, Network Management), by Application (Farm Planning & Management, Agricultural Finance): Global Opportunity Analysis and Industry Forecast, 2024-2030.

The Global Connected Agriculture Market was valued at USD 1694.3 Million in 2023 and is anticipated to reach USD 3533.2 Million by 2030, witnessing a CAGR of 10.9% during the forecast period 2024-2030.

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Major Factors Driving the Growth of Connected Agriculture Market:

The Internet of Things (IoT) is driving considerable development in the connected agriculture market by providing farmers with real-time data and analytics to optimize crop yields and resource management. The market is expanding due to the growing use of precision farming techniques, which is being aided by government efforts and subsidies in different areas. Due to their advanced agricultural regulations and technical infrastructure, North America and Europe now dominate the market. However, Asia-Pacific has the potential for significant development due to its vast agricultural base and growing investments in smart farming solutions. Growing worries about food security and sustainability are also driving this market’s growth, driving up demand for effective and cutting-edge agricultural techniques.

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TRENDS INFLUENCING THE GROWTH OF THE CONNECTED AGRICULTURE MARKET:

By maximizing water consumption and increasing crop output, smart water management plays a critical role in propelling the growth of the connected agriculture market. Farmers may track weather patterns, water demand, and soil moisture levels in real time by utilizing IoT sensors and data analytics. Higher production and profitability result from this careful management, which also minimizes water waste, enhances crop health, and guarantees effective watering. In addition to promoting sustainable agricultural methods, the use of smart water management systems helps allay rising worries about water scarcity and environmental effects. The need for connected agricultural solutions is anticipated to increase as more farmers become aware of the advantages of these technologies, driving market expansion.

The development of the connected agriculture market depends on efficient network management since it makes sure that the many IoT systems and devices used in farming are seamlessly connected and communicate with one another. Real-time data collection, transmission, and analysis of information from sensors, drones, and other devices are possible with dependable network infrastructure. Farmers are able to increase overall farm management efficiency, automate procedures, and make well-informed decisions thanks to this connectivity. Robust network administration also facilitates remote control and monitoring, which lowers the requirement for staff expenses and physical intervention. The agriculture industry is becoming more and more dependent on connected technology, which makes effective network administration crucial and propels market growth.

Because it gives farmers the money they need to invest in cutting-edge technologies, agricultural financing is a major factor in the connected agriculture market’s growth. It is possible for farmers to use IoT devices, data analytics tools, and automated systems that increase production and profitability by using financial solutions including loans, subsidies, and insurance products. Small and medium-sized farms can also overcome the first financial obstacles to deploying connected agricultural solutions by having access to financial resources. Governments and financial institutions will probably extend their support for linked agriculture as they see its potential to enhance sustainability and food security, which will accelerate market expansion.

The expansion of the connected agricultural sector is mostly driven by government policies and initiatives. Globally, a growing number of countries are realizing how critical it is to modernize agriculture in order to maintain sustainability and food security. They are encouraging the use of linked technology in farming by putting rules into place and offering grants, subsidies, and other rewards. These programs include pilot project financing, research and development money, and the creation of regulatory frameworks that ease the application of IoT and data analytics in agriculture. More farmers are probably going to use linked agricultural solutions as long as government backing keeps increasing, which will propel market development.

Increased agricultural efficiency and productivity are important drivers of the linked agriculture market’s expansion. Farmers may boost operational efficiency by automating processes like pest management, fertilization, and irrigation with the help of connected technology. Insights into crop health, soil conditions, and weather patterns are provided by real-time data and analytics, enabling farmers to make data-driven decisions that maximize yields. Remote farm monitoring and management also lowers labor expenses and lowers the possibility of human mistake. It is anticipated that more farmers will use connected agricultural solutions as they look for methods to increase profitability and production, which will fuel market expansion.

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CONNECTED AGRICULTURE MARKET SHARE ANALYSIS

Driven by a high level of investment in agricultural technology and an established technical infrastructure, North America represents a large market for linked agriculture. The development and use of IoT, AI, and big data solutions in agriculture is facilitated by the existence of significant technology businesses as well as creative startups in the United States and Canada.

The modernization of farming operations through government efforts and subsidies also contributes to market expansion. Large-scale farms and agribusinesses in the area are leading the way in the adoption of connected agricultural technology, with an emphasis on automated machinery, effective water management, and precision farming. The adoption of connected agricultural solutions in North America is being further propelled by the growing focus on sustainable farming and food safety.

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Key Companies:

Geographic Revenue MixCisco SystemsIBMParametric Technology CorporationMicrosoftVodafone Group PlcAccenture PlcAT&TLink Labs LLCSAPSAP SETrimble Navigation Ltd.

