GlobalData's latest report, "Tech in 2030 - Thematic Research", predicts that the farms of 2030 will become "smart", driven by the need to produce more food on less land. To maximize yield, farms will need to collect and monitor enormous amounts of data from their crops and livestock.
For example, to grow wheat in a field effectively, the growth rate, nutritional content, fluid intake and soil quality must be recorded, collected through numerous sensors. This data will be fed by agricultural technology platforms, which combine the internet of things (IoT) and automation.
Rachel Foster Jones at GlobalData comments: "Several issues are currently putting pressure on agriculture: climate change is threatening capacity, population growth is accelerating, the amount of available land is reducing and labor shortages are worsening. Agricultural technology promises a much-needed solution.”
The GlobalData report highlights that we are already seeing growth in agricultural technology. Hiring for smart greenhouse-related roles has more than tripled as of 2021.
"Investment in smart greenhouses will only increase as the challenges facing the agricultural sector require more automation. As automation increases, farmers will increasingly hire for their technical expertise and data processing skills, as well as their knowledge about the agricultural process. Young farmers must start training now to give themselves an edge," adds Foster Jones.
The GlobalData report also reveals that the agricultural drone industry is the fastest growing among non-military segments in terms of the number of patents. The number of these patents increased 14 times between 2015 and 2021.
"Currently, drones conduct imaging and monitoring tasks for farms. However, there is rapid innovation in this area. Modular-based innovation will mean that drones will be able to perform advanced crop spraying and terrain monitoring by 2030 The labor crisis and skills shortage will drive demand for agricultural drones as they will be able to carry out time-consuming tasks," says Rachel Foster Jones.
The report can be purchased from this link.
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