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Precision Farming Market Skyrockets to $26.44 Billion by 2031 Dominated by Tech Giants – AgJunction LLC, Ag Leader Technology and CropX Inc. | The Insight Partners

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The global precision farming market is set for explosive growth, with projections indicating a surge to $26.44 billion by 2031. This remarkable expansion, driven by technological development in the agricultural sector.

NEW YORK, Nov. 27, 2024 /PRNewswire/ — According to a new comprehensive report from The Insight Partners, the global precision farming market is observing significant growth owing to the increasing adoption of smartphones with the ease of internet facilities. Moreover, the increasing reliance on smartphones for advanced development in the agricultural sector is driving the precision farming market.

For Detailed Market Insights, Visit: https://www.theinsightpartners.com/reports/precision-farming-market

The report runs an in-depth analysis of market trends, key players, and future opportunities. Increasing dependency on low power wide area (LPWA), Wi-Fi services, and wireless sensor technologies for enhancing agricultural output is boosting the market growth.

Market Overview and Growth Trajectory:

Precision Farming Market Growth: According to an exhaustive report by The Insight Partners, the Precision Farming Market is experiencing significant growth, driven by growing demand for agricultural robots. The market, valued at $9.87 billion in 2023, is expected to grow at a Compound Annual Growth Rate (CAGR) of 13.1% during 2023–2031.

For More Information and To Stay Updated on The Latest Developments in The Precision Farming Market, Download The Sample Pages: https://www.theinsightpartners.com/sample/TIPRE00010125/

Precision farming assists in decreasing the overall usage of pesticides, water, fertilizers, and herbicides. Besides this, it helps improve the productivity, profitability, quality, and sustainability of the yields. As it lessens labor inputs and production costs, the demand for precision farming is rising globally, fueling the precision farming market growth.

Technological Innovations: The growing adoption of smartphones, along with the easy accessibility of internet services across the globe, represents one of the major factors supporting the precision farming growth of the market. Also, the increasing dependency on low power wide area (LPWA), Wi-Fi services, and wireless sensor technologies for enhancing agricultural output is boosting the market growth. Moreover, the growing integration of the Internet of Things (IoT) in precision farming for increasing yield and evading the adverse effects of climate change is propelling the market’s growth. Further, introducing numerous systems and devices, such as sensing and monitoring devices, farm management systems, and control and automation systems in precision farming, contributes to the growth of the market.

Supportive Government Initiatives: Government authorities in numerous countries are announcing several supportive initiatives that offer a promising market outlook. Besides, the increasing demand for precision farming, which assists in increasing productivity while reducing costs, is supplementing the precision farming market growth. For instance, the Government of India announced the establishment of 22 Precision Farming Development Centres (PFDCs) across the country to develop and disseminate regionally differentiated precision farming technologies such as hi-tech agriculture and micro irrigation.

Stay Updated on The Latest Precision Farming Market Trends: https://www.theinsightpartners.com/sample/TIPRE00010125/

Geographical Insights: In 2023, North America led the market with a substantial revenue share, followed by Europe and Asia Pacific. Asia Pacific is expected to register the highest CAGR during the forecast period.

Precision Farming Market Segmentation, Applications, Geographical Insights:

Based on offering, the market is segmented into hardware, software, and services. The hardware segment held the largest market share in 2023.Based on application, the market is divided into yield monitoring, crop scouting, field mapping, inventory management, weather tracking and forecasting, and and others. The yield monitoring segment held the largest share of the market in 2023.The precision farming market is segmented into five major regions: North America, Europe, APAC, Middle East and Africa, and South and Central America.

Purchase Premium Copy of Global Precision Farming Market Size and Growth Report (2023-2031) at: https://www.theinsightpartners.com/buy/TIPRE00010125/

Key Players and Competitive Landscape:

The Precision Farming Market is characterized by the presence of several major players, including:

AgJunction LLCAg Leader TechnologyCropX Inc.AGCO CorporationTrimble Inc.Deere and CompanyCNH Industrial N.V.TopconDICKEY-johnTeeJet Technologies

These companies are adopting strategies such as new product launches, joint ventures, and geographical expansion to maintain their competitive edge in the market.