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Technology

PEAC Institute Launches “24 Hour Pause for Peace: A Global Concert”

Published

10 mins ago

September 21, 2024

24 Hour Pause for Peace Will Be the Largest Peace Initiative Ever Worldwide, Unifying 96 Countries on Six Continents Through Music

MONTCLAIR, N.J., Sept. 21, 2024 /PRNewswire-PRWeb/ — On this International Day of Peace, PEAC Institute, part of the 2017 Nobel Peace Prize winning team, has launched “24 Hour Pause for Peace: A Global Concert,” the largest peace initiative ever organized worldwide through music.

“Now, we need companies, government entities, other nonprofits and donors who care about our cause for peace to join us in lifting up the biggest event of this generation.”

On October 4, 2025, this ground-breaking program will activate a massive network of youth ensembles that spans 96 countries and territories across six continents and host two 24-hour commercial festivals featuring some of the biggest acts in music and entertainment. This extraordinary day-long event will be live-streamed globally, allowing millions to participate simultaneously.

“It has been 40 years since Live Aid and We Are the World historically unified and changed the world through music,” said Rebecca Irby, president and CEO of PEAC Institute. “With our planet riddled with post-pandemic fatigue, climate chaos, unsettling wars and more, we believe it is time to create a new trajectory for humanity by inviting everyone around the globe to a 24 hour pause for peace to enjoy the sounds of music and feel the transformative power of human connection,” Irby explained.

Additionally, 24 Hour Pause for Peace plans to amass more than 100 million ambassadors to sign an appeal to the United Nations calling for a 24 hour ceasefire during the children’s concerts and commercial music events. All countries are welcome to participate with no exceptions. One of Pause for Peace’s core beliefs is everyone has the right to be equally respected and heard, particularly in collectively calling for peace.

“Achieving this ambitious global endeavor requires the support and participation from the most impactful brands, organizations, and influential leaders, artists and celebrities,” said Jennifer McKenna, 24 Hour Pause for Peace CEO.

Pause for Peace is a $165 million global initiative. Currently, it is in its first phase of raising seed capital through consumer brand-aligned sponsorships and private donors. Funding for the program is tax-deductible through PEAC’s 501(c)(3) status.

“We have assembled an exceptional executive team of change agents in entertainment, production, consumer marketing, charitable development and global security to make this extraordinary, worldwide peace event happen.” McKenna added. “Now, we need companies, government entities, other nonprofits and donors who care about our cause for peace to join us in lifting up the biggest event of this generation.” To become involved in 24 Hour Pause for Peace: A Global Concert as a sponsor, partner or donor, sign up to be an Ambassador, or for more information, go to www.24hourpauseforpeace.org.

About PEAC Institute

PEAC Institute is a 501(c)(3) nonprofit organization based in the United States. PEAC stands for peace, education, art and communication. It was formed in 2016 through a campaign with partner organization, International Campaign to Abolish Nuclear Weapons (ICAN), which garnered a 2017 Nobel Peace Prize. PEAC now holds special consultative status with the Economic and Social Council of the United Nations and has a global presence working with countries and territories worldwide to reach the most marginalized youth through art and communication activities to help them explore and express. For more information on PEAC Institute, go to www.peacinstitute.org.

Media Contact

Chadwick Boyd, Pause for Peace, 1 4046060611, chadwick@24hourpauseforpeace.org, www.24hourpauseforpeace.org

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SOURCE Pause for Peace

Technology

Global Times: China opens 12 nuclear research facilities to global scientists

Published

1 hour ago

September 21, 2024

The involved facilities span areas such as basic nuclear research, isotope production, nuclear environment simulation, equipment testing, and radioactive waste treatment and disposal.

VIENNA, Sept. 21, 2024 /PRNewswire/ — China will open 12 nuclear research facilities and testing platforms to international scientists and institutions to enhance global cooperation, a senior Chinese official said here on Monday.

These include the China Advanced Research Reactor, the new-generation tokamak device Huanliu-3, and the Beishan Underground Research Laboratory, Liu Jing, vice chairman of the China Atomic Energy Authority (CAEA), said at a meeting on the sidelines of the International Atomic Energy Agency’s (IAEA) annual general conference.

The facilities span areas such as basic nuclear research, isotope production, nuclear environment simulation, equipment testing, and radioactive waste treatment and disposal.

Monday’s meeting, themed “Share for Development,” was organized by the CAEA to promote international cooperation in nuclear technology research and development, as China marks the 40th anniversary of its accession to the IAEA.

