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Smart agriculture and livestock: A blue ocean with less than 20% digital transformation... "Chinese equipment companies are growing at a rapid pace," caution is warranted.
Published2024.06.24 11:37According to market research firm Markets and Markets, the global farm management software market is projected to grow at an 11% compound annual growth rate, expanding from $3.4 billion in 2024 (approximately 4.7 trillion Korean won) to $5.8 billion in 2029 (approximately 8 trillion Korean won).
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Edge AI (2) - AI in agriculture, adoption of AI for harvest automation and quality inspection vision ↑
The market in the agtech (agriculture and advanced technology convergence) sector is growing. As the artificial intelligence trend sweeps through the agricultural industry, AI technology is being applied to various agricultural applications including △monitoring △quality and defect inspection △automated harvesting △smart farming and more.
2023.05.22by 명세환 기자
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Edge AI (3) - Active introduction of vision recognition in agricultural industry, spurring the entry of cutting-edge 'farm robots'
최근 진행된 2023 농식품 테크 스타트업 창업 박람회에서 인공지능 기술을 활용한 비전 인식 첨단 농기계들이 다수 선보였다. △생육 모니터링 △병해충 감시 △자동 수확 등 농업 현장을 지원하는 다양한 애플리케이션들이 비전 인식 기반으로 개발돼 시장 진입을 준비하고 있었다. 인공지능 기반인 점은 공통점이었지만 각 기업 별로 이를 활용해 제품화하는 방향과 집중하는 포인트는 조금씩 달라보였다.
2023.07.31by 명세환 기자
Smart Farms Rising as New Export Industry
According to the Ministry of Agriculture, Food and Rural Affairs, smart farms recorded export and order figures of $296 million (approximately 269 billion won in Korean currency) in 2023, representing more than double growth compared to the previous year, and are emerging as a new export industry. Recently, approximately 160 companies in the smart farm sector were brought together to drive substantial results in 2024.
2024.01.17by 권신혁 기자
China's semiconductor boom continues... Self-sufficiency lies in 'money flow'
When authenticity is in doubt, one should look at where the money is being spent. This is a phrase commonly used in political circles, and among the indicators that drive a nation's direction and policy orientation, the flow of "money" is arguably the clearest and most authentic indicator. It has been nearly 10 years since China declared its semiconductor rise. After declaring the semiconductor rise in 2015 and setting a target of 70% self-sufficiency, industry insiders currently assess that China's semiconductor self-sufficiency rate remains essentially stagnant. If one asks whether China's semiconductor rise has failed, it can be said that China's semiconductor rise continues to add fuel to the fire and heat up the industry. China's sincerity and authenticity in pursuing semiconductor localization are evident in the money.
2024.04.22by 권신혁 기자
Adoption of IoT and AI in agriculture and livestock is on the rise...Expanding the ecosystem through collaboration between startups and large companies
According to global market research firm MarketsandMarkets, the worldwide smart agriculture market is projected to grow at an annual rate of 9.4%, reaching approximately 34 trillion won (KRW) by 2028. Following this paradigm shift toward smart agriculture, domestic IT companies are actively developing agricultural industry technologies.
2024.05.16by 권신혁 기자
