Smart Agriculture Market

Smart Agriculture Market Size, Share, Sales, Analysis, Forecast By Component (Hardware, Software, and Services), By Agriculture Type (Precision Farming, Livestock Monitoring, Precision Aquaculture, Smart Greenhouse, Precision Forestry, and Others), By Farm Size (Small, Medium, and Large), By Geography, Industry Competition & Player Profiles, 2023 – 2032
Frequently asked questions about this report

The global market for smart agriculture will most likely expand at over 7.5% CAGR through 2030.

Major participants in the Smart Agriculture industry comprise Ag Leader Technology, AGCO Corporation, AgEagle Aerial Systems Inc., AgJunction Inc., Argus Control Systems Limited, BouMatic, CLAAS KGaA mbH, CNH Industrial, CROPMETRICS, CropZilla, Deere & Company, DeLaval Inc., DICKEY-john, DroneDeploy, Farmers Edge Inc., GAMAYA, GEA Group AG, Grownetics, Inc., Raven Industries, Inc., The Climate Corporation, TOPCON CORPORATION, and Trimble, Inc..

Rising adoption of vertical agriculture, increased investment in development of autonomous farm tools, and government initiatives to promote greenhouse farming are the key factors contributing towards the growth of the global smart agriculture market.

North America held the largest share of the global smart agriculture market and is anticipated to be a dominating segment throughout the forecast period owing to strong penetration of smart agriculture solutions across the United States and Canada.

Based on agriculture types, the smart agriculture market is segmented into precision farming, livestock monitoring, precision aquaculture, smart greenhouse, precision forestry, and others.

The Smart Agriculture Market was worth US$ 11 billion in 2019.