Availability of funding for vendors to drive growth in the market. Several vendors are investing in the development of sensing devices for farms with advanced features. Some of the efforts are supported by angel investor fundings. Technavio’s analysts have predicted that the sensing devices market for farms will register a CAGR of almost 13% by 2022.
Can you provide examples of the advanced features being developed for sensing devices for farms, and what funding sources are supporting these efforts?
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