It's not only that the CAGR is 15.5% from 2023 until 2028, some global giants are playing in this industry and it might be less of a surprise than people think. Siemens, Microsoft, Oracle, Cisco, Qualcomm, IBM, Intel, and many others are big players in the F&B industry in IoT. With Bill Gates owning millions of acres of farmland in the United States and abroad it is not surprising to see Microsoft investing heavily in the F&B industry as a whole. IoT in vertical farming is quite a thing, and agrovoltaics is developing across much of the farmland being used today. |