The rise and rise of smart-irrigation companies
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The global-smart irrigation market is expected to grow at a compound annual rate of 15,2% from 2021 to 2030, according to Quince Market Insights. And remarkably, this is off an already a huge base: the market reached an estimated value of US$1,15 trillion (about R17,5 trillion) in 2021.
In its January 2022 global report, Quince Market Insights explains that the smart-irrigation market is being driven by efforts to promote water conservation; the expansion of smart cities; the demand for efficient irrigation systems; and the falling cost of sensors and controllers. Smart-irrigation systems are data-driven, and are thus more efficient than conventional irrigation systems; sensors monitor water saturation of the
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