IoT for Fisheries and Aquaculture Market Trends Highlight Increased Demand for Monitoring and Surveillance Solutions Globally

InsightAce Analytic Pvt. Ltd. announces the release of a market assessment report on the "Global IoT for Fisheries and Aquaculture Market- by Application (Feed Optimization, Monitoring and Surveillance, Yield Analysis and Measurement, and Other Applications), System Type (Smart Feeding Systems, Precision-fishing techniques, Smart Buoy technology, Metocean Data Collection, Monitoring and Control Systems, Underwater ROV Systems, and Other System Type), Farm Type (Open Aquaculture Farms and RAS Farms), Trends, Industry Competition Analysis, Revenue and Forecast To 2034."

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According to the latest research by InsightAce Analytic, the global IoT for Fisheries and Aquaculture market is valued at 358.87 Million in 2024, and it is expected to reach US$ 1258.99 Million by the year 2034, with a CAGR of 13.5% during a forecast period of 2025-2034.

The Internet of Things (IoT) has demonstrated substantial potential across various industries in recent years, including the fisheries and aquaculture sector. IoT-enabled devices are increasingly being utilized to monitor essential aquaculture parameters, thereby supporting the efficient management of fish farms. These systems are equipped with sensors that measure critical water quality indicators such as temperature, pH levels, dissolved oxygen, and ammonia concentration-factors vital to maintaining optimal conditions for fish health and growth.

The market for IoT in fisheries and aquaculture is projected to experience significant growth, driven by the expansion of aquaculture operations, increased investment in research and development, ongoing product innovation, and the rapid adoption of advanced technologies. The rising global demand for protein-rich aquatic foods further supports market expansion. Key contributing factors include the widespread implementation of recirculating aquaculture systems (RAS), the growing deployment of aquaculture equipment across global fish farms, and the accelerated use of underwater remotely operated vehicles (ROVs), particularly in emerging markets.

Additionally, companies are prioritizing the development of cloud-based analytical platforms that integrate artificial intelligence and collect data from satellites and smart sensors to enhance operational efficiency and promote environmentally sustainable aquaculture practices. The increasing adoption of aquaculture as a viable food production method is expected to drive continued demand for IoT solutions in the industry.

However, the market faces several challenges that could hinder its growth. These include the complexity of IoT system integration, high costs associated with continuous monitoring, a shortage of skilled personnel, significant capital investment requirements, and limited familiarity among farmers with advanced digital technologies. Overcoming these barriers will be essential to fully realizing the benefits of IoT in fisheries and aquaculture.

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The Asia Pacific is anticipated to be the major contributor to the IoT for the Fisheries and Aquaculture market over the forecast years because the aquaculture business is expanding and advanced technology is being adopted quickly. The leading nations in this region are China, India, Indonesia, and Japan. The increasing usage of aquaculture equipment in fish farms worldwide, the popularity of aquaculture farming employing recirculating aquaculture systems (RAS), and the rapid use of underwater ROVs in developing countries are the primary drivers of market expansion. In addition, the North America IoT for Fisheries and Aquaculture market is expected to grow significantly during the forecast period. The increasing number of aquaculture farms increased R&D spending, and extensive product innovation may boost the expansion of the IoT for the Fisheries and Aquaculture market in this region.

Major market players operating in the IoT for Fisheries and Aquaculture market include Lifegard Aquatics (US), Bluegrove (Norway), Imenco AS (Norway), In-Situ (US), Signify (Netherlands), Jala Tech (Indonesia), Maritech Systems (Norway), Aquaconnect (India), AquaMaof (Israel), Planet Lighting (Australia), MonitorFish (Germany), Observe Technologies (UK), AKVA group (Norway), InnovaSea Systems (US), Steinsvik (ScaleAQ) (Norway), Deep Trekker (Canada), Aquabyte (US), OxyGaurd (Denmark), Eruvaka Technologies (India), Akuakare (Turkey), CPI Equipment (Canada), Omso Systems (US), Optimar AS (Norway), Sensorex (Norway), BlueTraker, Scatri, ORBCOMM, NEC Global, Libelium, KDDI Corporation, HydroNeo, eFishery, Marine Instruments, Blue Ocean Gear, GO Smart, Satlink, BOC MetOcean, DHI Group, and Other Prominent Players.

Recent collaborations and agreements in the market:
• In April 2022, Halma, a multinational coalition of life-saving technology companies, purchased Deep Trekker Inc. Deep Trekker will continue to operate as a distinct entity under Halma's leadership and will be integrated into the Environmental & Analysis sector.
• In June 2022, In order to deploy an artificial intelligence (A.I.) solution powered by the internet of things (IoT) water quality sensors, fisheries and AquaEasy inked a distribution cooperation agreement. This multimillion-dollar partnership intends to boost the production, profitability, and long-term viability of Indonesia's shrimp farming industry.

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Market Segments
Global IoT for Fisheries and Aquaculture Market, by Application, 2022-2030 (Value US$ Mn)
• Feed Optimization
• Monitoring and Surveillance
• Yield Analysis and Measurement
• Others
Global IoT for Fisheries and Aquaculture Market, by System Type, 2022-2030 (Value US$ Mn)
• Smart Feeding Systems
• Precision-fishing technique
• Monitoring and Control Systems
• Smart Buoy technology
• Metocean Data Collection
• Underwater ROV Systems
• Other System Type
Global IoT for Fisheries and Aquaculture Market, by Farm Type, 2022-2030 (Value US$ Mn)
• Open Aquaculture Farms
• RAS Farms
Global IoT for Fisheries and Aquaculture Market, by Region, 2022-2030 (Value US$ Mn)
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa
North America IoT for Fisheries and Aquaculture Market, by Country, 2022-2030 (Value US$ Mn)
• U.S.
• Canada
Europe IoT for Fisheries and Aquaculture Market, by Country, 2022-2030 (Value US$ Mn)
• Germany
• France
• Italy
• Spain
• Russia
• Rest of Europe
Asia Pacific IoT for Fisheries and Aquaculture Market, by Country, 2022-2030 (Value US$ Mn)
• India
• China
• Japan
• South Korea
• Australia & New Zealand
Latin America IoT for Fisheries and Aquaculture Market, by Country, 2022-2030 (Value US$ Mn)
• Brazil
• Mexico
• Rest of Latin America
Middle East & Africa IoT for Fisheries and Aquaculture Market, by Country, 2022-2030 (Value US$ Mn)
• GCC Countries
• South Africa
• Rest of Middle East & Africa

Why should buy this report:
 To receive a comprehensive analysis of the prospects for the global IoT for Fisheries and Aquaculture market
 To receive an industry overview and future trends of the IoT for Fisheries and Aquaculture market
 To analyze the IoT for Fisheries and Aquaculture market drivers and challenges
 To get information on the IoT for Fisheries and Aquaculture market value (US$Mn) forecast to 2030
 Significant investments, mergers & acquisitions in the IoT for Fisheries and Aquaculture market industry

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