“The agricultural sector requires heterogeneous production machinery, diverse process partners, and high operational machinery costs. Demand for food production is expected to increase by 70% by 2050”
The agriculture M2M solutions help farmers and agricultural businesses to monitor equipment, manage their livestock and crops, assess environmental impact on production and keep a track of their machinery such as tractors and harvesters. Farmers are able to take informed decisions to improve yields and increase efficiency and transparency within the agricultural value chain by employing agriculture M2M solutions. High cost of setting up and maintenance services, limited network coverage, and poor understanding of business cases restrain the agriculture machine to machine market.
However Agriculture Machine to Machine (M2M) solutions play an important role in the rapid transformation of agricultural sector towards smart farming. It is helping farmers and agriculture producers to use technologies by providing them remote connectivity between farms and information management system including monitoring, land management, food traceability and many more.
Agriculture M2M solutions create opportunity for mobile operators, as they are better positioned to contribute, influence, and benefit from the agriculture value chain. Mobile operators are also exploring different options to expand their services beyond connectivity, capture bigger share of the market, and increase sustainability of their businesses. New partnerships can help in standardization of agriculture M2M services, reduce cost of deployment and integration issues, and defragment the ecosystem. Mobile operator led investment in startups, innovation hubs, and marketing campaigns is creating awareness among various users about the benefits of M2M to their agriculture operations. This, in turn, can help them invest in and use agriculture M2M solutions.
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