Smart Agriculture Market
Report ID: SQMIG20H2055
Report ID: SQMIG20H2055
sales@skyquestt.com
USA +1 351-333-4748
Report ID:
SQMIG20H2055 |
Region:
Global |
Published Date: May, 2025
Pages:
191
|Tables:
153
|Figures:
70
Global Smart Agriculture Market size was valued at USD 14.44 Billion in 2024 and is poised to grow from USD 15.91 Billion in 2025 to USD 34.6 Billion by 2033, growing at a CAGR of 10.2% during the forecast period (2026–2033).
Smart Agriculture Market is experiencing a significant transformation driven by the increasing demand for food production, rising labor shortages, and growing investments in agri-tech innovations. According to the Food and Agriculture Organization (FAO), global food production needs to increase by nearly 70% by 2050 to meet the demands of the growing population. This mounting pressure is accelerating the adoption of smart agriculture technologies such as IoT, AI, machine learning, and robotics to optimize crop yield, livestock management, and resource utilization. Governments across the globe are introducing supportive policies and subsidies to encourage the digitization of agriculture. For instance, in 2023, the U.S. Department of Agriculture (USDA) allocated over USD 300 million towards climate-smart agriculture projects, enhancing the market's growth outlook.
Technological Integration Fuels Precision Farming
One of the key growth drivers in smart agriculture market is the integration of AI and data analytics in precision farming, enabling real-time monitoring and informed decision-making. Companies are leveraging smart sensors, drone technology, and GPS-enabled equipment to minimize input costs and increase productivity. In regions such as Europe and North America, the adoption rate is particularly high due to well-established technological infrastructure and awareness.
Challenges in Emerging Economies
However, the market still faces significant restraints, particularly in developing economies where high upfront costs, lack of digital literacy among farmers, and insufficient connectivity infrastructure act as major barriers to large-scale deployment. Addressing these challenges through public-private partnerships and targeted educational initiatives remains crucial for unlocking growth in these regions.
Sustainability and Supply Chain Optimization
The drive toward sustainable agriculture is another critical factor contributing to the market's momentum. Precision irrigation, climate-resilient farming techniques, and autonomous machinery help in reducing water usage and carbon emissions. These technologies are also improving supply chain transparency. For example, blockchain integration in agritech is being increasingly utilized to track crop origin and ensure compliance with food safety standards—aligning with growing consumer demand for traceability and sustainability.
Recent Development: Deere & Company's AI Breakthrough
A notable example illustrating the rapid evolution of this market is Deere & Company’s (John Deere) 2023 launch of its See & Spray™ Ultimate system. This AI-powered spraying technology enables precise weed detection and herbicide application, reducing chemical usage by up to 77% in early-stage crops. This development not only improves efficiency and lowers operational costs for farmers but also reinforces the growing trend toward eco-friendly and data-driven agriculture solutions. Deere’s continuous innovation demonstrates how established players are reshaping the smart agriculture landscape through scalable, tech-enabled tools.
Market snapshot - 2026-2033
Global Market Size
USD 13.1 billion
Largest Segment
Precision Farming
Fastest Growth
Precision Aquaculture
Growth Rate
10.2% CAGR
To get more insights on this market click here to Request a Free Sample Report
Smart Agriculture Market is segmented by Offering, Farm Size, Connectivity Type, Agriculture Type, Application, Others and region. Based on Offering, the market is segmented into Hardware, Software, Services and Assisted Professional Types. Based on Farm Size, the market is segmented into Large Farms, Medium Farms and Small Farms. Based on Connectivity Type, the market is segmented into Cellular IoT, LPWAN (Low-Power Wide-Area Network), Wi-Fi, Bluetooth and Satellite. Based on Agriculture Type, the market is segmented into Precision Farming, Livestock Monitoring, Precision Aquaculture, Precision Forestry, Smart Greenhouse and Others. Based on Application, the market is segmented into Precision Farming, Livestock Monitoring, Precision Aquaculture, Precision Forestry, Smart Greenhouse, and Others. Based on Others, no specific sub-segments were identified. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Precision farming holds the largest share in the smart agriculture market due to its widespread adoption across developed regions. It enables optimized field-level management using technologies like GPS-guided tractors, AI-based soil monitoring, and variable rate technology (VRT). According to the USDA 2023 report, over 60% of U.S. corn and soybean farms use yield monitors and GPS guidance. Companies like Trimble and AGCO are increasingly offering integrated solutions, while John Deere’s acquisition of SparkAI in March 2023 further enhances real-time decision-making in field operations.
