Global IoT Market in Livestock Management 2017-2021

Global IoT Market in Livestock Management 2017-2021

About IoT in Livestock Management

Internet of things (IoT) refers to automated networks of computers, devices, and sensors that can process their own data instead of depending solely on input. These Internet-connected systems gather data of livestock and communicate with external processes via onboard sensors, impacting businesses in just about every industry, including livestock management. The market includes hardware, software, and services involved in IoT for livestock management.

Technavio’s analysts forecast the global IoT market in livestock management to grow at a CAGR of 12.14% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global IoT market in livestock management for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global IoT Market in Livestock Management 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cisco Systems
  • IBM
  • KaaIoT Technologies
  • Oracle
  • Trimble
Other prominent vendors
  • Afimilk
  • Allflex
  • BouMatic
  • CEMA
  • eCow Devon
  • GEA Group
  • IceRobotics
  • Libelium
  • Link Labs
  • Medria
  • Nokia Solutions and Networks
  • OnFarm
  • ROXAN
  • SenseGrow
  • Softweb Solutions
  • Stellapps
  • Sum-It Computer Systems
  • Valley Agricultural Software
Market driver
  • Decline in the price of sensors
  • For a full, detailed list, view our report
Market challenge
  • High capital expenditure for IoT integration in livestock management
  • For a full, detailed list, view our report
Market trend
  • Big data in livestock management
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global IoT Market in Livestock Management 2017-2021

Technavio recognizes the following companies as the key players in the global IoT market in livestock management: Cisco Systems, IBM, KaaIoT Technologies, Oracle, and Trimble.

Other Prominent Vendors in the market are: Afimilk, Allflex, BouMatic, CEMA, eCow Devon, GEA Group, IceRobotics, Libelium, Link Labs, Medria, Nokia Solutions and Networks, OnFarm, ROXAN, SenseGrow, Softweb Solutions, Stellapps, Sum-It Computer Systems, and Valley Agricultural Software.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is big data in livestock management. Big data is gaining growth momentum in livestock management. Improvement in wireless in-field communication, functional safety, and repair and maintenance information to realize unified interfaces provides opportunities for the adoption of big data in livestock management.”

According to the report, one driver in the market is decline in the price of sensors. The increase in the adoption of sensors in the market is mainly driven by the reduction in costs. The installation takes less time and costs less, owing to technical advances and easy assembling options provided by sensor manufactures. The cost of sensors is continuously reducing, which indicates the increase in competition among hardware providers. The competition prevailing among major manufacturers of sensors and service providers of IoT products is increasing, which will lead to an increase in market revenue.

Further, the report states that one challenge in the market is high capital expenditure for IoT integration in livestock management. The global IoT market in livestock management is growing with the development of smart hardware products and software solutions. Initial capital and other service costs that involve installation and maintenance of hardware and software are comparatively expensive, and lead to slow growth in the adoption of IoT in livestock management. IoT integration also requires a high initial one-time payment during installation. The implementation of IoT systems and the cost of services is greater than the costs saved by using the technology.

Companies Mentioned

Cisco Systems, IBM, KaaIoT Technologies, Oracle, Trimble, Afimilk, Allflex, BouMatic, CEMA, eCow Devon, GEA Group, IceRobotics, Libelium, Link Labs, Medria, Nokia Solutions and Networks, OnFarm, ROXAN, SenseGrow, Softweb Solutions, Stellapps, Sum-It Computer Systems, and Valley Agricultural Software.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Market landscape
    • Market size and forecast
      • Table Global IoT market in livestock management 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market overview
      • Table Application segmentation of the global IoT market in livestock management in 2016 (% share)
      • Table Application segmentation of global IoT market in livestock management in 2021 (% share)
      • Table Application segmentation of global IoT market in livestock management in 2021 (% share)
    • Global IoT market in livestock management by milk harvesting
      • Table Global IoT market in livestock management by milk harvesting 2016-2021 ($ millions)
    • Global IoT market in livestock management by health and wellness
      • Table Global IoT market in livestock management by health and wellness 2016-2021 ($ millions)
    • Global IoT market in livestock management by feeding
      • Table Global IoT market in livestock management by feeding 2016-2021 ($ millions)
    • Global IoT market in livestock management by breeding
      • Table Global IoT market in livestock management by breeding 2016-2021 ($ millions)
    • Global IoT market in livestock management by other applications
      • Table Global IoT market in livestock management by other applications 2016-2021 ($ millions)
  • Market segmentation by product
    • Market overview
      • Table Product segmentation of the global IoT market in livestock management 2016 (% share)
      • Table Product segmentation of the global IoT market in livestock management 2021 (% share)
      • Table Product segmentation of the global IoT market in livestock management 2016-2021 (% share)
    • Global IoT market in livestock management by hardware products
      • Table Global IoT market in livestock management by hardware products 2016-2021 ($ millions)
    • Global IoT market in livestock management by software products
      • Table Global IoT market in livestock management by software products 2016-2021 ($ millions)
    • Global IoT market in livestock management by services
      • Table Global IoT market in livestock management by services 2016-2021 ($ millions)
  • Regional landscape
    • Geographical segmentation
      • Table Geographical segmentation of global IoT market in livestock management - Market size and forecast 2016-2021
    • Regional comparison
      • Table Regional comparison
    • EMEA - Market size and forecast
      • Table EMEA - Market size and forecast 2016-2021 ($ millions)
      • Table EMEA - Year-over-year growth 2017-2021
      • Table Top 3 countries in EMEA
    • Americas - Market size and forecast
      • Table Americas - Market size and forecast 2016-2021 ($ millions)
      • Table Americas - Year-over-year growth 2017-2021
      • Table Top 3 countries in Americas
    • APAC - Market size and forecast
      • Table APAC - Market size and forecast 2016-2021 ($ millions)
      • Table APAC - Year-over-year growth 2017-2021
      • Table Top 3 countries in APAC
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Big data in livestock management
    • Predictive analytics for livestock management
      • Table Benefits of predictive analytics in livestock management
    • Growing adoption of wearable devices in developing economies
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Cisco Systems
      • Table Cisco Systems: Business segments
      • Table Cisco Systems: Products and Services portfolio
    • IBM
      • Table IBM: Product segments
      • Table IBM: Product portfolio
    • KaaIoT Technologies
      • Table KaaIoT Technologies: Industry segments
      • Table KaaIoT Technologies: Solutions
    • Oracle
      • Table Oracle: Product segments
      • Table Oracle: Product portfolio
    • Trimble
      • Table Trimble: Product segments for agriculture industry
      • Table Trimble: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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