Latest Market Research Report 2025

  The global  livestock monitoring market  size is expected to reach USD 8.53 billion by 2030, according to a new report by Grand View Research, Inc. It is expected to expand at a CAGR of 11.56% from 2024 to 2030. The market growth can be attributed to the increased focus on livestock monitoring, along with disease detection. Furthermore, the prevalence of zoonotic diseases among livestock, rising adoption of IoT and AI by dairy farmers, increasing number of dairy farms, and significant cost-saving due to livestock monitoring management are some of the major drivers of the market.   Extensive animal-derived food production and an increase in the investments in R&D and animal health management in developed economies have led to higher productivity. Encouragement from government animal welfare organizations is also boosting the market growth. Further, government funding and reforms are expected to propel market growth shortly. In addition, incre...

  The global livestock monitoring market was valued at USD 4.01 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 11.56% from 2024 to 2030. Several factors are expected to drive this growth, including technological innovations, increasing support from government and industry initiatives, heightened focus on preventive livestock health management, and rising global consumption of dairy and meat products. Key Drivers of Market Growth Technological Advancements The primary driver of the livestock monitoring market is the rapid pace of technological advancement in the sector. Innovations such as hands-free monitoring systems, the integration of automated technologies, and the adoption of Artificial Intelligence (AI) are significantly enhancing the ability to monitor animal health. Technologies like drones and infrared sensors are increasingly being used to monitor livestock in real time, allowing for more accurate and timely interventions. A notable ex...

  The global livestock monitoring market was valued at approximately USD 4.01 billion in 2023, with expectations to grow at a compound annual growth rate (CAGR) of 11.56% from 2024 to 2030. Several key factors are poised to drive this market's growth, including technological advancements, increasing support initiatives, a heightened focus on preventive livestock monitoring, and rising consumption of dairy and meat products. A primary catalyst for this market is the surge in technological innovations related to livestock monitoring. These advancements manifest in various forms, including hands-free monitoring systems, automation technologies, the integration of Artificial Intelligence (AI), and the use of cutting-edge technologies such as drones. For instance, in April 2023, Advantech Co. Ltd. introduced a pioneering system that utilizes AI for early monitoring and detection of health issues in livestock. This innovative system employs AI alongside infrared vision to accurately meas...

The global livestock monitoring market was estimated at USD 4.01 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 11.56% from 2024 to 2030. Several key factors are expected to drive this market, including significant technological advancements, rising support initiatives, an increasing focus on preventive livestock monitoring, and the growing consumption of dairy and meat products. Key Drivers The primary catalyst for growth in the livestock monitoring market is the rapid advancement of technology. Innovations such as hands-free monitoring systems, automated technologies, and the integration of Artificial Intelligence (AI) are transforming the landscape of livestock management. For example, in April 2023, Advantech Co. Ltd. introduced a pioneering system that utilizes AI for the early detection and monitoring of health complications in livestock. This advanced system employs AI algorithms and infrared vision technology to accurately measure each cow...