Precision aquaculture is gaining rapid traction, particularly in Asia-Pacific, driven by demand for sustainable fish production. Technologies such as automated feeding systems, water quality sensors, and AI-based behavior tracking are improving productivity and reducing feed waste. For instance, eFishery, an Indonesian aquaculture tech startup, expanded its AI-based feeding solutions across Southeast Asia in December 2023, demonstrating the segment's scaling potential.
Large farms dominate the smart agriculture market due to their robust capital investment capabilities and higher operational scale. These farms can easily afford the deployment of advanced technologies such as autonomous tractors, drone surveillance, AI-enabled decision support systems, and precision irrigation. According to Deere & Company’s 2023 Annual Report, their precision agriculture solutions generated strong sales growth, primarily driven by large-scale commercial farms in North America and Brazil. Large farms are also more inclined to adopt end-to-end integrated platforms to manage vast land parcels and maximize returns on investment.
Medium-sized farms are emerging as the fastest-growing segment due to rising government subsidies and improving accessibility of mid-cost smart farming solutions. The 2023 European Commission CAP Reform allocated increased funds for digital transformation in agriculture, focusing specifically on mid-sized family farms. These farms are adopting smart irrigation systems, yield monitoring tools, and farm management software to stay competitive and enhance profitability.
To get detailed segments analysis, Request a Free Sample Report
North America leads the global smart agriculture market, backed by strong infrastructure, early technology adoption, and supportive government initiatives. The U.S. and Canada have well-established commercial farming systems and high precision farming penetration. The USDA is investing more than $3 billion in approximately 140 pilot projects through the Partnerships for Climate-Smart Commodities initiative, requiring meaningful involvement of small and underserved producers. Moreover, major agri-tech players like Deere & Company, Trimble, and AGCO are headquartered here, enabling continuous product innovation and fast deployment across large-scale farms.
The U.S. remains a global leader in adopting smart agriculture practices. In 2023, John Deere launched its Operations Center PRO, integrating AI and real-time data analytics to optimize field decisions across multiple equipment types. The USDA’s recent investment in broadband infrastructure for rural farms further boosts technology adoption. Additionally, the push toward climate-resilient agriculture and sustainability is driving adoption of precision irrigation, yield mapping, and drone technologies. Government-backed initiatives like the Climate-Smart Commodities Program ensure that even medium-scale and small-scale farmers have access to advanced tools.
Canada has made considerable advancements in precision agriculture, especially in its grain-producing regions. In 2023, the Canadian government announced CAD 330 million in funding under the Agricultural Clean Technology Program, focusing on energy-efficient farming solutions and smart irrigation systems. Additionally, precision livestock technologies are being actively deployed in Alberta and Saskatchewan, supported by partnerships like the one between TELUS Agriculture and Olds College Smart Farm. Canada’s strong digital infrastructure and favorable regulatory environment are contributing to growing adoption across medium and large farm sizes.
Asia Pacific is the fastest-growing region in the smart agriculture market, driven by the need to improve productivity, manage limited resources, and address labor shortages. The region is home to over 60% of the world’s population and faces intense pressure to enhance agricultural output. Countries like China, India, and Indonesia are actively investing in agri-tech, with support from both public and private sectors. Increased smartphone penetration, mobile-based platforms, and affordable sensor technology are accelerating digital farming adoption, especially in small and medium farms.
China is rapidly advancing in smart agriculture by integrating AI, robotics, and satellite imaging in farming operations. In 2023, Alibaba Cloud launched an updated version of its ET Agricultural Brain, providing real-time data analytics for large-scale farms across China. The Ministry of Agriculture and Rural Affairs continues to support tech-driven rural transformation under its Digital Countryside Strategy. Smart greenhouses, intelligent irrigation systems, and agri-drones are becoming common in provinces like Shandong and Guangdong, boosting crop yields and input efficiency.