Yu Jianfeng, chairman of China National Nuclear Corporation, said at the event that the company aims to deepen cooperation with the IAEA and expand international collaboration. He expressed hope that opening China’s nuclear research facilities will contribute to advancing nuclear technology globally.

IAEA’s Deputy Director General Mikhail Chudakov commended China’s remarkable achievements in nuclear energy development and highlighted the long-standing, fruitful relationship between the IAEA and the CAEA.

Welcoming China’s decision to open up more of its nuclear research and development facilities, Chudakov said the move will further strengthen the agency’s technical capacity to support its member states.

On Monday evening, the CAEA and China’s permanent mission to the United Nations (UN) and other international organizations in Vienna jointly held a reception at the UN headquarters in Vienna to celebrate the 40th anniversary of China’s accession to the IAEA. More than 200 participants, including IAEA representatives and foreign envoys to Vienna, attended the event.

Li Song, China’s permanent representative to the UN and other international organizations in Vienna, said at the reception that China and the IAEA have expanded practical cooperation and jointly promoted the development of nuclear energy over the past 40 years.

China, he said, will continue to strengthen collaboration with the IAEA and its member states to address emerging challenges in international security, safeguard the global non-proliferation regime, and promote the use of nuclear energy and technology for the benefit of the Global South.

At the reception, Liu, Li and IAEA Director General Rafael Grossi jointly unveiled a bronze statue of Qian Sanqiang, a renowned Chinese nuclear physicist and one of the founders of China’s nuclear industry.

The statue, donated by China, will be permanently displayed at the IAEA headquarters, alongside sculptures of Polish-French physicist Marie Curie and other prominent figures who have made significant contributions to the peaceful use of nuclear energy.

Contact: xutianshu@globaltimes.com.cn

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SOURCE Global Times

Technology

The Ar-King of Spirits: Ed Arking’s Impact on the Liquor Industry

Published

2 hours ago

September 21, 2024

In the interest of providing luxury liquors in a convenient and stress-free format, Served Neat was born. When asked about his intentions for the company, Ed states, “My goal with Served Neat is to create a one-stop shop where customers can easily discover these rare gems.”

MOORESTOWN, N.J., Sept. 21, 2024 /PRNewswire-PRWeb/ — Served Neat is an emerging online platform with a curated selection of some of the world’s most popular luxury spirits. The website offers daily flash deals that highlight a variety of high-end international brands including Pappy Van Winkle, Buffalo Trace, Clase Azul, and more.

“While there are websites selling spirits, none have the decades of experience that we bring from WTSO. Served Neat will offer not only incredible bottles but also the best customer service in the industry.”

Ed and Joe Arking, the father-son team behind the concept of Served Neat, have decades of experience hand-selecting and supplying sought-after liquors. Ed Arking, CEO of New Jersey’s Roger Wilco, grew up in the world of wine and spirits and formed his own business aspirations.

“Growing up, I watched my father navigate and succeed in the ever-evolving wine and spirits industry,” Ed explains. “While I always aspired to create something similar, I knew I needed to wait for the right moment.” Ed has gone on to manage his own liquor store and lead projects for up-and-coming brands, such as the vodka-infused and non-carbonated Smooth Water.

As he evolved in his career, Ed discovered the perfect time to make his lifelong vision a reality. He recalls, “I noticed a gap in the market—especially for whiskey and tequila. These categories have surged in popularity, making it difficult for the everyday consumer to find those elusive sought-after allocated bottles.”

When it comes to Served Neat, quality and knowledge is key. Ed adds, “While there are websites selling spirits, none have the decades of experience that we bring from WTSO. Served Neat will offer not only incredible bottles but also the best customer service in the industry.”

Served Neat is the sister company to WTSO and The Wine Market, two online platforms dedicated to sourcing and distributing top-notch wines from every corner of the globe.

At The Wine Market, an online marketplace for the world’s most popular wine brands, convenience and quality are key. Each bottle in their curated collection is a testament to exceptional flavor and craftsmanship.

Since 2006, WTSO has enjoyed creating a unique wine experience and sharing it with new beginners and seasoned connoisseurs alike. Using an extensive network of wineries and wine makers, WTSO connects customers to thousands of brands from top wine appellations around the globe. The strong relationships they’ve formed within the wine world allow the business to deliver authentic and high-quality bottles to homes across the United States.

Wine and spirits lovers alike are invited to explore Served Neat, WTSO, and The Wine Market to find their next favorite bottle. Visit their websites to learn more about these one-of-a-kind online marketplaces!

Media Contact

Julie Blount, WTSO, 1 8669572795, marketing@wtso.com

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SOURCE WTSO