Persistence Market Research’s research report titled "Smart Irrigation Controllers: Global Industry Analysis (2012-2016) and Forecast (2017-2025)" purports that this market will reach $1,800 Million by 2025 at a CAGR of 13.3% throughout the period of assessment. As per the report, emergence of the Internet of Things (IoT) and convergence of multiple functionalities will contribute to global market revenue growth.
IoT is gaining high traction across the globe as many individuals are adopting IoT devices. Individuals can monitor and control various activities remotely with the help of smartphones. Smart irrigation has been benefitted with the advent of IoT thus pushing the growth of smart irrigation controllers market at a global level. In addition, apart from sprinkling management and management of watering schedules, several players are integrating various functionalities to make smart irrigation a single point of control for the respective application area. Lighting control is another feature that is being incorporated in smart irrigation controllers. The integration of various functionalities in smart irrigation controllers is expected to create huge opportunities in the coming years.
The growth of smart cities and the need for efficient irrigation systems will also drive the market. Smart cities focus on use of smart gadgets in commercial as well as residential properties. The adoption of smart irrigation controllers is expected to increase in smart cities. Consequently, increasing growth of smart cities is expected to generate potential opportunities for players involved in smart irrigation controllers market. For more details, request a sample report.
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