Livestock monitoring enables farmers to keep an eye on their animals’ movements, location and behavior. It helps them prevent disease outbreaks, optimize grazing patterns and manage the use of feed resources and water. It also helps them improve the quality of milk and beef products. Livestock monitoring solutions include a variety of hardware, software and other tools used to track the behavior and location of livestock such as sensors and cameras, gating systems and RFID tags. They can be integrated into the control system of a dairy barn or other facilities and can work on LPWAN protocols, making them suitable for use in remote areas where mobile networks are unavailable. They can also provide a web application or IoT dashboard for real-time access to data.
Market Dynamics:
Increasing concern of profit among farmers, rise in livestock population and technological advancements are expected to drive growth of the global livestock monitoring market over the forecast period. Rising incidences of zoonotic diseases among livestock is also driving the demand for livestock monitoring systems.
However, the adoption of this technology is limited by high initial capital investment and lack of awareness regarding benefits of livestock monitoring. This is further likely to obstruct growth of the global livestock monitoring market over the forecast period.
Key features of the study:
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