Precision Farming Market Recent Developments and Innovations:

“CropX Technologies, a leader in digital farm management, and WiseConn, a pioneer in precision drip irrigation solutions, unveiled a groundbreaking API integration. This partnership is set to redefine the landscape of precision irrigation by enabling seamless data exchange and analytics enhancements for farmers globally.””Topcon Agriculture showcased its latest innovations at Agritechnica 2023, the world’s foremost trade fair for agricultural machinery. The event, scheduled from November 12-18, will witness Topcon’s commitment to expanding precision technology for a growing range of market segments and applications.””Trimble, Inc. announced a strategic partnership with CLAAS KGaA mbH, an agricultural engineering equipment manufacturer. The partnership intended to develop a precision farming system: CLAAS CEMIS 1200, SAT 900 GNSS receiver, and GPS PILOT steering system.”

For Region-Specific Market Data, Check Out Brief Sample Pages: https://www.theinsightpartners.com/sample/TIPRE00010125/

Conclusion:

The yield monitoring segment accounted for the principal revenue share of the precision farming market. It is expected to continue its dominance over the forecast period as it supports farmers’ decisions about their fields. On-farm yield monitoring allows farmers to get real-time information during harvest and generate a historical spatial database. This segment is anticipated to account for the largest share of the market as it offers equitable landlord negotiations, environmental compliance documentation, and track records for food safety. The weather forecasting and tracking segment is expected to increase at a significant CAGR during 2023-2031. The use of sensors helps weather predictors offer precise weather forecasting and reading. Furthermore, the introduction of advanced data analytics services and machine learning (ML) techniques is also expected to increase the accuracy and reliability of weather forecasts, thus propelling the growth of the precision farming market during the forecast period.

Need A Diverse Region or Sector? Customize Research to Suit Your Requirement: https://www.theinsightpartners.com/inquiry/TIPRE00010125/

With projected growth to $26.44 Billion by 2031, the Precision Farming Market represents a significant opportunity for solution providers, system technology integrators, investors, industry stakeholders, end users and others. By staying abreast of market trends, embracing innovation, and focusing on quality and performance, companies can position themselves for success in this dynamic and evolving market landscape.

Related Report Titles:

Smart Agriculture Market Growth, Size, Share, Trends, Key Players Analysis, and Forecast till 2031Precision Farming Software Market Size and Forecasts (2021 – 2031)Yield Monitoring Devices Market Size and Forecasts (2021 – 2031)Digital Farming Market Size and Forecasts (2021 – 2031)

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Ankit Mathur
E-mail: ankit.mathur@theinsightpartners.com 
Phone: +1-646-491-9876
Press Release: https://www.theinsightpartners.com/pr/precision-farming-market

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Technology

Saving Southeast Asian vegetable biodiversity

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Assessing trends, current status, and building an inclusive roadmap for future conservation and use

3-4 December 2024
World Vegetable Center headquarters, Shanhua, Taiwan

TAIPEI, Dec. 3, 2024 /PRNewswire/ — Vegetables are hugely important for human nutrition, and for diverse and resilient farming systems that generate income for smallholder producers, processors and traders. But, due to changes in the climate, diets and land use, we see a loss in crop diversity, wild species and varieties that could hold valuable genetic material for breeding more tolerant and productive crops in the future. So, we urgently need to conserve and use more vegetable biodiversity, and this symposium is major step in that direction. The event will be attended by 35 professionals from 11 countries across Southeast Asia. 

This important international symposium comes at the end of the first phase of the Taiwan Asia Vegetable Initiative – ‘the TAsVI project’ – that is strengthening international collaboration for conserving more vegetable biodiversity in Asia, and promoting the use of vegetable germplasm in research, breeding and farming for improved health, nutrition and climate resilience. The World Vegetable Center leads implementation, with partners in Malaysia, the Philippines, Taiwan, Thailand and Vietnam.

