Agriculture: A cash cow for Wi-Fi-based IoT? | Wi-Fi NOW Events
Countries all over the world are under pressure to ramp up farming: According to the Food and Agriculture Organization of the United Nations (FAO), food production must increase by 70 percent to meet the demands of a global population that is likely to reach 9.8 billion by 2050.
This demand has in turn created a push towards what the World Bank calls “Agriculture 2.0,” an agricultural technology revolution aimed at using IoT and data analytics to render crop production more precise and reliable.
Much like the manufacturing industry’s Industry 4.0, the agriculture industry is increasingly adopting IoT technology for smarter farming. According to a report from Business Insider, IoT device installations in the agriculture world are expected to increase from 30 million in 2015 to 75 million in 2020. And Wi-Fi could be exactly the right technology to make agricultural IoT happen.