Updated On May 15, 2024

By SaraNextGen

Livestock Monitoring Market: Global Industry Trends, Market Size, Competitive Analysis and Forecast

According to the recent report published by Research Corridor, the Global Livestock Monitoring Market is expected to provide sustainable growth opportunities during the forecast period from 2020 to 2027. This latest industry research study analyzes the Livestock Monitoring market by various product segments, applications, regions and countries while assessing regional performances of numerous leading market participants.

• The global livestock monitoring market size is accounted to grow at a CAGR of around 16% during the forecast period 2021 to 2027. The increasing number of cattle is a primary factor to drive the market growth. The rising adoption of IoT enabled devices for real-time monitoring and increasing cases of diseases among herd animals is projected to fuel the market growth. Furthermore, the rising number of dairy farms and increasing demand for animal products such as milk, egg, and meat is driving the livestock monitoring market over the forecast [period. However, lack of skilled professionals and huge capital investment are some factors to restrain the market.

•  The report titled "Livestock Monitoring Market - Global Trends, Market Share, Industry Size, Growth, Opportunities, and Forecast - 2020 – 2027" offers a holistic view of the Livestock Monitoring industry encompassing numerous stakeholders including raw material suppliers, providers, distributors, consumers and government agencies, among others. Furthermore, the report includes detailed quantitative and qualitative analysis of the global Livestock Monitoring market considering market history, product development, regional dynamics, competitive landscape, and key success factors (KSFs) in the industry.

•  The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.

•  Livestock Monitoring Market report summarizes the positive growth rate in upcoming years, and market size with competitive analysis. Our experts have analyzed the historical data to compare with the current market scenario to calculate the market growth in the coming years. The study provides an exhaustive report that includes an executive summary, scope, and forecast of the market.

•  The Livestock Monitoring Market Segmentation:

• By Component:

• Hardware

• Software

• Services

• By Animal Type:

• Cattle

• Poultry

• Swine

• Equine

• Others

• By Application:

• Feeding Management

• Milk Harvesting

• Breeding Management

• Animal Health Monitoring & Comfort

• Heat Stress

• Behavior Monitoring

• Others

• By Region:

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East & Africa