It begins on Tuesday 3 December with introductions, including The WorldVeg Director General and representations from the Taiwan Ministry of Foreign Affairs, and other organizations. This will be followed by keynote presentations by leading WorldVeg scientists, and regional perspectives from many ASEAN countries. The second day will focus on building regional consensus on the development of the Southeast Asian Vegetable Biodiversity Rescue Plan, to benefit all countries.

A key component of the Taiwan Asia Vegetable Initiative has been the repatriation back to their respective home countries of more than 3,000 vegetable seed accessions stored at the WorldVeg genebank in Taiwan, that were collected across these countries 20-30 years ago. ‘Seed homecoming ceremonies’, celebrating the return of these seeds to respective national authorities, have been held in Thailand, the Philippines and Vietnam in late 2024, alongside national workshops to promote the use of the accessions being sent ‘back home’, by connecting national genebanks with universities, government organizations, seed companies and farmer organizations. This aim is to expand such activities across the wider Southeast Asia region.

For media, contact – sara.chen@worldveg.org and angel.jeng@worldveg.org
For technical information, contact – maarten.vanzonneveld@worldveg.org

Acknowledgements
This symposium is part of the Taiwan Asia Vegetable Initiative (TAsVI), funded by the Taiwan Ministry of Foreign Affairs (2022-2024). It is implemented by the World Vegetable Center, in partnership with the Taiwan Agricultural Research Institute (TARI) National Plant Genetic Resources Center; Malaysia Agriculture Research and Development Institute (MARDI) Horticulture Research Centre; University of the Philippines Los Baños (UPLB) Institute of Plant Breeding, and Bureau of Plant Industries (BPI), the Philippines; Kasetsart University Tropical Vegetable Research Center (TVRC), and Department of Agriculture Horticulture Research Institute national genebank, Thailand; and Fruit and Vegetable Research Institute (FAVRI), and Vietnam Academy of Agricultural Sciences (VAAS) Plant Resource Center (PRC), Vietnam.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/saving-southeast-asian-vegetable-biodiversity-302320511.html

SOURCE Taiwan Asia Vegetable Initiative

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IEI Unveils HTB-230D-R680E Medical AI Computer: Transforming Medical Imaging with AI-Powered Precision

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TAIPEI, Dec. 3, 2024 /PRNewswire/ — IEI Integration Corp. (TAIEX:3022) proudly announces the launch of the HTB-230D-R680E Medical AI Computer, a cutting-edge solution designed to revolutionize medical imaging diagnostics.

As the demand for precise and rapid medical imaging grows, healthcare professionals require tools that deliver both accuracy and efficiency. The HTB-230D-R680E meets this need with advanced AI computing capabilities and an intuitive 10.1″ PCAP touchscreen, significantly reducing diagnostic time while enhancing precision. The HTB-230D-R680E is ideal for surgical recording, medical diagnostic assistance, and AI Inference in Medical Imaging.

Advanced Computing Power for Medical Diagnostics

Powered by 13th Gen Intel® Core™ i9/i7/i5 processors and up to 128GB DDR5 memory, the HTB-230D-R680E supports NVIDIA Quadro RTX Ampere GPUs, delivering exceptional AI computing power. Healthcare professionals efficiently process imaging data, detecting subtle abnormalities often missed, enabling faster and more accurate diagnoses.

Medical-Grade Scalability and Reliability 

The HTB-230D-R680E is designed to adapt to diverse medical applications. It supports one PCIe x16 and two x4 expansion slots, allowing for the seamless integration of GPUs, video capture cards, and interface cards.

To meet rigorous demands in healthcare environments, it incorporates a 700W ATX medical-grade power supply and a sophisticated three-zone airflow system, ensuring stable operation under heavy workloads.

Interactive 10.1″ PCAP Touchscreen for Intuitive Diagnostics

Integrated with a 10.1″ 1920×1200 LCD featuring 10-point touch capability, this interactive display delivers real-time visualization and intuitive operation with multi-layer gloves, simplifying workflows and improving efficiency for healthcare professionals.

