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I oT in refers to using interconnected devices (e.g. sensors, machinery, and data analytics software) to increase efficiency. Future Market Insights describes it as being on the ‘brink of explosive growth’ with financial forecasts projecting a 10% compound annual growth rate (CAGR) from $11.5 billion in 2021 to $32.8 billion by 2032.

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SOURCE: Farmer & Cowboy Magazine

NOTE: In today’s rapidly evolving agricultural landscape, the concept of “Farm Smart” has become increasingly important. European farmers face numerous challenges, including climate change, market fluctuations, and the need for sustainable practices. This guide provides comprehensive insights into how European farmers can adopt Farm Smart principles to enhance their farming operations. We will cover advanced techniques, sustainable practices, cost-effective solutions, money-saving hacks, budget-friendly options, and insider secrets.

Originally posted 2024-07-20 00:00:00.