Report ID: SQMIG10A2026
Report ID:
SQMIG10A2026 |
Region:
Global |
Published Date: April, 2024
Pages:
178
|
Tables:
153 |
Figures:
70
Smart Agriculture Market size was valued at USD 14.34 Billion in 2023 and is poised to grow from USD 15.7 Billion in 2024 to USD 32.47 Billion by 2032, growing at a CAGR of 9.51% during the forecast period (2025-2032).
The convergence of IoT technology alongside robotics, drones, remote sensors, and computer imaging is poised to revolutionize agriculture by offering farmers comprehensive data for optimizing their farming practices in alignment with environmental needs. This integration promises an exponential acceleration in smart agriculture market growth by enabling farmers to access crucial insights for decision-making. Leveraging GPS and GIS for pinpoint monitoring of specific field locations, assessing soil quality, and visualizing field data on maps, combined with robust big data analytics, is set to revolutionize land productivity.
The swift uptake of precision farming methodologies, tailored to offer precise inputs for maximizing land productivity, and the advent of smart greenhouse technologies are pivotal contributors driving smart agriculture market's positive trajectory. These advancements collectively signal a transformative shift in agriculture, promising heightened efficiency, sustainability, and informed decision-making for farmers, thereby fueling the market's rapid expansion.
US Smart Agriculture Market is poised to grow at a sustainable CAGR for the next forecast year.
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Report ID: SQMIG10A2026