India’s smart agriculture sector is evolving swiftly, driven by government schemes and growing agri-tech startups. in 2023, the Indian government expanded its Digital Agriculture Mission (2021–2025) by introducing new pilot projects that leverage artificial intelligence (AI) and blockchain technology to enhance agricultural productivity and transparency. Startups like DeHaat and CropIn are providing smallholder farmers with mobile-based solutions for crop planning, weather forecasting, and input procurement. India's agriculture sector remains a cornerstone of its economy, providing livelihoods for a significant portion of the population. According to the Economic Survey 2023-24, agriculture and allied activities support about 42.3% of the population and contribute 18.2% to the country's GDP at current prices are pivotal for transforming traditional practices.
Indonesia is emerging as a smart aquaculture hub, focusing on sustainable fish farming through digital technologies. In 2023, eFishery expanded its AI-based feeding platform to over 100,000 ponds across the archipelago, reducing feed waste by 30% and improving yields. The government’s 100 Smart Villages Program includes components for digital agriculture, promoting IoT sensors, mobile-based pest control, and precision irrigation in Java and Sumatra. Such initiatives are helping small and mid-sized farmers embrace technology despite infrastructure challenges.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Growing Global Focus on Sustainable and Precision Agriculture
Surge in IoT and AI Integration Across Agri-Value Chains
High Capital Investment and Affordability Challenges for Smallholders
Data Privacy and Connectivity Issues in Rural Areas
Request Free Customization of this report to help us to meet your business objectives.
The global smart agriculture market is characterized by strong competition among key players who are actively investing in AI-driven technologies, precision solutions, and strategic acquisitions to strengthen their portfolios. Deere & Company has been at the forefront of integrating technology into agriculture. In 2023, the company reported a 12% year-over-year increase in large agriculture equipment sales, reflecting strong demand for its precision farming solutions. A notable innovation is the fully autonomous 8R tractor, introduced in 2022, which can be controlled remotely via a smartphone, marking a significant step toward automation in farming.
Further solidifying its position in the precision agriculture market, Trimble announced a joint venture with AGCO Corporation in September 2023. This collaboration focuses on developing mixed-fleet precision agriculture solutions, combining Trimble's expertise in technology with AGCO's agricultural machinery to offer integrated solutions to farmers. Agritech startups are also making strides—Netherlands-based AgXeed partnered with CLAAS in 2023 to develop autonomous field robots. Furthermore, collaborations are central to the competitive strategy; for example, Bayer and Microsoft teamed up in 2023 to build a cloud-based platform for data-driven farming. These developments reflect an innovation-intensive, rapidly consolidating market.
Emerging Trends Shaping the Future of Smart Agriculture
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected using Primary Exploratory Research backed by robust Secondary Desk research.
Based on SkyQuest in-depth study, we found that the Smart Agriculture market is poised for transformative growth driven by rapid technological advancements and increasing demand for sustainable farming practices. Our study also reveals that in the short term, adoption of IoT devices and drones for precision farming is expanding quickly, supported by favorable government policies and rising awareness among farmers. In the mid-term, the integration of AI, machine learning, and robotics will significantly enhance farm productivity, with emerging economies increasingly embracing affordable smart solutions. Additionally, blockchain technology will improve supply chain transparency and food safety, fostering greater consumer trust.
Over the long term, SkyQuest’s analysis highlights the emergence of fully automated smart farms and urban vertical farming as critical solutions to land scarcity and climate challenges. The focus will shift towards circular agriculture and resource recycling to ensure environmental sustainability and resilient food systems. Overall, the Smart Agriculture market is expected to witness robust growth driven by innovation, digitization, and global efforts to address food security challenges.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 14.44 Billion |
| Market size value in 2033 | USD 34.6 Billion |
| Growth Rate | 10.2% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Smart Agriculture Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Smart Agriculture Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Smart Agriculture Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Smart Agriculture Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
REQUEST FOR SAMPLE
REQUEST FREE CUSTOMIZATION
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Feedback From Our Clients
USA (+1) 351-333-4748
