Global Livestock Monitoring Market Size & Outlook
Global livestock monitoring market, 2018-2030 (US$M)
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Global livestock monitoring market highlights
- The global livestock monitoring market generated a revenue of USD 5,283.6 million in 2022 and is expected to reach USD 19,369.4 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 17.6% by 2030.
- In terms of segment, cattle accounted for a revenue of USD 2,418.1 million in 2022.
- Poultry is the most lucrative animal type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, Germany is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 5,283.6 million |
| Market revenue in 2030 | USD 19,369.4 million |
| Growth rate | 17.6% (CAGR from 2022 to 2030) |
| Largest segment | Cattle |
| Fastest growing segment | Poultry |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cattle, Poultry, Swine, Equine |
Other key industry trends
- In terms of revenue, the North America accounted for 31.1% of the global livestock monitoring market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Germany is the fastest growing regional market and is projected to reach USD 890.5 million by 2030.
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Livestock Monitoring Market Scope
Livestock Monitoring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global livestock monitoring market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to livestock monitoring market will help companies and investors design strategic landscapes.
Cattle was the largest segment with a revenue share of 45.77% in 2022. Horizon Databook has segmented the Global livestock monitoring market based on cattle, poultry, swine, equine covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Livestock Monitoring Animal Type Outlook (Revenue, USD Million, 2018-2030)
- Cattle
- Poultry
- Swine
- Equine
- Others
- Global Livestock Monitoring Components Outlook (Revenue, USD Million, 2018-2030)
- Hardware
- Sensors
- GPS
- Others (RFID, Smart Cameras)
- Software
- On-cloud
- On-Premise
- Services
- Integration & Deployment
- Maintanance & Support
- Others
- Hardware
- Global Livestock Monitoring Application Outlook (Revenue, USD Million, 2018-2030)
- Milk Harvesting
- Breeding Management
- Feeding Management
- Animal Health Monitoring & Comfort
- Heat stress
- Behaviour monitoring
- Others
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Target buyers of Global livestock monitoring market databook
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Our clientele includes a mix of livestock monitoring market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global livestock monitoring market , including forecasts for subscribers. This global databook contains high-level insights into Global livestock monitoring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global livestock monitoring market size, by regions, 2018-2030 (US$M)
Top 10 countries: Livestock monitoring market size, 2022 (US$M)
Global livestock monitoring market share, by animal type, 2022 & 2030 (%, US$M)
Livestock monitoring market: Opportunity assessment by country
Global livestock monitoring market, by region, 2022 (US$M)
| Animal Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,013.7 | 1,131.9 | 1,263.0 | 1,434.6 | 1,642.8 | 1,893.0 | 2,194.9 | 2,560.5 | 3,005.4 | 3,549.0 | 4,216.4 | 5,039.3 | 6,058.9 | 17.7% |
| Europe | 887.8 | 988.0 | 1,098.8 | 1,243.9 | 1,419.7 | 1,630.4 | 1,884.0 | 2,190.5 | 2,562.4 | 3,015.7 | 3,570.7 | 4,253.2 | 5,096.4 | 17.3% |
| Asia Pacific | 770.6 | 861.9 | 963.5 | 1,096.3 | 1,257.6 | 1,451.6 | 1,686.0 | 1,970.3 | 2,316.5 | 2,740.3 | 3,261.1 | 3,904.3 | 4,702.2 | 17.9% |
| Latin America | 446.3 | 499.5 | 558.6 | 635.9 | 729.9 | 843.0 | 979.6 | 1,145.3 | 1,347.3 | 1,594.5 | 1,898.6 | 2,274.1 | 2,740.3 | 18.0% |
| MEA | 151.7 | 167.3 | 184.3 | 206.7 | 233.6 | 265.6 | 303.9 | 349.8 | 405.0 | 471.7 | 552.5 | 651.1 | 771.6 | 16.1% |
| Overall | 3,270.2 | 3,648.6 | 4,068.2 | 4,617.3 | 5,283.6 | 6,083.6 | 7,048.4 | 8,216.3 | 9,636.6 | 11,371.2 | 13,499.2 | 16,121.9 | 19,369.4 | 17.6% |
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