Global Smart Agriculture Market

Smart Agriculture Market Size, Share, Growth Analysis, By Agriculture Type(Precision farming, Livestock monitoring, Smart greenhouse, and Others), By Software(Remote monitoring, data analytics, Supply Chain Management, Quality Assurance), By Hardware(Soil Sensors, Nutrient Sensors, Moisture Sensors, Light Sensors), By Offering(Hardware, Software), By Farm Size(Small, Medium, and Large), By Region - Industry Forecast 2025-2032


Report ID: SQMIG10A2026 | Region: Global | Published Date: April, 2024
Pages: 178 | Tables: 153 | Figures: 70

Smart Agriculture Market Insights

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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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 competitive environment of the Smart Agriculture Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in smart agriculture industry. 'CropMetrics', 'CLAAS KGaA', 'Ag Leader Technology', 'AgJunction, Inc.', 'Autonomous Solutions, Inc.', 'BouMatic Robotic B.V.', 'Deere & Company', 'DroneDeploy', 'Farmers Edge Inc', 'Topcon Corporation', 'Raven Industries', 'Trimble Inc.'

The rapid assimilation of sophisticated technologies such as mapping software, Variable Rate Technology (VRT), GPS systems, and advanced data management tools has sparked a remarkable upsurge in agricultural productivity. Among these, the integration of mapping software stands as a revolutionary force in reshaping the agricultural panorama, notably enhancing capabilities in crop yield prediction and monitoring crop health.

Every day, an immense volume of farm data is generated, yet its true value remains untapped without proper examination. Big data and analytics serve as indispensable tools that transform this raw information into actionable insights. A wide array of data, including crop disease statistics, weather forecasts, market prices, irrigation patterns, land utilization, crop areas, production metrics, and future projections, forms the foundation for planning the upcoming farming seasons. Leveraging analytical tools, is shaping future smart agriculture market trends, with the wealth of information is harnessed from various sources, encompassing weather events, machinery performance, water cycles, and detailed data on crop quality and quantity.

The forecast period anticipates North America to demonstrate the swiftest revenue CAGR, largely propelled by intensified government initiatives and regulatory interventions aimed at fortifying the agricultural sector within the region. These concerted efforts seek to bolster agricultural practices through innovative technologies and sustainable methodologies, fostering productivity and resilience in the face of evolving challenges. The concerted efforts to bolster agricultural practices have spurred a surge in demand, driven by a proactive stance toward fostering sustainable and smart agriculture.

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Global Smart Agriculture Market

Report ID: SQMIG10A2026

$5,300
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