An Exhaustive Study On Smart Irrigation Market
Introduction The global smart irrigation market was valued at US$754.200 million in 2018 and is expected to grow at a CAGR of 16.65% over the forecast period to reach US$1900.377 million by 2024. Rising concerns regarding the scarcity of water worldwide, majorly attributed to wastage of water has been alarming both environmental protectionists and the public, who are aware of the disastrous consequences if this situation is not taken care of. A good share of outdoor water usage is held by irrigation activities and overwatering, as part of inefficient irrigation methods, this significantly contributes to water wastage. Growing Need To Reduce Water Wastage The rising scarcity of water is affecting the agricultural and industrial application s and human health. According to the World Health Organization, approximately 0 .8 billion people in the world lack even a basic drinking-water service which includes 0.16 billion people who are dependent on