Non-Agriculture Smart Irrigation Controller Market to Register a Healthy CAGR of 12.3% by 2025

Publisher: QYResearch
Published Date: 2019/8/9

The global market for non-agriculture smart irrigation controller is likely to witness significant growth in the coming years. Factors such as increasing need for water conservation in commercial and residential areas, rising demand for lawns and gardens, and the growing usage of new farming practices are expected to fuel the growth of the market. In addition, surging usage of internet and the smartphones and improving LTE infrastructure have a direct impact on the market as they are interlinked to cloud computing. Moreover, the internet of things (IoT) and the push towards smart homes are likely to create a positive impact on the growth of the market in the near future.

However, the high cost of installation is hampering the growth of the market over the forecast period.

The report states that the global non-agriculture smart irrigation controller market is estimated to be worth US$420 mn by 2025 from US$ 180 mn in the year 2018. The market is likely to register a robust CAGR of 12.3% over the forecast period.

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https://www.qyresearch.com/index/detail/1060366/global-non-agriculture-smart-irrigation-controller-market
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