Smart Livestock Monitoring Market to Hit USD 9.80 billion by 2035 | CAGR 12.6%

Read more about this report- Smart Livestock Monitoring Market to Hit USD 9.80 billion by 2035 | CAGR 12.6%

• The Smart Livestock Monitoring Market is valued at USD 2.65 billion in 2024.
  The Smart Livestock Monitoring Market will achieve USD 9.80 billion by 2035 through a projected 12.6% CAGR from 2025 to 2035.
• There is a single overriding reason that causes the enhancement of smart livestock monitoring: the optimization of animal health management and output increase via real-time monitoring and predictive analysis. Nevertheless, the big inhibitor in this market is that the initial investment in the deployment of IoT-based monitoring solutions is high.
• The smart livestock monitoring market is segmented by the livestock type (cattle, poultry, swine, equine, others), by component (hardware, software, services), by the farm type (commercial, household) and by the application (feeding management, breeding management, behavior monitoring, heat detection, health monitoring, others). Of them, the Cattle segment has the majority because of its high population in the commercial dairy and meat production environments and increased use of RFID and biosensors to track the animals.
• Some of the use cases that are covered in the market include real-time health monitoring, behaviour analysis, estrus detection, feeding pattern management, and location tracking. Health monitoring is one of the spheres where wearable biosensors and cloud-based analytics are revolutionizing disease prevention by sending alerts that can be based on animal behaviour and temperature changes.
• One specific illustration of such a country-focused program is the so-called Digital Livestock Mission run by the Indian government, which targets not only to digitalize the records of livestock health but also to encourage the concept of precision farming, thereby creating better accessibility and adoption of smart monitoring technologies in the rural environment.
• Five geographical locations support the smart livestock monitoring sector, and these include North America, Europe, Asia Pacific, Latin America and the Middle East, and Africa. The city of Brazil has a growing livestock industry, and it is accompanied by the emphasis on the adoption of aggrotech promoted by the government, which is stimulating the adoption of technologies in the farms. Cost-sharing has also been made possible through the support of small-scale farmers in purchasing smart monitoring systems due to the help of public-private partnerships.
• The strategic players in the smart livestock monitoring industry are Allflex Livestock Intelligence, Afimilk Ltd., DeLaval Inc., Cowlar Inc., and BouMatic. These business entities influence the market with sophisticated sensor-based infrastructure, cloud analytics, and farm management dashboards.