“The HTB-230D-R680E redefines efficiency and precision in medical imaging. By leveraging advanced AI capabilities powered by its robust CPU and GPU integration, it accelerates image recognition and pathological analysis, ensuring faster, more accurate for diagnostic assistance,” said David Hung, Product Manager at IEI.

Discover how HTB-230D-R680E transforms medical imaging. Visit https://www.ieiworld.com/en/product/model.php?II=1055

About IEI:

IEI Integration Corp. is one of the world’s leading providers of industrial computing and AIoT solutions. Committed to delivering innovative technologies in industrial computers, medical IT, and network communications, it paves the way for a smarter, more connected future across diverse industries. (www.ieiworld.com)

Video – https://www.youtube.com/watch?v=Bhr4gV4HzLs
Photo – https://mma.prnewswire.com/media/2568260/image_5025592_8953033.jpg

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From a Hacker News Post to $1.5M Funding: Recall is on a mission to bring order to content chaos

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A post on Hacker News led to Recall securing a $1.5M funding round, led by renowned VC Jason Calacanis. Now, Recall is transforming how individuals and businesses consume, organize, and review their knowledge.

AMSTERDAM, Dec. 3, 2024 /PRNewswire/ — Recall (getrecall.ai), helps users summarize, organize, and revisit information. Unlike most AI tools that prioritize efficiency, Recall enhances learning through scientific techniques like active recall and spaced repetition. The journey began with a Hacker News post that attracted its first investment from Splash Capital within just 8 hours. Today, Recall has secured $1.5 million in pre-seed funding led by Jason Calacanis, with participation from Blockchain Founders Capital and Rocket Capital. This will fuel Recall’s mission to bring order to content chaos, transforming how individuals and businesses consume, organize, and retain knowledge.

The Story Behind Recall

South African CEO, Paul Richards, brings a decade of expertise in knowledge graphs in the cybersecurity industry, as one of the first employees at Maltego, seeing it through to exit. Recall was born from frustration with existing tools that required excessive manual effort but failed to connect and resurface knowledge effectively.

He envisioned a self-organizing knowledge graph that would dynamically connect his notes and resurface past content whenever new, related information emerged. So, he built Recall as a side project, but after a year of trying, he failed to gain any traction. The post on Hacker News was Paul’s last resort, and it turned out to be a lifesaver. That first check changed everything. He quit his job, went all in, and brought on CTO Igor Gligorević, a true 10x developer from Novi Sad, to accelerate development.

After a few successful Product Hunt launches, including getting #1 Product of the Month in June, the team got into Jason Calacanis’ accelerator programme. They were voted top startup in their cohort which then led to Jason leading their pre-seed round.

 “Our vision is to redefine knowledge management as ‘intelligence management,’ where content consumption is intentional and insightful,” said Recall’s COO, Sankari, who brings over 10 years of startup experience (7 years at Uber and 3 at CloudKitchens).

How Recall works

The web & mobile app organizes information into a personalized knowledge graph, automatically tagging and connecting content based on key entities. There are four main features:

Summarize – Recall summarizes online content from articles, PDFs, and YouTube videos up to 10 hours long.Categorize – Automatically categorize content using topic-based tags that adapt to the user’s existing taxonomy.Connect – Content is stored in a knowledge graph, revealing hidden connections and unlocking new insights.Review – Recall reinforces memory with a spaced repetition quiz, helping users retain content over time.

Product Hunt Launch

Get ready for an exciting new chapter in Recall’s journey! Soon bringing even more utility and powerful insights to its platform. Don’t miss out—follow the Recall team on Product Hunt to be the first to explore the new features.

Recall 

Recall is an AI powered personal encyclopedia that enables order amidst the chaos by summarizing, categorizing, and connecting content in a knowledge graph. It is a Delaware C corp, founded in 2022 in Amsterdam, by Paul Richards, a South African fullstack developer with a deep expertise in knowledge graphs in the cyber security industry. Founders: CTO: Igor Gligorevic (Serbian | FS Dev | EPAM) &  COO: Sankari Nair (South African | 7 years ex-Uber ).

For more information, visit www.getrecall.ai or contact us at support@getrecall.ai.

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